Türk Tuborg Bira ve Malt Sanayii A.S.

IBSE:TBORG Stock Report

Market Cap: ₺40.2b

Türk Tuborg Bira ve Malt Sanayii Valuation

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

Below Fair Value: TBORG (TRY128.7) is trading above our estimate of fair value (TRY9.97)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for TBORG. This is calculated by dividing TBORG's market cap by their current earnings.
What is TBORG's PE Ratio?
PE Ratio17x
Earnings₺2.44b
Market Cap₺40.22b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for TBORG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.6x
AEFES Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi
9.8x30.9%₺116.5b
ULKER Ülker Bisküvi Sanayi
7.9x43.3%₺36.9b
BANVT Banvit Bandirma Vitaminli Yem Sanayii Anonim Sirketi
10.1xn/a₺33.6b
CCOLA Coca-Cola Içecek Anonim Sirketi
10.7x42.0%₺132.2b
TBORG Türk Tuborg Bira ve Malt Sanayii
17xn/a₺40.2b

Price-To-Earnings vs Peers: TBORG is expensive based on its Price-To-Earnings Ratio (17x) compared to the peer average (9.6x).

Price to Earnings Ratio vs Industry

How does TBORG's PE Ratio compare vs other companies in the Asian Beverage Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TBORG 17.0xIndustry Avg. 19.0xNo. of Companies23PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: TBORG is good value based on its Price-To-Earnings Ratio (17x) compared to the Asian Beverage industry average (19x).

Price to Earnings Ratio vs Fair Ratio

What is TBORG'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.

TBORG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate TBORG's Price-To-Earnings Fair Ratio for valuation analysis.

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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