Scotiabank Trinidad and Tobago Valuation

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

Below Fair Value: SBTT (TTD56.94) is trading above our estimate of fair value (TTD26.88)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SBTT. This is calculated by dividing SBTT's market cap by their current earnings.
What is SBTT's PE Ratio?
PE Ratio	14.4x
Earnings	TT$696.65m
Market Cap	TT$10.04b

SBTT 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	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SBTT 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	9.1x
FCGFH First Citizens Group Financial Holdings	11.7x	n/a	TT$10.2b
CIBC FirstCaribbean International Bank	7.4x	n/a	TT$12.1b
RFHL Republic Financial Holdings	9.6x	n/a	TT$18.9b
TCAP Thanachart Capital	7.7x	6.9%	฿51.6b
SBTT Scotiabank Trinidad and Tobago	14.4x	n/a	TT$10.0b

Price-To-Earnings vs Peers: SBTT is expensive based on its Price-To-Earnings Ratio (14.4x) compared to the peer average (9.1x).

Price to Earnings Ratio vs Industry

How does SBTT's PE Ratio compare vs other companies in the South American Banks Industry?

1 Company	Price / Earnings	Estimated Growth	Market Cap

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SBTT is expensive based on its Price-To-Earnings Ratio (14.4x) compared to the South American Banks industry average (8.8x).

Price to Earnings Ratio vs Fair Ratio

What is SBTT'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.

SBTT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	14.4x
Fair PE Ratio	n/a

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