` Comparison: ARCC vs BN - Alpha Spread

ARCC
vs
BN

Over the past 12 months, ARCC has underperformed BN, delivering a return of -14% compared to the BN's +20% growth.

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ARCC
BN
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Valuation Comparison

ARCC Intrinsic Value
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BN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Ares Capital Corp
NASDAQ:ARCC
19.4499 USD
Brookfield Corp
NYSE:BN
46.9 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ARCC, BN

ARCC
BN
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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
Ares Capital Corp
Revenue
Brookfield Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
ARCC, BN

ARCC
BN
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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
Ares Capital Corp
NASDAQ:ARCC
Brookfield Corp
NYSE:BN
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What is Free Cash Flow?

Gross Margin

ARCC
49.5%
BN
37.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

Operating Margin

ARCC
47.8%
BN
26.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

Net Margin

ARCC
45.2%
BN
1.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

FCF Margin

ARCC
-51.6%
BN
-15.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

ROE

ARCC
10.1%
BN
1.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

ROA

ARCC
4.7%
BN
0.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

ROIC

ARCC
4.7%
BN
2.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

ROCE

ARCC
5.1%
BN
4.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Ares Capital Corp
Brookfield Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ARCC, BN

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Performance Gap
ARCC, BN

Performance Gap Between ARCC and BN
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Performance By Year
ARCC, BN

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ARCC
BN
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