WallStSmart

Figure Technology Solutions, Inc. Class A Common Stock (FIGR)vsMorgan Stanley (MS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Morgan Stanley generates 14238% more annual revenue ($73.17B vs $510.35M). FIGR leads profitability with a 35.2% profit margin vs 24.7%. MS trades at a lower P/E of 19.7x. MS earns a higher WallStSmart Score of 71/100 (B).

FIGR

Strong Buy

67

out of 100

Grade: B-

Growth: 10.0Profit: 7.5Value: 4.7Quality: 7.0
Piotroski: 3/9Altman Z: 1.53

MS

Strong Buy

71

out of 100

Grade: B

Growth: 9.3Profit: 7.5Value: 4.3Quality: 4.0
Piotroski: 5/9Altman Z: 0.38

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

FIGR5 strengths · Avg: 9.4/10
Profit MarginProfitability
35.2%10/10

Keeps 35 of every $100 in revenue as profit

Revenue GrowthGrowth
119.2%10/10

Revenue surging 119.2% year-over-year

EPS GrowthGrowth
277.8%10/10

Earnings expanding 277.8% YoY

Debt/EquityHealth
0.189/10

Conservative balance sheet, low leverage

Operating MarginProfitability
24.9%8/10

Strong operational efficiency at 24.9%

MS5 strengths · Avg: 9.0/10
Market CapQuality
$343.82B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
40.6%10/10

Strong operational efficiency at 40.6%

Profit MarginProfitability
24.7%9/10

Keeps 25 of every $100 in revenue as profit

Revenue GrowthGrowth
16.3%8/10

16.3% revenue growth

EPS GrowthGrowth
31.9%8/10

Earnings expanding 31.9% YoY

Areas to Watch

FIGR4 concerns · Avg: 3.3/10
P/E RatioValuation
34.1x4/10

Premium valuation, high expectations priced in

Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Free Cash FlowQuality
$-44.25M2/10

Negative free cash flow — burning cash

MS4 concerns · Avg: 1.8/10
PEG RatioValuation
2.572/10

Expensive relative to growth rate

Free Cash FlowQuality
$-7.85B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.382/10

Distress zone — elevated risk

Debt/EquityHealth
3.451/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : FIGR

The strongest argument for FIGR centers on Profit Margin, Revenue Growth, EPS Growth. Profitability is solid with margins at 35.2% and operating margin at 24.9%. Revenue growth of 119.2% demonstrates continued momentum.

Bull Case : MS

The strongest argument for MS centers on Market Cap, Operating Margin, Profit Margin. Profitability is solid with margins at 24.7% and operating margin at 40.6%. Revenue growth of 16.3% demonstrates continued momentum.

Bear Case : FIGR

The primary concerns for FIGR are P/E Ratio, Altman Z-Score, Piotroski F-Score.

Bear Case : MS

The primary concerns for MS are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 3.45 is elevated, increasing financial risk.

Key Dynamics to Monitor

FIGR is growing revenue faster at 119.2% — sustainability is the question.

FIGR generates stronger free cash flow (-44M), providing more financial flexibility.

Monitor CAPITAL MARKETS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

MS scores higher overall (71/100 vs 67/100), backed by strong 24.7% margins and 16.3% revenue growth. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Figure Technology Solutions, Inc. Class A Common Stock

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Figure Technology Solutions, Inc. develops and operates a blockchain-based consumer lending platform. The company is headquartered in Reno, Nevada.

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Morgan Stanley

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.

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