COMP <GO>
CSIQ vs TSM // FORWARD P/E MULTIPLE
Canadian Solar Inc. (ON) (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: CSIQ 1
— TSM 7
■ METRIC PARITY
LAST: $9.35 (-2.50%) • MKT CAP: $634.1M
forward-pe
—
LAST: $431.81 (-1.75%) • MKT CAP: $2.24T
forward-pe
20.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CSIQ VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CSIQ | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 18.30% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 2.40% | 14.90% | -12.50 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 7.3x | 14.9x | -7.60 | CSIQ | /valuation <GO> |
| Free Cash Flow Yield | — | 3.99% | — | TIE | /fcf-yield <GO> |
| Operating Margin | 0.80% | 21.10% | -20.30 | TSM | /operating-margins <GO> |
| Net Profit Margin | -1.90% | 16.40% | -18.30 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | — | -3.30% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.56 | 3.87 | -3.31 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 1/9 | 7/9 | -6.00 | TSM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 37.8 | 49.4 | -11.60 | TSM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.42 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | — | 20.2x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $634.1M | $2.24T | -$2.24T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CSIQ REV | TSM REV | CSIQ GROSS % | TSM GROSS % | CSIQ FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $5.60B | — | 18.3% | — | -$252.7M | — |
| FY 2024 | $5.99B | — | 16.7% | — | -$885.3M | — |
| FY 2023 | $0 | — | — | — | $684.6M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CSIQ // BETA —
TSM // BETA 1.42