Added to YB: 2026-02-18
Pitch date: 2026-02-13
TFG.AS [neutral]
Tetragon Financial Group Limited
-0.99%
current return
Author Info
Wexboy writes a blog about value investing, mostly in UK, Irish and US listed stocks. Sign up for the newsletter.
Company Info
Tetragon Financial Group Limited is a close ended feeder fund launched and managed by Tetragon Financial Management LP.
Market Cap
$1.3B
Pitch Price
$15.15
Price Target
N/A
Dividend
2.89%
EV/EBITDA
N/A
P/E
1.99
EV/Sales
1.63
Sector
Capital Markets
Category
value
Wexboy 2025 Annual Review…Clawing My Way Back In Black - Tetragon Financial Group
TFG.AS (holding update): +24% FY25 gain, 4th consecutive year up. NAV boosted by: 1) Equitix 14.6% stake sale at £1.3B valuation (+35% mark-up, +8.1% NAV); 2) Ripple stake jumped to $0.6B on tender offers & XRP rally; 3) Hawke's Point gold holdings doubled. Trading at 63% NAV discount despite +19.6% NAV return, +11% CAGR over 5/10/19yrs. Mgmt focused on AUM vs shareholder value realization.
Read full article (3 min)