AS Tallinna Vesi Valuation

Q: What is the Fair Price of TVE1T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

TVE1T (€10.25) is trading below our estimate of [[fair value]] (€12.29)

Is TVE1T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

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 TVE1T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TVE1T (€10.25) is trading below our estimate of fair value (€12.29)

Significantly Below Fair Value: TVE1T is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TVE1T?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TVE1T. This is calculated by dividing TVE1T's market cap by their current preferred multiple.
What is TVE1T's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	€210.00m

TVE1T 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	5x
Enterprise Value/EBITDA	12.3x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does TVE1T's PE Ratio compare to its peers?

The above table shows the PE ratio for TVE1T 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	41.2x
EGR1T Enefit Green	12.3x	-6.2%	€766.4m
INF1T Infortar	3.3x	n/a	€875.8m
001210 Kingfore Energy Group	118.1x	n/a	CN¥1.7b
688466 GreenTech Environmental	31.3x	44.1%	CN¥1.7b
TVE1T AS Tallinna Vesi	16.8x	n/a	€210.0m

Price-To-Earnings vs Peers: TVE1T is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (40.4x).

Price to Earnings Ratio vs Industry

How does TVE1T's PE Ratio compare vs other companies in the Global Water Utilities Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.9%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	11.9%
	n/a	n/a	n/a

No more companies

Price-To-Earnings vs Industry: TVE1T is good value based on its Price-To-Earnings Ratio (16.8x) compared to the Global Water Utilities industry average (18.7x).

Price to Earnings Ratio vs Fair Ratio

What is TVE1T'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.

TVE1T PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	16.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TVE1T'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.