` Comparison: HLPMF vs PKN - Alpha Spread

HLPMF
vs
PKN

Over the past 12 months, HLPMF has underperformed PKN, delivering a return of +39% compared to the PKN's +88% growth.

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HLPMF
PKN
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Valuation Comparison

HLPMF 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
Hellenic Petroleum Holdings SA
OTC:HLPMF
10.56 USD
Polski Koncern Naftowy Orlen SA
WSE:PKN
128.64 PLN
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
HLPMF, PKN

HLPMF
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
Hellenic Petroleum Holdings SA
Revenue
Polski Koncern Naftowy Orlen SA
Revenue

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

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Profitability Comparison

Free Cash Flow
HLPMF, PKN

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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
Hellenic Petroleum Holdings SA
OTC:HLPMF
Polski Koncern Naftowy Orlen SA
WSE:PKN
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What is Free Cash Flow?

Gross Margin

HLPMF
9.8%
PKN
17.4%

Operating Margin

HLPMF
3.5%
PKN
9.9%

Net Margin

HLPMF
1.5%
PKN
4.2%

FCF Margin

HLPMF
0.8%
PKN
6.5%

ROE

HLPMF
6.4%
PKN
7.5%

ROA

HLPMF
2.1%
PKN
4.2%

ROIC

HLPMF
4.6%
PKN
8.2%

ROCE

HLPMF
7%
PKN
12.9%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
HLPMF, PKN

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Performance Gap
HLPMF, PKN

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

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HLPMF
PKN
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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