` Comparison: 1234 vs PEP - Alpha Spread

1234
vs
PEP

Over the past 12 months, Hey-Song Corp has underperformed PEP, delivering a return of -10% compared to the PEP's +10% growth.

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1234
PEP
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Valuation Comparison

Intrinsic Value
35.84 TWD
Overvaluation 4%
Intrinsic Value
Price
PEP Intrinsic Value
162 USD
Overvaluation 5%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Hey-Song Corp
TWSE:1234
37.3 TWD
PepsiCo Inc
NASDAQ:PEP
169.67 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
1234, PEP

1234
PEP
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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
Hey-Song Corp
Revenue
PepsiCo Inc
Revenue

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

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Profitability Comparison

Free Cash Flow
1234, PEP

1234
PEP
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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
Hey-Song Corp
TWSE:1234
PepsiCo Inc
NASDAQ:PEP
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What is Free Cash Flow?

Gross Margin

Hey-Song Corp
28.6%
PEP
54.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

Operating Margin

Hey-Song Corp
3.9%
PEP
15.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

Net Margin

Hey-Song Corp
8.2%
PEP
8.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

FCF Margin

Hey-Song Corp
2.5%
PEP
8.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

ROE

Hey-Song Corp
4.2%
PEP
41.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

ROA

Hey-Song Corp
3.3%
PEP
7.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

ROIC

Hey-Song Corp
1.3%
PEP
17.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

ROCE

Hey-Song Corp
1.8%
PEP
20.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Hey-Song Corp
PepsiCo Inc

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
1234, PEP

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Performance Gap
1234, PEP

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1234
PEP
Difference
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Performance By Year
1234, PEP

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PEP
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett