Logwin Valuation

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

TGHN (€248) is trading below our estimate of [[fair value]] (€362.8)

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: TGHN (€248) is trading below our estimate of fair value (€362.8)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TGHN. This is calculated by dividing TGHN's market cap by their current earnings.
What is TGHN's PE Ratio?
PE Ratio	10.1x
Earnings	€70.66m
Market Cap	€714.05m

TGHN 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	0.4x
Enterprise Value/EBITDA	5.2x
PEG Ratio	-1.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TGHN 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	17.5x
MLL Müller - Die lila Logistik	5.2x	n/a	€41.8m
DHL Deutsche Post	12.8x	9.0%	€40.9b
EUK3 EUROKAI GmbH KGaA	10.7x	13.5%	€424.2m
HHFA Hamburger Hafen und Logistik	41.2x	55.0%	€1.3b
TGHN Logwin	10.1x	-7.4%	€714.0m

Price-To-Earnings vs Peers: TGHN is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (17.5x).

Price to Earnings Ratio vs Industry

How does TGHN's PE Ratio compare vs other companies in the European Logistics Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TGHN is good value based on its Price-To-Earnings Ratio (10.1x) compared to the European Logistics industry average (13.9x).

Price to Earnings Ratio vs Fair Ratio

What is TGHN'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.

TGHN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.1x
Fair PE Ratio	7.8x

Price-To-Earnings vs Fair Ratio: TGHN is expensive based on its Price-To-Earnings Ratio (10.1x) compared to the estimated Fair Price-To-Earnings Ratio (7.8x).

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.