TP ICAP Group PLC (TCAP.L) stock analysis

In our weekly check, TP ICAP Group PLC is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 4, red flags: 2.

About TP ICAP Group PLC

TP ICAP Group PLC is a Financial Services company (Financial - Capital Markets) based in Jersey, listed on LSE as TCAP.L.

What our checks show for TCAP.L

Red flags

• The stock has fallen as much as 83% from a peak. Would you have held through that?
• Return on capital (ROCE) is only 4.2%.

Warning signs

• Analysts expect only about 3.7% a year of growth in revenue.
• Revenue grew only 3.8% a year over the last 3 years.
• The net margin is only 7.9%: little room if costs rise.
• The stock is still below its previous peak.

Strengths

• The net margin rose by 7.6 points over 5 years, to 7.9%.
• The gross margin is 95.1% and has risen by 52.7 points: pricing power is holding.
• Operating cash flow is 1.33x net profit: the profit arrives as real cash.
• Analysts expect earnings per share to grow about 17.9% a year over the next years.
• Analysts expect the net margin to improve by 3.5 points from today's 7.9%.
• Earnings per share grew 24.4% a year over the last 3 years.

Similar companies

PJT · PIPR · INVP.L · HLI

Questions

What grade does TP ICAP Group PLC (TCAP.L) have?

In our weekly check, TP ICAP Group PLC is graded B (A to F). Of 25 checks on debt, profit, cash flow and trend: 19 pass, warnings: 4, red flags: 2. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of TCAP.L stock?

This week's biggest flags for TP ICAP Group PLC: Deep past fall, Low return on capital, Weak revenue forecast. In total 6 of 25 checks show a warning or a red flag.

What does TP ICAP Group PLC do?

TP ICAP Group PLC is a Financial Services company (Financial - Capital Markets) based in Jersey, listed on LSE as TCAP.L.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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