` Comparison: SOTS vs RCL - Alpha Spread

SOTS
vs
RCL

Over the past 12 months, SOTS has significantly outperformed RCL, delivering a return of +275% compared to the RCL's +32% growth.

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SOTS
RCL
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Valuation Comparison

SOTS Intrinsic Value
151.74 IDR
Overvaluation 87%
Intrinsic Value
Price
RCL Intrinsic Value
297.75 USD
Undervaluation 4%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Satria Mega Kencana Tbk PT
IDX:SOTS
1 140 IDR
Royal Caribbean Cruises Ltd
NYSE:RCL
284.47 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SOTS, RCL

SOTS
RCL
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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
Satria Mega Kencana Tbk PT
Revenue
Royal Caribbean Cruises Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
SOTS, RCL

SOTS
RCL
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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
Satria Mega Kencana Tbk PT
IDX:SOTS
Royal Caribbean Cruises Ltd
NYSE:RCL
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What is Free Cash Flow?

Gross Margin

SOTS
62.4%
RCL
50.6%

Operating Margin

SOTS
-52.2%
RCL
27.4%

Net Margin

SOTS
-74.5%
RCL
23.8%

FCF Margin

SOTS
-27%
RCL
6.9%

ROE

SOTS
-8.7%
RCL
48.5%

ROA

SOTS
-3.7%
RCL
10.8%

ROIC

SOTS
-2.7%
RCL
12.8%

ROCE

SOTS
-2.7%
RCL
17.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SOTS, RCL

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Performance Gap
SOTS, RCL

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SOTS
RCL
Difference
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Performance By Year
SOTS, RCL

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SOTS
RCL
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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