Company Valuation: Trainline plc

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026 2027 2028
Capitalization 1 2,477 974.4 1,198 1,425 1,324 769 - -
Change - -60.66% 22.97% 18.94% -7.1% -41.91% - -
Enterprise Value (EV) 1 2,718 1,065 1,299 1,489 1,407 942.9 960.4 871.1
Change - -60.82% 21.96% 14.67% -5.49% -33% 3.87% -9.29%
P/E ratio -27.1x -81.8x 57.1x 43.7x 24.2x 10.2x 10.2x 9.19x
PBR 8.77x 3.75x 4.16x 4.63x 5x 3.99x 3.64x 2.8x
PEG - 0.9x -0x 0.8x 0.3x 0.2x 1x 0.8x
Capitalization / Revenue 36.9x 5.17x 3.66x 3.59x 2.99x 1.64x 1.72x 1.66x
EV / Revenue 40.5x 5.65x 3.97x 3.75x 3.18x 2.08x 2.15x 1.88x
EV / EBITDA -109x 27.3x 15.1x 12.2x 8.84x 5.34x 5.27x 4.67x
EV / EBIT -41.1x -302x 28.9x 18.5x 12.1x 6.94x 7.08x 6.3x
EV / FCF -18.4x 6.42x 167x 17.6x 14.5x 9.78x 11.5x 6.9x
FCF Yield -5.42% 15.6% 0.6% 5.69% 6.92% 10.2% 8.71% 14.5%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.191 -0.0249 0.0448 0.0709 0.1266 0.1913 0.2062 0.2298
Distribution rate - - - - - - - -
Net sales 1 67.08 188.5 327.1 396.7 442.1 452.7 446.8 463.6
EBITDA 1 -24.9 39.05 86.1 122.1 159.1 176.6 182.3 186.7
EBIT 1 -66.1 -3.53 44.93 80.47 116 135.8 135.6 138.3
Net income 1 -91.3 -11.9 21.22 33.99 58.35 79.81 76.22 79.52
Net Debt 1 241 90.32 100.4 63.94 83.4 202.2 191.4 102.1
Reference price 2 5.175 2.036 2.557 3.096 3.066 2.112 2.112 2.112
Nbr of stocks (in thousands) 478,581 478,581 468,581 460,309 431,795 364,109 - -
Announcement Date 06/05/21 05/05/22 04/05/23 03/05/24 07/05/25 06/05/26 - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.24x2.04x5.2x-.--% 1.03B
14.78x4.04x10.86x1.09% 120B
13.5x2.09x7.07x0.71% 31.66B
13.7x1.53x6.1x0.86% 26.07B
10.39x1.1x4.25x2.06% 5.11B
116.24x4.18x24.76x-.--% 4.1B
11.11x0.59x3.52x4.32% 1.55B
62.5x1.53x8.13x2.33% 1.53B
51.12x4.49x30.9x-.--% 1.31B
16.54x0.66x3.98x-.--% 1.12B
Average 32.11x 2.23x 10.48x 1.14% 19.32B
Weighted average by Cap. 17.05x 3.24x 9.70x 1.01%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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