` Comparison: UBI, SE - Alpha Spread

UBI
vs
SE

Over the past 12 months, UBI has underperformed SE, delivering a return of -50% compared to the SE's +12% growth.

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UBI
SE
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Valuation Comparison

UBI Intrinsic Value
18.664 EUR
Undervaluation 66%
Intrinsic Value
Price
SE Intrinsic Value
197.85 USD
Undervaluation 38%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Ubisoft Entertainment SA
PAR:UBI
6.382 EUR
Sea Ltd
NYSE:SE
121.97 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
UBI, SE

Revenue
www.alphaspread.com
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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
Ubisoft Entertainment SA
Revenue
Sea Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
UBI, SE

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Ubisoft Entertainment SA
PAR:UBI
Sea Ltd
NYSE:SE
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What is Free Cash Flow?

Gross Margin

UBI
89.3%
SE
44.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

Operating Margin

UBI
-1.6%
SE
8.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

Net Margin

UBI
-8.4%
SE
6.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

FCF Margin

UBI
50.9%
SE
21.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

ROE

UBI
-8.7%
SE
15.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

ROA

UBI
-3.2%
SE
5.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

ROIC

UBI
-0.9%
SE
8.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

ROCE

UBI
-0.8%
SE
14.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Ubisoft Entertainment SA
Sea Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
UBI, SE

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Performance Gap
UBI, SE

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UBI
SE
Difference
www.alphaspread.com

Performance By Year
UBI, SE

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