Galata Investment Company AD

BUL:GTH Stock Report

Market Cap: лв171.4m

Galata Investment Company AD Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: GTH (BGN2.5) is trading above our estimate of fair value (BGN0.12)

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


Key Valuation Metric

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

Key metric: As GTH barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for GTH. This is calculated by dividing GTH's market cap by their current book value.
What is GTH's PB Ratio?
PB Ratio2.2x
Bookлв78.43m
Market Capлв171.43m

Price to Book Ratio vs Peers

How does GTH's PB Ratio compare to its peers?

The above table shows the PB ratio for GTH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average15.6x
SQC Square Cube Properties AD
21.4xn/aлв112.2m
NLC Neo London Capital
1.1xn/aлв23.4m
235H 235 Holdings AD
32.2xn/aлв248.3m
GTP Green Town Projects EAD
7.7xn/aлв96.6m
GTH Galata Investment Company AD
2.2xn/aлв171.4m

Price-To-Book vs Peers: GTH is good value based on its Price-To-Book Ratio (2.2x) compared to the peer average (15.6x).


Price to Book Ratio vs Industry

How does GTH's PB Ratio compare vs other companies in the European Real Estate Industry?

23 CompaniesPrice / BookEstimated GrowthMarket Cap
GTH 2.2xIndustry Avg. 0.8xNo. of Companies60PB00.61.21.82.43+
23 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: GTH is expensive based on its Price-To-Book Ratio (2.2x) compared to the European Real Estate industry average (0.8x).


Price to Book Ratio vs Fair Ratio

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

GTH PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio2.2x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate GTH's Price-To-Book 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.


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