WallStSmart

Galaxy Digital Holdings Ltd (GLXY)vsMorgan Stanley (MS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Morgan Stanley generates 33% more annual revenue ($77.83B vs $58.37B). MS leads profitability with a 25.9% profit margin vs -0.4%. MS earns a higher WallStSmart Score of 75/100 (B).

GLXY

Hold

44

out of 100

Grade: D

Growth: 3.0Profit: 6.0Value: 5.0Quality: 6.0
Piotroski: 2/9Altman Z: 6.17

MS

Strong Buy

75

out of 100

Grade: B

Growth: 9.3Profit: 8.0Value: 5.7Quality: 3.5
Piotroski: 5/9Altman Z: 0.38

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GLXY3 strengths · Avg: 9.3/10
Operating MarginProfitability
96.2%10/10

Strong operational efficiency at 96.2%

Altman Z-ScoreHealth
6.1710/10

Safe zone — low bankruptcy risk

Price/BookValuation
2.6x8/10

Reasonable price relative to book value

MS6 strengths · Avg: 9.2/10
Market CapQuality
$336.70B10/10

Mega-cap, among the largest globally

Operating MarginProfitability
41.6%10/10

Strong operational efficiency at 41.6%

EPS GrowthGrowth
62.4%10/10

Earnings expanding 62.4% YoY

Profit MarginProfitability
25.9%9/10

Keeps 26 of every $100 in revenue as profit

P/E RatioValuation
17.3x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
28.0%8/10

Revenue surging 28.0% year-over-year

Areas to Watch

GLXY4 concerns · Avg: 2.5/10
Debt/EquityHealth
1.793/10

Elevated debt levels

Piotroski F-ScoreQuality
2/93/10

Weak financial health signals

Return on EquityProfitability
-5.5%2/10

ROE of -5.5% — below average capital efficiency

Revenue GrowthGrowth
-3.8%2/10

Revenue declined 3.8%

MS4 concerns · Avg: 2.3/10
PEG RatioValuation
1.874/10

Expensive relative to growth rate

Free Cash FlowQuality
$-3.57B2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.382/10

Distress zone — elevated risk

Debt/EquityHealth
4.751/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : GLXY

The strongest argument for GLXY centers on Operating Margin, Altman Z-Score, Price/Book.

Bull Case : MS

The strongest argument for MS centers on Market Cap, Operating Margin, EPS Growth. Profitability is solid with margins at 25.9% and operating margin at 41.6%. Revenue growth of 28.0% demonstrates continued momentum.

Bear Case : GLXY

The primary concerns for GLXY are Debt/Equity, Piotroski F-Score, Return on Equity. Debt-to-equity of 1.79 is elevated, increasing financial risk.

Bear Case : MS

The primary concerns for MS are PEG Ratio, Free Cash Flow, Altman Z-Score. Debt-to-equity of 4.75 is elevated, increasing financial risk.

Key Dynamics to Monitor

GLXY profiles as a turnaround stock while MS is a growth play — different risk/reward profiles.

GLXY carries more volatility with a beta of 3.68 — expect wider price swings.

MS is growing revenue faster at 28.0% — sustainability is the question.

GLXY generates stronger free cash flow (68M), providing more financial flexibility.

Bottom Line

MS scores higher overall (75/100 vs 44/100), backed by strong 25.9% margins and 28.0% revenue growth. Both earn "Strong Buy" and "Hold" ratings respectively — the choice depends on your investment horizon and risk tolerance.

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

Galaxy Digital Holdings Ltd

FINANCIAL SERVICES · CAPITAL MARKETS · USA

Galaxy Digital Inc. engages in the digital asset and data center infrastructure businesses. The company is headquartered in New York, New York with offices across North America, Europe, the Middle East and Asia.

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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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