COMP <GO>
SPSC vs MSFT // FORWARD P/E MULTIPLE
SPS Commerce Inc. (NASDAQ) VS. Microsoft Corporation (NASDAQ) • 15-METRIC TALLY: SPSC 4
— MSFT 9
▲ FORWARD P/E MULTIPLE LEADER: MSFT
LAST: $85.78 (+0.22%) • MKT CAP: $3.09B
forward-pe
27.8x
LAST: $530.14 (-0.16%) • MKT CAP: $3.94T
forward-pe
24.6x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SPSC VS. MSFT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SPSC | MSFT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 69.20% | 67.66% | +1.54 | SPSC | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.40% | 26.54% | -15.14 | MSFT | /roic <GO> |
| EV/EBITDA & P/E Valuation | 20.9x | 19.9x | +0.97 | MSFT | /valuation <GO> |
| Free Cash Flow Yield | 4.93% | 1.55% | +3.38 | SPSC | /fcf-yield <GO> |
| Operating Margin | 15.70% | 47.10% | -31.40 | MSFT | /operating-margins <GO> |
| Net Profit Margin | 12.40% | 41.17% | -28.77 | MSFT | /net-margins <GO> |
| Revenue Growth (YoY) | 17.80% | 17.91% | -0.11 | MSFT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.70% | -0.70 | MSFT | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 11.13 | 9.35 | +1.78 | SPSC | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 6/9 | +2.00 | SPSC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 5.74% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 51.5 | 64.8 | -13.30 | MSFT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.14 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple ACTIVE | 27.8x | 24.6x | +3.21 | MSFT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.09B | $3.94T | -$3.93T | MSFT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SPSC REV | MSFT REV | SPSC GROSS % | MSFT GROSS % | SPSC FCF | MSFT FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $331.84B | — | 67.9% | — | $66.99B |
| FY 2025 | $751.5M | $281.72B | 69.2% | 68.8% | $152.3M | $71.61B |
| FY 2024 | $637.8M | $245.12B | 67.0% | 69.8% | $137.4M | $74.07B |
| FY 2023 | $536.9M | $211.91B | — | 68.9% | $132.3M | $59.48B |
| FY 2022 | — | $198.27B | — | 68.4% | — | $65.15B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SPSC // BETA —
MSFT // BETA 1.14