COMP <GO>
SPSC vs NVDA // EV/EBITDA & P/E VALUATION
SPS Commerce Inc. (NASDAQ) VS. NVIDIA Corporation (NASDAQ) • 15-METRIC TALLY: SPSC 3
— NVDA 10
▲ EV/EBITDA & P/E VALUATION LEADER: SPSC
LAST: $85.78 (+0.22%) • MKT CAP: $3.09B
valuation
20.9x
LAST: $213.66 (-0.80%) • MKT CAP: $5.15T
valuation
23.2x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (SPSC VS. NVDA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | SPSC | NVDA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 69.20% | 74.67% | -5.47 | NVDA | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 11.40% | 65.06% | -53.66 | NVDA | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 20.9x | 23.2x | -2.31 | SPSC | /valuation <GO> |
| Free Cash Flow Yield | 4.93% | 2.58% | +2.35 | SPSC | /fcf-yield <GO> |
| Operating Margin | 15.70% | 65.21% | -49.51 | NVDA | /operating-margins <GO> |
| Net Profit Margin | 12.40% | 63.66% | -51.26 | NVDA | /net-margins <GO> |
| Revenue Growth (YoY) | 17.80% | 83.38% | -65.58 | NVDA | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.02% | -0.02 | NVDA | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 11.13 | 19.52 | -8.39 | NVDA | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 4/9 | +4.00 | SPSC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 9.01% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 44.6 | 51.1 | -6.50 | NVDA | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 2.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 27.8x | 17.0x | +10.78 | NVDA | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $3.09B | $5.15T | -$5.15T | NVDA | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | SPSC REV | NVDA REV | SPSC GROSS % | NVDA GROSS % | SPSC FCF | NVDA FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $215.94B | — | 71.1% | — | $96.68B |
| FY 2025 | $751.5M | $130.50B | 69.2% | 75.0% | $152.3M | $60.85B |
| FY 2024 | $637.8M | $60.92B | 67.0% | 72.7% | $137.4M | $27.02B |
| FY 2023 | $536.9M | $26.97B | — | 56.9% | $132.3M | $3.81B |
| FY 2022 | — | $26.91B | — | 64.9% | — | $8.13B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
SPSC // BETA —
NVDA // BETA 2.04