Taylor Maritime Investments Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TMIPL (£0.77) is trading above our estimate of fair value (£0.64)

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

Key Valuation Metric

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

Key metric: As TMIPL is unprofitable and pre-revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TMIPL. This is calculated by dividing TMIPL's market cap by their current book value.
What is TMIPL's PB Ratio?
PB Ratio	0.7x
Book	US$485.01m
Market Cap	US$316.18m

TMIPL 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	-7.4x
Enterprise Value/EBITDA	-6.1x
PEG Ratio	n/a

Price to Book Ratio vs Peers

How does TMIPL's PB Ratio compare to its peers?

The above table shows the PB ratio for TMIPL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	1.1x
IIG Intuitive Investments Group	0.8x	n/a	UK£258.6m
BPM B.P. Marsh & Partners	1x	n/a	UK£263.1m
GSEO VH Global Sustainable Energy Opportunities	0.6x	n/a	UK£270.7m
BRK Brooks Macdonald Group	1.8x	28.0%	UK£272.7m
TMIPL Taylor Maritime Investments	0.7x	n/a	UK£316.2m

Price-To-Book vs Peers: TMIPL is good value based on its Price-To-Book Ratio (0.7x) compared to the peer average (1.1x).

Price to Book Ratio vs Industry

How does TMIPL's PB Ratio compare vs other companies in the GB Capital Markets Industry?

7 Companies	Price / Book	Estimated Growth	Market Cap
IX. i(x) Net Zero	0.07x	n/a	US$8.94m
TI1 Trian Investors 1	0.006x	n/a	US$3.21m
MIL Myanmar Investments International	0.1x	n/a	US$1.14m
VELA Vela Technologies	0.2x	n/a	US$1.32m

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: TMIPL is good value based on its Price-To-Book Ratio (0.7x) compared to the UK Capital Markets industry average (0.9x).

Price to Book Ratio vs Fair Ratio

What is TMIPL's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TMIPL PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	0.7x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TMIPL's Price-To-Book 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.

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