` Comparison: ETM vs RIO - Alpha Spread

ETM
vs
RIO

Over the past 12 months, ETM has underperformed RIO, delivering a return of +17% compared to the RIO's +32% growth.

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ETM
RIO
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Valuation Comparison

ETM Intrinsic Value
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RIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Energy Transition Minerals Ltd
ASX:ETM
0.081 AUD
Rio Tinto PLC
LSE:RIO
6 406 GBX
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ETM, RIO

ETM
RIO
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Revenue
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Company LTM Historical Growth Growth Streak % Positive Years Max Drawdown Volatility Forecasted Growth
3 Years 5 Years 10 Years 1 Year 3 Years
Energy Transition Minerals Ltd
Revenue
Rio Tinto PLC
Revenue

All metrics are calculated based on data from the last 10 years.

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Profitability Comparison

Free Cash Flow
ETM, RIO

ETM
RIO
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Free Cash Flow
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Energy Transition Minerals Ltd
ASX:ETM
Rio Tinto PLC
LSE:RIO
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What is Free Cash Flow?

Gross Margin

ETM
0%
RIO
49.2%

Operating Margin

ETM
-711.8%
RIO
30.4%

Net Margin

ETM
-673.9%
RIO
17.3%

FCF Margin

ETM
-973.8%
RIO
7.8%

ROE

ETM
-25.3%
RIO
17.6%

ROA

ETM
-23.9%
RIO
8.9%

ROIC

ETM
-95.1%
RIO
11.9%

ROCE

ETM
-26.7%
RIO
17.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ETM, RIO

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Performance Gap
ETM, RIO

Performance Gap Between ETM and RIO
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Performance By Year
ETM, RIO

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ETM
RIO
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett