` Comparison: 04Q vs BAC - Alpha Spread

04Q
vs
BAC

Over the past 12 months, 04Q has significantly outperformed BAC, delivering a return of +36% compared to the BAC's +12% growth.

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04Q
BAC
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Valuation Comparison

04Q Intrinsic Value
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BAC Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Nordea Bank Abp
F:04Q
16.56 EUR
Bank of America Corp
NYSE:BAC
52.3 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
04Q, BAC

04Q
BAC
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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
Nordea Bank Abp
Revenue
Bank of America Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
04Q, BAC

04Q
BAC
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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
Nordea Bank Abp
F:04Q
FCF is not applicable for financial companies
Bank of America Corp
NYSE:BAC
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

04Q
BAC
LTM 3Y Avg 5Y Avg 10Y Avg
Nordea Bank Abp
Not applicable for financial companies
Bank of America Corp
Not applicable for financial companies

Operating Margin

04Q
BAC
LTM 3Y Avg 5Y Avg 10Y Avg
Nordea Bank Abp
Not applicable for financial companies
Bank of America Corp
Not applicable for financial companies

Net Margin

04Q
37.9%
BAC
25.7%

FCF Margin

04Q
BAC
LTM 3Y Avg 5Y Avg 10Y Avg
Nordea Bank Abp
Not applicable for financial companies
Bank of America Corp
Not applicable for financial companies

ROE

04Q
14.8%
BAC
9.7%

ROA

04Q
0.8%
BAC
0.9%

ROIC

04Q
BAC
LTM 3Y Avg 5Y Avg 10Y Avg
Nordea Bank Abp
Not applicable for financial companies
Bank of America Corp
Not applicable for financial companies

ROCE

04Q
BAC
LTM 3Y Avg 5Y Avg 10Y Avg
Nordea Bank Abp
Not applicable for financial companies
Bank of America Corp
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
04Q, BAC

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Performance Gap
04Q, BAC

Performance Gap Between 04Q and BAC
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Performance By Year
04Q, BAC

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04Q
BAC
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