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Added to YB: 2026-01-08

Pitch date: 2025-12-30

TRN.L [bullish]

Trainline plc

-4.74%

current return

Author Info

No bio for this author

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 858.5M

Pitch Price

GBP 2.32

Price Target

N/A

Dividend

N/A

EV/EBITDA

7.75

P/E

13.21

EV/Sales

2.16

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Szew Invest Annual Update 2025 - Trainline plc

TRN.L (added to position): Leading EU rail/bus ticket platform w/ 27M users, down 50% on UK rail reform fears. B2B unit 'Trainline Solutions' drives majority EBITDA at 50%+ margins vs 40% overall. Consumer ticket sales +8%, B2B +18% despite flat revenue from take rate cuts. Trades 8x EV/EBIT, 9x EV/FCF. Aggressive buybacks: 15% repurchased, new 17% program launched.

Read full article (2 min)