Trainline PLC
LSE:TRN

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Trainline PLC
LSE:TRN
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Price: 241.4 GBX 1.34% Market Closed
Market Cap: £902.5m

EV/IC

2.7
Current
28%
Cheaper
vs 3-y average of 3.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.7
=
Enterprise Value
GBX813.3m
/
Invested Capital
£368.8m

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.7
=
Enterprise Value
GBX813.3m
/
Invested Capital
£368.8m

Valuation Scenarios

Trainline PLC is trading below its 3-year average

If EV/IC returns to its 3-Year Average (3.7), the stock would be worth GBX334.84 (39% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-100%
Maximum Upside
+47%
Average Downside
28%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.7 GBX241.4
0%
3-Year Average 3.7 GBX334.84
+39%
5-Year Average 3.9 GBX355.27
+47%
Industry Average 0 GBX0.48
-100%
Country Average 0 GBX0.27
-100%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
UK
Trainline PLC
LSE:TRN
902.5m GBP 2.7 13.7
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 21.4 206.7
US
Booking Holdings Inc
NASDAQ:BKNG
131.3B USD 17.4 21.4
US
Marriott International Inc
NASDAQ:MAR
96.2B USD 4.1 36.6
US
Airbnb Inc
NASDAQ:ABNB
85.8B USD 18.5 34.6
US
Hilton Worldwide Holdings Inc
NYSE:HLT
74.7B USD 6.3 50.6
US
Royal Caribbean Cruises Ltd
NYSE:RCL
71.3B USD 2.3 17
US
Carnival Corp
NYSE:CCL
36.7B USD 1.2 12.1
US
Viking Holdings Ltd
NYSE:VIK
36.5B USD 0 0
UK
Carnival PLC
LSE:CCL
26B GBP 1.2 12.5
CN
Trip.com Group Ltd
HKEX:9961
273.1B HKD 1 7.2

Market Distribution

Higher than 95% of companies in United Kingdom
Percentile
95th
Based on 2 035 companies
95th percentile
2.7
Low
0 — 0
Typical Range
0 — 0
High
0 —
Distribution Statistics
United Kingdom
Min 0
30th Percentile 0
Median 0
70th Percentile 0
Max 141.2

Trainline PLC
Glance View

Trainline PLC, a prominent name in the realm of European train and coach travel, embarked on its journey embracing the digital age with vigor. Originating as a ticketing platform in the UK, it has swiftly expanded its reach across Europe, offering a comprehensive digital solution for travelers seeking efficient rail and coach transportation. Trainline PLC operates as an aggregator, centralizing schedules, prices, and booking services for multiple train operators and bus companies. This consolidation simplifies the often complex web of transport options, providing users with a seamless booking experience. By leveraging its extensive database and partnerships, Trainline effectively streamlines the travel planning process for millions, turning a traditionally cumbersome task into a straightforward digital interaction. The company's business model is anchored in the convenience it provides to travelers, making its revenue through both booking fees and commissions from its partner companies. As travelers use Trainline's platform to purchase tickets, the company collects a small fee for each transaction, which constitutes a significant portion of its income. Additionally, by partnering with train and bus operators, Trainline earns a commission for facilitating these sales. This dual revenue stream not only ensures steady cash flow but also incentivizes Trainline to continually improve and innovate its service offerings. As travel habits evolve and digital solutions become increasingly sought after, Trainline positions itself not just as a ticket seller, but as a vital cog in the machinery of modern European travel.

TRN Intrinsic Value
227.61 GBX
Overvaluation 6%
Intrinsic Value
Price GBX241.4
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