` Comparison: OCUP vs NOVN - Alpha Spread

OCUP
vs
NOVN

Over the past 12 months, OCUP has underperformed NOVN, delivering a return of 0% compared to the NOVN's +26% growth.

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OCUP
NOVN
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Valuation Comparison

OCUP Intrinsic Value
Not Available
NOVN Intrinsic Value
107.28 CHF
Overvaluation 13%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Ocuphire Pharma Inc
NASDAQ:OCUP
1.13 USD
Novartis AG
SIX:NOVN
123.32 CHF
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
OCUP, NOVN

OCUP
NOVN
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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
Ocuphire Pharma Inc
Revenue
Novartis AG
Revenue

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

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Profitability Comparison

Free Cash Flow
OCUP, NOVN

OCUP
NOVN
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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
Ocuphire Pharma Inc
NASDAQ:OCUP
Novartis AG
SIX:NOVN
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What is Free Cash Flow?

Gross Margin

OCUP
0%
NOVN
75.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

Operating Margin

OCUP
-83.1%
NOVN
33.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

Net Margin

OCUP
-85.7%
NOVN
24.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

FCF Margin

OCUP
-69.6%
NOVN
27.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

ROE

OCUP
-36%
NOVN
31%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

ROA

OCUP
-31.9%
NOVN
13.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

ROIC

OCUP
-694.9%
NOVN
17.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

ROCE

OCUP
-34.9%
NOVN
23.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Ocuphire Pharma Inc
Novartis AG

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
OCUP, NOVN

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Performance Gap
OCUP, NOVN

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OCUP
NOVN
Difference
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Performance By Year
OCUP, NOVN

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OCUP
NOVN
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