Tribal Group plc, together with its subsidiaries, provides education related systems and solutions, and educational consultancy services in the United Kingdom, the Asia Pacific, North America, and internationally.
High growth potential with excellent balance sheet.
Share Price & News
How has Tribal Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TRB has not had significant price volatility in the past 3 months.
7 Day Return
GB Consumer Services
1 Year Return
GB Consumer Services
Return vs Industry: TRB underperformed the UK Consumer Services industry which returned 35.1% over the past year.
Return vs Market: TRB underperformed the UK Market which returned 6.2% over the past year.
Price Volatility Vs. Market
How volatile is Tribal Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Tribal Group plc (LON:TRB) Trading At A 49% Discount?
1 month ago | Simply Wall StAre Tribal Group's (LON:TRB) Statutory Earnings A Good Guide To Its Underlying Profitability?
2 months ago | Simply Wall StHow Does Tribal Group plc (LON:TRB) Fare As A Dividend Stock?
Is Tribal Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRB (£0.72) is trading below our estimate of fair value (£1.32)
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 (28.5x) compared to the Consumer Services industry average (18.3x).
PE vs Market: TRB is poor value based on its PE Ratio (28.5x) compared to the UK market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: TRB is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: TRB is overvalued based on its PB Ratio (3.7x) compared to the GB Consumer Services industry average (3.6x).
How is Tribal Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRB's forecast earnings growth (40.9% per year) is above the savings rate (0.5%).
Earnings vs Market: TRB's earnings (40.9% per year) are forecast to grow faster than the UK market (12.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: TRB's revenue (3.8% per year) is forecast to grow faster than the UK market (3.5% per year).
High Growth Revenue: TRB's revenue (3.8% 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 high in 3 years time (20.7%)
How has Tribal Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRB has a large one-off loss of £2.5M impacting its June 30 2019 financial results.
Growing Profit Margin: TRB's current net profit margins (6.3%) are higher than last year (4.7%).
Past Earnings Growth Analysis
Earnings Trend: TRB has become profitable over the past 5 years, growing earnings by 43.9% per year.
Accelerating Growth: TRB's earnings growth over the past year (25.6%) is below its 5-year average (43.9% per year).
Earnings vs Industry: TRB earnings growth over the past year (25.6%) underperformed the Consumer Services industry 43.5%.
Return on Equity
High ROE: TRB's Return on Equity (13.1%) is considered low.
Return on Assets
Return on Capital Employed
How is Tribal Group's financial position?
Financial Position Analysis
Short Term Liabilities: TRB's short term assets (£26.5M) do not cover its short term liabilities (£34.6M).
Long Term Liabilities: TRB's short term assets (£26.5M) exceed its long term liabilities (£8.0M).
Debt to Equity History and Analysis
Debt Level: TRB's debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: TRB's debt to equity ratio has reduced from 52% to 2.6% over the past 5 years.
Inventory Level: TRB has a low level of unsold assets or inventory.
Debt Coverage by Assets: TRB's debt is covered by short term assets (assets are 26.9x debt).
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: TRB is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: TRB is profitable, therefore cash runway is not a concern.
What is Tribal Group's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: TRB's dividend (1.53%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.82%).
High Dividend: TRB's dividend (1.53%) is low compared to the top 25% of dividend payers in the UK market (5.15%).
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 (43.7%), 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 (27.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mark Pickett 0
Mr. Mark Pickett has been the Company Secretary and Director at Tribal Group plc since June 30, 2016 and served as Acting Chief Executive Officer from October 5, 2018 until March 18, 2019 and now serves as ...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD871.66K) is above average for companies of similar size in the UK market ($USD597.90K).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
|CEO, Company Secretary & Director||1.3yrs||UK£673.33k||0.34% £497.4k|
|Acting Chief Financial Officer||0.9yrs||no data||no data|
|Chief Technology Officer||1.1yrs||no data||no data|
|Marketing & Product Management Director||0yrs||no data||no data|
|Director of HR||0yrs||no data||no data|
|Managing Director of Education Services||0yrs||no data||no data|
|Managing Director of Higher Education||0yrs||no data||no data|
|Managing Director of EMEA Region||3.2yrs||no data||no data|
|Managing Director of APAC Region||0yrs||no data||no data|
Experienced Management: TRB's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.
|CEO, Company Secretary & Director||1.3yrs||UK£673.33k||0.34% £497.4k|
|Senior Independent Non-Executive Director||4.3yrs||UK£321.19k||1.95% £2.9m|
|Non-Executive Chairman||4.3yrs||UK£401.09k||1.95% £2.9m|
|Non-Executive Director||0.08yrs||no data||0.0070% £10.2k|
Experienced Board: TRB's board of directors are considered experienced (4 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Tribal Group plc's company bio, employee growth, exchange listings and data sources
- Name: Tribal Group plc
- Ticker: TRB
- Exchange: AIM
- Founded: 1999
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: UK£145.926m
- Shares outstanding: 203.38m
- Website: https://www.tribalgroup.com
Number of Employees
- Tribal Group plc
- Kings Orchard
- One Queen Street
- BS2 0HQ
- United Kingdom
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|TRB||AIM (London Stock Exchange AIM Market)||Yes||Ordinary Shares||GB||GBP||Feb 2001|
Tribal Group plc, together with its subsidiaries, provides education related systems and solutions, and educational consultancy services in the United Kingdom, the Asia Pacific, North America, and internationally. The company operates through three segments: Student Management Systems (SMS), i-graduate, and Quality Assurance Solutions (QAS). The SMS segment offers software, and maintenance and support services; and deploys and configures software for its customers. The i-graduate segment provides a portfolio of performance enhancement tools and services, such as analytics, software solutions, and facilities and asset management. The QAS segment offers inspection and review services that support the assessment of an educational delivery. It serves the universities, colleges, schools, training providers, employers, and government and state bodies. Tribal Group plc has a strategic partnership with Microsoft to expand the access of educational institutions and students to student information systems. Tribal Group plc was founded in 1999 and is based in Bristol, the United Kingdom.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 20:47|
|End of Day Share Price||2020/02/20 00:00|
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.