TrustCo Bank Corp NY Valuation

Q: What is the Fair Price of TC50 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TC50 (€29) is trading below our estimate of [[fair value]] (€83.27)

Is TC50 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 TC50 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TC50 (€29) is trading below our estimate of fair value (€83.27)

Significantly Below Fair Value: TC50 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TC50?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TC50. This is calculated by dividing TC50's market cap by their current preferred multiple.
What is TC50's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$618.22m

TC50 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 Earnings Ratio vs Peers

How does TC50's PE Ratio compare to its peers?

The above table shows the PE ratio for TC50 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	9x
PCZ ProCredit Holding	4.7x	9.7%	€500.6m
MBK Merkur PrivatBank KgaA	8.5x	5.6%	€115.1m
NBN Northeast Bank	10.9x	n/a	US$631.6m
CCBG Capital City Bank Group	11.7x	-2.4%	US$586.2m
TC50 TrustCo Bank Corp NY	12.8x	n/a	€618.2m

Price-To-Earnings vs Peers: TC50 is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the peer average (9x).

Price to Earnings Ratio vs Industry

How does TC50's PE Ratio compare vs other companies in the European Banks Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0.4%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	0.4%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: TC50 is expensive based on its Price-To-Earnings Ratio (12.8x) compared to the European Banks industry average (7.5x).

Price to Earnings Ratio vs Fair Ratio

What is TC50'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.

TC50 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TC50'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.