T'Way Air Co., Ltd.

KOSE:A091810 Stock Report

Market Cap: ₩747.7b

T'Way Air Valuation

Is A091810 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-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 A091810 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: A091810 (₩3475) is trading below our estimate of fair value (₩5757.69)

Significantly Below Fair Value: A091810 is trading below fair value by more than 20%.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for A091810?

Other financial metrics that can be useful for relative valuation.

A091810 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/Revenue0.5x
Enterprise Value/EBITDA3.8x
PEG Ratio0.5x

Price to Earnings Ratio vs Peers

How does A091810's PE Ratio compare to its peers?

The above table shows the PE ratio for A091810 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average8.5x
A089590 Jeju Air
8x13.3%₩715.5b
A003490 Korean AirlinesLtd
6.7x4.5%₩8.0t
A003280 Heung-A ShippingLtd
14.8xn/a₩501.0b
A005880 Korea Line
4.4x-2.1%₩594.0b
A091810 T'Way Air
11.4x23.4%₩747.7b

Price-To-Earnings vs Peers: A091810 is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the peer average (8.5x).


Price to Earnings Ratio vs Industry

How does A091810's PE Ratio compare vs other companies in the Asian Airlines Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.3%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a17.3%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: A091810 is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the Asian Airlines industry average (10.8x).


Price to Earnings Ratio vs Fair Ratio

What is A091810'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.

A091810 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.4x
Fair PE Ratio10.7x

Price-To-Earnings vs Fair Ratio: A091810 is expensive based on its Price-To-Earnings Ratio (11.4x) compared to the estimated Fair Price-To-Earnings Ratio (10.7x).


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 A091810 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₩3,475.00
₩3,433.33
-1.2%
15.0%₩4,000.00₩2,500.00n/a6
Oct ’25₩3,070.00
₩3,433.33
+11.8%
15.0%₩4,000.00₩2,500.00n/a6
Sep ’25₩2,940.00
₩3,433.33
+16.8%
15.0%₩4,000.00₩2,500.00n/a6
Aug ’25₩2,615.00
₩3,433.33
+31.3%
15.0%₩4,000.00₩2,500.00n/a6
Jul ’25₩2,725.00
₩3,066.67
+12.5%
15.3%₩3,700.00₩2,400.00n/a6
Jun ’25₩2,795.00
₩3,066.67
+9.7%
15.3%₩3,700.00₩2,400.00n/a6
May ’25₩2,705.00
₩3,066.67
+13.4%
15.3%₩3,700.00₩2,400.00n/a6
Apr ’25₩2,885.00
₩3,066.67
+6.3%
15.3%₩3,700.00₩2,400.00n/a6
Mar ’25₩2,820.00
₩3,066.67
+8.7%
15.3%₩3,700.00₩2,400.00n/a6
Feb ’25₩3,070.00
₩3,066.67
-0.1%
15.3%₩3,700.00₩2,400.00n/a6
Jan ’25₩2,390.00
₩3,200.00
+33.9%
30.5%₩4,900.00₩2,400.00n/a5
Dec ’24₩2,300.00
₩3,200.00
+39.1%
30.5%₩4,900.00₩2,400.00n/a5
Nov ’24₩2,140.00
₩3,475.00
+62.4%
26.9%₩4,900.00₩2,500.00n/a4
Oct ’24₩2,260.00
₩3,800.00
+68.1%
20.5%₩4,900.00₩3,200.00₩3,070.003
Sep ’24₩2,665.00
₩3,800.00
+42.6%
20.5%₩4,900.00₩3,200.00₩2,940.003
Aug ’24₩2,630.00
₩3,800.00
+44.5%
20.5%₩4,900.00₩3,200.00₩2,615.003
Jul ’24₩3,255.00
₩2,950.00
-9.4%
18.6%₩3,500.00₩2,400.00₩2,725.002
Jun ’24₩2,935.00
₩2,950.00
+0.5%
18.6%₩3,500.00₩2,400.00₩2,795.002
May ’24₩3,135.00
₩2,950.00
-5.9%
18.6%₩3,500.00₩2,400.00₩2,705.002
Apr ’24₩3,585.00
₩2,950.00
-17.7%
18.6%₩3,500.00₩2,400.00₩2,885.002
Mar ’24₩3,245.00
₩2,950.00
-9.1%
18.6%₩3,500.00₩2,400.00₩2,820.002
Feb ’24₩3,310.00
₩2,950.00
-10.9%
18.6%₩3,500.00₩2,400.00₩3,070.002
Nov ’23₩1,575.00
₩3,600.00
+128.6%
5.6%₩3,800.00₩3,400.00₩2,140.002
Oct ’23₩1,715.00
₩3,600.00
+109.9%
5.6%₩3,800.00₩3,400.00₩2,260.002

Analyst Forecast: Target price is lower than the current share price.


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