TF Bank Valuation
Is TFBANS undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation 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 TFBANS when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TFBANS (SEK240) is trading below our estimate of fair value (SEK517.22)
Significantly Below Fair Value: TFBANS is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TFBANS?
Other financial metrics that can be useful for relative valuation.
| What is TFBANS's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | SEK 4.99b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 0.5x |
Price to Earnings Ratio vs Peers
How does TFBANS's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 4.7x | ||
ARBB Arbuthnot Banking Group | 4.5x | 2.3% | UK£160.4m |
CBG Close Brothers Group | 4.5x | -14.2% | UK£631.1m |
TBCG TBC Bank Group | 4.2x | 15.2% | UK£1.4b |
STB Secure Trust Bank | 5.7x | 23.7% | UK£151.0m |
TFBANS TF Bank | 12.6x | 26.2% | SEK 5.0b |
Price-To-Earnings vs Peers: TFBANS is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (4.7x).
Price to Earnings Ratio vs Industry
How does TFBANS's PE Ratio compare vs other companies in the European Banks Industry?
Price-To-Earnings vs Industry: TFBANS is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the European Banks industry average (7.7x).
Price to Earnings Ratio vs Fair Ratio
What is TFBANS'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 12.6x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TFBANS'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?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | n/a | SEK 235.67 0% | 11.9% | SEK 273.00 | SEK 205.00 | n/a | 3 |
| Jun ’25 | n/a | SEK 217.67 0% | 5.8% | SEK 229.00 | SEK 200.00 | n/a | 3 |
| May ’25 | n/a | SEK 217.67 0% | 5.8% | SEK 229.00 | SEK 200.00 | n/a | 3 |
| Apr ’25 | n/a | SEK 203.33 0% | 1.7% | SEK 208.00 | SEK 200.00 | n/a | 3 |
| Mar ’25 | n/a | SEK 197.33 0% | 2.7% | SEK 202.00 | SEK 190.00 | n/a | 3 |
| Feb ’25 | n/a | SEK 194.00 0% | 2.9% | SEK 202.00 | SEK 190.00 | n/a | 3 |
| Jan ’25 | n/a | SEK 193.67 0% | 1.4% | SEK 196.00 | SEK 190.00 | n/a | 3 |
| Dec ’24 | n/a | SEK 195.00 0% | 2.1% | SEK 200.00 | SEK 190.00 | n/a | 3 |
| Nov ’24 | n/a | SEK 195.00 0% | 2.1% | SEK 200.00 | SEK 190.00 | n/a | 3 |
| Oct ’24 | n/a | SEK 195.00 0% | 2.6% | SEK 200.00 | SEK 190.00 | n/a | 2 |
| Sep ’24 | n/a | SEK 195.00 0% | 2.6% | SEK 200.00 | SEK 190.00 | n/a | 2 |
| Aug ’24 | n/a | SEK 195.00 0% | 2.6% | SEK 200.00 | SEK 190.00 | n/a | 2 |
| Jul ’24 | n/a | SEK 199.50 0% | 4.8% | SEK 209.00 | SEK 190.00 | n/a | 2 |
| Jun ’24 | n/a | SEK 199.50 0% | 4.8% | SEK 209.00 | SEK 190.00 | n/a | 2 |
| May ’24 | n/a | SEK 204.50 0% | 2.2% | SEK 209.00 | SEK 200.00 | n/a | 2 |
| Apr ’24 | n/a | SEK 203.00 0% | 1.5% | SEK 206.00 | SEK 200.00 | n/a | 2 |
| Mar ’24 | n/a | SEK 203.00 0% | 1.5% | SEK 206.00 | SEK 200.00 | n/a | 2 |
| Feb ’24 | n/a | SEK 202.00 0% | 1.4% | SEK 206.00 | SEK 200.00 | n/a | 3 |
| Jan ’24 | n/a | SEK 199.33 0% | 3.7% | SEK 208.00 | SEK 190.00 | n/a | 3 |
| Dec ’23 | n/a | SEK 199.33 0% | 3.7% | SEK 208.00 | SEK 190.00 | n/a | 3 |
| Nov ’23 | n/a | SEK 199.33 0% | 3.7% | SEK 208.00 | SEK 190.00 | n/a | 3 |
| Oct ’23 | SEK 142.00 | SEK 213.33 +50.2% | 5.8% | SEK 230.00 | SEK 200.00 | n/a | 3 |
| Sep ’23 | n/a | SEK 213.33 0% | 5.8% | SEK 230.00 | SEK 200.00 | n/a | 3 |
| Aug ’23 | n/a | SEK 213.33 0% | 5.8% | SEK 230.00 | SEK 200.00 | n/a | 3 |
| Jul ’23 | n/a | SEK 230.00 0% | 6.4% | SEK 250.00 | SEK 215.00 | n/a | 3 |
| Jun ’23 | SEK 153.60 | SEK 235.67 +53.4% | 4.5% | SEK 250.00 | SEK 225.00 | n/a | 3 |
Analyst Forecast: Target price is less than 20% higher than the current share price.