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Tracsis plc (TRCS) Fair Value & Analysis

Technology · GB · Market cap 106M GBX

TP Tracsis plc TRCS · LSE
Price£3.13
Fair Value£2.17
Upside-30.6%
Quality95/100
Evidence: High Range £1.73 – £2.61

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 6 days ago

Share price −9.9% over the past month.

Price vs Fair Value (12 months)

£4.26 £2.76 Fair Value £2.17 Jul 2025 Jun 2026

12‑month range £2.76 – £4.26 · fair‑value band £1.73 – £2.61 · the £3.13 price screens above the £2.17 fair value. As of Jun 24, 2026.

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Analysis

Tracsis plc (TRCS) currently trades at £3.13, while our model-based Fair Value estimate is £2.17 — implying the stock looks roughly 30.6% overvalued today. We read business quality at 95/100 (high quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Tracsis plc generated revenue of £84.5M at a net margin of 1.2%. Revenue grew 7.2% year over year. It earns a return on equity of 1.5%. The balance sheet holds a net cash position of £20.7M. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 84.5M GBX
Revenue growth (YoY) +7.2%
Net margin 1.2%
Return on equity 1.5%
Free cash flow 9.8M GBX FY2025
P/E ratio 118.3
More key figures
Operating margin -0.2%
EPS (TTM) £0.0300
Dividend yield 0.8%
EPS growth (YoY) +0.3%
Net cash 20.7M GBX FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

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. This segment also provides remote condition monitoring software and hardware solutions; and RailHub, a digital platform for schematics on demand, live work site monitoring, and digital signoffs. The Data, Analytics, Consultancy & Events offers s location-related technologies, including geographic informat…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tracsis plc reported revenue of £81.9M in FY2025 versus £50.2M in FY2021, a compound +13.0%/yr. Reported net income was £520K in FY2025, compounding −31.5%/yr from FY2021.

Revenue +13.0%/yr
FY21 £50.2M
FY22 £68.7M
FY23 £82.0M
FY24 £81.0M
FY25 £81.9M
Net income −31.5%/yr
FY21 £2.4M
FY22 £1.5M
FY23 £6.8M
FY24 £488K
FY25 £520K

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Frequently asked questions

Is Tracsis plc (TRCS) undervalued?
As of Jun 24, 2026, our model estimates a fair value of £2.17 versus a price of £3.13 — about −31% (overvalued). Model-based estimate, not financial advice.
What is the fair value of TRCS?
Our 21-model fair value for Tracsis plc is £2.17 (as of Jun 24, 2026), built from audited fundamentals. The current price is £3.13.
What is the quality score of TRCS?
Tracsis plc has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tracsis plc (TRCS)?
Tracsis plc reported trailing-twelve-month revenue of about £84.5M (latest available figure, as of Jun 24, 2026).
What is the net profit margin of TRCS?
The net profit margin of Tracsis plc is about 1.2%, meaning it keeps roughly 1.2% of revenue as net income. Based on the latest reported figures.
Does Tracsis plc pay a dividend?
Tracsis plc currently shows a dividend yield of about 0.76% relative to its recent price (as of Jun 24, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.