` Comparison: CARM vs REG - Alpha Spread

CARM
vs
REG

Over the past 12 months, CARM has underperformed REG, delivering a return of -4% compared to the REG's +3% growth.

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CARM
REG
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Valuation Comparison

CARM Intrinsic Value
47.81 EUR
Undervaluation 65%
Intrinsic Value
Price
REG Intrinsic Value
64.24 USD
Overvaluation 14%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Carmila SA
PAR:CARM
16.68 EUR
Regency Centers Corp
NASDAQ:REG
74.65 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CARM, REG

CARM
REG
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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
Carmila SA
Revenue
Regency Centers Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
CARM, REG

CARM
REG
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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
Carmila SA
PAR:CARM
Regency Centers Corp
NASDAQ:REG
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What is Free Cash Flow?

Gross Margin

CARM
74.1%
REG
70.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

Operating Margin

CARM
62.3%
REG
37.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

Net Margin

CARM
34.1%
REG
33.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

FCF Margin

CARM
56%
REG
15.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

ROE

CARM
5.4%
REG
7.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

ROA

CARM
2.8%
REG
4%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

ROIC

CARM
4.7%
REG
4.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

ROCE

CARM
5.3%
REG
4.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Carmila SA
Regency Centers Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CARM, REG

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Performance Gap
CARM, REG

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CARM
REG
Difference
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Performance By Year
CARM, REG

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CARM
REG
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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