Tikehau Capital (LSE:0RP0) - Stock Price, News & Analysis

0RP0 Stock Overview

An alternative asset management group with €46.1 billion of assets under management (as of 30 June 2024). More details

0RP0 fundamental analysis
Snowflake Score
Valuation	4/6
Future Growth	5/6
Past Performance	5/6
Financial Health	2/6
Dividends	2/6

Rewards

Trading at 22.6% below our estimate of its fair value

Earnings are forecast to grow 43.25% per year

Earnings grew by 41.2% over the past year

Analysts in good agreement that stock price will rise by 30.9%

Risk Analysis

Debt is not well covered by operating cash flow

Dividend of 3.64% is not well covered by free cash flows

Tikehau Capital Competitors

Man Group

LSE:EMG

UK£2.4b

Petershill Partners

LSE:PHLL

UK£2.6b

abrdn

LSE:ABDN

UK£2.5b

Bridgepoint Group

LSE:BPT

UK£2.8b

Price History & Performance

Summary of all time highs, changes and price drops for Tikehau Capital
Historical stock prices
Current Share Price	€20.70
52 Week High	€24.95
52 Week Low	€18.76
Beta	0.71
11 Month Change	-5.91%
3 Month Change	-8.00%
1 Year Change	3.63%
33 Year Change	-17.35%
5 Year Change	-13.68%
Change since IPO	-5.87%

Recent updates

Shareholder Returns

	0RP0	GB Capital Markets	GB Market
7D	0.5%	2.6%	2.2%
1Y	3.6%	26.5%	8.0%

Return vs Industry: 0RP0 underperformed the UK Capital Markets industry which returned 26.5% over the past year.

Return vs Market: 0RP0 underperformed the UK Market which returned 8% over the past year.

Price Volatility

Is 0RP0's price volatile compared to industry and market?
0RP0 volatility
0RP0 Average Weekly Movement	3.1%
Capital Markets Industry Average Movement	3.5%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	10.3%
10% least volatile stocks in GB Market	2.6%

Stable Share Price: 0RP0 has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: 0RP0's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2004	758	Thomas Friedberger	www.tikehaucapital.com

Tikehau Capital is an alternative asset management group with €46.1 billion of assets under management (as of 30 June 2024). Tikehau Capital has developed a wide range of expertise across four asset classes (private debt, real assets, private equity, and capital markets strategies), as well as multi-asset and special opportunities strategies. Tikehau Capital provides financing solutions to companies it invests in and seeks to create long-term value for its investors.

Tikehau Capital Fundamentals Summary

How do Tikehau Capital's earnings and revenue compare to its market cap?
0RP0 fundamental statistics
Market cap	€3.54b
Earnings (TTM)	€162.23m
Revenue (TTM)	€496.05m

21.8x

P/E Ratio

7.1x

P/S Ratio

Is 0RP0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0RP0 income statement (TTM)
Revenue	€496.05m
Cost of Revenue	€249.71m
Gross Profit	€246.34m
Other Expenses	€84.11m
Earnings	€162.23m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Feb 20, 2025

Earnings per share (EPS)	0.94
Gross Margin	49.66%
Net Profit Margin	32.70%
Debt/Equity Ratio	54.2%

How did 0RP0 perform over the long term?

See historical performance and comparison

Dividends

3.6%

Current Dividend Yield

81%

Payout Ratio

0RP0 Stock Overview

Rewards

Risk Analysis

Tikehau Capital Competitors

LSE:EMG

UK£2.4b

LSE:PHLL

UK£2.6b

LSE:ABDN

UK£2.5b

LSE:BPT

UK£2.8b

Price History & Performance

Recent News & Updates

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued

Tikehau Capital (ENXTPA:TKO) and Cresco Real Estate acquired 30,000 sqm office property in Berlin.

Safran Electronics & Defense SAS acquired Preligens SAS from Tikehau Capital (ENXTPA:TKO), Definvest a fund managed by Bpifrance Investissement SAS, 360 Capital Partners SAS, Wendel (ENXTPA:MF) and the management for an enterprise value of €220 million.

First half 2024 earnings released: EPS: €0.33 (vs €0.41 in 1H 2023)

Recent updates

Now 21% undervalued after recent price drop

Now 21% undervalued after recent price drop

Now 21% undervalued

Tikehau Capital (ENXTPA:TKO) and Cresco Real Estate acquired 30,000 sqm office property in Berlin.

Safran Electronics & Defense SAS acquired Preligens SAS from Tikehau Capital (ENXTPA:TKO), Definvest a fund managed by Bpifrance Investissement SAS, 360 Capital Partners SAS, Wendel (ENXTPA:MF) and the management for an enterprise value of €220 million.

First half 2024 earnings released: EPS: €0.33 (vs €0.41 in 1H 2023)

New major risk - Financial position

Tikehau Capital to Report Fiscal Year 2024 Results on Feb 20, 2025

Tikehau Capital Approves Dividend for 2023, Payable on 13 May 2024

Fremantle Limited completed the acquisition of Asacha Media Group from Oaktree Capital Management, L.P. and founding partners of Asacha.

Dividend increased to €0.75

Full year 2023 earnings released

Tikehau Capital Provides Group Earnings Guidance by 2026

Tikehau Capital Provides Group Earnings Guidance by 2026

Fremantle Limited agreed to acquire Asacha Media Group from Oaktree Capital Management, L.P. and founding partners of Asacha.

Now 20% undervalued

Tikehau Capital to Report Q4, 2023 Results on Feb 06, 2024

Now 21% undervalued after recent price drop

Tikehau Capital Launches the New Vintage of Brienne

First half 2023 earnings released: EPS: €0.41 (vs €1.58 in 1H 2022)

New major risk - Dividend sustainability

TotalEnergies SE acquired 70.8% stake in Total Eren SA from Bpifrance Investissement SAS, Next World Group, Peugeot Invest Société anonyme (ENXTPA:PEUG), Tikehau Capital (ENXTPA:TKO) for €1.5 billion.

TotalEnergies SE acquired an unknown minority stake in Total Eren SA from Bpifrance Investissement SAS, Next World Group, Peugeot Invest Société anonyme (ENXTPA:PEUG), Tikehau Capital (ENXTPA:TKO).

Tikehau Capital Approves Distribution of Dividend, Payable on May 22, 2023

Upcoming dividend of €0.70 per share at 2.9% yield

Full year 2022 earnings released: EPS: €1.83 (vs €2.06 in FY 2021)

Tikehau Capital Proposes Dividend for the Year of 2022

Tikehau Capital to Report Q3, 2023 Results on Oct 19, 2023

Now 20% undervalued after recent price drop

Now 20% undervalued after recent price drop

Tikehau Capital (ENXTPA:TKO) with the management team acquired Isotrol Sa.

Tikehau Capital Appoints Peter Westmacott as Its UK Chairman

Tikehau Capital, Annual General Meeting, May 16, 2023

First half 2022 earnings released

Tikehau Capital to Report Fiscal Year 2022 Results on Feb 16, 2023

Tikehau Real Estate Opportunity 2018 SCSP Fund, a fund managed by Tikehau Capital (ENXTPA:TKO) acquired Office building in Paris.

FL Entertainment N.V completed the acquisition of Pegasus Entrepreneurial Acquisition Company Europe B.V. (ENXTAM:PEACE) from Tikehau Capital (ENXTPA:TKO), Financière Agache Société Anonyme, Pierre Cuilleret, Jean-Pierre Mustier and Diego De Giorgi and others.

October SA acquired Credit.fr, SAS from Tikehau Capital (ENXTPA:TKO).

Upcoming dividend of €1.00 per share

Tikehau Capital to Report Q3, 2022 Results on Oct 20, 2022

Full year 2021 earnings: Revenues miss analyst expectations

First half 2021 earnings released

Tikehau Capital to Launch Tikehau Impact Credit

Tikehau Capital to Revise Dividend Policy

Upcoming dividend of €0.50 per share

Full year 2020 earnings released

Tikehau Capital Proposes Dividend for the Year 2020

Meltwater B.V. (OB:MWTR) entered into an agreement to acquire Linkfluence S.A.S. for €50 million.

Tikehau Capital Appoints Dominik P. Felsmann as Head of Germany Effective 15 March 2021

Tikehau Capital Joins Forces with Financière Agache, Jean-Pierre Mustier and Diego De Giorgi to Sponsor a Special Purpose Acquisition Company (Spac) Focused on the European Financial Services Sector

Tikehau Capital to Report First Half, 2021 Results on Sep 16, 2021

Tikehau Capital Appoints Daniel Cruise as Senior Advisor

IREIT Global (SGX:UD1U) entered into a conditional share purchase agreement to acquire the remaining 60% stake in Sadena Real Estate, S.L.U. fom Tikehau Capital (ENXTPA:TKO) for €47.8 million.

T2 Energy Transition Fund, managed by Tikehau Capital (ENXTPA:TKO) agreed to acquire a 30% stake in Euro Group S.p.A. from Ems Euro Management Services Spa for €45.5 million.

Tikehau Real Estate Opportunity 2018 SCSP Fund, managed by Tikehau Capital (ENXTPA:TKO) acquired office property in Milanofiori business district in Milan.

Tikehau Capital (ENXTPA:TKO) acquired Star America Infrastructure Partners, LLC.

Firmenich Productions Participations SAS completed the acquisition of Les Derives Resiniques Et Terpeniques SA from Ardian, Tikehau Capital (ENXTPA:TKO) and members of the founding families.

Shareholder Returns

Price Volatility