` Comparison: OTM vs NESN - Alpha Spread

Z
OTM
vs
NESN

Over the past 12 months, OTM has significantly outperformed NESN, delivering a return of +19% compared to the NESN's 13% drop.

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OTM
NESN
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Valuation Comparison

Z
OTM Intrinsic Value
5.23 PLN
Undervaluation 2%
Intrinsic Value
Price zł5.1
NESN Intrinsic Value
111.79 CHF
Undervaluation 30%
Intrinsic Value
Price CHf78.42
Company Last Price Intrinsic Value DCF Value Multiples-Based Value Wall St Target
Z
Zaklady Przemyslu Cukierniczego Otmuchow SA
WSE:OTM
5.1 PLN
Nestle SA
SIX:NESN
78.42 CHF
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
OTM, NESN

OTM
NESN
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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
Z
Zaklady Przemyslu Cukierniczego Otmuchow SA
Revenue
Nestle SA
Revenue

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

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Profitability Comparison

Free Cash Flow
OTM, NESN

OTM
NESN
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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
Z
Zaklady Przemyslu Cukierniczego Otmuchow SA
WSE:OTM
Nestle SA
SIX:NESN
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What is Free Cash Flow?

Gross Margin

OTM
18.2%
NESN
45.6%

Operating Margin

OTM
3.1%
NESN
15.6%

Net Margin

OTM
0.9%
NESN
10.1%

FCF Margin

OTM
-5.3%
NESN
12.3%

ROE

OTM
2.5%
NESN
26.3%

ROA

OTM
1.3%
NESN
6.8%

ROIC

OTM
3.6%
NESN
10%

ROCE

OTM
7%
NESN
15.3%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
OTM, NESN

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Performance Gap
OTM, NESN

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OTM
NESN
Difference
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Performance By Year
OTM, NESN

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OTM
NESN
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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