COMP <GO>
TCOM vs CPAY // EV/EBITDA & P/E VALUATION
Trip.com Group Limited (NASDAQ) VS. Corpay Inc. (NYSE) • 15-METRIC TALLY: TCOM 7
— CPAY 5
▲ EV/EBITDA & P/E VALUATION LEADER: TCOM
LAST: $39.59 (+2.67%) • MKT CAP: $24.28B
valuation
8.6x
LAST: $400.94 (+0.75%) • MKT CAP: $26.13B
valuation
13.4x
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TCOM VS. CPAY)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TCOM | CPAY | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 80.60% | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 8.80% | 23.20% | -14.40 | CPAY | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 8.6x | 13.4x | -4.80 | TCOM | /valuation <GO> |
| Free Cash Flow Yield | 8.01% | 4.97% | +3.04 | TCOM | /fcf-yield <GO> |
| Operating Margin | 25.30% | 44.00% | -18.70 | CPAY | /operating-margins <GO> |
| Net Profit Margin | 53.40% | 23.60% | +29.80 | TCOM | /net-margins <GO> |
| Revenue Growth (YoY) | 22.20% | 13.90% | +8.30 | TCOM | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.84% | 0.00% | +0.84 | TCOM | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 2.05 | 2.19 | -0.14 | CPAY | /balance-sheet <GO> |
| Piotroski F-Score Quality | 8/9 | 7/9 | +1.00 | TCOM | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 42.9 | 47.2 | -4.30 | CPAY | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 1.11 | 1.11 | 0.00 | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 4.3x | 20.5x | -16.20 | TCOM | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $24.28B | $26.13B | -$1.85B | CPAY | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TCOM REV | CPAY REV | TCOM GROSS % | CPAY GROSS % | TCOM FCF | CPAY FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $8.93B | $4.53B | 80.6% | — | $1.95B | $1.30B |
| FY 2024 | $7.30B | $3.97B | 81.3% | — | $2.61B | $1.77B |
| FY 2023 | $6.27B | $3.76B | — | — | $2.82B | $1.93B |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TCOM // BETA 1.11
CPAY // BETA 1.11