COMP <GO>
FORM vs TSM // DIVIDEND YIELD & FCF PAYOUT SAFETY
FormFactor Inc. FormFactor Inc. (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: FORM 3
— TSM 10
■ METRIC PARITY
LAST: $87.53 (-10.19%) • MKT CAP: $7.61B
dividend-safety
0.00%
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
dividend-safety
0.00%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (FORM VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | FORM | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 39.30% | 62.00% | -22.70 | TSM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 4.80% | 14.90% | -10.10 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 51.8x | 14.9x | +36.90 | TSM | /valuation <GO> |
| Free Cash Flow Yield | 0.15% | 3.99% | -3.84 | TSM | /fcf-yield <GO> |
| Operating Margin | 7.30% | 21.10% | -13.80 | TSM | /operating-margins <GO> |
| Net Profit Margin | 6.90% | 16.40% | -9.50 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 2.80% | -3.30% | +6.10 | FORM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety ACTIVE | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 25.60 | 3.87 | +21.73 | FORM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.40% | 8.30% | -0.90 | FORM | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 33.4 | 38.3 | -4.95 | TSM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.16 | 1.42 | -0.26 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 130.3x | 20.2x | +110.10 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $7.61B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | FORM REV | TSM REV | FORM GROSS % | TSM GROSS % | FORM FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $785.0M | — | 39.3% | — | $11.7M | — |
| FY 2024 | $763.6M | — | 40.3% | — | $79.1M | — |
| FY 2023 | $663.1M | — | 44.0% | — | $34.8M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
FORM // BETA 1.16
TSM // BETA 1.42