` Comparison: PIII vs FRE - Alpha Spread

PIII
vs
FRE

Over the past 12 months, PIII has underperformed FRE, delivering a return of -67% compared to the FRE's +10% growth.

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PIII
FRE
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Valuation Comparison

PIII Intrinsic Value
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FRE Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P3 Health Partners Inc
NASDAQ:PIII
3.03 USD
Fresenius SE & Co KGaA
XETRA:FRE
44.15 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
PIII, FRE

PIII
FRE
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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
P3 Health Partners Inc
Revenue
Fresenius SE & Co KGaA
Revenue

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

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Profitability Comparison

Free Cash Flow
PIII, FRE

PIII
FRE
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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
P3 Health Partners Inc
NASDAQ:PIII
Fresenius SE & Co KGaA
XETRA:FRE
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What is Free Cash Flow?

Gross Margin

PIII
-4%
FRE
24.9%

Operating Margin

PIII
-17.6%
FRE
10.1%

Net Margin

PIII
-9.1%
FRE
5.5%

FCF Margin

PIII
-8.5%
FRE
5.2%

ROE

PIII
-257.4%
FRE
6.6%

ROA

PIII
-17.3%
FRE
2.9%

ROIC

PIII
-64.5%
FRE
4.5%

ROCE

PIII
-74.2%
FRE
6.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PIII, FRE

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Performance Gap
PIII, FRE

Performance Gap Between PIII and FRE
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Performance By Year
PIII, FRE

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PIII
FRE
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Compare PIII to other stocks
CVS
CVS Health Corp
Cheaper
vs PIII
CGN
Cigna Group
C
Cheaper
vs PIII
CI
Cigna Corp
Cheaper
vs PIII
FME
Fresenius Medical Care AG
Cheaper
vs PIII
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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