` Comparison: VPBN vs BLK - Alpha Spread

VPBN
vs
BLK

Over the past 12 months, VPBN has outperformed BLK, delivering a return of +2% compared to the BLK's 4% drop.

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VPBN
BLK
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Valuation Comparison

VPBN Intrinsic Value
171.38 CHF
Undervaluation 51%
Intrinsic Value
Price
BLK Intrinsic Value
908.87 USD
Overvaluation 2%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
VP Bank AG
SIX:VPBN
84.6 CHF
BlackRock Inc
NYSE:BLK
924.11 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
VPBN, BLK

VPBN
BLK
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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
VP Bank AG
Revenue
BlackRock Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
VPBN, BLK

VPBN
BLK
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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
VP Bank AG
SIX:VPBN
FCF is not applicable for financial companies
BlackRock Inc
NYSE:BLK
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What is Free Cash Flow?

Gross Margin

VPBN
BLK
81.6%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
BlackRock Inc

Operating Margin

VPBN
BLK
29.8%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
BlackRock Inc

Net Margin

VPBN
9.7%
BLK
22.9%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
BlackRock Inc

FCF Margin

VPBN
BLK
14.7%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
BlackRock Inc

ROE

VPBN
3.2%
BLK
10.7%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
BlackRock Inc

ROA

VPBN
0.3%
BLK
3.6%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
BlackRock Inc

ROIC

VPBN
BLK
4%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
BlackRock Inc

ROCE

VPBN
BLK
4.9%
LTM 3Y Avg 5Y Avg 10Y Avg
VP Bank AG
Not applicable for financial companies
BlackRock Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
VPBN, BLK

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Performance Gap
VPBN, BLK

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VPBN
BLK
Difference
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Performance By Year
VPBN, BLK

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VPBN
BLK
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Compare VPBN to other stocks
BX
Blackstone Inc
More expensive
vs VPBN
BN
Brookfield Corp
More expensive
vs VPBN
NY1
Ninety One Ltd
N
More expensive
vs VPBN
BK
Bank of New York Mellon Corp
More expensive
vs VPBN
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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