TFS Financial's Valuation: Efficiency Gains from Heron Broker Suite Adoption Raise Questions on Pricing

TFS Financial's share price is at $14.13, with a 9.37% 90-day share price return and a 22.74% 1-year total shareholder return. The bank has automated 4,000 monthly credit decisions and reduced manual processing effort. However, its P/E ratio of 44x is above the peer and sector averages and its DCF model is even more conservative, indicating a potentially overvalued market pricing.