3i Group stock trades at GBp 2,555 as Action drives NAV growth

Published on 10/04/2026 at 19:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

3i Group stock carries a Buy consensus from 12 analysts with a GBP 33.94 average target. NAV per share rose from GBp 3,030 to GBp 3,131 by June 30, 2026.

Schwarzweiß-Reportage von Investmentprofis bei Dokumentenprüfung im Büro — 3i Group plc (ISIN GB00B1YW4409) prüft als Investmentgesellschaft Portfoliounternehmen in dokumentarischer Schwarzweiß-Aufnahme, Illustration mit AI erstellt.

3i Group stock was last at GBp 2,555 on the London Stock Exchange on October 2, 2026, up 0.43 percent on the session and valued at GBP 25.6 billion. The latest operating picture centers on Action, the European discount retailer that represented 75 percent of 3i's portfolio value at March 31, 2026.

NAV rises to GBp 3,131

Openbook Analytics reported that 3i's NAV per share rose from GBp 2,542 on March 31, 2025, to GBp 3,030 on March 31, 2026. The June 30, 2026 update then put NAV per share at GBp 3,131, a 3.3 percent increase from the March year-end level.

That June NAV stood 22.5 percent above the March 31, 2025 figure, while the October 2 share price was 18.4 percent below the June NAV per share. The comparison matters because 3i's market value is tied closely to the valuation of its investment portfolio rather than to recurring operating sales alone.

Action remains the key driver

Action generated net sales of EUR 8.348 billion in the 26 weeks to June 28, 2026, up 14 percent from the comparable period, according to Openbook Analytics. Operating EBITDA reached EUR 1.108 billion, an increase of 13 percent, while like-for-like sales growth was 3.6 percent.

Action ended that period with 3,423 stores after adding 121 net new locations in the first half of calendar 2026. The scale supports 3i's NAV growth, but the concentration also makes the share price sensitive to any change in Action's growth rate or valuation multiple.

Analysts see a valuation gap

Zonebourse lists a Buy-side consensus from 12 analysts, an average price target of GBP 33.94, a high target of GBP 42.05 and a low target of GBP 19.00. Against the GBP 25.55 equivalent of the October 2 price, the average target implies that the price lies 24.7 percent below the target.

The market snapshot also shows a wide trading frame: the 52-week range was GBp 1,825 to GBp 4,497, and volume reached 1,581,724 shares on October 2, 2026. The stock therefore sits 43.2 percent below its 52-week high, leaving the Action growth trajectory and NAV conversion as the central valuation questions.

Stock stays below portfolio value

3i Group stock was last at GBp 2,555 on October 2, 2026, at 4:36 p.m. London time, with a daily gain of 0.43 percent. The next scheduled earnings date is November 12, 2026.