TCAPF (TP ICAP GROUP) General and Admin. Expense: $379 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TCAPF TP ICAP GROUP PLC TCAPF
80 GF Score
Price $4.57
GF Value $3.86
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is TP ICAP GROUP General and Admin. Expense?

TP ICAP GROUP TCAPF 80 General and Admin. Expense is $379 Mil as of Jun. 2026. GuruFocus rates TCAPF with a GF Score™ of 80/100 and a GF Value™ of $3.86 (Modestly Overvalued). The stock has 9 warning signs investors should review.

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. TP ICAP GROUP's General and Admin. Expense for the six months ended in Jun. 2026 was $201 Mil. Its General and Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2026 was $379 Mil.

TP ICAP GROUP General and Admin. Expense Related Terms

TP ICAP GROUP General and Admin. Expense Historical Data

* Premium members only.

The historical data trend for TP ICAP GROUP's General and Admin. Expense 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 General and Admin. Expense Chart

TP ICAP GROUP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
General and Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.48 348.36 336.71 345.13 381.53

TP ICAP GROUP Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
General and Admin. Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.22 204.80 206.24 178.05 201.33
TCAPF
80GF Score
TP ICAP GROUP PLC TCAPF
General and Admin. Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TP ICAP GROUP General and Admin. Expense Calculation

General and Admin. Expense is the aggregate total of general managing and administering expenses for the company.

General and Admin. Expense 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 $379 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 General and Admin. Expense of $379 Mil mean?
TP ICAP GROUP (TCAPF) has a General and Admin. Expense of $379 Mil as of Jun. 2026. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on TP ICAP GROUP and its competitors.
Is TP ICAP GROUP's General and Admin. Expense too high?
TP ICAP GROUP's current General and Admin. Expense is $379 Mil. Overall, TP ICAP GROUP has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TP ICAP GROUP's General and Admin. Expense compare to MS and GS?
TP ICAP GROUP's General and Admin. Expense of $379 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 General and Admin. Expense for a Capital Markets company?
A good General and Admin. Expense depends on the Capital Markets industry context. However, General and Admin. Expense 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 General and Admin. Expense mean?
A high General and Admin. Expense can signal that a stock is expensive relative to its fundamentals. General and Admin. Expense is the aggregate total of general managing and administering expenses for the company. View historical data on TP ICAP GROUP and its competitors. TP ICAP GROUP's current General and Admin. Expense is $379 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 $3.86, compared to a current price of $4.57 — trading 18.4% above its estimated fair value. The current General and Admin. Expense is $379 Mil. TP ICAP GROUP's overall GF Score™ is 80/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is General and Admin. Expense calculated?
General and Admin. Expense is calculated from a company's financial statements. For TP ICAP GROUP (TCAPF), the current General and Admin. Expense is $379 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 18.4% above its estimated GF Value™ of $3.86. GuruFocus considers TP ICAP GROUP to be Modestly Overvalued.

Key valuation signals for TCAPF:

  • General and Admin. Expense: $379 Mil
  • GF Value™: $3.86 vs. price of $4.57 (18.4% above fair value)
  • GF Score™: 80/100 with 9 warning signs

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 Business Description

Other Exchanges TCAPl:UKTCAP:UK8D7:Germany
Address 135 Bishopsgate, London, GBR, EC2M 3TP
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.
80GF Score

Get the complete analysis for TCAPF

General and Admin. Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$4.57
Price
$3.86
GF Value