` Comparison: PSNY vs RACE - Alpha Spread

PSNY
vs
RACE

Over the past 12 months, PSNY has underperformed RACE, delivering a return of -40% compared to the RACE's 29% drop.

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PSNY
RACE
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Valuation Comparison

PSNY Intrinsic Value
54.55 USD
Undervaluation 64%
Intrinsic Value
Price
RACE Intrinsic Value
99.87 EUR
Overvaluation 69%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Polestar Automotive Holding Uk Plc
NASDAQ:PSNY
19.4 USD
Ferrari NV
MIL:RACE
321.3 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PSNY, RACE

PSNY
RACE
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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
Polestar Automotive Holding Uk Plc
Revenue
Ferrari NV
Revenue

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

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Profitability Comparison

Free Cash Flow
PSNY, RACE

PSNY
RACE
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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
Polestar Automotive Holding Uk Plc
NASDAQ:PSNY
Ferrari NV
MIL:RACE
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What is Free Cash Flow?

Gross Margin

PSNY
-22.4%
RACE
51.3%

Operating Margin

PSNY
-60.5%
RACE
29%

Net Margin

PSNY
-93.8%
RACE
22.6%

FCF Margin

PSNY
-48.4%
RACE
19.1%

ROE

PSNY
106.5%
RACE
45%

ROA

PSNY
-86.8%
RACE
17.3%

ROIC

PSNY
-69.1%
RACE
23.5%

ROCE

PSNY
543.6%
RACE
29%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PSNY, RACE

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Performance Gap
PSNY, RACE

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PSNY
RACE
Difference
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Performance By Year
PSNY, RACE

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PSNY
RACE
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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