Tandem Group PLC (GB:TND)
LSE:TND
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Tandem Group plc
(LSE:TND)
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Rating:60Neutral
Price Target:
186.00 p
▲(7.20% Upside)
Action:ReiteratedDate:03/24/26
The score is primarily supported by improving financial performance in 2025 (return to profitability, stronger cash generation, and low leverage). This is tempered by still-thin margins and multi-year volatility. Technically, near-term strength is offset by stretched RSI and a negative MACD, while valuation is constrained by a negative P/E and no dividend yield data.
Positive Factors
Return to profitability
The return to positive profitability in 2025 demonstrates structural resilience in the group's business model and cost base. A sustained profit profile improves internal capital for reinvestment, strengthens credit standing and supports dividend or buyback optionality if margins hold.
Negative Factors
Thin margins
Low single-digit net margins leave limited buffer against input cost inflation, pricing pressure from retailers, or adverse FX on imports. Persistently thin margins constrain free cash flow upside, limit reinvestment capacity and require either scale gains or mix improvement to lift returns.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to profitability
The return to positive profitability in 2025 demonstrates structural resilience in the group's business model and cost base. A sustained profit profile improves internal capital for reinvestment, strengthens credit standing and supports dividend or buyback optionality if margins hold.
Read all positive factors
Tandem Group plc (TND) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£8.97M
Dividend YieldN/A
Average Volume (3M)5.32K
Price to Earnings (P/E)11.2
Beta (1Y)0.02
Revenue Growth16.74%
EPS GrowthN/A
CountryUK
Employees73
SectorConsumer Cyclical
Sector Strength84
IndustryLeisure
Share Statistics
EPS (TTM)0.22
Shares Outstanding5,517,707
10 Day Avg. Volume1,851
30 Day Avg. Volume5,321
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.36
Price to Sales (P/S)0.36
P/FCF Ratio3.95
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.11
Revenue Forecast (FY)£27.80M
Tandem Group plc Business Overview & Revenue Model
Company Description
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,...
How the Company Makes Money
Tandem Group plc makes money primarily by selling consumer products (predominantly branded goods) to retailers and other trade customers, as well as via online/e-commerce channels where applicable. Revenue is generated from the wholesale and distr...
Tandem Group plc Financial Statement Overview
Summary
Income Statement
58
Neutral
Balance Sheet
74
Positive
Cash Flow
66
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 26.15M | 24.62M | 22.24M | 26.68M | 40.92M |
| Gross Profit | 7.79M | 7.37M | 5.69M | 7.80M | 12.05M |
| EBITDA | 1.31M | 722.00K | -567.00K | 1.16M | 5.20M |
| Net Income | 850.00K | -60.00K | -1.24M | 674.00K | 3.83M |
Balance Sheet | |||||
| Total Assets | 35.00M | 34.93M | 32.56M | 36.04M | 39.45M |
| Cash, Cash Equivalents and Short-Term Investments | 1.54M | 1.39M | 447.00K | 3.29M | 6.37M |
| Total Debt | 3.44M | 5.71M | 4.01M | 4.84M | 4.04M |
| Total Liabilities | 8.91M | 11.01M | 8.75M | 9.25M | 16.71M |
| Stockholders Equity | 26.09M | 23.91M | 23.81M | 26.79M | 22.74M |
Cash Flow | |||||
| Free Cash Flow | 2.41M | -765.00K | -1.64M | -3.74M | -1.20M |
| Operating Cash Flow | 2.42M | -679.00K | -614.00K | 1.23M | 2.19M |
| Investing Cash Flow | 0.00 | -86.00K | -1.01M | -4.96M | -3.38M |
| Financing Cash Flow | -2.21M | 1.69M | -1.17M | 555.00K | 1.48M |
Tandem Group plc Technical Analysis
Negative
173.50
Price Trends
172.08
Negative
172.40
Negative
184.52
Negative
Market Momentum
-1.60
Positive
29.26
Positive
27.05
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TND, the sentiment is Negative. The current price of 173.5 is above the 20-day moving average (MA) of 170.25, above the 50-day MA of 172.08, and below the 200-day MA of 184.52, indicating a bearish trend. The MACD of -1.60 indicates Positive momentum. The RSI at 29.26 is Positive, neither overbought nor oversold. The STOCH value of 27.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for GB:TND.
Tandem Group plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | £189.05M | 3.31 | 4.55% | 3.22% | -0.17% | -10.96% | |
70 Outperform | £2.88B | 10.60 | 23.83% | 3.44% | -15.99% | 69.97% | |
67 Neutral | £298.06M | 5.52 | -6.79% | 6.30% | 3.31% | -340.97% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
60 Neutral | £8.97M | 11.20 | 0.72% | ― | 16.74% | ― | |
55 Neutral | £107.10M | 12.59 | 17.19% | 1.48% | 20.64% | ― | |
46 Neutral | £4.37M | -2.08 | -11.38% | ― | -15.55% | -25.85% |
* Consumer Cyclical Sector Average
GB:TND
Tandem Group plc
162.50
1.00
0.62%
GB:AUTG
Autins Group plc
8.00
1.70
26.98%
GB:HFD
Halfords
136.80
24.33
21.63%
GB:INCH
Inchcape
812.40
168.49
26.17%
GB:MOTR
Motorpoint
135.00
9.16
7.28%
GB:VTU
Vertu Motors
61.60
10.30
20.08%
Tandem Group plc Corporate Events
Business Operations and StrategyExecutive/Board ChangesDividendsFinancial DisclosuresShareholder Meetings
Tandem Group lifts profit, slashes debt and restores dividend on bicycle-led growth
Positive
Mar 23, 2026
Tandem Group reported a 6.2% rise in 2025 revenue to £26.2 million, driven by strong growth in bicycles, golf and home and garden, partly offset by weaker toys, sports and leisure sales amid softer discretionary demand and shifting retailer b...
Business Operations and StrategyFinancial Disclosures
Tandem Group lifts profitability on resilient trading and strong bike, home & garden growth
Positive
Feb 6, 2026
Tandem Group plc reported a resilient trading performance for the year to 31 December 2025, with revenue rising 6.2% to £26.2 million despite weak consumer confidence and broader macro-economic pressures. Strong first-half trading, tighter co...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.