` Comparison: SII, KKR - Alpha Spread

SII
vs
KKR

Over the past 12 months, SII has significantly outperformed KKR, delivering a return of +106% compared to the KKR's 13% drop.

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SII
KKR
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Valuation Comparison

SII Intrinsic Value
77.12 CAD
Overvaluation 40%
Intrinsic Value
Price
KKR Intrinsic Value
119.83 USD
Overvaluation 12%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Sprott Inc
TSX:SII
129.12 CAD
KKR & Co Inc
NYSE:KKR
136.6 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
SII, KKR

SII
KKR
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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
Sprott Inc
Revenue
KKR & Co Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
SII, KKR

SII
KKR
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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
Sprott Inc
TSX:SII
KKR & Co Inc
NYSE:KKR
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What is Free Cash Flow?

Gross Margin

SII
0%
KKR
39.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

Operating Margin

SII
32.5%
KKR
2.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

Net Margin

SII
23.3%
KKR
12.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

FCF Margin

SII
32.7%
KKR
28.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

ROE

SII
14.9%
KKR
8.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

ROA

SII
11.5%
KKR
0.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

ROIC

SII
14.1%
KKR
0.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

ROCE

SII
17.6%
KKR
0.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Sprott Inc
KKR & Co Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SII, KKR

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Performance Gap
SII, KKR

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SII
KKR
Difference
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Performance By Year
SII, KKR

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SII
KKR
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