Tribal Group plc (TRB) AI Stock Analysis

• Market Cap: £132.84M
• Dividend Yield: 1.83%
• Average Volume (3M): 239.18K
• Price to Earnings (P/E): 16.4
• Beta (1Y): 0.94
• Revenue Growth: 3.48%
• EPS Growth: 318.89%
• Country: UK
• Employees: 867
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): 0.02
• Shares Outstanding: 214,379,900
• 10 Day Avg. Volume: 369,579
• 30 Day Avg. Volume: 239,182
• PEG Ratio: 4.46
• Price to Book (P/B): 1.93
• Price to Sales (P/S): 1.10
• P/FCF Ratio: 12.37
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 70 Outperform
• Price Target: 69.00p ▲(9.52% Upside)

Tribal Group plc's overall stock score reflects its solid financial performance, characterized by consistent revenue growth and strong cash flow generation. The technical analysis indicates mixed momentum, with short-term bearish signals but a longer-term bullish trend. The valuation suggests the stock is fairly valued with a reasonable P/E ratio and a modest dividend yield. The absence of earnings call and corporate events data did not impact the score.

Tribal Group plc Business Overview & Revenue Model

Company Description

Tribal Group plc, through its subsidiaries, provides education related systems, solutions, and consultancy services in the United Kingdom, Australia, other Asia Pacific, North America, and internationally. It operates in 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 solutions, asset management, and information managed services for its customers. The ES segment offers inspection and review services that support the assessment of educational delivery, as well as a portfolio of performance improvement tools and services, including analytics. The company serves higher education, further education, vocational institutions, colleges, training providers, employers, and school sectors, as well as government and state bodies. Tribal Group plc was founded in 1999 and is based in Bristol, the United Kingdom.

How the Company Makes Money

Tribal Group generates revenue through multiple streams, primarily from software sales, licensing fees, and subscription services related to its educational solutions. The company also earns income from consultancy services, providing expertise in areas such as institutional strategy, student experience, and operational efficiency. Significant partnerships with educational institutions help drive recurring revenue through long-term contracts and support agreements. Additionally, the company benefits from its ability to adapt its offerings to meet the evolving needs of the education sector, thus enhancing customer retention and attracting new clients.

Tribal Group plc Financial Statement Overview

Summary

Tribal Group plc exhibits strong financial performance with consistent revenue growth, a robust cash flow generation, and low leverage contributing to financial stability. However, slightly declining EBIT margins and reduced cash reserves highlight areas for improvement.

Income Statement

Tribal Group plc has shown a consistent increase in revenue over the past years, with a revenue growth rate of 4.97% from 2023 to 2024. The gross profit margin stands at 48.33% for 2024, reflecting effective cost management. The net profit margin improved to 6.10%, indicating enhanced profitability. However, the EBIT margin decreased slightly to 7.66%, suggesting a slight dip in operational efficiency.

Balance Sheet

The company's debt-to-equity ratio of 0.19 in 2024 signifies a low level of leverage, which is a positive sign of financial stability. The return on equity (ROE) is 10.66%, showcasing decent profitability relative to shareholder equity. The equity ratio is 45.52%, indicating a solid equity base. However, the decrease in cash and cash equivalents may pose liquidity challenges.

Cash Flow

The operating cash flow to net income ratio is strong at 2.32, demonstrating robust cash generation relative to profits. The free cash flow growth rate is noteworthy, turning positive in 2024, which signals improved financial health and potential for reinvestment. However, the substantial capital expenditures in previous years could impact future cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	90.35M	90.01M	85.75M	83.58M	81.15M	72.95M
Gross Profit	43.41M	42.53M	41.39M	31.34M	41.81M	38.63M
EBITDA	15.06M	11.22M	11.24M	4.87M	12.45M	12.93M
Net Income	8.05M	5.49M	5.29M	-510.00K	6.99M	6.36M
Balance Sheet
Total Assets	107.09M	113.07M	113.64M	103.07M	97.35M	85.03M
Cash, Cash Equivalents and Short-Term Investments	4.16M	5.29M	6.80M	2.89M	5.92M	9.52M
Total Debt	9.11M	9.61M	16.03M	7.73M	2.33M	3.57M
Total Liabilities	52.14M	61.60M	65.16M	58.25M	51.01M	46.81M
Stockholders Equity	54.96M	51.47M	48.48M	44.82M	46.34M	37.63M
Cash Flow
Free Cash Flow	12.05M	8.01M	-1.35M	-4.98M	3.10M	-2.02M
Operating Cash Flow	12.48M	12.71M	7.51M	6.11M	13.89M	5.46M
Investing Cash Flow	-4.07M	-4.68M	-8.71M	-12.03M	-16.91M	-9.17M
Financing Cash Flow	-6.18M	-9.22M	5.35M	2.85M	-406.00K	-3.27M

Tribal Group plc Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 63.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRB, the sentiment is Neutral. The current price of 63 is below the 20-day moving average (MA) of 63.50, below the 50-day MA of 64.26, and above the 200-day MA of 48.98, indicating a neutral trend. The MACD of -0.10 indicates Positive momentum. The RSI at 41.00 is Neutral, neither overbought nor oversold. The STOCH value of 5.21 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for GB:TRB.

Tribal Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AOM	72 Outperform	£162.81M	147.10	11.82%	―	13.76%	31.36%
TRB	70 Outperform	£132.84M	16.45	15.34%	1.83%	3.48%	318.89%
ELCO	69 Neutral	£131.79M	35.23	12.39%	0.67%	12.10%	27.35%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SPA	60 Neutral	£55.86M	1,666.67	0.15%	―	5.35%	-97.78%
OMG	60 Neutral	£48.40M	-28.00	-0.90%	7.51%	-18.13%	-151.19%
RM	46 Neutral	£109.52M	-73.86	-3.40%	―	-14.23%	97.27%

Tribal Group plc Corporate Events

Tribal Group plc Grants 750,000 Share Options Under Long Term Incentive Plan

Tribal Group plc has announced the granting of 750,000 nil cost options over ordinary shares to certain Persons Discharging Management Responsibility under the company’s 2022 Long Term Incentive Plan. These options, which represent approximately 0.35% of the company’s issued shares, are subject to performance conditions based on the company’s Key Performance Indicators over three years and will vest in equal parts over three years, with exercise allowed from October 2028. This move is part of Tribal’s strategy to align management incentives with company performance, potentially impacting its operational focus and stakeholder engagement.

The most recent analyst rating on (GB:TRB) stock is a Buy with a £69.00 price target. To see the full list of analyst forecasts on Tribal Group plc stock, see the GB:TRB Stock Forecast page.

Tribal Group Grants Share Options to Senior Management

Tribal Group plc announced the granting of 1,150,975 nil cost options over ordinary shares to senior management and executive directors under its 2022 Long Term Incentive Plan. These options, subject to performance conditions based on the company’s KPIs, aim to incentivize key personnel and align their interests with the company’s long-term goals. This move is expected to strengthen Tribal’s operational focus and potentially enhance its market position in the education management sector.

The most recent analyst rating on (GB:TRB) stock is a Buy with a £58.00 price target. To see the full list of analyst forecasts on Tribal Group plc stock, see the GB:TRB Stock Forecast page.

Tribal Group’s Strong H1 2025 Results Highlight Successful SaaS Transition

Tribal Group plc reported strong interim results for the first half of 2025, with a 5.5% increase in Annual Recurring Revenue (ARR) to £59.9 million and a significant rise in adjusted EBITDA by 18.4% to £8.3 million. The company’s strategic shift towards a full-service SaaS model is progressing well, with the successful launch of the Higher Education Full-Service proposition and increased cloud migration revenues. Tribal’s transformation efforts have resulted in improved financial performance, reduced net debt, and a positive outlook for the rest of the year, positioning the company favorably in the education technology sector.

Tribal Group plc to Announce H1 2025 Results on August 19

Tribal Group plc, a leading provider of software services to the international education market, has announced it will release its financial results for the first half of 2025 on August 19. The announcement is significant for stakeholders as it provides insights into the company’s performance and strategic positioning in the education technology sector.