slides · global inventory
Peer Gap Chart Recipe
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The table highlights that Enfusion's EV/EBITDA multiples (28.1x 2024E) are significantly higher than the peer average (14.4x), despite lower EBITDA margins.Enfusion, Inc. (ENFN) · Spruce Point Capital Management
Research note Short seller Beat · Resolution1 hit
29
The slide uses a combination of quantitative compensation data and qualitative sentiment analysis to argue that Zebra's cost-cutting on labor is a competitive disadvantage.Zebra Technologies Corp. (ZBRA) · Spruce Point Capital Management
Activist deck Short seller Beat · Expose ContradictionsLoop · Logic Chain1 hit
16
The slide uses red shading to highlight missing or inadequate disclosures by Intuit.Intuit Inc. (INTU) · Ben Axler
Activist deck Short seller 1 hit
62
The slide uses a red underline to highlight Transamerica in the table.Aegon Ltd. (AEG) · Spruce Point Capital Management
Activist deck Short seller Loop · Cost Of Inaction1 hit
84
The table highlights 'Partnership & Gov't Risk' as a key differentiator for Clear Secure compared to peers.Clear Secure, Inc. (YOU) · Spruce Point Capital Management
Activist deck Short seller Beat · Conclusion and potential downside risk1 hit
89
The slide uses red highlighting to emphasize IPX's outlier status in EV/Revenues and Price/Book metrics.IperionX Ltd. (IPX) · Spruce Point Capital Management
Activist deck Short seller 1 hit
03
The slide uses a dual-axis chart to show the gap between reported AFFO and industry standard AFFO, illustrating poor dividend coverage.CTO Realty Growth, Inc. (CTO) · Wolfpack Research
Research note Short seller Beat · The Monster1 hit
49
Borders Group, Inc. (BGP)Borders Group, Inc. (BGP) · William Ackman
Conference presentation Activist investor 1 hit
39
The chart highlights a performance gap between two entities (CP and CN) regarding asset utilization.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Call1 hit
40
The chart highlights operational inefficiency of CP relative to CN.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Call1 hit
41
The 23% figure represents the gap between CP and CN performance.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
42
The chart uses a red bar for CP and a grey bar for CN to emphasize the difference.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
43
The chart highlights CP's higher fuel consumption relative to CN.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
44
The slide uses a red bar for CP to emphasize poor performance relative to the grey bar for CN.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
45
The 29% figure represents the percentage difference relative to the lower value (CN).Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
46
The 80% figure represents the percentage difference relative to the lower value (CN).Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
47
The slide uses a red bar for CP to emphasize the negative performance gap relative to CN.Canadian Pacific Railway (CP) · William Ackman
Activist deck Activist investor Beat · The Struggle1 hit
18
The slide uses a visual comparison of two rounded rectangles to represent leverage ratios.Fortune Brands Home & Security (FBHS) · William Ackman
Conference presentation Activist investor 1 hit
79
The slide highlights an outlier in inventory turnover metrics compared to industry peers.Lasertec Corporation (6920) · Scorpion Capital
Activist deck Short seller Loop · The Reveal1 hit
10
The QSR index significantly outperforms both McDonald's and the S&P 500 over the 5-year period.McDonald's Corporation (MCD) · William Ackman
Activist deck Activist investor Beat · Problem & Complication1 hit
08
The slide highlights the performance gap between company-owned and franchised units, adjusted for market rent and franchise fees.McDonald's Corporation (MCD) · Pershing Square Capital Management
Activist deck Activist investor Beat · Problem1 hit
35
The slide uses two bar charts to analyze GSX's performance relative to peers in terms of engagement and traffic acquisition.GSX Techedu (GSX) · Grizzly Reports
Research note Short seller 1 hit
10
The chart highlights Target's superior real estate ownership position relative to peers.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
48
The chart highlights Target Corp's pro forma position relative to standalone and competitors.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
86
The slide argues that TIP REIT's 'land-only' structure eliminates the need for maintenance capex, making FFO an inappropriate metric for comparison.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
87
The slide uses a hypothetical valuation for TIP REIT to argue for its market dominance.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
90
The slide uses a table-based comparison to expose the poor credit quality of tenants in the NNN REIT sector.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
96
The chart highlights Target Corp (pro forma) and Target Corp (standalone) with specific icons.Target Corporation (TGT) · William Ackman
Activist deck Activist investor 1 hit
12
The slide uses a clear contrast between the underperforming subject (Wendy's) and the peer group.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit
28
The chart highlights the valuation uplift potential for Wendy's when combined with Arby's, assuming cost savings are realized.Wendy's International (WEN) · Pershing Square Capital Management
Conference presentation Activist investor 1 hit