BST:TD8

Stock Analysis Report

Executive Summary

Triad Group Plc provides IT consultancy, solution, and resourcing services to the public and private sectors primarily in the United Kingdom.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Triad Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TD8 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.0%

TD8

-4.1%

DE IT

-0.2%

DE Market


1 Year Return

6.3%

TD8

37.9%

DE IT

13.7%

DE Market

Return vs Industry: TD8 underperformed the German IT industry which returned 37.9% over the past year.

Return vs Market: TD8 underperformed the German Market which returned 13.7% over the past year.


Shareholder returns

TD8IndustryMarket
7 Day2.0%-4.1%-0.2%
30 Day7.4%5.0%0.3%
90 Day-14.3%16.7%3.7%
1 Year14.3%6.3%38.7%37.9%17.2%13.7%
3 Year-38.2%-45.9%159.3%152.2%15.4%5.3%
5 Year221.8%181.9%232.9%219.4%21.3%4.7%

Price Volatility Vs. Market

How volatile is Triad Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Triad Group undervalued compared to its fair value and its price relative to the market?

41.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TD8 (€0.41) is trading below our estimate of fair value (€0.69)

Significantly Below Fair Value: TD8 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TD8 is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: TD8 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TD8's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TD8 is good value based on its PB Ratio (1.2x) compared to the DE IT industry average (4.8x).


Next Steps

Future Growth

How is Triad Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.7%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Triad Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Triad Group performed over the past 5 years?

8.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TD8 is currently unprofitable.

Growing Profit Margin: TD8 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TD8 is unprofitable, but has reduced losses over the past 5 years at a rate of 8.7% per year.

Accelerating Growth: Unable to compare TD8's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TD8 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (16.1%).


Return on Equity

High ROE: TD8 has a negative Return on Equity (-0.039%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Triad Group's financial position?


Financial Position Analysis

Short Term Liabilities: TD8's short term assets (£6.8M) exceed its short term liabilities (£2.3M).

Long Term Liabilities: TD8's short term assets (£6.8M) exceed its long term liabilities (£993.0K).


Debt to Equity History and Analysis

Debt Level: TD8 is debt free.

Reducing Debt: TD8 has no debt compared to 5 years ago when its debt to equity ratio was 15.4%.


Balance Sheet

Inventory Level: TD8 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if TD8's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TD8 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: TD8 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Triad Group's current dividend yield, its reliability and sustainability?

10.81%

Current Dividend Yield


Dividend Yield vs Market

company10.8%marketbottom25%1.3%markettop25%3.7%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: TD8's dividend (10.81%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: TD8's dividend (10.81%) is in the top 25% of dividend payers in the German market (3.65%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, TD8 has been paying a dividend for less than 10 years.

Growing Dividend: TD8's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: TD8 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.9yrs

Average board tenure


CEO

Adrian Leer 0

UK£234,000

Compensation

Mr. Adrian Leer is Managing Director at Triad Group plc since May 2018. Mr. Leer was Commercial Director of Triad Group plc since March 03, 2015 until May 2018. Mr. Leer initially joined Triad in 2009 in a ...


CEO Compensation Analysis

Compensation vs Market: Adrian's total compensation ($USD301.27K) is about average for companies of similar size in the German market ($USD412.50K).

Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
John Rigg
Executive Chairman20.7yrsUK£60.00k28.38% £2.0m
Adrian Leer
MD & Executive Director0yrsUK£234.00k0.97% £68.6k
Nick Burrows
Company Secretary & Executive Director0yrsUK£154.00k0.093% £6.6k
Tim Eckes
Client Services Director & Executive Director0yrsno data0.38% £26.6k
Christopher Duckworth
Non-Executive Director2.6yrsUK£35.00k0.084% £5.9k
Alistair Fulton
Senior Independent Non-Executive Director0yrsUK£35.00k2.22% £156.3k
Charlotte Rigg
Non-Executive Director0yrsno data0.63% £44.1k

4.9yrs

Average Tenure

Experienced Board: TD8's board of directors are considered experienced (4.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TD8 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Triad Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triad Group plc
  • Ticker: TD8
  • Exchange: BST
  • Founded: 1988
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: UK£5.912m
  • Listing Market Cap: UK£7.053m
  • Shares outstanding: 15.98m
  • Website: https://www.triad.co.uk

Number of Employees


Location

  • Triad Group plc
  • Huxley House
  • Weyside Park
  • Godalming
  • Surrey
  • GU7 1XE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRDLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 1996
TD8BST (Boerse-Stuttgart)YesOrdinary SharesDEEURApr 1996

Biography

Triad Group Plc provides IT consultancy, solution, and resourcing services to the public and private sectors primarily in the United Kingdom. The company offers consulting and advisory; staffing, resourcing, and recruitment; development and engineering; software and product design; program and project delivery; and support, operations, and maintenance services. Triad Group Plc was founded in 1988 and is based in Godalming, the United Kingdom. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 21:03
End of Day Share Price2020/02/20 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.