` Comparison: 2413, WAY - Alpha Spread

2413
vs
W
WAY

Over the past 12 months, M3 Inc has significantly outperformed WAY, delivering a return of +53% compared to the WAY's +14% growth.

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2413
WAY
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2413 WAY
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Valuation Comparison

Intrinsic Value
1 966.91 JPY
Overvaluation 12%
Intrinsic Value
Price
W
WAY Intrinsic Value
34.53 USD
Overvaluation 2%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
M3 Inc
TSE:2413
2 229 JPY
W
Waystar Holding Corp
NASDAQ:WAY
35.4 USD
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Growth Comparison

Growth Over Time
2413, WAY

2413
WAY
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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
M3 Inc
Revenue
W
Waystar Holding Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
2413, WAY

2413
WAY
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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
M3 Inc
TSE:2413
W
Waystar Holding Corp
NASDAQ:WAY
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What is Free Cash Flow?

Gross Margin

M3 Inc
52.7%
WAY
67.8%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

Operating Margin

M3 Inc
20.5%
WAY
23.4%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

Net Margin

M3 Inc
13.4%
WAY
10.7%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

FCF Margin

M3 Inc
13.9%
WAY
27.4%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

ROE

M3 Inc
11.1%
WAY
3.5%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

ROA

M3 Inc
7.6%
WAY
2.4%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

ROIC

M3 Inc
12.7%
WAY
3.7%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

ROCE

M3 Inc
13.4%
WAY
5.4%
LTM 3Y Avg 5Y Avg 10Y Avg
M3 Inc
W
Waystar Holding Corp

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
2413, WAY

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2413
WAY
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Performance Gap
2413, WAY

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2413
WAY
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
2413, WAY

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2413
WAY
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