` Comparison: CODE, NDAQ - Alpha Spread

C
CODE
vs
NDAQ

Over the past 12 months, CODE has underperformed NDAQ, delivering a return of -10% compared to the NDAQ's +22% growth.

Valuation Growth Profitability Solvency Stocks Performance
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CODE
NDAQ
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Stocks Compared:
CODE NDAQ
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Valuation Comparison

C
CODE Intrinsic Value
Not Available
NDAQ Intrinsic Value
78.36 USD
Overvaluation 18%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
C
Cypher Metaverse Inc
CNSX:CODE
0.52 CAD
Nasdaq Inc
NASDAQ:NDAQ
95.36 USD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
CODE, NDAQ

CODE
NDAQ
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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
C
Cypher Metaverse Inc
Revenue
Nasdaq Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
CODE, NDAQ

CODE
NDAQ
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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
C
Cypher Metaverse Inc
CNSX:CODE
Nasdaq Inc
NASDAQ:NDAQ
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What is Free Cash Flow?

Gross Margin

CODE
0%
NDAQ
62.3%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

Operating Margin

CODE
0%
NDAQ
28.4%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

Net Margin

CODE
0%
NDAQ
19.9%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

FCF Margin

CODE
0%
NDAQ
25.7%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

ROE

CODE
-106.7%
NDAQ
14.1%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

ROA

CODE
-98.6%
NDAQ
5.3%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

ROIC

CODE
-396.7%
NDAQ
6.3%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

ROCE

CODE
-114.6%
NDAQ
10.2%
LTM 3Y Avg 5Y Avg 10Y Avg
C
Cypher Metaverse Inc
Nasdaq Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CODE, NDAQ

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CODE
NDAQ
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Performance Gap
CODE, NDAQ

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CODE
NDAQ
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
CODE, NDAQ

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NDAQ
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