` Comparison: NOR vs APP - Alpha Spread

NOR
vs
APP

Over the past 12 months, NOR has underperformed APP, delivering a return of -54% compared to the APP's +53% growth.

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NOR
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Valuation Comparison

NOR Intrinsic Value
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APP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Norwood Systems Ltd
ASX:NOR
0.013 AUD
Applovin Corp
NASDAQ:APP
524.41 USD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
NOR, APP

NOR
APP
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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
Norwood Systems Ltd
Revenue
Applovin Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
NOR, APP

NOR
APP
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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
Norwood Systems Ltd
ASX:NOR
Applovin Corp
NASDAQ:APP
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What is Free Cash Flow?

Gross Margin

NOR
0%
APP
83.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

Operating Margin

NOR
-19.9%
APP
59.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

Net Margin

NOR
-31.5%
APP
51.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

FCF Margin

NOR
71.2%
APP
61.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

ROE

NOR
60.8%
APP
234.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

ROA

NOR
-61.3%
APP
48%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

ROIC

NOR
-341.1%
APP
70.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

ROCE

NOR
40.4%
APP
66.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Norwood Systems Ltd
Applovin Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NOR, APP

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APP
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Performance Gap
NOR, APP

Performance Gap Between NOR and APP
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Performance By Year
NOR, APP

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APP
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