LSE:TRD

Stock Analysis Report

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Executive Summary

Triad Group Plc provides IT consultancy, solution, and resourcing services to the public and private sectors primarily in the United Kingdom.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Triad Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TRD's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.5%

TRD

7.6%

GB IT

2.6%

GB Market


1 Year Return

-42.0%

TRD

14.1%

GB IT

-12.4%

GB Market

Return vs Industry: TRD underperformed the UK IT industry which returned 11.6% over the past year.

Return vs Market: TRD underperformed the UK Market which returned -12.9% over the past year.


Shareholder returns

TRDIndustryMarket
7 Day3.5%7.6%2.6%
30 Day-7.4%15.6%-0.4%
90 Day-21.2%23.9%4.1%
1 Year-40.3%-42.0%15.6%14.1%-8.8%-12.4%
3 Year-52.0%-57.1%82.5%71.2%-4.9%-16.3%
5 Year-13.8%-23.5%144.8%124.5%14.3%-11.0%

Price Volatility Vs. Market

How volatile is Triad Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.93x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TRD's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TRD's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TRD is unprofitable, so we can't compare its PE Ratio to the GB IT industry average.

PE vs Market: TRD 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 TRD's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TRD is good value based on its PB Ratio (0.9x) compared to the GB IT industry average (2.8x).


Next Steps

Future Growth

How is Triad Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.6%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Triad Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Triad Group performed over the past 5 years?

-14.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TRD is currently unprofitable.

Growing Profit Margin: TRD is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TRD is unprofitable, and losses have increased over the past 5 years at a rate of 14.4% per year.

Accelerating Growth: Unable to compare TRD's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TRD is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (5.9%).


Return on Equity

High ROE: TRD has a negative Return on Equity (-16.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is Triad Group's financial position?


Financial Position Analysis

Short Term Liabilities: TRD's short term assets (£6.6M) exceed its short term liabilities (£2.4M).

Long Term Liabilities: TRD's short term assets (£6.6M) exceed its long term liabilities (£863.0K).


Debt to Equity History and Analysis

Debt Level: TRD is debt free.

Reducing Debt: TRD had no debt 5 years ago.

Debt Coverage: TRD has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: TRD has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TRD's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TRD's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TRD's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TRD's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: TRD is not paying a notable dividend for the UK market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TRD's dividend in 3 years as they are not forecast to pay a notable one for the UK market.


Next Steps

Management

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

4.3yrs

Average board tenure


CEO

Adrian Leer

no data

Tenure

UK£234,000

Compensation

Mr. Adrian Leer is Managing Director at Triad Group plc since May 2018. Mr. Leer was Commercial Director of Triad Group plc since March 03, 2015 until May 2018. Mr. Leer initially joined Triad in 2009 in a ...


CEO Compensation Analysis

Compensation vs Market: Adrian's total compensation ($USD305.53K) is about average for companies of similar size in the UK market ($USD356.81K).

Compensation vs Earnings: Adrian's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
John Rigg
Executive Chairman21.17yrsUK£60.00k29.06%
£ 1.2m
Adrian Leer
MD & Executive Directorno dataUK£234.00k0.97%
£ 41.0k
James McDonald
Finance Director0.58yrno datano data
Tim Eckes
Client Services Director & Executive Directorno datano data0.38%
£ 15.9k
Christopher Duckworth
Non-Executive Director3.08yrsUK£35.00k0.084%
£ 3.5k
Alistair Fulton
Senior Independent Non-Executive Directorno dataUK£35.00k2.22%
£ 93.5k
Charlotte Rigg
Non-Executive Directorno datano data0.63%
£ 26.4k

4.3yrs

Average Tenure

Experienced Board: TRD's board of directors are considered experienced (4.3 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

Triad Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triad Group plc
  • Ticker: TRD
  • Exchange: LSE
  • Founded: 1988
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: UK£4.219m
  • Shares outstanding: 15.98m
  • Website: https://www.triad.co.uk

Number of Employees


Location

  • Triad Group plc
  • Huxley House
  • Weyside Park
  • Godalming
  • Surrey
  • GU7 1XE
  • United Kingdom

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TRDLSE (London Stock Exchange)YesOrdinary SharesGBGBPApr 1996
TD8BST (Boerse-Stuttgart)YesOrdinary SharesDEEURApr 1996

Biography

Triad Group Plc provides IT consultancy, solution, and resourcing services to the public and private sectors primarily in the United Kingdom. The company offers consulting and advisory; staffing, resourcin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/07 21:14
End of Day Share Price2020/08/07 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.