` Comparison: UCM, HOLN - Alpha Spread

B
UCM
vs
HOLN

Over the past 12 months, UCM has underperformed HOLN, delivering a return of +43% compared to the HOLN's +77% growth.

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UCM
HOLN
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Valuation Comparison

B
UCM Intrinsic Value
75.27 EUR
Undervaluation 31%
Intrinsic Value
Price
HOLN Intrinsic Value
120.69 CHF
Undervaluation 36%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
B
Buzzi SpA
SWB:UCM
51.85 EUR
Holcim AG
SIX:HOLN
77.14 CHF
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
UCM, HOLN

UCM
HOLN
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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
B
Buzzi SpA
Revenue
Holcim AG
Revenue

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

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Profitability Comparison

Free Cash Flow
UCM, HOLN

UCM
HOLN
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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
B
Buzzi SpA
SWB:UCM
Holcim AG
SIX:HOLN
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What is Free Cash Flow?

Gross Margin

UCM
51.7%
HOLN
44.7%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

Operating Margin

UCM
37.1%
HOLN
17.3%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

Net Margin

UCM
36.5%
HOLN
71.8%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

FCF Margin

UCM
8.9%
HOLN
17.1%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

ROE

UCM
32.5%
HOLN
75.4%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

ROA

UCM
24.2%
HOLN
35.7%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

ROIC

UCM
28.2%
HOLN
7.9%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

ROCE

UCM
27.5%
HOLN
10.5%
LTM 3Y Avg 5Y Avg 10Y Avg
B
Buzzi SpA
Holcim AG

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
UCM, HOLN

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Performance Gap
UCM, HOLN

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UCM
HOLN
Difference
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Performance By Year
UCM, HOLN

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UCM
HOLN
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