COMP <GO>
IONQ vs TSM // FORWARD P/E MULTIPLE
IonQ Inc. (NYSE) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: IONQ 2
— TSM 10
▲ FORWARD P/E MULTIPLE LEADER: TSM
LAST: $30.04 (-5.30%) • MKT CAP: $12.97B
forward-pe
25.0x
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
forward-pe
20.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (IONQ VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | IONQ | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 62.00% | 62.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -12.80% | 14.90% | -27.70 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 14.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -2.31% | 3.99% | -6.30 | TSM | /fcf-yield <GO> |
| Operating Margin | -60.00% | 21.10% | -81.10 | TSM | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 16.40% | -76.40 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 180.00% | -3.30% | +183.30 | IONQ | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.71 | 3.87 | -1.16 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 7/9 | -2.00 | TSM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 8.00% | 8.30% | -0.30 | IONQ | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 34.7 | 38.3 | -3.61 | TSM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.33 | 1.42 | -0.09 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 25.0x | 20.2x | +4.80 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $12.97B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | IONQ REV | TSM REV | IONQ GROSS % | TSM GROSS % | IONQ FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $130.0M | — | 44.0% | — | -$299.6M | — |
| FY 2024 | $43.1M | — | 44.0% | — | -$123.7M | — |
| FY 2023 | $22.0M | — | 44.0% | — | -$79.8M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
IONQ // BETA 1.33
TSM // BETA 1.42