` Comparison: EMA vs RIO - Alpha Spread

E
EMA
vs
RIO

Over the past 12 months, EMA has underperformed RIO, delivering a return of 0% compared to the RIO's +32% growth.

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EMA
RIO
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Valuation Comparison

E
EMA Intrinsic Value
Not Available
RIO Intrinsic Value
116.03 AUD
Overvaluation 29%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
E
Elemental Asia SA
WSE:EMA
33.9 PLN
Rio Tinto Ltd
ASX:RIO
163.51 AUD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
EMA, RIO

EMA
RIO
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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
E
Elemental Asia SA
Revenue
Rio Tinto Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
EMA, RIO

EMA
RIO
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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
E
Elemental Asia SA
WSE:EMA
Rio Tinto Ltd
ASX:RIO
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What is Free Cash Flow?

Gross Margin

EMA
2.6%
RIO
0%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

Operating Margin

EMA
-0.7%
RIO
25.8%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

Net Margin

EMA
-5.8%
RIO
19.1%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

FCF Margin

EMA
-5.3%
RIO
9.5%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

ROE

EMA
-77.3%
RIO
18.6%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

ROA

EMA
-13.8%
RIO
10.1%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

ROIC

EMA
-2.6%
RIO
11.8%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

ROCE

EMA
-5.2%
RIO
15.4%
LTM 3Y Avg 5Y Avg 10Y Avg
E
Elemental Asia SA
Rio Tinto Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
EMA, RIO

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Performance Gap
EMA, RIO

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EMA
RIO
Difference
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Performance By Year
EMA, RIO

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EMA
RIO
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Compare EMA to other stocks
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RIO
Rio Tinto PLC
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GLEN
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