` Comparison: SMR, ENR - Alpha Spread

N
SMR
vs
ENR

Over the past 12 months, SMR has underperformed ENR, delivering a return of -3% compared to the ENR's +140% growth.

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SMR
ENR
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Valuation Comparison

N
SMR Intrinsic Value
2.35 USD
Overvaluation 89%
Intrinsic Value
Price
ENR Intrinsic Value
85.64 EUR
Overvaluation 28%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
N
Nuscale Power Corp
NYSE:SMR
21.56 USD
Siemens Energy AG
XETRA:ENR
118.6 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SMR, ENR

SMR
ENR
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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
N
Nuscale Power Corp
Revenue
Siemens Energy AG
Revenue

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

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Profitability Comparison

Free Cash Flow
SMR, ENR

SMR
ENR
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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
N
Nuscale Power Corp
NYSE:SMR
Siemens Energy AG
XETRA:ENR
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What is Free Cash Flow?

Gross Margin

SMR
66.8%
ENR
16.8%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

Operating Margin

SMR
-984%
ENR
4%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

Net Margin

SMR
-594.6%
ENR
3.6%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

FCF Margin

SMR
-442.3%
ENR
10.5%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

ROE

SMR
-76.9%
ENR
14.6%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

ROA

SMR
-66.9%
ENR
2.6%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

ROIC

SMR
946%
ENR
3.1%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

ROCE

SMR
-206.1%
ENR
8.8%
LTM 3Y Avg 5Y Avg 10Y Avg
N
Nuscale Power Corp
Siemens Energy AG

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SMR, ENR

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Performance Gap
SMR, ENR

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SMR
ENR
Difference
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Performance By Year
SMR, ENR

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SMR
ENR
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