` Comparison: OLGERD vs HEIO - Alpha Spread

O
OLGERD
vs
HEIO

Over the past 12 months, OLGERD has underperformed HEIO, delivering a return of -10% compared to the HEIO's +2% growth.

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OLGERD
HEIO
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Valuation Comparison

OLGERD Intrinsic Value
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HEIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
O
Olgerdin Egill Skallagrims hf
ICEX:OLGERD
16.7 ISK
Heineken Holding NV
AEX:HEIO
72.3 EUR
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
OLGERD, HEIO

OLGERD
HEIO
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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
Olgerdin Egill Skallagrims hf
Revenue
Heineken Holding NV
Revenue

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

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Profitability Comparison

Free Cash Flow
OLGERD, HEIO

OLGERD
HEIO
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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
Olgerdin Egill Skallagrims hf
ICEX:OLGERD
Heineken Holding NV
AEX:HEIO
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What is Free Cash Flow?

Gross Margin

OLGERD
32.9%
HEIO
64.4%

Operating Margin

OLGERD
8%
HEIO
11.6%

Net Margin

OLGERD
4.9%
HEIO
3.3%

FCF Margin

OLGERD
4.9%
HEIO
9.1%

ROE

OLGERD
15.4%
HEIO
10.5%

ROA

OLGERD
6.7%
HEIO
1.8%

ROIC

OLGERD
9.6%
HEIO
5.9%

ROCE

OLGERD
15.6%
HEIO
8.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
OLGERD, HEIO

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OLGERD
HEIO
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Performance Gap
OLGERD, HEIO

Performance Gap Between OLGERD and HEIO
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Performance By Year
OLGERD, HEIO

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OLGERD
HEIO
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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