` Comparison: COCE5 vs CEG - Alpha Spread

COCE5
vs
CEG

Over the past 12 months, COCE5 has underperformed CEG, delivering a return of +33% compared to the CEG's +42% growth.

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COCE5
CEG
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Valuation Comparison

COCE5 Intrinsic Value
66.6 BRL
Undervaluation 50%
Intrinsic Value
Price R$33.13
CEG Intrinsic Value
225.58 USD
Overvaluation 24%
Intrinsic Value
Price $296.61
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Companhia Energetica do Ceara
BOVESPA:COCE5
33.13 BRL
Constellation Energy Corp
NASDAQ:CEG
296.61 USD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
COCE5, CEG

COCE5
CEG
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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
Companhia Energetica do Ceara
Revenue
Constellation Energy Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
COCE5, CEG

COCE5
CEG
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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
Companhia Energetica do Ceara
BOVESPA:COCE5
Constellation Energy Corp
NASDAQ:CEG
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What is Free Cash Flow?

Gross Margin

COCE5
19.3%
CEG
42.5%

Operating Margin

COCE5
14.1%
CEG
12.1%

Net Margin

COCE5
4.3%
CEG
9.1%

FCF Margin

COCE5
-2.5%
CEG
5%

ROE

COCE5
7.4%
CEG
16.8%

ROA

COCE5
2.6%
CEG
4.2%

ROIC

COCE5
8.8%
CEG
4.3%

ROCE

COCE5
13.3%
CEG
6.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
COCE5, CEG

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Performance Gap
COCE5, CEG

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COCE5
CEG
Difference
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Performance By Year
COCE5, CEG

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COCE5
CEG
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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