COMP <GO>
WAY vs TSM // NET PROFIT MARGIN
Waystar Holding Corp. (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: WAY 6
— TSM 7
▲ NET PROFIT MARGIN LEADER: TSM
LAST: $28.00 (-0.74%) • MKT CAP: $5.41B
net-margins
10.20%
LAST: $406.13 (-5.95%) • MKT CAP: $2.24T
net-margins
16.40%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WAY VS. TSM)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WAY | TSM | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 62.00% | 62.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 3.70% | 14.90% | -11.20 | TSM | /roic <GO> |
| EV/EBITDA & P/E Valuation | 23.4x | 14.9x | +8.50 | TSM | /valuation <GO> |
| Free Cash Flow Yield | 4.81% | 3.99% | +0.82 | WAY | /fcf-yield <GO> |
| Operating Margin | 22.70% | 21.10% | +1.60 | WAY | /operating-margins <GO> |
| Net Profit Margin ACTIVE | 10.20% | 16.40% | -6.20 | TSM | /net-margins <GO> |
| Revenue Growth (YoY) | 16.50% | -3.30% | +19.80 | WAY | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.03 | 3.87 | -1.84 | TSM | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | WAY | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 8.20% | 8.30% | -0.10 | WAY | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.3 | 38.3 | +16.98 | WAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.39 | 1.42 | -0.03 | TSM | /macro-sensitivity <GO> |
| Forward P/E Multiple | 40.6x | 20.2x | +20.40 | TSM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $5.41B | $2.24T | -$2.23T | TSM | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WAY REV | TSM REV | WAY GROSS % | TSM GROSS % | WAY FCF | TSM FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $1.10B | — | 44.0% | — | $260.2M | — |
| FY 2024 | $943.5M | — | 44.0% | — | $127.3M | — |
| FY 2023 | $791.0M | — | 44.0% | — | $15.9M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WAY // BETA 1.39
TSM // BETA 1.42