Added to YB: 2026-02-20
Pitch date: 2026-02-18
TRN.L [bullish]
Trainline plc
+2.32%
current return
Author Info
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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 752.2M
Pitch Price
GBP 1.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
6.89
P/E
11.89
EV/Sales
1.92
Sector
Hotels, Restaurants and Leisure
Category
growth
Trainline ticker LON:TRN
TRN.L: UK's #1 rail aggregator (60% share) w/ wide moat from superior UX & tech vs GBR/competitors. Railways Act 2026 mandates GBR support 'thriving independent retailers' monitored by ORR watchdog. Liberalised EU rail (Spain +400% passengers since 2020) driving growth; TRN #1 in Spain/Italy/France. 7.5x P/E, 4.7x P/FCF, 20% buyback underway. Growing rev/FCF/profit, 10-13% profit growth guidance FY26.
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