` Comparison: KEL vs NESN - Alpha Spread

K
KEL
vs
NESN

Over the past 12 months, KEL has underperformed NESN, delivering a return of -7% compared to the NESN's 1% drop.

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KEL
NESN
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Valuation Comparison

KEL Intrinsic Value
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NESN Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
K
Kellanova
XMUN:KEL
71.06 EUR
Nestle SA
SIX:NESN
73.94 CHF
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
KEL, NESN

KEL
NESN
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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
K
Kellanova
Revenue
Nestle SA
Revenue

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

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Profitability Comparison

Free Cash Flow
KEL, NESN

KEL
NESN
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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
K
Kellanova
XMUN:KEL
Nestle SA
SIX:NESN
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What is Free Cash Flow?

Gross Margin

KEL
40.9%
NESN
46.4%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

Operating Margin

KEL
17.4%
NESN
16.5%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

Net Margin

KEL
11.7%
NESN
11.4%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

FCF Margin

KEL
5.5%
NESN
9.9%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

ROE

KEL
39.6%
NESN
33.4%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

ROA

KEL
9.6%
NESN
7.8%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

ROIC

KEL
13.3%
NESN
10.3%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

ROCE

KEL
20.9%
NESN
16.7%
LTM 3Y Avg 5Y Avg 10Y Avg
K
Kellanova
Nestle SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
KEL, NESN

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Performance Gap
KEL, NESN

Performance Gap Between KEL and NESN
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Performance By Year
KEL, NESN

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KEL
NESN
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