` Comparison: TBK vs 2914 - Alpha Spread

P
TBK
vs
2914

Over the past 12 months, TBK has underperformed Japan Tobacco Inc, delivering a return of +20% compared to the Japan Tobacco Inc's +57% growth.

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TBK
2914
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Valuation Comparison

P
TBK Intrinsic Value
998.68 EUR
Undervaluation 19%
Intrinsic Value
Price
Intrinsic Value
6 418.78 JPY
Undervaluation 7%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P
Philip Morris CR as
F:TBK
810 EUR
Japan Tobacco Inc
TSE:2914
5 987 JPY
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Valuation Scenario:
Bear Case
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Bull Case

Growth Comparison

Growth Over Time
TBK, 2914

TBK
2914
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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
P
Philip Morris CR as
Revenue
Japan Tobacco Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
TBK, 2914

TBK
2914
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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
P
Philip Morris CR as
F:TBK
Japan Tobacco Inc
TSE:2914
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What is Free Cash Flow?

Gross Margin

TBK
43%
Japan Tobacco Inc
56.2%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

Operating Margin

TBK
17%
Japan Tobacco Inc
24.6%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

Net Margin

TBK
14.1%
Japan Tobacco Inc
14.7%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

FCF Margin

TBK
13.5%
Japan Tobacco Inc
10.1%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

ROE

TBK
45%
Japan Tobacco Inc
13%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

ROA

TBK
18.4%
Japan Tobacco Inc
6.1%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

ROIC

TBK
42.9%
Japan Tobacco Inc
8.5%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

ROCE

TBK
51.5%
Japan Tobacco Inc
13.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
Philip Morris CR as
Japan Tobacco Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
TBK, 2914

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Performance Gap
TBK, 2914

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TBK
2914
Difference
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Performance By Year
TBK, 2914

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TBK
2914
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Compare TBK to other stocks
PM
Philip Morris Internatio...
More expensive
vs TBK
BATS
British American Tobacco...
More expensive
vs TBK
MO
Altria Group Inc
More expensive
vs TBK
ITC
ITC Ltd
More expensive
vs TBK
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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