` Comparison: BOR vs HEI - Alpha Spread
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B
BOR
vs
HEI

Over the past 12 months, BOR has underperformed HEI, delivering a return of -2% compared to the HEI's +49% growth.

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BOR
HEI
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Stocks Compared:
BOR HEI
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Valuation Comparison

BOR Intrinsic Value
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HEI Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
B
Borgestad ASA
OSE:BOR
18.2 NOK
HeidelbergCement AG
XETRA:HEI
205.8 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
BOR, HEI

BOR
HEI
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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
B
Borgestad ASA
Revenue
HeidelbergCement AG
Revenue

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

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Profitability Comparison

Free Cash Flow
BOR, HEI

BOR
HEI
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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
B
Borgestad ASA
OSE:BOR
HeidelbergCement AG
XETRA:HEI
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What is Free Cash Flow?

Gross Margin

BOR
54.4%
HEI
50.6%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

Operating Margin

BOR
7.9%
HEI
31.1%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

Net Margin

BOR
0.6%
HEI
28%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

FCF Margin

BOR
5.1%
HEI
6.9%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

ROE

BOR
1%
HEI
44%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

ROA

BOR
0.5%
HEI
21.9%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

ROIC

BOR
2.2%
HEI
25.3%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

ROCE

BOR
7.7%
HEI
30.5%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Borgestad ASA
HeidelbergCement AG

Solvency Comparison

B
Borgestad ASA
Equity Waterfall
Assets
Liabilities
Equity
What is Equity Waterfall?
HeidelbergCement AG
Equity Waterfall
Assets
Liabilities
Equity
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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BOR, HEI

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BOR
HEI
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Performance Gap
BOR, HEI

Performance Gap Between BOR and HEI
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Performance By Year
BOR, HEI

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BOR
HEI
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