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Tracsis plcAIM:TRCS Stock Report

Market Cap UK£110.1m
Share Price
UK£3.70
n/a
1Y4.2%
7D15.6%
Portfolio Value
​
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Tracsis plc

AIM:TRCS Stock Report

Market Cap: UK£110.1m

Tracsis (TRCS) Stock Overview

Engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally. More details

TRCS fundamental analysis
Snowflake Score
Valuation6/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 26.3% below our estimate of its fair value

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 67%

Risk Analysis

Earnings have declined by 7.8% per year over past 5 years

Volatile share price over the past 3 months compared to the UK market


TRCS Community Fair Values

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See what 15 others think this stock is worth. Follow their fair value or set your own to get alerts.

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Tracsis

Rail Technology Investments And International Diversification Will Drive Success

Key Takeaways Tracsis seeks to grow recurring software and transactional revenues, especially in Rail Technology, for future growth. Strategic acquisitions and R&D investments aim to expand market reach and improve productivity, potentially enhancing earnings and margins.
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UK£6.18
FV
40.1% undervalued intrinsic discount
2.23%
Revenue growth p.a.
118
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9users have followed this narrative
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Tracsis

Urbanization And Sustainability Will Expand Digital Rail Markets

Key Takeaways Tracsis is positioned for outsized, recurring SaaS revenue growth from platform consolidation, nationwide smart ticketing, and high-margin contracts, surpassing current market expectations. Structural digital transformation and sustainability trends, paired with advanced technology adoption and regulatory shifts, create significant multi-year growth opportunities and market share gains.
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UK£7.01
FV
47.2% undervalued intrinsic discount
2.83%
Revenue growth p.a.
22
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
1users have followed this narrative
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Tracsis

Delays And Rivalry Will Restrict Rail Digitization Yet Spur Progress

Key Takeaways Revenue volatility persists due to delayed infrastructure funding, challenging international growth, and heavy reliance on government rail reform timing. Rising competition and compliance costs threaten future margin improvements, despite growing demand for digital and analytics-driven transport solutions.
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UK£5.5
FV
32.7% undervalued intrinsic discount
1.94%
Revenue growth p.a.
5
users have viewed this narrative
0users have liked this narrative
0users have commented on this narrative
0users have followed this narrative
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Tracsis plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Tracsis
Historical stock prices
Current Share PriceUK£3.70
52 Week HighUK£5.20
52 Week LowUK£2.80
Beta0.49
1 Month Change2.78%
3 Month Change7.25%
1 Year Change4.23%
3 Year Change-60.43%
5 Year Change-45.99%
Change since IPO722.22%

Recent News & Updates

Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital

Jan 28
Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital

Recent updates

Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital

Jan 28
Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital

Is There An Opportunity With Tracsis plc's (LON:TRCS) 32% Undervaluation?

Nov 22
Is There An Opportunity With Tracsis plc's (LON:TRCS) 32% Undervaluation?

Tracsis plc's (LON:TRCS) Prospects Need A Boost To Lift Shares

Oct 10
Tracsis plc's (LON:TRCS) Prospects Need A Boost To Lift Shares

An Intrinsic Calculation For Tracsis plc (LON:TRCS) Suggests It's 42% Undervalued

Aug 02
An Intrinsic Calculation For Tracsis plc (LON:TRCS) Suggests It's 42% Undervalued

Tracsis plc (LON:TRCS) Shares Fly 27% But Investors Aren't Buying For Growth

May 18
Tracsis plc (LON:TRCS) Shares Fly 27% But Investors Aren't Buying For Growth

Tracsis plc (LON:TRCS) Shares Could Be 40% Below Their Intrinsic Value Estimate

Apr 26
Tracsis plc (LON:TRCS) Shares Could Be 40% Below Their Intrinsic Value Estimate

Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital

Apr 04
Tracsis (LON:TRCS) Could Be Struggling To Allocate Capital
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North American Expansion Will Open New Market Opportunities

Expansion into North America and focus on recurring revenue aims to boost revenue and market presence, mitigating single-market risk.

Tracsis plc (LON:TRCS) Not Doing Enough For Some Investors As Its Shares Slump 28%

Jan 30
Tracsis plc (LON:TRCS) Not Doing Enough For Some Investors As Its Shares Slump 28%

A Look At The Fair Value Of Tracsis plc (LON:TRCS)

Jun 14
A Look At The Fair Value Of Tracsis plc (LON:TRCS)

This Is Why Tracsis plc's (LON:TRCS) CEO Compensation Looks Appropriate

Jan 11
This Is Why Tracsis plc's (LON:TRCS) CEO Compensation Looks Appropriate

Earnings Miss: Tracsis plc Missed EPS By 60% And Analysts Are Revising Their Forecasts

Nov 12
Earnings Miss: Tracsis plc Missed EPS By 60% And Analysts Are Revising Their Forecasts

An Intrinsic Calculation For Tracsis plc (LON:TRCS) Suggests It's 21% Undervalued

Nov 03
An Intrinsic Calculation For Tracsis plc (LON:TRCS) Suggests It's 21% Undervalued

Here's What's Concerning About Tracsis' (LON:TRCS) Returns On Capital

Nov 16
Here's What's Concerning About Tracsis' (LON:TRCS) Returns On Capital

There Are Reasons To Feel Uneasy About Tracsis' (LON:TRCS) Returns On Capital

May 12
There Are Reasons To Feel Uneasy About Tracsis' (LON:TRCS) Returns On Capital

Is Tracsis plc (LON:TRCS) Potentially Undervalued?

Mar 11
Is Tracsis plc (LON:TRCS) Potentially Undervalued?

How Many Tracsis plc (LON:TRCS) Shares Do Institutions Own?

Feb 24
How Many Tracsis plc (LON:TRCS) Shares Do Institutions Own?

Do Its Financials Have Any Role To Play In Driving Tracsis plc's (LON:TRCS) Stock Up Recently?

Feb 09
Do Its Financials Have Any Role To Play In Driving Tracsis plc's (LON:TRCS) Stock Up Recently?

Shareholder Returns

TRCSGB SoftwareGB Market
7D15.6%3.1%2.0%
1Y4.2%-29.6%24.0%

Return vs Industry: TRCS exceeded the UK Software industry which returned -28.8% over the past year.

Return vs Market: TRCS underperformed the UK Market which returned 24.8% over the past year.

Price Volatility

Is TRCS's price volatile compared to industry and market?
TRCS volatility
TRCS Average Weekly Movement7.8%
Software Industry Average Movement5.1%
Market Average Movement4.8%
10% most volatile stocks in GB Market11.5%
10% least volatile stocks in GB Market2.6%

Stable Share Price: TRCS's share price has been volatile over the past 3 months compared to the UK market.

Volatility Over Time: TRCS's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of UK stocks.

About the Company

FoundedEmployeesCEOWebsite
2004500David Frosttracsis.com

Tracsis plc, together with its subsidiaries, engages in the provision of software, hardware, data analytics and geographic information systems, and services in the United Kingdom, Ireland, rest of Europe, Europe, North America, and internationally. The company operates in two segments, Rail Technology & Services; and Data, Analytics, Consultancy & Events. The Rail Technology & Services segment offers timetabling, resource and rolling stock planning and optimization, real-time performance and control, service recovery, incident management, retail services, and asset management for operations; and ticketing solutions and software development of mission-critical back-office solutions.

Tracsis plc Fundamentals Summary

How do Tracsis's earnings and revenue compare to its market cap?
TRCS fundamental statistics
Market capUK£110.12m
Earnings (TTM)UK£520.00k
Revenue (TTM)UK£81.89m
211.8x
P/E Ratio
1.3x
P/S Ratio

Is TRCS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TRCS income statement (TTM)
RevenueUK£81.89m
Cost of RevenueUK£34.51m
Gross ProfitUK£47.38m
Other ExpensesUK£46.86m
EarningsUK£520.00k

Last Reported Earnings

Jul 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.017
Gross Margin57.86%
Net Profit Margin0.63%
Debt/Equity Ratio0%

How did TRCS perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
151%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/03/01 07:21
End of Day Share Price 2026/02/27 00:00
Earnings2025/07/31
Annual Earnings2025/07/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Tracsis plc is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Robert ChantryBerenberg
Ciaran DonnellyBerenberg
Alexander James ShortBerenberg