` Comparison: VEN, 600938 - Alpha Spread

VEN
vs
C
600938

Over the past 12 months, VEN has significantly outperformed CNOOC Ltd, delivering a return of +25% compared to the CNOOC Ltd's +4% growth.

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VEN
600938
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Valuation Comparison

VEN Intrinsic Value
0.053 AUD
Undervaluation 91%
Intrinsic Value
Price
C
Intrinsic Value
68.08 CNY
Undervaluation 58%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Vintage Energy Ltd
ASX:VEN
0.005 AUD
C
CNOOC Ltd
SSE:600938
28.57 CNY
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Valuation Scenario:
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Growth Comparison

Growth Over Time
VEN, 600938

VEN
600938
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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
Vintage Energy Ltd
Revenue
C
CNOOC Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
VEN, 600938

VEN
600938
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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
Vintage Energy Ltd
ASX:VEN
C
CNOOC Ltd
SSE:600938
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What is Free Cash Flow?

Gross Margin

VEN
-7.5%
CNOOC Ltd
47.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

Operating Margin

VEN
-54.4%
CNOOC Ltd
42.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

Net Margin

VEN
-94.2%
CNOOC Ltd
30.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

FCF Margin

VEN
-141.1%
CNOOC Ltd
23.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

ROE

VEN
-15.5%
CNOOC Ltd
16.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

ROA

VEN
-8.5%
CNOOC Ltd
11.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

ROIC

VEN
-5.2%
CNOOC Ltd
13.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

ROCE

VEN
-5.8%
CNOOC Ltd
18.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Vintage Energy Ltd
C
CNOOC Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
VEN, 600938

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Performance Gap
VEN, 600938

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VEN
600938
Difference
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Performance By Year
VEN, 600938

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VEN
600938
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