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Ten Lifestyle Group (TENG) Fair Value & Analysis

Consumer Cyclical · GB · Market cap 85.1M GBX

TL Ten Lifestyle Group TENG · LSE
Price£0.8800
Fair Value£0.4675
Upside-46.9%
Quality41/100
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Healthy Growth
Thin margins · 2.0% net margin
Low debt · generates free cash flow
Trails peers (3/13)
Narrow moat 36/100
Evidence: High Range £0.3485 – £0.5780 Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 22 days ago

Share price +10.2% over the past month.

Below-average quality, and screening another 47% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (£0.5780). The favourable scenario is already priced in.
  • Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

£1.11 £0.3765 Fair Value £0.4675 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range £0.3765 – £1.11 · fair‑value band £0.3485 – £0.5780 · the £0.8800 price screens above the £0.4675 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Ten Lifestyle Group (TENG) currently trades at £0.8800, while our model-based Fair Value estimate is £0.4675, implying the stock looks roughly 46.9% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Ten Lifestyle Group generated revenue of £71.5M at a net margin of 2.0%. Revenue grew 5.6% year over year. It earns a return on equity of 5.4%. The stock trades on a trailing P/E of 94.5. Fundamentals as of Jul 19, 2026

Our scenario range runs from £0.3485 (bear case) to £0.5780 (bull case); at £0.8800, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Cyclical peers we cover trades at -16% fair-value upside, at -47%, TENG screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF £0.3800 £0.5000 £0.6600 80
Rev-Margin DCF £0.4700 £0.7100 £1.01 74
ROIC Compounder £0.4300 £0.5000 £0.5800 72
All 24 models by family
DCF Models
FCF DCF £0.3900 £0.5200 £0.7000 38
Owner Earnings £0.4500 £0.6200 £0.8400 31
5Y Revenue Exit £0.4700 £0.7200 £1.05 39
5Y EBITDA Exit £0.8700 £1.51 £2.29 41
5Y P/E Exit £0.4300 £0.6500 £0.8800 38
10Y Revenue Exit £0.4200 £0.6200 £0.9000 36
10Y EBITDA Exit £0.6500 £1.10 £1.74 37
10Y P/E Exit £0.4100 £0.5700 £0.7900 35
Earnings-Based
Graham-Dodd £0.1700 £0.6400 £0.8600 54
Lynch FV £0.1500 £0.2200 £0.2900 50
PEG = 1.0 £0.1500 £0.2200 £0.2900 46
EPV £0.4100 £0.4500 £0.4800 59
Multiples
P/E Multiple £0.4100 £0.5500 £0.6800 63
P/S Multiple £0.3200 £0.4200 £0.5300 58
P/B Multiple £0.3200 £0.4200 £0.5300 55
EV/EBIT £0.7600 £0.9800 £1.20 53
EV/EBITDA £1.37 £1.79 £2.22 54
EV/Revenue £0.5500 £0.7400 £0.9300 43
Asset-Based
NCAV (Graham) £0.1400 £0.1800 £0.2800 50
Growth DCF
Growth DCF £0.3800 £0.5000 £0.6600 80
Rev-Margin DCF £0.4700 £0.7100 £1.01 74
Economic Profit
Residual Income £0.2100 £0.2200 £0.2300 61
ROIC Compounder £0.4300 £0.5000 £0.5800 72
Growth Earnings
Growth-Adj P/E £0.2900 £0.4200 £0.5400 68

Widest divergence: DCF Models (£0.6200) versus Asset-Based (£0.1800). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 71.5M GBX
Revenue growth (YoY) +5.6%
Net margin 2.0%
Return on equity 5.4%
Free cash flow 3.2M GBX FY2025
P/E ratio 94.5
More key figures
Operating margin 4.4%
EPS (TTM) £0.0100
EPS growth (YoY) -95.0%
Net cash 624K GBX FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 47 · Market factors (momentum, volatility) 80

Profitability 60
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 71
Balance sheet, leverage, solvency risk
Investment 20
Disciplined investing over empire-building
Low Volatility 64
Calm price path (market factor)
Momentum 78
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 11
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Ten Lifestyle Group Plc offers concierge services to private banks, premium financial services, and high-net-worth individuals in Europe, Asia-Pacific, the Middle East, Africa, and the Americas.

Full company description

Ten Lifestyle Group Plc offers concierge services to private banks, premium financial services, and high-net-worth individuals in Europe, Asia-Pacific, the Middle East, Africa, and the Americas. The company assists its members to access various consumer markets, such as travel, shopping, lifestyle, retail, dining, events, and live entertainment through its proprietary digital platform. Its platform provides access to its members to hotels, restaurants, shows, and events. Ten Lifestyle Group Plc was formerly known as Ten Lifestyle Holdings Limited and changed its name to Ten Lifestyle Group plc in November 2017. The company was founded in 1998 and is based in London, the United Kingdom.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ten Lifestyle Group reported revenue of £69.6M in FY2025 versus £35.1M in FY2021, a compound +18.7%/yr. Reported net income was £2.4M in FY2025.

Growth Quality 72/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
£69.6M
Latest YoY
+3.5%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+8.5%
Avg. growth/yr (12Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+11.8%
Revenue +18.7%/yr
FY21 £35.1M
FY22 £48.7M
FY23 £66.7M
FY24 £67.3M
FY25 £69.6M
Net income
FY21 −£5.8M
FY22 −£4.3M
FY23 £4.5M
FY24 £1.0M
FY25 £2.4M

TENG screens 47% overvalued. Compare with Booking Holdings →

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Cite: Fair Value Calculator (2026). "Ten Lifestyle Group Fair Value". https://www.fairvalue-calculator.com/stock/TENG

Peer Group

Travel Services · 90 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Bottom 25%
Fair Value upside −47% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 6% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 6% · Above median

Valuation Multiples vs Travel Services median · lower = cheaper

P/E (TTM) 88.0× · Pricier than 75% of peers
P/B 4.30× · Pricier than 75% of peers
P/S (TTM) 1.61× · Pricier than median
P/FCF 36.4× · Pricier than 75% of peers
EV/EBITDA 19.3× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 19
FUTURE 28 · sector 25
PAST 21 · sector 36
HEALTH 100 · sector 97
DIVIDEND 0 · sector 36

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Travel Services stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
Booking Holdings BKNG $182.80 $152.94 -16%
Airbnb, Inc ABNB $148.62 $57.47 -61%
Royal Caribbean Cruises Ltd RCL $286.96 $215.19 -25%
Viking Holdings VIK $100.69 $43.51 -57%
Carnival Corporation CCL $26.41 $31.36 +19%
Expedia Group EXPE $268.77 $248.63 -7%
Trip.com Group TCOM $42.45 $88.82 +109%
Norwegian Cruise Line Holdings NCLH $19.46 $20.28 +4%
Global Business Travel Group GBTG $9.40 $4.17 -56%
Travel + Leisure Co TNL $73.27 $27.29 -63%

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Frequently asked questions

Is Ten Lifestyle Group (TENG) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of £0.4675 versus a price of £0.8800, about −47% (overvalued).
What is the fair value of TENG?
Our model-based fair value for Ten Lifestyle Group is £0.4675 (as of Jul 19, 2026), built from audited fundamentals. The current price is £0.8800.
What is the quality score of TENG?
Ten Lifestyle Group has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Ten Lifestyle Group (TENG)?
Ten Lifestyle Group reported trailing-twelve-month revenue of about £71.5M (latest available figure, as of Jul 19, 2026).
What is the net profit margin of TENG?
The net profit margin of Ten Lifestyle Group is about 2.0%, meaning it keeps roughly 2.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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