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 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. This makes ABNB very considerable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year ABNB was profitable.
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.
ABNB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ABNB has a better Return On Assets (12.63%) than 88.55% of its industry peers.
ABNB has a Return On Equity of 31.48%. This is amongst the best in the industry. ABNB outperforms 85.50% of its industry peers.
The Return On Invested Capital of ABNB (18.80%) is better than 91.60% of its industry peers.
The Average Return On Invested Capital over the past 3 years for ABNB is significantly above the industry average of 10.79%.
The last Return On Invested Capital (18.80%) for ABNB is above the 3 year average (16.24%), which is a sign of increasing profitability.
| 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
Looking at the Profit Margin, with a value of 23.85%, ABNB belongs to the top of the industry, outperforming 97.71% of the companies in the same industry.
The Operating Margin of ABNB (23.00%) is better than 84.73% of its industry peers.
In the last couple of years the Operating Margin of ABNB has grown nicely.
The Gross Margin of ABNB (71.54%) is better than 87.02% of its industry peers.
In the last couple of years the Gross Margin of ABNB has grown nicely.
| 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
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so ABNB 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 5.69 indicates that ABNB is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 5.69, ABNB belongs to the best of the industry, outperforming 87.79% of the companies in the same industry.
ABNB has a debt to FCF ratio of 0.44. This is a very positive value and a sign of high solvency as it would only need 0.44 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.44, ABNB belongs to the top of the industry, outperforming 91.60% of the companies in the same industry.
A Debt/Equity ratio of 0.24 indicates that ABNB is not too dependend on debt financing.
The Debt to Equity ratio of ABNB (0.24) is better than 77.86% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.24 | ||
| Debt/FCF | 0.44 | ||
| Altman-Z | 5.69 |
ROIC/WACC2.01
WACC9.34%
2.3 Liquidity
ABNB has a Current 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.
With a decent Current ratio value of 1.69, ABNB is doing good in the industry, outperforming 77.86% of the companies in the same industry.
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
The earnings per share for ABNB have decreased by -5.06% in the last year.
ABNB shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 289.30% yearly.
Looking at the last year, ABNB shows a quite strong growth in Revenue. The Revenue has grown by 11.95% in the last year.
ABNB shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 18.23% yearly.
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.
Based on estimates for the next years, ABNB will show a quite strong growth in Revenue. The Revenue will grow by 10.93% on average per year.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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.
ABNB's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 29.63, ABNB is valued at the same level.
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.
ABNB's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 22.68.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.37 | ||
| Fwd PE | 32.94 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ABNB indicates a slightly more expensive valuation: ABNB is more expensive than 75.57% of the companies listed 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 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 ABNB does not grow enough to justify the current Price/Earnings ratio.
ABNB has an outstanding profitability rating, which may justify a higher PE ratio.
ABNB's earnings are expected to grow with 13.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.79
PEG (5Y)N/A
EPS Next 2Y11.43%
EPS Next 3Y13.81%
5. Dividend
5.1 Amount
No dividends for ABNB!.
| 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
WACC9.34%
ROIC/WACC2.01
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%