` Comparison: CORZ vs SHOP - Alpha Spread

CORZ
vs
SHOP

Over the past 12 months, CORZ has significantly outperformed SHOP, delivering a return of +121% compared to the SHOP's +11% growth.

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CORZ
SHOP
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Valuation Comparison

CORZ Intrinsic Value
9.01 USD
Overvaluation 47%
Intrinsic Value
Price
SHOP Intrinsic Value
58.76 USD
Overvaluation 49%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Core Scientific Inc
NASDAQ:CORZ
16.85 USD
Shopify Inc
NASDAQ:SHOP
116.15 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CORZ, SHOP

CORZ
SHOP
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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
Core Scientific Inc
Revenue
Shopify Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
CORZ, SHOP

CORZ
SHOP
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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
Core Scientific Inc
NASDAQ:CORZ
Shopify Inc
NASDAQ:SHOP
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What is Free Cash Flow?

Gross Margin

CORZ
11.9%
SHOP
48.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

Operating Margin

CORZ
-70.4%
SHOP
12.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

Net Margin

CORZ
-88%
SHOP
10.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

FCF Margin

CORZ
-141.3%
SHOP
17.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

ROE

CORZ
31.5%
SHOP
9.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

ROA

CORZ
-14.2%
SHOP
8.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

ROIC

CORZ
-17%
SHOP
15.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

ROCE

CORZ
-14.8%
SHOP
11.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Core Scientific Inc
Shopify Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CORZ, SHOP

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Performance Gap
CORZ, SHOP

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CORZ
SHOP
Difference
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Performance By Year
CORZ, SHOP

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CORZ
SHOP
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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