` Comparison: CEG vs DUK - Alpha Spread

CEG
vs
DUK

Over the past 12 months, CEG has significantly outperformed DUK, delivering a return of +39% compared to the DUK's +9% growth.

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CEG
DUK
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Valuation Comparison

CEG Intrinsic Value
225.58 USD
Overvaluation 21%
Intrinsic Value
Price $286.5
DUK Intrinsic Value
154.76 USD
Undervaluation 15%
Intrinsic Value
Price $131.79
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Constellation Energy Corp
NASDAQ:CEG
286.5 USD
Duke Energy Corp
NYSE:DUK
131.79 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CEG, DUK

CEG
DUK
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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
Constellation Energy Corp
Revenue
Duke Energy Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
CEG, DUK

CEG
DUK
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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
Constellation Energy Corp
NASDAQ:CEG
Duke Energy Corp
NYSE:DUK
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What is Free Cash Flow?

Gross Margin

CEG
42.5%
DUK
72%

Operating Margin

CEG
12.1%
DUK
26.6%

Net Margin

CEG
9.1%
DUK
15.2%

FCF Margin

CEG
5%
DUK
-5.3%

ROE

CEG
16.8%
DUK
9.6%

ROA

CEG
4.2%
DUK
2.6%

ROIC

CEG
4.3%
DUK
4.1%

ROCE

CEG
6.5%
DUK
5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CEG, DUK

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Performance Gap
CEG, DUK

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CEG
DUK
Difference
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Performance By Year
CEG, DUK

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CEG
DUK
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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