Thanachart Capital Valuation
Is TCAP-R undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation 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 TCAP-R when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: TCAP-R (THB52.5) is trading below our estimate of fair value (THB90.34)
Significantly Below Fair Value: TCAP-R is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for TCAP-R?
Other financial metrics that can be useful for relative valuation.
| What is TCAP-R's n/a Ratio? | |
|---|---|
| n/a | 0x |
| n/a | n/a |
| Market Cap | n/a |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | n/a |
| Enterprise Value/EBITDA | n/a |
| PEG Ratio | 1.1x |
Price to Earnings Ratio vs Peers
How does TCAP-R's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 9.7x | ||
KKP Kiatnakin Phatra Bank | 10.4x | 11.5% | ฿44.3b |
TISCO TISCO Financial Group | 11x | 1.1% | ฿77.1b |
CREDIT Thai Credit Bank | 9x | 9.8% | ฿27.4b |
TTB TMBThanachart Bank | 8.4x | 4.0% | ฿175.3b |
TCAP-R Thanachart Capital | 7.9x | 7.0% | ฿55.1b |
Price-To-Earnings vs Peers: TCAP-R is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (9.6x).
Price to Earnings Ratio vs Industry
How does TCAP-R's PE Ratio compare vs other companies in the Asian Banks Industry?
Price-To-Earnings vs Industry: TCAP-R is good value based on its Price-To-Earnings Ratio (7.9x) compared to the Asian Banks industry average (8.8x).
Price to Earnings Ratio vs Fair Ratio
What is TCAP-R'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 7.9x |
| Fair PE Ratio | 7.7x |
Price-To-Earnings vs Fair Ratio: TCAP-R is expensive based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (7.7x).
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.