City Cars Valuation

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

CITY (TND12.5) is trading above our estimate of [[fair value]] (TND1.5)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: CITY (TND12.5) is trading above our estimate of fair value (TND1.5)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for CITY. This is calculated by dividing CITY's market cap by their current earnings.
What is CITY's PE Ratio?
PE Ratio	7.1x
Earnings	د.ت31.72m
Market Cap	د.ت223.64m

CITY 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	0.4x
Enterprise Value/EBITDA	3.4x
PEG Ratio	6.4x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for CITY 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	29.9x
NAKL Ennakl Automobiles	7.8x	2.8%	د.ت325.5m
ARTES Automobile Réseau Tunisien et Services	11x	6.5%	د.ت297.2m
MNP Société Nouvelle Maison de la Ville de Tunis	93.8x	6.3%	د.ت95.0m
CARS Industri dan Perdagangan Bintraco Dharma	6.9x	n/a	Rp1.2t
CITY City Cars	7.1x	1.1%	د.ت223.6m

Price-To-Earnings vs Peers: CITY is good value based on its Price-To-Earnings Ratio (7.1x) compared to the peer average (29.9x).

Price to Earnings Ratio vs Industry

How does CITY's PE Ratio compare vs other companies in the African Specialty Retail Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap

0 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: CITY is good value based on its Price-To-Earnings Ratio (7.1x) compared to the African Specialty Retail industry average (10.2x).

Price to Earnings Ratio vs Fair Ratio

What is CITY'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.

CITY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.1x
Fair PE Ratio	13.8x

Price-To-Earnings vs Fair Ratio: CITY is good value based on its Price-To-Earnings Ratio (7.1x) compared to the estimated Fair Price-To-Earnings Ratio (13.8x).

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.