COMP <GO>

P vs TSM // GROSS PROFIT MARGIN

Everpure Inc. (NYSE) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: P 6 — TSM 8

▲ GROSS PROFIT MARGIN LEADER: P

LAST: $126.98 (-7.45%) • MKT CAP: $45.72B

gross-margins

70.40%

LAST: $406.13 (-5.95%) • MKT CAP: $2.24T

gross-margins

62.00%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (P VS. TSM) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	P	TSM	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin ACTIVE	70.40%	62.00%	+8.40	P	/gross-margins <GO>
Return on Invested Capital (ROIC)	2.50%	14.90%	-12.40	TSM	/roic <GO>
EV/EBITDA & P/E Valuation	95.0x	14.9x	+80.10	TSM	/valuation <GO>
Free Cash Flow Yield	1.35%	3.99%	-2.64	TSM	/fcf-yield <GO>
Operating Margin	3.10%	21.10%	-18.00	TSM	/operating-margins <GO>
Net Profit Margin	5.10%	16.40%	-11.30	TSM	/net-margins <GO>
Revenue Growth (YoY)	15.60%	-3.30%	+18.90	P	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	9.30	3.87	+5.43	P	/balance-sheet <GO>
Piotroski F-Score Quality	9/9	7/9	+2.00	P	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	8.10%	8.30%	-0.20	P	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	47.5	38.3	+9.11	P	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	1.34	1.42	-0.08	TSM	/macro-sensitivity <GO>
Forward P/E Multiple	140.0x	20.2x	+119.80	TSM	/forward-pe <GO>
Enterprise Scale & Market Cap	$45.72B	$2.24T	-$2.19T	TSM	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	P REV	TSM REV	P GROSS %	TSM GROSS %	P FCF	TSM FCF
FY 2025	$3.66B	—	70.4%	—	$615.7M	—
FY 2024	$3.17B	—	69.8%	—	$526.9M	—
FY 2023	$2.83B	—	44.0%	—	$550.3M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

P // BETA 1.34

TSM // BETA 1.42