` Comparison: MCP, EL - Alpha Spread

MCP
vs
EL

Over the past 12 months, MCP has underperformed EL, delivering a return of -26% compared to the EL's +45% growth.

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MCP
EL
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Valuation Comparison

MCP Intrinsic Value
1.019 AUD
Undervaluation 78%
Intrinsic Value
Price
EL Intrinsic Value
83.35 USD
Overvaluation 23%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
McPherson's Ltd
ASX:MCP
0.225 AUD
Estee Lauder Companies Inc
NYSE:EL
108.08 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
MCP, EL

Revenue
www.alphaspread.com
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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
McPherson's Ltd
Revenue
Estee Lauder Companies Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
MCP, EL

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
McPherson's Ltd
ASX:MCP
Estee Lauder Companies Inc
NYSE:EL
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What is Free Cash Flow?

Gross Margin

MCP
57.9%
EL
74.2%

Operating Margin

MCP
-5%
EL
8.7%

Net Margin

MCP
-10.8%
EL
-6.4%

FCF Margin

MCP
-1%
EL
7.2%

ROE

MCP
-18.5%
EL
-20.7%

ROA

MCP
-11.4%
EL
-4.6%

ROIC

MCP
-5.4%
EL
9.3%

ROCE

MCP
-7.7%
EL
8.4%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
MCP, EL

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Performance Gap
MCP, EL

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MCP
EL
Difference
www.alphaspread.com

Performance By Year
MCP, EL

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