TP ICap (TCAP) AI Stock Analysis

• Market Cap: £1.95B
• Dividend Yield: 5.89%
• Average Volume (3M): 1.83M
• Price to Earnings (P/E): 11.8
• Beta (1Y): 1.10
• Revenue Growth: 5.77%
• EPS Growth: 81.14%
• Country: UK
• Employees: 5,305
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Capital Markets
• EPS (TTM): 0.17
• Shares Outstanding: 746,242,000
• 10 Day Avg. Volume: 1,919,281
• 30 Day Avg. Volume: 1,830,901
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: £374.00
• Price Target Upside: 36.75% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2

• Rating: 70 Outperform
• Price Target: 305.00p ▲(11.52% Upside)

TP ICap's strong financial performance and attractive valuation are key strengths, supporting a solid overall score. However, technical indicators suggest short-term bearish momentum, which slightly offsets the positive financial outlook. The absence of earnings call data and corporate events means these factors do not influence the score.

TP ICap Business Overview & Revenue Model

Company Description

TP ICAP Group PLC provides intermediary services, contextual insights and intelligence, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. It operates in Global Broking, Energy & Commodities, Agency Execution, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange and money markets, emerging markets, equities, and credit products; and offers broking, facilitating price discovery, liquidity, execution, and risk management services to participants in the wholesale financial markets. The Energy & Commodities division operates in various commodities markets, including oil, gas, power, renewables, ferrous metals, base metals, precious metals, soft commodities, and coal. This division also assists in canvassing the market for expressions of interest, intelligence gathering, negotiations, and post-transaction processing; and provides insights on the impact of unpredictable factors, such as weather conditions, geopolitics, and exchange rate movements. The Agency Execution division operates Liquidnet, a cash equities dark/block electronic trading network; and Coex Partners, a trade advisory and agency execution service that covers listed derivatives, foreign exchange, government bonds, cleared interest rate swaps, and cash equities. This division serves hedge funds, asset managers, and asset owners. The Parameta Solutions division provides unbiased data products that facilitate trading, enhance transparency, reduce risk, and improve operational efficiency; and post trade solutions. This division also offers real-time price information for the OTC financial and commodity markets delivering independent data for various asset classes, including rates, foreign exchange and money markets, volatility, oil, energy, inflation, credit, and equities. TP ICAP Group PLC is based in St Helier, Jersey.

How the Company Makes Money

TP ICap generates revenue primarily through transaction-based fees, which are earned when clients execute trades or utilize its brokerage services. The company charges a commission on the trades facilitated between counterparties and also earns income from the provision of risk management services. Additionally, TCAP benefits from data and analytics services, offering market insights that clients are willing to pay for. Significant partnerships with major financial institutions enhance its network and client base, contributing to its earnings by increasing transaction volumes. The firm's focus on technology also aids in streamlining operations and reducing costs, thereby improving profit margins.

TP ICap Financial Statement Overview

Summary

TP ICap shows strong financial performance with a stable balance sheet and robust cash flow. The company has a healthy equity ratio and improved debt-to-equity ratio, indicating reduced leverage risk. Despite a slight decline in revenue, the net profit margin improved, reflecting better cost controls.

Income Statement

The company demonstrates stable revenue with a slight decline from the previous year. Gross profit margin remains strong, indicating efficient cost management. However, there is a notable decrease in EBIT and EBITDA margins, reflecting challenges in maintaining operating efficiency. The net profit margin improved significantly, showing better cost controls and profitability.

Balance Sheet

The balance sheet shows a healthy equity ratio, indicating a strong financial structure. Debt-to-equity ratio has improved, signifying lower leverage risk. Return on Equity is positive, highlighting effective use of equity to generate profits. Overall, the company's financial stability is solid with reduced debt levels.

Cash Flow

Operating cash flow has increased, enhancing liquidity position. Free cash flow is robust, reflecting effective cash management. The company exhibits strong cash flow to net income ratios, indicating healthy cash generation relative to earnings. Overall, cash flow management appears strong and supportive of financial flexibility.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	2.25B	2.19B	2.12B	1.86B	1.79B
Gross Profit	793.00M	762.00M	599.00M	792.00M	725.00M
EBITDA	378.00M	276.00M	293.00M	268.00M	303.00M
Net Income	167.00M	74.00M	77.00M	1.00M	96.00M
Balance Sheet
Total Assets	6.45B	6.21B	5.86B	5.45B	72.73B
Cash, Cash Equivalents and Short-Term Investments	1.22B	1.03B	1.33B	1.06B	783.00M
Total Debt	974.00M	1.09B	1.07B	1.14B	937.00M
Total Liabilities	4.37B	4.14B	3.70B	3.47B	71.04B
Stockholders Equity	2.06B	2.05B	2.14B	1.96B	1.68B
Cash Flow
Free Cash Flow	344.00M	215.00M	271.00M	53.00M	91.00M
Operating Cash Flow	353.00M	270.00M	324.00M	111.00M	144.00M
Investing Cash Flow	-30.00M	-21.00M	-78.00M	-289.00M	-53.00M
Financing Cash Flow	-277.00M	-130.00M	-163.00M	296.00M	-105.00M

TP ICap Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 273.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TCAP, the sentiment is Negative. The current price of 273.5 is below the 20-day moving average (MA) of 278.40, below the 50-day MA of 289.03, and above the 200-day MA of 263.57, indicating a neutral trend. The MACD of -3.14 indicates Positive momentum. The RSI at 42.33 is Neutral, neither overbought nor oversold. The STOCH value of 28.97 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TCAP.

TP ICap Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
ALPH	78 Outperform	1.77B	21.55	33.44%	0.35%	17.44%	-12.83%
CMCX	77 Outperform	623.81M	9.98	14.88%	5.10%	-0.07%	34.54%
IGG	76 Outperform	3.73B	10.40	20.65%	4.39%	9.46%	32.24%
PLUS	74 Outperform	2.16B	10.75	42.39%	5.49%	1.09%	4.88%
TCAP	70 Outperform	£1.95B	11.77	8.74%	5.89%	5.77%	81.14%
CBG	68 Neutral	722.69M	-7.11	0.00%	―	3.73%	-172.06%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%

TP ICap Corporate Events

TP ICAP Executes Share Buyback on London Stock Exchange

TP ICAP Group plc has announced the repurchase of 378,628 of its own shares to be held in treasury, executed through Peel Hunt LLP on the London Stock Exchange. This transaction is part of the company’s Share Buyback Programme, impacting its total voting rights and potentially influencing shareholder calculations under the Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £317.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback to Enhance Capital Structure

TP ICAP Group plc has executed a share buyback program, purchasing 394,788 of its own shares on the London Stock Exchange to be held in treasury. This transaction is part of the company’s strategy to manage its capital structure and enhance shareholder value, reflecting a proactive approach to financial management and potentially impacting the company’s market positioning and stakeholder interests.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £317.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Enhances Capital Structure with Share Buyback

TP ICAP Group plc has announced the repurchase of 438,196 of its own shares, which will be held in treasury. This transaction, executed through Peel Hunt LLP, is part of the company’s ongoing share buyback program. The repurchase reflects TP ICAP’s strategic decision to manage its capital structure and potentially enhance shareholder value. Following this transaction, the company’s total voting rights stand at 749,684,046 shares, which stakeholders can use to assess their interest in the company.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £312.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback on London Stock Exchange

TP ICAP Group plc has repurchased 421,988 of its own shares to be held in treasury, with the transaction executed through Peel Hunt LLP on the London Stock Exchange. This buyback is part of the company’s strategy to manage its share capital and potentially enhance shareholder value, impacting the total voting rights available to shareholders.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £312.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback Program

TP ICAP Group plc has executed a share buyback program, purchasing 296,964 of its own shares on the London Stock Exchange to be held in treasury. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting a proactive approach to capital management and market positioning.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £312.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback on London Stock Exchange

TP ICAP Group plc has announced the purchase of 192,911 of its own shares on the London Stock Exchange to be held in treasury. This move is part of the company’s Share Buyback Programme, which aims to manage its capital structure effectively. Following this transaction, the company now has 44,549,738 shares held in treasury, with 750,841,194 shares representing the total voting rights. This strategic buyback could potentially enhance shareholder value and reflects the company’s confidence in its financial position.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £312.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback on London Stock Exchange

TP ICAP Group plc has announced the repurchase of 397,789 of its own shares to be held in treasury, executed through Peel Hunt LLP on the London Stock Exchange. This transaction is part of the company’s share buyback program, which impacts the total voting rights and share capital structure, potentially influencing shareholder interests and market perceptions.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £312.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback on London Stock Exchange

TP ICAP Group plc announced the purchase of 306,395 of its own shares to be held in treasury, as part of its Share Buyback Programme. This transaction, executed through Peel Hunt LLP on the London Stock Exchange, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £310.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback to Enhance Shareholder Value

TP ICAP Group plc has announced the repurchase of 392,299 of its own shares on the London Stock Exchange, with the shares to be held in treasury. This transaction is part of the company’s ongoing Share Buyback Programme, which aims to optimize its capital structure and enhance shareholder value by reducing the number of shares available in the market. The purchase reflects TP ICAP’s strategic focus on maintaining financial flexibility and delivering long-term value to its stakeholders.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £310.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.

TP ICAP Executes Share Buyback to Optimize Capital Structure

TP ICAP Group plc announced a share buyback, purchasing 138,542 of its own shares to be held in treasury, with the highest price paid per share at 285 pence. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, impacting the total voting rights and share capital distribution.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £310.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.