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The Property Franchise Group PLC (GB:TPFG)
LSE:TPFG
UK Market
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The Property Franchise (TPFG) AI Stock Analysis

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GB:TPFG

The Property Franchise

(LSE:TPFG)

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Outperform 75 (OpenAI - 5.2)
Rating:75Outperform
Price Target:
512.00 p
▼(-3.03% Downside)
Action:Reiterated
Date:08/06/26
Overall score is driven primarily by strong financial performance (profitability, low leverage, and high free-cash-flow conversion) and supportive shareholder yield at a reasonable P/E. The main constraint is weak technical momentum, with the share price below key moving averages and a negative MACD, tempering near-term outlook.
Positive Factors
Franchise-based, recurring revenue model
A franchising model creates durable, recurring revenue via upfront fees, ongoing royalties and paid central services. Low capital intensity and a large franchised network increase scalability, produce predictable cashflows, and align incentives with franchisee success over multi‑year horizons.
Negative Factors
Margin compression
A sharp decline in gross margin suggests rising direct costs or an adverse revenue mix that could persist. Sustained margin pressure would erode the franchisor's high operating leverage, reduce distributable cash, and weaken long‑term profitability unless offset by pricing or efficiency gains.
Read all positive and negative factors
Positive Factors
Negative Factors
Franchise-based, recurring revenue model
A franchising model creates durable, recurring revenue via upfront fees, ongoing royalties and paid central services. Low capital intensity and a large franchised network increase scalability, produce predictable cashflows, and align incentives with franchisee success over multi‑year horizons.
Read all positive factors

The Property Franchise (TPFG) vs. iShares MSCI United Kingdom ETF (EWC)

The Property Franchise Business Overview & Revenue Model

Company Description
Operating within the United Kingdom, The Property Franchise Group PLC specializes in the oversight and management of residential real estate. The company provides a broad spectrum of services to both landlords and tenants, encompassing residential...
How the Company Makes Money
TPFG makes money primarily by franchising its estate agency and lettings brands and providing services to the resulting network. Key revenue streams typically include: (1) franchise fees and ongoing royalties/management service fees paid by franch...

The Property Franchise Financial Statement Overview

Summary
Strong overall fundamentals: rapid multi-year revenue expansion, sector-strong profitability (2025 net margin ~22.6%, EBIT margin ~30.2%), conservative leverage (debt-to-equity ~0.11), and excellent earnings quality with free cash flow ~99% of net income. Key offset is 2025 margin compression (notably gross margin down vs 2024) and some variability in operating cash flow versus profits across periods.
Income Statement
84
Very Positive
Balance Sheet
86
Very Positive
Cash Flow
88
Very Positive
BreakdownDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue84.26M67.31M27.28M27.16M24.04M
Gross Profit41.91M44.97M21.88M19.80M18.78M
EBITDA31.85M20.77M11.31M11.40M9.39M
Net Income19.05M10.19M7.39M7.23M3.47M
Balance Sheet
Total Assets206.36M203.98M57.68M57.81M60.37M
Cash, Cash Equivalents and Short-Term Investments10.88M4.16M7.64M6.68M8.41M
Total Debt16.79M17.07M4.54M7.36M13.83M
Total Liabilities51.32M59.89M16.87M20.63M27.01M
Stockholders Equity155.07M144.16M40.81M37.16M33.35M
Cash Flow
Free Cash Flow22.28M14.38M8.59M8.49M8.69M
Operating Cash Flow22.42M14.68M9.02M9.01M8.95M
Investing Cash Flow-4.04M-15.76M-414.00K-234.00K-13.73M
Financing Cash Flow-11.66M-2.40M-7.65M-10.51M4.42M

The Property Franchise Technical Analysis

Technical Analysis Sentiment
Negative
Last Price528.00
Price Trends
50DMA
471.32
Negative
100DMA
464.10
Negative
200DMA
471.16
Negative
Market Momentum
MACD
-8.35
Positive
RSI
40.58
Neutral
STOCH
6.45
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TPFG, the sentiment is Negative. The current price of 528 is above the 20-day moving average (MA) of 456.32, above the 50-day MA of 471.32, and above the 200-day MA of 471.16, indicating a bearish trend. The MACD of -8.35 indicates Positive momentum. The RSI at 40.58 is Neutral, neither overbought nor oversold. The STOCH value of 6.45 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TPFG.

The Property Franchise Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
£22.27M13.6424.42%7.44%-0.54%-7.87%
75
Outperform
£280.51M14.8312.56%4.17%25.19%72.02%
71
Outperform
£343.11M16.865.05%6.02%-0.42%-13.35%
68
Neutral
£109.86M13.025.76%3.05%-0.77%-44.83%
68
Neutral
£251.91M16.0620.71%4.69%5.96%-2.01%
65
Neutral
$2.17B12.193.79%4.94%3.15%1.96%
62
Neutral
£4.36M43.372.32%6.43%-6.18%-66.67%
* Real Estate Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:TPFG
The Property Franchise
445.00
-94.22
-17.47%
GB:FLK
Fletcher King
42.50
17.21
68.05%
GB:FOXT
Foxtons
36.85
-18.09
-32.93%
GB:LSL
LSL Property Services
268.00
11.29
4.40%
GB:WINK
M Winkworth
172.50
-13.44
-7.23%
GB:MTVW
Mountview Estates
8,800.00
-531.72
-5.70%

The Property Franchise Corporate Events

Business Operations and StrategyFinancial Disclosures
Property Franchise Group Delivers Record H1 and Expands Platform Amid Subdued Sales Market
Positive
Aug 5, 2026
The Property Franchise Group reported record first-half results, underscoring the resilience of its diversified franchise, financial services and licensing platform in a subdued UK housing market. The Group’s focus on recurring revenue from ...
Business Operations and StrategyExecutive/Board Changes
Property Franchise Group Tightens Executive Incentives With New Share Options
Positive
Jun 26, 2026
The Property Franchise Group has granted nominal cost options over 920,000 ordinary shares to executives and employees under its share option plan, seeking to reward contributions to strategic goals and sharpen alignment with shareholders. The lar...
Business Operations and StrategyStock BuybackDividendsShareholder Meetings
Property Franchise Group Wins Strong Shareholder Backing at AGM
Positive
May 28, 2026
Shareholders in The Property Franchise Group PLC overwhelmingly backed all 17 resolutions at the company’s annual general meeting held on 28 May 2026, including the receipt of the 2025 annual report and the re-election of the entire board. I...
Business Operations and StrategyFinancial DisclosuresM&A Transactions
Property Franchise Group flags landlord regulation tailwind as trading meets expectations
Positive
May 28, 2026
The Property Franchise Group said trading remains in line with board expectations, supported by a highly cash-generative, franchise-led model that delivers substantial recurring revenues and cushions short-term housing market volatility. Managemen...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 06, 2026