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TBCG: Higher Future Multiple Will Support Bullish Outlook Despite Softer Margins

Update shared on 08 Dec 2025

Fair value Decreased 3.47%
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AnalystConsensusTarget's Fair Value
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1Y
31.9%
7D
0.4%

Analysts have slightly reduced their price target on TBC Bank Group, trimming fair value by around 4 percent to approximately $56.17, as they factor in more conservative assumptions for revenue growth and profit margins, partially offset by a modestly higher expected future P/E multiple.

Valuation Changes

  • The fair value estimate has fallen slightly from $58.18 to $56.17 per share, reflecting a modest reassessment of fundamentals.
  • The discount rate is reported as edging down marginally from 8.44 percent to 8.44 percent, indicating almost unchanged perceptions of risk.
  • Revenue growth has declined meaningfully from 27.41 percent to 24.99 percent, pointing to more conservative expectations for top-line expansion.
  • Net profit margin has softened slightly from 37.75 percent to 36.72 percent, incorporating a small downgrade to long-term profitability assumptions.
  • Future P/E has risen moderately from 6.53x to 6.97x, suggesting a somewhat higher expected valuation multiple over the forecast horizon.

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Disclaimer

AnalystConsensusTarget is a tool utilizing a Large Language Model (LLM) that ingests data on consensus price targets, forecasted revenue and earnings figures, as well as the transcripts of earnings calls to produce qualitative analysis. The narratives produced by AnalystConsensusTarget are general in nature and are based solely on analyst data and publicly-available material published by the respective companies. These scenarios are not indicative of the company's future performance and are exploratory in nature. Simply Wall St has no position in the company(s) mentioned. Simply Wall St may provide the securities issuer or related entities with website advertising services for a fee, on an arm's length basis. These relationships have no impact on the way we conduct our business, the content we host, or how our content is served to users. The price targets and estimates used are consensus data, and do not constitute a recommendation to buy or sell any stock, and they do not take account of your objectives, or your financial situation. Note that AnalystConsensusTarget's analysis may not factor in the latest price-sensitive company announcements or qualitative material.