` Comparison: NOVC vs PFE - Alpha Spread

NOVC
vs
PFE

Over the past 12 months, NOVC has underperformed PFE, delivering a return of 0% compared to the PFE's +8% growth.

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NOVC
PFE
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Valuation Comparison

NOVC Intrinsic Value
115.66 EUR
Undervaluation 22%
Intrinsic Value
Price
PFE Intrinsic Value
33.02 USD
Undervaluation 16%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Novo Nordisk A/S
F:NOVC
90.7 EUR
Pfizer Inc
NYSE:PFE
27.67 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
NOVC, PFE

NOVC
PFE
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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
Novo Nordisk A/S
Revenue
Pfizer Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
NOVC, PFE

NOVC
PFE
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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
Novo Nordisk A/S
F:NOVC
Pfizer Inc
NYSE:PFE
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What is Free Cash Flow?

Gross Margin

NOVC
81%
PFE
75.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

Operating Margin

NOVC
41.3%
PFE
31.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

Net Margin

NOVC
33.1%
PFE
12.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

FCF Margin

NOVC
9.4%
PFE
16.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

ROE

NOVC
60.7%
PFE
8.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

ROA

NOVC
20.3%
PFE
3.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

ROIC

NOVC
22.1%
PFE
11%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

ROCE

NOVC
44.4%
PFE
11.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Novo Nordisk A/S
Pfizer Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NOVC, PFE

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Performance Gap
NOVC, PFE

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NOVC
PFE
Difference
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Performance By Year
NOVC, PFE

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NOVC
PFE
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