` Comparison: RAFI, INVE B - Alpha Spread

R
RAFI
vs
INVE B

Over the past 12 months, RAFI has underperformed INVE B, delivering a return of -13% compared to the INVE B's +4% growth.

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RAFI
INVE B
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Valuation Comparison

R
RAFI Intrinsic Value
5.94 USD
Undervaluation 33%
Intrinsic Value
Price
INVE B Intrinsic Value
361.73 SEK
Undervaluation 12%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
R
Regency Affiliates Inc
OTC:RAFI
4 USD
Investor AB
STO:INVE B
320 SEK
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
RAFI, INVE B

RAFI
INVE B
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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
R
Regency Affiliates Inc
Revenue
Investor AB
Revenue

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

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Profitability Comparison

Free Cash Flow
RAFI, INVE B

RAFI
INVE B
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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
R
Regency Affiliates Inc
OTC:RAFI
Investor AB
STO:INVE B
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What is Free Cash Flow?

Gross Margin

RAFI
67.3%
INVE B
58.6%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

Operating Margin

RAFI
12.4%
INVE B
31.3%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

Net Margin

RAFI
-32.8%
INVE B
86.9%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

FCF Margin

RAFI
0.4%
INVE B
22.8%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

ROE

RAFI
-2.9%
INVE B
8.3%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

ROA

RAFI
-1.9%
INVE B
7.2%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

ROIC

RAFI
0.8%
INVE B
2.6%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

ROCE

RAFI
0.9%
INVE B
2.6%
LTM 3Y Avg 5Y Avg 10Y Avg
R
Regency Affiliates Inc
Investor AB

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
RAFI, INVE B

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RAFI
INVE B
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Performance Gap
RAFI, INVE B

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RAFI
INVE B
Difference
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Performance By Year
RAFI, INVE B

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RAFI
INVE B
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