` Comparison: ORIENT vs RACE - Alpha Spread

O
ORIENT
vs
RACE

Over the past 12 months, ORIENT has significantly outperformed RACE, delivering a return of -1% compared to the RACE's 33% drop.

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ORIENT
RACE
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Valuation Comparison

O
ORIENT Intrinsic Value
8.7 MYR
Undervaluation 20%
Intrinsic Value
Price
RACE Intrinsic Value
98.55 EUR
Overvaluation 68%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
O
Oriental Holdings Bhd
KLSE:ORIENT
6.95 MYR
Ferrari NV
MIL:RACE
308 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ORIENT, RACE

ORIENT
RACE
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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
Oriental Holdings Bhd
Revenue
Ferrari NV
Revenue

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

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Profitability Comparison

Free Cash Flow
ORIENT, RACE

ORIENT
RACE
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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
Oriental Holdings Bhd
KLSE:ORIENT
Ferrari NV
MIL:RACE
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What is Free Cash Flow?

Gross Margin

ORIENT
0%
RACE
51.2%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

Operating Margin

ORIENT
7.6%
RACE
29%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

Net Margin

ORIENT
5.6%
RACE
22.9%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

FCF Margin

ORIENT
9.3%
RACE
19.5%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

ROE

ORIENT
4.1%
RACE
48%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

ROA

ORIENT
2.6%
RACE
17.2%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

ROIC

ORIENT
5%
RACE
23.2%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

ROCE

ORIENT
4.7%
RACE
28.8%
LTM 3Y Avg 5Y Avg 10Y Avg
O
Oriental Holdings Bhd
Ferrari NV

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ORIENT, RACE

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ORIENT
RACE
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Performance Gap
ORIENT, RACE

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ORIENT
RACE
Difference
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Performance By Year
ORIENT, RACE

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RACE
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