` Comparison: ISB vs 601939 - Alpha Spread

I
ISB
vs
601939

Over the past 12 months, ISB has outperformed China Construction Bank Corp, delivering a return of +21% compared to the China Construction Bank Corp's +4% growth.

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ISB
601939
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Valuation Comparison

I
ISB Intrinsic Value
137.86 ISK
Overvaluation 1%
Intrinsic Value
Price kr138.8
Intrinsic Value
18.48 CNY
Undervaluation 50%
Intrinsic Value
Price ¥9.33
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
I
Islandsbanki hf
ICEX:ISB
138.8 ISK
China Construction Bank Corp
SSE:601939
9.33 CNY
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ISB, 601939

ISB
601939
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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
I
Islandsbanki hf
Revenue
China Construction Bank Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
ISB, 601939

ISB
601939
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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
I
Islandsbanki hf
ICEX:ISB
FCF is not applicable for financial companies
China Construction Bank Corp
SSE:601939
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

ISB
China Construction Bank Corp
LTM 3Y Avg 5Y Avg 10Y Avg
I
Islandsbanki hf
Not applicable for financial companies
China Construction Bank Corp
Not applicable for financial companies

Operating Margin

ISB
China Construction Bank Corp
LTM 3Y Avg 5Y Avg 10Y Avg
I
Islandsbanki hf
Not applicable for financial companies
China Construction Bank Corp
Not applicable for financial companies

Net Margin

ISB
34%
China Construction Bank Corp
42.5%

FCF Margin

ISB
China Construction Bank Corp
LTM 3Y Avg 5Y Avg 10Y Avg
I
Islandsbanki hf
Not applicable for financial companies
China Construction Bank Corp
Not applicable for financial companies

ROE

ISB
11.2%
China Construction Bank Corp
9.5%

ROA

ISB
1.5%
China Construction Bank Corp
0.8%

ROIC

ISB
China Construction Bank Corp
LTM 3Y Avg 5Y Avg 10Y Avg
I
Islandsbanki hf
Not applicable for financial companies
China Construction Bank Corp
Not applicable for financial companies

ROCE

ISB
China Construction Bank Corp
LTM 3Y Avg 5Y Avg 10Y Avg
I
Islandsbanki hf
Not applicable for financial companies
China Construction Bank Corp
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ISB, 601939

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Performance Gap
ISB, 601939

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ISB
601939
Difference
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Performance By Year
ISB, 601939

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ISB
601939
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Compare ISB to other stocks
JPM
JPMorgan Chase & Co
Cheaper
vs ISB
SBK
Standard Bank Group Ltd
S
More expensive
vs ISB
CPI
Capitec Bank Holdings Ltd
C
More expensive
vs ISB
BAC
Bank of America Corp
Cheaper
vs ISB
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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