Tandem Group

LSE:TND UK Leisure
Market Cap
$112.45K
GBX924.22 Million GBX
Market Cap Rank
#47975 Global
#1121 in UK
Share Price
GBX167.50
Change (1 day)
-1.47%
52-Week Range
GBX157.50 - GBX218.00
All Time High
GBX652.15
Categories
Companies in UK Leisure
About

Tandem Group plc designs, develops, distributes, and retails of sports, leisure, and mobility products in the United Kingdom. It operates in four segments: Toy, Sports & Leisure, Bicycles, and Home & Garden. The company offers bicycles and accessories under the Boss, Claud Butler, Dashel, Dawes, Elswick, Falcon, Gocycle, Hoy, Orbea, Pure, Swytch, Squish, Tern, Trek, Whyte, VanMoof, and Zombie bra… Read more

Tandem Group (TND) - Net Assets

Latest net assets as of June 2025: GBX23.34 Million GBX

Based on the latest financial reports, Tandem Group (TND) has net assets worth GBX23.34 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX32.54 Million) and total liabilities (GBX9.20 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets GBX23.34 Million
% of Total Assets 71.73%
Annual Growth Rate 3.88%
5-Year Change 44.0%
10-Year Change 205.86%
Growth Volatility 112.39

Tandem Group - Net Assets Trend (1986–2024)

This chart illustrates how Tandem Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Tandem Group (1986–2024)

The table below shows the annual net assets of Tandem Group from 1986 to 2024.

Year Net Assets Change
2024-12-31 GBX23.91 Million +0.44%
2023-12-31 GBX23.81 Million -11.11%
2022-12-31 GBX26.79 Million +17.81%
2021-12-31 GBX22.74 Million +36.92%
2020-12-31 GBX16.61 Million +16.05%
2019-12-31 GBX14.31 Million +15.34%
2018-12-31 GBX12.41 Million +12.11%
2017-12-31 GBX11.07 Million +34.75%
2016-12-31 GBX8.21 Million +5.05%
2015-12-31 GBX7.82 Million +18.72%
2014-12-31 GBX6.59 Million +16.77%
2013-12-31 GBX5.64 Million +1.40%
2012-12-31 GBX5.56 Million -9.53%
2011-12-31 GBX6.15 Million -29.05%
2011-01-31 GBX8.66 Million +23.73%
2010-01-31 GBX7.00 Million +2.11%
2009-01-31 GBX6.86 Million -0.52%
2008-01-31 GBX6.89 Million +36.19%
2007-01-31 GBX5.06 Million +72.06%
2006-01-31 GBX2.94 Million -51.95%
2005-01-31 GBX6.12 Million -16.12%
2004-01-31 GBX7.30 Million +34.41%
2003-01-31 GBX5.43 Million +75.65%
2002-01-31 GBX3.09 Million +63.34%
2001-01-31 GBX1.89 Million +139.26%
2000-01-31 GBX-4.82 Million +1.45%
1999-01-31 GBX-4.89 Million -629.55%
1998-01-31 GBX924.00K -70.67%
1997-01-31 GBX3.15 Million -58.02%
1996-01-31 GBX7.50 Million -0.85%
1995-01-31 GBX7.57 Million +9.52%
1994-01-31 GBX6.91 Million +102.61%
1993-01-31 GBX3.41 Million -57.98%
1992-01-31 GBX8.12 Million -28.93%
1990-09-30 GBX11.42 Million -2.08%
1989-09-30 GBX11.66 Million -1.69%
1988-09-30 GBX11.86 Million +3.72%
1987-09-30 GBX11.44 Million +104.84%
1986-09-30 GBX5.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to Tandem Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 1463100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX14.63 Million 61.18%
Common Stock GBX1.50 Million 6.28%
Other Comprehensive Income GBX6.15 Million 25.72%
Other Components GBX1.63 Million 6.82%
Total Equity GBX23.91 Million 100.00%

Tandem Group Competitors by Market Cap

The table below lists competitors of Tandem Group ranked by their market capitalization.

Company Market Cap
NVPCF
OTCQB:NVPCF
 		$1.16K
Pak Elektron Ltd
KAR:PAEL
 		$1.16K
Sitara Peroxide Ltd
KAR:SPL
 		$1.16K
Dong A Hotel Group JSC
VN:DAH
 		$1.17K
Targeted Medical
PINK:TRGM
 		$1.16K
Renuka Holdings PLC
CM:RHLN0000
 		$1.16K
Tien Son Thanh Hoa JSC
VN:AAT
 		$1.16K
IHUNT TECHNOLOGY IMPORT-EXPORT S.A.
RO:HUNT
 		$1.16K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Tandem Group's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 23,811,000 to 23,915,000, a change of 104,000 (0.4%).
  • Net loss of 60,000 reduced equity.
  • Other comprehensive income increased equity by 111,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-60.00K -0.25%
Other Comprehensive Income GBX111.00K +0.46%
Other Changes GBX53.00K +0.22%
Total Change GBX- 0.44%

Book Value vs Market Value Analysis

This analysis compares Tandem Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 38.33x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 157.54x to 38.33x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1985-09-30 GBX1.06 GBX167.50 x
1986-09-30 GBX44.13 GBX167.50 x
1987-09-30 GBX65.20 GBX167.50 x
1988-09-30 GBX52.50 GBX167.50 x
1989-09-30 GBX49.88 GBX167.50 x
1990-09-30 GBX46.26 GBX167.50 x
1993-01-31 GBX13.66 GBX167.50 x
1994-01-31 GBX11.75 GBX167.50 x
1995-01-31 GBX10.10 GBX167.50 x
1996-01-31 GBX7.42 GBX167.50 x
1997-01-31 GBX1.44 GBX167.50 x
1998-01-31 GBX-0.09 GBX167.50 x
1999-01-31 GBX-3.97 GBX167.50 x
2000-01-31 GBX-3.99 GBX167.50 x
2001-01-31 GBX0.35 GBX167.50 x
2002-01-31 GBX0.40 GBX167.50 x
2003-01-31 GBX1.18 GBX167.50 x
2004-01-31 GBX1.15 GBX167.50 x
2005-01-31 GBX1.00 GBX167.50 x
2006-01-31 GBX0.49 GBX167.50 x
2007-01-31 GBX0.84 GBX167.50 x
2008-01-31 GBX1.13 GBX167.50 x
2009-01-31 GBX1.17 GBX167.50 x
2010-01-31 GBX1.24 GBX167.50 x
2011-01-31 GBX1.52 GBX167.50 x
2012-12-31 GBX1.19 GBX167.50 x
2013-12-31 GBX1.20 GBX167.50 x
2014-12-31 GBX1.38 GBX167.50 x
2015-12-31 GBX1.58 GBX167.50 x
2016-12-31 GBX1.66 GBX167.50 x
2017-12-31 GBX2.21 GBX167.50 x
2018-12-31 GBX2.46 GBX167.50 x
2019-12-31 GBX2.78 GBX167.50 x
2020-12-31 GBX3.11 GBX167.50 x
2021-12-31 GBX4.17 GBX167.50 x
2022-12-31 GBX4.89 GBX167.50 x
2023-12-31 GBX4.35 GBX167.50 x
2024-12-31 GBX4.37 GBX167.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Tandem Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -0.25%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.24%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.46x
  • Recent ROE (-0.25%) is below the historical average (2.54%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 10.84% 1.94% 2.44x 2.29x GBX45.70K
1987 6.76% 2.17% 1.87x 1.67x GBX-367.10K
1988 11.68% 3.71% 1.87x 1.69x GBX197.60K
1989 12.69% 3.50% 1.51x 2.41x GBX313.90K
1990 1.70% 0.39% 1.60x 2.72x GBX-947.90K
1993 -174.22% -29.11% 1.49x 4.03x GBX-6.28 Million
1994 1.69% 0.81% 1.42x 1.48x GBX-573.90K
1995 11.79% 8.96% 1.02x 1.29x GBX135.30K
1996 -34.93% -12.69% 0.43x 6.37x GBX-2.96 Million
1997 -158.20% -5.64% 2.29x 12.27x GBX-3.65 Million
1998 0.00% -5.87% 1.46x 0.00x GBX-2.29 Million
1999 0.00% -18.82% 1.88x 0.00x GBX-5.28 Million
2000 0.00% 0.03% 2.49x 0.00x GBX606.50K
2001 212.08% 6.03% 1.90x 18.55x GBX1.52 Million
2002 26.11% 1.44% 2.17x 8.35x GBX314.70K
2003 8.37% 1.06% 2.05x 3.87x GBX-76.90K
2004 8.84% 1.02% 2.35x 3.70x GBX-76.10K
2005 18.05% 2.10% 2.26x 3.81x GBX492.70K
2006 -78.48% -5.40% 2.54x 5.73x GBX-2.60 Million
2007 18.69% 2.80% 2.10x 3.18x GBX439.80K
2008 16.03% 3.17% 1.95x 2.60x GBX415.60K
2009 4.59% 0.90% 1.83x 2.80x GBX-370.80K
2010 14.29% 2.81% 2.24x 2.28x GBX300.70K
2011 12.52% 3.13% 1.84x 2.17x GBX218.50K
2012 12.10% 2.32% 1.87x 2.78x GBX116.80K
2013 6.28% 1.25% 1.46x 3.45x GBX-210.00K
2014 24.69% 5.19% 1.36x 3.48x GBX967.40K
2015 12.80% 2.91% 1.46x 3.01x GBX219.10K
2016 9.46% 2.02% 1.64x 2.85x GBX-44.40K
2017 15.76% 4.73% 1.58x 2.11x GBX637.20K
2018 13.07% 4.99% 1.33x 1.97x GBX381.20K
2019 14.21% 5.24% 1.48x 1.83x GBX602.90K
2020 20.82% 9.33% 1.14x 1.95x GBX1.80 Million
2021 16.83% 9.35% 1.04x 1.73x GBX1.55 Million
2022 2.52% 2.53% 0.74x 1.35x GBX-2.00 Million
2023 -5.20% -5.56% 0.68x 1.37x GBX-3.62 Million
2024 -0.25% -0.24% 0.70x 1.46x GBX-2.45 Million

Industry Comparison

This section compares Tandem Group's net assets metrics with peer companies in the Leisure industry.

Industry Context

  • Industry: Leisure
  • Average net assets among peers: $36,773,000
  • Average return on equity (ROE) among peers: 5.25%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Tandem Group (TND) GBX23.34 Million 10.84% 0.39x $1.16K
Hollywood Bowl Group PLC (BOWL) $101.64 Million 21.93% 0.57x $52.17K
Character Group (CCT) $11.74 Million 53.54% 1.99x $5.30K
Hornby PLC (HRN) $43.11 Million 3.43% 0.25x $2.37K
Brighton Pier Group PLC (PIER) $19.27 Million 21.95% 2.93x $521.72
XP Factory PLC (XPF) $8.10 Million -74.62% 0.56x $2.34K