TBO Tek (TBOTEK)

FairStock Score: 48/100 — MIXED

Score breakdown: P/E: 0/3 · ROCE: 2/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for a business with durable advantages, honest management, and a fair price. TBO Tek is in tour and travel related services, a competitive, cyclical field. The quality signs are real: ROE 20.34%, ROCE 26.68%, Piotroski F-Score 8/9, and a moderate debt/equity of 0.49. Profit growth of 24.56% and a five-year revenue CAGR of 24.92% show it has compounded quickly. Latest quarter sales were ₹784 Cr with net profit ₹54 Cr. Promoter holding at 44.40% gives some alignment. But I must look at cash and price. Free cash flow is negative ₹154 Cr, so profits are not yet turning into cash. Sales growth has slowed to 7.37%, even as profit growth remains strong, and Altman Z-Score of 2.02 puts it in a gray zone. The dividend yield is nil. Valuation is the biggest hurdle: at ₹1,633.30, P/E is 66.23 and P/B is 11.26 against book value of ₹145.01. Graham Number is ₹239.22, giving a margin of safety of -412.42%. That means the market is paying a huge premium for future growth. EV/EBITDA at -235.83 is not a useful comfort. FairStock Score of 48/100 says mixed. A great fast grower can still be a poor investment if bought too dear. I would wait for a much lower price or evidence that cash flow turns positive and growth reaccelerates. Until then, this is not a Graham bargain; it is a quality growth candidate priced for perfection.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer