TBO Tek Valuation

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

TBOTEK (₹1524.35) is trading above our estimate of [[fair value]] (₹815.71)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: TBOTEK (₹1524.35) is trading above our estimate of fair value (₹815.71)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TBOTEK. This is calculated by dividing TBOTEK's market cap by their current earnings.
What is TBOTEK's PE Ratio?
PE Ratio	75.2x
Earnings	₹2.15b
Market Cap	₹161.85b

TBOTEK 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	10.2x
Enterprise Value/EBITDA	56.5x
PEG Ratio	2.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TBOTEK 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	48.5x
EIHOTEL EIH	33.7x	30.7%	₹223.8b
LEMONTREE Lemon Tree Hotels	63.4x	35.9%	₹96.3b
500413 Thomas Cook (India)	33.5x	20.9%	₹93.4b
MHRIL Mahindra Holidays & Resorts India	63.2x	17.1%	₹71.9b
TBOTEK TBO Tek	75.2x	29.9%	₹161.9b

Price-To-Earnings vs Peers: TBOTEK is expensive based on its Price-To-Earnings Ratio (75.2x) compared to the peer average (48.5x).

Price to Earnings Ratio vs Industry

How does TBOTEK's PE Ratio compare vs other companies in the IN Hospitality Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
537839 Phoenix Township	1.7x	n/a	US$38.93m
BLUECOAST Blue Coast Hotels	0.2x	n/a	US$1.51m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TBOTEK is expensive based on its Price-To-Earnings Ratio (75.2x) compared to the Indian Hospitality industry average (35.3x).

Price to Earnings Ratio vs Fair Ratio

What is TBOTEK'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.

TBOTEK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	75.2x
Fair PE Ratio	56.3x

Price-To-Earnings vs Fair Ratio: TBOTEK is expensive based on its Price-To-Earnings Ratio (75.2x) compared to the estimated Fair Price-To-Earnings Ratio (56.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TBOTEK forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	₹1,524.35	₹2,008.33 +31.8%	3.9%	₹2,150.00	₹1,900.00	n/a	6
Nov ’25	₹1,668.10	₹2,014.00 +20.7%	4.2%	₹2,150.00	₹1,940.00	n/a	5
Oct ’25	₹1,812.50	₹2,006.00 +10.7%	4.0%	₹2,150.00	₹1,940.00	n/a	5
Sep ’25	₹1,771.70	₹1,986.00 +12.1%	5.2%	₹2,150.00	₹1,840.00	n/a	5
Aug ’25	₹1,769.00	₹2,030.00 +14.8%	4.4%	₹2,150.00	₹1,920.00	n/a	4
Jul ’25	₹1,899.20	₹1,990.00 +4.8%	3.4%	₹2,080.00	₹1,920.00	n/a	3

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.