Train Alliance Sweden AB Series B

ST:TRAIN-B Sweden Engineering & Construction
Market Cap
$128.68 Million
Skr1.44 Billion SEK
Market Cap Rank
#25788 Global
#334 in Sweden
Share Price
Skr20.40
Change (1 day)
+0.00%
52-Week Range
Skr15.80 - Skr20.70
All Time High
Skr34.63
Categories
Companies in Sweden Engineering & Construction
About

Train Alliance AB (publ) provides railway facilities in Sweden. It acquires land and develops it to be railway-ready, as well as constructs railways and railway-related infrastructure. The company was formerly known as Train Alliance Sweden AB (publ) and changed its name to Train Alliance AB (publ) in July 2024. The company was incorporated in 2009 and is headquartered in Hallsberg, Sweden.

Train Alliance Sweden AB Series B (TRAIN-B) - Net Assets

Latest net assets as of December 2025: Skr1.41 Billion SEK

Based on the latest financial reports, Train Alliance Sweden AB Series B (TRAIN-B) has net assets worth Skr1.41 Billion SEK as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr2.28 Billion) and total liabilities (Skr863.12 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr1.41 Billion
% of Total Assets 62.07%
Annual Growth Rate 15.13%
5-Year Change 7.3%
10-Year Change 390.65%
Growth Volatility 31.28

Train Alliance Sweden AB Series B - Net Assets Trend (2012–2025)

This chart illustrates how Train Alliance Sweden AB Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Train Alliance Sweden AB Series B (2012–2025)

The table below shows the annual net assets of Train Alliance Sweden AB Series B from 2012 to 2025.

Year Net Assets Change
2025-12-31 Skr1.41 Billion +7.44%
2024-12-31 Skr1.31 Billion +0.76%
2023-12-31 Skr1.30 Billion -8.95%
2022-12-31 Skr1.43 Billion +8.86%
2021-12-31 Skr1.32 Billion +73.39%
2020-12-31 Skr759.23 Million +104.51%
2019-12-31 Skr371.25 Million +13.30%
2018-12-31 Skr327.68 Million +0.49%
2017-12-31 Skr326.09 Million +13.27%
2016-12-31 Skr287.88 Million +6.14%
2015-12-31 Skr271.24 Million +10.77%
2014-12-31 Skr244.88 Million +7.27%
2013-12-31 Skr228.28 Million +0.85%
2012-12-31 Skr226.35 Million --

Equity Component Analysis

This analysis shows how different components contribute to Train Alliance Sweden AB Series B's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 371.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Skr199.03 Million 14.09%
Common Stock Skr659.67 Million 46.70%
Other Components Skr553.78 Million 39.21%
Total Equity Skr1.41 Billion 100.00%

Train Alliance Sweden AB Series B Competitors by Market Cap

The table below lists competitors of Train Alliance Sweden AB Series B ranked by their market capitalization.

Company Market Cap
Maybank Securities (Thailand) PCL
BK:MST
 		$18.74 Million
Quality & Reliability A.B.E.E
AT:QUAL
 		$18.75 Million
Issuer Direct Corp
NYSE MKT:ISDR
 		$18.75 Million
World Houseware (Holdings) Limited
PINK:WHWRF
 		$18.75 Million
TGAUF
PINK:TGAUF
 		$18.74 Million
APPIA RARE EARTH+U O.N.
F:A0I0
 		$18.74 Million
ORTOMA AB B
F:82Y
 		$18.73 Million
Davangere Sugar Company Limited
NSE:DAVANGERE
 		$18.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Train Alliance Sweden AB Series B's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,314,716,000 to 1,412,489,000, a change of 97,773,000 (7.4%).
  • Net income of 97,773,000 contributed positively to equity growth.
  • Other comprehensive income decreased equity by 73,165,999.
  • Other factors increased equity by 73,165,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr97.77 Million +6.92%
Other Comprehensive Income Skr-73.17 Million -5.18%
Other Changes Skr73.17 Million +5.18%
Total Change Skr- 7.44%

Book Value vs Market Value Analysis

This analysis compares Train Alliance Sweden AB Series B's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.14x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 1.94x to 1.14x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Skr10.49 Skr20.40 x
2013-12-31 Skr10.58 Skr20.40 x
2014-12-31 Skr11.35 Skr20.40 x
2015-12-31 Skr11.31 Skr20.40 x
2016-12-31 Skr11.92 Skr20.40 x
2017-12-31 Skr12.22 Skr20.40 x
2018-12-31 Skr6.78 Skr20.40 x
2019-12-31 Skr7.68 Skr20.40 x
2020-12-31 Skr13.95 Skr20.40 x
2021-12-31 Skr16.63 Skr20.40 x
2022-12-31 Skr18.10 Skr20.40 x
2023-12-31 Skr16.48 Skr20.40 x
2024-12-31 Skr16.61 Skr20.40 x
2025-12-31 Skr17.84 Skr20.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Train Alliance Sweden AB Series B utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 6.92%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 33.17%
  • • Asset Turnover: 0.13x
  • • Equity Multiplier: 1.61x
  • Recent ROE (6.92%) is above the historical average (3.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 3.84% 17.55% 0.12x 1.76x Skr-13.95 Million
2013 0.84% 4.79% 0.10x 1.74x Skr-20.90 Million
2014 3.72% 13.01% 0.16x 1.82x Skr-15.39 Million
2015 1.92% 6.84% 0.17x 1.66x Skr-21.93 Million
2016 8.32% 27.14% 0.18x 1.68x Skr-4.84 Million
2017 2.25% 36.08% 0.04x 1.71x Skr-25.26 Million
2018 2.21% 86.66% 0.02x 1.67x Skr-25.52 Million
2019 3.26% 92.53% 0.02x 1.93x Skr-25.01 Million
2020 2.19% 52.68% 0.03x 1.36x Skr-59.32 Million
2021 1.47% 15.50% 0.08x 1.19x Skr-112.26 Million
2022 8.14% 82.57% 0.09x 1.12x Skr-26.62 Million
2023 2.83% 22.20% 0.09x 1.38x Skr-93.57 Million
2024 2.14% 10.82% 0.14x 1.36x Skr-103.38 Million
2025 6.92% 33.17% 0.13x 1.61x Skr-43.48 Million

Industry Comparison

This section compares Train Alliance Sweden AB Series B's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $1,669,508,397
  • Average return on equity (ROE) among peers: 18.99%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Train Alliance Sweden AB Series B (TRAIN-B) Skr1.41 Billion 3.84% 0.61x $18.74 Million
Afry AB (AFRY) $3.95 Billion 13.99% 0.85x $1.01 Billion
Bravida Holding AB (BRAV) $9.13 Billion 13.49% 1.57x $1.83 Billion
Bygg Partner i Dalarna Holding AB (BYGGP) $125.80 Million 41.10% 1.87x $51.00 Million
Fasadgruppen Group AB (FG) $2.09 Billion 12.99% 1.41x $68.51 Million
Hexicon AB (HEXI) $91.85 Million -41.39% 0.28x $2.92 Million
Hifab Group AB Series B (HIFA-B) $81.67 Million 12.56% 1.48x $4.19 Million
Hultström Group B (HULT-B) $60.21 Million 21.18% 1.68x $3.85 Million
Infrea AB (INFREA) $3.98 Million 77.94% 0.11x $25.13 Million
Instalco Intressenter AB (INSTAL) $553.40 Million 25.30% 1.76x $662.14 Million
Netel Holding AB (NETEL) $603.27 Million 12.75% 1.50x $13.47 Million