` Comparison: 0IR9 vs MSFT - Alpha Spread

0IR9
vs
MSFT

Over the past 12 months, 0IR9 has underperformed MSFT, delivering a return of -25% compared to the MSFT's 2% drop.

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0IR9
MSFT
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Valuation Comparison

0IR9 Intrinsic Value
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MSFT Intrinsic Value
385.62 USD
Overvaluation 4%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Fortinet Inc
LSE:0IR9
86.1041 USD
Microsoft Corp
NASDAQ:MSFT
400.19 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
0IR9, MSFT

0IR9
MSFT
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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
Fortinet Inc
Revenue
Microsoft Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
0IR9, MSFT

0IR9
MSFT
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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
Fortinet Inc
LSE:0IR9
Microsoft Corp
NASDAQ:MSFT
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What is Free Cash Flow?

Gross Margin

0IR9
80.5%
MSFT
68.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

Operating Margin

0IR9
30.5%
MSFT
46.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

Net Margin

0IR9
27.3%
MSFT
39%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

FCF Margin

0IR9
32.7%
MSFT
25.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

ROE

0IR9
135.7%
MSFT
34.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

ROA

0IR9
18.4%
MSFT
19.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

ROIC

0IR9
27.7%
MSFT
23.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

ROCE

0IR9
37.5%
MSFT
29.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Fortinet Inc
Microsoft Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
0IR9, MSFT

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Performance Gap
0IR9, MSFT

Performance Gap Between 0IR9 and MSFT
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Performance By Year
0IR9, MSFT

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0IR9
MSFT
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