` Comparison: ORG, IBE - Alpha Spread

ORG
vs
IBE

Over the past 12 months, ORG has underperformed IBE, delivering a return of +7% compared to the IBE's +36% growth.

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ORG
IBE
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Valuation Comparison

ORG Intrinsic Value
13.76 AUD
Undervaluation 18%
Intrinsic Value
Price
IBE Intrinsic Value
14.721 EUR
Overvaluation 18%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Origin Energy Ltd
ASX:ORG
11.33 AUD
Iberdrola SA
MAD:IBE
17.875 EUR
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Valuation Scenario:
Bear Case
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Bull Case

Growth Comparison

Growth Over Time
ORG, IBE

ORG
IBE
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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
Origin Energy Ltd
Revenue
Iberdrola SA
Revenue

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

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Profitability Comparison

Free Cash Flow
ORG, IBE

ORG
IBE
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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
Origin Energy Ltd
ASX:ORG
Iberdrola SA
MAD:IBE
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What is Free Cash Flow?

Gross Margin

ORG
19.7%
IBE
47.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

Operating Margin

ORG
6.8%
IBE
19.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

Net Margin

ORG
8.6%
IBE
12%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

FCF Margin

ORG
-5.7%
IBE
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

ROE

ORG
15.3%
IBE
9.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

ROA

ORG
7.2%
IBE
3.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

ROIC

ORG
6.5%
IBE
5%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

ROCE

ORG
7.5%
IBE
6.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Origin Energy Ltd
Iberdrola SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ORG, IBE

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Performance Gap
ORG, IBE

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ORG
IBE
Difference
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Performance By Year
ORG, IBE

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ORG
IBE
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