` Comparison: 9401, PARA - Alpha Spread

9401
vs
PARA

Over the past 12 months, TBS Holdings Inc has significantly outperformed PARA, delivering a return of +42% compared to the PARA's 0% drop.

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9401
PARA
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Valuation Comparison

Intrinsic Value
3 877.1 JPY
Overvaluation 30%
Intrinsic Value
Price
PARA Intrinsic Value
37.55 USD
Undervaluation 71%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
TBS Holdings Inc
TSE:9401
5 538 JPY
Paramount Global
NASDAQ:PARA
11.04 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
9401, PARA

9401
PARA
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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
TBS Holdings Inc
Revenue
Paramount Global
Revenue

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

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Profitability Comparison

Free Cash Flow
9401, PARA

9401
PARA
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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
TBS Holdings Inc
TSE:9401
Paramount Global
NASDAQ:PARA
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What is Free Cash Flow?

Gross Margin

TBS Holdings Inc
32.1%
PARA
33.3%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

Operating Margin

TBS Holdings Inc
5.2%
PARA
9.2%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

Net Margin

TBS Holdings Inc
11.6%
PARA
-19.1%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

FCF Margin

TBS Holdings Inc
-0.8%
PARA
1.4%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

ROE

TBS Holdings Inc
4.4%
PARA
-28.5%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

ROA

TBS Holdings Inc
3.2%
PARA
-11.3%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

ROIC

TBS Holdings Inc
1%
PARA
5.8%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

ROCE

TBS Holdings Inc
1.5%
PARA
6.7%
LTM 3Y Avg 5Y Avg 10Y Avg
TBS Holdings Inc
Paramount Global

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
9401, PARA

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Performance Gap
9401, PARA

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9401
PARA
Difference
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Performance By Year
9401, PARA

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9401
PARA
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