` Comparison: 8303 vs MTB - Alpha Spread

8303
vs
MTB

Over the past 12 months, Shinsei Bank Ltd has underperformed MTB, delivering a return of 0% compared to the MTB's +13% growth.

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8303
MTB
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Valuation Comparison

Shinsei Bank Ltd Intrinsic Value
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MTB Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Shinsei Bank Ltd
TSE:8303
2 798 JPY
M&T Bank Corp
NYSE:MTB
200.12 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
8303, MTB

8303
MTB
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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
Shinsei Bank Ltd
Revenue
M&T Bank Corp
Revenue

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

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Profitability Comparison

Free Cash Flow
8303, MTB

8303
MTB
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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
Shinsei Bank Ltd
TSE:8303
FCF is not applicable for financial companies
M&T Bank Corp
NYSE:MTB
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

Shinsei Bank Ltd
MTB
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
Not applicable for financial companies
M&T Bank Corp
Not applicable for financial companies

Operating Margin

Shinsei Bank Ltd
MTB
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
Not applicable for financial companies
M&T Bank Corp
Not applicable for financial companies

Net Margin

Shinsei Bank Ltd
21.5%
MTB
27.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
M&T Bank Corp

FCF Margin

Shinsei Bank Ltd
MTB
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
Not applicable for financial companies
M&T Bank Corp
Not applicable for financial companies

ROE

Shinsei Bank Ltd
11%
MTB
9.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
M&T Bank Corp

ROA

Shinsei Bank Ltd
0.5%
MTB
1.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
M&T Bank Corp

ROIC

Shinsei Bank Ltd
MTB
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
Not applicable for financial companies
M&T Bank Corp
Not applicable for financial companies

ROCE

Shinsei Bank Ltd
MTB
LTM 3Y Avg 5Y Avg 10Y Avg
Shinsei Bank Ltd
Not applicable for financial companies
M&T Bank Corp
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
8303, MTB

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Performance Gap
8303, MTB

Performance Gap Between 8303 and MTB
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Performance By Year
8303, MTB

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8303
MTB
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Compare 8303 to other stocks
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PNC Financial Services Group I...
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FITB
Fifth Third Bancorp
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HBAN
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More expensive
vs Shinsei Bank Ltd
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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