Tribe Technology PLC

AIM:TRYB Stock Report

Market Cap: UK£8.1m

Tribe Technology Valuation

Is TRYB undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TRYB when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: TRYB (£0.03) is trading below our estimate of fair value (£0.28)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TRYB?

Key metric: As TRYB barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for TRYB. This is calculated by dividing TRYB's market cap by their current book value.
What is TRYB's PB Ratio?
PB Ratio7.3x
BookUK£1.10m
Market CapUK£8.09m

Price to Book Ratio vs Peers

How does TRYB's PB Ratio compare to its peers?

The above table shows the PB ratio for TRYB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average1.8x
SOM Somero Enterprises
2.5xn/aUK£154.3m
TAND Tan Delta Systems
4x98.4%UK£17.6m
LPA LPA Group
0.5xn/aUK£8.0m
SIXH 600 Group
0.2xn/aUK£3.4m
TRYB Tribe Technology
7.3x57.1%UK£8.1m

Price-To-Book vs Peers: TRYB is expensive based on its Price-To-Book Ratio (7.3x) compared to the peer average (1.8x).

Price to Book Ratio vs Industry

How does TRYB's PB Ratio compare vs other companies in the GB Machinery Industry?

3 CompaniesPrice / BookEstimated GrowthMarket Cap
SIXH 600 Group
0.2xn/aUS$4.32m
EQT EQTEC
0.1x86.9%US$3.08m
INSP Inspirit Energy Holdings
0.1xn/aUS$313.60k
No more companies available in this PB range
TRYB 7.3xIndustry Avg. 2.1xNo. of Companies4PB01.63.24.86.48+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: TRYB is expensive based on its Price-To-Book Ratio (7.3x) compared to the UK Machinery industry average (2.2x).

Price to Book Ratio vs Fair Ratio

What is TRYB's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TRYB PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio7.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate TRYB's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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