TP ICap (TCAP) AI Stock Analysis

• Market Cap: £1.80B
• Dividend Yield: 6.35%
• Average Volume (3M): 1.29M
• Price to Earnings (P/E): 10.8
• Beta (1Y): 1.12
• Revenue Growth: 5.77%
• EPS Growth: 81.14%
• Country: UK
• Employees: 5,305
• Sector: N/A
• Sector Strength: N/A
• Industry: Financial - Capital Markets
• EPS (TTM): 0.17
• Shares Outstanding: 744,589,360
• 10 Day Avg. Volume: 1,113,840
• 30 Day Avg. Volume: 1,288,426
• PEG Ratio: 0.09
• Price to Book (P/B): 0.95
• Price to Sales (P/S): 0.87
• P/FCF Ratio: 5.68
• 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: £336.00
• Price Target Upside: 31.51% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 74 Outperform
• Price Target: 281.00p ▲(9.98% Upside)

TP ICAP's strong financial performance and attractive valuation are the primary strengths, supported by a positive corporate event in the form of a share buyback program. However, technical indicators suggest caution due to bearish momentum. Overall, the stock presents a balanced opportunity with solid financials and valuation, but technical trends warrant careful monitoring.

TP ICap Business Overview & Revenue Model

Company Description

TP ICap (TCAP) is a prominent interdealer broker, specializing in facilitating transactions across various financial markets, including fixed income, foreign exchange, commodities, and equity derivatives. The company operates primarily in the wholesale financial services sector, providing innovative trading solutions and market intelligence to institutional clients. Its core products and services include trade execution, market-making, and post-trade services, enabling clients to navigate complex markets efficiently.

How the Company Makes Money

TP ICap generates revenue through a variety of key streams, primarily by charging commissions or fees for facilitating trades between buyers and sellers in the financial markets. The company earns a significant portion of its income from brokerage commissions on transactions executed through its platform, which can vary based on the volume and type of trades. Additionally, TCAP may receive fees for providing market data and analytics services, which offer clients insights into market trends and pricing. The firm also benefits from its relationships with major financial institutions, including banks and hedge funds, which rely on TCAP for liquidity and access to various financial instruments. Strategic partnerships and technological investments further enhance its service offerings, contributing to consistent revenue growth.

TP ICap Financial Statement Overview

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Cash Flow

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Total Revenue
Gross Profit
EBITDA
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Cash, Cash Equivalents and Short-Term Investments
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TP ICap Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 255.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• 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 255.5 is above the 20-day moving average (MA) of 254.78, above the 50-day MA of 251.73, and below the 200-day MA of 262.28, indicating a bearish trend. The MACD of 0.30 indicates Positive momentum. The RSI at 45.23 is Neutral, neither overbought nor oversold. The STOCH value of 29.28 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
Sector *	―	―	―	―	―	―	―
TCAP	74 Outperform	£1.80B	10.77	8.74%	6.35%	5.77%	81.14%
INVP	68 Neutral	£10.59B	7.75	12.21%	6.78%	-2.34%	2.55%
CAV	60 Neutral	£38.36M	23.84	3.69%	7.96%	-9.55%	―
PEEL	58 Neutral	£126.00M	25.41	4.84%	―	15.42%	―
CBG	51 Neutral	£773.01M	-7.50	-9.28%	―	-15.79%	-211.91%
WHI	48 Neutral	£9.90M	―	―	―	―	―

TP ICap Corporate Events

TP ICAP Reports Revenue Growth Amidst Mixed Divisional Performance

TP ICAP Group plc reported a 7% increase in group revenue for the first nine months of 2025, reaching £1,783 million, driven by strong performances in its Global Broking and Liquidnet divisions. However, the Energy & Commodities division saw a decline due to competition for broking talent, though a strong hiring pipeline is expected to yield benefits from 2026. The company remains focused on sustainable growth for its Parameta Solutions division and is considering a potential minority US listing. The Board is confident about meeting full-year market expectations for adjusted EBIT, with a significant portion of revenues and costs being USD-denominated.

The most recent analyst rating on (GB:TCAP) stock is a Buy with a £294.00 price target. To see the full list of analyst forecasts on TP ICap stock, see the GB:TCAP Stock Forecast page.