` Comparison: SES, CARIMIN - Alpha Spread

SES
vs
C
CARIMIN

Over the past 12 months, SES has underperformed CARIMIN, delivering a return of +6% compared to the CARIMIN's +363 210% growth.

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SES
CARIMIN
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Valuation Comparison

SES Intrinsic Value
15.93 CAD
Overvaluation 8%
Intrinsic Value
Price
C
CARIMIN Intrinsic Value
Not Available
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Secure Energy Services Inc
TSX:SES
17.27 CAD
C
Carimin Petroleum Bhd
KLSE:CARIMIN
2 836 MYR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
SES, CARIMIN

SES
CARIMIN
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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
Secure Energy Services Inc
Revenue
C
Carimin Petroleum Bhd
Revenue

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

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Profitability Comparison

Free Cash Flow
SES, CARIMIN

SES
CARIMIN
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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
Secure Energy Services Inc
TSX:SES
C
Carimin Petroleum Bhd
KLSE:CARIMIN
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What is Free Cash Flow?

Gross Margin

SES
4%
CARIMIN
10.8%

Operating Margin

SES
2.6%
CARIMIN
2.9%

Net Margin

SES
1%
CARIMIN
0.7%

FCF Margin

SES
1%
CARIMIN
-2.8%

ROE

SES
11.4%
CARIMIN
0.8%

ROA

SES
4.4%
CARIMIN
0.5%

ROIC

SES
10.7%
CARIMIN
0.8%

ROCE

SES
14.7%
CARIMIN
2.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SES, CARIMIN

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SES
CARIMIN
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Performance Gap
SES, CARIMIN

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SES
CARIMIN
Difference
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Performance By Year
SES, CARIMIN

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SES
CARIMIN
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