Tamdeen Real Estate Company - KPSC Valuation

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

TAM (KWD0.35) is trading below our estimate of [[fair value]] (KWD1.88)

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

Below Fair Value: TAM (KWD0.35) is trading below our estimate of fair value (KWD1.88)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TAM. This is calculated by dividing TAM's market cap by their current earnings.
What is TAM's PE Ratio?
PE Ratio	10.6x
Earnings	د.ك13.19m
Market Cap	د.ك139.72m

TAM 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	9.1x
Enterprise Value/EBITDA	13.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TAM 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	15.7x
URC United Real Estate Company K.S.C.P	27.4x	n/a	د.ك130.6m
ALTIJARIA Commercial Real Estate Company K.P.S.C	14.5x	n/a	د.ك271.3m
AREEC Ajial Real Estate Entertainment Company K.S.C.P	9.5x	n/a	د.ك56.7m
INJAZZAT Injazzat Real Estate Development Company K.P.S.C	11.5x	n/a	د.ك33.8m
TAM Tamdeen Real Estate Company - KPSC	10.6x	n/a	د.ك139.7m

Price-To-Earnings vs Peers: TAM is good value based on its Price-To-Earnings Ratio (10.6x) compared to the peer average (15.7x).

Price to Earnings Ratio vs Industry

How does TAM's PE Ratio compare vs other companies in the KW Real Estate Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

No more companies available in this PE range

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TAM is good value based on its Price-To-Earnings Ratio (10.6x) compared to the KW Real Estate industry average (15.2x).

Price to Earnings Ratio vs Fair Ratio

What is TAM'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.

TAM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.6x
Fair PE Ratio	n/a

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