` Comparison: AI vs PKN - Alpha Spread

A
AI
vs
O
PKN

Over the past 12 months, AI has underperformed PKN, delivering a return of -12% compared to the PKN's +91% growth.

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AI
PKN
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Valuation Comparison

AI Intrinsic Value
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PKN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
A
Asian Insulators PCL
SET:AI
2.92 THB
O
Orlen SA
PSE:PKN
748.8 CZK
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
AI, PKN

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
A
Asian Insulators PCL
Revenue
O
Orlen SA
Revenue

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

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Profitability Comparison

Free Cash Flow
AI, PKN

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
A
Asian Insulators PCL
SET:AI
O
Orlen SA
PSE:PKN
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What is Free Cash Flow?

Gross Margin

AI
3.4%
PKN
17.4%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

Operating Margin

AI
1%
PKN
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

Net Margin

AI
0.8%
PKN
4.2%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

FCF Margin

AI
3.1%
PKN
6.5%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

ROE

AI
2.8%
PKN
7.5%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

ROA

AI
1.7%
PKN
4.2%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

ROIC

AI
2.6%
PKN
8.2%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

ROCE

AI
2.4%
PKN
12.9%
LTM 3Y Avg 5Y Avg 10Y Avg
A
Asian Insulators PCL
O
Orlen SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
AI, PKN

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Performance Gap
AI, PKN

Performance Gap Between AI and PKN
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Performance By Year
AI, 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