` Comparison: RHC vs COP - Alpha Spread

RHC
vs
COP

Over the past 12 months, RHC has underperformed COP, delivering a return of -4% compared to the COP's +11% growth.

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RHC
COP
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Valuation Comparison

RHC Intrinsic Value
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COP Intrinsic Value
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Company Last Price Intrinsic Value DCF Value Relative Value Wall St Target
Royal Helium Ltd
XTSX:RHC
32.09 CAD
Conocophillips
NYSE:COP
107.935 USD
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Valuation Scenario:
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Base Case
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Growth Comparison

Growth Over Time
RHC, COP

RHC
COP
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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
Royal Helium Ltd
Revenue
Conocophillips
Revenue

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

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Profitability Comparison

Free Cash Flow
RHC, COP

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COP
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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
Royal Helium Ltd
XTSX:RHC
Conocophillips
NYSE:COP
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What is Free Cash Flow?

Gross Margin

RHC
-205.5%
COP
46.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

Operating Margin

RHC
-480.1%
COP
21.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

Net Margin

RHC
-748.1%
COP
14.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

FCF Margin

RHC
-573.8%
COP
11.9%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

ROE

RHC
-33.8%
COP
15.4%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

ROA

RHC
-19%
COP
8.1%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

ROIC

RHC
-13.1%
COP
8.6%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

ROCE

RHC
-13.9%
COP
12.8%
LTM 3Y Avg 5Y Avg 10Y Avg
Royal Helium Ltd
Conocophillips

Solvency Comparison

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Balance Sheet Comparison
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Stocks Performance

Stocks Performance
RHC, COP

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Performance Gap
RHC, COP

Performance Gap Between RHC and COP
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Performance By Year
RHC, COP

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RHC
COP
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