` Comparison: 38E vs SPNS - Alpha Spread

38E
vs
SPNS

Over the past 12 months, 38E has underperformed SPNS, delivering a return of -38% compared to the SPNS's +67% growth.

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38E
SPNS
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Stocks Compared:
38E SPNS
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Valuation Comparison

38E Intrinsic Value
1.608 EUR
Undervaluation 37%
Intrinsic Value
Price
SPNS Intrinsic Value
26.26 USD
Overvaluation 40%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Rekor Systems Inc
F:38E
1.018 EUR
Sapiens International Corporation NV
NASDAQ:SPNS
43.45 USD
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Growth Comparison

Growth Over Time
38E, SPNS

38E
SPNS
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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
Rekor Systems Inc
Revenue
Sapiens International Corporation NV
Revenue

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

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Profitability Comparison

Free Cash Flow
38E, SPNS

38E
SPNS
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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
Rekor Systems Inc
F:38E
Sapiens International Corporation NV
NASDAQ:SPNS
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What is Free Cash Flow?

Gross Margin

38E
53.9%
SPNS
44.3%

Operating Margin

38E
-61.4%
SPNS
13.7%

Net Margin

38E
-89.8%
SPNS
11.4%

FCF Margin

38E
-57.9%
SPNS
12.5%

ROE

38E
-114.7%
SPNS
13.1%

ROA

38E
-48.3%
SPNS
9%

ROIC

38E
-37.9%
SPNS
10.9%

ROCE

38E
-44.3%
SPNS
13.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
38E, SPNS

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Performance Gap
38E, SPNS

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38E
SPNS
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
38E, SPNS

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SPNS
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