` Comparison: TPX.A, HEIO - Alpha Spread

TPX.A
vs
HEIO

Over the past 12 months, TPX.A has underperformed HEIO, delivering a return of -14% compared to the HEIO's +6% growth.

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TPX.A
HEIO
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Valuation Comparison

TPX.A Intrinsic Value
Not Available
HEIO Intrinsic Value
121.52 EUR
Undervaluation 50%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Molson Coors Canada Inc
TSX:TPX.A
72 CAD
Heineken Holding NV
AEX:HEIO
61.15 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
TPX.A, HEIO

TPX.A
HEIO
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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
Molson Coors Canada Inc
Revenue
Heineken Holding NV
Revenue

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

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Profitability Comparison

Free Cash Flow
TPX.A, HEIO

TPX.A
HEIO
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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
Molson Coors Canada Inc
TSX:TPX.A
Heineken Holding NV
AEX:HEIO
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What is Free Cash Flow?

Gross Margin

TPX.A
0%
HEIO
35.1%

Operating Margin

TPX.A
18.1%
HEIO
11.4%

Net Margin

TPX.A
1.5%
HEIO
3.2%

FCF Margin

TPX.A
4.9%
HEIO
9.2%

ROE

TPX.A
3.1%
HEIO
10.3%

ROA

TPX.A
1%
HEIO
1.8%

ROIC

TPX.A
-2.9%
HEIO
5.8%

ROCE

TPX.A
15.9%
HEIO
8.8%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
TPX.A, HEIO

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Performance Gap
TPX.A, HEIO

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TPX.A
HEIO
Difference
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Performance By Year
TPX.A, HEIO

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TPX.A
HEIO
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