` Comparison: 855 vs SBSP3 - Alpha Spread

855
vs
SBSP3

Over the past 12 months, China Water Affairs Group Ltd has underperformed SBSP3, delivering a return of -27% compared to the SBSP3's +64% growth.

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855
SBSP3
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Valuation Comparison

Intrinsic Value
5.06 HKD
Undervaluation 3%
Intrinsic Value
Price
SBSP3 Intrinsic Value
87.55 BRL
Overvaluation 43%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
China Water Affairs Group Ltd
HKEX:855
4.91 HKD
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
BOVESPA:SBSP3
152.84 BRL
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Growth Comparison

Growth Over Time
855, SBSP3

855
SBSP3
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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
China Water Affairs Group Ltd
Revenue
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
Revenue

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

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Profitability Comparison

Free Cash Flow
855, SBSP3

855
SBSP3
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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
China Water Affairs Group Ltd
HKEX:855
Companhia de Saneamento Basico do Estado de Sao Paulo SABESP
BOVESPA:SBSP3
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What is Free Cash Flow?

Gross Margin

China Water Affairs Group Ltd
36.2%
SBSP3
36.8%

Operating Margin

China Water Affairs Group Ltd
26%
SBSP3
33%

Net Margin

China Water Affairs Group Ltd
8.2%
SBSP3
22.2%

FCF Margin

China Water Affairs Group Ltd
28.2%
SBSP3
-14.1%

ROE

China Water Affairs Group Ltd
6.5%
SBSP3
21.3%

ROA

China Water Affairs Group Ltd
1.3%
SBSP3
9.1%

ROIC

China Water Affairs Group Ltd
3.9%
SBSP3
11.1%

ROCE

China Water Affairs Group Ltd
6.4%
SBSP3
16%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
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Performance Gap
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855
SBSP3
Difference
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Performance By Year
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855
SBSP3
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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