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TCS

TCS Group Holding LSE:TCS Stock Report

Last Price

US$2.00

Market Cap

US$396.1m

7D

0%

1Y

-97.8%

Updated

04 Jul, 2022

Data

Company Financials +
TCS fundamental analysis
Snowflake Score
Valuation6/6
Future Growth6/6
Past Performance4/6
Financial Health5/6
Dividends0/6

TCS Stock Overview

TCS Group Holding PLC, through its subsidiaries, engages in the online retail banking, insurance, mobile services, and asset management businesses in Russia.

TCS Group Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for TCS Group Holding
Historical stock prices
Current Share PriceUS$2.00
52 Week HighUS$119.15
52 Week LowUS$2.00
Beta2.1
1 Month Change0%
3 Month Changen/a
1 Year Change-97.76%
3 Year Change-89.66%
5 Year Change-83.26%
Change since IPO-89.07%

Recent News & Updates

Shareholder Returns

TCSGB BanksGB Market
7D0%-0.9%-1.1%
1Y-97.8%3.2%-9.7%

Return vs Industry: TCS underperformed the UK Banks industry which returned 3.2% over the past year.

Return vs Market: TCS underperformed the UK Market which returned -9.7% over the past year.

Price Volatility

Is TCS's price volatile compared to industry and market?
TCS volatility
TCS Average Weekly Movementn/a
Banks Industry Average Movement5.3%
Market Average Movement5.4%
10% most volatile stocks in GB Market10.6%
10% least volatile stocks in GB Market2.8%

Stable Share Price: Insufficient data to determine TCS's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine TCS's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
199943,787n/ahttps://www.tcsgh.com.cy

TCS Group Holding PLC, through its subsidiaries, engages in the online retail banking, insurance, mobile services, and asset management businesses in Russia. It operates through eight segments: Consumer finance, Retail debit cards, InsurTech, SME services, Acquiring and payments, InvestTech, Mobile virtual network operator services, and Other investments. The company offers customer current accounts; savings and deposits products; and cash, consumer, car, and secured loans to individual entrepreneurs and small to medium businesses.

TCS Group Holding Fundamentals Summary

How do TCS Group Holding's earnings and revenue compare to its market cap?
TCS fundamental statistics
Market Cap₽22.03b
Earnings (TTM)₽63.47b
Revenue (TTM)₽168.70b

0.3x

P/E Ratio

0.1x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TCS income statement (TTM)
Revenue₽168.70b
Cost of Revenue₽0
Gross Profit₽168.70b
Other Expenses₽105.22b
Earnings₽63.47b

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)320.45
Gross Margin100.00%
Net Profit Margin37.62%
Debt/Equity Ratio51.5%

How did TCS perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

TCS 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/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio0.02x

Price to Earnings Ratio vs Peers

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

TCS PE Ratio vs Peers
The above table shows the PE ratio for TCS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.2x
BGEO Bank of Georgia Group
2.7x7.7%UK£634.5m
TBCG TBC Bank Group
2.8x9.2%UK£692.3m
STB Secure Trust Bank
4.3x9.8%UK£197.0m
ARBB Arbuthnot Banking Group
19.1x35.3%UK£130.2m
TCS TCS Group Holding
0.3x20.7%US$396.1m

Price-To-Earnings vs Peers: TCS is good value based on its Price-To-Earnings Ratio (0.3x) compared to the peer average (7.2x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: TCS is good value based on its Price-To-Earnings Ratio (0.3x) compared to the UK Banks industry average (4.3x)


Price to Earnings Ratio vs Fair Ratio

What is TCS'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.

TCS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio0.3x
Fair PE Ratio11.8x

Price-To-Earnings vs Fair Ratio: TCS is good value based on its Price-To-Earnings Ratio (0.3x) compared to the estimated Fair Price-To-Earnings Ratio (11.8x).


Share Price vs Fair Value

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

Below Fair Value: TCS ($2) is trading below our estimate of fair value ($26.59)

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


Price to Earnings Growth Ratio

PEG Ratio: TCS is good value based on its PEG Ratio (0x)


Discover undervalued companies

Future Growth

How is TCS Group Holding forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

6/6

Future Growth Score 6/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


20.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TCS's forecast earnings growth (20.7% per year) is above the savings rate (0.9%).

Earnings vs Market: TCS's earnings (20.7% per year) are forecast to grow faster than the UK market (11% per year).

High Growth Earnings: TCS's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: TCS's revenue (20.2% per year) is forecast to grow faster than the UK market (4.2% per year).

High Growth Revenue: TCS's revenue (20.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TCS's Return on Equity is forecast to be high in 3 years time (32.5%)


Discover growth companies

Past Performance

How has TCS Group Holding performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


29.9%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TCS has high quality earnings.

Growing Profit Margin: TCS's current net profit margins (37.6%) are lower than last year (42.7%).


Past Earnings Growth Analysis

Earnings Trend: TCS's earnings have grown significantly by 29.9% per year over the past 5 years.

Accelerating Growth: TCS's earnings growth over the past year (43.6%) exceeds its 5-year average (29.9% per year).

Earnings vs Industry: TCS earnings growth over the past year (43.6%) underperformed the Banks industry 88.4%.


Return on Equity

High ROE: TCS's Return on Equity (36%) is considered high.


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Financial Health

How is TCS Group Holding's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score

5/6

Financial Health Score 5/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: TCS's Assets to Equity ratio (7.5x) is low.

Allowance for Bad Loans: TCS has a sufficient allowance for bad loans (132%).

Low Risk Liabilities: 83% of TCS's liabilities are made up of primarily low risk sources of funding.

Loan Level: TCS has an appropriate level of Loans to Assets ratio (49%).

Low Risk Deposits: TCS's Loans to Deposits ratio (68%) is appropriate.

Level of Bad Loans: TCS has a high level of bad loans (8.1%).


Discover healthy companies

Dividend

What is TCS Group Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate TCS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TCS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TCS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TCS's dividend payments have been increasing.


Current Payout to Shareholders

Earnings Coverage: TCS is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TCS's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.4yrs

Average management tenure


CEO

TCS Group Holding has no CEO, or we have no data on them.


Leadership Team

Experienced Management: TCS's management team is seasoned and experienced (7.4 years average tenure).


Board Members

Experienced Board: TCS's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TCS Group Holding PLC's employee growth, exchange listings and data sources


Key Information

  • Name: TCS Group Holding PLC
  • Ticker: TCS
  • Exchange: LSE
  • Founded: 1999
  • Industry: Diversified Banks
  • Sector: Banks
  • Implied Market Cap: US$396.136m
  • Shares outstanding: 198.07m
  • Website: https://www.tcsgh.com.cy

Number of Employees


Location

  • TCS Group Holding PLC
  • 25 Spyrou Araouzou
  • 5th floor
  • Limassol
  • 3036
  • Cyprus

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/04 00:00
End of Day Share Price2022/05/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.