Tribal Group plc (TRB) - Net Assets

Latest as of June 2025: GBX54.96 Million GBX ≈ $6.69K USD

Based on the latest financial reports, Tribal Group plc (TRB) has net assets worth GBX54.96 Million GBX (≈ $6.69K USD) 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 ≈ $13.03K USD) and total liabilities (GBX52.14 Million ≈ $6.34K 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 TRB asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Tribal Group plc (TRB) total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Tribal Group plc market capitalisation.

Year Net Assets Change
2024-12-31 GBX51.47 Million
≈ $6.26K		 +6.17%
2023-12-31 GBX48.48 Million
≈ $5.90K		 +8.16%
2022-12-31 GBX44.82 Million
≈ $5.45K		 -3.28%
2021-12-31 GBX46.34 Million
≈ $5.64K		 +21.25%
2020-12-31 GBX38.22 Million
≈ $4.65K		 +22.03%
2019-12-31 GBX31.32 Million
≈ $3.81K		 -11.71%
2018-12-31 GBX35.47 Million
≈ $4.32K		 +8.98%
2017-12-31 GBX32.55 Million
≈ $3.96K		 +18.41%
2016-12-31 GBX27.49 Million
≈ $3.34K		 +346.27%
2015-12-31 GBX6.16 Million
≈ $749.49		 -88.73%
2014-12-31 GBX54.65 Million
≈ $6.65K		 -19.91%
2013-12-31 GBX68.23 Million
≈ $8.30K		 +21.96%
2012-12-31 GBX55.94 Million
≈ $6.81K		 +21.91%
2011-12-31 GBX45.89 Million
≈ $5.58K		 -34.22%
2010-12-31 GBX69.75 Million
≈ $8.49K		 -48.90%
2009-12-31 GBX136.52 Million
≈ $16.61K		 -30.14%
2008-12-31 GBX195.40 Million
≈ $23.77K		 +7.81%
2007-12-31 GBX181.24 Million
≈ $22.05K		 +14.54%
2007-03-31 GBX158.23 Million
≈ $19.25K		 -2.37%
2006-03-31 GBX162.07 Million
≈ $19.72K		 +0.41%
2005-03-31 GBX161.41 Million
≈ $19.64K		 +2.72%
2004-03-31 GBX157.15 Million
≈ $19.12K		 +37.32%
2003-03-31 GBX114.44 Million
≈ $13.92K		 +34.96%
2002-03-31 GBX84.80 Million
≈ $10.32K		 +122.77%
2001-03-31 GBX38.06 Million
≈ $4.63K		 +3230.27%
2000-03-31 GBX1.14 Million
≈ $139.07		 --

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
Xaar plc
LSE:XAR
 $1.32 Million
LIQUID AVATAR TECHNO.INC.
F:4T5
 $1.33 Million
Personal Group Holdings PLC
LSE:PGH
 $1.33 Million
Wheeler Real Estate Investment Trust Inc
NASDAQ:WHLR
 $1.33 Million
MUZHU MINING LTD
F:Y33
 $1.32 Million
Mingteng International Corporation Inc. Ordinary Shares
NASDAQ:MTEN
 $1.31 Million
Margaret Lake Diamonds Inc
V:DIA
 $1.31 Million
KlickOwn AG
STU:ILK1
 $1.31 Million

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: 212.40x
  • 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 2110.34x to 212.40x 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 GBX50.60 x
2001-03-31 GBX0.80 GBX50.60 x
2002-03-31 GBX1.35 GBX50.60 x
2003-03-31 GBX1.44 GBX50.60 x
2004-03-31 GBX1.67 GBX50.60 x
2005-03-31 GBX1.46 GBX50.60 x
2006-03-31 GBX1.43 GBX50.60 x
2007-03-31 GBX1.37 GBX50.60 x
2007-12-31 GBX0.92 GBX50.60 x
2008-12-31 GBX1.61 GBX50.60 x
2009-12-31 GBX1.08 GBX50.60 x
2010-12-31 GBX0.54 GBX50.60 x
2011-12-31 GBX0.35 GBX50.60 x
2012-12-31 GBX0.43 GBX50.60 x
2013-12-31 GBX0.52 GBX50.60 x
2014-12-31 GBX0.42 GBX50.60 x
2015-12-31 GBX0.05 GBX50.60 x
2016-12-31 GBX0.16 GBX50.60 x
2017-12-31 GBX0.16 GBX50.60 x
2018-12-31 GBX0.17 GBX50.60 x
2019-12-31 GBX0.16 GBX50.60 x
2020-12-31 GBX0.18 GBX50.60 x
2021-12-31 GBX0.22 GBX50.60 x
2022-12-31 GBX0.21 GBX50.60 x
2023-12-31 GBX0.22 GBX50.60 x
2024-12-31 GBX0.24 GBX50.60 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: $18,614,840
  • Average return on equity (ROE) among peers: 1.20%

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 $1.32 Million
Accesso Technology Group PLC (ACSO) $19.82 Million 20.40% 0.08x $1.23 Million
AdvancedAdvT Ltd (ADVT) $121.66 Million -6.34% 0.01x $2.64 Million
AIQ Ltd (AIQ) $685.74K -174.25% 0.61x $51.22K
Alfa Financial Software Holdings PLC (ALFA) $43.40 Million 44.24% 0.94x $5.45 Million
Altitude Group Plc (ALT) $4.98 Million 10.13% 0.78x $192.30K
Anemoi International Ltd (AMOI) $3.54 Million -13.07% 0.07x $28.66K
ActiveOps PLC (AOM) $10.51 Million 85.55% 1.80x $1.76 Million
Aptitude Software Group PLC (APTD) $14.56 Million 23.98% 1.52x $1.52 Million
Arcontech Group Plc (ARC) $5.70 Million 21.35% 0.41x $126.10K
Auction Technology Group PLC (ATG) $-38.71 Million 0.00% 0.00x $5.12 Million

About Tribal Group plc

LSE:TRB UK Software - Application
Market Cap
$1.32 Million
GBX10.84 Billion GBX
Market Cap Rank
#30036 Global
#749 in UK
Share Price
GBX50.60
Change (1 day)
+0.00%
52-Week Range
GBX38.20 - GBX74.00
All Time High
GBX105.08
Categories
Companies in UK Software - Application Technology AI & Machine Learning
About

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