` Comparison: SMB vs HEIO - Alpha Spread

S
SMB
vs
HEIO

Over the past 12 months, SMB has underperformed HEIO, delivering a return of -5% compared to the HEIO's +4% growth.

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SMB
HEIO
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Valuation Comparison

SMB Intrinsic Value
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HEIO Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
S
Sai Gon Mien Trung Beer JSC
VN:SMB
39 400 VND
Heineken Holding NV
AEX:HEIO
72.95 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
SMB, HEIO

SMB
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
S
Sai Gon Mien Trung Beer JSC
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
SMB, HEIO

SMB
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
S
Sai Gon Mien Trung Beer JSC
VN:SMB
Heineken Holding NV
AEX:HEIO
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What is Free Cash Flow?

Gross Margin

SMB
31.5%
HEIO
64.4%

Operating Margin

SMB
15.1%
HEIO
11.6%

Net Margin

SMB
13%
HEIO
3.3%

FCF Margin

SMB
13.3%
HEIO
9.1%

ROE

SMB
28.8%
HEIO
10.5%

ROA

SMB
17%
HEIO
1.8%

ROIC

SMB
27.7%
HEIO
5.9%

ROCE

SMB
32.7%
HEIO
8.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SMB, HEIO

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Performance Gap
SMB, HEIO

Performance Gap Between SMB and HEIO
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Performance By Year
SMB, HEIO

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SMB
HEIO
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Compare SMB to other stocks
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ABI
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HEIA
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ABEV3
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