Tamar Petroleum Ltd

TASE:TMRP Stock Report

Market Cap: ₪2.1b

Tamar Petroleum Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: TMRP (₪23.62) is trading below our estimate of fair value (₪37.29)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TMRP. This is calculated by dividing TMRP's market cap by their current earnings.
What is TMRP's PE Ratio?
PE Ratio10.1x
EarningsUS$55.78m
Market CapUS$563.98m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TMRP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average49.7x
NFTA Naphtha Israel Petroleum
7.8xn/a₪2.4b
RATI Ratio Energies - Limited Partnership
8.2xn/a₪3.9b
ISRA Isramco Negev 2 Limited Partnership
10.4xn/a₪4.8b
NVPT Navitas Petroleum Limited Partnership
172.6xn/a₪6.1b
TMRP Tamar Petroleum
10.1xn/a₪2.1b

Price-To-Earnings vs Peers: TMRP is good value based on its Price-To-Earnings Ratio (10.1x) compared to the peer average (49.7x).

Price to Earnings Ratio vs Industry

How does TMRP's PE Ratio compare vs other companies in the Asian Oil and Gas Industry?

8 CompaniesPrice / EarningsEstimated GrowthMarket Cap
TMRP 10.1xIndustry Avg. 10.4xNo. of Companies37PE0816243240+
8 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TMRP is good value based on its Price-To-Earnings Ratio (10.1x) compared to the Asian Oil and Gas industry average (10.3x).

Price to Earnings Ratio vs Fair Ratio

What is TMRP'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.

TMRP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.1x
Fair PE Ration/a

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

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