Ticker

3i Group remains unappealing due to the rising cost of capital and lack of catalysts, while asserted multiples don't shrink. TGOPF trades at a 10% discount to asserted NAV, but NAV relies on high, arguably unrealistic, multiple assumptions for the main business, Action. Public comps trade at a fraction of the multiple and have similar growth prospects.

3i Group plc (TGOPY) Q4 2026 Earnings Call Transcript

The private-equity company reported weaker profitability at Action, which accounts for the bulk of the group's portfolio value.