` Comparison: 3VFN vs NY1 - Alpha Spread

3VFN
vs
N
NY1

Over the past 12 months, 3VFN has underperformed NY1, delivering a return of +9% compared to the NY1's +58% growth.

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3VFN
NY1
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Valuation Comparison

3VFN Intrinsic Value
198.24 EUR
Undervaluation 53%
Intrinsic Value
Price
N
NY1 Intrinsic Value
3 099.56 Zac
Overvaluation 41%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
VP Bank AG
F:3VFN
93 EUR
N
Ninety One Ltd
JSE:NY1
5 290 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
3VFN, NY1

3VFN
NY1
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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
VP Bank AG
Revenue
N
Ninety One Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
3VFN, NY1

3VFN
NY1
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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
VP Bank AG
F:3VFN
FCF is not applicable for financial companies
N
Ninety One Ltd
JSE:NY1
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What is Free Cash Flow?

Gross Margin

3VFN
NY1
85.3%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
N
Ninety One Ltd

Operating Margin

3VFN
NY1
26.3%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
N
Ninety One Ltd

Net Margin

3VFN
9.7%
NY1
22.1%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
N
Ninety One Ltd

FCF Margin

3VFN
NY1
29.1%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
N
Ninety One Ltd

ROE

3VFN
3.2%
NY1
45.4%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
N
Ninety One Ltd

ROA

3VFN
0.3%
NY1
1.3%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
N
Ninety One Ltd

ROIC

3VFN
NY1
76.9%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
N
Ninety One Ltd

ROCE

3VFN
NY1
37.2%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
N
Ninety One Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
3VFN, NY1

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Performance Gap
3VFN, NY1

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3VFN
NY1
Difference
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Performance By Year
3VFN, NY1

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3VFN
NY1
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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