` Comparison: J5A, UMG - Alpha Spread

J5A
vs
UMG

Over the past 12 months, J5A has significantly outperformed UMG, delivering a return of +134% compared to the UMG's 10% drop.

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J5A
UMG
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Valuation Comparison

J5A Intrinsic Value
21.58 EUR
Overvaluation 9%
Intrinsic Value
Price
UMG Intrinsic Value
24.34 EUR
Undervaluation 10%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Warner Bros Discovery Inc
XMUN:J5A
23.76 EUR
Universal Music Group NV
AEX:UMG
22 EUR
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
J5A, UMG

J5A
UMG
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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
Warner Bros Discovery Inc
Revenue
Universal Music Group NV
Revenue

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

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Profitability Comparison

Free Cash Flow
J5A, UMG

J5A
UMG
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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
Warner Bros Discovery Inc
XMUN:J5A
Universal Music Group NV
AEX:UMG
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What is Free Cash Flow?

Gross Margin

J5A
44.9%
UMG
0%

Operating Margin

J5A
4.6%
UMG
32.8%

Net Margin

J5A
1.3%
UMG
37%

FCF Margin

J5A
10.9%
UMG
11.1%

ROE

J5A
1.4%
UMG
135.4%

ROA

J5A
0.5%
UMG
33.6%

ROIC

J5A
0.4%
UMG
47.3%

ROCE

J5A
2%
UMG
52.2%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
J5A, UMG

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Performance Gap
J5A, UMG

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J5A
UMG
Difference
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Performance By Year
J5A, UMG

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J5A
UMG
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