` Comparison: PHN vs OR - Alpha Spread

PHN
vs
OR

Over the past 12 months, PHN has outperformed OR, delivering a return of +17% compared to the OR's +13% growth.

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PHN
OR
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Valuation Comparison

PHN Intrinsic Value
48.07 EUR
Overvaluation 26%
Intrinsic Value
Price
OR Intrinsic Value
306.83 EUR
Overvaluation 23%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Pharmanutra SpA
MIL:PHN
65.2 EUR
L'Oreal SA
PAR:OR
396.25 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PHN, OR

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
Pharmanutra SpA
Revenue
L'Oreal SA
Revenue

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

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Profitability Comparison

Free Cash Flow
PHN, OR

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
Pharmanutra SpA
MIL:PHN
L'Oreal SA
PAR:OR
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What is Free Cash Flow?

Gross Margin

PHN
97.1%
OR
74.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

Operating Margin

PHN
21.8%
OR
19%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

Net Margin

PHN
13.4%
OR
13.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

FCF Margin

PHN
5.8%
OR
16.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

ROE

PHN
38.7%
OR
19.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

ROA

PHN
20.5%
OR
11%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

ROIC

PHN
31.1%
OR
13.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

ROCE

PHN
44.6%
OR
20.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Pharmanutra SpA
L'Oreal SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PHN, OR

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Performance Gap
PHN, OR

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PHN
OR
Difference
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Performance By Year
PHN, OR

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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett