` Comparison: 011390 vs HOLN - Alpha Spread

011390
vs
HOLN

Over the past 12 months, Busan Industrial Co Ltd has underperformed HOLN, delivering a return of +8% compared to the HOLN's +59% growth.

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011390
HOLN
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Valuation Comparison

Intrinsic Value
50 002.97 KRW
Overvaluation 39%
Intrinsic Value
Price
HOLN Intrinsic Value
117.19 CHF
Undervaluation 34%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Busan Industrial Co Ltd
KRX:011390
82 000 KRW
Holcim AG
SIX:HOLN
76.84 CHF
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
011390, HOLN

011390
HOLN
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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
Busan Industrial Co Ltd
Revenue
Holcim AG
Revenue

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

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Profitability Comparison

Free Cash Flow
011390, HOLN

011390
HOLN
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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
Busan Industrial Co Ltd
KRX:011390
Holcim AG
SIX:HOLN
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What is Free Cash Flow?

Gross Margin

Busan Industrial Co Ltd
14.3%
HOLN
44.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

Operating Margin

Busan Industrial Co Ltd
0%
HOLN
17.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

Net Margin

Busan Industrial Co Ltd
-4.1%
HOLN
71.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

FCF Margin

Busan Industrial Co Ltd
-1.2%
HOLN
17.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

ROE

Busan Industrial Co Ltd
-3.7%
HOLN
75.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

ROA

Busan Industrial Co Ltd
-1.5%
HOLN
35.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

ROIC

Busan Industrial Co Ltd
0%
HOLN
7.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

ROCE

Busan Industrial Co Ltd
0%
HOLN
10.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Busan Industrial Co Ltd
Holcim AG

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
011390, HOLN

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011390
HOLN
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Performance Gap
011390, HOLN

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011390
HOLN
Difference
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Performance By Year
011390, HOLN

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011390
HOLN
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