` Comparison: DEO vs CDGP - Alpha Spread

DEO
vs
C
CDGP

Over the past 12 months, DEO has underperformed CDGP, delivering a return of -8% compared to the CDGP's +17% growth.

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DEO
CDGP
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Valuation Comparison

DEO Intrinsic Value
149.14 USD
Undervaluation 33%
Intrinsic Value
Price
C
CDGP Intrinsic Value
16.54 GBX
Overvaluation 58%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Diageo PLC
NYSE:DEO
99.21 USD
C
Chapel Down Group PLC
LSE:CDGP
39.1 GBX
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
DEO, CDGP

DEO
CDGP
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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
Diageo PLC
Revenue
C
Chapel Down Group PLC
Revenue

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

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Profitability Comparison

Free Cash Flow
DEO, CDGP

DEO
CDGP
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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
Diageo PLC
NYSE:DEO
C
Chapel Down Group PLC
LSE:CDGP
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What is Free Cash Flow?

Gross Margin

DEO
60.1%
CDGP
47.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

Operating Margin

DEO
21.4%
CDGP
5.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

Net Margin

DEO
11.6%
CDGP
-11.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

FCF Margin

DEO
13.4%
CDGP
-20.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

ROE

DEO
22.3%
CDGP
-5.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

ROA

DEO
5%
CDGP
-3.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

ROIC

DEO
8.1%
CDGP
1.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

ROCE

DEO
11.7%
CDGP
1.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Diageo PLC
C
Chapel Down Group PLC

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
DEO, CDGP

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Performance Gap
DEO, CDGP

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DEO
CDGP
Difference
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Performance By Year
DEO, CDGP

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DEO
CDGP
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