` Comparison: PK3, CP - Alpha Spread

P
PK3
vs
CP

Over the past 12 months, PK3 has underperformed CP, delivering a return of -6% compared to the CP's 2% drop.

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PK3
CP
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Valuation Comparison

PK3 Intrinsic Value
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CP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P
PKP Cargo SA
F:PK3
2.914 EUR
Canadian Pacific Railway Ltd
TSX:CP
102.43 CAD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PK3, CP

Revenue
www.alphaspread.com
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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
P
PKP Cargo SA
Revenue
Canadian Pacific Railway Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
PK3, CP

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
P
PKP Cargo SA
F:PK3
Canadian Pacific Railway Ltd
TSX:CP
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What is Free Cash Flow?

Gross Margin

PK3
61.6%
CP
85.1%

Operating Margin

PK3
0.7%
CP
37.5%

Net Margin

PK3
-42.2%
CP
28.4%

FCF Margin

PK3
2.1%
CP
15.9%

ROE

PK3
-105.9%
CP
9.5%

ROA

PK3
-22.4%
CP
5.1%

ROIC

PK3
0.4%
CP
5.4%

ROCE

PK3
0.7%
CP
7.1%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PK3, CP

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Performance Gap
PK3, CP

Performance Gap Between PK3 and CP
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Performance By Year
PK3, CP

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