` Comparison: SQZ, CNQ - Alpha Spread

SQZ
vs
CNQ

Over the past 12 months, SQZ has significantly outperformed CNQ, delivering a return of +35% compared to the CNQ's +0% growth.

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SQZ
CNQ
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Valuation Comparison

SQZ Intrinsic Value
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CNQ Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Serica Energy PLC
LSE:SQZ
174.2 GBX
Canadian Natural Resources Ltd
TSX:CNQ
43 CAD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
SQZ, CNQ

SQZ
CNQ
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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
Serica Energy PLC
Revenue
Canadian Natural Resources Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
SQZ, CNQ

SQZ
CNQ
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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
Serica Energy PLC
LSE:SQZ
Canadian Natural Resources Ltd
TSX:CNQ
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What is Free Cash Flow?

Gross Margin

SQZ
16.3%
CNQ
48.9%

Operating Margin

SQZ
13.1%
CNQ
26.6%

Net Margin

SQZ
-5.8%
CNQ
17.2%

FCF Margin

SQZ
-8.6%
CNQ
-2.7%

ROE

SQZ
-4.3%
CNQ
16.6%

ROA

SQZ
-2.1%
CNQ
8.3%

ROIC

SQZ
-3%
CNQ
10.9%

ROCE

SQZ
5.8%
CNQ
14.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SQZ, CNQ

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Performance Gap
SQZ, CNQ

Performance Gap Between SQZ and CNQ
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Performance By Year
SQZ, CNQ

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SQZ
CNQ
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