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Tribal Group plc
(LSE:TRB)
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Rating:72Outperform
Price Target:
111.00 p
▲(83.77% Upside)
Action:Reiterated
Date:09/29/26
The score is driven primarily by improving profitability, a de-risked balance sheet with very low leverage, and a strong 2025 free-cash-flow rebound. Offsetting this, the stock appears technically overbought despite a strong uptrend, and the P/E (~24) suggests a relatively rich valuation even with a ~3.45% dividend yield.
Positive Factors
Improving profitability
The significant improvement in net and operating margins indicates stronger earnings conversion and better operating performance. If maintained, higher profitability can support reinvestment, resilience through demand changes, and more internally funded growth over the next several quarters.
Negative Factors
Modest and uneven revenue growth
Low-single-digit and uneven revenue growth suggests that Tribal’s earnings improvement is currently driven more by margin gains than by broad expansion. Without stronger demand, customer wins, or account growth, the pace of future profit compounding may remain constrained.
Read all positive and negative factors
Positive Factors
Negative Factors
Improving profitability
The significant improvement in net and operating margins indicates stronger earnings conversion and better operating performance. If maintained, higher profitability can support reinvestment, resilience through demand changes, and more internally funded growth over the next several quarters.
Read all positive factors
Tribal Group plc (TRB) vs. iShares MSCI United Kingdom ETF (EWC)
Market Cap
£216.19M
Dividend Yield3.42%
Average Volume (3M)553.29K
Price to Earnings (P/E)24.2
Beta (1Y)0.41
Revenue Growth6.41%
EPS Growth10.61%
CountryUK
Employees919
SectorTechnology
Sector Strength88
IndustrySoftware - Application
Share Statistics
EPS (TTM)0.04
Shares Outstanding214,180,980
10 Day Avg. Volume1,071,121
30 Day Avg. Volume553,295
Financial Highlights & Ratios
PEG Ratio0.26
Price to Book (P/B)2.40
Price to Sales (P/S)1.56
P/FCF Ratio7.45
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.05
Revenue Forecast (FY)£95.30M
Tribal Group plc Business Overview & Revenue Model
Company Description
Tribal Group plc, through its various subsidiaries, offers a comprehensive range of systems, solutions, and expert consultancy tailored specifically for the education sector. The company maintains a significant global footprint, with operations sp...
How the Company Makes Money
Tribal Group plc makes money mainly by selling and supporting education-sector software and related services. Key revenue streams typically include: (1) Software revenue, where institutions pay for the use of Tribal’s education management applicat...
Tribal Group plc Financial Statement Overview
Summary
Income Statement
78
Positive
Balance Sheet
86
Very Positive
Cash Flow
73
Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 96.14M | 92.51M | 90.01M | 85.75M | 83.58M | 81.15M |
| Gross Profit | 46.11M | 43.51M | 42.53M | 41.39M | 31.34M | 41.81M |
| EBITDA | 17.81M | 17.48M | 11.22M | 11.24M | 4.87M | 12.45M |
| Net Income | 8.93M | 8.93M | 5.49M | 5.29M | -510.00K | 6.99M |
Balance Sheet | ||||||
| Total Assets | 116.32M | 109.29M | 113.07M | 113.64M | 103.07M | 97.35M |
| Cash, Cash Equivalents and Short-Term Investments | 7.11M | 11.42M | 5.29M | 6.80M | 2.89M | 5.92M |
| Total Debt | 7.26M | 959.00K | 9.61M | 16.03M | 7.73M | 2.33M |
| Total Liabilities | 57.48M | 49.40M | 61.60M | 65.16M | 58.25M | 51.01M |
| Stockholders Equity | 58.84M | 59.90M | 51.47M | 48.48M | 44.82M | 46.34M |
Cash Flow | ||||||
| Free Cash Flow | 15.37M | 19.31M | 8.01M | -1.35M | -4.98M | 3.10M |
| Operating Cash Flow | 16.14M | 20.19M | 12.71M | 7.51M | 6.11M | 13.89M |
| Investing Cash Flow | -4.08M | -4.17M | -4.68M | -8.71M | -12.03M | -16.91M |
| Financing Cash Flow | -9.52M | -10.06M | -9.22M | 5.35M | 2.85M | -406.00K |
Tribal Group plc Technical Analysis
Positive
60.40
Price Trends
72.08
Positive
66.44
Positive
63.92
Positive
Market Momentum
9.35
Negative
81.89
Negative
86.81
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRB, the sentiment is Positive. The current price of 60.4 is below the 20-day moving average (MA) of 86.26, below the 50-day MA of 72.08, and below the 200-day MA of 63.92, indicating a bullish trend. The MACD of 9.35 indicates Negative momentum. The RSI at 81.89 is Negative, neither overbought nor oversold. The STOCH value of 86.81 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TRB.
Tribal Group plc Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | £1.40B | 35.37 | 41.45% | 2.39% | 17.39% | 24.79% | |
72 Outperform | £216.19M | 24.22 | 15.05% | 3.42% | 6.41% | 10.61% | |
68 Neutral | £213.25M | 87.41 | 5.22% | 0.75% | 19.00% | -53.85% | |
68 Neutral | £37.68M | 22.58 | 22.52% | 1.48% | 11.94% | 53.28% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
50 Neutral | £97.89M | 22.54 | 11.11% | 3.20% | -0.74% | ― |
* Technology Sector Average
GB:TRB
Tribal Group plc
101.00
40.55
67.08%
GB:KNOS
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GB:NET
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GB:RM
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GB:SKL
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Tribal Group plc Corporate Events
M&A TransactionsShareholder Meetings
Tribal Group Secures Higher £231m Offer From Main Capital Partners
Positive
Sep 28, 2026
Tribal Group has agreed improved terms for the sale of its businesses to Thames Bidco Limited, controlled by Main Capital Partners, raising the cash consideration from about £189.3m to roughly £231.2m, or 105p per share. The higher offer...
Business Operations and StrategyM&A TransactionsShareholder Meetings
Tribal Group Sets October Vote on Sale of Group Companies
Neutral
Sep 16, 2026
Tribal Group plc has circulated a formal notice convening a general meeting for shareholders to vote on the proposed sale of the entire issued share capital of its group companies. The circular, now posted and available on the company’s webs...
Business Operations and StrategyDelistings and Listing ChangesM&A Transactions
Tribal Group Agrees £189m Sale to Main Capital and Plans AIM Delisting
Positive
Sep 11, 2026
Tribal Group plc has agreed to sell all of its operating subsidiaries, including its Student Information Solutions division and Etio, to Thames Bidco Limited, a vehicle controlled by private equity investor Main Capital Partners, for approximately...
Business Operations and StrategyDividendsFinancial Disclosures
Tribal Group lifts recurring revenue and cash as cloud and SaaS strategy advances
Positive
Sep 3, 2026
Tribal Group reported solid interim results for the six months to 30 June 2026, with revenue up 7.1% to £48.9m and annual recurring revenue rising 9.7% to £66.5m on a constant currency basis. Growth was driven by higher Student Informati...
Business Operations and StrategyDividendsFinancial Disclosures
Tribal Group lifts ARR and returns to net cash ahead of interim results
Positive
Aug 4, 2026
Tribal Group plc, a UK-listed education technology specialist, delivers software and services such as student information systems, quality assurance, benchmarking and student survey platforms to institutions and public bodies in over 55 countries....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.