Trainline PLC
LSE:TRN

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Trainline PLC
LSE:TRN
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Price: 222.4 GBX 0.63% Market Closed
Market Cap: 899.9m GBX

Relative Value

The Relative Value of one TRN stock under the Base Case scenario is 513.07 GBX. Compared to the current market price of 222.4 GBX, Trainline PLC is Undervalued by 57%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TRN Relative Value
Base Case
513.07 GBX
Undervaluation 57%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
96
vs Industry
22
Median 3Y
3.7
Median 5Y
4.3
Industry
1.4
Forward
2
vs History
63
vs Industry
27
Median 3Y
42.7
Median 5Y
23.1
Industry
20.1
Forward
10.1
vs History
79
vs Industry
41
Median 3Y
11.9
Median 5Y
10
Industry
9.5
vs History
73
vs Industry
34
Median 3Y
19.9
Median 5Y
17.9
Industry
18.2
vs History
93
vs Industry
18
Median 3Y
4.5
Median 5Y
4.9
Industry
2.1
vs History
96
vs Industry
27
Median 3Y
3.8
Median 5Y
4.4
Industry
1.9
Forward
2.1
vs History
96
vs Industry
41
Median 3Y
5
Median 5Y
5.6
Industry
3.8
vs History
73
vs Industry
36
Median 3Y
15.5
Median 5Y
14.8
Industry
10.6
Forward
5.3
vs History
63
vs Industry
36
Median 3Y
27.1
Median 5Y
14.2
Industry
16.5
Forward
7.2
vs History
79
vs Industry
48
Median 3Y
12
Median 5Y
10.2
Industry
11.3
vs History
74
vs Industry
41
Median 3Y
17.4
Median 5Y
13.8
Industry
16.3
vs History
96
vs Industry
12
Median 3Y
3.7
Median 5Y
3.9
Industry
1.3

Multiples Across Competitors

TRN Competitors Multiples
Trainline PLC Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
UK
Trainline PLC
LSE:TRN
929.4m GBP 2.1 12.7 6.1 8.4
US
Booking Holdings Inc
NASDAQ:BKNG
175.9B USD 6.8 34.9 17.9 19.1
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 42.1 263.9 145.8 177.8
MY
Grand Central Enterprises Bhd
KLSE:GCE
550.2B MYR 19 742.6 -84 235.5 -308 194 -74 175.3
US
Marriott International Inc
NASDAQ:MAR
87.5B USD 3.4 33.5 20.9 24.5
US
Airbnb Inc
NASDAQ:ABNB
85.6B USD 7.2 32.5 27.3 27.3
US
Royal Caribbean Cruises Ltd
NYSE:RCL
82.8B USD 4.8 20.4 15.8 21.6
US
Hilton Worldwide Holdings Inc
NYSE:HLT
69.5B USD 5.9 41.8 29.1 31
CN
Trip.com Group Ltd
HKEX:9961
390.2B HKD 5.9 11.2 16.8 18
US
Carnival Corp
NYSE:CCL
41.6B USD 1.6 15.7 9.2 15.1
UK
Carnival PLC
LSE:CCL
31.1B GBP 1.6 15.2 312.1 501.6
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
UK
Trainline PLC
LSE:TRN
Average EV/EBITDA: 60.1
6.1
12%
0.5
US
Booking Holdings Inc
NASDAQ:BKNG
17.9
14%
1.3
CN
H
H World Group Ltd
BMV:HTHTN
145.8
13%
11.2
MY
G
Grand Central Enterprises Bhd
KLSE:GCE
Negative Multiple: -308 194 N/A N/A
US
Marriott International Inc
NASDAQ:MAR
20.9
12%
1.7
US
Airbnb Inc
NASDAQ:ABNB
27.3
28%
1
US
Royal Caribbean Cruises Ltd
NYSE:RCL
15.8
14%
1.1
US
Hilton Worldwide Holdings Inc
NYSE:HLT
29.1
20%
1.5
CN
Trip.com Group Ltd
HKEX:9961
16.8
20%
0.8
US
Carnival Corp
NYSE:CCL
9.2
10%
0.9
UK
Carnival PLC
LSE:CCL
312.1
7%
44.6
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
UK
Trainline PLC
LSE:TRN
Average EV/EBIT: 84.4
8.4
14%
0.6
US
Booking Holdings Inc
NASDAQ:BKNG
19.1
14%
1.4
CN
H
H World Group Ltd
BMV:HTHTN
177.8
17%
10.5
MY
G
Grand Central Enterprises Bhd
KLSE:GCE
Negative Multiple: -74 175.3 N/A N/A
US
Marriott International Inc
NASDAQ:MAR
24.5
11%
2.2
US
Airbnb Inc
NASDAQ:ABNB
27.3
12%
2.3
US
Royal Caribbean Cruises Ltd
NYSE:RCL
21.6
15%
1.4
US
Hilton Worldwide Holdings Inc
NYSE:HLT
31
19%
1.6
CN
Trip.com Group Ltd
HKEX:9961
18
20%
0.9
US
Carnival Corp
NYSE:CCL
15.1
12%
1.3
UK
Carnival PLC
LSE:CCL
501.6
8%
62.7