Tribal Group
Market Cap
UK£190.7m
Last Updated
2021/02/28 20:43 UTC
Data Sources
Company Financials +
Executive Summary
Tribal Group plc provides education related systems and solutions, and educational consultancy services in the United Kingdom, the Asia Pacific, North America, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with moderate growth potential.
Similar Companies
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 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.
Market Performance
7 Day Return
-2.6%
TRB
-0.6%
GB Consumer Services
-2.3%
GB Market
1 Year Return
33.8%
TRB
25.8%
GB Consumer Services
1.0%
GB Market
Return vs Industry: TRB exceeded the UK Consumer Services industry which returned 25.8% over the past year.
Return vs Market: TRB exceeded the UK Market which returned 1% over the past year.
Shareholder returns
| TRB | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.6% | -0.6% | -2.3% |
| 30 Day | 4.8% | 5.5% | 0.3% |
| 90 Day | 28.7% | 6.0% | 4.2% |
| 1 Year | 36.2%33.8% | 27.4%25.8% | 7.1%1.0% |
| 3 Year | 21.6%16.3% | 36.0%31.3% | 9.7%-3.4% |
| 5 Year | 169.0%85.1% | 78.8%38.5% | 36.9%10.5% |
Long-Term 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
1 month ago | Simply Wall St
Shareholders of Tribal Group (LON:TRB) Must Be Delighted With Their 384% Total Return2 months ago | Simply Wall St
An Intrinsic Calculation For Tribal Group plc (LON:TRB) Suggests It's 27% Undervalued4 months ago | Simply Wall St
Health Check: How Prudently Does Tribal Group (LON:TRB) Use Debt?Valuation
Is Tribal Group undervalued compared to its fair value and its price relative to the market?
32.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: TRB (£0.93) is trading below our estimate of fair value (£1.37)
Significantly Below Fair Value: TRB is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: TRB is unprofitable, so we can't compare its PE Ratio to the XE Consumer Services industry average.
PE vs Market: TRB is unprofitable, so we can't compare its PE Ratio to the UK market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TRB's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TRB is overvalued based on its PB Ratio (5.1x) compared to the XE Consumer Services industry average (3.1x).
Next Steps
Future Growth
How is Tribal Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
60.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TRB is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1%).
Earnings vs Market: TRB is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TRB's is expected to become profitable in the next 3 years.
Revenue vs Market: TRB's revenue (0.1% per year) is forecast to grow slower than the UK market (7.3% per year).
High Growth Revenue: TRB's revenue (0.1% 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 (18.6%).
Next Steps
Past Performance
How has Tribal Group performed over the past 5 years?
63.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TRB is currently unprofitable.
Growing Profit Margin: TRB is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TRB is unprofitable, but has reduced losses over the past 5 years at a rate of 63.4% per year.
Accelerating Growth: Unable to compare TRB's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TRB is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (27.2%).
Return on Equity
High ROE: TRB has a negative Return on Equity (-7.59%), as it is currently unprofitable.
Next Steps
Financial Health
How is Tribal Group's financial position?
Financial Position Analysis
Short Term Liabilities: TRB's short term assets (£31.8M) do not cover its short term liabilities (£36.6M).
Long Term Liabilities: TRB's short term assets (£31.8M) exceed its long term liabilities (£15.7M).
Debt to Equity History and Analysis
Debt Level: TRB's debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: TRB's debt to equity ratio has reduced from 62.2% to 27% over the past 5 years.
Balance Sheet
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: Whilst unprofitable TRB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TRB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.8% per year.
Next Steps
Dividend
What is Tribal Group current dividend yield, its reliability and sustainability?
1.18%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: TRB's dividend (1.18%) isn’t notable compared to the bottom 25% of dividend payers in the UK market (1.49%).
High Dividend: TRB's dividend (1.18%) is low compared to the top 25% of dividend payers in the UK market (4.57%).
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: TRB is paying a dividend but the company is unprofitable.
Future Payout to Shareholders
Future Dividend Coverage: TRB's dividends in 3 years are forecast to be well covered by earnings (30.5% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Mark Pickett
2.42yrs
Tenure
UK£874,014
Compensation
Mr. Mark Pickett has been Chief Executive Officer of Tribal Group plc since March 18, 2019. He served as the Company Secretary at Tribal Group plc June 30, 2016 and has been its Director since July 2016. H...
CEO Compensation Analysis
Compensation vs Market: Mark's total compensation ($USD1.22M) is above average for companies of similar size in the UK market ($USD570.95K).
Compensation vs Earnings: Mark's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.42yrs | UK£874.01k | 0.34% £ 644.7k | |
| Acting Chief Financial Officer | 1.92yrs | no data | no data | |
| Chief Operating Officer | 1.08yrs | no data | no data | |
| Chief Technology Officer | 1.42yrs | no data | 0.034% £ 65.1k | |
| Global Legal Counsel & Company Secretary | 5.08yrs | no data | no data | |
| Marketing & Product Management Director | no data | no data | no data | |
| Director of HR | no data | no data | no data | |
| Managing Director of Education Services | no data | no data | no data | |
| Managing Director of APAC Region | no data | no data | no data |
1.9yrs
Average Tenure
Experienced Management: TRB's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 2.42yrs | UK£874.01k | 0.34% £ 644.7k | |
| Senior Independent Non-Executive Director | 5.25yrs | UK£164.66k | 1.94% £ 3.7m | |
| Independent Non-Executive Chairman | 5.25yrs | UK£269.56k | 1.95% £ 3.7m | |
| Independent Non-Executive Director | 1.08yrs | no data | 0.0070% £ 13.3k |
4.9yrs
Average Tenure
64yo
Average Age
Experienced Board: TRB'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: 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tribal Group plc's company bio, 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
- Market Cap: UK£190.675m
- Shares outstanding: 205.03m
- Website: https://www.tribalgroup.com
Number of Employees
Location
- Tribal Group plc
- Kings Orchard
- One Queen Street
- Bristol
- BS2 0HQ
- United Kingdom
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| TRB | AIM (London Stock Exchange AIM Market) | Yes | Ordinary Shares | GB | GBP | Feb 2001 |
| T3G | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Feb 2001 |
Biography
Tribal Group plc provides education related systems and solutions, and educational consultancy services in the United Kingdom, the Asia Pacific, North America, and internationally. The company operates thr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 20:43 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.