` Comparison: ERT vs SE - Alpha Spread

ERT
vs
SE

Over the past 12 months, ERT has significantly outperformed SE, delivering a return of +32% compared to the SE's 14% drop.

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ERT
SE
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Valuation Comparison

ERT Intrinsic Value
138.93 EUR
Overvaluation 18%
Intrinsic Value
Price
SE Intrinsic Value
Not Available
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Electronic Arts Inc
XHAM:ERT
168.44 EUR
Sea Ltd
NYSE:SE
107.74 USD
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
ERT, SE

Revenue
www.alphaspread.com
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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
Electronic Arts Inc
Revenue
Sea Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
ERT, SE

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
Electronic Arts Inc
XHAM:ERT
Sea Ltd
NYSE:SE
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What is Free Cash Flow?

Gross Margin

ERT
78.8%
SE
44.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

Operating Margin

ERT
17.1%
SE
8.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

Net Margin

ERT
12.1%
SE
6.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

FCF Margin

ERT
22.7%
SE
21.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

ROE

ERT
13.2%
SE
15.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

ROA

ERT
7.1%
SE
5.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

ROIC

ERT
8.3%
SE
8.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

ROCE

ERT
13.2%
SE
14.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Electronic Arts Inc
Sea Ltd

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
ERT, SE

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Performance Gap
ERT, SE

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ERT
SE
Difference
www.alphaspread.com

Performance By Year
ERT, SE

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