Bergbahnen Engelberg-Trübsee-Titlis Valuation

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

TIBN (CHF38.2) is trading above our estimate of [[fair value]] (CHF25.62)

Is TIBN 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-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TIBN (CHF38.2) is trading above our estimate of fair value (CHF25.62)

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

Key Valuation Metric

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

Key metric: As TIBN is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TIBN. This is calculated by dividing TIBN's market cap by their current earnings.
What is TIBN's PE Ratio?
PE Ratio	7.6x
Earnings	CHF 16.97m
Market Cap	CHF 128.35m

TIBN 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	1.7x
Enterprise Value/EBITDA	4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does TIBN's PE Ratio compare to its peers?

The above table shows the PE ratio for TIBN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	9.1x
LMN lastminute.com	15.6x	16.5%	CHF 182.1m
MLCMB Compagnie Du Mont-Blanc	6.5x	n/a	€130.4m
HLMS Holmes Place International	11.6x	n/a	₪507.8m
PARKEN PARKEN Sport & Entertainment	2.6x	n/a	DKK 1.2b
TIBN Bergbahnen Engelberg-Trübsee-Titlis	7.6x	n/a	CHF 128.4m

Price-To-Earnings vs Peers: TIBN is good value based on its Price-To-Earnings Ratio (7.6x) compared to the peer average (9.1x).

Price to Earnings Ratio vs Industry

How does TIBN's PE Ratio compare vs other companies in the European Hospitality Industry?

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TIBN is good value based on its Price-To-Earnings Ratio (7.6x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

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

TIBN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TIBN's Price-To-Earnings 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.