` Comparison: SCHW vs BLK - Alpha Spread

SCHW
vs
BLK

Over the past 12 months, SCHW has underperformed BLK, delivering a return of +1% compared to the BLK's +10% growth.

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SCHW
BLK
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Valuation Comparison

SCHW Intrinsic Value
2 748.0117 MXN
Undervaluation 40%
Intrinsic Value
Price
BLK Intrinsic Value
852.17 USD
Overvaluation 22%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Charles Schwab Corp
BMV:SCHW
1 635.5601 MXN
BlackRock Inc
NYSE:BLK
1 089.13 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SCHW, BLK

SCHW
BLK
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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
Charles Schwab Corp
Revenue
BlackRock Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
SCHW, BLK

SCHW
BLK
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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
Charles Schwab Corp
BMV:SCHW
BlackRock Inc
NYSE:BLK
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What is Free Cash Flow?

Gross Margin

SCHW
86.4%
BLK
81.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

Operating Margin

SCHW
41.4%
BLK
29.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

Net Margin

SCHW
30.4%
BLK
22.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

FCF Margin

SCHW
-5%
BLK
16.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

ROE

SCHW
17.2%
BLK
10.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

ROA

SCHW
1.8%
BLK
3.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

ROIC

SCHW
2.9%
BLK
4.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

ROCE

SCHW
16.3%
BLK
5%
LTM 3Y Avg 5Y Avg 10Y Avg
Charles Schwab Corp
BlackRock Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SCHW, BLK

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Performance Gap
SCHW, BLK

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SCHW
BLK
Difference
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Performance By Year
SCHW, BLK

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SCHW
BLK
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Compare SCHW to other stocks
JPM
JPMorgan Chase & Co
BAC
Bank of America Corp
GS
Goldman Sachs Group Inc
MS
Morgan Stanley
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