COMP <GO>
BRZE vs TSM // 10Y YIELD & FRED MACRO BETA
Braze Inc. (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: BRZE 5
— TSM 7
▲ 10Y YIELD & FRED MACRO BETA LEADER: TSM
LAST: $45.75 (-0.11%) • MKT CAP: $5.20B
macro-sensitivity
1.21
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
macro-sensitivity
1.42
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (BRZE VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | BRZE | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 67.10% | 62.00% | +5.10 | BRZE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -16.20% | 14.90% | -31.10 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 14.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 1.19% | 3.99% | -2.80 | TSM | /fcf-yield <GO> |
| Operating Margin | -19.60% | 21.10% | -40.70 | TSM | /operating-margins <GO> |
| Net Profit Margin | -17.80% | 16.40% | -34.20 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 24.40% | -3.30% | +27.70 | BRZE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 5.87 | 3.87 | +2.00 | BRZE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.60% | 8.30% | -0.70 | BRZE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 83.5 | 38.3 | +45.18 | BRZE | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.21 | 1.42 | -0.21 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 36.0x | 20.2x | +15.80 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.20B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | BRZE REV | TSM REV | BRZE GROSS % | TSM GROSS % | BRZE FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $738.2M | — | 67.1% | — | $61.9M | — |
| FY 2024 | $593.4M | — | 69.1% | — | $23.4M | — |
| FY 2023 | $471.8M | — | 44.0% | — | -$14.4M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
BRZE // BETA 1.21
TSM // BETA 1.42