` Comparison: NNN1, 3690 - Alpha Spread

NNN1
vs
3690

Over the past 12 months, NNN1 has significantly outperformed Meituan, delivering a return of +48% compared to the Meituan's 29% drop.

Valuation Growth Profitability Solvency Stocks Performance
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NNN1
3690
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Stocks Compared:
NNN1 3690
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Valuation Comparison

NNN1 Intrinsic Value
69.88 EUR
Undervaluation 2%
Intrinsic Value
Price
Intrinsic Value
144.75 HKD
Undervaluation 28%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Tencent Holdings Ltd
XMUN:NNN1
68.5 EUR
Meituan
HKEX:3690
104.5 HKD
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Valuation Scenario:
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Growth Comparison

Growth Over Time
NNN1, 3690

NNN1
3690
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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
Tencent Holdings Ltd
Revenue
Meituan
Revenue

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

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Profitability Comparison

Free Cash Flow
NNN1, 3690

NNN1
3690
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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
Tencent Holdings Ltd
XMUN:NNN1
Meituan
HKEX:3690
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What is Free Cash Flow?

Gross Margin

NNN1
55.5%
Meituan
33.5%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

Operating Margin

NNN1
31.9%
Meituan
-0.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

Net Margin

NNN1
29.9%
Meituan
-0.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

FCF Margin

NNN1
26.7%
Meituan
8.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

ROE

NNN1
21.5%
Meituan
-1.2%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

ROA

NNN1
11.7%
Meituan
-0.7%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

ROIC

NNN1
14.1%
Meituan
-2.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

ROCE

NNN1
16.1%
Meituan
-1.3%
LTM 3Y Avg 5Y Avg 10Y Avg
Tencent Holdings Ltd
Meituan

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
NNN1, 3690

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NNN1
3690
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1Y 3Y 5Y 10Y 15Y 20Y
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Performance Gap
NNN1, 3690

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NNN1
3690
Difference
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1Y 3Y 5Y 10Y 15Y 20Y

Performance By Year
NNN1, 3690

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NNN1
3690
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