` Comparison: SHP vs BREN - Alpha Spread

S
SHP
vs
B
BREN

Over the past 12 months, SHP has underperformed BREN, delivering a return of -7% compared to the BREN's +23% growth.

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SHP
BREN
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Valuation Comparison

SHP Intrinsic Value
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BREN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
S
Southern Hydropower JSC
VN:SHP
34 600 VND
B
Barito Renewables Energy PT Tbk
IDX:BREN
7 900 IDR
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
SHP, BREN

SHP
BREN
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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
S
Southern Hydropower JSC
Revenue
B
Barito Renewables Energy PT Tbk
Revenue

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

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Profitability Comparison

Free Cash Flow
SHP, BREN

SHP
BREN
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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
S
Southern Hydropower JSC
VN:SHP
B
Barito Renewables Energy PT Tbk
IDX:BREN
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What is Free Cash Flow?

Gross Margin

SHP
58.5%
BREN
0%

Operating Margin

SHP
52.7%
BREN
72.1%

Net Margin

SHP
42.4%
BREN
23.3%

FCF Margin

SHP
66%
BREN
13.1%

ROE

SHP
20.3%
BREN
25.3%

ROA

SHP
18.9%
BREN
3.7%

ROIC

SHP
22.5%
BREN
6.9%

ROCE

SHP
25.2%
BREN
12.7%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SHP, BREN

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Performance Gap
SHP, BREN

Performance Gap Between SHP and BREN
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Performance By Year
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SHP
BREN
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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