# TwentyFour Income Ord (TFIF.L) fundamentals

Data as of 2026-09-08. LSE, United Kingdom. Sector: Financial Services. Price 109p, market value 1.0 billionp.

## Valuation
- **P/E (trailing): 15.5×** (5-yr avg 1111.9×, 3-yr avg 980.9×). TwentyFour Income Ord trades at 15.5× trailing earnings, well below its own five-year average of 1111.9×: cheap by its own standards. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 17.3×**. Each dollar of revenue is priced at 17.3×, a level that requires very high margins or very fast growth to justify.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 1.1%** (5-yr avg 0.0%). Free cash flow equals 1.1% of the market value, above its five-year average of 0.0%, so the shares are cheaper on cash than they have usually been.
- **Earnings yield: 6.4%**. The inverse of the P/E: 6.4% of the price is earned each year.

## Profitability
- **Net margin: 94.7%**. 94.7% of each dollar of sales reaches the bottom line.
- **Return on equity: 5.9%**. 5.9% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on assets: 5.6%**. Each dollar of assets produces 5.6% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -45.8%** (5-yr -14.7%/yr). Revenue fell 45.8% over the last year, against -14.7% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -50.5%** (5-yr -22.6%/yr). Earnings per share fell 50.5%, roughly in step with revenue.

## Financial health
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.
- **Cash and short-term investments: 62 millionp**. Leverage ratios are shown differently for banks and insurers, whose balance sheets are built on deposits and reserves; use return on equity and the regulatory capital in the filings instead.

## Dividends
- **Dividend yield: 9.97%** (0p per share, trailing). TwentyFour Income Ord yields 9.97%, high enough to check carefully: yields this high often precede a cut.
- **Payout ratio: 156%** (791% of free cash flow). The dividend exceeds earnings (156% payout), which is rarely sustainable outside REITs and one-off years.
- **Consecutive years of increases: 1**. 1 straight year of increases.
- **Dividend growth (5 yr): 11.6%/yr** (1-yr 11.2%). The dividend has compounded at 11.6% a year over five years, doubling roughly every 6 years at that pace.
- **Shareholder yield: -1.5%**. Dividends plus net buybacks return -1.5% of the market value a year.

## Price and momentum
- **Total return (1 yr): -4.2%** (YTD -4.2%, 3-mo -0.6%). The shares are down 4.2% over twelve months including dividends.
- **From 52-week high: -5.9%** (4.2% above the low). Trading 6% below its 52-week high.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 55**. An RSI of 55 is neutral.
- **Beta (1 yr): 0.09** (volatility 11%). Beta of 0.09 against the FTSE All-Share: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TFIF.L · Page: https://foliofundamentals.com/stocks/tfif.l

Not investment advice.