AIRBNB INC-CLASS A (ABNB) Stock Fundamental Analysis
NASDAQ:ABNB - Nasdaq - US0090661010 - Common Stock - Currency: USD
Overall ABNB gets a fundamental rating of 6 out of 10. We evaluated ABNB against 133 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. ABNB is valied quite expensively at the moment, while it does show a decent growth rate. This makes ABNB very considerable for quality investing!
1. Profitability
1.1 Basic Checks
ABNB had positive earnings in the past year.
ABNB had a positive operating cash flow in the past year.
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
ABNB has a better Return On Assets (10.13%) than 86.47% of its industry peers.
With an excellent Return On Equity value of 31.98%, ABNB belongs to the best of the industry, outperforming 86.47% of the companies in the same industry.
ABNB's Return On Invested Capital of 23.77% is amongst the best of the industry. ABNB outperforms 95.49% of its industry peers.
ABNB had an Average Return On Invested Capital over the past 3 years of 16.24%. This is above the industry average of 13.81%.
The last Return On Invested Capital (23.77%) for ABNB is above the 3 year average (16.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.13% | ||
| ROE | 31.98% | ||
| ROIC | 23.77% |
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
With an excellent Profit Margin value of 22.60%, ABNB belongs to the best of the industry, outperforming 96.24% of the companies in the same industry.
The Operating Margin of ABNB (22.17%) is better than 85.71% of its industry peers.
ABNB's Operating Margin has improved in the last couple of years.
The Gross Margin of ABNB (71.47%) is better than 87.22% of its industry peers.
ABNB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.17% | ||
| PM (TTM) | 22.6% | ||
| GM | 71.47% |
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
ABNB has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ABNB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.63 indicates that ABNB is not in any danger for bankruptcy at the moment.
ABNB has a Altman-Z score of 3.63. This is in the better half of the industry: ABNB outperforms 78.95% of its industry peers.
There is no outstanding debt for ABNB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | 3.63 |
ROIC/WACC2.73
WACC8.72%
2.3 Liquidity
A Current Ratio of 1.27 indicates that ABNB should not have too much problems paying its short term obligations.
ABNB has a Current ratio of 1.27. This is in the better half of the industry: ABNB outperforms 66.17% of its industry peers.
ABNB has a Quick Ratio of 1.27. 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 1.27 is fine compared to the rest of the industry. ABNB outperforms 69.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
ABNB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.54%.
Measured over the past years, ABNB shows a very strong growth in Earnings Per Share. The EPS has been growing by 289.30% on average per year.
Looking at the last year, ABNB shows a quite strong growth in Revenue. The Revenue has grown by 9.68% 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)-13.54%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-41.46%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%6.07%
3.2 Future
ABNB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.47% yearly.
ABNB is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.74% yearly.
EPS Next Y3.85%
EPS Next 2Y8.92%
EPS Next 3Y11.48%
EPS Next 5Y15.47%
Revenue Next Year8.88%
Revenue Next 2Y9.26%
Revenue Next 3Y9.4%
Revenue Next 5Y9.74%
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.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.42, the valuation of ABNB can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as ABNB.
ABNB's Price/Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 27.15.
The Price/Forward Earnings ratio is 27.01, which means the current valuation is very expensive for ABNB.
The rest of the industry has a similar Price/Forward Earnings ratio as ABNB.
When comparing the Price/Forward Earnings ratio of ABNB to the average of the S&P500 Index (21.60), we can say ABNB is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.42 | ||
| Fwd PE | 27.01 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABNB is valued a bit more expensive than 72.93% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of ABNB indicates a somewhat cheap valuation: ABNB is cheaper than 76.69% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.63 | ||
| EV/EBITDA | 27.14 |
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.
PEG (NY)8.68
PEG (5Y)N/A
EPS Next 2Y8.92%
EPS Next 3Y11.48%
5. Dividend
5.1 Amount
ABNB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
132.34
-2.18 (-1.62%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners81.55%
Inst Owner Change3.21%
Ins Owners1.89%
Ins Owner Change-6.12%
Market Cap81.68B
Analysts68.46
Price Target141.81 (7.16%)
Short Float %3.8%
Short Ratio2.71
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)12.08%
Min EPS beat(2)-0.11%
Max EPS beat(2)24.28%
EPS beat(4)1
Avg EPS beat(4)3.43%
Min EPS beat(4)-8%
Max EPS beat(4)24.28%
EPS beat(8)5
Avg EPS beat(8)17.04%
EPS beat(12)9
Avg EPS beat(12)31.31%
EPS beat(16)13
Avg EPS beat(16)46.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.45%
Min Revenue beat(2)-1.39%
Max Revenue beat(2)0.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-1.65%
Max Revenue beat(4)0.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)-0.44%
Revenue beat(16)9
Avg Revenue beat(16)0.69%
PT rev (1m)0.03%
PT rev (3m)-11.79%
EPS NQ rev (1m)0%
EPS NQ rev (3m)1.64%
EPS NY rev (1m)0.03%
EPS NY rev (3m)-3.4%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-1.12%
Revenue NY rev (1m)-0.02%
Revenue NY rev (3m)-1.44%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.42 | ||
| Fwd PE | 27.01 | ||
| P/S | 7.27 | ||
| P/FCF | 18.63 | ||
| P/OCF | 18.63 | ||
| P/B | 10.29 | ||
| P/tB | 11.4 | ||
| EV/EBITDA | 27.14 |
EPS(TTM)3.96
EY2.99%
EPS(NY)4.9
Fwd EY3.7%
FCF(TTM)7.1
FCFY5.37%
OCF(TTM)7.1
OCFY5.37%
SpS18.2
BVpS12.86
TBVpS11.6
PEG (NY)8.68
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.13% | ||
| ROE | 31.98% | ||
| ROCE | 29.91% | ||
| ROIC | 23.77% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.17% | ||
| PM (TTM) | 22.6% | ||
| GM | 71.47% | ||
| FCFM | 39.03% |
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-Score7
Asset Turnover0.45
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.46 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 170.85% | ||
| Profit Quality | 172.73% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 3.63 |
F-Score7
WACC8.72%
ROIC/WACC2.73
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)-13.54%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-41.46%
EPS Next Y3.85%
EPS Next 2Y8.92%
EPS Next 3Y11.48%
EPS Next 5Y15.47%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%6.07%
Revenue Next Year8.88%
Revenue Next 2Y9.26%
Revenue Next 3Y9.4%
Revenue Next 5Y9.74%
EBIT growth 1Y53.33%
EBIT growth 3Y67.22%
EBIT growth 5YN/A
EBIT Next Year72.96%
EBIT Next 3Y30%
EBIT Next 5Y24%
FCF growth 1Y15.67%
FCF growth 3Y27.8%
FCF growth 5Y115.5%
OCF growth 1Y14.91%
OCF growth 3Y27.31%
OCF growth 5Y82.58%