` Comparison: BAMI vs CPI - Alpha Spread

BAMI
vs
C
CPI

Over the past 12 months, BAMI has underperformed CPI, delivering a return of +34% compared to the CPI's +50% growth.

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BAMI
CPI
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Valuation Comparison

BAMI Intrinsic Value
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CPI Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Banco BPM SpA
MIL:BAMI
12.01 EUR
C
Capitec Bank Holdings Ltd
JSE:CPI
467 474 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
BAMI, CPI

BAMI
CPI
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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
Banco BPM SpA
Revenue
C
Capitec Bank Holdings Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
BAMI, CPI

BAMI
CPI
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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
Banco BPM SpA
MIL:BAMI
FCF is not applicable for financial companies
C
Capitec Bank Holdings Ltd
JSE:CPI
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

BAMI
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Banco BPM SpA
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Operating Margin

BAMI
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Banco BPM SpA
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Net Margin

BAMI
34.9%
CPI
24.6%

FCF Margin

BAMI
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Banco BPM SpA
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROE

BAMI
13.8%
CPI
30.7%

ROA

BAMI
1%
CPI
6.5%

ROIC

BAMI
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Banco BPM SpA
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROCE

BAMI
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
Banco BPM SpA
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BAMI, CPI

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Performance Gap
BAMI, CPI

Performance Gap Between BAMI and CPI
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Performance By Year
BAMI, CPI

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BAMI
CPI
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Compare BAMI to other stocks
JPM
JPMorgan Chase & Co
SBK
Standard Bank Group Ltd
S
BAC
Bank of America Corp
601398
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