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TPXimpact Holdings (TPX) Fair Value & Analysis

Technology · GB · Market cap 67.3M GBX

TH TPXimpact Holdings TPX · LSE
Price£0.7400
Fair Value£0.2000
Upside-73.0%
Quality67/100
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Mixed Growth
Loss-making · -0.7% net margin
Low debt · generates free cash flow
Trails peers (1/12)
Narrow moat 23/100
Evidence: High Range £0.1300 – £0.2600 Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated today

Fair value updated Aug 13, 2026, revised from £0.1300 to £0.2000 (+53.8%) since Jul 15, 2026. Share price +2.8% over the past month.

A solid business, but screening 73% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (£0.2600). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (£0.1300 to £0.2600) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

£2.92 £0.1400 Fair Value £0.2000 May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range £0.1400 – £2.92 · fair‑value band £0.1300 – £0.2600 · the £0.7400 price screens above the £0.2000 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

TPXimpact Holdings (TPX) currently trades at £0.7400, while our model-based Fair Value estimate is £0.2000, implying the stock looks roughly 73.0% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Technology 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, TPXimpact Holdings generated revenue of £75.7M at a net margin of -9.6%. Revenue declined 4.3% year over year. It earns a return on equity of -17.5%. Net debt stands at £5.2M. Fundamentals as of Aug 13, 2026

Our scenario range runs from £0.1300 (bear case) to £0.2600 (bull case); at £0.7400, 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 Technology peers we cover trades at 0% fair-value upside, at -73%, TPX 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 £0.4300 £0.7300 £1.14 80
Rev-Margin DCF £0.1800 £0.2900 £0.4400 74
Gordon GGM £0.0600 £0.1000 £0.1300 70
All 14 models by family
DCF Models
FCF DCF £0.4500 £0.8000 £1.33 38
Owner Earnings £0.4100 £0.7400 £1.24 31
5Y Revenue Exit £0.1800 £0.2900 £0.4100 39
5Y EBITDA Exit £0.6300 £1.25 £2.04 41
10Y Revenue Exit £0.2800 £0.4100 £0.5900 36
10Y EBITDA Exit £0.5500 £1.03 £1.79 37
Dividend Discount
Gordon GGM £0.0600 £0.1000 £0.1300 70
DDM Multi-Stage £0.0600 £0.1000 £0.1100 61
Multiples
EV/EBIT £0.1000 £0.1600 £0.2200 53
EV/EBITDA £0.8400 £1.15 £1.46 54
EV/Revenue £0.0100 £0.0500 £0.0900 43
Asset-Based
NCAV (Graham) £0.2000 £0.2700 £0.4000 50
Growth DCF
Growth DCF £0.4300 £0.7300 £1.14 80
Rev-Margin DCF £0.1800 £0.2900 £0.4400 74

Widest divergence: DCF Models (£0.7400) versus Dividend Discount (£0.1000). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 78.1M GBX
Revenue growth (YoY) +6.0%
Net margin -0.7%
Return on equity -1.5%
Free cash flow 5.3M GBX FY2026
Operating margin 3.3%
More key figures
EPS (TTM) £-0.0100
Net debt 5.2M GBX FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 66 · Market factors (momentum, volatility) 76

Profitability 43
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 22
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 98
Distance to the 52-week high (market factor)
Net Issuance 75
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

TPXimpact Holdings plc, together with its subsidiaries, provides digital native technology services in the United Kingdom, Switzerland, and internationally. It operates through three segments: Digital Transformation, Manifesto, and Keep IT Simple.

Full company description

TPXimpact Holdings plc, together with its subsidiaries, provides digital native technology services in the United Kingdom, Switzerland, and internationally. It operates through three segments: Digital Transformation, Manifesto, and Keep IT Simple. The company provides data services for data strategy and governance, data engineering, open data, data science and AI, data analytics and insights, and data operations; design services, including strategy and transformation, service design, design research, product and interaction design, content design, and digital experience design; and technology services comprising technology consulting, cloud and architecture, automation, application, service management, software engineering, and cyber security services. It also offers digital service consultancy, software development, data, and automation; digital experience agency; digital transformation consultancy; managed services in service integration and management; strategic and management consultancy on digital transformation; digital and service design consultancy; cloud transformation, architecture, and programme management; data science services and analytics consultancy; and cloud-based open data consultancy services. It serves clients within the commercial, government, and non-government organization. The company was formerly known as The Panoply Holdings plc and changed its name to TPXimpact Holdings plc in September 2021. TPXimpact Holdings plc was incorporated in 2016 and is headquartered in London, the United Kingdom.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

TPXimpact Holdings reported revenue of £78.1M in FY2026 versus £79.7M in FY2022, a compound −0.5%/yr. Reported net income was −£571K in FY2026.

Growth Quality 41/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
£78.1M
Latest YoY
+1.0%
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.
−2.3%
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.
+8.9%
Avg. growth/yr (11Y) 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.
+20.6%
Revenue −0.5%/yr
FY22 £79.7M
FY23 £83.7M
FY24 £84.3M
FY25 £77.3M
FY26 £78.1M
Net income
FY22 £2.5M
FY23 −£19.0M
FY24 −£20.4M
FY25 −£9.2M
FY26 −£571K

TPX screens 73% overvalued. Compare with International Business Machines Corporation →

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Cite: Fair Value Calculator (2026). "TPXimpact Holdings Fair Value". https://www.fairvalue-calculator.com/stock/TPX

Peer Group

Information Technology Services · 488 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 67 · Top 25%
Fair Value upside −74% · Bottom 25%
Return on assets 0% · Below median
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 3% · Below median
Revenue growth 6% · Below median
Debt / equity 0.35× · Higher than 75% of peers

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/B 2.40× · Pricier than median
P/S (TTM) 1.16× · Pricier than median
P/FCF 17.2× · Pricier than 75% of peers
EV/EBITDA 17.2× · 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 33
FUTURE 30 · sector 31
PAST 0 · sector 35
HEALTH 83 · 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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $235.98 $175.76 -26%
Accenture plc ACNN 2,460 MXN 300.07 MXN -88%
Tata Consultancy Services Limited TCS ₹2,350 ₹3,473 +48%
Infosys Limited INFY ₹1,176 ₹1,998 +70%
HCL Technologies Limited HCLTECH ₹1,365 ₹1,722 +26%
Wipro Limited WIPRO ₹183.94 ₹314.26 +71%
Tech Mahindra Limited TECHM ₹1,625 ₹1,521 -6%
Samsung SDS Co 018260 235,500 KRW 235,321 KRW -0%
Persistent Systems Limited PERSISTENT ₹5,474 ₹3,259 -40%
Hyundai Autoever Corporation 307950 433,000 KRW 186,323 KRW -57%

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Frequently asked questions

Is TPXimpact Holdings (TPX) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of £0.2000 versus a price of £0.7400, about −73% (overvalued).
What is the fair value of TPX?
Our model-based fair value for TPXimpact Holdings is £0.2000 (as of Aug 13, 2026), built from audited fundamentals. The current price is £0.7400.
What is the quality score of TPX?
TPXimpact Holdings has a Quality Score of 67/100. 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 TPXimpact Holdings (TPX)?
TPXimpact Holdings reported trailing-twelve-month revenue of about £75.7M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of TPX?
The net profit margin of TPXimpact Holdings is about -9.6%, meaning it is currently running at a net loss. 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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