` Comparison: ZVF vs NESN - Alpha Spread

ZVF
vs
NESN

Over the past 12 months, ZVF has significantly outperformed NESN, delivering a return of +17% compared to the NESN's 6% drop.

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ZVF
NESN
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Valuation Comparison

ZVF Intrinsic Value
0.414 EUR
Undervaluation 41%
Intrinsic Value
Price
NESN Intrinsic Value
105.01 CHF
Undervaluation 20%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Indofood Agri Resources Ltd
SWB:ZVF
0.246 EUR
Nestle SA
SIX:NESN
83.72 CHF
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ZVF, NESN

ZVF
NESN
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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
Indofood Agri Resources Ltd
Revenue
Nestle SA
Revenue

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

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Profitability Comparison

Free Cash Flow
ZVF, NESN

ZVF
NESN
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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
Indofood Agri Resources Ltd
SWB:ZVF
Nestle SA
SIX:NESN
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What is Free Cash Flow?

Gross Margin

ZVF
29.7%
NESN
46.4%

Operating Margin

ZVF
18.8%
NESN
16.5%

Net Margin

ZVF
6.3%
NESN
11.4%

FCF Margin

ZVF
7.5%
NESN
9.9%

ROE

ZVF
8.2%
NESN
33.4%

ROA

ZVF
3%
NESN
7.8%

ROIC

ZVF
8.2%
NESN
10.3%

ROCE

ZVF
11.8%
NESN
16.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ZVF, NESN

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Performance Gap
ZVF, NESN

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ZVF
NESN
Difference
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Performance By Year
ZVF, NESN

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ZVF
NESN
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