COMP <GO>
NTSK vs TSM // 10Y YIELD & FRED MACRO BETA
Netskope Inc. (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: NTSK 4
— TSM 9
▲ 10Y YIELD & FRED MACRO BETA LEADER: TSM
LAST: $24.30 (-7.22%) • MKT CAP: $10.70B
macro-sensitivity
1.30
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
macro-sensitivity
1.42
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (NTSK VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | NTSK | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 68.10% | 62.00% | +6.10 | NTSK | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -35.00% | 14.90% | -49.90 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 14.9x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 0.14% | 3.99% | -3.85 | 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) | 31.70% | -3.30% | +35.00 | NTSK | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.70 | 3.87 | -2.17 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 7/9 | -1.00 | TSM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.90% | 8.30% | -0.40 | NTSK | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 64.2 | 38.3 | +25.88 | NTSK | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.30 | 1.42 | -0.12 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 35.0x | 20.2x | +14.80 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $10.70B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | NTSK REV | TSM REV | NTSK GROSS % | TSM GROSS % | NTSK FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $709.0M | — | 68.1% | — | $15.2M | — |
| FY 2024 | $538.3M | — | 64.6% | — | -$144.4M | — |
| FY 2023 | $406.9M | — | 44.0% | — | -$185.5M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
NTSK // BETA 1.30
TSM // BETA 1.42