Tejon Ranch Valuation

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

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: TRC ($18.14) is trading below our estimate of fair value ($24.52)

Significantly Below Fair Value: TRC is trading below fair value by more than 20%.

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for TRC. This is calculated by dividing TRC's market cap by their current preferred multiple.
What is TRC's n/a Ratio?
n/a	0x
n/a	n/a
Market Cap	US$474.08m

TRC 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	12.5x
Enterprise Value/EBITDA	-86.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does TRC's PS Ratio compare to its peers?

The above table shows the PS ratio for TRC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1.3x
FPH Five Point Holdings	0.9x	n/a	US$484.5m
RMR RMR Group	2.2x	33.3%	US$786.1m
BBXI.A BBX Capital	0.3x	n/a	US$107.3m
CHCI Comstock Holding Companies	1.7x	n/a	US$79.8m
TRC Tejon Ranch	12.3x	n/a	US$474.1m

Price-To-Sales vs Peers: TRC is expensive based on its Price-To-Sales Ratio (12.3x) compared to the peer average (1.3x).

Price to Earnings Ratio vs Industry

How does TRC's PE Ratio compare vs other companies in the US Real Estate Industry?

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	36.2%
	n/a	n/a	n/a

Fetching data

0 Companies	Price / Earnings	Estimated Growth	Market Cap
Industry Avg.	n/a	36.2%
	n/a	n/a	n/a

No more companies

Price-To-Sales vs Industry: TRC is expensive based on its Price-To-Sales Ratio (12.3x) compared to the US Real Estate industry average (2.2x).

Price to Sales Ratio vs Fair Ratio

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

TRC PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	12.3x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate TRC's Price-To-Sales 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.