COMP <GO>
TCOM vs GPN // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Trip.com Group Limited (NASDAQ) VS. Global Payments Inc. (NYSE) • 15-METRIC TALLY: TCOM 11
— GPN 3
■ METRIC PARITY
LAST: $38.56 (-0.03%) • MKT CAP: $24.28B
options-implied-move
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LAST: $85.72 (+2.60%) • MKT CAP: $22.68B
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TCOM VS. GPN)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TCOM | GPN | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 80.60% | 72.60% | +8.00 | TCOM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.80% | 5.10% | +3.70 | TCOM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 8.6x | 13.1x | -4.50 | TCOM | /valuation <GO> |
| Free Cash Flow Yield | 8.01% | 10.18% | -2.17 | GPN | /fcf-yield <GO> |
| Operating Margin | 25.30% | 22.80% | +2.50 | TCOM | /operating-margins <GO> |
| Net Profit Margin | 53.40% | 18.20% | +35.20 | TCOM | /net-margins <GO> |
| Revenue Growth (YoY) | 22.20% | -0.40% | +22.60 | TCOM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.84% | 1.05% | -0.21 | GPN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.05 | 0.99 | +1.06 | TCOM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | TCOM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 42.9 | 51.2 | -8.30 | GPN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.11 | 1.09 | +0.02 | TCOM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 4.3x | 15.1x | -10.80 | TCOM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $24.28B | $22.68B | $1.60B | TCOM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TCOM REV | GPN REV | TCOM GROSS % | GPN GROSS % | TCOM FCF | GPN FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $8.93B | $7.71B | 80.6% | 72.6% | $1.95B | $2.31B |
| FY 2024 | $7.30B | $7.74B | 81.3% | 73.7% | $2.61B | $2.71B |
| FY 2023 | $6.27B | $7.38B | — | — | $2.82B | $2.22B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TCOM // BETA 1.11
GPN // BETA 1.09