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TRB

Tribal GroupAIM:TRB Stock Report

Last Price

UK£0.97

Market Cap

UK£204.3m

7D

-2.5%

1Y

7.1%

Updated

25 Jan, 2022

Data

Company Financials +
TRB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health5/6
Dividends3/6

TRB Stock Overview

Tribal Group plc, through its subsidiaries, provides education related systems, solutions, and consultancy services in the United Kingdom, the Asia Pacific, the United States, Canada, and the Middle East.

Tribal Group Competitors

Technology One

ASX:TNE

AU$3.4b

ReadyTech Holdings

ASX:RDY

AU$332.7m

Price History & Performance

Summary of all time highs, changes and price drops for Tribal Group
Historical stock prices
Current Share PriceUK£0.97
52 Week HighUK£1.11
52 Week LowUK£0.88
Beta0.69
1 Month Change-6.25%
3 Month Change4.84%
1 Year Change7.14%
3 Year Change30.87%
5 Year Change32.88%
Change since IPO-59.38%

Recent News & Updates

Apr 21
Here's Why Shareholders May Want To Be Cautious With Increasing Tribal Group plc's (LON:TRB) CEO Pay Packet

Here's Why Shareholders May Want To Be Cautious With Increasing Tribal Group plc's (LON:TRB) CEO Pay Packet

Performance at Tribal Group plc ( LON:TRB ) has been reasonably good and CEO Mark Pickett has done a decent job of...

Shareholder Returns

TRBGB Consumer ServicesGB Market
7D-2.5%-5.9%-3.0%
1Y7.1%-1.5%2.8%

Return vs Industry: TRB exceeded the UK Consumer Services industry which returned -1.3% over the past year.

Return vs Market: TRB exceeded the UK Market which returned 5.1% over the past year.

Price Volatility

Is TRB's price volatile compared to industry and market?
TRB volatility
TRB Average Weekly Movement5.5%
Consumer Services Industry Average Movement5.5%
Market Average Movement5.2%
10% most volatile stocks in GB Market10.9%
10% least volatile stocks in GB Market2.6%

Stable Share Price: TRB is not significantly more volatile than the rest of UK stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: TRB's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999832Mark Picketthttps://www.tribalgroup.com

Tribal Group plc, through its subsidiaries, provides education related systems, solutions, and consultancy services in the United Kingdom, the Asia Pacific, the United States, Canada, and the Middle East. It operates through two segments, Student Information Systems (SIS) and Education Services (ES). The SIS segment offers software, and maintenance and support services; and deploys and configures software for its customers.

Tribal Group Fundamentals Summary

How do Tribal Group's earnings and revenue compare to its market cap?
TRB fundamental statistics
Market CapUK£204.31m
Earnings (TTM)UK£7.01m
Revenue (TTM)UK£74.06m

29.2x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TRB income statement (TTM)
RevenueUK£74.06m
Cost of RevenueUK£34.56m
Gross ProfitUK£39.51m
ExpensesUK£32.50m
EarningsUK£7.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.033
Gross Margin53.34%
Net Profit Margin9.46%
Debt/Equity Ratio5.5%

How did TRB perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

35%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TRB (£0.98) is trading below our estimate of fair value (£3.15)

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


Price To Earnings Ratio

PE vs Industry: TRB is poor value based on its PE Ratio (29.2x) compared to the European Consumer Services industry average (23.8x).

PE vs Market: TRB is poor value based on its PE Ratio (29.2x) compared to the UK market (18x).


Price to Earnings Growth Ratio

PEG Ratio: TRB is poor value based on its PEG Ratio (4.1x)


Price to Book Ratio

PB vs Industry: TRB's PB Ratio (4.5x) is in line with the GB Consumer Services industry average.


Future Growth

How is Tribal Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

7.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TRB's forecast earnings growth (7.1% per year) is above the savings rate (0.9%).

Earnings vs Market: TRB's earnings (7.1% per year) are forecast to grow slower than the UK market (12.1% per year).

High Growth Earnings: TRB's earnings are forecast to grow, but not significantly.

Revenue vs Market: TRB's revenue (3.7% per year) is forecast to grow slower than the UK market (4.8% per year).

High Growth Revenue: TRB's revenue (3.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TRB's Return on Equity is forecast to be low in 3 years time (19.9%).


Past Performance

How has Tribal Group performed over the past 5 years?

60.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRB has high quality earnings.

Growing Profit Margin: TRB became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: TRB has become profitable over the past 5 years, growing earnings by 60.2% per year.

Accelerating Growth: TRB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: TRB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Services industry (23%).


Return on Equity

High ROE: TRB's Return on Equity (15.6%) is considered low.


Financial Health

How is Tribal Group's financial position?


Financial Position Analysis

Short Term Liabilities: TRB's short term assets (£25.4M) do not cover its short term liabilities (£41.2M).

Long Term Liabilities: TRB's short term assets (£25.4M) exceed its long term liabilities (£8.8M).


Debt to Equity History and Analysis

Debt Level: TRB has more cash than its total debt.

Reducing Debt: TRB's debt to equity ratio has reduced from 6% to 5.5% over the past 5 years.

Debt Coverage: TRB's debt is well covered by operating cash flow (530.4%).

Interest Coverage: TRB's interest payments on its debt are well covered by EBIT (659.7x coverage).


Balance Sheet


Dividend

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

2.46%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TRB's dividend (2.46%) is higher than the bottom 25% of dividend payers in the UK market (1.48%).

High Dividend: TRB's dividend (2.46%) is low compared to the top 25% of dividend payers in the UK market (4.24%).


Stability and Growth of Payments

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

Growing Dividend: TRB's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (35.2%), TRB's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: TRB's dividends in 3 years are forecast to be well covered by earnings (27.4% payout ratio).


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Mark Pickett

3.33yrs

Tenure

UK£977,775

Compensation

Mr. Mark Pickett has been Chief Executive Officer of Tribal Group plc since March 18, 2019 and serves as its Chairman of Executive Board. He served as Company Secretary at Tribal Group plc June 30, 2016 an...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD1.32M) is above average for companies of similar size in the UK market ($USD585.42K).

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


Leadership Team

Experienced Management: TRB's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: TRB's board of directors are considered experienced (5.5 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 2.2%.


Top Shareholders

Company Information

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


Key Information

  • Name: Tribal Group plc
  • Ticker: TRB
  • Exchange: AIM
  • Founded: 1999
  • Industry: Education Services
  • Sector: Consumer Services
  • Implied Market Cap: UK£204.308m
  • Shares outstanding: 209.55m
  • Website: https://www.tribalgroup.com

Number of Employees


Location

  • Tribal Group plc
  • Kings Orchard
  • 1 Queen Street
  • Bristol
  • BS2 0HQ
  • United Kingdom

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 21:34
End of Day Share Price2022/01/25 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.