Comprehensive Stock Comparison

Compare American Bitcoin Corp (ABTC) vs The Goldman Sachs Group, Inc. (GS) vs Morgan Stanley (MS) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthGS17.0% revenue growth vs ABTC's 10.1%
ValueGSLower P/E (14.7x vs 14.8x), PEG 1.05 vs 1.66
Quality / MarginsABTC6.0% net margin vs GS's 11.3%
Stability / SafetyMSBeta 1.35 vs ABTC's 2.15
DividendsGS1.6% yield, 12-year raise streak, vs MS's 2.3%
Momentum (1Y)GS+40.4% vs ABTC's -26.6%
Efficiency (ROA)MS1.2% ROA vs ABTC's -8.8%, ROIC 2.9% vs 47.2%
Bottom line: GS leads in 4 of 7 categories, making it the stronger pick for investors who prioritize growth and revenue expansion and valuation and capital efficiency. Morgan Stanley is the better choice for capital preservation and lower volatility and operational efficiency and capital deployment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Valuation efficiency (growth/$)

Defensive / Recession hedge

Business Model

What each company does and how it makes money

ABTCAmerican Bitcoin Corp
Financial Services

American Bitcoin Corp is a Bitcoin accumulation company that operates large-scale mining facilities while also strategically purchasing Bitcoin on the open market. It generates revenue primarily from Bitcoin mining rewards—which account for the majority of its income—supplemented by opportunistic trading gains from its strategic Bitcoin purchases. The company's competitive advantage lies in its dual accumulation strategy that combines low-cost mining operations with market-timing purchases, allowing it to maximize Bitcoin holdings per share.

GSThe Goldman Sachs Group, Inc.
Financial Services

Goldman Sachs is a global investment bank and financial services firm that provides investment banking, securities, and investment management services to corporations, governments, and high-net-worth individuals. It generates revenue primarily through investment banking fees (20-25%), trading and market-making in its Global Markets segment (40-45%), and asset management fees from its wealth and investment management divisions (30-35%). The firm's key competitive advantage lies in its elite brand reputation, deep client relationships with the world's largest corporations and governments, and its sophisticated risk management capabilities honed over decades.

MSMorgan Stanley
Financial Services

Morgan Stanley is a global investment bank and wealth management firm that provides financial services to institutions, corporations, and individuals. It generates revenue primarily through investment banking fees (~30%), wealth management fees (~40%), and trading & sales activities (~25%), with the remainder from investment management. The company's competitive advantage lies in its elite brand reputation, global institutional relationships, and integrated platform that connects investment banking with wealth management.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ABTCAmerican Bitcoin Corp

Segment breakdown not available.

GSThe Goldman Sachs Group, Inc.
FY 2024
Global Markets
65.3%$34.9B
Investment Management
30.2%$16.1B
Platform Solutions
4.5%$2.4B
MSMorgan Stanley
FY 2024
Wealth Management Segment
45.6%$28.4B
Institutional Securities Segment
45.0%$28.1B
Investment Management Segment
9.4%$5.9B

Financial Metrics Comparison

Side-by-side fundamentals across 3 stocks. BestLagging

Financial Scorecard

ABTC 1GS 1MS 1
Financial MetricsMS3/5 metrics
Valuation MetricsTie3/6 metrics
Profitability & EfficiencyABTC6/9 metrics
Total ReturnsGS5/6 metrics
Risk & VolatilityTie1/2 metrics
Analyst OutlookTie1/2 metrics

MS leads in 1 of 6 categories (Financial Metrics). ABTC leads in 1 (Profitability & Efficiency). 3 tied.

Financial Metrics (TTM)

GS is the larger business by revenue, generating $126.9B annually — 1773.3x ABTC's $72M. Profitability is closely matched — net margins range from 6.0% (ABTC) to 11.3% (GS).

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
RevenueTrailing 12 months$72M$126.9B$103.1B
EBITDAEarnings before interest/tax-$111M$23.4B$26.3B
Net IncomeAfter-tax profit-$102M$16.7B$16.2B
Free Cash FlowCash after capex-$85M$15.8B-$6.7B
Gross MarginGross profit ÷ Revenue+44.8%+41.1%+55.6%
Operating MarginEBIT ÷ Revenue+6.8%+14.5%+17.1%
Net MarginNet income ÷ Revenue+6.0%+11.3%+13.0%
FCF MarginFCF ÷ Revenue-125.4%-12.1%-2.0%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year+45.8%+48.9%
MS leads this category, winning 3 of 5 comparable metrics.

Valuation Metrics

At 2.2x trailing earnings, ABTC trades at a 90% valuation discount to GS's 21.2x P/E. Adjusting for growth (PEG ratio), GS offers better value at 1.51x vs MS's 2.35x — a lower PEG means you pay less per unit of expected earnings growth.

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
Market CapShares × price$199M$267.0B$264.9B
Enterprise ValueMkt cap + debt − cash$205M$701.9B$549.6B
Trailing P/EPrice ÷ TTM EPS2.17x21.20x20.94x
Forward P/EPrice ÷ next-FY EPS est.68.00x14.73x14.79x
PEG RatioP/E ÷ EPS growth rate1.51x2.35x
EV / EBITDAEnterprise value multiple0.40x33.76x24.15x
Price / SalesMarket cap ÷ Revenue2.79x2.10x2.57x
Price / BookPrice ÷ Book value/share0.91x2.35x2.54x
Price / FCFMarket cap ÷ FCF
Evenly matched — ABTC and GS each lead in 3 of 6 comparable metrics.

Profitability & Efficiency

MS delivers a 14.6% return on equity — every $100 of shareholder capital generates $15 in annual profit, vs $-18 for ABTC. ABTC carries lower financial leverage with a 0.01x debt-to-equity ratio, signaling a more conservative balance sheet compared to GS's 5.06x. On the Piotroski fundamental quality scale (0–9), ABTC scores 5/9 vs GS's 4/9, reflecting solid financial health.

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
ROE (TTM)Return on equity-17.7%+12.6%+14.6%
ROA (TTM)Return on assets-8.8%+0.9%+1.2%
ROICReturn on invested capital+47.2%+1.9%+2.9%
ROCEReturn on capital employed+61.6%+3.6%+3.8%
Piotroski ScoreFundamental quality 0–9545
Debt / EquityFinancial leverage0.01x5.06x3.42x
Net DebtTotal debt minus cash$5M$434.8B$284.7B
Cash & Equiv.Liquid assets$0$182.1B$75.7B
Total DebtShort + long-term debt$6M$616.9B$360.5B
Interest CoverageEBIT ÷ Interest expense-6641.25x0.31x0.44x
ABTC leads this category, winning 6 of 9 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in GS five years ago would be worth $27,615 today (with dividends reinvested), compared to $1 for ABTC. Over the past 12 months, GS leads with a +40.4% total return vs ABTC's -26.6%. The 3-year compound annual growth rate (CAGR) favors GS at 36.6% vs ABTC's -77.6% — a key indicator of consistent wealth creation.

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
YTD ReturnYear-to-date-42.7%-6.0%-7.9%
1-Year ReturnPast 12 months-26.6%+40.4%+28.0%
3-Year ReturnCumulative with dividends-98.9%+154.7%+83.8%
5-Year ReturnCumulative with dividends-100.0%+176.1%+131.0%
10-Year ReturnCumulative with dividends-100.0%+521.2%+662.8%
CAGR (3Y)Annualised 3-year return-77.6%+36.6%+22.5%
GS leads this category, winning 5 of 6 comparable metrics.

Risk & Volatility

MS is the less volatile stock with a 1.35 beta — it tends to amplify market swings less than ABTC's 2.15 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. GS currently trades 87.3% from its 52-week high vs ABTC's 7.0% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
Beta (5Y)Sensitivity to S&P 5002.15x1.36x1.35x
52-Week HighHighest price in past year$14.65$984.70$192.68
52-Week LowLowest price in past year$0.63$439.38$94.33
% of 52W HighCurrent price vs 52-week peak+7.0%+87.3%+86.4%
RSI (14)Momentum oscillator 0–10033.352.251.2
Avg Volume (50D)Average daily shares traded10.2M2.0M5.8M
Evenly matched — GS and MS each lead in 1 of 2 comparable metrics.

Analyst Outlook

Analyst consensus: GS as "Hold", MS as "Buy". Consensus price targets imply 292.2% upside for ABTC (target: $4) vs 8.6% for GS (target: $934). For income investors, MS offers the higher dividend yield at 2.29% vs GS's 1.57%.

MetricABTCAmerican Bitcoin …GSThe Goldman Sachs…MSMorgan Stanley
Analyst RatingConsensus buy/hold/sellHoldBuy
Price TargetConsensus 12-month target$4.00$933.67$196.00
# AnalystsCovering analysts5450
Dividend YieldAnnual dividend ÷ price+1.6%+2.3%
Dividend StreakConsecutive years of raises1211
Dividend / ShareAnnual DPS$13.48$3.81
Buyback YieldShare repurchases ÷ mkt cap0.0%+3.8%+1.6%
Evenly matched — GS and MS each lead in 1 of 2 comparable metrics.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockMar 20Feb 26Change
American Bitcoin Co… (ABTC)1000.01-100.0%
The Goldman Sachs G… (GS)100465.19+365.2%
Morgan Stanley (MS)100416.89+316.9%

The Goldman Sachs G… (GS) returned +176% over 5 years vs American Bitcoin Co… (ABTC)'s -100%. A $10,000 investment in GS 5 years ago would be worth $27,615 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20152024Change
American Bitcoin Co… (ABTC)$16M$72M+357.1%
The Goldman Sachs G… (GS)$39.2B$126.9B+223.8%
Morgan Stanley (MS)$36.0B$103.1B+186.5%

The Goldman Sachs Group, Inc.'s revenue grew from $39.2B (2015) to $126.9B (2024) — a 13.9% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20152024Change
American Bitcoin Co… (ABTC)-2.2%6.0%+376.7%
The Goldman Sachs G… (GS)15.5%11.3%-27.5%
Morgan Stanley (MS)17.0%13.0%-23.7%

The Goldman Sachs Group, Inc.'s net margin went from 16% (2015) to 11% (2024).

Chart 4P/E Ratio History — 8 Years

Stock20172024Change
The Goldman Sachs G… (GS)28.314.1-50.2%
Morgan Stanley (MS)1715.8-7.1%

The Goldman Sachs Group, Inc. has traded in a 6x–28x P/E range over 8 years; current trailing P/E is ~21x. Morgan Stanley has traded in a 8x–18x P/E range over 8 years; current trailing P/E is ~21x.

Chart 5EPS Growth — 10 Years

Stock20152024Change
American Bitcoin Co… (ABTC)-4,226.740.47+100.0%
The Goldman Sachs G… (GS)12.1440.54+233.9%
Morgan Stanley (MS)2.917.95+173.2%

The Goldman Sachs Group, Inc.'s EPS grew from $12.14 (2015) to $40.54 (2024) — a 14% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$-8M
$2B
$32B
2022
$-120M
$5B
$-9B
2023
$-57M
$-15B
$-37B
2024
$-90M
$-15B
$-2B
American Bitcoin Co… (ABTC)The Goldman Sachs G… (GS)Morgan Stanley (MS)

American Bitcoin Corp generated $-90M FCF in 2024 (-993% vs 2021). The Goldman Sachs Group, Inc. generated $-15B FCF in 2024 (-1038% vs 2021).

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ABTC vs GS vs MS: Key Questions Answered

9 questions · data-driven answers · updated daily

01

Is ABTC or GS or MS a better buy right now?

American Bitcoin Corp (ABTC) offers the better valuation at 2.2x trailing P/E (68.0x forward), making it the more compelling value choice. Analysts rate Morgan Stanley (MS) a "Buy" — based on 50 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — ABTC or GS or MS?

On trailing P/E, American Bitcoin Corp (ABTC) is the cheapest at 2.2x versus The Goldman Sachs Group, Inc. at 21.2x. On forward P/E, The Goldman Sachs Group, Inc. is actually cheaper at 14.7x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: The Goldman Sachs Group, Inc. wins at 1.05x versus Morgan Stanley's 1.66x — a reasonable growth-adjusted valuation.

03

Which is the better long-term investment — ABTC or GS or MS?

Over the past 5 years, The Goldman Sachs Group, Inc. (GS) delivered a total return of +176.1%, compared to -100.0% for American Bitcoin Corp (ABTC). A $10,000 investment in GS five years ago would be worth approximately $28K today (assuming dividends reinvested). Over 10 years, the gap is even starker: MS returned +662.8% versus ABTC's -100.0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — ABTC or GS or MS?

By beta (market sensitivity over 5 years), Morgan Stanley (MS) is the lower-risk stock at 1.35β versus American Bitcoin Corp's 2.15β — meaning ABTC is approximately 59% more volatile than MS relative to the S&P 500. On balance sheet safety, American Bitcoin Corp (ABTC) carries a lower debt/equity ratio of 1% versus 5% for The Goldman Sachs Group, Inc. — giving it more financial flexibility in a downturn.

05

Which has better profit margins — ABTC or GS or MS?

American Bitcoin Corp (ABTC) is the more profitable company, earning 599.6% net margin versus 11.3% for The Goldman Sachs Group, Inc. — meaning it keeps 599.6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ABTC leads at 676.7% versus 14.5% for GS. At the gross margin level — before operating expenses — MS leads at 55.6%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

06

Is ABTC or GS or MS more undervalued right now?

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential. By this metric, The Goldman Sachs Group, Inc. (GS) is the more undervalued stock at a PEG of 1.05x versus Morgan Stanley's 1.66x. A PEG below 1.5 suggests fair-to-attractive pricing relative to expected growth. On forward earnings alone, The Goldman Sachs Group, Inc. (GS) trades at 14.7x forward P/E versus 68.0x for American Bitcoin Corp — 53.3x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ABTC: 292.2% to $4.00.

07

Which pays a better dividend — ABTC or GS or MS?

In this comparison, MS (2.3% yield), GS (1.6% yield) pay a dividend. ABTC does not pay a meaningful dividend and should not be held primarily for income.

08

Is ABTC or GS or MS better for a retirement portfolio?

For long-horizon retirement investors, Morgan Stanley (MS) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (2.3% yield, +662.8% 10Y return). American Bitcoin Corp (ABTC) carries a higher beta of 2.15 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (MS: +662.8%, ABTC: -100.0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

09

What are the main differences between ABTC and GS and MS?

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. In terms of investment character: ABTC is a small-cap deep-value stock; GS is a large-cap quality compounder stock; MS is a large-cap quality compounder stock. GS, MS pay a dividend while ABTC does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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Net Margin>
%
(ABTC: 599.6% · GS: 11.3%)
P/E Ratio<
x
(ABTC: 2.2x · GS: 21.2x)