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Why Train Alliance stock moves

Train Alliance held roughly steady.

Written after the close on ·

Why today

16,437 news analyzed today

Train Alliance held roughly steady.

Over the last five trading days the shares fell clearly, with the market roughly flat.

Peers in the sector fell about 2% over the same days, a likely partial driver.

The company had sold land in Hallsberg in mid-October, a background event, and its third-quarter report came out on 22 October.

Today's move of +0.00% was 0.0 times a normal day's 1.2%. OMX Stockholm 30 moved −1.01% on the same day.

Train Alliance +0.00%OMX Stockholm 30 −1.01%A little stronger than the market

Earlier days →

See the chart in ChartCompass, with every move explained →

Has the share price followed the business?

Price and earnings moved in the same direction: 2 out of 3 years. Across Nordic companies, that happens in about 60% of years. In 2025, the price changed +4% and earnings per share went from 0.35 SEK to -1.33 SEK.

Revenue, profit and market cap

Revenue, profit and market cap (bn SEK)-0.10.81.62.52022: 0.142022: 0.1220222023: 0.172023: 0.0420232024: 0.262024: 0.0320242025: 0.222025: -0.112025Now2022: 2.272.32023: 1.711.72024: 1.471.52025: 1.531.5Now: 0.420.4

RevenueProfitMarket capbn SEK

Market cap is 1.9 times 2025 revenue, against 16.1 in 2022. Profit in 2025: -105 m SEK.

Assets, liabilities and market cap

Assets, liabilities and market cap (bn SEK)0.00.81.72.52022: 1.612022: 0.1720222023: 1.802023: 0.5020232024: 1.792024: 0.4820242025: 2.022025: 0.932025Now2022: 2.272.32023: 1.711.72024: 1.471.52025: 1.531.5Now: 0.420.4

AssetsLiabilitiesMarket capbn SEK

Assets minus liabilities leave 1.1 bn SEK for shareholders. Market cap is 0.4 times that equity.

Price and earnings moved in the same direction: 2 out of 3 years.Market cap (Now): 421 m SEKRevenue 2025: 224 m SEK

What the key figures say about Train Alliance

The figures connect what Train Alliance earns with what investors pay.

The line shows the share price in the same year, on its own scale.

Earnings per share-0.53 SEK
NowEarnings per share2022: 1.47222023: 0.47232024: 0.35242025: -1.33252022: 28.672023: 21.602024: 18.552025: 19.35

Profit divided by the number of shares. Each share represents this much of the earnings.

2022–2025: -1.33 SEK–1.47 SEK. Peers: Sitowise Group -1.15 EUR, Cynca Nordic -12.58 SEK, SRV Group 0.58 EUR.

Revenue27.6 m SEK
NowRevenue2022: 141,323,000.00222023: 166,321,000.00232024: 259,726,000.00242025: 224,199,000.00252022: 28.672023: 21.602024: 18.552025: 19.35

What the company sold during the year.

2022–2025: 141 m SEK–260 m SEK. Peers: Sitowise Group 187 m EUR, Cynca Nordic 3.4 bn SEK, SRV Group 761 m EUR.

Operating margin−17.0%
NowOperating margin2022: 85.63222023: 23.42232024: 14.15242025: -0.24252022: 28.672023: 21.602024: 18.552025: 19.35

The percentage of revenue left after the costs of running the business.

2022–2025: −0.2%–85.6%. Peers: Sitowise Group −20.3%, Cynca Nordic 1.6%, SRV Group 4.0%.

Return on equity−21.0%
NowReturn on equity2022: 8.14222023: 2.83232024: 2.14242025: -9.65252022: 28.672023: 21.602024: 18.552025: 19.35

Profit as a percentage of shareholders’ money in the company.

2022–2025: −9.7%–8.1%. Peers: Sitowise Group −44.4%, Cynca Nordic −15.5%, SRV Group 13.5%.

Market cap per unit of revenue (P/S)15.24
NowMarket cap per unit of revenue (P/S)2022: 16.06222023: 10.28232024: 5.65242025: 6.8325

What investors pay for each unit the company sells.

2022–2025: 5.65–16.06. Peers: Sitowise Group 0.43, Cynca Nordic 0.34, SRV Group 0.17.

Dividend per share0.00 SEK
NowDividend per share2023: 6.26232024: 0.23242025: 0.0025

Money paid to shareholders per share, summed by calendar year.

2023–2025: 0.00 SEK–6.26 SEK.

Dividend yield0.0%
NowDividend yield2022: 0.00222023: 28.98232024: 1.24242025: 0.0025

The ordinary yearly dividend as a percentage of the share price.

2022–2025: 0.0%–29.0%. Peers: Sitowise Group 0.0%, SRV Group 0.0%.

More key figures
Market cap / equity (P/B)0.43
NowMarket cap / equity (P/B)2022: 1.58222023: 1.31232024: 1.12242025: 1.4125

Market cap divided by shareholders’ equity, what remains after liabilities.

2022–2025: 1.12–1.58. Peers: Sitowise Group 1.32, Cynca Nordic 0.66, SRV Group 1.31.

Free cash flow per share-1.76 SEK
NowFree cash flow per share2022: -3.87222023: -1.38232024: 2.51242025: -3.15252022: 28.672023: 21.602024: 18.552025: 19.35

Cash left after investments, divided by the number of shares.

2022–2025: -3.87 SEK–2.51 SEK. Peers: Sitowise Group 0.17 EUR, Cynca Nordic 5.83 SEK, SRV Group 2.12 EUR.

Equity ratio53.9%
2025Equity ratio2022: 89.22222023: 72.31232024: 73.29242025: 53.8525

The percentage of assets financed by shareholders’ equity.

2022–2025: 53.9%–89.2%.

What followed similar falls?

Including reinvested dividends, Train Alliance fell 4.7% over the latest five trading days. Since February 20, 2020, falls at least this large were followed by a higher value 21 trading days later in 15 out of 30 non-overlapping periods. The median was +0.1%, against +0.0% for an ordinary 21-day period, which ended higher 48 times in 100.

Such a fall has not said much about the next month.

+0.1% · 15/30

Earnings report

Report day1.9%

Normal day1.1%

On its last 16 report days Train Alliance usually moved about 1.9%. On a normal day it moves 1.1%.

−1.72% −0.95% −58.53% +2.99%

10,000 SEK in Train Alliance bought on February 20, 2020 is worth 3,900 SEK today, with dividends reinvested.

The same amount in OMX Stockholm 30 with dividends would have become 20,500 SEK.

What would 10,000 SEK in Train Alliance be worth today? →

What would 10,000 SEK in Train Alliance be worth today?

3,900 SEK

with dividends reinvested, bought on February 20, 2020. The same amount in OMX Stockholm 30 with dividends would have become 20,500 SEK.

At worst it was worth 2,880 SEK (October 6, 2026).

The five biggest days of the journey

· −58.5% · report day

· +35.3% · the whole market rose 0.1% the same day

· −21.7% · the whole market fell 1.3% the same day

· +19.1% · the whole market fell 1.7% the same day

· +14.7% · the whole market rose 1.3% the same day

Earlier days

  • −4.66% market −0.11% Train Alliance fell clearly over the week while the OMX Stockholm 30 index was roughly flat, so the stock moved against the market. Read →

    Train Alliance fell clearly over the week while the OMX Stockholm 30 index was roughly flat, so the stock moved against the market.

    The fall was big for this stock, rarer than most five-day moves over the past year.

    The weak third-quarter report from October 22 is background, not this week's cause.

  • −0.37% market +0.83% Train Alliance was roughly unchanged, without company news. Read →

    Train Alliance was roughly unchanged, without company news.

    Train Alliance had without a company-news explanation, and its shares were roughly unchanged without company news.

    Over the same day the OMX Stockholm 30 rose clearly, so Train Alliance lagged the market.

    Over the last five trading days Train Alliance fell sharply while the market rose slightly.

    Its moves are not tied to any news in this window, so market and sector trends likely played a part.

  • +0.75% market −0.08% Train Alliance rose slightly without company news. Read →

    Train Alliance rose slightly without company news.

    The market was roughly flat that day, so the move was in line with it.

    No company news came out in the past two weeks, so no specific event explains the move.

    Over the last five trading days the stock fell clearly while the OMX Stockholm 30 rose slightly.

    The sector median was also down, so broader industrial selling likely weighed on the shares.

  • −5.02% market +0.48% Train Alliance fell very sharply without company news. Read →

    Train Alliance fell very sharply without company news.

    Over the same day OMX Stockholm 30 rose slightly, so the stock moved against the market.

    Over the last five trading days it fell sharply, while the market rose clearly.

    The move was big: a stretch this large happened about six times in the past year.

    Trading was well below its usual level, so the drop came on thin volume.

  • +0.72% market −0.29% Train Alliance rose slightly without company news. Read →

    Train Alliance rose slightly without company news.

    Over the same day, OMX Stockholm 30 fell slightly, so the stock moved against the market.

    The move was an ordinary size for the stock, on thin trading.

    Over the last five trading days it rose slightly, in line with a clearly rising market.

    The most recent company news is the third-quarter report and the SMARTCargo project being stopped, both from before the last session.

  • +2.20% market +3.01% Train Alliance rose slightly over the week, moving in line with the broader Swedish market. Read →

    Train Alliance rose slightly over the week, moving in line with the broader Swedish market.

    The move was ordinary for the stock.

    Its third-quarter report, published on 22 October, showed an operating loss, while a settlement with its owner Polar Structure freed up cash and a land sale brought in a gain.

    Over the same days, peers in the Industrials sector fell a little, so the stock held up better than them.

  • −1.07% market +0.41% Train Alliance fell, moving against a rising market. Read →

    Train Alliance fell, moving against a rising market.

    No company news from the last session explains the move.

    Over the last five trading days it fell clearly while OMX Stockholm 30 rose sharply.

    The most likely reason is the quarterly report published before the last session, which showed an operating loss of 20.0 million SEK and a sales figure of 9.2 million SEK.

    Earlier news also showed the company stopping its SMARTCargo project and a settlement with its owner Polar Structure.

  • −4.21% market +0.41% Train Alliance fell very sharply, on the Nasdaq Stockholm exchange. Read →

    Train Alliance fell very sharply, on the Nasdaq Stockholm exchange.

    No company news from that session explains the move.

    The stock moved against OMX Stockholm 30, which rose slightly over the same day.

    Trading volume was well below its usual level, so the drop came on thin trading.

    The company's third-quarter report came out yesterday, before the last session.

  • −7.77% market −3.67% Train Alliance fell sharply over the last five trading days, a very big move for this stock. Read →

    Train Alliance fell sharply over the last five trading days, a very big move for this stock.

    The OMX Stockholm 30 index also fell sharply, so the shares dropped about as much as the wider market.

    The main news came from the quarterly report, which showed an operating loss of about 20 million kronor for the quarter.

    The company also ended its SMARTCargo project after no solution for site access could be found.

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