TND

Tandem GroupAIM:TND Stock Report

Market Cap

UK£31.7m

7D

9.0%

1Y

57.1%

Updated

17 Sep, 2021

Data

Company Financials +
TND fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

TND Overview

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility products in the United Kingdom and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Tandem Group
Historical stock prices
Current Share PriceUK£6.05
52 Week HighUK£3.50
52 Week LowUK£7.25
Beta1.4
1 Month Change-1.63%
3 Month Change3.42%
1 Year Change57.14%
3 Year Change404.17%
5 Year Change462.79%
Change since IPO-15.93%

Recent News & Updates

Sep 17
Tandem Group (LON:TND) Is Increasing Its Dividend To UK£0.034

Tandem Group (LON:TND) Is Increasing Its Dividend To UK£0.034

Tandem Group plc ( LON:TND ) has announced that it will be increasing its dividend on the 15th of November to UK£0.034...

Aug 17
Should You Be Adding Tandem Group (LON:TND) To Your Watchlist Today?

Should You Be Adding Tandem Group (LON:TND) To Your Watchlist Today?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

May 31
Tandem Group (LON:TND) Might Have The Makings Of A Multi-Bagger

Tandem Group (LON:TND) Might Have The Makings Of A Multi-Bagger

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

TNDGB LeisureGB Market
7D9.0%-6.6%-1.0%
1Y57.1%13.6%19.2%

Return vs Industry: TND exceeded the UK Leisure industry which returned 19.7% over the past year.

Return vs Market: TND exceeded the UK Market which returned 19.4% over the past year.

Price Volatility

Is TND's price volatile compared to industry and market?
TND volatility
TND Beta1.4
Industry Beta1.12
Market Beta1

Stable Share Price: TND is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: TND's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195873Jim Shearshttps://tandemgroupplc.co.uk

Tandem Group plc designs, develops, distributes, and retails sports, leisure, and mobility products in the United Kingdom and internationally. The company offers bicycles and accessories under the Boss, British Eagle, Claud Butler, Dawes, Elswick, Exile, Explorer, Falcon, Pulse, Squish, Townsend, and Zombie brands; football training products under the Kickmaster and Strike brands; golf products under the Ben Sayers and Pro Rider brands; and garden and camping products under the Airwave and Airwave Four Seasons brands. It also provides homewares and household appliances under the Jack Stonehouse and Snapframes brands; mobility products under the Pro Rider brand; outdoor play products under the Airwave, Hedstrom Play, and Hedstrom brands; and snooker, pool, and table sports products under the Pot Black brand.

Valuation

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

8.08x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: TND (£6.05) is trading above our estimate of fair value (£1.11)

Significantly Below Fair Value: TND is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: TND is good value based on its PE Ratio (8.1x) compared to the UK Leisure industry average (16.9x).

PE vs Market: TND is good value based on its PE Ratio (8.1x) compared to the UK market (23.8x).


Price to Earnings Growth Ratio

PEG Ratio: TND's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TND is good value based on its PB Ratio (1.7x) compared to the GB Leisure industry average (2.1x).


Future Growth

How is Tandem Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-0.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TND's earnings are forecast to decline over the next 3 years (-0.3% per year).

Earnings vs Market: TND's earnings are forecast to decline over the next 3 years (-0.3% per year).

High Growth Earnings: TND's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TND's revenue (5.2% per year) is forecast to grow faster than the UK market (4.9% per year).

High Growth Revenue: TND's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TND's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Tandem Group performed over the past 5 years?

32.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TND has a high level of non-cash earnings.

Growing Profit Margin: TND's current net profit margins (9.9%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: TND's earnings have grown significantly by 32% per year over the past 5 years.

Accelerating Growth: TND's earnings growth over the past year (29.8%) is below its 5-year average (32% per year).

Earnings vs Industry: TND earnings growth over the past year (29.8%) underperformed the Leisure industry 71%.


Return on Equity

High ROE: TND's Return on Equity (21.1%) is considered high.


Financial Health

How is Tandem Group's financial position?


Financial Position Analysis

Short Term Liabilities: TND's short term assets (£19.7M) exceed its short term liabilities (£10.0M).

Long Term Liabilities: TND's short term assets (£19.7M) exceed its long term liabilities (£6.1M).


Debt to Equity History and Analysis

Debt Level: TND's debt to equity ratio (20%) is considered satisfactory.

Reducing Debt: TND's debt to equity ratio has reduced from 81.8% to 20% over the past 5 years.

Debt Coverage: TND's debt is not well covered by operating cash flow (12.6%).

Interest Coverage: TND's interest payments on its debt are well covered by EBIT (48.8x coverage).


Balance Sheet


Dividend

What is Tandem Group current dividend yield, its reliability and sustainability?

1.48%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 18 2021Ex Dividend DateOct 07 2021Dividend Pay DateNov 15 202139 days from Ex DividendBuy in the next 19 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: TND's dividend (1.48%) is higher than the bottom 25% of dividend payers in the UK market (1.32%).

High Dividend: TND's dividend (1.48%) is low compared to the top 25% of dividend payers in the UK market (3.94%).


Stability and Growth of Payments

Stable Dividend: TND's dividend payments have been volatile in the past 10 years.

Growing Dividend: TND's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (11.6%), TND's dividend payments are thoroughly covered by earnings.


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?

5.6yrs

Average board tenure


CEO

Jim Shears (47 yo)

1.08yrs

Tenure

UK£257,000

Compensation

Mr. Jim C. Shears, also known as Jim, has been Group Chief Executive Officer of Tandem Group PLC since August 1, 2020 and had been its Group Finance Director since June 21, 2010 until August 1, 2020. Mr. S...


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD353.47K) is about average for companies of similar size in the UK market ($USD327.00K).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: TND's board of directors are considered experienced (5.6 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4%.


Top Shareholders

Company Information

Tandem Group plc's employee growth, exchange listings and data sources


Key Information

  • Name: Tandem Group plc
  • Ticker: TND
  • Exchange: AIM
  • Founded: 1958
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: UK£31.681m
  • Shares outstanding: 5.24m
  • Website: https://tandemgroupplc.co.uk

Number of Employees


Location

  • Tandem Group plc
  • 35 Tameside Drive
  • Castle Bromwich
  • Birmingham
  • West Midlands
  • B35 7AG
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 22:26
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.