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Tamburi Investment Partners S.p.A (TIP) Fair Value & Analysis

Financial Services · IT · Market cap €1.5B

TI Tamburi Investment Partners S.p.A TIP · MI
Price€9.89
Fair Value€7.64
Upside-22.8%
Quality48/100
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Weak Growth
Low debt · negative free cash flow
Trails peers (1/10)
Narrow moat 25/100
Evidence: Medium Range €5.73 – €9.55 Share as image

Fair value as of: Jul 27, 2026

From 2 valuation models · updated 14 days ago

Share price +1.6% over the past month.

Below-average quality, and screening another 23% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (€9.55). The favourable scenario is already priced in.
  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (5 years)

€10.26 €6.00 Fair Value €7.64 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 27, 2026.

How to read this chart

60‑month range €6.00 – €10.26 · fair‑value band €5.73 – €9.55 · the €9.89 price screens above the €7.64 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 27, 2026.

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Analysis

Tamburi Investment Partners S.p.A (TIP) currently trades at €9.89, while our model-based Fair Value estimate is €7.64, implying the stock looks roughly 22.8% overvalued today. The Quality Score stands at 48/100 (below-average quality), in the Financial Services 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: medium).

Trailing-twelve-month revenue stands at €3.4M. Revenue grew 227.4% year over year. It earns a return on equity of 2.8%. Net debt stands at €545M. Fundamentals as of Jul 27, 2026

Our scenario range runs from €5.73 (bear case) to €9.55 (bull case); at €9.89, 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. The share trades about 4% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -12% fair-value upside, at -23%, TIP 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
P/B Multiple €5.71 €7.61 €9.52 55
NCAV (Graham) €4.48 €6.00 €8.96 50
All 2 models by family
Multiples
P/B Multiple €5.71 €7.61 €9.52 55
Asset-Based
NCAV (Graham) €4.48 €6.00 €8.96 50

Widest divergence: Multiples (€7.61) versus Asset-Based (€6.00). Highest evidence: P/B Multiple (55).

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Key figures & financial health

Revenue (TTM) €3.4M
Revenue growth (YoY) +227%
Net margin 1,693%
Return on equity 2.8%
Free cash flow −€21.5M FY2025
P/E ratio 27.6
More key figures
Operating margin -703%
EPS (TTM) €0.3400
EPS growth (YoY) -83.2%
Net debt €545M FY2025

Figures from reported company fundamentals · as of Jul 27, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 46 · Market factors (momentum, volatility) 64

Profitability 33
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 57
Price trend over the last 3–12 months (market factor)
52W Momentum 75
Distance to the 52-week high (market factor)
Net Issuance 95
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

Tamburi Investment Partners S.p.A. is private equity firm specializing in advisory, direct and secondary direct investments. The firm also co-invests with other entrepreneurs and investors.

Full company description

Tamburi Investment Partners S.p.A. is private equity firm specializing in advisory, direct and secondary direct investments. The firm also co-invests with other entrepreneurs and investors. Within direct investments, it invests in early venture, mid-stage, middle market, later stage, buyouts, mature, industry consolidations, recapitalizations, M&A / corporate finance, growth capital, and turnaround investments. The firm seeks to invest in medium sized small-mid cap companies in all industries including consumer discretionary, consumer staples, luxury, energy, healthcare, industrials, information technology, materials, telecommunication services, and utilities. It prefers to invest in pre-IPO and PIPES investments in listed and unlisted companies. The firm invests in companies based in Asia and Europe with a focus on Italy. It prefers to invest in companies with revenue between "30 million ($34.92) and "200 million ($232.85 million) with equity investment between "20 million ($23.28 million) and "50 million ($58.21 million). The firm prefers to take minority stakes in its portfolio of companies. It makes balance sheet investments. Tamburi Investment Partners S.p.A. was founded in 1993 and is based in Milan, Italy.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tamburi Investment Partners S.p.A reported revenue of €2.8M in FY2025 versus €16.1M in FY2021, a compound −35.7%/yr. Reported net income was €73.1M in FY2025, compounding +34.1%/yr from FY2021.

Growth Quality 25/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
€2.8M
Latest YoY
+137.3%
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.
−70.8%
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.
−27.1%
Avg. growth/yr (21Y) 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.
−1.5%
Revenue −35.7%/yr
FY21 €16.1M
FY22 €110M
FY23 €1.6M
FY24 €1.2M
FY25 €2.8M
Net income +34.1%/yr
FY21 €22.6M
FY22 €134M
FY23 €85.3M
FY24 €38.2M
FY25 €73.1M

TIP screens 23% overvalued. Compare with Fondul Proprietatea SA →

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Cite: Fair Value Calculator (2026). "Tamburi Investment Partners S.p.A Fair Value". https://www.fairvalue-calculator.com/stock/TIP

Peer Group

Asset Management · 971 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 48 · Bottom 25%
Fair Value upside −23% · Below median
Return on equity (TTM) 3% · Below median
Return on assets -1% · Bottom 25%
Revenue growth 227% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%
Debt / equity 0.33× · Higher than median

Valuation Multiples vs Asset Management median · lower = cheaper

P/E (TTM) 27.6× · Pricier than 75% of peers
P/B 1.21× · Pricier than median
PEG 5.35× · 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 3 · sector 37
FUTURE 100 · sector 6
PAST 11 · sector 26
HEALTH 84 · sector 95
DIVIDEND 0 · sector 69

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 Asset Management stocks, each showing price versus our Fair Value estimate (as of Jul 27, 2026).

Stock Price Fair Value vs Fair Value
Fondul Proprietatea SA FP $0.0420 $0.0800 +90%
BlackRock, Inc BLK $1,136 $465.75 -59%
Blackstone Inc BX $124.56 $16.35 -87%
Investor AB INVEB kr 423.70 kr 847.40 +100%
Brookfield Corporation BN C$62.45 C$10.12 -84%
KKR & Co KKR $100.94 $44.88 -56%
AB Industrivärden INDUA kr 532.50 kr 1,065 +100%
Jio Financial Services Limited JIOFIN ₹242.98 ₹40.19 -83%
Hedef Holding HEDEF 267.25 TRY 320.98 TRY +20%
Bajaj Holdings BAJAJHLDNG ₹10,398 ₹9,202 -12%

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Frequently asked questions

Is Tamburi Investment Partners S.p.A (TIP) overvalued or undervalued?
As of Jul 27, 2026, our model estimates a fair value of €7.64 versus a price of €9.89, about −23% (overvalued).
What is the fair value of TIP?
Our model-based fair value for Tamburi Investment Partners S.p.A is €7.64 (as of Jul 27, 2026), built from audited fundamentals. The current price is €9.89.
What is the quality score of TIP?
Tamburi Investment Partners S.p.A has a Quality Score of 48/100. 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 Tamburi Investment Partners S.p.A (TIP)?
Tamburi Investment Partners S.p.A reported trailing-twelve-month revenue of about €3.4M (latest available figure, as of Jul 27, 2026).

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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