TCBX Valuation

Third Coast Bancshares Inc

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38.375

-0.235(-0.609%)1D

Overview
Forecast
Valuation
Earnings

TCBX Relative Valuation

TCBX's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TCBX is overvalued; if below, it's undervalued.

Historical Valuation

Third Coast Bancshares Inc (TCBX) is now in the Fair zone, suggesting that its current forward PE ratio of 11.24 is considered Fairly compared with the five-year average of 11.68. The fair price of Third Coast Bancshares Inc (TCBX) is between 25.14 to 51.01 according to relative valuation methord.

Relative Value

Fair Zone

25.14-51.01

Current Price：38.38

Fair

11.24

Trailing

Forward

0.00

EV/EBITDA

Third Coast Bancshares Inc. (TCBX) has a current EV/EBITDA of 0.00. The 5-year average EV/EBITDA is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward EV/EBITDA of 0.00 falls within the Strongly Undervalued range.

NaN

EV/EBIT

Third Coast Bancshares Inc. (TCBX) has a current EV/EBIT of NaN. The 5-year average EV/EBIT is NaN. The thresholds are as follows: Strongly Undervalued below NaN, Undervalued between NaN and NaN, Fairly Valued between NaN and NaN, Overvalued between NaN and NaN, and Strongly Overvalued above NaN. The current Forward EV/EBIT of NaN falls within the range.

2.59

Third Coast Bancshares Inc. (TCBX) has a current PS of 2.59. The 5-year average PS is 2.02. The thresholds are as follows: Strongly Undervalued below 1.06, Undervalued between 1.06 and 1.54, Fairly Valued between 2.50 and 1.54, Overvalued between 2.50 and 2.98, and Strongly Overvalued above 2.98. The current Forward PS of 2.59 falls within the Overvalued range.

0.00

P/OCF

Third Coast Bancshares Inc. (TCBX) has a current P/OCF of 0.00. The 5-year average P/OCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/OCF of 0.00 falls within the Strongly Undervalued range.

0.00

P/FCF

Third Coast Bancshares Inc. (TCBX) has a current P/FCF of 0.00. The 5-year average P/FCF is 0.00. The thresholds are as follows: Strongly Undervalued below 0.00, Undervalued between 0.00 and 0.00, Fairly Valued between 0.00 and 0.00, Overvalued between 0.00 and 0.00, and Strongly Overvalued above 0.00. The current Forward P/FCF of 0.00 falls within the Strongly Undervalued range.

Third Coast Bancshares Inc (TCBX) has a current Price-to-Book (P/B) ratio of 1.08. Compared to its 3-year average P/B ratio of 0.75 , the current P/B ratio is approximately 44.59% higher. Relative to its 5-year average P/B ratio of 0.81, the current P/B ratio is about 33.05% higher. Third Coast Bancshares Inc (TCBX) has a Forward Free Cash Flow (FCF) yield of approximately 7.71%. Compared to its 3-year average FCF yield of 8.19%, the current FCF yield is approximately -5.86% lower. Relative to its 5-year average FCF yield of 6.36% , the current FCF yield is about 21.19% lower.

1.08

P/B

Median3y

0.75

Median5y

0.81

7.71

FCF Yield

Median3y

8.19

Median5y

6.36

Competitors Valuation Multiple

The average P/S ratio for TCBX's competitors is 2.17, providing a benchmark for relative valuation. Third Coast Bancshares Inc Corp (TCBX) exhibits a P/S ratio of 2.59, which is 19.15% above the industry average. Given its robust revenue growth of 26.91%, this premium appears sustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

TCBX.O

Third Coast Bancshares Inc

Northfield Bancorp Inc

Southern Missouri Bancorp Inc

Greene County Bancorp Inc

Performance Decomposition

Market capitalization of TCBX increased by 49.84% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 41.11M to 52.18M.

The secondary factor is the Margin Expansion, contributed 22.24%to the performance.

Overall, the performance of TCBX in the past 1 year is driven by Revenue Growth. Which is more sustainable.

26.91%

41.11M → 52.18M

Revenue Growth

22.24%

26.26 → 32.10

Margin Expansion

0.69%

11.71 → 11.79

P/E Change

49.84%