` Comparison: MBMA vs RIO - Alpha Spread

P
MBMA
vs
RIO

Over the past 12 months, MBMA has significantly outperformed RIO, delivering a return of +137% compared to the RIO's +34% growth.

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MBMA
RIO
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Valuation Comparison

P
MBMA Intrinsic Value
117.82 IDR
Overvaluation 87%
Intrinsic Value
Price
RIO Intrinsic Value
132.01 AUD
Overvaluation 18%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P
PT Merdeka Battery Materials Tbk
IDX:MBMA
880 IDR
Rio Tinto Ltd
ASX:RIO
160.72 AUD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
MBMA, RIO

MBMA
RIO
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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
PT Merdeka Battery Materials Tbk
Revenue
Rio Tinto Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
MBMA, RIO

MBMA
RIO
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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
PT Merdeka Battery Materials Tbk
IDX:MBMA
Rio Tinto Ltd
ASX:RIO
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What is Free Cash Flow?

Gross Margin

MBMA
9.1%
RIO
66.9%

Operating Margin

MBMA
6.4%
RIO
30.4%

Net Margin

MBMA
2.1%
RIO
17.3%

FCF Margin

MBMA
-13.5%
RIO
7.8%

ROE

MBMA
1.9%
RIO
18%

ROA

MBMA
0.9%
RIO
9.8%

ROIC

MBMA
2.6%
RIO
14.6%

ROCE

MBMA
3%
RIO
19.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
MBMA, RIO

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Performance Gap
MBMA, RIO

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MBMA
RIO
Difference
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Performance By Year
MBMA, RIO

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MBMA
RIO
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RIO
Rio Tinto PLC
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