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 1,324 752.2 - -
Change - -60.66% 22.97% 18.94% -7.1% -43.18% - -
Enterprise Value (EV) 1 2,718 1,065 1,299 1,489 1,407 894.7 881.1 801.5
Change - -60.82% 21.96% 14.67% -5.49% -36.42% -1.52% -9.04%
P/E ratio -27.1x -81.8x 57.1x 43.7x 24.2x 10.6x 10.2x 9.6x
PBR 8.77x 3.75x 4.16x 4.63x 5x 3.48x 3.31x 2.61x
PEG - 0.9x -0x 0.8x 0.3x 0.2x 2.56x 1.5x
Capitalization / Revenue 36.9x 5.17x 3.66x 3.59x 2.99x 1.68x 1.62x 1.54x
EV / Revenue 40.5x 5.65x 3.97x 3.75x 3.18x 1.99x 1.9x 1.65x
EV / EBITDA -109x 27.3x 15.1x 12.2x 8.84x 5.07x 4.91x 4.33x
EV / EBIT -41.1x -302x 28.9x 18.5x 12.1x 6.78x 6.76x 5.84x
EV / FCF -18.4x 6.42x 167x 17.6x 14.5x 8.81x 8.14x 6.75x
FCF Yield -5.42% 15.6% 0.6% 5.69% 6.92% 11.4% 12.3% 14.8%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -0.191 -0.0249 0.0448 0.0709 0.1266 0.1849 0.1923 0.2046
Distribution rate - - - - - - - -
Net sales 1 67.08 188.5 327.1 396.7 442.1 449 464.5 487.2
EBITDA 1 -24.9 39.05 86.1 122.1 159.1 176.6 179.4 185.3
EBIT 1 -66.1 -3.53 44.93 80.47 116 131.9 130.4 137.3
Net income 1 -91.3 -11.9 21.22 33.99 58.35 77.6 76.34 81.13
Net Debt 1 241 90.32 100.4 63.94 83.4 142.5 129 49.3
Reference price 2 5.175 2.036 2.557 3.096 3.066 1.964 1.964 1.964
Nbr of stocks (in thousands) 478,581 478,581 468,581 460,309 431,795 382,982 - -
Announcement Date 06/05/21 05/05/22 04/05/23 03/05/24 07/05/25 - - -
1GBP in Million2GBP
Estimates

P/E ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.62x1.99x5.07x-.--% 1.02B
24.67x4.98x13.49x0.93% 133B
8.44x3.26x10.68x0.5% 36.68B
12.5x1.52x6.12x0.96% 24.56B
15.86x1.96x7.9x1.26% 6.63B
173.06x5.21x30.91x-.--% 5.38B
13.91x0.82x4.83x3.5% 2.08B
49.45x1.6x8.71x0.25% 1.79B
58.86x5.5x36.79x-.--% 1.68B
838.33x4.68x12.99x - 1.39B
Average 120.57x 3.15x 13.75x 0.82% 21.46B
Weighted average by Cap. 29.51x 4.12x 12.44x 0.85%

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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