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Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
TP ICAP GROUP (OTCPK:TCAPF) Cash Flow from Operations Explanation
For companies reported in indirect method, cash flow from operations contains six items:
1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.
TP ICAP GROUP's net income from continuing operations for the
six
months ended in Jun. 2026 was $180 Mil.
2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets
TP ICAP GROUP's depreciation, depletion and amortization for the
six
months ended in Jun. 2026 was $79 Mil.
3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.
TP ICAP GROUP's change in working capital for the
six
months ended in Jun. 2026 was $-360 Mil. It means TP ICAP GROUP's working capital
declined by $360 Mil
from Dec. 2025 to Jun. 2026 .
4. Deferred Tax:
It is the cash flow generated from deferred tax.
TP ICAP GROUP's cash flow from deferred tax for the
six
months ended in Jun. 2026 was $0 Mil.
TP ICAP GROUP's cash from discontinued operating Activities for the
six
months ended in Jun. 2026 was $0 Mil.
6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.
TP ICAP GROUP's asset impairment charge for the
six
months ended in Jun. 2026 was $0 Mil.
7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.
TP ICAP GROUP's stock based compensation for the
six
months ended in Jun. 2026 was $32 Mil.
8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).
TP ICAP GROUP's cash flow from others for the
six
months ended in Jun. 2026 was $-33 Mil.
TP ICAP GROUP Cash Flow from Operations Related Terms
TP ICAP GROUP Cash Flow from Operations Historical Data
* Premium members only.
The historical data trend for TP ICAP GROUP's Cash Flow from Operations can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TP ICAP GROUP Cash Flow from Operations Calculation
Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.
TP ICAP GROUP's Cash Flow from Operations for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $121 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Operations of $121 Mil mean?
TP ICAP GROUP (TCAPF) has a Cash Flow from Operations of $121 Mil as of Jun. 2026. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for TP ICAP GROUP and its competitors.
Is TP ICAP GROUP's Cash Flow from Operations too high?
TP ICAP GROUP's current Cash Flow from Operations is $121 Mil. Overall, TP ICAP GROUP has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TP ICAP GROUP's Cash Flow from Operations compare to MS and GS?
TP ICAP GROUP's Cash Flow from Operations of $121 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Operations for a Capital Markets company?
A good Cash Flow from Operations depends on the Capital Markets industry context. However, Cash Flow from Operations should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Operations mean?
A high Cash Flow from Operations can signal that a stock is expensive relative to its fundamentals. Cash Flow from Operations is the amount of cash earned or paid from standard business operations. View historical data for TP ICAP GROUP and its competitors. TP ICAP GROUP's current Cash Flow from Operations is $121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TP ICAP GROUP stock overvalued right now?
Based on GuruFocus' analysis, TP ICAP GROUP (TCAPF) is currently considered Modestly Overvalued. The stock's GF Value™ is $3.84, compared to a current price of $4.57 — trading 19% above its estimated fair value. The current Cash Flow from Operations is $121 Mil. TP ICAP GROUP's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Operations calculated?
Cash Flow from Operations is calculated from a company's financial statements. For TP ICAP GROUP (TCAPF), the current Cash Flow from Operations is $121 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TP ICAP GROUP (TCAPF) Overvalued in 2026?
Based on GuruFocus' analysis, TP ICAP GROUP stock appears to be overvalued.
The current stock price of $4.57 is trading 19% above its estimated GF Value™ of $3.84.
GuruFocus considers TP ICAP GROUP to be Modestly Overvalued.
Key valuation signals for TCAPF:
Cash Flow from Operations: $121 Mil
GF Value™: $3.84 vs. price of $4.57 (19% above fair value)
No single metric tells the full story. See the TCAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TP ICAP GROUP PLC provides broking professional intermediary services to match buyers and sellers of different financial, energy, and commodities products. Its role includes creating liquidity and price discovery in markets and providing insight and context to the clients. The company provides proprietary over-the-counter ('OTC') pricing information in the world with the data on financial, energy, and commodities products. Its clients include banks, insurance companies, pension funds, asset managers, hedge funds, central banks, energy producers and refiners, risk and compliance managers, and charities. The company's segments include Global Broking which generates key revenue, Energy & Commodities, Liquidnet, Parameta Solutions, and Corporate.
81GF Score
Get the complete analysis for TCAPF
Cash Flow from Operations is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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