BOOKING HOLDINGS INC (BKNG)
US09857L1089 - Common Stock
We assign a fundamental rating of 6 out of 10 to BKNG. BKNG was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. BKNG scores excellent points on both the profitability and health parts. This is a solid base for a good stock. BKNG is growing strongly while it is still valued neutral. This is a good combination! These ratings could make BKNG a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
BKNG had positive earnings in the past year.
BKNG had a positive operating cash flow in the past year.
BKNG had positive earnings in each of the past 5 years.
BKNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With an excellent Return On Assets value of 18.00%, BKNG belongs to the best of the industry, outperforming 96.99% of the companies in the same industry.
With an excellent Return On Invested Capital value of 44.48%, BKNG belongs to the best of the industry, outperforming 98.50% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for BKNG is significantly above the industry average of 10.54%.
The 3 year average ROIC (25.12%) for BKNG is below the current ROIC(44.48%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18% | ||
| ROE | N/A | ||
| ROIC | 44.48% |
ROA(3y)11.54%
ROA(5y)11.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.12%
ROIC(5y)20.66%
1.3 Margins
BKNG has a Profit Margin of 21.85%. This is amongst the best in the industry. BKNG outperforms 96.99% of its industry peers.
In the last couple of years the Profit Margin of BKNG has declined.
With an excellent Operating Margin value of 27.92%, BKNG belongs to the best of the industry, outperforming 93.98% of the companies in the same industry.
BKNG's Operating Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.92% | ||
| PM (TTM) | 21.85% | ||
| GM | N/A |
OM growth 3Y60.06%
OM growth 5Y-5.76%
PM growth 3Y184.9%
PM growth 5Y-6.11%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BKNG 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, BKNG has less shares outstanding
Compared to 5 years ago, BKNG has less shares outstanding
BKNG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.75 indicates that BKNG is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.75, BKNG belongs to the best of the industry, outperforming 91.73% of the companies in the same industry.
BKNG has a debt to FCF ratio of 1.91. This is a very positive value and a sign of high solvency as it would only need 1.91 years to pay back of all of its debts.
BKNG has a Debt to FCF ratio of 1.91. This is amongst the best in the industry. BKNG outperforms 85.71% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 1.91 | ||
| Altman-Z | 6.75 |
ROIC/WACC5.03
WACC8.85%
2.3 Liquidity
BKNG has a Current Ratio of 1.23. This is a normal value and indicates that BKNG is financially healthy and should not expect problems in meeting its short term obligations.
The Current ratio of BKNG (1.23) is better than 61.65% of its industry peers.
A Quick Ratio of 1.23 indicates that BKNG should not have too much problems paying its short term obligations.
BKNG has a better Quick ratio (1.23) than 66.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
BKNG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.81%, which is quite impressive.
The Earnings Per Share has been growing by 10.56% on average over the past years. This is quite good.
The Revenue has grown by 11.74% in the past year. This is quite good.
BKNG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.02% yearly.
EPS 1Y (TTM)21.81%
EPS 3Y220.59%
EPS 5Y10.56%
EPS Q2Q%16%
Revenue 1Y (TTM)11.74%
Revenue growth 3Y46.49%
Revenue growth 5Y8.02%
Sales Q2Q%8.9%
3.2 Future
BKNG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.92% yearly.
BKNG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.70% yearly.
EPS Next Y21.24%
EPS Next 2Y18.01%
EPS Next 3Y16.81%
EPS Next 5Y16.92%
Revenue Next Year10.07%
Revenue Next 2Y9.38%
Revenue Next 3Y9.15%
Revenue Next 5Y8.7%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 28.75, the valuation of BKNG can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as BKNG.
BKNG is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 23.96 indicates a rather expensive valuation of BKNG.
BKNG's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.99, BKNG is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.75 | ||
| Fwd PE | 23.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BKNG is valued a bit more expensive than the industry average as 72.93% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, BKNG is valued a bit cheaper than the industry average as 75.94% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.95 | ||
| EV/EBITDA | 24.27 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BKNG has a very decent profitability rating, which may justify a higher PE ratio.
BKNG's earnings are expected to grow with 16.81% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.35
PEG (5Y)2.72
EPS Next 2Y18.01%
EPS Next 3Y16.81%
5. Dividend
5.1 Amount
With a yearly dividend of 0.70%, BKNG is not a good candidate for dividend investing.
BKNG's Dividend Yield is a higher than the industry average which is at 2.95.
With a Dividend Yield of 0.70, BKNG pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
5.2 History
BKNG is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y18.01%
EPS Next 3Y16.81%
BOOKING HOLDINGS INC
NASDAQ:BKNG (12/24/2024, 7:58:18 PM)
After market: 5122.94 0 (0%)5122.94
+59.82 (+1.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.31%
Inst Owner Change-1.56%
Ins Owners0.14%
Ins Owner Change-1.66%
Market Cap169.57B
Analysts77.33
Price Target5135.35 (0.24%)
Short Float %1.77%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.7% |
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)6.58%
Min EPS beat(2)6.1%
Max EPS beat(2)7.05%
EPS beat(4)4
Avg EPS beat(4)15.03%
Min EPS beat(4)5.07%
Max EPS beat(4)41.9%
EPS beat(8)8
Avg EPS beat(8)13.6%
EPS beat(12)12
Avg EPS beat(12)38.33%
EPS beat(16)15
Avg EPS beat(16)34.32%
Revenue beat(2)1
Avg Revenue beat(2)1.16%
Min Revenue beat(2)-0.41%
Max Revenue beat(2)2.74%
Revenue beat(4)2
Avg Revenue beat(4)0.93%
Min Revenue beat(4)-0.41%
Max Revenue beat(4)2.74%
Revenue beat(8)4
Avg Revenue beat(8)0.83%
Revenue beat(12)7
Avg Revenue beat(12)0.9%
Revenue beat(16)10
Avg Revenue beat(16)1.73%
PT rev (1m)21.39%
PT rev (3m)23.66%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)-0.22%
EPS NY rev (1m)-0.07%
EPS NY rev (3m)4.23%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.84%
Revenue NY rev (1m)0%
Revenue NY rev (3m)2.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 28.75 | ||
| Fwd PE | 23.96 | ||
| P/S | 7.36 | ||
| P/FCF | 19.95 | ||
| P/OCF | 18.95 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.27 |
EPS(TTM)178.18
EY3.48%
EPS(NY)213.81
Fwd EY4.17%
FCF(TTM)256.83
FCFY5.01%
OCF(TTM)270.33
OCFY5.28%
SpS696.44
BVpS-110.36
TBVpS-239.91
PEG (NY)1.35
PEG (5Y)2.72
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 18% | ||
| ROE | N/A | ||
| ROCE | 56.96% | ||
| ROIC | 44.48% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 27.92% | ||
| PM (TTM) | 21.85% | ||
| GM | N/A | ||
| FCFM | 36.88% |
ROA(3y)11.54%
ROA(5y)11.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.12%
ROIC(5y)20.66%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)32.16%
ROCE(5y)26.46%
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y60.06%
OM growth 5Y-5.76%
PM growth 3Y184.9%
PM growth 5Y-6.11%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 1.91 | ||
| Debt/EBITDA | 1.97 | ||
| Cap/Depr | 78.7% | ||
| Cap/Sales | 1.94% | ||
| Interest Coverage | 7.15 | ||
| Cash Conversion | 127.76% | ||
| Profit Quality | 168.81% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 6.75 |
F-Score5
WACC8.85%
ROIC/WACC5.03
Cap/Depr(3y)74.09%
Cap/Depr(5y)72.63%
Cap/Sales(3y)2.18%
Cap/Sales(5y)2.64%
Profit Quality(3y)193.81%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.81%
EPS 3Y220.59%
EPS 5Y10.56%
EPS Q2Q%16%
EPS Next Y21.24%
EPS Next 2Y18.01%
EPS Next 3Y16.81%
EPS Next 5Y16.92%
Revenue 1Y (TTM)11.74%
Revenue growth 3Y46.49%
Revenue growth 5Y8.02%
Sales Q2Q%8.9%
Revenue Next Year10.07%
Revenue Next 2Y9.38%
Revenue Next 3Y9.15%
Revenue Next 5Y8.7%
EBIT growth 1Y1.58%
EBIT growth 3Y134.48%
EBIT growth 5Y1.8%
EBIT Next Year22.08%
EBIT Next 3Y15.34%
EBIT Next 5Y13.26%
FCF growth 1Y99.27%
FCF growth 3YN/A
FCF growth 5Y7.41%
OCF growth 1Y92.02%
OCF growth 3Y342.08%
OCF growth 5Y6.59%