Texas Community Bancshares Valuation

Is TCBS 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-Book vs Peers
Price-To-Book vs Industry
Price-To-Book vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate TCBS's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate TCBS's fair value for valuation analysis.

Key Valuation Metric

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

Key metric: As TCBS is an unprofitable bank we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TCBS. This is calculated by dividing TCBS's market cap by their current book value.
What is TCBS's PB Ratio?
PB Ratio	2.5x
Book	US$52.71m
Market Cap	US$132.41m

TCBS 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 Book Ratio vs Peers

How does TCBS's PB Ratio compare to its peers?

The above table shows the PB ratio for TCBS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PB	Estimated Growth	Market Cap
Peer Average	0.8x
LSFG Lifestore Financial Group	1x	n/a	US$45.7m
CFSB CFSB Bancorp	0.6x	n/a	US$42.7m
FMFG Farmers and Merchants Bancshares	0.8x	n/a	US$44.5m
FFWC FFW	0.9x	n/a	US$44.0m
TCBS Texas Community Bancshares	2.5x	n/a	US$132.4m

Price-To-Book vs Peers: TCBS is expensive based on its Price-To-Book Ratio (2.5x) compared to the peer average (0.8x).

Price to Book Ratio vs Industry

How does TCBS's PB Ratio compare vs other companies in the US Banks Industry?

4 Companies	Price / Book	Estimated Growth	Market Cap
FRCB First Republic Bank	0.002x	n/a	US$27.98m
SBNY Signature Bank	0.0003x	n/a	US$2.18m
BKES.F Banco Espírito Santo	n/a	n/a	US$56.01k
BCBH.F Caribbean Investment Holdings	n/a	n/a	US$132.00

No more companies available in this PB range

4 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Book vs Industry: TCBS is expensive based on its Price-To-Book Ratio (2.5x) compared to the US Banks industry average (1x).

Price to Book Ratio vs Fair Ratio

What is TCBS's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TCBS PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio	2.5x
Fair PB Ratio	n/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TCBS's Price-To-Book 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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