COMP <GO>
BILL vs TSM // ALTMAN Z-SCORE & DEBT/EQUITY
BILL Holdings Inc. (NYSE) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: BILL 6
— TSM 7
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: TSM
LAST: $48.31 (-0.33%) • MKT CAP: $4.16B
balance-sheet
0.62
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
balance-sheet
3.87
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BILL VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BILL | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 81.40% | 62.00% | +19.40 | BILL | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -1.20% | 14.90% | -16.10 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 14.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 8.32% | 3.99% | +4.33 | BILL | /fcf-yield <GO> |
| Operating Margin | -5.50% | 21.10% | -26.60 | TSM | /operating-margins <GO> |
| Net Profit Margin | 1.60% | 16.40% | -14.80 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 13.40% | -3.30% | +16.70 | BILL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 0.62 | 3.87 | -3.25 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | BILL | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 8.00% | 8.30% | -0.30 | BILL | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.0 | 38.3 | +16.69 | BILL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.33 | 1.42 | -0.09 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 140.0x | 20.2x | +119.80 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.16B | $2.24T | -$2.24T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BILL REV | TSM REV | BILL GROSS % | TSM GROSS % | BILL FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.46B | — | 81.4% | — | $346.3M | — |
| FY 2024 | $1.29B | — | 81.8% | — | $277.8M | — |
| FY 2023 | $1.06B | — | 44.0% | — | $140.1M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BILL // BETA 1.33
TSM // BETA 1.42