Risk factor
Modest price volatility
Profitability factor
Undervalued vs peers
About
TMBThanachart Bank Public Company Limited, together with its subsidiaries, provides various commercial banking products and services to individuals, small and medium sized enterprises (SME), and corporate customers primarily in Thailand. It operates through Commercial Banking and Retail Banking segments. The company offers basic, current, cash concentration, corporate liquidity, term and foreign currency deposit, multi-currency, and...
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is fairly valued on P/E, underpriced on P/RIBP.
Target Price
The average target price of TTB.BK is 1.9 and suggests 7% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to dec
