COMP <GO>
VIAV vs TSM // EV/EBITDA & P/E VALUATION
Viavi Solutions Inc. (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: VIAV 2
— TSM 11
▲ EV/EBITDA & P/E VALUATION LEADER: TSM
LAST: $29.92 (-10.20%) • MKT CAP: $8.25B
valuation
63.1x
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
valuation
14.9x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (VIAV VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | VIAV | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 57.70% | 62.00% | -4.30 | TSM | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.40% | 14.90% | -5.50 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 63.1x | 14.9x | +48.20 | TSM | /valuation <GO> |
| Free Cash Flow Yield | 1.00% | 3.99% | -2.99 | TSM | /fcf-yield <GO> |
| Operating Margin | 6.90% | 21.10% | -14.20 | TSM | /operating-margins <GO> |
| Net Profit Margin | -2.00% | 16.40% | -18.40 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 40.00% | -3.30% | +43.30 | VIAV | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 0.45 | 3.87 | -3.42 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 7/9 | 7/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 7.90% | 8.30% | -0.40 | VIAV | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 35.5 | 38.3 | -2.89 | TSM | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.30 | 1.42 | -0.12 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 22.0x | 20.2x | +1.80 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.25B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | VIAV REV | TSM REV | VIAV GROSS % | TSM GROSS % | VIAV FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.52B | — | 57.7% | — | $82.8M | — |
| FY 2024 | $1.08B | — | 57.3% | — | $62.0M | — |
| FY 2023 | $1.11B | — | 44.0% | — | $64.3M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
VIAV // BETA 1.30
TSM // BETA 1.42