` Comparison: NIO, 600104 - Alpha Spread

NIO
vs
600104

Over the past 12 months, NIO has significantly outperformed SAIC Motor Corp Ltd, delivering a return of +7% compared to the SAIC Motor Corp Ltd's 16% drop.

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NIO
600104
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Valuation Comparison

NIO Intrinsic Value
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SAIC Motor Corp Ltd Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
NIO Inc
NYSE:NIO
5.1 USD
SAIC Motor Corp Ltd
SSE:600104
15.15 CNY
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Valuation Scenario:
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Base Case
Bull Case

Growth Comparison

Growth Over Time
NIO, 600104

NIO
600104
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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
NIO Inc
Revenue
SAIC Motor Corp Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
NIO, 600104

NIO
600104
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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
NIO Inc
NYSE:NIO
SAIC Motor Corp Ltd
SSE:600104
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What is Free Cash Flow?

Gross Margin

NIO
11.2%
SAIC Motor Corp Ltd
9.5%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

Operating Margin

NIO
-27.9%
SAIC Motor Corp Ltd
0.5%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

Net Margin

NIO
-31.5%
SAIC Motor Corp Ltd
0.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

FCF Margin

NIO
-2.9%
SAIC Motor Corp Ltd
9.1%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

ROE

NIO
-304%
SAIC Motor Corp Ltd
1%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

ROA

NIO
-21.1%
SAIC Motor Corp Ltd
0.3%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

ROIC

NIO
-37.1%
SAIC Motor Corp Ltd
0.3%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

ROCE

NIO
-44.3%
SAIC Motor Corp Ltd
0.7%
LTM 3Y Avg 5Y Avg 10Y Avg
NIO Inc
SAIC Motor Corp Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NIO, 600104

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Performance Gap
NIO, 600104

Performance Gap Between NIO and 600104
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Performance By Year
NIO, 600104

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NIO
600104
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