WallStSmart

RLX Technology Inc (RLX)vsTurning Point Brands Inc (TPB)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

RLX Technology Inc generates 787% more annual revenue ($4.50B vs $507.23M). RLX leads profitability with a 21.9% profit margin vs 8.8%. RLX trades at a lower P/E of 16.0x. RLX earns a higher WallStSmart Score of 58/100 (C).

RLX

Buy

58

out of 100

Grade: C

Growth: 4.7Profit: 5.5Value: 6.0Quality: 9.0
Piotroski: 5/9Altman Z: 5.62

TPB

Buy

54

out of 100

Grade: C-

Growth: 6.0Profit: 6.0Value: 6.3Quality: 7.5
Piotroski: 4/9Altman Z: 2.55

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

RLX6 strengths · Avg: 9.2/10
Price/BookValuation
0.9x10/10

Reasonable price relative to book value

Debt/EquityHealth
0.0210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
5.6210/10

Safe zone — low bankruptcy risk

Profit MarginProfitability
21.9%9/10

Keeps 22 of every $100 in revenue as profit

P/E RatioValuation
16.0x8/10

Attractively priced relative to earnings

Revenue GrowthGrowth
15.5%8/10

15.5% revenue growth

TPB3 strengths · Avg: 9.0/10
PEG RatioValuation
0.0510/10

Growing faster than its price suggests

Return on EquityProfitability
22.5%9/10

Every $100 of equity generates 23 in profit

Revenue GrowthGrowth
22.6%8/10

Revenue surging 22.6% year-over-year

Areas to Watch

RLX3 concerns · Avg: 3.0/10
EPS GrowthGrowth
0.6%4/10

0.6% earnings growth

Return on EquityProfitability
6.2%3/10

ROE of 6.2% — below average capital efficiency

Free Cash FlowQuality
$-63.23M2/10

Negative free cash flow — burning cash

TPB4 concerns · Avg: 3.0/10
P/E RatioValuation
32.4x4/10

Premium valuation, high expectations priced in

Market CapQuality
$1.47B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
4.2%3/10

Operating margin of 4.2%

EPS GrowthGrowth
-77.2%2/10

Earnings declined 77.2%

Comparative Analysis Report

WallStSmart Research

Bull Case : RLX

The strongest argument for RLX centers on Price/Book, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 21.9% and operating margin at 14.2%. Revenue growth of 15.5% demonstrates continued momentum.

Bull Case : TPB

The strongest argument for TPB centers on PEG Ratio, Return on Equity, Revenue Growth. Revenue growth of 22.6% demonstrates continued momentum. PEG of 0.05 suggests the stock is reasonably priced for its growth.

Bear Case : RLX

The primary concerns for RLX are EPS Growth, Return on Equity, Free Cash Flow.

Bear Case : TPB

The primary concerns for TPB are P/E Ratio, Market Cap, Operating Margin.

Key Dynamics to Monitor

RLX carries more volatility with a beta of 1.15 — expect wider price swings.

TPB is growing revenue faster at 22.6% — sustainability is the question.

TPB generates stronger free cash flow (26M), providing more financial flexibility.

Monitor TOBACCO industry trends, competitive dynamics, and regulatory changes.

Bottom Line

RLX scores higher overall (58/100 vs 54/100), backed by strong 21.9% margins and 15.5% revenue growth. Both earn "Buy" and "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.

RLX Technology Inc

CONSUMER DEFENSIVE · TOBACCO · China

RLX Technology Inc., researches, develops, manufactures, distributes and sells e-vapor products in the People's Republic of China. The company is headquartered in Beijing, China.

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Turning Point Brands Inc

CONSUMER DEFENSIVE · TOBACCO · USA

Turning Point Brands, Inc. manufactures, markets and distributes branded consumer products. The company is headquartered in Louisville, Kentucky.

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