` Comparison: DEFN vs 600111 - Alpha Spread

DEFN
vs
C
600111

Over the past 12 months, DEFN has underperformed China Northern Rare Earth Group High-Tech Co Ltd, delivering a return of +44% compared to the China Northern Rare Earth Group High-Tech Co Ltd's +105% growth.

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DEFN
600111
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Valuation Comparison

DEFN Intrinsic Value
0.04 CAD
Overvaluation 82%
Intrinsic Value
Price
C
Intrinsic Value
27.35 CNY
Overvaluation 43%
Intrinsic Value
Price
Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Defense Metals Corp
XTSX:DEFN
0.23 CAD
C
China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
47.82 CNY
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Valuation Scenario:
Bear Case
Base Case
Bull Case

Growth Comparison

Growth Over Time
DEFN, 600111

DEFN
600111
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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
Defense Metals Corp
Revenue
C
China Northern Rare Earth Group High-Tech Co Ltd
Revenue

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

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Profitability Comparison

Free Cash Flow
DEFN, 600111

DEFN
600111
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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
Defense Metals Corp
XTSX:DEFN
C
China Northern Rare Earth Group High-Tech Co Ltd
SSE:600111
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What is Free Cash Flow?

Gross Margin

DEFN
0%
China Northern Rare Earth Group High-Tech Co Ltd
11.4%

Operating Margin

DEFN
0%
China Northern Rare Earth Group High-Tech Co Ltd
8%

Net Margin

DEFN
0%
China Northern Rare Earth Group High-Tech Co Ltd
5.1%

FCF Margin

DEFN
0%
China Northern Rare Earth Group High-Tech Co Ltd
1.2%

ROE

DEFN
-10%
China Northern Rare Earth Group High-Tech Co Ltd
9.4%

ROA

DEFN
-9.3%
China Northern Rare Earth Group High-Tech Co Ltd
4.8%

ROIC

DEFN
-8.9%
China Northern Rare Earth Group High-Tech Co Ltd
8.1%

ROCE

DEFN
-7.7%
China Northern Rare Earth Group High-Tech Co Ltd
9.8%

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
DEFN, 600111

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DEFN
600111
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Performance Gap
DEFN, 600111

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DEFN
600111
Difference
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Performance By Year
DEFN, 600111

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DEFN
600111
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Compare DEFN to other stocks
AMS
Anglo American Platinum Ltd
A
Cheaper
vs DEFN
IMP
Impala Platinum Holdings Ltd
I
Cheaper
vs DEFN
SSW
Sibanye Stillwater Ltd
S
More expensive
vs DEFN
RBP
Royal Bafokeng Platinum Ltd
R
More expensive
vs DEFN
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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