` Comparison: V vs HAL - Alpha Spread

V
V
vs
HAL

Over the past 12 months, V has underperformed HAL, delivering a return of -14% compared to the HAL's +40% growth.

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V
HAL
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Valuation Comparison

V
V Intrinsic Value
Not Available
HAL Intrinsic Value
159.36 EUR
Overvaluation 8%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
V
Vantage Equities Inc
XPHS:V
0.99 PHP
HAL Trust
AEX:HAL
172.8 EUR
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
V, HAL

Revenue
www.alphaspread.com
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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
V
Vantage Equities Inc
Revenue
HAL Trust
Revenue

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

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Profitability Comparison

Free Cash Flow
V, HAL

Free Cash Flow
www.alphaspread.com
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Company LTM Average Historical Growth FCF Margin Conversion
3 Years 5 Years 3 Years 5 Years 10 Years
V
Vantage Equities Inc
XPHS:V
HAL Trust
AEX:HAL
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What is Free Cash Flow?

Gross Margin

V
76.3%
HAL
58.4%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

Operating Margin

V
48.6%
HAL
14.9%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

Net Margin

V
20.8%
HAL
13.1%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

FCF Margin

V
179.2%
HAL
8.9%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

ROE

V
1.4%
HAL
11.9%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

ROA

V
1.2%
HAL
6.4%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

ROIC

V
53.3%
HAL
7.8%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

ROCE

V
2.9%
HAL
9.2%
LTM 3Y Avg 5Y Avg 10Y Avg
V
Vantage Equities Inc
HAL Trust

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
V, HAL

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Performance Gap
V, HAL

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V
HAL
Difference
www.alphaspread.com

Performance By Year
V, HAL

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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