` Comparison: MAC vs AENA - Alpha Spread

M
MAC
vs
AENA

Over the past 12 months, MAC has underperformed AENA, delivering a return of -13% compared to the AENA's +33% growth.

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MAC
AENA
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Valuation Comparison

MAC Intrinsic Value
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AENA Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
M
MacroAsia Corp
XPHS:MAC
4.62 PHP
Aena SME SA
MAD:AENA
27.12 EUR
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Valuation Scenario:
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Growth Comparison

Growth Over Time
MAC, AENA

MAC
AENA
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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
M
MacroAsia Corp
Revenue
Aena SME SA
Revenue

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

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Profitability Comparison

Free Cash Flow
MAC, AENA

MAC
AENA
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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
M
MacroAsia Corp
XPHS:MAC
Aena SME SA
MAD:AENA
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What is Free Cash Flow?

Gross Margin

MAC
21.1%
AENA
97.5%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

Operating Margin

MAC
4.4%
AENA
46.1%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

Net Margin

MAC
11.9%
AENA
33.7%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

FCF Margin

MAC
-6.9%
AENA
32.7%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

ROE

MAC
15.7%
AENA
25%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

ROA

MAC
7.9%
AENA
11.9%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

ROIC

MAC
3.6%
AENA
14.9%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

ROCE

MAC
3.8%
AENA
19.3%
LTM 3Y Avg 5Y Avg 10Y Avg
M
MacroAsia Corp
Aena SME SA

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
MAC, AENA

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Performance Gap
MAC, AENA

Performance Gap Between MAC and AENA
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Performance By Year
MAC, AENA

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MAC
AENA
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