Tribal Group plc
Tribal Group plc, through its subsidiaries, provides software and services to education institutions worldwide. The company operates in two segments, Student Information Systems (SIS) and Etio. The Student Information Systems segment offers software, and maintenance and support services; and deploys and configures software solutions, asset management, and information managed services for its cust… Read more
Tribal Group plc (TRB) - Net Assets
Latest net assets as of June 2025: GBX54.96 Million GBX
Based on the latest financial reports, Tribal Group plc (TRB) has net assets worth GBX54.96 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 (GBX107.09 Million) and total liabilities (GBX52.14 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 | GBX54.96 Million |
| % of Total Assets | 51.32% |
| Annual Growth Rate | 16.63% |
| 5-Year Change | 34.66% |
| 10-Year Change | 735.49% |
| Growth Volatility | 633.85 |
Tribal Group plc - Net Assets Trend (2000–2024)
This chart illustrates how Tribal Group plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tribal Group plc (2000–2024)
The table below shows the annual net assets of Tribal Group plc from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX51.47 Million | +6.17% |
| 2023-12-31 | GBX48.48 Million | +8.16% |
| 2022-12-31 | GBX44.82 Million | -3.28% |
| 2021-12-31 | GBX46.34 Million | +21.25% |
| 2020-12-31 | GBX38.22 Million | +22.03% |
| 2019-12-31 | GBX31.32 Million | -11.71% |
| 2018-12-31 | GBX35.47 Million | +8.98% |
| 2017-12-31 | GBX32.55 Million | +18.41% |
| 2016-12-31 | GBX27.49 Million | +346.27% |
| 2015-12-31 | GBX6.16 Million | -88.73% |
| 2014-12-31 | GBX54.65 Million | -19.91% |
| 2013-12-31 | GBX68.23 Million | +21.96% |
| 2012-12-31 | GBX55.94 Million | +21.91% |
| 2011-12-31 | GBX45.89 Million | -34.22% |
| 2010-12-31 | GBX69.75 Million | -48.90% |
| 2009-12-31 | GBX136.52 Million | -30.14% |
| 2008-12-31 | GBX195.40 Million | +7.81% |
| 2007-12-31 | GBX181.24 Million | +14.54% |
| 2007-03-31 | GBX158.23 Million | -2.37% |
| 2006-03-31 | GBX162.07 Million | +0.41% |
| 2005-03-31 | GBX161.41 Million | +2.72% |
| 2004-03-31 | GBX157.15 Million | +37.32% |
| 2003-03-31 | GBX114.44 Million | +34.96% |
| 2002-03-31 | GBX84.80 Million | +122.77% |
| 2001-03-31 | GBX38.06 Million | +3230.27% |
| 2000-03-31 | GBX1.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tribal Group plc'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 1151800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX11.40 Million | 22.16% |
| Common Stock | GBX10.69 Million | 20.78% |
| Other Comprehensive Income | GBX18.18 Million | 35.33% |
| Other Components | GBX11.19 Million | 21.74% |
| Total Equity | GBX51.47 Million | 100.00% |
Tribal Group plc Competitors by Market Cap
The table below lists competitors of Tribal Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samara Asset Group
F:SRAG
|
$18.78K |
|
NuRAN Wireless Inc
PINK:NRRWF
|
$18.78K |
|
Coplus Inc.
TW:2254
|
$18.83K |
|
Jammin Java Corp
PINK:JAMN
|
$18.84K |
|
ALPA4F
SA:ALPA4F
|
$18.76K |
|
Jacksam Corporation
PINK:JKSM
|
$18.74K |
|
artec technologies AG
F:A6T
|
$18.73K |
|
ARTEC TECHNOLOGIES - Dusseldorf Stock Exchang
DU:A6T
|
$18.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tribal Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,475,000 to 51,466,000, a change of 2,991,000 (6.2%).
- Net income of 5,488,000 contributed positively to equity growth.
- Dividend payments of 1,389,000 reduced retained earnings.
- New share issuances of 82,000 increased equity.
- Other comprehensive income increased equity by 394,000.
- Other factors decreased equity by 1,584,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX5.49 Million | +10.66% |
| Dividends Paid | GBX1.39 Million | -2.7% |
| Share Issuances | GBX82.00K | +0.16% |
| Other Comprehensive Income | GBX394.00K | +0.77% |
| Other Changes | GBX-1.58 Million | -3.08% |
| Total Change | GBX- | 6.17% |
Book Value vs Market Value Analysis
This analysis compares Tribal Group plc'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: 245.56x
- 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 2439.82x to 245.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-03-31 | GBX0.02 | GBX58.50 | x |
| 2001-03-31 | GBX0.80 | GBX58.50 | x |
| 2002-03-31 | GBX1.35 | GBX58.50 | x |
| 2003-03-31 | GBX1.44 | GBX58.50 | x |
| 2004-03-31 | GBX1.67 | GBX58.50 | x |
| 2005-03-31 | GBX1.46 | GBX58.50 | x |
| 2006-03-31 | GBX1.43 | GBX58.50 | x |
| 2007-03-31 | GBX1.37 | GBX58.50 | x |
| 2007-12-31 | GBX0.92 | GBX58.50 | x |
| 2008-12-31 | GBX1.61 | GBX58.50 | x |
| 2009-12-31 | GBX1.08 | GBX58.50 | x |
| 2010-12-31 | GBX0.54 | GBX58.50 | x |
| 2011-12-31 | GBX0.35 | GBX58.50 | x |
| 2012-12-31 | GBX0.43 | GBX58.50 | x |
| 2013-12-31 | GBX0.52 | GBX58.50 | x |
| 2014-12-31 | GBX0.42 | GBX58.50 | x |
| 2015-12-31 | GBX0.05 | GBX58.50 | x |
| 2016-12-31 | GBX0.16 | GBX58.50 | x |
| 2017-12-31 | GBX0.16 | GBX58.50 | x |
| 2018-12-31 | GBX0.17 | GBX58.50 | x |
| 2019-12-31 | GBX0.16 | GBX58.50 | x |
| 2020-12-31 | GBX0.18 | GBX58.50 | x |
| 2021-12-31 | GBX0.22 | GBX58.50 | x |
| 2022-12-31 | GBX0.21 | GBX58.50 | x |
| 2023-12-31 | GBX0.22 | GBX58.50 | x |
| 2024-12-31 | GBX0.24 | GBX58.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tribal Group plc 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): 10.66%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.10%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.20x
- Recent ROE (10.66%) is above the historical average (-33.37%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | -10.06% | 0.00% | 0.00x | 9.51x | GBX-229.30K |
| 2001 | 0.13% | 0.29% | 0.31x | 1.46x | GBX-3.76 Million |
| 2002 | 3.34% | 6.20% | 0.30x | 1.77x | GBX-5.65 Million |
| 2003 | 2.74% | 2.95% | 0.50x | 1.86x | GBX-8.25 Million |
| 2004 | -0.62% | -0.52% | 0.63x | 1.90x | GBX-16.56 Million |
| 2005 | 2.04% | 1.81% | 0.57x | 1.98x | GBX-12.70 Million |
| 2006 | 7.80% | 5.84% | 0.62x | 2.15x | GBX-3.54 Million |
| 2007 | -5.99% | -4.83% | 0.55x | 2.27x | GBX-25.04 Million |
| 2008 | 6.94% | 5.93% | 0.73x | 1.60x | GBX-5.91 Million |
| 2009 | -42.05% | -29.64% | 0.77x | 1.84x | GBX-71.05 Million |
| 2010 | -89.03% | -59.66% | 0.62x | 2.39x | GBX-69.08 Million |
| 2011 | -48.90% | -20.73% | 0.96x | 2.46x | GBX-27.03 Million |
| 2012 | 17.38% | 8.43% | 0.91x | 2.26x | GBX4.13 Million |
| 2013 | 16.95% | 9.22% | 0.91x | 2.03x | GBX4.74 Million |
| 2014 | -14.54% | -6.42% | 0.85x | 2.65x | GBX-13.41 Million |
| 2015 | -738.90% | -42.65% | 1.19x | 14.58x | GBX-46.13 Million |
| 2016 | -4.21% | -1.28% | 1.26x | 2.60x | GBX-3.91 Million |
| 2017 | 8.05% | 3.08% | 1.15x | 2.26x | GBX-636.20K |
| 2018 | 11.69% | 5.18% | 1.06x | 2.13x | GBX599.60K |
| 2019 | -9.46% | -3.79% | 0.90x | 2.77x | GBX-6.09 Million |
| 2020 | 16.90% | 8.72% | 0.86x | 2.26x | GBX2.59 Million |
| 2021 | 15.09% | 8.62% | 0.83x | 2.10x | GBX2.36 Million |
| 2022 | -1.14% | -0.61% | 0.81x | 2.30x | GBX-4.99 Million |
| 2023 | 10.92% | 6.17% | 0.75x | 2.34x | GBX446.50K |
| 2024 | 10.66% | 6.10% | 0.80x | 2.20x | GBX341.40K |
Industry Comparison
This section compares Tribal Group plc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $32,724,311
- Average return on equity (ROE) among peers: -3.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tribal Group plc (TRB) | GBX54.96 Million | -10.06% | 0.95x | $18.77K |
| 4Global PLC (4GBL) | $3.47 Million | 11.07% | 0.37x | $721.22 |
| AdvancedAdvT Ltd (ADVT) | $152.14 Million | 8.06% | 0.18x | $26.56K |
| AIQ Ltd (AIQ) | $685.74K | -174.25% | 0.61x | $315.18 |
| Alfa Financial Software Holdings PLC (ALFA) | $60.23 Million | 33.70% | 0.59x | $67.16K |
| Altitude Group Plc (ALT) | $1.29 Million | 0.00% | 5.34x | $2.09K |
| Anemoi International Ltd (AMOI) | $4.08 Million | -21.99% | 0.20x | $286.61 |
| ActiveOps PLC (AOM) | $1.06 Million | 109.06% | 6.53x | $23.73K |
| Aptitude Software Group PLC (APTD) | $61.02 Million | 4.31% | 0.35x | $15.82K |
| Arcontech Group Plc (ARC) | $2.80 Million | -32.58% | 0.27x | $1.33K |
| Big Technologies PLC (BIG) | $40.46 Million | 27.57% | 0.21x | $38.30K |