BOOKING HOLDINGS INC (BKNG) Stock Fundamental Analysis
USA - NASDAQ:BKNG - US09857L1089 - Common Stock
4991.76 USD
-38.79 (-0.77%)
4990 USD
-1.76 (-0.04%)
Taking everything into account, BKNG scores 6 out of 10 in our fundamental rating. BKNG was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. BKNG gets an excellent profitability rating and is at the same time showing great financial health properties. BKNG is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes BKNG very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
In the past year BKNG was profitable.
In the past year BKNG had a positive cash flow from operations.
In the past 5 years BKNG has always been profitable.
In the past 5 years BKNG always reported a positive cash flow from operatings.
1.2 Ratios
BKNG's Return On Assets of 17.54% is amongst the best of the industry. BKNG outperforms 96.21% of its industry peers.
Looking at the Return On Invested Capital, with a value of 58.48%, BKNG belongs to the top of the industry, outperforming 98.48% 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 10.76%.
The last Return On Invested Capital (58.48%) for BKNG is above the 3 year average (39.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.54% | ||
| ROE | N/A | ||
| ROIC | 58.48% |
ROA(3y)16.97%
ROA(5y)11.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.14%
ROIC(5y)26.17%
1.3 Margins
Looking at the Profit Margin, with a value of 19.37%, BKNG belongs to the top of the industry, outperforming 92.42% of the companies in the same industry.
In the last couple of years the Profit Margin of BKNG has declined.
The Operating Margin of BKNG (35.29%) is better than 98.48% of its industry peers.
In the last couple of years the Operating Margin of BKNG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 35.29% | ||
| PM (TTM) | 19.37% | ||
| GM | N/A |
OM growth 3Y13.4%
OM growth 5Y-1.21%
PM growth 3Y32.58%
PM growth 5Y-5.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is well above the Cost of Capital (WACC), so BKNG is creating value.
Compared to 1 year ago, BKNG has less shares outstanding
The number of shares outstanding for BKNG has been reduced compared to 5 years ago.
BKNG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 7.03 indicates that BKNG is not in any danger for bankruptcy at the moment.
BKNG's Altman-Z score of 7.03 is amongst the best of the industry. BKNG outperforms 90.15% of its industry peers.
The Debt to FCF ratio of BKNG is 2.04, which is a good value as it means it would take BKNG, 2.04 years of fcf income to pay off all of its debts.
With an excellent Debt to FCF ratio value of 2.04, BKNG belongs to the best of the industry, outperforming 84.85% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.04 | ||
| Altman-Z | 7.03 |
ROIC/WACC6.94
WACC8.43%
2.3 Liquidity
A Current Ratio of 1.33 indicates that BKNG should not have too much problems paying its short term obligations.
BKNG's Current ratio of 1.33 is fine compared to the rest of the industry. BKNG outperforms 64.39% of its industry peers.
BKNG has a Quick Ratio of 1.33. This is a normal value and indicates that BKNG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.33, BKNG is in the better half of the industry, outperforming 67.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.18% over the past year.
BKNG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 12.66% yearly.
The Revenue has grown by 12.96% 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 9.52% yearly.
EPS 1Y (TTM)24.18%
EPS 3Y60.13%
EPS 5Y12.66%
EPS Q2Q%18.61%
Revenue 1Y (TTM)12.96%
Revenue growth 3Y29.39%
Revenue growth 5Y9.52%
Sales Q2Q%12.68%
3.2 Future
Based on estimates for the next years, BKNG will show a quite strong growth in Earnings Per Share. The EPS will grow by 16.53% on average per year.
BKNG is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.08% yearly.
EPS Next Y22.74%
EPS Next 2Y19.8%
EPS Next 3Y18.48%
EPS Next 5Y16.53%
Revenue Next Year13.66%
Revenue Next 2Y11.3%
Revenue Next 3Y10.32%
Revenue Next 5Y9.08%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
BKNG is valuated rather expensively with a Price/Earnings ratio of 22.56.
Based on the Price/Earnings ratio, BKNG is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 26.03, BKNG is valued at the same level.
Based on the Price/Forward Earnings ratio of 18.53, the valuation of BKNG can be described as rather expensive.
Based on the Price/Forward Earnings ratio, BKNG is valued a bit cheaper than the industry average as 63.64% of the companies are valued more expensively.
BKNG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.27, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.56 | ||
| Fwd PE | 18.53 |
4.2 Price Multiples
62.12% of the companies in the same industry are cheaper than BKNG, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BKNG indicates a somewhat cheap valuation: BKNG is cheaper than 71.97% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.46 | ||
| EV/EBITDA | 16.65 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap 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 18.48% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.99
PEG (5Y)1.78
EPS Next 2Y19.8%
EPS Next 3Y18.48%
5. Dividend
5.1 Amount
BKNG has a yearly dividend return of 0.77%, which is pretty low.
Compared to an average industry Dividend Yield of 4.11, BKNG pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.77, BKNG pays less dividend than the S&P500 average, which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
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
BKNG pays out 24.39% of its income as dividend. This is a sustainable payout ratio.
DP24.39%
EPS Next 2Y19.8%
EPS Next 3Y18.48%
4991.76
-38.79 (-0.77%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96%
Inst Owner Change-0.18%
Ins Owners0.16%
Ins Owner Change-5.6%
Market Cap161.78B
Revenue(TTM)26.04B
Net Income(TTM)5.04B
Analysts77.45
Price Target6226.9 (24.74%)
Short Float %1.99%
Short Ratio2.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.77% |
Yearly Dividend34.87
Dividend Growth(5Y)N/A
DP24.39%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.07%
Min EPS beat(2)1.98%
Max EPS beat(2)8.15%
EPS beat(4)4
Avg EPS beat(4)15.89%
Min EPS beat(4)1.98%
Max EPS beat(4)40.35%
EPS beat(8)8
Avg EPS beat(8)15.46%
EPS beat(12)12
Avg EPS beat(12)14.36%
EPS beat(16)16
Avg EPS beat(16)32.72%
Revenue beat(2)2
Avg Revenue beat(2)1.47%
Min Revenue beat(2)1.28%
Max Revenue beat(2)1.66%
Revenue beat(4)4
Avg Revenue beat(4)2.05%
Min Revenue beat(4)1.28%
Max Revenue beat(4)3.52%
Revenue beat(8)6
Avg Revenue beat(8)1.49%
Revenue beat(12)8
Avg Revenue beat(12)1.23%
Revenue beat(16)11
Avg Revenue beat(16)1.19%
PT rev (1m)0.86%
PT rev (3m)9.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.38%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.53%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.56 | ||
| Fwd PE | 18.53 | ||
| P/S | 6.21 | ||
| P/FCF | 19.46 | ||
| P/OCF | 18.72 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 16.65 |
EPS(TTM)221.26
EY4.43%
EPS(NY)269.41
Fwd EY5.4%
FCF(TTM)256.56
FCFY5.14%
OCF(TTM)266.58
OCFY5.34%
SpS803.42
BVpS-146.13
TBVpS-258.13
PEG (NY)0.99
PEG (5Y)1.78
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.54% | ||
| ROE | N/A | ||
| ROCE | 73.6% | ||
| ROIC | 58.48% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 35.29% | ||
| PM (TTM) | 19.37% | ||
| GM | N/A | ||
| FCFM | 31.93% |
ROA(3y)16.97%
ROA(5y)11.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.14%
ROIC(5y)26.17%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)49.26%
ROCE(5y)32.93%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y13.4%
OM growth 5Y-1.21%
PM growth 3Y32.58%
PM growth 5Y-5.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.91
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.04 | ||
| Debt/EBITDA | 1.63 | ||
| Cap/Depr | 51.67% | ||
| Cap/Sales | 1.25% | ||
| Interest Coverage | 8.47 | ||
| Cash Conversion | 87.99% | ||
| Profit Quality | 164.85% | ||
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 | ||
| Altman-Z | 7.03 |
F-Score6
WACC8.43%
ROIC/WACC6.94
Cap/Depr(3y)74.21%
Cap/Depr(5y)71.46%
Cap/Sales(3y)1.86%
Cap/Sales(5y)2.51%
Profit Quality(3y)166.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.18%
EPS 3Y60.13%
EPS 5Y12.66%
EPS Q2Q%18.61%
EPS Next Y22.74%
EPS Next 2Y19.8%
EPS Next 3Y18.48%
EPS Next 5Y16.53%
Revenue 1Y (TTM)12.96%
Revenue growth 3Y29.39%
Revenue growth 5Y9.52%
Sales Q2Q%12.68%
Revenue Next Year13.66%
Revenue Next 2Y11.3%
Revenue Next 3Y10.32%
Revenue Next 5Y9.08%
EBIT growth 1Y42.79%
EBIT growth 3Y46.73%
EBIT growth 5Y8.2%
EBIT Next Year28.03%
EBIT Next 3Y16.75%
EBIT Next 5Y14.55%
FCF growth 1Y5.99%
FCF growth 3Y46.4%
FCF growth 5Y11.91%
OCF growth 1Y5.74%
OCF growth 3Y43.44%
OCF growth 5Y11.34%
BOOKING HOLDINGS INC / BKNG FAQ
What is the ChartMill fundamental rating of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BKNG.
What is the valuation status of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a valuation rating of 4 / 10 to BOOKING HOLDINGS INC (BKNG). This can be considered as Fairly Valued.
What is the profitability of BKNG stock?
BOOKING HOLDINGS INC (BKNG) has a profitability rating of 7 / 10.
What is the valuation of BOOKING HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BOOKING HOLDINGS INC (BKNG) is 22.56 and the Price/Book (PB) ratio is -34.16.
How sustainable is the dividend of BOOKING HOLDINGS INC (BKNG) stock?
The dividend rating of BOOKING HOLDINGS INC (BKNG) is 2 / 10 and the dividend payout ratio is 24.39%.