` Comparison: PAN vs RIO - Alpha Spread

PAN
vs
RIO

Over the past 12 months, PAN has underperformed RIO, delivering a return of 0% compared to the RIO's +70% growth.

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PAN
RIO
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Valuation Comparison

PAN Intrinsic Value
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RIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Panoramic Resources Ltd
ASX:PAN
0.035 AUD
Rio Tinto PLC
LSE:RIO
7 302 GBX
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PAN, RIO

PAN
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
Panoramic Resources 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
PAN, RIO

PAN
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
Panoramic Resources Ltd
ASX:PAN
Rio Tinto PLC
LSE:RIO
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What is Free Cash Flow?

Gross Margin

PAN
-5.8%
RIO
49.2%

Operating Margin

PAN
-10.7%
RIO
30.4%

Net Margin

PAN
-17%
RIO
17.3%

FCF Margin

PAN
5%
RIO
7.8%

ROE

PAN
-21.1%
RIO
17.6%

ROA

PAN
-11.5%
RIO
8.9%

ROIC

PAN
-8%
RIO
11.9%

ROCE

PAN
-9.2%
RIO
17.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PAN, RIO

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Performance Gap
PAN, RIO

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

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PAN
RIO
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Compare PAN to other stocks
RIO
Rio Tinto Ltd
Cheaper
vs PAN
BHP
BHP Group Ltd
Cheaper
vs PAN
GMEXICOB
Grupo Mexico SAB de CV
Cheaper
vs PAN
GLEN
Glencore PLC
Cheaper
vs PAN
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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