TPG Inc.

NasdaqGS:TPG Stock Report

Market Cap: US$22.2b

TPG Valuation

Is TPG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Discounted Cash Flow
Simply Wall St
US$12.21
Fair Value
397.7% overvalued intrinsic discount
14
Number of Analysts

Below Fair Value: TPG ($60.79) is trading above our estimate of fair value ($12.21)

Significantly Below Fair Value: TPG is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TPG?

Key metric: As TPG is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TPG. This is calculated by dividing TPG's market cap by their current revenue.
What is TPG's PS Ratio?
PS Ratio1.9x
SalesUS$3.41b
Market CapUS$22.19b

Price to Sales Ratio vs Peers

How does TPG's PS Ratio compare to its peers?

The above table shows the PS ratio for TPG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.9x
CG Carlyle Group
3.3x-2.5%US$17.7b
TROW T. Rowe Price Group
3.4x1.1%US$24.4b
NTRS Northern Trust
2.6x0.8%US$21.8b
STT State Street
2.2x3.3%US$28.3b
TPG TPG
1.9x-4.5%US$22.2b

Price-To-Sales vs Peers: TPG is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (2.9x).

Price to Sales Ratio vs Industry

How does TPG's PS Ratio compare vs other companies in the US Capital Markets Industry?

25 CompaniesPrice / SalesEstimated GrowthMarket Cap
SNEX StoneX Group
0.04xn/aUS$3.81b
CNCK Coincheck Group
0.5xn/aUS$974.07m
BRDG Bridge Investment Group Holdings
0.8x10.5%US$934.77m
OPY Oppenheimer Holdings
0.5xn/aUS$673.09m
TPG 1.9xIndustry Avg. 3.3xNo. of Companies26PS03.26.49.612.816+
25 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: TPG is good value based on its Price-To-Sales Ratio (1.9x) compared to the US Capital Markets industry average (3.3x).

Price to Sales Ratio vs Fair Ratio

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

TPG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.9x
Fair PS Ratio2.6x

Price-To-Sales vs Fair Ratio: TPG is good value based on its Price-To-Sales Ratio (1.9x) compared to the estimated Fair Price-To-Sales Ratio (2.6x).

Analyst Price Targets

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

The above table shows the analyst TPG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$60.79
US$71.43
+17.5%
10.8%US$85.00US$56.00n/a14
Feb ’26US$67.25
US$71.36
+6.1%
10.9%US$85.00US$56.00n/a14
Jan ’26US$62.84
US$70.93
+12.9%
11.6%US$86.00US$56.00n/a14
Dec ’25US$69.96
US$65.93
-5.8%
10.1%US$77.00US$56.00n/a14
Nov ’25US$65.94
US$61.21
-7.2%
12.4%US$73.00US$45.00n/a14
Oct ’25US$58.31
US$52.00
-10.8%
12.9%US$63.00US$43.00n/a14
Sep ’25US$50.45
US$49.92
-1.0%
11.0%US$63.00US$43.00n/a13
Aug ’25US$49.25
US$48.00
-2.5%
10.7%US$60.00US$40.00n/a13
Jul ’25US$40.90
US$47.46
+16.0%
7.2%US$53.00US$43.00n/a13
Jun ’25US$41.92
US$47.54
+13.4%
7.3%US$53.00US$43.00n/a13
May ’25US$43.81
US$47.31
+8.0%
7.7%US$54.00US$43.00n/a13
Apr ’25US$44.75
US$46.00
+2.8%
6.7%US$52.00US$42.00n/a14
Mar ’25US$44.96
US$46.00
+2.3%
6.7%US$52.00US$42.00n/a14
Feb ’25US$41.98
US$41.43
-1.3%
9.6%US$48.00US$36.00US$67.2514
Jan ’25US$43.17
US$35.69
-17.3%
11.8%US$45.00US$31.00US$62.8413
Dec ’24US$35.44
US$34.33
-3.1%
10.1%US$43.00US$30.00US$69.9612
Nov ’24US$28.18
US$32.25
+14.4%
4.2%US$34.00US$30.00US$65.9412
Oct ’24US$30.12
US$32.00
+6.2%
6.3%US$35.00US$28.00US$58.3112
Sep ’24US$28.05
US$31.83
+13.5%
6.5%US$35.00US$28.00US$50.4512
Aug ’24US$29.51
US$33.25
+12.7%
7.3%US$38.00US$29.00US$49.2512
Jul ’24US$29.26
US$32.33
+10.5%
11.9%US$39.00US$27.00US$40.9012
Jun ’24US$26.52
US$32.33
+21.9%
11.9%US$39.00US$27.00US$41.9212
May ’24US$28.78
US$34.00
+18.1%
9.2%US$40.00US$30.00US$43.8113
Apr ’24US$29.33
US$35.58
+21.3%
11.3%US$43.00US$30.00US$44.7513
Mar ’24US$32.85
US$35.73
+8.8%
10.9%US$43.00US$30.00US$44.9613
Feb ’24US$32.75
US$35.85
+9.5%
11.8%US$44.00US$30.00US$41.9813
Analyst Price Target
Consensus Narrative from 14 Analysts
US$71.43
Fair Value
14.9% undervalued intrinsic discount
14
Number of Analysts

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/12 04:39
End of Day Share Price 2025/02/11 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

TPG Inc. is covered by 17 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Etienne RicardBMO Capital Markets Equity Research
Arnaud Maurice GiblatBNP Paribas Exane
Craig SiegenthalerBofA Global Research