COMP <GO>
ZS vs CTSH // EV/EBITDA & P/E VALUATION
Zscaler Inc. (NASDAQ) VS. Cognizant Technology Solutions Corporation (NASDAQ) • 15-METRIC TALLY: ZS 4
— CTSH 7
■ METRIC PARITY
LAST: $223.79 (-5.90%) • MKT CAP: $38.78B
valuation
—
LAST: $65.09 (-0.03%) • MKT CAP: $29.11B
valuation
7.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (ZS VS. CTSH)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | ZS | CTSH | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 76.90% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -3.10% | 19.60% | -22.70 | CTSH | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | — | 7.4x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 2.00% | 9.21% | -7.21 | CTSH | /fcf-yield <GO> |
| Operating Margin | -4.80% | 16.10% | -20.90 | CTSH | /operating-margins <GO> |
| Net Profit Margin | -1.60% | 10.60% | -12.20 | CTSH | /net-margins <GO> |
| Revenue Growth (YoY) | 23.30% | 7.00% | +16.30 | ZS | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 2.17% | -2.17 | CTSH | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 5.77 | 5.80 | -0.03 | CTSH | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 8/9 | 0.00 | TIE | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 55.0 | 52.6 | +2.40 | ZS | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.41 | 1.16 | +0.25 | ZS | /macro-sensitivity <GO> |
| Forward P/E Multiple | 24.0x | 11.7x | +12.30 | CTSH | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $38.78B | $29.11B | $9.67B | ZS | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | ZS REV | CTSH REV | ZS GROSS % | CTSH GROSS % | ZS FCF | CTSH FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.67B | $21.11B | 76.9% | — | $808.2M | $2.60B |
| FY 2024 | $2.17B | $19.74B | 78.0% | — | $635.3M | $1.83B |
| FY 2023 | $1.62B | $19.35B | — | — | $389.6M | $1.46B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
ZS // BETA 1.41
CTSH // BETA 1.16