` Comparison: INVP, MQG - Alpha Spread

INVP
vs
MQG

Over the past 12 months, INVP has outperformed MQG, delivering a return of -7% compared to the MQG's 13% drop.

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INVP
MQG
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Valuation Comparison

INVP Intrinsic Value
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MQG Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Investec PLC
LSE:INVP
531.5 GBX
Macquarie Group Ltd
ASX:MQG
194.91 AUD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
INVP, MQG

INVP
MQG
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Revenue
www.alphaspread.com
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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
Investec PLC
Revenue
Macquarie Group Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
INVP, MQG

INVP
MQG
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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
Investec PLC
LSE:INVP
FCF is not applicable for financial companies
Macquarie Group Ltd
ASX:MQG
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

INVP
MQG
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Not applicable for financial companies
Macquarie Group Ltd
Not applicable for financial companies

Operating Margin

INVP
MQG
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Not applicable for financial companies
Macquarie Group Ltd
Not applicable for financial companies

Net Margin

INVP
27.7%
MQG
19.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Macquarie Group Ltd

FCF Margin

INVP
MQG
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Not applicable for financial companies
Macquarie Group Ltd
Not applicable for financial companies

ROE

INVP
11.2%
MQG
10.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Macquarie Group Ltd

ROA

INVP
1.1%
MQG
0.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Macquarie Group Ltd

ROIC

INVP
MQG
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Not applicable for financial companies
Macquarie Group Ltd
Not applicable for financial companies

ROCE

INVP
MQG
LTM 3Y Avg 5Y Avg 10Y Avg
Investec PLC
Not applicable for financial companies
Macquarie Group Ltd
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
INVP, MQG

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Performance Gap
INVP, MQG

Performance Gap Between INVP and MQG
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Performance By Year
INVP, MQG

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INVP
MQG
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