` Comparison: NCPL, BAM - Alpha Spread

NCPL
vs
B
BAM

Over the past 12 months, NCPL has underperformed BAM, delivering a return of -59% compared to the BAM's 8% drop.

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NCPL
BAM
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Valuation Comparison

NCPL 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
Netcapital Inc
NASDAQ:NCPL
0.824 USD
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
72.74 CAD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
NCPL, BAM

NCPL
BAM
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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
Netcapital Inc
Revenue
B
BROOKFIELD ASSET MANAGEMENT LTD
Revenue

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

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Profitability Comparison

Free Cash Flow
NCPL, BAM

NCPL
BAM
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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
Netcapital Inc
NASDAQ:NCPL
B
BROOKFIELD ASSET MANAGEMENT LTD
TSX:BAM
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What is Free Cash Flow?

Gross Margin

NCPL
95.9%
BAM
0%

Operating Margin

NCPL
-3 166.9%
BAM
54.3%

Net Margin

NCPL
-3 206.8%
BAM
55.6%

FCF Margin

NCPL
-827.4%
BAM
27.3%

ROE

NCPL
-97%
BAM
31.9%

ROA

NCPL
-84.2%
BAM
18.9%

ROIC

NCPL
-94.7%
BAM
21.5%

ROCE

NCPL
-94.3%
BAM
24.1%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NCPL, BAM

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Performance Gap
NCPL, BAM

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

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NCPL
BAM
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