COMP <GO>
HUT vs HSBC // 10Y YIELD & FRED MACRO BETA
Hut 8 Corp. (NASDAQ) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: HUT 5
— HSBC 8
▲ 10Y YIELD & FRED MACRO BETA LEADER: HUT
LAST: $59.40 (-10.60%) • MKT CAP: $8.19B
macro-sensitivity
1.11
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
macro-sensitivity
0.92
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (HUT VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | HUT | HSBC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 54.20% | 41.00% | +13.20 | HUT | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -13.90% | 9.90% | -23.80 | HSBC | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 21.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -1.83% | 2.21% | -4.04 | HSBC | /fcf-yield <GO> |
| Operating Margin | -60.00% | 13.90% | -73.90 | HSBC | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 10.90% | -70.90 | HSBC | /net-margins <GO> |
| Revenue Growth (YoY) | 44.80% | 23.10% | +21.70 | HUT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.33 | 3.74 | +0.59 | HUT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 8/9 | -3.00 | HSBC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.30% | 6.60% | +0.70 | HSBC | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 33.6 | 25.0 | +8.61 | HUT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.11 | 0.92 | +0.19 | HUT | /macro-sensitivity <GO> |
| Forward P/E Multiple | 36.0x | 27.6x | +8.40 | HSBC | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.19B | $297.33B | -$289.14B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | HUT REV | HSBC REV | HUT GROSS % | HSBC GROSS % | HUT FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $235.1M | — | 54.2% | — | -$149.8M | — |
| FY 2024 | $162.4M | — | 46.6% | — | -$75.8M | — |
| FY 2023 | $82.2M | — | 44.0% | — | -$25.9M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
HUT // BETA 1.11
HSBC // BETA 0.92