TIM Valuation

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

TIM (PLN50.5) is trading above our estimate of [[fair value]] (PLN16.05)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: TIM (PLN50.5) is trading above our estimate of fair value (PLN16.05)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TIM. This is calculated by dividing TIM's market cap by their current earnings.
What is TIM's PE Ratio?
PE Ratio	20.8x
Earnings	zł55.02m
Market Cap	zł1.15b

TIM 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	0.9x
Enterprise Value/EBITDA	12.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TIM 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	10.4x
GRN Grodno Spólka Akcyjna	15.5x	n/a	zł153.5m
STF Stalprofil	9.6x	n/a	zł147.4m
KGL KGL	9.5x	n/a	zł103.7m
HOR Hortico	6.9x	n/a	zł81.4m
TIM TIM	20.8x	n/a	zł1.1b

Price-To-Earnings vs Peers: TIM is expensive based on its Price-To-Earnings Ratio (20.8x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does TIM's PE Ratio compare vs other companies in the European Trade Distributors Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TIM is expensive based on its Price-To-Earnings Ratio (20.8x) compared to the European Trade Distributors industry average (15.8x).

Price to Earnings Ratio vs Fair Ratio

What is TIM'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.

TIM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	20.8x
Fair PE Ratio	n/a

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

Discover undervalued companies

INCANA Spólka Akcyjna

zł5.9m

INCANA Spólka Akcyjna produces and sells wall decoration products in Poland and internationally.

ICA

zł0.54

-57.1%

Mirbud

zł1.3b

Operates as a general contractor in the construction industry in Poland.

MRB

zł11.36

-3.9%

35.4%

Instal Kraków

zł261.5m

Engages in the construction business in Poland and internationally.

INK

zł35.90

-1.4%

-17.8%