` Comparison: FIC vs RW5 - Alpha Spread

FIC
vs
RW5

Over the past 12 months, FIC has significantly outperformed RW5, delivering a return of +22% compared to the RW5's 17% drop.

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FIC
RW5
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Valuation Comparison

FIC Intrinsic Value
Not Available
RW5 Intrinsic Value
28.69 EUR
Overvaluation 33%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
First Capital SpA
MIL:FIC
19.2 EUR
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
42.9 EUR
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
FIC, RW5

FIC
RW5
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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
First Capital SpA
Revenue
BROOKFIELD ASSET MANAGEMENT LTD
Revenue

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

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Profitability Comparison

Free Cash Flow
FIC, RW5

FIC
RW5
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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
First Capital SpA
MIL:FIC
FCF is not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD
F:RW5
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What is Free Cash Flow?

Gross Margin

FIC
RW5
0%
LTM 3Y Avg 5Y Avg 10Y Avg
First Capital SpA
Not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD

Operating Margin

FIC
RW5
57.8%
LTM 3Y Avg 5Y Avg 10Y Avg
First Capital SpA
Not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD

Net Margin

FIC
70.2%
RW5
51.6%

FCF Margin

FIC
RW5
31.9%
LTM 3Y Avg 5Y Avg 10Y Avg
First Capital SpA
Not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD

ROE

FIC
15.2%
RW5
36.7%

ROA

FIC
11.1%
RW5
23.2%

ROIC

FIC
RW5
28.4%
LTM 3Y Avg 5Y Avg 10Y Avg
First Capital SpA
Not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD

ROCE

FIC
RW5
33.3%
LTM 3Y Avg 5Y Avg 10Y Avg
First Capital SpA
Not applicable for financial companies
BROOKFIELD ASSET MANAGEMENT LTD

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
FIC, RW5

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Performance Gap
FIC, RW5

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FIC
RW5
Difference
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Performance By Year
FIC, RW5

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FIC
RW5
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