` Comparison: CTC vs RCL - Alpha Spread

H
CTC
vs
RCL

Over the past 12 months, CTC has underperformed RCL, delivering a return of 0% compared to the RCL's +29% growth.

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CTC
RCL
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Valuation Comparison

H
CTC Intrinsic Value
1 823.46 VND
Undervaluation 29%
Intrinsic Value
Price
RCL Intrinsic Value
297.75 USD
Undervaluation 2%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
H
Hoang Kim Tay Nguyen Group JSC
VN:CTC
1 300 VND
Royal Caribbean Cruises Ltd
NYSE:RCL
292.47 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CTC, RCL

CTC
RCL
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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
H
Hoang Kim Tay Nguyen Group JSC
Revenue
Royal Caribbean Cruises Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
CTC, RCL

CTC
RCL
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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
H
Hoang Kim Tay Nguyen Group JSC
VN:CTC
Royal Caribbean Cruises Ltd
NYSE:RCL
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What is Free Cash Flow?

Gross Margin

CTC
-155%
RCL
50.6%

Operating Margin

CTC
-258.2%
RCL
27.4%

Net Margin

CTC
-590.1%
RCL
23.8%

FCF Margin

CTC
-89%
RCL
6.9%

ROE

CTC
-13.4%
RCL
48.5%

ROA

CTC
-5.7%
RCL
10.8%

ROIC

CTC
-2.9%
RCL
12.8%

ROCE

CTC
-5.4%
RCL
17.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CTC, RCL

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Performance Gap
CTC, RCL

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CTC
RCL
Difference
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Performance By Year
CTC, RCL

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CTC
RCL
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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