Tribal Group plc (TRB) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Tribal Group plc stock £0.87, price £1.01, that is 13.9% below the price, quality 77 out of 100. Rating: overvalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range £0.3208 – £1.03 · fair‑value band £0.7100 – £1.14 · the £1.01 price screens above the £0.8700 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Tribal Group plc, through its subsidiaries, provides software and services to education institutions internationally. The company operates in two segments: Student Information Systems (SIS) and Etio.
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The Student Information Systems segment offers software, and subsequent maintenance and support services; and deploys and configures software solutions, asset management, software-related solutions for higher education and vocational learning, and information managed services for its customers.
The Etio segment provides inspection and review services that support the assessment of educational delivery, as well as a portfolio of performance improvement tools and services, including analytics.
It serves further and higher education institutions, employers, and school sectors, as well as work-based learning training providers. The company was founded in 1999 and is based in Sheffield, the United Kingdom.
Stock analysis
Tribal Group plc (TRB) currently trades at £1.01, while our model-based Fair Value estimate is £0.8700, 14% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of £1.17 per share, and 5 of the 22 models we run sit above the £1.01 price.
Bear case: the Economic Profit group reads lowest at £0.3500, and 17 of the 22 models stay below the price. Data coverage for this calculation is high.
Scenario range: £0.7100 (bear) to £1.14 (bull), the price of £1.01 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 77/100 (high quality), in the Technology sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Tribal Group plc reported revenue of £92.5M in FY2025 versus £81.1M in FY2021, a compound +3.3%/yr. Reported net income was £8.9M in FY2025, compounding +6.3%/yr from FY2021.
Key figures
Market cap £220M Micro · P/E ratio 25.3 · P/S ratio 2.26 · EPS (TTM) £0.0400 · Dividend yield 0.7% · Net margin 9.3% · Return on equity 15.7% · Return on assets (EBIT) 8.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 54 out of 100 (low confidence).
What moves the price
The share trades about 2% below its 52-week high and 115% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 10% fair-value upside, at −14%, TRB screens richer than that median.
Fair Value models
Bear£0.7100Fair Value £0.8700Bull£1.14
Price £1.01 · Downside -13.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (£0.0283 per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.74/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+2.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+3.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.9%
Start year 2020 (pandemic). Over 10 years: −1.4% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+7.2%
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What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+5.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+4.8%
Dividend (yield on the price)0.7%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 15%
2025 sits 65% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
⚠ Revenue per share shrinking 7.9%/yr over ~10Y (margin trend unclear) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+5.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (UK: IMF forecast 2.3% a year to 2030, 3.3% from 2016 to 2025) that is about +3.1% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Software - Application · 628 stocks
Beats the industry median on 8/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score77 · Top 25%
Fair Value upside−13.0% · Below median
Profitability
Return on equity (12 months)15.7% · Top 25%
Return on assets8.2% · Top 25%
Net margin (12 months)9.3% · Above median
Operating margin (12 months)11.7% · Above median
Growth and dividend
Revenue growth (quarter YoY)8.0% · Below median
Dividend yield (12 months)0.7% · Below median
Valuation Multiplesvs Software - Application median · lower = cheaper
P/E (12 months)25.3× · Cheaper than median
P/B3.63× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
P/S (12 months)2.26× · Cheaper than median
Price / free cash flow (fiscal year)11.3× · Cheaper than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Tribal Group plc Fair Value". https://www.fairvalue-calculator.com/stock/TRB
Frequently asked questions
Is Tribal Group plc (TRB) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of £0.8700 versus a price of £1.01, about 14% lower (overvalued).
What is the fair value of TRB?
Our model-based fair value for Tribal Group plc is £0.8700 (as of Nov 8, 2026), built from audited fundamentals. The current price: £1.01.
What is the quality score of TRB?
Tribal Group plc has a Quality Score of 77/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Tribal Group plc (TRB)?
Our model-based price target is the fair value of £0.8700 (as of Nov 8, 2026) from 22 valuation models. Cautious scenario £0.7100, optimistic scenario £1.14. It is a calculation from audited fundamentals, not an analyst target.
What is the Tribal Group plc stock forecast for 2026?
Our models put fair value at £0.8700, about 14% lower versus a price of £1.01 (overvalued). Cautious scenario £0.7100, optimistic scenario £1.14. The calculation is refreshed regularly with new filings.
What is the revenue of Tribal Group plc (TRB)?
Tribal Group plc reported trailing-twelve-month revenue of about £96.1M (latest available figure, as of Nov 8, 2026).
Does Tribal Group plc pay a dividend?
Tribal Group plc currently shows a dividend yield of 0.69% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Tribal Group plc (TRB) and when is the ex-dividend date?
Tribal Group plc pays a dividend of £0.007 per share a year, a dividend yield of 0.7%. The last ex-dividend date was Feb 26, 2026. A dividend has been paid every year since 2018. The payout ratio is 16.3% of earnings (on adjusted earnings, reported 17.5%). Free cash flow covers the dividend 12.87 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Tribal Group plc (TRB)?
For today's price to be fair in a discounted-cash-flow model, Tribal Group plc would have to grow free cash flow by +5.5 % per year for five years (discount rate 13.3 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.9 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of TRB use?
Our models discount Tribal Group plc at 13.3 %: a base by market capitalisation (micro), country premium for United Kingdom. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Tribal Group plc that is +5.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (13.3 %) and the same formula as our fair value.
How much growth has Tribal Group plc (TRB) delivered so far?
Over the past 5 years revenue at Tribal Group plc grew +4.9 % a year. The price currently implies free-cash-flow growth of +5.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Tribal Group plc (TRB) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Tribal Group plc (+5.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Tribal Group plc (TRB)?
The free-cash-flow yield on the price is 8.79 %: that much free cash flow Tribal Group plc produces per unit of market value. When it exceeds the discount rate of our models (13.3 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Tribal Group plc (TRB)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Tribal Group plc it is £0.8700 per share (as of Nov 8, 2026), against a price of £1.01. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings).
Is Tribal Group plc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, TRB trades above its calculated fair value: price £1.01, fair value £0.8700, a gap of about −14% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of TRB?
No. The price is what the market pays today (£1.01); the fair value is what the company's own numbers justify (£0.8700). For Tribal Group plc the two are £0.1400 per share apart. That gap is exactly why we show both numbers side by side.
How much is Tribal Group plc worth?
The market values Tribal Group plc at about £220M (market capitalisation, as of Nov 8, 2026). Per share that is £1.01; our models calculate a fair value of £0.8700 per share.
What do the bullish and bearish scenarios say about TRB?
Our models span a range for Tribal Group plc: cautious scenario £0.7100, base £0.8700, optimistic £1.14 per share (as of Nov 8, 2026, price £1.01). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of TRB?
Tribal Group plc trades at a price-to-earnings ratio of 25.3 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of £0.8700 is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 23.0 (reported for FY2025: 24.6). Median P/E at fiscal year-end, 7 fiscal years (2017 to 2025), reported earnings, FY2025 ex one-offs: 28.4. Other multiples: P/B 3.6, P/S 2.3, EV/EBITDA 15.9.
How solid is the balance sheet of Tribal Group plc (TRB)?
Balance-sheet figures for Tribal Group plc (as of Nov 8, 2026): return on equity 15.7%. They feed the Quality Score of 77/100, which measures business quality independently of the share price.
How far is TRB from its 52-week high?
Tribal Group plc trades at £1.01, about 2% below its 52-week high of £1.03 and 115% above the low of £0.4700 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of £0.8700 is for.
Which stocks are comparable to Tribal Group plc?
From the same area (Technology) we also value SAP SE, Salesforce, Inc, Shopify Inc, ServiceNow, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Tribal Group plc stock attractive at the current price?
The data as of Nov 8, 2026: price £1.01, calculated fair value £0.8700 (−14%), Quality Score 77/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of TRB calculated?
We run Tribal Group plc through 22 models from 7 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of £0.8700 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Tribal Group plc itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Tribal Group plc (TRB)?
The closing price on Nov 9, 2026 was £1.01. Our model-based fair value is £0.8700, about 14% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Tribal Group plc right now?
The price sits in the upper half of our model range, so the margin of safety is thin. The data supports the verdict: every model runs on fully documented inputs.
Key figures of Tribal Group plc
How large is the market capitalisation of Tribal Group plc (TRB)?
The market capitalisation of Tribal Group plc is £220M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Tribal Group plc (TRB)?
The price-to-sales ratio of Tribal Group plc is 2.26 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Tribal Group plc (TRB)?
Earnings per share at Tribal Group plc are £0.0400 (price ÷ EPS = P/E 25.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Tribal Group plc (TRB)?
The dividend yield of Tribal Group plc is 0.7% (payout 16.3%, on adjusted earnings, reported 17.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Tribal Group plc (TRB)?
The net margin of Tribal Group plc is 9.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Tribal Group plc (TRB)?
The return on equity (ROE) of Tribal Group plc is 15.7% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Tribal Group plc (TRB)?
On an EBIT basis the return on assets of Tribal Group plc is 8.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Tribal Group plc (TRB)?
The operating margin of Tribal Group plc is 11.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Tribal Group plc (TRB)?
Revenue at Tribal Group plc is growing +8.0% versus a year earlier (3y avg +3.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net cash does Tribal Group plc (TRB) hold?
Tribal Group plc holds more cash than debt, £10.5M net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
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Broad data
Nov 8, 2026