` Comparison: SPCE vs 0R2N - Alpha Spread

SPCE
vs
0R2N

Over the past 12 months, SPCE has underperformed 0R2N, delivering a return of -40% compared to the 0R2N's +51% growth.

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SPCE
0R2N
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Valuation Comparison

SPCE Intrinsic Value
3.626 USD
Undervaluation 32%
Intrinsic Value
Price
0R2N Intrinsic Value
138.45 USD
Overvaluation 30%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Virgin Galactic Holdings Inc
NYSE:SPCE
2.465 USD
RTX Corp
LSE:0R2N
199.2 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SPCE, 0R2N

SPCE
0R2N
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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
Virgin Galactic Holdings Inc
Revenue
RTX Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
SPCE, 0R2N

SPCE
0R2N
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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
Virgin Galactic Holdings Inc
NYSE:SPCE
RTX Corp
LSE:0R2N
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What is Free Cash Flow?

Gross Margin

SPCE
-4 403.3%
0R2N
20.1%

Operating Margin

SPCE
-18 453.3%
0R2N
10.5%

Net Margin

SPCE
-17 615.7%
0R2N
7.6%

FCF Margin

SPCE
-27 712.4%
0R2N
8.4%

ROE

SPCE
-98.9%
0R2N
10.7%

ROA

SPCE
-31.3%
0R2N
4%

ROIC

SPCE
-75.9%
0R2N
5.2%

ROCE

SPCE
-39.5%
0R2N
8.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SPCE, 0R2N

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Performance Gap
SPCE, 0R2N

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SPCE
0R2N
Difference
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Performance By Year
SPCE, 0R2N

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SPCE
0R2N
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Compare SPCE to other stocks
RTX
Raytheon Technologies Corp
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LMT
Lockheed Martin Corp
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vs SPCE
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett