` Comparison: SEIT, HEIO - Alpha Spread

SEIT
vs
HEIO

Over the past 12 months, SEIT has underperformed HEIO, delivering a return of -1% compared to the HEIO's +7% growth.

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SEIT
HEIO
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Valuation Comparison

SEIT Intrinsic Value
26.96 GBX
Overvaluation 49%
Intrinsic Value
Price
HEIO Intrinsic Value
123.82 EUR
Undervaluation 50%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
SDCL Energy Efficiency Income Trust PLC
LSE:SEIT
53 GBX
Heineken Holding NV
AEX:HEIO
61.55 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SEIT, HEIO

SEIT
HEIO
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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
SDCL Energy Efficiency Income Trust PLC
Revenue
Heineken Holding NV
Revenue

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

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Profitability Comparison

Free Cash Flow
SEIT, HEIO

SEIT
HEIO
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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
SDCL Energy Efficiency Income Trust PLC
LSE:SEIT
Heineken Holding NV
AEX:HEIO
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What is Free Cash Flow?

Gross Margin

SEIT
0%
HEIO
35.1%

Operating Margin

SEIT
76.1%
HEIO
11.4%

Net Margin

SEIT
76.1%
HEIO
3.2%

FCF Margin

SEIT
105.2%
HEIO
9.2%

ROE

SEIT
3.8%
HEIO
10.3%

ROA

SEIT
3.8%
HEIO
1.8%

ROIC

SEIT
3.8%
HEIO
5.8%

ROCE

SEIT
3.8%
HEIO
8.8%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SEIT, HEIO

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Performance Gap
SEIT, HEIO

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SEIT
HEIO
Difference
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Performance By Year
SEIT, HEIO

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SEIT
HEIO
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