Added to YB: 2026-01-05
Pitch date: 2026-01-01
TRN.L [bullish]
Trainline plc
-2.06%
current return
Author Info
Company Info
Trainline plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets worldwide.
Market Cap
GBP 867.2M
Pitch Price
GBP 2.23
Price Target
3.38 (+57%)
Dividend
N/A
EV/EBITDA
7.82
P/E
13.34
EV/Sales
2.18
Sector
Hotels, Restaurants and Leisure
Category
value
Trainline plc - $TRN.L
TRN.L: UK/EU rail ticket platform trading at £2.20 vs £3.38 DCF value. Dominant app w/ 270+ carriers across 40 countries. Bull case: EU rail liberalization expanding market, scalable Platform One tech, strong moat. Bear case: UK regulatory risk (Great British Railways threat), commission cuts (5% to 4.5%), contactless payment displacement. 4-6% growth est.
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