` Comparison: VLRT vs IBKR - Alpha Spread

VLRT
vs
IBKR

Over the past 12 months, VLRT has underperformed IBKR, delivering a return of -9% compared to the IBKR's +55% growth.

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VLRT
IBKR
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Valuation Comparison

VLRT Intrinsic Value
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IBKR Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Valartis Group AG
SIX:VLRT
11.2 CHF
Interactive Brokers Group Inc
NASDAQ:IBKR
64.95 USD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
VLRT, IBKR

VLRT
IBKR
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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
Valartis Group AG
Revenue
Interactive Brokers Group Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
VLRT, IBKR

VLRT
IBKR
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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
Valartis Group AG
SIX:VLRT
Interactive Brokers Group Inc
NASDAQ:IBKR
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What is Free Cash Flow?

Gross Margin

VLRT
0%
IBKR
55.5%

Operating Margin

VLRT
51.2%
IBKR
45.8%

Net Margin

VLRT
46.3%
IBKR
9.4%

FCF Margin

VLRT
-25.2%
IBKR
151%

ROE

VLRT
8.8%
IBKR
20.4%

ROA

VLRT
5.8%
IBKR
0.6%

ROIC

VLRT
7.7%
IBKR
12%

ROCE

VLRT
7.3%
IBKR
25%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
VLRT, IBKR

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Performance Gap
VLRT, IBKR

Performance Gap Between VLRT and IBKR
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Performance By Year
VLRT, IBKR

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VLRT
IBKR
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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