COMP <GO>
SHOP vs NVDA // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Shopify Inc. Class A Subordinate Voting Shares (NASDAQ) VS. NVIDIA Corporation (NASDAQ) • 15-METRIC TALLY: SHOP 3
— NVDA 10
■ METRIC PARITY
LAST: $166.89 (-0.79%) • MKT CAP: $216.26B
options-implied-move
—
LAST: $213.66 (-0.80%) • MKT CAP: $5.15T
options-implied-move
9.01%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SHOP VS. NVDA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SHOP | NVDA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 48.10% | 74.67% | -26.57 | NVDA | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 6.70% | 65.06% | -58.36 | NVDA | /roic <GO> |
| EV/EBITDA & P/E Valuation | 95.0x | 23.2x | +71.79 | NVDA | /valuation <GO> |
| Free Cash Flow Yield | 0.93% | 2.58% | -1.65 | NVDA | /fcf-yield <GO> |
| Operating Margin | 12.70% | 65.21% | -52.51 | NVDA | /operating-margins <GO> |
| Net Profit Margin | 10.70% | 63.66% | -52.96 | NVDA | /net-margins <GO> |
| Revenue Growth (YoY) | 30.10% | 83.38% | -53.28 | NVDA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.02% | -0.02 | NVDA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 19.69 | 19.52 | +0.17 | SHOP | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 4/9 | +4.00 | SHOP | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | 9.01% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 53.9 | 51.1 | +2.80 | SHOP | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.22 | 2.04 | -0.82 | NVDA | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 17.0x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $216.26B | $5.15T | -$4.93T | NVDA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SHOP REV | NVDA REV | SHOP GROSS % | NVDA GROSS % | SHOP FCF | NVDA FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $215.94B | — | 71.1% | — | $96.68B |
| FY 2025 | $11.56B | $130.50B | 48.1% | 75.0% | $2.01B | $60.85B |
| FY 2024 | $8.88B | $60.92B | 50.4% | 72.7% | $1.60B | $27.02B |
| FY 2023 | $7.06B | $26.97B | — | 56.9% | $626.3M | $3.81B |
| FY 2022 | — | $26.91B | — | 64.9% | — | $8.13B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SHOP // BETA 1.22
NVDA // BETA 2.04