` ALUP4 (Alupar Investimento SA) vs IBE (Iberdrola SA) Comparison - Alpha Spread

ALUP4
vs
IBE

Over the past 12 months, ALUP4 has underperformed IBE, delivering a return of +20% compared to the IBE's +27% growth.

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ALUP4
IBE
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Valuation Comparison

ALUP4 Intrinsic Value
11.82 BRL
Undervaluation 4%
Intrinsic Value
Price R$11.37
IBE Intrinsic Value
13.284 EUR
Overvaluation 33%
Intrinsic Value
Price €19.805
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Alupar Investimento SA
BOVESPA:ALUP4
11.37 BRL
Iberdrola SA
MAD:IBE
19.805 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
ALUP4, IBE

ALUP4
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
Alupar Investimento SA
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
ALUP4, IBE

ALUP4
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
Alupar Investimento SA
BOVESPA:ALUP4
Iberdrola SA
MAD:IBE
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What is Free Cash Flow?

Gross Margin

ALUP4
69.4%
IBE
48.6%

Operating Margin

ALUP4
63.8%
IBE
23.3%

Net Margin

ALUP4
24%
IBE
14.3%

FCF Margin

ALUP4
49.3%
IBE
7.2%

ROE

ALUP4
12.7%
IBE
12%

ROA

ALUP4
3.4%
IBE
3.9%

ROIC

ALUP4
10%
IBE
5.6%

ROCE

ALUP4
10.1%
IBE
7.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ALUP4, IBE

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Performance Gap
ALUP4, IBE

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ALUP4
IBE
Difference
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Performance By Year
ALUP4, IBE

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IBE
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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