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Tikehau Capital (TKO) Fair Value & Analysis

Financial Services · FR · Market cap €3.1B

TC Tikehau Capital TKO · PA
Price€16.62
Fair Value€13.41
Upside-19.3%
Quality95/100
Evidence: High Range €10.06 – €16.76

Fair value as of: Jun 26, 2026

From 25 valuation models · updated 3 days ago

Fair value updated Jun 26, 2026 — revised from €14.13 to €13.41 (−5.1%) since Jun 24, 2026. Share price −7.6% over the past month.

Price vs Fair Value (12 months)

€19.87 €14.00 Fair Value €13.41 Jul 2025 Jun 2026

12‑month range €14.00 – €19.87 · fair‑value band €10.06 – €16.76 · the €16.62 price screens above the €13.41 fair value. As of Jun 26, 2026.

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Analysis

Tikehau Capital (TKO) currently trades at €16.62, while our model-based Fair Value estimate is €13.41 — implying the stock looks roughly 19.3% overvalued today. We read business quality at 95/100 (high 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: high).

Over the trailing twelve months, Tikehau Capital generated revenue of €425M at a net margin of 10.1%. Revenue declined 62.0% year over year. It earns a return on equity of 1.3%. Net debt stands at €1.9B. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) €425M
Revenue growth (YoY) -62.0%
Net margin 10.1%
Return on equity 1.3%
Free cash flow €307M FY2025
P/E ratio 77.9
More key figures
Operating margin -2.9%
EPS (TTM) €0.2300
Dividend yield 4.5%
EPS growth (YoY) +50.0%
Net debt €1.9B FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Tikehau Capital is an alternative asset management group with 46.1 billion euro of assets under management (as of 30 June 2024). Tikehau Capital has developed a wide range of expertise across four asset classes (private debt, real assets, private equity, and capital markets strategies), as well as multi-asset and special opportunities strategies. Tikehau Capital provides financing solutions to companies it invests in and seeks to create long-term value for its investors. Leveraging its strong equity base (3.1 billion euro of shareholders' equity as of 30 June 2024), the firm invests its own capital alongside its investor-clients within each of its strategies. The firm prefers to invest between $0.69 million and $324 million in companies having sales value between $12.11 million and $1080 million. Tikehau Capital has 723 employees (as of 31 March 2026). Tikehau Capital is based in Paris, France with across its 17 offices in Europe, the Middle East, Asia, and North America. Tikehau Ca…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tikehau Capital reported revenue of €620M in FY2025 versus €455M in FY2021, a compound +8.0%/yr. Reported net income was €136M in FY2025, compounding −19.1%/yr from FY2021.

Revenue +8.0%/yr
FY21 €455M
FY22 €602M
FY23 €620M
FY24 €558M
FY25 €620M
Net income −19.1%/yr
FY21 €319M
FY22 €320M
FY23 €177M
FY24 €156M
FY25 €136M

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Frequently asked questions

Is Tikehau Capital (TKO) undervalued?
As of Jun 26, 2026, our model estimates a fair value of €13.41 versus a price of €16.62 — about −19% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TKO?
Our 21-model fair value for Tikehau Capital is €13.41 (as of Jun 26, 2026), built from audited fundamentals. The current price is €16.62.
What is the quality score of TKO?
Tikehau Capital has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tikehau Capital (TKO)?
Tikehau Capital reported trailing-twelve-month revenue of about €425M (latest available figure, as of Jun 26, 2026).
What is the net profit margin of TKO?
The net profit margin of Tikehau Capital is about 10.1%, meaning it keeps roughly 10.1% of revenue as net income. Based on the latest reported figures.
Does Tikehau Capital pay a dividend?
Tikehau Capital currently shows a dividend yield of about 4.51% relative to its recent price (as of Jun 26, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.