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- TraWell
TraWell Valuation Multiples
TraWell is valued at $13M as of October 2026, a 1.1x revenue multiple. In the last 12 months, TraWell revenue was $31M and TraWell EBITDA was $9M.
TraWell Overview
About TraWell
TraWell Co is an Italian company, formerly named Safe Bag, that provides luggage protection and tracking services and operates travel shops in airports. It was founded in 1997 by Rudolph Gentile and is listed on Euronext Growth Milan, where it has traded since September 2013. The group is present in 8 countries with 21 airports and 87 shops, serves about 5 million customers and has more than 300 employees. Its services cover luggage wrapping, tracking, lost luggage refunds, travel accessories, luggage storage and other services for travellers. Revenues were EUR 30.3 million in 2023 with EBITDA of EUR 9.9 million, and EBITDA reached EUR 8.3 million in 2025. The business model depends on airport concessions, whose average duration is the longest in the history of the group.
Founded
1997
HQ
Employees
196
Website
Sectors
Financials (LTM)
EV
$33M
Valuation Multiples
Start free trialTraWell Financials
TraWell reported last 12-month revenue of $31M and EBITDA of $9M.
In the same LTM period, TraWell generated $9M in EBITDA and had net loss of ($180K).
Revenue (LTM)
TraWell P&L
In the most recent fiscal year, TraWell reported revenue of $32M and EBITDA of $8M.
TraWell is unprofitable as of last fiscal year, with gross margin of 70%, EBITDA margin of 25%, and net margin of (1%).
Financial data powered by Morningstar, Inc.
TraWell Stock Performance
TraWell has current market cap of $13M, and enterprise value of $33M.
Market Cap Evolution
TraWell's stock price is $26.07.
TraWell share price decreased by 5.2% in the last 30 days, and by 26.8% in the last year.
TraWell has an EPS (earnings per share) of $-0.90.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $33M | $13M | -0.8% | -5.2% | -0.9% | -26.8% | $-0.90 |
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Start Free TrialTraWell Valuation Multiples
TraWell trades at 1.1x EV/Revenue multiple, and 3.6x EV/EBITDA.
EV / Revenue (LTM)
TraWell Financial Valuation Multiples
As of October 23, 2026, TraWell has market cap of $13M and EV of $33M.
TraWell has a P/E ratio of (73.2x).
Multiples above and below 250x are considered non-meaningful (n/m). Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified TraWell Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


TraWell Margins & Growth Rates
TraWell decreased revenue by 5% but EBITDA grew by 12% in the last fiscal year.
In the most recent fiscal year, TraWell reported gross margin of 70%, EBITDA margin of 25%, and net margin of (1%).
TraWell Margins
TraWell Growth Rates
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TraWell Operational KPIs
TraWell's revenue per employee in the last FY averaged $0.2M, while opex per employee averaged $0.1M for the same period.
TraWell's Rule of 40 is 24% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
TraWell's Rule of X is 17% (created by Bessemer, Rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Data powered by FactSet, Inc. and Morningstar, Inc.
TraWell Competitors
TraWell competitors include Technical Publications, ACC Aviation Holdings, Wheels Up, ICTS International, AerSale, GMF AeroAsia, Sky Harbour Group and Aeroporto di Bologna.
Most TraWell public comparables operate across Airports & Aviation Services.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $56M | $10M | 0.7x | 0.7x | 4.2x | 3.9x | |||
| - | - | - | - | - | - | |||
| $736M | ($142M) | 1.0x | - | (5.2x) | - | |||
| $534M | ($15M) | 0.4x | - | (15.6x) | - | |||
| $335M | $39M | 1.2x | 1.2x | 10.3x | 9.7x | |||
| $492M | $79M | 1.2x | 1.1x | 7.7x | - | |||
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Acquisitions by TraWell
TraWell has acquired 1 company to date.
Last acquisition by TraWell was on October 10th 2019. TraWell acquired FlyPack for $2M (EV/Revenue multiple available to Pro users).
Latest Acquisitions by TraWell
| Description | FlyPack is a Russian company that operates baggage protection and tracking services and sells travel accessories in Terminal D of Moscow Sheremetyevo international airport. It holds a concession with a duration of 10 years that expires in July 2029. Sheremetyevo is the busiest airport in the Russian Federation, with about 46 million passengers in 2018. FlyPack was expected to close 2019 with revenues of about EUR 2 million and EBITDA of about EUR 0.7 million. Its services are sold under the Pack&Fly Group brand used in Russia, which belongs to the TraWell group. The company was owned by sellers who negotiated with the Russian subsidiary of TraWell, and 90% of its shares were bought by Wrapping Service LLC. |
| HQ Country | |
| HQ City | Moscow |
| Deal Date | 10 Oct 2019 |
| Valuation | $2M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all TraWell acquisitions and their M&A valuation multiples. Start Free Trial | |
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Start Free TrialAbout TraWell
| When was TraWell founded? | TraWell was founded in 1997. |
| Where is TraWell headquartered? | TraWell is headquartered in Italy. |
| How many employees does TraWell have? | As of today, TraWell has over 196 employees. |
| Is TraWell publicly listed? | Yes, TraWell is a public company listed on Borsa Italiana. |
| What is the stock symbol of TraWell? | TraWell trades under TWL ticker. |
| When did TraWell go public? | TraWell went public in 2013. |
| Who are competitors of TraWell? | TraWell main competitors include Technical Publications, ACC Aviation Holdings, Wheels Up, ICTS International, AerSale, GMF AeroAsia, Sky Harbour Group, Aeroporto di Bologna. |
| What is the current market cap of TraWell? | TraWell's current market cap is $13M. |
| What is the current revenue of TraWell? | TraWell's last 12 months revenue is $31M. |
| What is the current revenue growth of TraWell? | TraWell revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of TraWell? | Current revenue multiple of TraWell is 1.1x. |
| What is the current EBITDA of TraWell? | TraWell's last 12 months EBITDA is $9M. |
| What is TraWell's EBITDA margin? | TraWell's last 12 months EBITDA margin is 29%. |
| What is the current EV/EBITDA multiple of TraWell? | Current EBITDA multiple of TraWell is 3.6x. |
| What is the current FCF of TraWell? | TraWell's last 12 months FCF is $4M. |
| What is TraWell's FCF margin? | TraWell's last 12 months FCF margin is 14%. |
| What is the current EV/FCF multiple of TraWell? | Current FCF multiple of TraWell is 7.3x. |
| How many companies TraWell has acquired to date? | As of October 2026, TraWell has acquired 1 company. |
| What was the largest acquisition by TraWell? | $2M acquisition of FlyPack on 10th October 2019 was the largest M&A TraWell has done to date. |
| What companies TraWell acquired? | TraWell acquired FlyPack. |
| In how many companies TraWell has invested to date? | TraWell hasn't invested in any companies yet (or none have been disclosed publicly). |
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