` Comparison: PCE1, RCL - Alpha Spread

PCE1
vs
RCL

Over the past 12 months, PCE1 has underperformed RCL, delivering a return of -5% compared to the RCL's +23% growth.

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PCE1
RCL
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Valuation Comparison

PCE1 Intrinsic Value
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RCL Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Booking Holdings Inc
XBER:PCE1
4 612 EUR
Royal Caribbean Cruises Ltd
NYSE:RCL
295.6 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
PCE1, RCL

PCE1
RCL
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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
Booking Holdings Inc
Revenue
Royal Caribbean Cruises Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
PCE1, RCL

PCE1
RCL
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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
Booking Holdings Inc
XBER:PCE1
Royal Caribbean Cruises Ltd
NYSE:RCL
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What is Free Cash Flow?

Gross Margin

PCE1
0%
RCL
50.3%

Operating Margin

PCE1
35.3%
RCL
26.5%

Net Margin

PCE1
19.4%
RCL
23.3%

FCF Margin

PCE1
31.9%
RCL
11.7%

ROE

PCE1
-120.3%
RCL
47.5%

ROA

PCE1
17.8%
RCL
10.5%

ROIC

PCE1
86.8%
RCL
12.4%

ROCE

PCE1
77.3%
RCL
16.5%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
PCE1, RCL

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Performance Gap
PCE1, RCL

Performance Gap Between PCE1 and RCL
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Performance By Year
PCE1, RCL

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PCE1
RCL
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