Train Alliance AB (publ) Class B

Train Alliance AB (publ) Class B

SSTO:TRAIN_B
5.54
SEK
-0.16
(-2.81%)
0.87EPS
23.41P/E
1.61BMarket Cap
Train Alliance AB (publ) Class B
STO:TRAIN_B
(Nasdaq Stockholm)

Recent

price

5.54

P/E

ratio

23.41

div

yld

- -

ROIC.AI

2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SEK
0.42
0.17
0.53
0.71
1.68
1.78
2.1
3.28
2.83
2.84
Revenue per Share
0.15
0.15
0.24
0.37
0.26
1.47
0.47
0.35
-1.33
0.87
Basic EPS, GAAP
-1.54
-1.93
-3.15
-4.86
-6
-3.86
-1.38
2.51
-3.15
-0.91
Free Cash Flow per Basic Share
0.12
0.12
0.12
- -
- -
- -
2.09
0.23
- -
- -
Dividend per Share
6.75
6.78
7.67
13.95
15.03
18.1
16.48
16.61
13.75
14.75
Book Value per Share
6.75
6.78
7.67
13.95
15.03
18.1
16.48
16.61
13.75
14.75
Tangible Book Value per Share
48
48
48
44
75
79
79
79
79
79
Basic Weighted Avg Shares
20
8
25
32
125
141
166
260
224
225
Sales/Revenue/Turnover
82.16
183.14
77.15
89.01
20.41
85.63
23.42
14.15
-0.24
38.99
Operating Margin (%)
6
6
6
8
12
17
16
14
16
15
Depreciation Expense
7
7
12
17
19
117
37
28
-105
69
Net Income, GAAP
28.69
20.22
7.73
17.11
3.05
0.35
- -
22.57
- -
8.7
Effective Tax Rate (%)
36.08
86.66
45.94
52.68
15.5
82.57
22.2
10.82
-46.88
30.66
Profit Margin (%)
-29
-24
-81
6
143
640
606
532
383
483
Working Capital
107
97
135
168
177
83
331
322
683
579
LT Debt
326
328
371
759
1,316
1,433
1,305
1,315
1,089
1,168
Total Equity
- -
2.76
3.75
3.13
2.01
7.94
- -
1.71
- -
5.69
Return on Invested Capital (%)
- -
3.16
3.76
3.22
2.05
8.16
- -
2.55
- -
5.23
Return on Capital (%)
- -
2.22
3.35
2.94
1.87
8.49
2.7
2.14
-8.75
5.56
Return on Common Equity (%)

Capital Structure

SEK

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
ST Debt
20
48
125
LT Borrowings
380
683
579
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
79
79
79
Market Capitalization
1,314
1,532
1,615

Working Capital

SEK

•

in mil. unless spec.
Jun'25
Dec'25
Mar'26
Total Current Assets
513
609
666
Cash, Cash Equivalents & STI
190
260
30
Accounts Receivable, Net
8
23
10
Inventories
306
457
484
Total Current Liabilities
97
226
183
Payables & Accruals
- -
- -
- -
ST Debt
20
48
125
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.37%
-17.2%
Free Cash Flow
- -
-99.27%
-225.4%
Net Income, GAAP
- -
-9.52%
-474.13%
Sales/Revenue/Turnover
- -
73.97%
-13.68%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54
97
70
40
260
2025
57
101
- -
55
224
2026
11
- -
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.06
0.15
0.07
0.07
0.35
2025
0.09
0.2
- -
0.82
-1.33
2026
-0.24
- -
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.23
- -
- -
0.23
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Train Alliance AB (publ) is a Sweden-based facility company specializing in the development, design, and management of railway-related production facilities and infrastructure for train operations and logistics. The company acquires strategically located land primarily in Sweden, develops it to be railway-ready, and constructs facilities including freight wagon workshops, locomotive workshops, combi-halls, and train service halls. It also leases these developed facilities to train operators, maintenance companies, and public transport authorities. The company’s core services encompass railway infrastructure and logistics operations management, maintenance solutions, and property development tailored to the rail industry. Train Alliance aims to optimize the utilization of rail vehicles and enhance the efficiency of rail transport. Founded in 2009 and headquartered in Hallsberg, Sweden, the company operates mainly in Swedish strategic railway locations. Recent major changes include the acquisition of Stockholm Nord Kombiterminal AB, one of the few national intermodal terminals in Sweden, strengthening its logistics facilities portfolio. In late 2023, the company signed a 25-year lease agreement to deliver a locomotive workshop to Siemens Mobility in Hallsberg, reflecting expanded collaboration with key industry players. In 2025, Train Alliance acquired shipyard facilities for SEK 485 million to broaden its infrastructure assets and generate stable leasing income. The company secured new safety certification from the Swedish Transport Agency complying with EU and national railway regulations, enabling enhanced infrastructure management. It also signed a 10-year terminal lease agreement with MSG Terminal in Hallsberg and progressed with the development of a rail-connected logistics center near Västerås to boost regional logistics capabilities. Additionally, in 2024 Train Alliance rebranded by shortening its name from Train Alliance Sweden AB (publ) to Train Alliance AB (publ). The company targets railway operators, maintenance providers, and logistics companies in the Swedish rail sector, benefiting from Sweden’s ambitious national infrastructure plans and NATO membership-driven upgrades. Train Alliance’s expertise combines railway facility construction, property development, leasing, and consulting services tailored to rail industry needs, leveraging its strategic locations and specialized knowledge to support rail transport efficiency and sustainability. This comprehensive focus on railway infrastructure development, property asset management, and service leasing underpins Train Alliance’s position as an essential infrastructure partner for Sweden’s rail freight and passenger transport sectors. The combination of strategic land acquisitions, facility development, and expanded service offerings positions the company for continued growth alongside Sweden's ongoing rail infrastructure enhancements.