` Comparison: MDKA, RIO - Alpha Spread

MDKA
vs
RIO

Over the past 12 months, MDKA has underperformed RIO, delivering a return of +16% compared to the RIO's +17% growth.

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MDKA
RIO
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Valuation Comparison

MDKA Intrinsic Value
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RIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Merdeka Copper Gold Tbk PT
IDX:MDKA
2 230 IDR
Rio Tinto Ltd
ASX:RIO
138.47 AUD
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Valuation Scenario:
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Base Case
Bull Case

Growth Comparison

Growth Over Time
MDKA, RIO

MDKA
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
Merdeka Copper Gold Tbk PT
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
MDKA, RIO

MDKA
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
Merdeka Copper Gold Tbk PT
IDX:MDKA
Rio Tinto Ltd
ASX:RIO
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What is Free Cash Flow?

Gross Margin

MDKA
7.9%
RIO
0%

Operating Margin

MDKA
5.3%
RIO
25.8%

Net Margin

MDKA
-2.5%
RIO
19.1%

FCF Margin

MDKA
-12.2%
RIO
9.6%

ROE

MDKA
-6%
RIO
18.6%

ROA

MDKA
-1.1%
RIO
10.1%

ROIC

MDKA
1.3%
RIO
11.8%

ROCE

MDKA
2.9%
RIO
15.4%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
MDKA, RIO

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Performance Gap
MDKA, RIO

Performance Gap Between MDKA and RIO
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Performance By Year
MDKA, RIO

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MDKA
RIO
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