Ray Sigorta Anonim Sirketi

IBSE:RAYSG Stock Report

Market Cap: ₺62.6b

Ray Sigorta Anonim Sirketi Valuation

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

Below Fair Value: RAYSG (TRY395) is trading above our estimate of fair value (TRY7.09)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RAYSG. This is calculated by dividing RAYSG's market cap by their current earnings.
What is RAYSG's PE Ratio?
PE Ratio37.7x
Earnings₺1.71b
Market Cap₺62.62b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RAYSG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average6.6x
ANSGR Anadolu Anonim Türk Sigorta Sirketi
4.7xn/a₺41.6b
AKGRT Aksigorta
5.5x30.2%₺9.3b
TURSG Türkiye Sigorta
5.8xn/a₺61.1b
ANHYT Anadolu Hayat Emeklilik Anonim Sirketi
10.4xn/a₺39.6b
RAYSG Ray Sigorta Anonim Sirketi
37.7xn/a₺62.6b

Price-To-Earnings vs Peers: RAYSG is expensive based on its Price-To-Earnings Ratio (37.7x) compared to the peer average (6.6x).


Price to Earnings Ratio vs Industry

How does RAYSG's PE Ratio compare vs other companies in the Asian Insurance Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
RAYSG 37.7xIndustry Avg. 11.0xNo. of Companies46PE0816243240+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RAYSG is expensive based on its Price-To-Earnings Ratio (37.7x) compared to the Asian Insurance industry average (11x).


Price to Earnings Ratio vs Fair Ratio

What is RAYSG'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.

RAYSG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RAYSG'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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