Allfunds Group plc (NL:ALLFG)
:ALLFG
Want to see NL:ALLFG full AI Analyst Report?
Top Page
Allfunds Group plc
(ALLFG)
Select Model
Select Model
Rating:52Neutral
Price Target:
€8.50
▲(0.95% Upside)
Action:ReiteratedDate:04/03/26
The score is held back primarily by mixed financial quality (very weak net income and sharply lower free cash flow despite improved operating margins) and a severely stretched valuation (P/E ~2118). Technicals are supportive with the stock trading above major moving averages, but momentum indicators are somewhat elevated, limiting the uplift.
Positive Factors
Network effects & recurring revenue
Allfunds operates a B2B funds distribution platform with recurring distribution and service fees tied to assets and transactions. Network effects create stickiness and cross-side scale, supporting durable, cash-generative revenue as AUM and long-term distribution contracts grow.
Negative Factors
Very weak net income
Despite solid operating margins, near-zero net profit and prior-year large loss indicate bottom-line volatility and limited retained earnings. Persistent minimal net income constrains the company’s ability to reinvest, fund growth from earnings, or sustainably return cash to shareholders.
Read all positive and negative factors
Positive Factors
Negative Factors
Network effects & recurring revenue
Allfunds operates a B2B funds distribution platform with recurring distribution and service fees tied to assets and transactions. Network effects create stickiness and cross-side scale, supporting durable, cash-generative revenue as AUM and long-term distribution contracts grow.
Read all positive factors
Allfunds Group plc (ALLFG) vs. iShares MSCI Netherlands ETF (EWN)
Market Cap
€5.17B
Dividend Yield1.65%
Average Volume (3M)757.67K
Price to Earnings (P/E)―
Beta (1Y)0.87
Revenue Growth-1.54%
EPS GrowthN/A
CountryNL
Employees1,031
SectorFinancial
Sector Strength70
IndustryAsset Management
Share Statistics
EPS (TTM)<0.01
Shares Outstanding601,548,700
10 Day Avg. Volume505,570
30 Day Avg. Volume757,670
Financial Highlights & Ratios
PEG Ratio-20.90
Price to Book (P/B)2.57
Price to Sales (P/S)7.83
P/FCF Ratio43.39
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€9.25Price Target Upside9.86% Upside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)0.46
Revenue Forecast (FY)€689.54M
Allfunds Group plc Business Overview & Revenue Model
Company Description
Allfunds Group plc provides B2B WealthTech platforms connecting fund houses and distributors in the United Kingdom and internationally. It operates an open-architecture platform that provides a marketplace and digital solutions matching fragmented...
How the Company Makes Money
Allfunds primarily makes money by charging fees to facilitate and support the distribution, dealing, and servicing of investment funds between asset managers (product manufacturers) and intermediaries (distributors). Key revenue streams typically ...
Allfunds Group plc Financial Statement Overview
Summary
Income Statement
54
Neutral
Balance Sheet
62
Positive
Cash Flow
45
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 621.90M | 555.54M | 491.88M | 2.74B | 2.67B |
| Gross Profit | 452.70M | 420.14M | -1.94B | 427.24M | 411.64M |
| EBITDA | 256.60M | 136.16M | 315.03M | 276.68M | 256.03M |
| Net Income | 2.30M | -168.51M | 85.71M | 49.18M | 107.73M |
Balance Sheet | |||||
| Total Assets | 5.35B | 5.07B | 5.57B | 5.13B | 5.55B |
| Cash, Cash Equivalents and Short-Term Investments | 2.56B | 2.74B | 2.27B | 1.79B | 2.25B |
| Total Debt | 2.99B | 2.62B | 390.49M | 406.82M | 69.84M |
| Total Liabilities | 3.45B | 3.03B | 3.22B | 2.77B | 3.22B |
| Stockholders Equity | 1.90B | 2.05B | 2.35B | 2.35B | 2.32B |
Cash Flow | |||||
| Free Cash Flow | 112.28M | 626.68M | 563.35M | -347.21M | 479.04M |
| Operating Cash Flow | 228.10M | 735.66M | 643.01M | -307.49M | 502.55M |
| Investing Cash Flow | -115.82M | -108.97M | -216.84M | -166.78M | -23.51M |
| Financing Cash Flow | -187.67M | -99.05M | 66.19M | -92.81M | -137.07M |
Allfunds Group plc Technical Analysis
Positive
8.42
Price Trends
8.38
Positive
8.13
Positive
7.26
Positive
Market Momentum
0.07
Negative
61.40
Neutral
74.26
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NL:ALLFG, the sentiment is Positive. The current price of 8.42 is below the 20-day moving average (MA) of 8.52, above the 50-day MA of 8.38, and above the 200-day MA of 7.26, indicating a bullish trend. The MACD of 0.07 indicates Negative momentum. The RSI at 61.40 is Neutral, neither overbought nor oversold. The STOCH value of 74.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for NL:ALLFG.
Allfunds Group plc Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | €2.73B | 14.28 | 12.31% | 7.89% | -0.08% | ― | |
68 Neutral | €1.22B | 5.94 | 24.83% | 1.83% | -0.32% | -16.81% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
64 Neutral | €14.00B | 6.24 | ― | 3.13% | 18.57% | 421.31% | |
58 Neutral | €10.58B | 6.41 | 14.36% | 5.79% | 26.07% | 45.09% | |
54 Neutral | €13.46B | 6.94 | 6.31% | 5.32% | 29.96% | -44.65% | |
52 Neutral | €5.17B | -29.42 | -7.45% | 1.65% | -1.54% | ― |
* Financial Sector Average
NL:ALLFG
Allfunds Group plc
8.59
3.34
63.46%
NL:AGN
Aegon NV
7.08
1.35
23.48%
NL:ASRNL
ASR Nederland N.V
64.98
11.32
21.10%
NL:VLK
Van Lanschot N.V.
64.20
11.67
22.22%
NL:FLOW
Flow Traders
28.56
0.74
2.66%
NL:CVC
CVC Capital Partners plc
13.31
-2.81
-17.41%
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.