Trainline (TRN) AI Stock Analysis

• Market Cap: $1.13B
• Dividend Yield: N/A
• Average Volume (3M): 1.24M
• Price to Earnings (P/E): 21.5
• Beta (1Y): 0.81
• Revenue Growth: 11.44%
• EPS Growth: 79.81%
• Country: UK
• Employees: 1,000
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Travel Services
• EPS (TTM): 0.06
• Shares Outstanding: 414,745,100
• 10 Day Avg. Volume: 1,199,332
• 30 Day Avg. Volume: 1,240,885
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: 1.31
• Enterprise Value/Revenue: 3.34
• Enterprise Value/Gross Profit: 4.19
• Enterprise Value/Ebitda: 14.33
• 1Y Price Target: $389.75
• Price Target Upside: 38.60% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 6

• Rating: 75 Outperform
• Price Target: 329.00p ▲(17.00% Upside)

Trainline's strong financial performance and positive technical indicators are the primary drivers of its stock score. The company's robust revenue and profitability growth, coupled with bullish market momentum, support a favorable outlook. However, the valuation is moderate, and the stock is approaching overbought levels, which could limit short-term gains.

Positive Factors

Negative Factors

Trainline Business Overview & Revenue Model

Company Description

Trainline Plc operates an independent rail and coach travel platform that sells rail and coach tickets worldwide. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom. The UK Trainline Partner Solutions segment offers travel portal platforms for corporates and travel management companies, and white label e-commerce platforms for train operating companies within the United Kingdom. The International segment provides travel apps and websites for individual travelers for journeys outside the United Kingdom. The company offers routes, fares, and journey times from 270 rail and coach carriers across 45 countries. Trainline Plc was founded in 1997 and is based in London, the United Kingdom.

How the Company Makes Money

Trainline generates revenue primarily through ticket sales and booking fees. The company earns a commission on every ticket sold via its platform, which includes both rail and coach services. Additionally, Trainline charges customers a small booking fee for certain transactions, contributing further to its income. Key revenue streams include partnerships with rail operators across Europe, which facilitate access to a wide range of travel options and promotional deals. The company also benefits from ancillary services, such as travel insurance and seat reservations, which provide additional revenue opportunities. Furthermore, Trainline has leveraged technology to enhance customer engagement and retention, driving repeat business and increasing overall sales.

Trainline Financial Statement Overview

Summary

Trainline demonstrates strong financial performance with consistent revenue and profitability growth. The company maintains a stable balance sheet with moderate leverage and robust cash flow generation. However, potential fluctuations in cash flows from investing and financing activities require attention.

Income Statement

Trainline has demonstrated strong revenue growth over the years, with revenue growing from 2021 to 2025. The gross profit margin is high at around 79.7% in 2025, indicating efficient cost management relative to revenue. The net profit margin has improved significantly, reaching approximately 13.2% in 2025, reflecting effective operational management. EBIT and EBITDA margins are also positive and improving, evidencing strong profitability trends.

Balance Sheet

The company's balance sheet reflects a solid equity base, with a debt-to-equity ratio of approximately 0.56 in 2025, suggesting moderate leverage. The equity ratio is around 42.8%, indicating a stable financial structure. Return on equity has improved, reaching about 20.6% in 2025, showcasing effective utilization of equity to generate profits.

Cash Flow

Trainline's cash flow statement highlights robust operating cash flow relative to net income, indicating strong cash generation from operations. The free cash flow has shown positive growth, and the free cash flow to net income ratio is favorable, suggesting efficient cash management. However, fluctuations in investing and financing activities warrant attention.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	442.10M	442.10M	396.72M	327.15M	188.51M	67.08M
Gross Profit	352.31M	352.31M	305.29M	211.06M	110.22M	7.48M
EBITDA	103.13M	132.16M	98.15M	68.81M	35.29M	-57.93M
Net Income	58.35M	58.35M	33.99M	21.22M	-11.90M	-91.30M
Balance Sheet
Total Assets	660.25M	660.25M	681.93M	653.17M	643.00M	592.88M
Cash, Cash Equivalents and Short-Term Investments	76.76M	76.76M	91.08M	57.34M	68.50M	36.58M
Total Debt	158.58M	158.58M	153.11M	153.54M	153.49M	269.70M
Total Liabilities	377.51M	377.51M	369.92M	362.53M	383.51M	309.38M
Stockholders Equity	282.75M	282.75M	312.02M	290.64M	259.49M	283.50M
Cash Flow
Free Cash Flow	136.76M	95.89M	81.85M	-2.02M	165.16M	-152.37M
Operating Cash Flow	138.20M	138.20M	121.73M	33.20M	194.50M	-126.03M
Investing Cash Flow	-42.67M	-42.67M	-40.75M	-35.22M	-29.34M	-26.34M
Financing Cash Flow	-106.38M	-109.08M	-45.57M	-9.33M	-132.40M	97.79M

Trainline Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 281.20
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:TRN, the sentiment is Positive. The current price of 281.2 is above the 20-day moving average (MA) of 277.86, above the 50-day MA of 272.78, and below the 200-day MA of 305.35, indicating a neutral trend. The MACD of 3.48 indicates Positive momentum. The RSI at 52.72 is Neutral, neither overbought nor oversold. The STOCH value of 22.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:TRN.

Trainline Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TRN	75 Outperform	$1.13B	21.48	19.80%	―	11.44%	79.81%
JET2	68 Neutral	2.62B	6.35	27.72%	1.21%	14.68%	11.76%
JDW	64 Neutral	726.84M	12.82	―	2.20%	3.70%	57.10%
OTB	63 Neutral	340.18M	23.07	7.12%	1.42%	-37.23%	0.76%
HSW	61 Neutral	144.46M	22.33	12.98%	0.62%	-3.82%	-51.23%
MOON	46 Neutral	715.25M	-74.58	33.36%	0.46%	2.62%	-129.82%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%

Trainline Corporate Events

Trainline Executes Share Buyback Program

Trainline has repurchased 164,593 of its ordinary shares on the London Stock Exchange as part of its share buyback program, which was authorized at the 2025 Annual General Meeting. The repurchased shares will be canceled, leaving 416,485,072 shares in issue. This move is part of Trainline’s strategy to manage its share capital and could impact shareholder calculations under the Disclosure and Transparency Rules.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Trainline Unveils £150 Million Share Buyback Program

Trainline plc has announced a £150 million share repurchase program, set to begin after the completion of its current £75 million program. This initiative, executed in two tranches with Deutsche Numis and Morgan Stanley, aligns with Trainline’s capital allocation strategy and is expected to extend beyond the next Annual General Meeting, contingent on shareholder approval.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Trainline Reports Strong H1 FY2026 Performance and Announces Enhanced Share Buyback

Trainline has reported a robust performance for the first half of FY2026, with net ticket sales increasing by 8% year-on-year to £3.2 billion and revenue growing by 2% to £235 million. The company has announced an enhanced £150 million share buyback program, reflecting strong cash generation and improved profitability guidance. The growth was driven by strong leisure travel sales in the UK, increased competition in European markets, and a significant rise in business travel sales through Trainline Solutions. The company is on track to meet the upper end of its growth guidance for the year, highlighting its strong market position and strategic focus on expanding its services across Europe.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Trainline Executes Share Buyback Program

Trainline has executed a share buyback, purchasing 165,000 of its own ordinary shares on the London Stock Exchange. This move is part of a previously announced share purchase program, and the acquired shares will be canceled, reducing the total number of shares in issue to 416,649,665. This action is in line with the authority granted by shareholders at the 2025 Annual General Meeting and complies with the Market Abuse Regulation.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.

Trainline Executes Share Buyback to Optimize Capital Structure

Trainline has repurchased 164,350 of its ordinary shares on the London Stock Exchange as part of its share purchase program. These shares will be canceled, reducing the total number of shares in issue to 416,814,665. This move is part of a strategic initiative to manage the company’s share capital and potentially enhance shareholder value.

The most recent analyst rating on (GB:TRN) stock is a Buy with a £465.00 price target. To see the full list of analyst forecasts on Trainline stock, see the GB:TRN Stock Forecast page.