COMP <GO>
TW vs NMR // RETURN ON INVESTED CAPITAL (ROIC)
Tradeweb Markets Inc. (NASDAQ) VS. Nomura Holdings Inc ADR (NYSE) • 15-METRIC TALLY: TW 9
— NMR 2
▲ RETURN ON INVESTED CAPITAL (ROIC) LEADER: TW
LAST: $122.54 (+3.08%) • MKT CAP: $28.45B
roic
13.60%
LAST: $9.38 (-0.95%) • MKT CAP: $27.21B
roic
9.90%
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (TW VS. NMR)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | TW | NMR | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) ACTIVE | 13.60% | 9.90% | +3.70 | TW | /roic <GO> |
| EV/EBITDA & P/E Valuation | 30.1x | 21.0x | +9.10 | NMR | /valuation <GO> |
| Free Cash Flow Yield | 4.05% | 2.21% | +1.84 | TW | /fcf-yield <GO> |
| Operating Margin | 40.70% | 13.90% | +26.80 | TW | /operating-margins <GO> |
| Net Profit Margin | 39.60% | 10.90% | +28.70 | TW | /net-margins <GO> |
| Revenue Growth (YoY) | 18.90% | 0.00% | +18.90 | TW | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | — | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 9/9 | 7/9 | +2.00 | TW | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 66.3 | 47.4 | +18.90 | TW | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.99 | 1.15 | -0.16 | NMR | /macro-sensitivity <GO> |
| Forward P/E Multiple | 28.7x | 30.5x | -1.80 | TW | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $28.45B | $27.21B | $1.23B | TW | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | TW REV | NMR REV | TW GROSS % | NMR GROSS % | TW FCF | NMR FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.05B | — | — | — | $1.13B | — |
| FY 2024 | $1.73B | — | — | — | $856.8M | — |
| FY 2023 | $1.34B | — | — | — | $685.9M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
TW // BETA 0.99
NMR // BETA 1.15