` Comparison: CBA vs RACE - Alpha Spread

CBA
vs
RACE

Over the past 12 months, CBA has underperformed RACE, delivering a return of 0% compared to the RACE's 37% drop.

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CBA
RACE
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Valuation Comparison

CBA Intrinsic Value
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RACE Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Brilliance China Automotive Holdings Ltd
XBER:CBA
0.7744 EUR
Ferrari NV
MIL:RACE
305 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
CBA, RACE

CBA
RACE
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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
Brilliance China Automotive Holdings Ltd
Revenue
Ferrari NV
Revenue

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

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Profitability Comparison

Free Cash Flow
CBA, RACE

CBA
RACE
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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
Brilliance China Automotive Holdings Ltd
XBER:CBA
Ferrari NV
MIL:RACE
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What is Free Cash Flow?

Gross Margin

CBA
16.1%
RACE
51.3%

Operating Margin

CBA
-24.5%
RACE
29%

Net Margin

CBA
292.1%
RACE
22.6%

FCF Margin

CBA
17.8%
RACE
19.1%

ROE

CBA
13.4%
RACE
45%

ROA

CBA
8.8%
RACE
17.3%

ROIC

CBA
-1.2%
RACE
23.5%

ROCE

CBA
-1.1%
RACE
29%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
CBA, RACE

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Performance Gap
CBA, RACE

Performance Gap Between CBA and RACE
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Performance By Year
CBA, RACE

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CBA
RACE
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