` Comparison: ORV, GFI - Alpha Spread

ORV
vs
G
GFI

Over the past 12 months, ORV has significantly outperformed GFI, delivering a return of +738% compared to the GFI's +209% growth.

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ORV
GFI
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Valuation Comparison

ORV Intrinsic Value
0.7 CAD
Overvaluation 68%
Intrinsic Value
Price
G
GFI Intrinsic Value
Not Available
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Orvana Minerals Corp
TSX:ORV
2.18 CAD
G
Gold Fields Ltd
JSE:GFI
78 462 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ORV, GFI

ORV
GFI
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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
Orvana Minerals Corp
Revenue
G
Gold Fields Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
ORV, GFI

ORV
GFI
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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
Orvana Minerals Corp
TSX:ORV
G
Gold Fields Ltd
JSE:GFI
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What is Free Cash Flow?

Gross Margin

ORV
25.3%
GFI
58%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

Operating Margin

ORV
16.4%
GFI
53.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

Net Margin

ORV
-12.4%
GFI
28.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

FCF Margin

ORV
-16.5%
GFI
18.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

ROE

ORV
-24.8%
GFI
35.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

ROA

ORV
-8.1%
GFI
19.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

ROIC

ORV
25%
GFI
25.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

ROCE

ORV
14.3%
GFI
40.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Orvana Minerals Corp
G
Gold Fields Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ORV, GFI

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Performance Gap
ORV, GFI

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ORV
GFI
Difference
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Performance By Year
ORV, GFI

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ORV
GFI
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