` Comparison: PENN vs 28 - Alpha Spread

PENN
vs
T
28

Over the past 12 months, PENN has underperformed Tian An China Investments Co Ltd, delivering a return of -7% compared to the Tian An China Investments Co Ltd's 4% drop.

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PENN
28
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Valuation Comparison

PENN Intrinsic Value
67.16 USD
Undervaluation 78%
Intrinsic Value
Price $15.03
T
Intrinsic Value
Not Available
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Penn National Gaming Inc
NASDAQ:PENN
15.03 USD
T
Tian An China Investments Co Ltd
HKEX:28
4.25 HKD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PENN, 28

PENN
28
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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
Penn National Gaming Inc
Revenue
T
Tian An China Investments Co Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
PENN, 28

PENN
28
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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
Penn National Gaming Inc
NASDAQ:PENN
T
Tian An China Investments Co Ltd
HKEX:28
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What is Free Cash Flow?

Gross Margin

PENN
38.9%
Tian An China Investments Co Ltd
53.5%

Operating Margin

PENN
4.5%
Tian An China Investments Co Ltd
47%

Net Margin

PENN
-12.1%
Tian An China Investments Co Ltd
20.3%

FCF Margin

PENN
-2.5%
Tian An China Investments Co Ltd
44.3%

ROE

PENN
-35.9%
Tian An China Investments Co Ltd
7.4%

ROA

PENN
-5.7%
Tian An China Investments Co Ltd
3.7%

ROIC

PENN
2.3%
Tian An China Investments Co Ltd
5.3%

ROCE

PENN
2.4%
Tian An China Investments Co Ltd
12.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PENN, 28

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Performance Gap
PENN, 28

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PENN
28
Difference
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Performance By Year
PENN, 28

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PENN
28
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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