Tandem Group (TND) - Net Assets

Latest as of June 2025: GBX23.34 Million GBX ≈ $2.84K USD

Based on the latest financial reports, Tandem Group (TND) has net assets worth GBX23.34 Million GBX (≈ $2.84K USD) 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 ≈ $3.96K USD) and total liabilities (GBX9.20 Million ≈ $1.12K USD). 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. Check financial resilience of Tandem Group to evaluate the company's liquid asset resilience ratio.

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. Also explore Tandem Group asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Tandem Group (1986–2024)

The table below shows the annual net assets of Tandem Group from 1986 to 2024. For live valuation and market cap data, see TND stock market capitalisation.

Year	Net Assets	Change
2024-12-31	GBX23.91 Million ≈ $2.91K	+0.44%
2023-12-31	GBX23.81 Million ≈ $2.90K	-11.11%
2022-12-31	GBX26.79 Million ≈ $3.26K	+17.81%
2021-12-31	GBX22.74 Million ≈ $2.77K	+36.92%
2020-12-31	GBX16.61 Million ≈ $2.02K	+16.05%
2019-12-31	GBX14.31 Million ≈ $1.74K	+15.34%
2018-12-31	GBX12.41 Million ≈ $1.51K	+12.11%
2017-12-31	GBX11.07 Million ≈ $1.35K	+34.75%
2016-12-31	GBX8.21 Million ≈ $999.41	+5.05%
2015-12-31	GBX7.82 Million ≈ $951.35	+18.72%
2014-12-31	GBX6.59 Million ≈ $801.33	+16.77%
2013-12-31	GBX5.64 Million ≈ $686.22	+1.40%
2012-12-31	GBX5.56 Million ≈ $676.73	-9.53%
2011-12-31	GBX6.15 Million ≈ $748.03	-29.05%
2011-01-31	GBX8.66 Million ≈ $1.05K	+23.73%
2010-01-31	GBX7.00 Million ≈ $852.06	+2.11%
2009-01-31	GBX6.86 Million ≈ $834.42	-0.52%
2008-01-31	GBX6.89 Million ≈ $838.80	+36.19%
2007-01-31	GBX5.06 Million ≈ $615.90	+72.06%
2006-01-31	GBX2.94 Million ≈ $357.96	-51.95%
2005-01-31	GBX6.12 Million ≈ $744.99	-16.12%
2004-01-31	GBX7.30 Million ≈ $888.20	+34.41%
2003-01-31	GBX5.43 Million ≈ $660.80	+75.65%
2002-01-31	GBX3.09 Million ≈ $376.21	+63.34%
2001-01-31	GBX1.89 Million ≈ $230.32	+139.26%
2000-01-31	GBX-4.82 Million ≈ $-586.70	+1.45%
1999-01-31	GBX-4.89 Million ≈ $-595.34	-629.55%
1998-01-31	GBX924.00K ≈ $112.42	-70.67%
1997-01-31	GBX3.15 Million ≈ $383.26	-58.02%
1996-01-31	GBX7.50 Million ≈ $912.90	-0.85%
1995-01-31	GBX7.57 Million ≈ $920.69	+9.52%
1994-01-31	GBX6.91 Million ≈ $840.63	+102.61%
1993-01-31	GBX3.41 Million ≈ $414.90	-57.98%
1992-01-31	GBX8.12 Million ≈ $987.36	-28.93%
1990-09-30	GBX11.42 Million ≈ $1.39K	-2.08%
1989-09-30	GBX11.66 Million ≈ $1.42K	-1.69%
1988-09-30	GBX11.86 Million ≈ $1.44K	+3.72%
1987-09-30	GBX11.44 Million ≈ $1.39K	+104.84%
1986-09-30	GBX5.58 Million ≈ $679.29	--

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
Shearwater Group plc LSE:SWG	$115.38K
Dosni Roha Indonesia Tbk PT JK:ZBRA	$117.43K
Sound Energy PLC LSE:SOU	$118.07K
Nanoco Group plc LSE:NANO	$118.20K
BSR Real Estate Investment Trust TO:HOM-UN	$113.87K
AYURCANN HOLDINGS CORP. F:3ZQ0	$113.81K
Croma Security Solutions Group Plc LSE:CSSG	$113.08K
Celadon Pharmaceuticals PLC LSE:CEL	$112.25K

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: 38.90x
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 159.89x to 38.90x 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	GBX170.00	x
1986-09-30	GBX44.13	GBX170.00	x
1987-09-30	GBX65.20	GBX170.00	x
1988-09-30	GBX52.50	GBX170.00	x
1989-09-30	GBX49.88	GBX170.00	x
1990-09-30	GBX46.26	GBX170.00	x
1993-01-31	GBX13.66	GBX170.00	x
1994-01-31	GBX11.75	GBX170.00	x
1995-01-31	GBX10.10	GBX170.00	x
1996-01-31	GBX7.42	GBX170.00	x
1997-01-31	GBX1.44	GBX170.00	x
1998-01-31	GBX-0.09	GBX170.00	x
1999-01-31	GBX-3.97	GBX170.00	x
2000-01-31	GBX-3.99	GBX170.00	x
2001-01-31	GBX0.35	GBX170.00	x
2002-01-31	GBX0.40	GBX170.00	x
2003-01-31	GBX1.18	GBX170.00	x
2004-01-31	GBX1.15	GBX170.00	x
2005-01-31	GBX1.00	GBX170.00	x
2006-01-31	GBX0.49	GBX170.00	x
2007-01-31	GBX0.84	GBX170.00	x
2008-01-31	GBX1.13	GBX170.00	x
2009-01-31	GBX1.17	GBX170.00	x
2010-01-31	GBX1.24	GBX170.00	x
2011-01-31	GBX1.52	GBX170.00	x
2012-12-31	GBX1.19	GBX170.00	x
2013-12-31	GBX1.20	GBX170.00	x
2014-12-31	GBX1.38	GBX170.00	x
2015-12-31	GBX1.58	GBX170.00	x
2016-12-31	GBX1.66	GBX170.00	x
2017-12-31	GBX2.21	GBX170.00	x
2018-12-31	GBX2.46	GBX170.00	x
2019-12-31	GBX2.78	GBX170.00	x
2020-12-31	GBX3.11	GBX170.00	x
2021-12-31	GBX4.17	GBX170.00	x
2022-12-31	GBX4.89	GBX170.00	x
2023-12-31	GBX4.35	GBX170.00	x
2024-12-31	GBX4.37	GBX170.00	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: $32,416,125
Average return on equity (ROE) among peers: -5.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Tandem Group (TND)	GBX23.34 Million	10.84%	0.39x	$114.13K
Hollywood Bowl Group PLC (BOWL)	$21.40 Million	0.00%	1.10x	$5.18 Million
Character Group (CCT)	$196.00K	52.04%	13.10x	$527.65K
Games Workshop Group PLC (GAW)	$51.52 Million	23.79%	0.31x	$80.52 Million
The GYM Group PLC (GYM)	$128.00 Million	-6.56%	3.46x	$3.73 Million
Hornby PLC (HRN)	$974.00K	27.82%	7.55x	$13.31K
Brighton Pier Group PLC (PIER)	$3.93 Million	-146.93%	1.91x	$52.17K
Focusrite Plc (TUNE)	$32.88 Million	26.01%	0.27x	$1.40 Million
XP Factory PLC (XPF)	$20.42 Million	-20.22%	0.07x	$325.00K

About Tandem Group

LSE:TND UK Leisure

Market Cap

$114.13K

GBX938.01 Million GBX

Market Cap Rank

#30946 Global

#1089 in UK

Share Price

GBX170.00

Change (1 day)

+0.00%

52-Week Range

GBX157.50 - GBX218.00

All Time High

GBX652.15