COMP <GO>
NOW vs TSM // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
ServiceNow Inc. (NYSE) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: NOW 6
— TSM 8
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: NOW
LAST: $105.12 (-4.15%) • MKT CAP: $113.84B
options-implied-move
8.20%
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
options-implied-move
8.30%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NOW VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NOW | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 77.50% | 62.00% | +15.50 | NOW | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.80% | 14.90% | -5.10 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 45.1x | 14.9x | +30.20 | TSM | /valuation <GO> |
| Free Cash Flow Yield | 4.02% | 3.99% | +0.03 | NOW | /fcf-yield <GO> |
| Operating Margin | 13.70% | 21.10% | -7.40 | TSM | /operating-margins <GO> |
| Net Profit Margin | 13.20% | 16.40% | -3.20 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 20.90% | -3.30% | +24.20 | NOW | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 6.25 | 3.87 | +2.38 | NOW | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | NOW | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 8.20% | 8.30% | -0.10 | NOW | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 26.9 | 38.3 | -11.48 | TSM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.38 | 1.42 | -0.04 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 54.7x | 20.2x | +34.50 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $113.84B | $2.24T | -$2.13T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NOW REV | TSM REV | NOW GROSS % | TSM GROSS % | NOW FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $13.28B | — | 77.5% | — | $4.58B | — |
| FY 2024 | $10.98B | — | 79.2% | — | $3.42B | — |
| FY 2023 | $8.97B | — | 44.0% | — | $2.99B | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NOW // BETA 1.38
TSM // BETA 1.42