` Comparison: WBD, TKO - Alpha Spread

WBD
vs
TKO

Over the past 12 months, WBD has significantly outperformed TKO, delivering a return of +150% compared to the TKO's +45% growth.

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WBD
TKO
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Valuation Comparison

WBD Intrinsic Value
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TKO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Warner Bros Discovery Inc
NASDAQ:WBD
27.23 USD
TKO Group Holdings Inc
NYSE:TKO
203.82 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
WBD, TKO

WBD
TKO
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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
Warner Bros Discovery Inc
Revenue
TKO Group Holdings Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
WBD, TKO

WBD
TKO
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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
Warner Bros Discovery Inc
NASDAQ:WBD
TKO Group Holdings Inc
NYSE:TKO
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What is Free Cash Flow?

Gross Margin

WBD
44.9%
TKO
60.5%

Operating Margin

WBD
4.6%
TKO
23.5%

Net Margin

WBD
1.3%
TKO
5.3%

FCF Margin

WBD
10.9%
TKO
21.8%

ROE

WBD
1.4%
TKO
5.8%

ROA

WBD
0.5%
TKO
1.6%

ROIC

WBD
0.4%
TKO
6.8%

ROCE

WBD
2%
TKO
7.8%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
WBD, TKO

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Performance Gap
WBD, TKO

Performance Gap Between WBD and TKO
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Performance By Year
WBD, TKO

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WBD
TKO
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