COMP <GO>

WB vs TSM // RETURN ON INVESTED CAPITAL (ROIC)

Weibo Corporation (NASDAQ) VS. Taiwan Semiconductor Manufacturing Company Ltd. (NYSE) • 15-METRIC TALLY: WB 1 — TSM 3

▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: WB

LAST: $6.30 (+1.94%) • MKT CAP: $1.55B

roic

22.60%

LAST: $431.81 (-1.75%) • MKT CAP: $2.24T

roic

14.90%

15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WB VS. TSM) EMERALD CELL = QUANTITATIVE EDGE

INSTITUTIONAL METRIC	WB	TSM	SPREAD (A - B)	ADVANTAGE	DEDICATED URL
Gross Profit Margin	—	—	—	TIE	/gross-margins <GO>
Return on Invested Capital (ROIC) ACTIVE	22.60%	14.90%	+7.70	WB	/roic <GO>
EV/EBITDA & P/E Valuation	—	14.9x	—	TIE	/valuation <GO>
Free Cash Flow Yield	—	3.99%	—	TIE	/fcf-yield <GO>
Operating Margin	—	21.10%	—	TIE	/operating-margins <GO>
Net Profit Margin	—	16.40%	—	TIE	/net-margins <GO>
Revenue Growth (YoY)	—	-3.30%	—	TIE	/revenue-growth <GO>
Dividend Yield & FCF Payout Safety	0.00%	0.00%	0.00	TIE	/dividend-safety <GO>
Altman Z-Score & Debt/Equity	—	3.87	—	TIE	/balance-sheet <GO>
Piotroski F-Score Quality	6/9	7/9	-1.00	TSM	/piotroski-score <GO>
Options Implied Move & Put/Call Skew	—	—	—	TIE	/options-implied-move <GO>
RSI-14 & 200D SMA Momentum	35.9	49.4	-13.53	TSM	/rsi-technicals <GO>
10Y Yield & FRED Macro Beta	—	1.42	—	TIE	/macro-sensitivity <GO>
Forward P/E Multiple	—	20.2x	—	TIE	/forward-pe <GO>
Enterprise Scale & Market Cap	$1.55B	$2.24T	-$2.24T	TSM	/market-cap <GO>

5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY

FISCAL YEAR	WB REV	TSM REV	WB GROSS %	TSM GROSS %	WB FCF	TSM FCF
FY 2025	$0	—	—	—	$477.1M	—
FY 2024	$0	—	—	—	$578.4M	—
FY 2023	$0	—	—	—	$672.8M	—

FRED MACRO REGIME CORRELATION COMPARISON PEARSON r

WB // BETA —

TSM // BETA 1.42