EXPEDIA GROUP INC (EXPE) Stock Fundamental Analysis
USA - NASDAQ:EXPE - US30212P3038 - Common Stock
214.76 USD
+1.19 (+0.56%)
214.76 USD
0 (0%)
Overall EXPE gets a fundamental rating of 5 out of 10. We evaluated EXPE against 135 industry peers in the Hotels, Restaurants & Leisure industry. EXPE scores excellent on profitability, but there are concerns on its financial health. EXPE is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
EXPE had positive earnings in the past year.
EXPE had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: EXPE reported negative net income in multiple years.
Of the past 5 years EXPE 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 4.10%, EXPE is doing good in the industry, outperforming 60.74% of the companies in the same industry.
Looking at the Return On Equity, with a value of 132.42%, EXPE belongs to the top of the industry, outperforming 98.52% of the companies in the same industry.
EXPE has a Return On Invested Capital of 17.00%. This is amongst the best in the industry. EXPE outperforms 85.93% of its industry peers.
EXPE had an Average Return On Invested Capital over the past 3 years of 10.99%. This is in line with the industry average of 10.67%.
The 3 year average ROIC (10.99%) for EXPE is below the current ROIC(17.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.1% | ||
| ROE | 132.42% | ||
| ROIC | 17% |
ROA(3y)3.61%
ROA(5y)-0.96%
ROE(3y)48.88%
ROE(5y)5.49%
ROIC(3y)10.99%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 7.90%, EXPE is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of EXPE has grown nicely.
Looking at the Operating Margin, with a value of 12.15%, EXPE is in the better half of the industry, outperforming 65.19% of the companies in the same industry.
In the last couple of years the Operating Margin of EXPE has grown nicely.
Looking at the Gross Margin, with a value of 89.58%, EXPE belongs to the top of the industry, outperforming 97.78% of the companies in the same industry.
EXPE's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 12.15% | ||
| PM (TTM) | 7.9% | ||
| GM | 89.58% |
OM growth 3Y58.59%
OM growth 5Y8.82%
PM growth 3YN/A
PM growth 5Y14%
GM growth 3Y2.82%
GM growth 5Y1.74%
2. Health
2.1 Basic Checks
EXPE has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for EXPE has been reduced compared to 1 year ago.
Compared to 5 years ago, EXPE has less shares outstanding
EXPE has a better debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 1.15, we must say that EXPE is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.15, EXPE is not doing good in the industry: 63.70% of the companies in the same industry are doing better.
EXPE has a debt to FCF ratio of 3.11. This is a good value and a sign of high solvency as EXPE would need 3.11 years to pay back of all of its debts.
EXPE has a Debt to FCF ratio of 3.11. This is in the better half of the industry: EXPE outperforms 80.00% of its industry peers.
A Debt/Equity ratio of 5.34 is on the high side and indicates that EXPE has dependencies on debt financing.
The Debt to Equity ratio of EXPE (5.34) is worse than 60.74% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.34 | ||
| Debt/FCF | 3.11 | ||
| Altman-Z | 1.15 |
ROIC/WACC2.26
WACC7.53%
2.3 Liquidity
A Current Ratio of 0.75 indicates that EXPE may have some problems paying its short term obligations.
EXPE has a Current ratio of 0.75. This is in the lower half of the industry: EXPE underperforms 61.48% of its industry peers.
EXPE has a Quick Ratio of 0.75. This is a bad value and indicates that EXPE is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.75, EXPE is in line with its industry, outperforming 43.70% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 |
3. Growth
3.1 Past
EXPE shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 21.29%, which is quite impressive.
Measured over the past years, EXPE shows a quite strong growth in Earnings Per Share. The EPS has been growing by 14.87% on average per year.
Looking at the last year, EXPE shows a small growth in Revenue. The Revenue has grown by 5.69% in the last year.
Measured over the past years, EXPE shows a small growth in Revenue. The Revenue has been growing by 2.56% on average per year.
EPS 1Y (TTM)21.29%
EPS 3Y104.08%
EPS 5Y14.87%
EPS Q2Q%20.8%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y16.77%
Revenue growth 5Y2.56%
Sales Q2Q%6.41%
3.2 Future
The Earnings Per Share is expected to grow by 15.50% on average over the next years. This is quite good.
The Revenue is expected to grow by 6.25% on average over the next years.
EPS Next Y15.66%
EPS Next 2Y17.97%
EPS Next 3Y17.69%
EPS Next 5Y15.5%
Revenue Next Year5.46%
Revenue Next 2Y5.96%
Revenue Next 3Y6.51%
Revenue Next 5Y6.25%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 16.32, which indicates a correct valuation of EXPE.
EXPE's Price/Earnings ratio is a bit cheaper when compared to the industry. EXPE is cheaper than 76.30% of the companies in the same industry.
EXPE is valuated rather cheaply when we compare the Price/Earnings ratio to 27.40, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 12.61, which indicates a correct valuation of EXPE.
Based on the Price/Forward Earnings ratio, EXPE is valued a bit cheaper than the industry average as 77.78% of the companies are valued more expensively.
When comparing the Price/Forward Earnings ratio of EXPE to the average of the S&P500 Index (22.94), we can say EXPE is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.32 | ||
| Fwd PE | 12.61 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, EXPE is valued a bit cheaper than 65.93% of the companies in the same industry.
85.19% of the companies in the same industry are more expensive than EXPE, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.31 | ||
| EV/EBITDA | 9.97 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
EXPE has an outstanding profitability rating, which may justify a higher PE ratio.
A more expensive valuation may be justified as EXPE's earnings are expected to grow with 17.69% in the coming years.
PEG (NY)1.04
PEG (5Y)1.1
EPS Next 2Y17.97%
EPS Next 3Y17.69%
5. Dividend
5.1 Amount
EXPE has a yearly dividend return of 0.75%, which is pretty low.
Compared to an average industry Dividend Yield of 6.99, EXPE pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, EXPE's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
5.2 History
EXPE has paid a dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y17.97%
EPS Next 3Y17.69%
214.76
+1.19 (+0.56%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners102.64%
Inst Owner Change0.06%
Ins Owners0.51%
Ins Owner Change0.25%
Market Cap26.57B
Analysts72.09
Price Target227.5 (5.93%)
Short Float %5.19%
Short Ratio3.47
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
Yearly Dividend0
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)11.21%
Min EPS beat(2)1.46%
Max EPS beat(2)20.96%
EPS beat(4)3
Avg EPS beat(4)9.14%
Min EPS beat(4)-0.95%
Max EPS beat(4)20.96%
EPS beat(8)7
Avg EPS beat(8)30.51%
EPS beat(12)8
Avg EPS beat(12)-12.48%
EPS beat(16)12
Avg EPS beat(16)3.75%
Revenue beat(2)1
Avg Revenue beat(2)-1.36%
Min Revenue beat(2)-2.83%
Max Revenue beat(2)0.11%
Revenue beat(4)2
Avg Revenue beat(4)-1.07%
Min Revenue beat(4)-3.22%
Max Revenue beat(4)1.66%
Revenue beat(8)3
Avg Revenue beat(8)-0.81%
Revenue beat(12)3
Avg Revenue beat(12)-1.4%
Revenue beat(16)5
Avg Revenue beat(16)-0.63%
PT rev (1m)0.34%
PT rev (3m)18.42%
EPS NQ rev (1m)0%
EPS NQ rev (3m)2.44%
EPS NY rev (1m)-2.02%
EPS NY rev (3m)0.07%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.15%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.18%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.32 | ||
| Fwd PE | 12.61 | ||
| P/S | 1.9 | ||
| P/FCF | 13.31 | ||
| P/OCF | 9.56 | ||
| P/B | 31.78 | ||
| P/tB | N/A | ||
| EV/EBITDA | 9.97 |
EPS(TTM)13.16
EY6.13%
EPS(NY)17.04
Fwd EY7.93%
FCF(TTM)16.14
FCFY7.52%
OCF(TTM)22.45
OCFY10.46%
SpS113.3
BVpS6.76
TBVpS-55.12
PEG (NY)1.04
PEG (5Y)1.1
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.1% | ||
| ROE | 132.42% | ||
| ROCE | 23.13% | ||
| ROIC | 17% | ||
| ROICexc | 181.1% | ||
| ROICexgc | N/A | ||
| OM | 12.15% | ||
| PM (TTM) | 7.9% | ||
| GM | 89.58% | ||
| FCFM | 14.25% |
ROA(3y)3.61%
ROA(5y)-0.96%
ROE(3y)48.88%
ROE(5y)5.49%
ROIC(3y)10.99%
ROIC(5y)N/A
ROICexc(3y)20.29%
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)14.96%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3Y125.83%
ROICexc growth 5Y22.57%
OM growth 3Y58.59%
OM growth 5Y8.82%
PM growth 3YN/A
PM growth 5Y14%
GM growth 3Y2.82%
GM growth 5Y1.74%
F-Score8
Asset Turnover0.52
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.34 | ||
| Debt/FCF | 3.11 | ||
| Debt/EBITDA | 1.74 | ||
| Cap/Depr | 90.29% | ||
| Cap/Sales | 5.57% | ||
| Interest Coverage | 7.92 | ||
| Cash Conversion | 108.18% | ||
| Profit Quality | 180.4% | ||
| Current Ratio | 0.75 | ||
| Quick Ratio | 0.75 | ||
| Altman-Z | 1.15 |
F-Score8
WACC7.53%
ROIC/WACC2.26
Cap/Depr(3y)92.88%
Cap/Depr(5y)87.19%
Cap/Sales(3y)5.93%
Cap/Sales(5y)8.19%
Profit Quality(3y)403.1%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)21.29%
EPS 3Y104.08%
EPS 5Y14.87%
EPS Q2Q%20.8%
EPS Next Y15.66%
EPS Next 2Y17.97%
EPS Next 3Y17.69%
EPS Next 5Y15.5%
Revenue 1Y (TTM)5.69%
Revenue growth 3Y16.77%
Revenue growth 5Y2.56%
Sales Q2Q%6.41%
Revenue Next Year5.46%
Revenue Next 2Y5.96%
Revenue Next 3Y6.51%
Revenue Next 5Y6.25%
EBIT growth 1Y7.31%
EBIT growth 3Y85.19%
EBIT growth 5Y11.61%
EBIT Next Year138.56%
EBIT Next 3Y42.43%
EBIT Next 5Y27.05%
FCF growth 1Y-13.96%
FCF growth 3Y-8.85%
FCF growth 5Y7.7%
OCF growth 1Y-11.08%
OCF growth 3Y-6.28%
OCF growth 5Y2.2%