Banque Attijari de Tunisie Société anonyme Valuation

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

Below Fair Value: TJARI (TND49.7) is trading above our estimate of fair value (TND6.93)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TJARI. This is calculated by dividing TJARI's market cap by their current earnings.
What is TJARI's PE Ratio?
PE Ratio	9.2x
Earnings	د.ت225.90m
Market Cap	د.ت2.09b

TJARI 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	-1.5x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TJARI 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	7.8x
BT Banque de Tunisie Société anonyme	7.3x	-12.7%	د.ت1.4b
BIAT Banque Internationale Arabe de Tunisie Société anonyme	10.5x	n/a	د.ت3.7b
AB Amen Bank Société anonyme	5.6x	3.5%	د.ت1.3b
UIB Union Internationale de Banques Société anonyme	7.8x	-5.6%	د.ت781.1m
TJARI Banque Attijari de Tunisie Société anonyme	9.2x	-6.2%	د.ت2.1b

Price-To-Earnings vs Peers: TJARI is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (7.8x).

Price to Earnings Ratio vs Industry

How does TJARI's PE Ratio compare vs other companies in the African Banks Industry?

6 Companies	Price / Earnings	Estimated Growth	Market Cap

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: TJARI is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the African Banks industry average (5.2x).

Price to Earnings Ratio vs Fair Ratio

What is TJARI'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.

TJARI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	9.2x
Fair PE Ratio	6.7x

Price-To-Earnings vs Fair Ratio: TJARI is expensive based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (6.7x).

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.