` Comparison: BEKAY vs KIO - Alpha Spread

BEKAY
vs
K
KIO

Over the past 12 months, BEKAY has significantly outperformed KIO, delivering a return of +29% compared to the KIO's 1% drop.

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BEKAY
KIO
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Valuation Comparison

BEKAY Intrinsic Value
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KIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
NV Bekaert SA
OTC:BEKAY
4.524 USD
K
Kumba Iron Ore Ltd
JSE:KIO
35 208 Zac
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Valuation Scenario:
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Base Case
Bull Case

Growth Comparison

Growth Over Time
BEKAY, KIO

BEKAY
KIO
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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
NV Bekaert SA
Revenue
K
Kumba Iron Ore Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
BEKAY, KIO

BEKAY
KIO
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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
NV Bekaert SA
OTC:BEKAY
K
Kumba Iron Ore Ltd
JSE:KIO
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What is Free Cash Flow?

Gross Margin

BEKAY
16%
KIO
86.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

Operating Margin

BEKAY
8%
KIO
36.1%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

Net Margin

BEKAY
1.8%
KIO
20.8%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

FCF Margin

BEKAY
7.6%
KIO
24.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

ROE

BEKAY
3.1%
KIO
27.1%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

ROA

BEKAY
1.7%
KIO
14.4%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

ROIC

BEKAY
3.3%
KIO
24.8%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

ROCE

BEKAY
10.8%
KIO
28.5%
LTM 3Y Avg 5Y Avg 10Y Avg
NV Bekaert SA
K
Kumba Iron Ore Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BEKAY, KIO

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Performance Gap
BEKAY, KIO

Performance Gap Between BEKAY and KIO
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Performance By Year
BEKAY, KIO

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BEKAY
KIO
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

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