How does TISCO-R's PE Ratio compare to its peers?

TISCO-R is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (8x).

How does TISCO-R's PE Ratio compare vs other companies in the Asian Banks Industry?

TISCO-R is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the Asian Banks industry average (8.7x).

What is TISCO-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.

TISCO-R is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the estimated Fair Price-To-Earnings Ratio (7x).

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

TISCO-R (THB98.75) is trading below our estimate of [[fair value]] (THB114.38)

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

Insufficient data to show price forecast.

TISCO-R Stock Overview

Provides commercial banking products and services for individuals and businesses in Thailand. More details

TISCO-R fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	2/6
Financial Health	5/6
Dividends	5/6

Rewards

Trading at 13.7% below our estimate of its fair value

Risk Analysis

Unstable dividend track record

My Notes

Capture your thoughts, links and company narrative

TISCO Financial Group Public Company Limited Competitors

Thanachart Capital

SET:TCAP

฿51.6b

Kiatnakin Phatra Bank

SET:KKP

฿42.0b

TMBThanachart Bank

SET:TTB

฿178.2b

Bank of Ayudhya

SET:BAY

฿179.5b

Price History & Performance

Summary of share price highs, lows and changes for TISCO Financial Group
Historical stock prices
Current Share Price	฿98.75
52 Week High	฿101.50
52 Week Low	฿90.00
Beta	0.51
1 Month Change	2.07%
3 Month Change	1.54%
1 Year Change	0.77%
3 Year Change	4.77%
5 Year Change	-0.50%
Change since IPO	1,041.62%

Recent updates

Shareholder Returns

	TISCO-R	TH Banks	TH Market
7D	1.5%	-1.2%	-2.3%
1Y	0.8%	7.5%	-2.1%

Return vs Industry: TISCO-R underperformed the TH Banks industry which returned 6% over the past year.

Return vs Market: TISCO-R exceeded the TH Market which returned -3.4% over the past year.

Price Volatility

Is TISCO-R's price volatile compared to industry and market?
TISCO-R volatility
TISCO-R Average Weekly Movement	1.0%
Banks Industry Average Movement	2.6%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.9%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: TISCO-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: TISCO-R's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1969	n/a	Sakchai Peechapat	www.tisco.co.th

TISCO Financial Group Public Company Limited, together with its subsidiaries, provides commercial banking products and services for individuals and businesses in Thailand. The company operates through Commercial Banking Business, Securities Business, Asset Management Business, and Support Business segments. It accepts deposit products, such as special and standard current accounts, savings accounts, and term and recurring deposit products.

TISCO Financial Group Public Company Limited Fundamentals Summary

How do TISCO Financial Group's earnings and revenue compare to its market cap?
TISCO-R fundamental statistics
Market cap	฿79.06b
Earnings (TTM)	฿6.98b
Revenue (TTM)	฿17.96b

11.3x

P/E Ratio

1.9x

P/B Ratio

Is TISCO-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TISCO-R income statement (TTM)
Revenue	฿17.96b
Cost of Revenue	฿0
Gross Profit	฿17.96b
Other Expenses	฿10.98b
Earnings	฿6.98b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

Jan 14, 2025

Earnings per share (EPS)	8.72
Gross Margin	100.00%
Net Profit Margin	38.85%
Debt/Equity Ratio	41.1%

How did TISCO-R perform over the long term?

See historical performance and comparison

Dividends

11.6%

Current Dividend Yield

89%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/23 12:48
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TISCO Financial Group Public Company Limited is covered by 35 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Usanee Liurut	Asia Plus Securities Company Limited
Wannapa Asavatevavith	BNP Paribas Securities (Asia)
Bay Tuntisrisuk	BofA Global Research