` Comparison: HLCAP vs MS - Alpha Spread

H
HLCAP
vs
MS

Over the past 12 months, HLCAP has underperformed MS, delivering a return of -11% compared to the MS's +23% growth.

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HLCAP
MS
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Valuation Comparison

HLCAP Intrinsic Value
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MS Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
H
Hong Leong Capital Bhd
KLSE:HLCAP
3.51 MYR
Morgan Stanley
NYSE:MS
168.24 USD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
HLCAP, MS

HLCAP
MS
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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
H
Hong Leong Capital Bhd
Revenue
Morgan Stanley
Revenue

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

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Profitability Comparison

Free Cash Flow
HLCAP, MS

HLCAP
MS
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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
H
Hong Leong Capital Bhd
KLSE:HLCAP
Morgan Stanley
NYSE:MS
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What is Free Cash Flow?

Gross Margin

HLCAP
63.7%
MS
55.1%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

Operating Margin

HLCAP
23.7%
MS
18.3%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

Net Margin

HLCAP
17.6%
MS
13.6%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

FCF Margin

HLCAP
126.4%
MS
-5.6%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

ROE

HLCAP
6.1%
MS
15.2%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

ROA

HLCAP
1.1%
MS
1.3%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

ROIC

HLCAP
1.3%
MS
1.7%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

ROCE

HLCAP
5.7%
MS
3.6%
LTM 3Y Avg 5Y Avg 10Y Avg
H
Hong Leong Capital Bhd
Morgan Stanley

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
HLCAP, MS

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Performance Gap
HLCAP, MS

Performance Gap Between HLCAP and MS
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Performance By Year
HLCAP, MS

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HLCAP
MS
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