` Comparison: TXT, SAP - Alpha Spread

TXT
vs
SAP

Over the past 12 months, TXT has underperformed SAP, delivering a return of -15% compared to the SAP's 12% drop.

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TXT
SAP
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Valuation Comparison

TXT Intrinsic Value
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SAP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
TXT e solutions SpA
MIL:TXT
30.45 EUR
SAP SE
XETRA:SAP
212.5 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
TXT, SAP

TXT
SAP
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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
TXT e solutions SpA
Revenue
SAP SE
Revenue

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

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Profitability Comparison

Free Cash Flow
TXT, SAP

TXT
SAP
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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
TXT e solutions SpA
MIL:TXT
SAP SE
XETRA:SAP
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What is Free Cash Flow?

Gross Margin

TXT
55.7%
SAP
73.8%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

Operating Margin

TXT
9.3%
SAP
27.5%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

Net Margin

TXT
5.1%
SAP
19.4%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

FCF Margin

TXT
5.6%
SAP
17.8%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

ROE

TXT
16.2%
SAP
16.9%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

ROA

TXT
5.5%
SAP
10.3%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

ROIC

TXT
9.4%
SAP
13%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

ROCE

TXT
15.6%
SAP
19.6%
LTM 3Y Avg 5Y Avg 10Y Avg
TXT e solutions SpA
SAP SE

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
TXT, SAP

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Performance Gap
TXT, SAP

Performance Gap Between TXT and SAP
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Performance By Year
TXT, SAP

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TXT
SAP
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