` Comparison: SUN vs PKN - Alpha Spread

SUN
vs
O
PKN

Over the past 12 months, SUN has underperformed PKN, delivering a return of +3% compared to the PKN's +88% growth.

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SUN
PKN
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Valuation Comparison

SUN Intrinsic Value
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PKN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Sunoco LP
NYSE:SUN
57.29 USD
O
Orlen SA
PSE:PKN
596 CZK
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SUN, PKN

SUN
PKN
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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
Sunoco LP
Revenue
O
Orlen SA
Revenue

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

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Profitability Comparison

Free Cash Flow
SUN, PKN

SUN
PKN
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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
Sunoco LP
NYSE:SUN
O
Orlen SA
PSE:PKN
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What is Free Cash Flow?

Gross Margin

SUN
11.4%
PKN
3%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

Operating Margin

SUN
4.6%
PKN
1.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

Net Margin

SUN
1.8%
PKN
0.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

FCF Margin

SUN
1.7%
PKN
1%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

ROE

SUN
9.8%
PKN
0.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

ROA

SUN
2.5%
PKN
0.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

ROIC

SUN
7.4%
PKN
1.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

ROCE

SUN
7%
PKN
2.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Sunoco LP
O
Orlen SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SUN, PKN

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Performance Gap
SUN, PKN

Performance Gap Between SUN and PKN
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Performance By Year
SUN, PKN

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SUN
PKN
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