Assessing TPG’s (TPG) Valuation As OpenAI Joint Venture Talks Take Shape

Simply Wall St.

Mar 23

AdvertisementWhy OpenAI’s proposed joint venture matters for TPG (NasdaqGS:TPG) Reports that OpenAI is in advanced talks with TPG to anchor a proposed US$10b joint venture give investors a fresh ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www-web.itiger.com/news/2621745746"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2621745746\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2621745746?lang=en_US&edition=fundamental","thumbnail":"https://images.simplywall.st/asset/industry/7131000-choice2-main-header/1585186813996","is_english":true,"pubTime":"2026-03-23 02:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621745746","market":"hk","top_or_hot":-1,"title":"Assessing TPG’s (TPG) Valuation As OpenAI Joint Venture Talks Take Shape","media":"Simply Wall St.","content":"<div>\n<p>AdvertisementWhy OpenAI’s proposed joint venture matters for TPG (NasdaqGS:TPG) Reports that OpenAI is in advanced talks with TPG to anchor a proposed US$10b joint venture give investors a fresh ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-tpg/tpg/news/assessing-tpgs-tpg-valuation-as-openai-joint-venture-talks-t\">Source Link</a>\n\n</div>\n","source":"simplywall_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Assessing TPG’s (TPG) Valuation As OpenAI Joint Venture Talks Take Shape</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAssessing TPG’s (TPG) Valuation As OpenAI Joint Venture Talks Take Shape\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-23 02:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://simplywall.st/stocks/us/diversified-financials/nasdaq-tpg/tpg/news/assessing-tpgs-tpg-valuation-as-openai-joint-venture-talks-t><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AdvertisementWhy OpenAI’s proposed joint venture matters for TPG (NasdaqGS:TPG) Reports that OpenAI is in advanced talks with TPG to anchor a proposed US$10b joint venture give investors a fresh ...</p>\n\n<a href=\"https://simplywall.st/stocks/us/diversified-financials/nasdaq-tpg/tpg/news/assessing-tpgs-tpg-valuation-as-openai-joint-venture-talks-t\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4135","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://simplywall.st/stocks/us/diversified-financials/nasdaq-tpg/tpg/news/assessing-tpgs-tpg-valuation-as-openai-joint-venture-talks-t","article_id":"2621745746","we_media_id":null,"thumbnails":["https://images.simplywall.st/asset/industry/7131000-choice2-main-header/1585186813996"],"rights":{"source":"simplywall_highlight","url":"https://simplywall.st/stocks/us/diversified-financials/nasdaq-tpg/tpg/news/assessing-tpgs-tpg-valuation-as-openai-joint-venture-talks-t","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2621745746","pubTimestamp":1774202746,"columns":[],"sourceInfo":{"source_id":"simplywall_highlight","name":"Simply Wall St."},"weMediaInfo":null,"summary":"Why OpenAI’s proposed joint venture matters for TPG (NasdaqGS:TPG)\nReports that OpenAI is in advanced talks with TPG to anchor a proposed US$10b joint venture give investors a fresh corporate event to consider when assessing the stock’s recent share performance.\nSee our latest analysis for TPG.\nDespite the OpenAI joint venture talks, TPG’s recent share price performance has been weak, with a 30 day share price return of 9.98% and a year to date share price return of 39.06%. However, the 3...","collect":0,"end_time":0,"defaultTopTitle":"simplywall.st","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4135":"资产管理与托管银行","TPG.AU":"TPG TELECOM LTD","BK4185":"保健护理机构","BK7042":"综合电信业务","JYNT":"The Joint Corp.","TPG":"TPG, Inc."},"translate_title":"随着OpenAI合资谈判的形成，评估TPG(TPG)的估值","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPG":1.5,"TPG.AU":1.5,"JYNT":1.5},"content_text":"AdvertisementWhy OpenAI’s proposed joint venture matters for TPG (NasdaqGS:TPG) Reports that OpenAI is in advanced talks with TPG to anchor a proposed US$10b joint venture give investors a fresh corporate event to consider when assessing the stock’s recent share performance. See our latest analysis for TPG. Despite the OpenAI joint venture talks, TPG’s recent share price performance has been weak, with a 30 day share price return of 9.98% and a year to date share price return of 39.06%. However, the 3 year total shareholder return of 57.09% shows a stronger longer term picture. If this potential AI partnership has your attention, it could be a good moment to broaden your search with other AI focused opportunities through the 33 AI small caps With TPG’s 1 year total return down 16.77% but its 3 year total return at 57.09%, plus a reported 15.42% intrinsic discount and a sizeable gap to analyst targets, is there genuine upside here or is the market already pricing in future growth? Most Popular Narrative: 41.8% Undervalued With TPG last closing at $40.07 against a most-followed fair value estimate of $68.87, the narrative points to a wide valuation gap that hinges on execution in alternatives and M&A.  Thematic investment focus in high-growth areas (sustainability, digital infrastructure, healthcare, AI) is enabling TPG to capitalize on long-term, secular shifts toward these sectors, driving outperformance in investment returns and supporting growth in carried interest and incentive income, positively impacting earnings.  Read the complete narrative. Want to see what kind of earnings path and margin profile sit behind that fair value? The narrative leans on ambitious profitability targets, rich fee economics, and a future P/E that assumes investors keep paying up for this platform. Result: Fair Value of $68.87 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, this hinges on fundraising staying resilient and acquisition integration going to plan, because weaker flows or messy deals could quickly challenge that undervaluation story. Find out about the key risks to this TPG narrative. Another View: What The P/E Ratio Is Saying The earlier narrative leans on a fair value of $68.87, but the current P/E of 51.9x tells a different story. That multiple is far above the US Capital Markets industry at 27.4x, the peer average of 32.2x, and even the 23.9x fair ratio our model points to. In plain terms, the share price already reflects a lot of future earnings growth. As a result, any slip against those high expectations could hit sentiment quickly. The question for you is whether the potential rewards justify paying a valuation this stretched. See what the numbers say about this price — find out in our valuation breakdown. NasdaqGS:TPG P/E Ratio as at Mar 2026Next Steps Mixed messages in the data so far? If you want to move quickly and decide where you stand, weigh up the 4 key rewards and 1 important warning sign. Looking for more investment ideas? If TPG’s story has raised your curiosity, do not stop here. Broaden your watchlist now so you are not late when the next opportunity emerges.  Target potential mispricings across the market by scanning 53 high quality undervalued stocks, which combine solid fundamentals with room for re rating. Prioritize stability and capital protection by reviewing 68 resilient stocks with low risk scores, which score well on resilience and downside control. Hunt for underfollowed opportunities before others notice them by checking screener containing 26 high quality undiscovered gems with strong underlying business quality.   This article by Simply Wall St is general in nature. We provide commentary based on historical data\n    and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your\n    financial situation. We aim to bring you long-term focused analysis driven by fundamental data.\n    Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.\n    Simply Wall St has no position in any stocks mentioned.Valuation is complex, but we're here to simplify it.Discover if TPG might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.Access Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}