Triad Group plc (TRD) AI Stock Analysis

• Market Cap: £52.29M
• Dividend Yield: 2.69%
• Average Volume (3M): 4.84K
• Price to Earnings (P/E): 27.4
• Beta (1Y): 0.50
• Revenue Growth: 30.01%
• EPS Growth: 138.65%
• Country: UK
• Employees: 133
• Sector: Technology
• Sector Strength: 88
• Industry: Information Technology Services
• EPS (TTM): 0.05
• Shares Outstanding: 17,429,388
• 10 Day Avg. Volume: 3,908
• 30 Day Avg. Volume: 4,845
• PEG Ratio: -0.12
• Price to Book (P/B): 11.68
• Price to Sales (P/S): 2.64
• P/FCF Ratio: 26.24
• 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: 72 Outperform
• Price Target: 272.00p ▲(4.62% Upside)
• Action: Upgraded Date: 12/07/25
• Date: Action: Upgraded 12/07/25

Triad Group plc's overall stock score is driven by strong financial performance and positive corporate events, indicating a solid foundation and growth potential. However, technical analysis suggests caution due to bearish trends, and the high P/E ratio indicates potential overvaluation. The company's strategic growth and financial flexibility are significant strengths.

Positive Factors

Revenue Growth

Sustained double-digit revenue expansion demonstrates rising client demand and stronger commercial traction across services. This growth provides a larger base to invest in capabilities, support margin improvements, and deepen client relationships, strengthening medium-term business resilience.

Cash Generation

Consistent positive free cash flow and strong cash conversion indicate high-quality earnings and internal funding capability. This durable cash generation supports reinvestment, dividends and selective M&A without heavy reliance on external financing, enhancing financial flexibility over months.

Low Leverage / Balance Sheet Strength

Very low leverage and a solid equity base reduce financial risk and preserve capacity to invest or weather downturns. This structural balance-sheet strength supports strategic flexibility—funding growth initiatives or absorbing project timing shocks without compromising operations.

Negative Factors

Earnings Volatility

A sharp swing from loss to profit highlights operational sensitivity to project mix and margins. Such volatility can recur if large contracts shift or margins compress, making medium-term earnings predictability and planning more challenging for stakeholders and capital allocators.

Limited Asset Base

Stagnant asset growth may constrain the firm's capacity to scale delivery, invest in platforms, or support larger multi-year contracts. Without purposeful asset or capability investment, the company could face structural limits to revenue diversification and winning bigger enterprise deals.

Project-Based Revenue Cyclicality

A consultancy model with T&M and fixed-price projects tends to produce lumpy, timing-sensitive revenue and margin pressure from scope changes. Structurally, this reduces predictability of cashflows and increases dependency on utilization and contract cadence over the medium term.

Triad Group plc Business Overview & Revenue Model

Company Description

Triad Group Plc provides information technology consultancy services to the public, private, and not-for-profit sectors primarily in the United Kingdom. The company offers consulting and advisory; business insights; staffing, resourcing, and recruitment; software development and engineering; project and software delivery; and program delivery and support services. Triad Group Plc was incorporated in 1988 and is based in Godalming, the United Kingdom.

How the Company Makes Money

Triad Group generates revenue primarily through its consultancy and professional services, which include IT strategy development, software engineering, and project management. The company typically charges clients on a time-and-materials basis or fixed-price contracts for specific projects, allowing for flexibility based on the needs of the client and the scope of work. Key revenue streams include ongoing contracts with government agencies and large enterprises, as well as one-off projects for businesses looking to implement new technologies. Additionally, partnerships with technology vendors and strategic alliances contribute to its earnings by enabling access to advanced tools and resources, which enhance the services offered to clients.

Triad Group plc Financial Statement Overview

Summary

Triad Group plc has shown remarkable recovery in its financial performance, with significant improvements in revenue growth, profitability, and cash flow generation. The balance sheet remains strong with low leverage, providing a solid foundation for future growth. While past performance showed volatility, the current metrics indicate a positive trajectory and improved financial health, positioning the company well within the Information Technology Services industry.

Income Statement

Triad Group plc has demonstrated strong revenue growth, increasing from £14.05 million in 2024 to £21.42 million in 2025, a growth rate of 52.5%. The company has also improved its profitability significantly, with a net profit margin of 8.08% and a gross profit margin of 28.57% in 2025, compared to a net loss in 2024. The EBIT margin improved from a negative margin to 7.00% in 2025. Despite past volatility, the recent trajectory shows a sharp recovery and improved profitability.

Balance Sheet

The balance sheet indicates a stable financial position, with a debt-to-equity ratio of 0.11 in 2025, suggesting low leverage. The equity ratio stands at 56.33%, reflecting a solid equity base. Return on equity improved to 35.70% as the company returned to profitability. However, the total assets have shown limited growth, and while the debt levels are low, the company needs to maintain asset growth to support future operations.

Cash Flow

Triad Group plc's cash flow has improved markedly, with a free cash flow of £2.16 million in 2025, compared to negative free cash flow in 2024. The operating cash flow to net income ratio is 1.28, indicating strong cash conversion. The free cash flow to net income ratio is also favorable at 1.25. This reflects the company's ability to generate cash from operations efficiently, supporting its financial flexibility.

Breakdown	TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement
Total Revenue	23.22M	21.42M	14.05M	14.86M	17.02M	17.82M
Gross Profit	6.12M	6.12M	2.82M	3.23M	4.51M	3.55M
EBITDA	1.78M	1.76M	-990.00K	308.00K	1.38M	944.00K
Net Income	1.83M	1.73M	-1.01M	-44.00K	1.17M	685.00K
Balance Sheet
Total Assets	7.70M	8.60M	6.50M	8.71M	8.88M	8.46M
Cash, Cash Equivalents and Short-Term Investments	3.71M	3.37M	2.05M	4.79M	5.33M	4.92M
Total Debt	701.00K	538.00K	753.00K	1.05M	426.00K	733.00K
Total Liabilities	3.06M	3.76M	3.10M	3.51M	2.86M	3.18M
Stockholders Equity	4.63M	4.85M	3.40M	5.19M	6.02M	5.28M
Cash Flow
Free Cash Flow	2.04M	2.16M	-1.51M	692.00K	1.07M	1.29M
Operating Cash Flow	2.10M	2.22M	-1.47M	701.00K	1.21M	1.33M
Investing Cash Flow	-53.00K	339.00K	54.00K	93.00K	-24.00K	80.00K
Financing Cash Flow	-1.21M	-1.24M	-1.33M	-1.32M	-777.00K	-332.00K

Triad Group plc Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 260.00
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Negative
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRD, the sentiment is Positive. The current price of 260 is below the 20-day moving average (MA) of 296.85, below the 50-day MA of 274.54, and below the 200-day MA of 284.93, indicating a bullish trend. The MACD of 7.01 indicates Positive momentum. The RSI at 83.16 is Negative, neither overbought nor oversold. The STOCH value of 50.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TRD.

Triad Group plc Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CCC	78 Outperform	£3.35B	20.86	17.42%	2.43%	21.86%	0.86%
SCT	75 Outperform	£2.24B	17.11	41.77%	2.05%	51.50%	11.62%
TRD	72 Outperform	£52.29M	27.45	44.27%	2.69%	30.01%	138.65%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
RCN	54 Neutral	£195.94M	77.58	1.35%	3.01%	-31.46%	297.44%
TPX	52 Neutral	£35.28M	-4.69	-17.47%	―	-5.84%	55.30%

Triad Group plc Corporate Events

Triad Group refreshes board as senior independent director departs

Triad Group plc has announced that senior independent non-executive director Chris Duckworth has stepped down from the board with immediate effect, ending a long period of service acknowledged by the company. The move prompts a refresh of the board’s independent oversight at a time when strong governance remains central to investor confidence.

The company has appointed chartered accountant Steve Sanderson as the new senior independent non-executive director, effective 2 March 2026, marking his return after previously serving for many years on the board. Sanderson’s recent experience as finance director at satellite consultancy e2E, acquired by Telespazio UK in 2023, brings additional sector and financial expertise that may bolster Triad’s strategic and governance capabilities for stakeholders.

The most recent analyst rating on (GB:TRD) stock is a Hold with a £326.00 price target. To see the full list of analyst forecasts on Triad Group plc stock, see the GB:TRD Stock Forecast page.

Triad Deputy Executive Chairman Increases Stake to Nearly 9% After Market Purchase

Triad Group Plc has disclosed that Deputy Executive Chairman Charlotte Rigg has acquired 4,671 ordinary shares in the company at an average price of 297.96 pence per share via direct market purchases on the London Stock Exchange. Following this transaction, Rigg’s total beneficial holding has risen to 1,558,306 shares, representing 8.94% of Triad’s current issued share capital, signalling continued insider confidence and further aligning senior management’s interests with those of shareholders.

The most recent analyst rating on (GB:TRD) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Triad Group plc stock, see the GB:TRD Stock Forecast page.

Triad Group Deputy Executive Chairman Increases Stake to Nearly 9%

Triad Group Plc has disclosed that Deputy Executive Chairman Charlotte Rigg has acquired 10,158 ordinary shares in the company at an average price of 264.15 pence per share. Following this transaction, Rigg’s total beneficial holding has increased to 1,553,635 shares, representing 8.91% of the company’s issued share capital, signalling continued senior management confidence and further aligning her interests with those of shareholders.

The most recent analyst rating on (GB:TRD) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Triad Group plc stock, see the GB:TRD Stock Forecast page.

Triad Group Director Executes Bed and ISA Share Transaction With No Change in Holding

Triad Group plc has disclosed a director dealing involving Client Services Director Tim Eckes, who executed a “Bed and ISA” transaction on 19 January 2026, selling 3,251 ordinary shares at 240p each and immediately repurchasing the same number into his Individual Savings Account at an average price of 241.04p per share. The transaction, conducted on the London Stock Exchange, leaves Eckes’ ultimate beneficial holding unchanged at 147,180 shares, representing about 0.84% of Triad’s voting rights, indicating that the dealing is a personal tax-efficient portfolio move rather than a change in his economic exposure to the company.

The most recent analyst rating on (GB:TRD) stock is a Buy with a £272.00 price target. To see the full list of analyst forecasts on Triad Group plc stock, see the GB:TRD Stock Forecast page.

Triad Group Confirms Total Voting Rights at 17.4 Million Shares

Triad Group plc has confirmed that, as of 22 December 2025, its issued share capital comprises 17,429,388 ordinary shares of 1p each. The company holds no shares in treasury, meaning the total number of voting rights also stands at 17,429,388, a figure shareholders should use as the denominator when assessing whether they must disclose any interests or changes in their holdings under regulatory transparency rules.

The most recent analyst rating on (GB:TRD) stock is a Buy with a £305.00 price target. To see the full list of analyst forecasts on Triad Group plc stock, see the GB:TRD Stock Forecast page.