` Comparison: 398, ULTA - Alpha Spread

O
398
vs
ULTA

Over the past 12 months, Oriental Watch Holdings Ltd has underperformed ULTA, delivering a return of -5% compared to the ULTA's +40% growth.

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398
ULTA
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Valuation Comparison

O
Intrinsic Value
7.86 HKD
Undervaluation 54%
Intrinsic Value
Price
ULTA Intrinsic Value
433.88 USD
Overvaluation 28%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
O
Oriental Watch Holdings Ltd
HKEX:398
3.6 HKD
Ulta Beauty Inc
NASDAQ:ULTA
603.49 USD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
398, ULTA

398
ULTA
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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
O
Oriental Watch Holdings Ltd
Revenue
Ulta Beauty Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
398, ULTA

398
ULTA
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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
O
Oriental Watch Holdings Ltd
HKEX:398
Ulta Beauty Inc
NASDAQ:ULTA
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What is Free Cash Flow?

Gross Margin

Oriental Watch Holdings Ltd
31.5%
ULTA
39.2%

Operating Margin

Oriental Watch Holdings Ltd
9.4%
ULTA
13.1%

Net Margin

Oriental Watch Holdings Ltd
5.8%
ULTA
9.9%

FCF Margin

Oriental Watch Holdings Ltd
9.1%
ULTA
8.7%

ROE

Oriental Watch Holdings Ltd
11.3%
ULTA
47.8%

ROA

Oriental Watch Holdings Ltd
8.7%
ULTA
18.7%

ROIC

Oriental Watch Holdings Ltd
14.9%
ULTA
22%

ROCE

Oriental Watch Holdings Ltd
16.8%
ULTA
36.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
398, ULTA

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Performance Gap
398, ULTA

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398
ULTA
Difference
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Performance By Year
398, ULTA

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398
ULTA
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