` Comparison: SPM, DIS - Alpha Spread

SPM
vs
DIS

Over the past 12 months, SPM has underperformed DIS, delivering a return of -10% compared to the DIS's 8% drop.

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SPM
DIS
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Valuation Comparison

SPM Intrinsic Value
6.17 EUR
Undervaluation 82%
Intrinsic Value
Price
DIS Intrinsic Value
143.67 USD
Undervaluation 27%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Splendid Medien AG
XETRA:SPM
1.12 EUR
Walt Disney Co
NYSE:DIS
105.3 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
SPM, DIS

SPM
DIS
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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
Splendid Medien AG
Revenue
Walt Disney Co
Revenue

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

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Profitability Comparison

Free Cash Flow
SPM, DIS

SPM
DIS
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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
Splendid Medien AG
XETRA:SPM
Walt Disney Co
NYSE:DIS
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What is Free Cash Flow?

Gross Margin

SPM
37.6%
DIS
37.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

Operating Margin

SPM
8.8%
DIS
14.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

Net Margin

SPM
6%
DIS
13.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

FCF Margin

SPM
13.9%
DIS
10.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

ROE

SPM
21.9%
DIS
11.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

ROA

SPM
7.8%
DIS
6.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

ROIC

SPM
15.7%
DIS
9.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

ROCE

SPM
29%
DIS
8.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Splendid Medien AG
Walt Disney Co

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
SPM, DIS

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Performance Gap
SPM, DIS

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SPM
DIS
Difference
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Performance By Year
SPM, DIS

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SPM
DIS
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