AIRBNB INC-CLASS A (ABNB) Stock Fundamental Analysis
NASDAQ:ABNB - Nasdaq - US0090661010 - Common Stock - Currency: USD
Taking everything into account, ABNB scores 6 out of 10 in our fundamental rating. ABNB was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. ABNB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, ABNB is valued expensive at the moment. With these ratings, ABNB could be worth investigating further for quality investing!.
1. Profitability
1.1 Basic Checks
In the past year ABNB was profitable.
In the past year ABNB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ABNB reported negative net income in multiple years.
Of the past 5 years ABNB 4 years had a positive operating cash flow.
1.2 Ratios
With an excellent Return On Assets value of 12.63%, ABNB belongs to the best of the industry, outperforming 88.55% of the companies in the same industry.
The Return On Equity of ABNB (31.48%) is better than 85.50% of its industry peers.
Looking at the Return On Invested Capital, with a value of 18.80%, ABNB belongs to the top of the industry, outperforming 91.60% of the companies in the same industry.
ABNB had an Average Return On Invested Capital over the past 3 years of 16.24%. This is significantly above the industry average of 10.79%.
The 3 year average ROIC (16.24%) for ABNB is below the current ROIC(18.80%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.63% | ||
| ROE | 31.48% | ||
| ROIC | 18.8% |
ROA(3y)15.88%
ROA(5y)0.28%
ROE(3y)41.41%
ROE(5y)-8.23%
ROIC(3y)16.24%
ROIC(5y)N/A
1.3 Margins
The Profit Margin of ABNB (23.85%) is better than 97.71% of its industry peers.
ABNB's Operating Margin of 23.00% is amongst the best of the industry. ABNB outperforms 84.73% of its industry peers.
ABNB's Operating Margin has improved in the last couple of years.
With an excellent Gross Margin value of 71.54%, ABNB belongs to the best of the industry, outperforming 87.02% of the companies in the same industry.
ABNB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23% | ||
| PM (TTM) | 23.85% | ||
| GM | 71.54% |
OM growth 3Y36.15%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y4.23%
2. Health
2.1 Basic Checks
ABNB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ABNB has less shares outstanding
The number of shares outstanding for ABNB has been increased compared to 5 years ago.
Compared to 1 year ago, ABNB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 5.69 indicates that ABNB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 5.69, ABNB belongs to the top of the industry, outperforming 87.79% of the companies in the same industry.
The Debt to FCF ratio of ABNB is 0.44, which is an excellent value as it means it would take ABNB, only 0.44 years of fcf income to pay off all of its debts.
ABNB's Debt to FCF ratio of 0.44 is amongst the best of the industry. ABNB outperforms 91.60% of its industry peers.
ABNB has a Debt/Equity ratio of 0.24. This is a healthy value indicating a solid balance between debt and equity.
ABNB has a Debt to Equity ratio of 0.24. This is in the better half of the industry: ABNB outperforms 77.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.44 | ||
| Altman-Z | 5.69 |
ROIC/WACC2
WACC9.42%
2.3 Liquidity
A Current Ratio of 1.69 indicates that ABNB should not have too much problems paying its short term obligations.
ABNB's Current ratio of 1.69 is fine compared to the rest of the industry. ABNB outperforms 77.86% of its industry peers.
ABNB has a Quick Ratio of 1.69. This is a normal value and indicates that ABNB is financially healthy and should not expect problems in meeting its short term obligations.
ABNB's Quick ratio of 1.69 is amongst the best of the industry. ABNB outperforms 80.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 |
3. Growth
3.1 Past
ABNB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -5.06%.
The Earnings Per Share has been growing by 289.30% on average over the past years. This is a very strong growth
Looking at the last year, ABNB shows a quite strong growth in Revenue. The Revenue has grown by 11.95% in the last year.
Measured over the past years, ABNB shows a quite strong growth in Revenue. The Revenue has been growing by 18.23% on average per year.
EPS 1Y (TTM)-5.06%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-3.95%
Revenue 1Y (TTM)11.95%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%11.81%
3.2 Future
Based on estimates for the next years, ABNB will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.95% on average per year.
The Revenue is expected to grow by 10.93% on average over the next years. This is quite good.
EPS Next Y7.38%
EPS Next 2Y11.43%
EPS Next 3Y13.81%
EPS Next 5Y16.95%
Revenue Next Year10.26%
Revenue Next 2Y10.66%
Revenue Next 3Y10.51%
Revenue Next 5Y10.93%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
ABNB is valuated quite expensively with a Price/Earnings ratio of 35.37.
Compared to the rest of the industry, the Price/Earnings ratio of ABNB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 29.63. ABNB is around the same levels.
ABNB is valuated quite expensively with a Price/Forward Earnings ratio of 32.94.
The rest of the industry has a similar Price/Forward Earnings ratio as ABNB.
The average S&P500 Price/Forward Earnings ratio is at 22.68. ABNB is valued slightly more expensive when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.37 | ||
| Fwd PE | 32.94 |
4.2 Price Multiples
75.57% of the companies in the same industry are cheaper than ABNB, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABNB indicates a somewhat cheap valuation: ABNB is cheaper than 74.81% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 20.2 | ||
| EV/EBITDA | 32.34 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ABNB has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as ABNB's earnings are expected to grow with 13.81% in the coming years.
PEG (NY)4.79
PEG (5Y)N/A
EPS Next 2Y11.43%
EPS Next 3Y13.81%
5. Dividend
5.1 Amount
ABNB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
146.07
-9.24 (-5.95%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners77.49%
Inst Owner Change1.03%
Ins Owners0.94%
Ins Owner Change-12.43%
Market Cap91.26B
Analysts64.8
Price Target158.15 (8.27%)
Short Float %3.57%
Short Ratio3.23
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)10.92%
Min EPS beat(2)-2.45%
Max EPS beat(2)24.28%
EPS beat(4)2
Avg EPS beat(4)19.8%
Min EPS beat(4)-8%
Max EPS beat(4)65.35%
EPS beat(8)6
Avg EPS beat(8)30.05%
EPS beat(12)10
Avg EPS beat(12)38.81%
EPS beat(16)14
Avg EPS beat(16)46.46%
Revenue beat(2)1
Avg Revenue beat(2)-0.54%
Min Revenue beat(2)-1.56%
Max Revenue beat(2)0.49%
Revenue beat(4)2
Avg Revenue beat(4)-0.2%
Min Revenue beat(4)-1.65%
Max Revenue beat(4)1.9%
Revenue beat(8)4
Avg Revenue beat(8)-0.18%
Revenue beat(12)6
Avg Revenue beat(12)-0.16%
Revenue beat(16)10
Avg Revenue beat(16)2.13%
PT rev (1m)0.11%
PT rev (3m)7.51%
EPS NQ rev (1m)-1.09%
EPS NQ rev (3m)-15.14%
EPS NY rev (1m)0.08%
EPS NY rev (3m)-2.68%
Revenue NQ rev (1m)-0.16%
Revenue NQ rev (3m)-0.28%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)0.02%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.37 | ||
| Fwd PE | 32.94 | ||
| P/S | 8.22 | ||
| P/FCF | 20.2 | ||
| P/OCF | 20.2 | ||
| P/B | 10.85 | ||
| P/tB | 11.95 | ||
| EV/EBITDA | 32.34 |
EPS(TTM)4.13
EY2.83%
EPS(NY)4.43
Fwd EY3.04%
FCF(TTM)7.23
FCFY4.95%
OCF(TTM)7.23
OCFY4.95%
SpS17.77
BVpS13.46
TBVpS12.22
PEG (NY)4.79
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 12.63% | ||
| ROE | 31.48% | ||
| ROCE | 23.64% | ||
| ROIC | 18.8% | ||
| ROICexc | 1085.31% | ||
| ROICexgc | N/A | ||
| OM | 23% | ||
| PM (TTM) | 23.85% | ||
| GM | 71.54% | ||
| FCFM | 40.7% |
ROA(3y)15.88%
ROA(5y)0.28%
ROE(3y)41.41%
ROE(5y)-8.23%
ROIC(3y)16.24%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.43%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y36.15%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y4.23%
F-Score8
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.44 | ||
| Debt/EBITDA | 0.76 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 1276.5 | ||
| Cash Conversion | 172.57% | ||
| Profit Quality | 170.62% | ||
| Current Ratio | 1.69 | ||
| Quick Ratio | 1.69 | ||
| Altman-Z | 5.69 |
F-Score8
WACC9.42%
ROIC/WACC2
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)143.85%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-5.06%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-3.95%
EPS Next Y7.38%
EPS Next 2Y11.43%
EPS Next 3Y13.81%
EPS Next 5Y16.95%
Revenue 1Y (TTM)11.95%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%11.81%
Revenue Next Year10.26%
Revenue Next 2Y10.66%
Revenue Next 3Y10.51%
Revenue Next 5Y10.93%
EBIT growth 1Y68.18%
EBIT growth 3Y67.22%
EBIT growth 5YN/A
EBIT Next Year73.2%
EBIT Next 3Y33.18%
EBIT Next 5Y25.92%
FCF growth 1Y16.32%
FCF growth 3Y27.8%
FCF growth 5Y115.5%
OCF growth 1Y16.32%
OCF growth 3Y27.31%
OCF growth 5Y82.58%