Tp Icap Group PLC
Tp Icap Group PLC provides investment banking and brokerage services, primarily generating revenue through trading commissions, asset management fees, and advisory services.
Business. Tp Icap Group PLC (TCAPI.L) is a financial services firm operating within the Investment Banking & Brokerage Services industry. The company generates revenue primarily through fee-based models associated with banking and investment services. It is headquartered in the United Kingdom and maintains its primary listing on the London Stock Exchange. Specific details regarding operating segments or geographic revenue mix are not provided in the available data.
Analyst recommendations
6 analysts · consensus BuyAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Signals & dispatch
Composite-score breakdown
Synthesis
Tp Icap Group PLC (TCAPI.L) is a financial services firm operating within the Investment Banking & Brokerage Services industry. The company generates revenue primarily through fee-based models associated with banking and investment services. It is headquartered in the United Kingdom and maintains its primary listing on the London Stock Exchange. Specific details regarding operating segments or geographic revenue mix are not provided in the available data.
Tp Icap Group PLC maintains a liquidity position with a current ratio of 1.2, indicating a moderate ability to meet short-term obligations. The company's liquidity_fpt metric suggests a stable cash position, supported by GBP 936 million in cash and equivalents. However, the firm's net cash position is negative after subtracting total debt, signaling potential liquidity constraints.
The company's profitability is reflected in a return on equity (ROE) of 9.21% and a return on assets (ROA) of 2.27%. These figures are in line with the industry's preferred metrics, though the ROA is relatively modest compared to the sector median. The firm's operating margin of 11.22% (calculated from operating income of GBP 264 million on revenue of GBP 2.35 billion) suggests a competitive cost structure.
Tp Icap Group PLC operates primarily in the investment banking and brokerage services segment, with no disclosed geographic revenue breakdown. The firm's revenue is concentrated in a single business line, which may increase exposure to sector-specific risks.
The company's growth trajectory is expected to remain stable, with no significant revenue growth projected in the current or next fiscal year. Historical revenue trends show a consistent performance, with GBP 2.35 billion in the latest reporting period.
The risk assessment indicates a medium liquidity risk and a low dilution risk. The firm's debt-to-equity ratio of 0.5 suggests a conservative capital structure, but the negative net cash position raises concerns about short-term liquidity. No significant dilution events are expected in the near term.
Recent filings and transcripts do not highlight any material events that would significantly impact the company's operations or financial position. The firm's capital expenditures are negative, indicating a reduction in long-term investments.
- Tp Icap Group PLC maintains a conservative capital structure with a debt-to-equity ratio of 0.5.
- The company's ROE of 9.21% is strong, but its ROA of 2.27% is relatively modest.
- Revenue is concentrated in a single business line, increasing exposure to sector-specific risks.
- The firm's liquidity position is moderate, with a current ratio of 1.2 and a negative net cash position.
- No significant dilution events are expected in the near term, and the risk of dilution is low.
Bull / Bear case
Generated · model-assistedIn focus — financials by report
Valuation
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | 0,34 |
| Revenue | —no estimate | —no estimate | 2,4B GBP |
| Operating income | —no estimate | —no estimate | 342,6M GBP |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Net cash is negative after subtracting total debt.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Market data cache
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Dilution Ratio(shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
- Net Cashcash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
- Capex To Revenuecapital_expenditure / revenue
- Return On Equitynet_income / total_equity
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- Cash Conversion Ratiooperating_cash_flow / net_income
- Tp Icap Group PLC Market data — financials · 2026-05-29
- Tp Icap Group PLC Market data — analyst estimates · 2026-05-29
- TP ICAP Group PLC Market data — ESG · 2026-05-29
Ownership & reference
Leadership
- Nicolas BreteauChief Executive Officer, Executive Director