` Comparison: BAKKA, NESN - Alpha Spread

P
BAKKA
vs
NESN

Over the past 12 months, BAKKA has underperformed NESN, delivering a return of -21% compared to the NESN's +7% growth.

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BAKKA
NESN
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Valuation Comparison

P
BAKKA Intrinsic Value
689.52 NOK
Undervaluation 26%
Intrinsic Value
Price
NESN Intrinsic Value
125.8 CHF
Undervaluation 37%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
P
P/F Bakkafrost
OSE:BAKKA
510.5 NOK
Nestle SA
SIX:NESN
79.62 CHF
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Valuation Scenario:
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Growth Comparison

Growth Over Time
BAKKA, NESN

BAKKA
NESN
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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
P
P/F Bakkafrost
Revenue
Nestle SA
Revenue

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

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Profitability Comparison

Free Cash Flow
BAKKA, NESN

BAKKA
NESN
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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
P
P/F Bakkafrost
OSE:BAKKA
Nestle SA
SIX:NESN
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What is Free Cash Flow?

Gross Margin

BAKKA
71%
NESN
46.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

Operating Margin

BAKKA
13.7%
NESN
16.5%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

Net Margin

BAKKA
3.5%
NESN
11.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

FCF Margin

BAKKA
-1%
NESN
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

ROE

BAKKA
2.2%
NESN
33.4%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

ROA

BAKKA
1.3%
NESN
7.8%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

ROIC

BAKKA
4.1%
NESN
10.3%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

ROCE

BAKKA
5.3%
NESN
16.7%
LTM 3Y Avg 5Y Avg 10Y Avg
P
P/F Bakkafrost
Nestle SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BAKKA, NESN

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Performance Gap
BAKKA, NESN

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BAKKA
NESN
Difference
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Performance By Year
BAKKA, NESN

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BAKKA
NESN
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