TISCO Financial Group Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: TISCO-R (THB96.75) is trading below our estimate of fair value (THB114.95)

Significantly Below Fair Value: TISCO-R is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TISCO-R?

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

The above table shows the Price to Earnings ratio for TISCO-R. This is calculated by dividing TISCO-R's market cap by their current earnings.
What is TISCO-R's PE Ratio?
PE Ratio	11.1x
Earnings	฿6.98b
Market Cap	฿77.46b

TISCO-R 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	n/a
Enterprise Value/EBITDA	n/a
PEG Ratio	51.1x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TISCO-R 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	8.1x
TCAP Thanachart Capital	7.7x	6.9%	฿52.2b
KKP Kiatnakin Phatra Bank	10.2x	11.5%	฿43.5b
TTB TMBThanachart Bank	8.4x	4.7%	฿175.3b
BAY Bank of Ayudhya	5.9x	0.8%	฿183.9b
TISCO-R TISCO Financial Group	11.1x	0.2%	฿77.5b

Price-To-Earnings vs Peers: TISCO-R is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the peer average (8.1x).

Price to Earnings Ratio vs Industry

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

3 Companies	Price / Earnings	Estimated Growth	Market Cap

3 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TISCO-R is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the Asian Banks industry average (8.5x).

Price to Earnings Ratio vs Fair Ratio

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 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	11.1x
Fair PE Ratio	7x

Price-To-Earnings vs Fair Ratio: TISCO-R is expensive based on its Price-To-Earnings Ratio (11.1x) compared to the estimated Fair Price-To-Earnings Ratio (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.

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