` Comparison: REFEX vs KPS - Alpha Spread

REFEX
vs
K
KPS

Over the past 12 months, REFEX has underperformed KPS, delivering a return of -49% compared to the KPS's 5% drop.

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REFEX
KPS
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Valuation Comparison

REFEX Intrinsic Value
205.79 INR
Overvaluation 11%
Intrinsic Value
Price
K
KPS Intrinsic Value
0.97 MYR
Undervaluation 37%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Refex Industries Ltd
NSE:REFEX
231.95 INR
K
Kps Consortium Bhd
KLSE:KPS
0.61 MYR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
REFEX, KPS

REFEX
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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
Refex Industries Ltd
Revenue
K
Kps Consortium Bhd
Revenue

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

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Profitability Comparison

Free Cash Flow
REFEX, KPS

REFEX
KPS
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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
Refex Industries Ltd
NSE:REFEX
K
Kps Consortium Bhd
KLSE:KPS
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What is Free Cash Flow?

Gross Margin

REFEX
17.3%
KPS
18%

Operating Margin

REFEX
11.2%
KPS
3%

Net Margin

REFEX
8%
KPS
4.8%

FCF Margin

REFEX
-11.7%
KPS
4.9%

ROE

REFEX
17.2%
KPS
4.7%

ROA

REFEX
10.4%
KPS
3.3%

ROIC

REFEX
15.1%
KPS
-0.1%

ROCE

REFEX
21.1%
KPS
2.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
REFEX, KPS

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Performance Gap
REFEX, KPS

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REFEX
KPS
Difference
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Performance By Year
REFEX, KPS

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