` Comparison: BDO vs CPI - Alpha Spread

B
BDO
vs
C
CPI

Over the past 12 months, BDO has underperformed CPI, delivering a return of -8% compared to the CPI's +54% growth.

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BDO
CPI
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Valuation Comparison

BDO Intrinsic Value
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CPI Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
B
BDO Unibank Inc
XPHS:BDO
138.5 PHP
C
Capitec Bank Holdings Ltd
JSE:CPI
474 872 Zac
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
BDO, CPI

BDO
CPI
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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
B
BDO Unibank Inc
Revenue
C
Capitec Bank Holdings Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
BDO, CPI

BDO
CPI
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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
B
BDO Unibank Inc
XPHS:BDO
FCF is not applicable for financial companies
C
Capitec Bank Holdings Ltd
JSE:CPI
FCF is not applicable for financial companies
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What is Free Cash Flow?

Gross Margin

BDO
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
B
BDO Unibank Inc
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Operating Margin

BDO
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
B
BDO Unibank Inc
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Net Margin

BDO
28.5%
CPI
24.6%

FCF Margin

BDO
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
B
BDO Unibank Inc
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROE

BDO
14.1%
CPI
30.7%

ROA

BDO
1.7%
CPI
6.5%

ROIC

BDO
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
B
BDO Unibank Inc
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

ROCE

BDO
CPI
LTM 3Y Avg 5Y Avg 10Y Avg
B
BDO Unibank Inc
Not applicable for financial companies
C
Capitec Bank Holdings Ltd
Not applicable for financial companies

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
BDO, CPI

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Performance Gap
BDO, CPI

Performance Gap Between BDO and CPI
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Performance By Year
BDO, CPI

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BDO
CPI
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Compare BDO to other stocks
JPM
JPMorgan Chase & Co
More expensive
vs BDO
SBK
Standard Bank Group Ltd
S
More expensive
vs BDO
601398
Industrial and Commercia...
Cheaper
vs BDO
BAC
Bank of America Corp
More expensive
vs BDO
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Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett