Analysguiden sees attractive risk/reward

Aktiespararna’s analyst service Analysguiden writes that Train Alliance delivered a strong second quarter with rising revenues and an improved operating margin, driven by a more profitable product mix where consulting and concept revenues doubled. They note that the share, with a net asset value of SEK 35.60, is trading at a significant discount to its assets. The analysis firm assesses that the strong asset base, the increasing share of recurring revenues, and the ongoing market development create an attractive risk/reward ratio,  and reiterates our justified value range of SEK 30–35.

The analysis, which is in Swedish, can be read at the following link

https://www.aktiespararna.se/analyser/train-alliance-framat-pa-flera-fronter