COMP <GO>
TONX vs MS // OPERATING MARGIN
TON Strategy Company (NASDAQ) VS. Morgan Stanley (NYSE) • 15-METRIC TALLY: TONX 1
— MS 8
▲ OPERATING MARGIN LEADER: MS
LAST: $3.06 (-7.27%) • MKT CAP: $181.7M
operating-margins
-60.00%
LAST: $184.30 (-3.00%) • MKT CAP: $298.41B
operating-margins
24.60%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TONX VS. MS)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TONX | MS | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -7.80% | 3.00% | -10.80 | MS | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 31.0x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | -11.48% | -7.25% | -4.23 | MS | /fcf-yield <GO> |
| Operating Margin ACTIVE | -60.00% | 24.60% | -84.60 | MS | /operating-margins <GO> |
| Net Profit Margin | -60.00% | 20.20% | -80.20 | MS | /net-margins <GO> |
| Revenue Growth (YoY) | 180.00% | 5.50% | +174.50 | TONX | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.21% | -2.21 | MS | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 3/9 | 5/9 | -2.00 | MS | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 46.6 | 51.0 | -4.38 | MS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 1.04 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | — | 16.5x | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $181.7M | $298.41B | -$298.23B | MS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TONX REV | MS REV | TONX GROSS % | MS GROSS % | TONX FCF | MS FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $12.8M | $0 | — | — | -$20.9M | -$17.89B |
| FY 2024 | $895.0K | $0 | — | — | -$9.1M | $1.36B |
| FY 2023 | $63.0K | $0 | — | — | — | -$33.54B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TONX // BETA —
MS // BETA 1.04