Tivoli Valuation

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

TIV (DKK676) is trading above our estimate of [[fair value]] (DKK56.2)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: TIV (DKK676) is trading above our estimate of fair value (DKK56.2)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TIV. This is calculated by dividing TIV's market cap by their current earnings.
What is TIV's PE Ratio?
PE Ratio	35.8x
Earnings	DKK 107.90m
Market Cap	DKK 3.86b

TIV 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	3.3x
Enterprise Value/EBITDA	19.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TIV 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	11.4x
PARKEN PARKEN Sport & Entertainment	2.6x	n/a	DKK 1.2b
AGF B AGF	5.3x	n/a	DKK 322.2m
SATS Sats	17.2x	23.5%	NOK 4.9b
7085 CURVES HOLDINGS	20.4x	9.6%	JP¥72.8b
TIV Tivoli	35.8x	n/a	DKK 3.9b

Price-To-Earnings vs Peers: TIV is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the peer average (11.4x).

Price to Earnings Ratio vs Industry

How does TIV'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: TIV is expensive based on its Price-To-Earnings Ratio (35.8x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is TIV'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.

TIV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	35.8x
Fair PE Ratio	n/a

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