As of 2025-08-02, the Intrinsic Value of TP ICAP Group PLC (TCAP.L) is 348.05 GBP. This TCAP.L valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 303.50 GBP, the upside of TP ICAP Group PLC is 14.70%.
The range of the Intrinsic Value is 276.35 - 484.06 GBP
Based on its market price of 303.50 GBP and our intrinsic valuation, TP ICAP Group PLC (TCAP.L) is undervalued by 14.70%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 276.35 - 484.06 | 348.05 | 14.7% |
| DCF (Growth 10y) | 324.02 - 541.80 | 399.73 | 31.7% |
| DCF (EBITDA 5y) | 229.31 - 321.50 | 253.75 | -16.4% |
| DCF (EBITDA 10y) | 278.88 - 381.12 | 309.00 | 1.8% |
| Fair Value | 559.67 - 559.67 | 559.67 | 84.40% |
| P/E | 191.63 - 269.54 | 217.03 | -28.5% |
| EV/EBITDA | 267.27 - 429.48 | 307.20 | 1.2% |
| EPV | 438.72 - 532.60 | 485.66 | 60.0% |
| DDM - Stable | 163.39 - 377.21 | 270.30 | -10.9% |
| DDM - Multi | 180.71 - 302.63 | 224.49 | -26.0% |
| Market Cap (mil) | 2,264.05 |
| Beta | 1.16 |
| Outstanding shares (mil) | 7.46 |
| Enterprise Value (mil) | 2,170.05 |
| Market risk premium | 5.98% |
| Cost of Equity | 9.47% |
| Cost of Debt | 5.49% |
| WACC | 7.66% |