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HCMA vs GS

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
HCMA
HCM Acquisition Corp

Shell Companies

Financial ServicesNASDAQ • US
Market Cap$260M
5Y Perf.+2.9%
GS
The Goldman Sachs Group, Inc.

Financial - Capital Markets

Financial ServicesNYSE • US
Market Cap$337.53B
5Y Perf.+221.9%

HCMA vs GS — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
HCMA logoHCMA
GS logoGS
IndustryShell CompaniesFinancial - Capital Markets
Market Cap$260M$337.53B
Revenue (TTM)$0.00$125.10B
Net Income (TTM)$5M$17.18B
Gross Margin47.5%
Operating Margin17.5%
Forward P/E0.0x17.9x
Total Debt$0.00$609.53B
Cash & Equiv.$792K$164.26B

HCMA vs GSLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

HCMA
GS
StockMar 22Jun 26Return
HCM Acquisition Corp (HCMA)100102.9+2.9%
The Goldman Sachs G… (GS)100321.9+221.9%

Price return only. Dividends and distributions are not included.

Quick Verdict: HCMA vs GS

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: HCMA and GS are tied at the top with 3 categories each — the right choice depends on your priorities. The Goldman Sachs Group, Inc. is the stronger pick specifically for profitability and margin quality and dividend income and shareholder returns. As sector peers, any of these can serve as alternatives in the same allocation.
HCMA
HCM Acquisition Corp
The Banking Pick

HCMA carries the broadest edge in this set and is the clearest fit for income & stability and sleep-well-at-night.

  • beta 0.04
  • Lower volatility, beta 0.04, current ratio 0.76x
  • Beta 0.04, current ratio 0.76x
Best for: income & stability and sleep-well-at-night
GS
The Goldman Sachs Group, Inc.
The Banking Pick

GS is the clearest fit if your priority is long-term compounding.

  • 6.7% 10Y total return vs HCMA's 3.5%
  • 13.7% margin vs HCMA's 1.4%
  • 1.6% yield; 14-year raise streak; the other pay no meaningful dividend
Best for: long-term compounding
See the full category breakdown
CategoryWinnerWhy
ValueHCMA logoHCMALower P/E (0.0x vs 17.9x)
Quality / MarginsGS logoGS13.7% margin vs HCMA's 1.4%
Stability / SafetyHCMA logoHCMABeta 0.04 vs GS's 1.60
DividendsGS logoGS1.6% yield; 14-year raise streak; the other pay no meaningful dividend
Momentum (1Y)GS logoGS+72.7% vs HCMA's +1.9%
Efficiency (ROA)HCMA logoHCMA3.0% ROA vs GS's 1.0%, ROIC -1.0% vs 2.2%

HCMA vs GS — Revenue Breakdown by Segment

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

HCMAHCM Acquisition Corp

Segment breakdown not available.

GSThe Goldman Sachs Group, Inc.
FY 2025
Global Markets
71.1%$41.5B
Investment Management
28.6%$16.7B
Platform Solutions
0.3%$151M

HCMA vs GS — Financial Metrics

Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLGSLAGGINGHCMA

Income & Cash Flow (Last 12 Months)

GS leads this category, winning 1 of 1 comparable metric.

GS and HCMA operate at a comparable scale, with $125.1B and $0 in trailing revenue.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
RevenueTrailing 12 months$0$125.1B
EBITDAEarnings before interest/tax-$6M$24.0B
Net IncomeAfter-tax profit$5M$17.2B
Free Cash FlowCash after capex-$1M-$47.2B
Gross MarginGross profit ÷ Revenue+47.5%
Operating MarginEBIT ÷ Revenue+17.5%
Net MarginNet income ÷ Revenue+13.7%
FCF MarginFCF ÷ Revenue-37.7%
Rev. Growth (YoY)Latest quarter vs prior year
EPS Growth (YoY)Latest quarter vs prior year-171.4%+45.8%
GS leads this category, winning 1 of 1 comparable metric.

Valuation Metrics

HCMA leads this category, winning 2 of 2 comparable metrics.

At 0.0x trailing earnings, HCMA trades at a 100% valuation discount to GS's 20.7x P/E.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
Market CapShares × price$260M$337.5B
Enterprise ValueMkt cap + debt − cash$259M$782.8B
Trailing P/EPrice ÷ TTM EPS0.02x20.71x
Forward P/EPrice ÷ next-FY EPS est.17.93x
PEG RatioP/E ÷ EPS growth rate1.32x
EV / EBITDAEnterprise value multiple32.57x
Price / SalesMarket cap ÷ Revenue2.70x
Price / BookPrice ÷ Book value/share0.98x2.70x
Price / FCFMarket cap ÷ FCF
HCMA leads this category, winning 2 of 2 comparable metrics.

Profitability & Efficiency

GS leads this category, winning 4 of 7 comparable metrics.

GS delivers a 13.6% return on equity — every $100 of shareholder capital generates $14 in annual profit, vs $3 for HCMA. On the Piotroski fundamental quality scale (0–9), GS scores 5/9 vs HCMA's 4/9, reflecting solid financial health.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
ROE (TTM)Return on equity+3.1%+13.6%
ROA (TTM)Return on assets+3.0%+1.0%
ROICReturn on invested capital-1.0%+2.2%
ROCEReturn on capital employed-1.3%+4.0%
Piotroski ScoreFundamental quality 0–945
Debt / EquityFinancial leverage4.88x
Net DebtTotal debt minus cash-$792,423$445.3B
Cash & Equiv.Liquid assets$792,423$164.3B
Total DebtShort + long-term debt$0$609.5B
Interest CoverageEBIT ÷ Interest expense0.33x
GS leads this category, winning 4 of 7 comparable metrics.

Total Returns (Dividends Reinvested)

GS leads this category, winning 6 of 6 comparable metrics.

A $10,000 investment in GS five years ago would be worth $30,053 today (with dividends reinvested), compared to $10,353 for HCMA. Over the past 12 months, GS leads with a +72.7% total return vs HCMA's +1.9%. The 3-year compound annual growth rate (CAGR) favors GS at 48.1% vs HCMA's -1.8% — a key indicator of consistent wealth creation.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
YTD ReturnYear-to-date+1.9%+17.2%
1-Year ReturnPast 12 months+1.9%+72.7%
3-Year ReturnCumulative with dividends-5.4%+224.8%
5-Year ReturnCumulative with dividends+3.5%+200.5%
10-Year ReturnCumulative with dividends+3.5%+666.8%
CAGR (3Y)Annualised 3-year return-1.8%+48.1%
GS leads this category, winning 6 of 6 comparable metrics.

Risk & Volatility

HCMA leads this category, winning 2 of 2 comparable metrics.

HCMA is the less volatile stock with a 0.04 beta — it tends to amplify market swings less than GS's 1.60 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
Beta (5Y)Sensitivity to S&P 5000.04x1.60x
52-Week HighHighest price in past year$10.49$1095.89
52-Week LowLowest price in past year$10.03$609.59
% of 52W HighCurrent price vs 52-week peak+97.8%+97.0%
RSI (14)Momentum oscillator 0–10065.657.3
Avg Volume (50D)Average daily shares traded42K1.9M
HCMA leads this category, winning 2 of 2 comparable metrics.

Analyst Outlook

Insufficient data to determine a leader in this category.

GS is the only dividend payer here at 1.56% yield — a key consideration for income-focused portfolios.

MetricHCMA logoHCMAHCM Acquisition C…GS logoGSThe Goldman Sachs…
Analyst RatingConsensus buy/hold/sellHold
Price TargetConsensus 12-month target$972.70
# AnalystsCovering analysts55
Dividend YieldAnnual dividend ÷ price+1.6%
Dividend StreakConsecutive years of raises14
Dividend / ShareAnnual DPS$16.62
Buyback YieldShare repurchases ÷ mkt cap0.0%+3.7%
Insufficient data to determine a leader in this category.
Key Takeaway

GS leads in 3 of 6 categories (Income & Cash Flow, Profitability & Efficiency). HCMA leads in 2 (Valuation Metrics, Risk & Volatility).

Best OverallThe Goldman Sachs Group, In… (GS)Leads 3 of 6 categories
Loading custom metrics...

HCMA vs GS: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is HCMA or GS a better buy right now?

HCM Acquisition Corp (HCMA) offers the better valuation at 0.

0x trailing P/E, making it the more compelling value choice. Analysts rate The Goldman Sachs Group, Inc. (GS) a "Hold" — based on 55 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 — HCMA or GS?

On trailing P/E, HCM Acquisition Corp (HCMA) is the cheapest at 0.

0x versus The Goldman Sachs Group, Inc. at 20. 7x.

03

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

Over the past 5 years, The Goldman Sachs Group, Inc.

(GS) delivered a total return of +200. 5%, compared to +3. 5% for HCM Acquisition Corp (HCMA). Over 10 years, the gap is even starker: GS returned +666. 8% versus HCMA's +3. 5%. 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 — HCMA or GS?

By beta (market sensitivity over 5 years), HCM Acquisition Corp (HCMA) is the lower-risk stock at 0.

04β versus The Goldman Sachs Group, Inc. 's 1. 60β — meaning GS is approximately 4101% more volatile than HCMA relative to the S&P 500.

05

Which has better profit margins — HCMA or GS?

The Goldman Sachs Group, Inc.

(GS) is the more profitable company, earning 13. 7% net margin versus 0. 0% for HCM Acquisition Corp — meaning it keeps 13. 7% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: GS leads at 17. 5% versus 0. 0% for HCMA. At the gross margin level — before operating expenses — GS leads at 47. 5%, 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

Which pays a better dividend — HCMA or GS?

In this comparison, GS (1.

6% yield) pays a dividend. HCMA does not pay a meaningful dividend and should not be held primarily for income.

07

Is HCMA or GS better for a retirement portfolio?

For long-horizon retirement investors, HCM Acquisition Corp (HCMA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.

04)). The Goldman Sachs Group, Inc. (GS) carries a higher beta of 1. 60 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (HCMA: +3. 5%, GS: +666. 8%), 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.

08

What are the main differences between HCMA and GS?

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: HCMA is a small-cap deep-value stock; GS is a large-cap quality compounder stock. GS pays a dividend while HCMA 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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