Tetragon Financial Group is a Guernsey-listed holding company whose main asset is a portfolio of collateralised loan obligation equity and related credit investments, alongside its Tetragon Financial Management asset manager and a stake in Cardiff Bay-linked positions. Its edge is a permanent-capital structure that lets it hold illiquid credit through cycles without redemption pressure, which is what drives its fee and carry income. The near-term story is whether realised gains and NAV compounding keep pace with the 8.6% revenue growth the market is currently paying for. Why it is worth a look now: the stock trades on a trailing P/E of 12.2 with a reported ROE of only 4.9%, so the discount to book and the quality of earnings need checking before any conclusion is drawn.
Plain-English pros, cons, and what to watch. Pro feature.
See what each model says, the assumptions behind it, the bad, normal and good cases, and why the fair value changed.
The full quality picture: a reason under every score, how the scores moved, and the conviction breakdown.
The full analyst picture: the price-target distribution against the current price, forward consensus estimates, and how ACCE's own models compare.
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Follow the informed money: 13F position changes, insider and Congress trades, and 13D activist filings.
| Date | Type | New | Previous | Price |
|---|---|---|---|---|
| 23 Oct 2026, 01:53 CEST | ACCE price target | $15.50 | first publication | $15.00 |
| 22 Oct 2026, 12:04 CEST | Rating | Undervalued | first publication | $15.00 |
| 22 Oct 2026, 12:04 CEST | Fair value | $35.91 | first publication | $15.00 |
Answered from Tetragon Financial Group Limited fundamentals + recent valuations. Every number shows its source and date.
| Company | Price | Fair value | vs fair value | P/E | ROE | Quality | Score |
|---|---|---|---|---|---|---|---|
| TFG.AS Tetragon Financial Group Limited | $14.90 | $36 | 59% below | 12.1x | 4.9% | 80 | 60 |
| CUPRUM.SN Cuprum | CLP 94.00 | - | - | 21.3x | 16.8% | 90 | 65 |
| HABITAT.SN A.F.P. Habitat | CLP 1313.50 | - | - | 7.8x | 47.0% | 100 | 75 |
| PROVIDA.SN A.F.P. Provida | CLP 4990.00 | - | - | 18.5x | 13.4% | 90 | 69 |
| NUAM.SN Holding Bursátil Regional S.A. | CLP 8363.80 | - | - | 19.8x | 8.1% | 85 | 80 |
| KINV-A.ST Kinnevik AB | kr 74.00 | - | - | - | -22.9% | 64 | 32 |
| PFCORFICOL.CL Corficolombiana preferred | COP 18120.00 | - | - | 12.1x | 7.0% | 45 | 68 |
Where TFG.AS ranks against its sector peers on each metric.