COMP <GO>
TPB vs COST // EV/EBITDA & P/E VALUATION
Turning Point Brands Inc. (NYSE) VS. Costco Wholesale Corporation (NASDAQ) • 15-METRIC TALLY: TPB 7
— COST 5
▲ EV/EBITDA & P/E VALUATION LEADER: TPB
LAST: $68.81 (+2.53%) • MKT CAP: $1.38B
valuation
13.6x
LAST: $996.08 (+1.36%) • MKT CAP: $441.39B
valuation
31.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TPB VS. COST)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TPB | COST | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 57.10% | 12.82% | +44.28 | TPB | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 17.00% | 42.43% | -25.43 | COST | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 13.6x | 31.4x | -17.76 | TPB | /valuation <GO> |
| Free Cash Flow Yield | 3.18% | 2.09% | +1.09 | TPB | /fcf-yield <GO> |
| Operating Margin | 20.60% | 3.85% | +16.75 | TPB | /operating-margins <GO> |
| Net Profit Margin | 12.60% | 3.04% | +9.56 | TPB | /net-margins <GO> |
| Revenue Growth (YoY) | — | 10.14% | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.40% | 0.58% | -0.18 | COST | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 4.03 | 9.38 | -5.35 | COST | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 6/9 | +1.00 | TPB | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | 4.46% | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 57.2 | 57.7 | -0.51 | COST | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | — | 0.73 | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.0x | 39.7x | -17.72 | TPB | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $1.38B | $441.39B | -$440.01B | COST | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TPB REV | COST REV | TPB GROSS % | COST GROSS % | TPB FCF | COST FCF |
|---|---|---|---|---|---|---|
| FY 2026 | — | $303.15B | — | 12.8% | — | $9.38B |
| FY 2025 | $463.1M | $275.24B | 57.1% | 12.8% | $43.8M | $7.84B |
| FY 2024 | $360.7M | $254.45B | 55.9% | 12.6% | $62.4M | $6.63B |
| FY 2023 | $0 | $242.29B | — | 12.3% | $66.9M | $6.75B |
| FY 2022 | — | $226.95B | — | 12.2% | — | $3.50B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TPB // BETA —
COST // BETA 0.73