` Comparison: RENI vs SLM - Alpha Spread

G
RENI
vs
S
SLM

Over the past 12 months, RENI has underperformed SLM, delivering a return of -28% compared to the SLM's +23% growth.

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RENI
SLM
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Valuation Comparison

RENI Intrinsic Value
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SLM Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
G
Gruppa Renessans Strakhovaniye PAO
MOEX:RENI
91.14 RUB
S
Sanlam Ltd
JSE:SLM
10 240 Zac
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Valuation Scenario:
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Growth Comparison

Growth Over Time
RENI, SLM

RENI
SLM
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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
G
Gruppa Renessans Strakhovaniye PAO
Revenue
S
Sanlam Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
RENI, SLM

RENI
SLM
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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
G
Gruppa Renessans Strakhovaniye PAO
MOEX:RENI
FCF is not applicable for financial companies
S
Sanlam Ltd
JSE:SLM
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

RENI
SLM
LTM 3Y Avg 5Y Avg 10Y Avg
G
Gruppa Renessans Strakhovaniye PAO
Not applicable for financial companies
S
Sanlam Ltd
Not applicable for financial companies

Operating Margin

RENI
SLM
LTM 3Y Avg 5Y Avg 10Y Avg
G
Gruppa Renessans Strakhovaniye PAO
Not applicable for financial companies
S
Sanlam Ltd
Not applicable for financial companies

Net Margin

RENI
9.4%
SLM
17%

FCF Margin

RENI
SLM
LTM 3Y Avg 5Y Avg 10Y Avg
G
Gruppa Renessans Strakhovaniye PAO
Not applicable for financial companies
S
Sanlam Ltd
Not applicable for financial companies

ROE

RENI
23.8%
SLM
23.7%

ROA

RENI
4.4%
SLM
2%

ROIC

RENI
SLM
LTM 3Y Avg 5Y Avg 10Y Avg
G
Gruppa Renessans Strakhovaniye PAO
Not applicable for financial companies
S
Sanlam Ltd
Not applicable for financial companies

ROCE

RENI
SLM
LTM 3Y Avg 5Y Avg 10Y Avg
G
Gruppa Renessans Strakhovaniye PAO
Not applicable for financial companies
S
Sanlam Ltd
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
RENI, SLM

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Performance Gap
RENI, SLM

Performance Gap Between RENI and SLM
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Performance By Year
RENI, SLM

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RENI
SLM
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