Titas Gas Transmission and Distribution Valuation

Is TITASGAS undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TITASGAS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TITASGAS (BDT21) is trading above our estimate of fair value (BDT1.9)

Significantly Below Fair Value: TITASGAS is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TITASGAS?

Key metric: As TITASGAS is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TITASGAS. This is calculated by dividing TITASGAS's market cap by their current revenue.
What is TITASGAS's PS Ratio?
PS Ratio	0.06x
Sales	৳348.02b
Market Cap	৳20.77b

TITASGAS key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does TITASGAS's PS Ratio compare to its peers?

The above table shows the PS ratio for TITASGAS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	5.7x
MJLBD MJL Bangladesh	0.7x	-1.9%	৳29.5b
EPGL Energypac Power Generation	0.5x	n/a	৳2.7b
PADMAOIL Padma Oil	6.3x	n/a	৳20.6b
JAMUNAOIL Jamuna Oil	15.4x	n/a	৳20.4b
TITASGAS Titas Gas Transmission and Distribution	0.06x	n/a	৳20.8b

Price-To-Sales vs Peers: TITASGAS is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (5.7x).

Price to Sales Ratio vs Industry

How does TITASGAS's PS Ratio compare vs other companies in the Asian Oil and Gas Industry?

82 Companies	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	0.8x	-1.6%
TITASGAS Titas Gas Transmission and Distribution	0.06x	n/a	US$173.11m

82 Companies		Estimated Growth	Market Cap
Industry Avg.	0.8x	3.8%
TITASGAS Titas Gas Transmission and Distribution	0.06x	n/a	US$173.11m

No more companies

Price-To-Sales vs Industry: TITASGAS is good value based on its Price-To-Sales Ratio (0.1x) compared to the Asian Oil and Gas industry average (0.8x).

Price to Sales Ratio vs Fair Ratio

What is TITASGAS's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TITASGAS PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.06x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TITASGAS's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.