How does 8D7's PE Ratio compare to its peers?

8D7 is good value based on its Price-To-Earnings Ratio (19.8x) compared to the peer average (53.8x).

How does 8D7's PE Ratio compare vs other companies in the DE Capital Markets Industry?

8D7 is good value based on its Price-To-Earnings Ratio (19.8x) compared to the German Capital Markets industry average (20.3x).

What is 8D7's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8D7 is expensive based on its Price-To-Earnings Ratio (19.8x) compared to the estimated Fair Price-To-Earnings Ratio (17.6x).

What is the Fair Price of 8D7 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

8D7 (€3.12) is trading below our estimate of [[fair value]] (€3.56)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Target price is less than 20% higher than the current share price.

TP ICAP Group (DB:8D7) - Stock Price, News & Analysis

8D7 Stock Overview

Provides intermediary services, contextual insights, trade execution, pre-trade and settlement services, and data-led solutions in Europe, the Middle East, Africa, the Americas, and the Asia Pacific. More details

8D7 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	3/6
Past Performance	1/6
Financial Health	3/6
Dividends	3/6

Rewards

Trading at 12.4% below our estimate of its fair value

Earnings are forecast to grow 21.54% per year

Risk Analysis

Dividend of 5.68% is not well covered by earnings

Large one-off items impacting financial results

Significant insider selling over the past 3 months

TP ICAP Group PLC Competitors

flatexDEGIRO

XTRA:FTK

€1.5b

Tradegate Wertpapierhandelsbank

DB:T2G

€2.2b

JDC Group

XTRA:JDC

€317.8m

Berliner Effektengesellschaft

DB:BFV

€816.3m

Price History & Performance

Summary of all time highs, changes and price drops for TP ICAP Group
Historical stock prices
Current Share Price	UK£3.12
52 Week High	UK£3.14
52 Week Low	UK£2.02
Beta	0.65
11 Month Change	13.87%
3 Month Change	13.04%
1 Year Change	50.00%
33 Year Change	102.86%
5 Year Change	-30.36%
Change since IPO	-37.22%

Recent updates

Shareholder Returns

	8D7	DE Capital Markets	DE Market
7D	2.6%	-0.2%	-0.02%
1Y	50.0%	26.3%	8.2%

Return vs Industry: 8D7 exceeded the German Capital Markets industry which returned 26.3% over the past year.

Return vs Market: 8D7 exceeded the German Market which returned 8.2% over the past year.

Price Volatility

Is 8D7's price volatile compared to industry and market?
8D7 volatility
8D7 Average Weekly Movement	3.8%
Capital Markets Industry Average Movement	4.4%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.9%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: 8D7 has not had significant price volatility in the past 3 months compared to the German market.

Volatility Over Time: 8D7's weekly volatility (4%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
n/a	5,184	Nicolas Noel Breteau	www.tpicap.com

TP ICAP Group PLC provides intermediary services, contextual insights, 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 through Global Broking, Energy & Commodities, Liquidnet, and Parameta Solutions divisions. The Global Broking division operates in rates, foreign exchange (FX) and money markets, equities, and credit products; and offers broking, facilitating price discovery, and liquidity services.

TP ICAP Group PLC Fundamentals Summary

How do TP ICAP Group's earnings and revenue compare to its market cap?
8D7 fundamental statistics
Market cap	€2.36b
Earnings (TTM)	€119.13m
Revenue (TTM)	€2.57b

19.8x

P/E Ratio

0.9x

P/S Ratio

Is 8D7 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
8D7 income statement (TTM)
Revenue	UK£2.14b
Cost of Revenue	UK£0
Gross Profit	UK£2.14b
Other Expenses	UK£2.04b
Earnings	UK£99.00m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Mar 11, 2025

Earnings per share (EPS)	0.13
Gross Margin	100.00%
Net Profit Margin	4.63%
Debt/Equity Ratio	167.8%

How did 8D7 perform over the long term?

See historical performance and comparison

Dividends

5.7%

Current Dividend Yield

115%

Payout Ratio

8D7 Stock Overview

Rewards

Risk Analysis

TP ICAP Group PLC Competitors

XTRA:FTK

€1.5b

DB:T2G

€2.2b

XTRA:JDC

€317.8m

DB:BFV

€816.3m

Price History & Performance

Recent News & Updates

Group CEO & Executive Director recently sold €296k worth of stock

Now 21% undervalued

Upcoming dividend of UK£0.048 per share

Now 21% undervalued

Now 20% undervalued

TP ICAP Group PLC to Report First Half, 2025 Results on Aug 05, 2025

Recent updates

Group CEO & Executive Director recently sold €296k worth of stock

Now 21% undervalued

Upcoming dividend of UK£0.048 per share

Now 21% undervalued

Now 20% undervalued

TP ICAP Group PLC to Report First Half, 2025 Results on Aug 05, 2025

First half dividend of UK£0.048 announced

First half 2024 earnings released: EPS: UK£0.12 (vs UK£0.084 in 1H 2023)

Insufficient new directors

TP ICAP Group PLC (LSE:TCAP) commences an Equity Buyback Plan for 77,174,574 shares, representing 9.79% of its issued share capital, under the authorization approved on May 15, 2024.

TP ICAP Group PLC Approves Final Dividend for the Year Ended 31 December 2023

TP ICAP Group PLC to Report Fiscal Year 2024 Results on Mar 11, 2025

TP ICAP Group PLC (LSE:TCAP) agreed to acquire Aotearoa Energy Limited.

TP ICAP Group PLC Recommends Final Dividend for 2023, Payable 24 May 2024

Upcoming dividend of UK£0.048 per share at 7.6% yield

TP ICAP Group PLC to Report Q2, 2024 Results on Aug 07, 2024

TP ICAP Group PLC (LSE:TCAP) commences an Equity Buyback Plan for 78,867,093 shares, representing 10% of its issued share capital, under the authorization approved on May 17, 2023.

First half 2023 earnings released: EPS: UK£0.084 (vs UK£0.082 in 1H 2022)

TP ICAP Group PLC Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on 3 November 2023

TP ICAP Group PLC Announces Directorate Changes

Louise Murray to Stand Down as Independent Non-Executive Director of TP ICAP Group plc, Effective 30 June 2023

TP ICAP Group PLC Declares Final Dividend for the Year Ended 31 December 2022

Upcoming dividend of UK£0.079 per share at 6.9% yield

Group CEO & Executive Director recently sold €238k worth of stock

High number of new directors

Full year 2022 earnings released: EPS: UK£0.13 (vs UK£0.007 in FY 2021)

TP ICAP Group PLC Announces Board Changes, with Effect from 1 March 2023

Less than half of directors are independent

Investor sentiment improved over the past week

Upcoming dividend of UK£0.045 per share

TP ICAP Group PLC to Report Fiscal Year 2022 Results on Mar 14, 2023

Investor sentiment improved over the past week

First half 2022 earnings released: EPS: UK£0.082 (vs UK£0.001 in 1H 2021)

TP ICAP Group PLC Announces Interim Dividend, Payable on 4 November 2022

TP ICAP Appoints Daniel Fields as CEO of Its Global Broking Division

High number of new directors

TP ICAP Group PLC, Annual General Meeting, May 11, 2022

Upcoming dividend of UK£0.055 per share

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Upcoming dividend of UK£0.04 per share

Investor sentiment deteriorated over the past week

First half 2021 earnings released: EPS UK£0.001 (vs UK£0.097 in 1H 2020)

TP ICAP Group PLC (LSE:TCAP) acquired remaining 40% stake in ICAP Totan Securities Co. Limited from The Tokyo Tanshi Co., Ltd.

TP ICAP Group PLC Declares Payment of Final Dividend for the Year Ended December 31, 2020

TP ICAP Group PLC Provides Revenue Guidance for the Year 2021

TP ICAP Group PLC Recommends Final Dividend, Payable on May 18, 2021

Upcoming dividend of UK£0.02 per share

Independent Non-Executive Chairman of the Board Richard David Berliand has left the company

Senior Independent Non-Executive Director has left the company

Independent Non-Executive Director has left the company

Full year 2020 earnings released: EPS UK£0.17 (vs UK£0.12 in FY 2019)

Revenue misses expectations

New 90-day high: €2.98

Independent Non-Executive Director has left the company

Independent Non-Executive Director has left the company

Independent Non-Executive Director has left the company

Shareholder Returns

Price Volatility

About the Company