` Comparison: CG vs BAM - Alpha Spread

CG
vs
BAM

Over the past 12 months, CG has significantly outperformed BAM, delivering a return of +9% compared to the BAM's 13% drop.

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CG
BAM
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Valuation Comparison

CG Intrinsic Value
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BAM Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Carlyle Group Inc
NASDAQ:CG
52.81 USD
Brookfield Asset Management Inc
NYSE:BAM
48.35 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CG, BAM

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
Carlyle Group Inc
Revenue
Brookfield Asset Management Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
CG, BAM

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Carlyle Group Inc
NASDAQ:CG
Brookfield Asset Management Inc
NYSE:BAM
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What is Free Cash Flow?

Gross Margin

CG
64.8%
BAM
0%

Operating Margin

CG
21.8%
BAM
57.8%

Net Margin

CG
16.9%
BAM
51.6%

FCF Margin

CG
-52.7%
BAM
31.9%

ROE

CG
12.8%
BAM
36.7%

ROA

CG
3.1%
BAM
23.2%

ROIC

CG
3.7%
BAM
28.4%

ROCE

CG
5.5%
BAM
33.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CG, BAM

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Performance Gap
CG, BAM

Performance Gap Between CG and BAM
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Performance By Year
CG, BAM

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Compare CG to other stocks
BLK
BlackRock Inc
More expensive
vs CG
BX
Blackstone Inc
Cheaper
vs CG
BN
Brookfield Corp
Cheaper
vs CG
NY1
Ninety One Ltd
N
More expensive
vs CG
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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