COMP <GO>
TS vs FCX // OPTIONS IMPLIED MOVE & PUT/CALL SKEW
Tenaris S.A. (NYSE) VS. Freeport-McMoRan Inc. (NYSE) • 15-METRIC TALLY: TS 7
— FCX 7
▲ OPTIONS IMPLIED MOVE & PUT/CALL SKEW LEADER: FCX
LAST: $60.31 (-1.63%) • MKT CAP: $32.46B
options-implied-move
7.00%
LAST: $62.47 (-5.55%) • MKT CAP: $94.98B
options-implied-move
6.70%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TS VS. FCX)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TS | FCX | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 26.10% | +14.90 | TS | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.90% | 21.50% | -11.60 | FCX | /roic <GO> |
| EV/EBITDA & P/E Valuation | 21.0x | 13.4x | +7.60 | FCX | /valuation <GO> |
| Free Cash Flow Yield | 2.21% | 4.71% | -2.50 | FCX | /fcf-yield <GO> |
| Operating Margin | 13.90% | 25.90% | -12.00 | FCX | /operating-margins <GO> |
| Net Profit Margin | 10.90% | 8.80% | +2.10 | TS | /net-margins <GO> |
| Revenue Growth (YoY) | 2.20% | 0.10% | +2.10 | TS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.91% | -0.91 | FCX | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 3.74 | 3.08 | +0.66 | TS | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew ACTIVE | 7.00% | 6.70% | +0.30 | FCX | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 59.1 | 30.2 | +28.91 | TS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.03 | 0.95 | +0.08 | TS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 30.5x | 40.1x | -9.60 | TS | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $32.46B | $94.98B | -$62.52B | FCX | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TS REV | FCX REV | TS GROSS % | FCX GROSS % | TS FCF | FCX FCF |
|---|---|---|---|---|---|---|
| FY 2025 | — | $25.19B | — | 26.1% | — | $4.48B |
| FY 2024 | — | $25.17B | — | 29.3% | — | $6.03B |
| FY 2023 | — | $22.70B | — | 44.0% | — | $4.26B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TS // BETA 1.03
FCX // BETA 0.95