` Comparison: EVR, FMG - Alpha Spread

EVR
vs
FMG

Over the past 12 months, EVR has underperformed FMG, delivering a return of -99% compared to the FMG's +22% growth.

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EVR
FMG
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Valuation Comparison

EVR Intrinsic Value
Not Available
FMG Intrinsic Value
19.28 AUD
Overvaluation 15%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
EVRAZ plc
LSE:EVR
0.81 GBX
Fortescue Metals Group Ltd
ASX:FMG
22.805 AUD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
EVR, FMG

EVR
FMG
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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
EVRAZ plc
Revenue
Fortescue Metals Group Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
EVR, FMG

EVR
FMG
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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
EVRAZ plc
LSE:EVR
Fortescue Metals Group Ltd
ASX:FMG
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What is Free Cash Flow?

Gross Margin

EVR
43.7%
FMG
41.4%

Operating Margin

EVR
32.5%
FMG
33.3%

Net Margin

EVR
11.8%
FMG
21.7%

FCF Margin

EVR
7.7%
FMG
19.6%

ROE

EVR
52.6%
FMG
17.1%

ROA

EVR
16.1%
FMG
11.1%

ROIC

EVR
43.7%
FMG
14.5%

ROCE

EVR
64.8%
FMG
18.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
EVR, FMG

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Performance Gap
EVR, FMG

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EVR
FMG
Difference
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Performance By Year
EVR, FMG

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EVR
FMG
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