TrustCo Bank Corp NY

DB:TC50 Stock Report

Market Cap: €685.0m

TrustCo Bank Corp NY Valuation

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 (€15.8) is trading below our estimate of fair value (€39.37)

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?

Key metric: As TC50 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for TC50. This is calculated by dividing TC50's market cap by their current earnings.
What is TC50's PE Ratio?
PE Ratio15x
EarningsUS$47.40m
Market CapUS$713.27m

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.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average11x
PCZ ProCredit Holding
4.4x9.9%€450.0m
MBK Merkur PrivatBank KgaA
10x8.6%€107.3m
WTBF.B W.T.B. Financial
17xn/aUS$751.9m
GSBC Great Southern Bancorp
12.5x1.3%US$750.0m
TC50 TrustCo Bank Corp NY
15xn/a€713.3m

Price-To-Earnings vs Peers: TC50 is expensive based on its Price-To-Earnings Ratio (15x) compared to the peer average (10.9x).

Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TC50 15.0xIndustry Avg. 7.4xNo. of Companies47PE0612182430+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TC50 is expensive based on its Price-To-Earnings Ratio (15x) compared to the European Banks industry average (7.4x).

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 Ratio15x
Fair PE Ration/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.

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