` Comparison: LLY, JNJ - Alpha Spread

LLY
vs
JNJ

Over the past 12 months, LLY has underperformed JNJ, delivering a return of +22% compared to the JNJ's +46% growth.

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LLY
JNJ
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Valuation Comparison

LLY Intrinsic Value
349.63 EUR
Overvaluation 63%
Intrinsic Value
Price
JNJ Intrinsic Value
176.47 USD
Overvaluation 15%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Eli Lilly and Co
XHAM:LLY
940.5 EUR
Johnson & Johnson
NYSE:JNJ
207.49 USD
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Valuation Scenario:
Bear Case
Base Case
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Growth Comparison

Growth Over Time
LLY, JNJ

LLY
JNJ
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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
Eli Lilly and Co
Revenue
Johnson & Johnson
Revenue

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

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Profitability Comparison

Free Cash Flow
LLY, JNJ

LLY
JNJ
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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
Eli Lilly and Co
XHAM:LLY
Johnson & Johnson
NYSE:JNJ
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What is Free Cash Flow?

Gross Margin

LLY
83%
JNJ
68.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

Operating Margin

LLY
44.4%
JNJ
27%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

Net Margin

LLY
31%
JNJ
27.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

FCF Margin

LLY
10.8%
JNJ
21.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

ROE

LLY
96.8%
JNJ
33.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

ROA

LLY
19.3%
JNJ
13.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

ROIC

LLY
25.4%
JNJ
12.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

ROCE

LLY
42%
JNJ
18.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Eli Lilly and Co
Johnson & Johnson

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
LLY, JNJ

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Performance Gap
LLY, JNJ

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LLY
JNJ
Difference
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Performance By Year
LLY, JNJ

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LLY
JNJ
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