Trainline plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets worldwide. The company enables to search, book and manage journeys all in one place via its Trainline website and mobile appand…
Analysis
Quality compounder
Trainline plc is a quality compounder: a well-run business trading at a price that reflects what it is worth. One caution: reported profits have recently run ahead of actual cash, which we track closely.
The price is attractive. You pay 11.4× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -1% yearly growth; analysts expect 13%. The price, in other words, assumes less than the experts do.
The trajectory is tepid and the balance sheet is sturdy. The company scores 12/20 on our value-creation score: creating some value.
What to watch: A large part of the company's book value is the price paid for past acquisitions. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.
360° rank · history
1007550250
Jan 202314
17
2023202420252026
All-time high
62
Jan 2025
All-time low
14
Jan 2023
Average rank
29
across all years
Detailed & Historical Ranks
Deep dive into 15 detailed ranks and 3 years of history.
Current202520242023
Price/Sales
56
13
9
12
Price/Earnings
81
27
13
23
Price/Book
46
16
21
33
Dividend Yield
1
1
1
1
Value (overall)
56
5
1
10
Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.