COMP <GO>
TNL vs ATAT // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Travel Leisure Co. (NYSE) VS. Atour Lifestyle Holdings Limited (NASDAQ) • 15-METRIC TALLY: TNL 4
— ATAT 7
■ METRIC PARITY
LAST: $71.49 (+4.55%) • MKT CAP: $4.31B
options-implied-move
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LAST: $32.66 (+7.82%) • MKT CAP: $4.44B
options-implied-move
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15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TNL VS. ATAT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TNL | ATAT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 93.20% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 21.70% | 85.00% | -63.30 | ATAT | /roic <GO> |
| EV/EBITDA & P/E Valuation | 11.2x | 11.7x | -0.50 | TNL | /valuation <GO> |
| Free Cash Flow Yield | 12.14% | 6.14% | +6.00 | TNL | /fcf-yield <GO> |
| Operating Margin | 13.80% | 23.60% | -9.80 | ATAT | /operating-margins <GO> |
| Net Profit Margin | 5.70% | 16.60% | -10.90 | ATAT | /net-margins <GO> |
| Revenue Growth (YoY) | 4.10% | 41.00% | -36.90 | ATAT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 3.46% | 2.48% | +0.98 | TNL | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.72 | 6.05 | -4.33 | ATAT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 8/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 69.4 | 50.3 | +19.10 | TNL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.98 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 17.4x | 16.1x | +1.30 | ATAT | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $4.31B | $4.44B | -$135.6M | ATAT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TNL REV | ATAT REV | TNL GROSS % | ATAT GROSS % | TNL FCF | ATAT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $4.02B | $1.40B | 93.2% | — | $523.0M | $272.7M |
| FY 2024 | $3.86B | $993.0M | 97.6% | — | $383.0M | $228.7M |
| FY 2023 | $3.75B | $657.2M | — | — | $181.3M | $280.1M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TNL // BETA 0.98
ATAT // BETA —