BOOKING HOLDINGS INC (PCE1.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:PCE1 - US09857L1089 - Common Stock
4284 EUR
-8 (-0.19%)
PCE1 gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 62 industry peers in the Hotels, Restaurants & Leisure industry. PCE1 scores excellent points on both the profitability and health parts. This is a solid base for a good stock. PCE1 is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! This makes PCE1 very considerable for growth and quality investing!
1. Profitability
1.1 Basic Checks
- PCE1 had positive earnings in the past year.
- In the past year PCE1 had a positive cash flow from operations.
- Each year in the past 5 years PCE1 has been profitable.
- In the past 5 years PCE1 always reported a positive cash flow from operatings.
1.2 Ratios
- Looking at the Return On Assets, with a value of 17.54%, PCE1 belongs to the top of the industry, outperforming 96.77% of the companies in the same industry.
- PCE1 has a better Return On Invested Capital (58.48%) than 100.00% of its industry peers.
- PCE1 had an Average Return On Invested Capital over the past 3 years of 39.14%. This is significantly above the industry average of 12.01%.
- The 3 year average ROIC (39.14%) for PCE1 is below the current ROIC(58.48%), indicating increased profibility in the last year.
| 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
- PCE1's Profit Margin of 19.37% is amongst the best of the industry. PCE1 outperforms 88.71% of its industry peers.
- In the last couple of years the Profit Margin of PCE1 has declined.
- With an excellent Operating Margin value of 35.29%, PCE1 belongs to the best of the industry, outperforming 95.16% of the companies in the same industry.
- In the last couple of years the Operating Margin of PCE1 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
- PCE1 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 PCE1 has been reduced compared to 1 year ago.
- The number of shares outstanding for PCE1 has been reduced compared to 5 years ago.
- The debt/assets ratio for PCE1 is higher compared to a year ago.
2.2 Solvency
- An Altman-Z score of 7.07 indicates that PCE1 is not in any danger for bankruptcy at the moment.
- PCE1 has a Altman-Z score of 7.07. This is amongst the best in the industry. PCE1 outperforms 96.77% of its industry peers.
- PCE1 has a debt to FCF ratio of 2.04. This is a good value and a sign of high solvency as PCE1 would need 2.04 years to pay back of all of its debts.
- PCE1 has a better Debt to FCF ratio (2.04) than 79.03% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.04 | ||
| Altman-Z | 7.07 |
ROIC/WACC6.91
WACC8.46%
2.3 Liquidity
- A Current Ratio of 1.33 indicates that PCE1 should not have too much problems paying its short term obligations.
- PCE1's Current ratio of 1.33 is amongst the best of the industry. PCE1 outperforms 80.65% of its industry peers.
- PCE1 has a Quick Ratio of 1.33. This is a normal value and indicates that PCE1 is financially healthy and should not expect problems in meeting its short term obligations.
- PCE1's Quick ratio of 1.33 is amongst the best of the industry. PCE1 outperforms 80.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.33 | ||
| Quick Ratio | 1.33 |
3. Growth
3.1 Past
- PCE1 shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 24.18%, which is quite impressive.
- Measured over the past years, PCE1 shows a quite strong growth in Earnings Per Share. The EPS has been growing by 12.66% on average per year.
- The Revenue has grown by 12.96% in the past year. This is quite good.
- PCE1 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
- PCE1 is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.61% yearly.
- Based on estimates for the next years, PCE1 will show a quite strong growth in Revenue. The Revenue will grow by 9.39% on average per year.
EPS Next Y21.87%
EPS Next 2Y20.4%
EPS Next 3Y18.85%
EPS Next 5Y17.61%
Revenue Next Year13.74%
Revenue Next 2Y11.41%
Revenue Next 3Y10.5%
Revenue Next 5Y9.39%
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
- The Price/Earnings ratio is 23.10, which indicates a rather expensive current valuation of PCE1.
- 62.90% of the companies in the same industry are more expensive than PCE1, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 28.82, PCE1 is valued at the same level.
- With a Price/Forward Earnings ratio of 18.78, PCE1 is valued on the expensive side.
- Based on the Price/Forward Earnings ratio, PCE1 is valued a bit cheaper than the industry average as 66.13% of the companies are valued more expensively.
- When comparing the Price/Forward Earnings ratio of PCE1 to the average of the S&P500 Index (25.95), we can say PCE1 is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.1 | ||
| Fwd PE | 18.78 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of PCE1 is on the same level as its industry peers.
- The rest of the industry has a similar Price/Free Cash Flow ratio as PCE1.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 19.81 | ||
| EV/EBITDA | 16.86 |
4.3 Compensation for Growth
- PCE1's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The decent profitability rating of PCE1 may justify a higher PE ratio.
- PCE1's earnings are expected to grow with 18.85% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.06
PEG (5Y)1.82
EPS Next 2Y20.4%
EPS Next 3Y18.85%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.75%, PCE1 is not a good candidate for dividend investing.
- PCE1's Dividend Yield is comparable with the industry average which is at 1.36.
- Compared to an average S&P500 Dividend Yield of 1.82, PCE1's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.75% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
- PCE1 pays out 24.39% of its income as dividend. This is a sustainable payout ratio.
DP24.39%
EPS Next 2Y20.4%
EPS Next 3Y18.85%
BOOKING HOLDINGS INC / PCE1.DE FAQ
Can you provide the ChartMill fundamental rating for BOOKING HOLDINGS INC?
ChartMill assigns a fundamental rating of 6 / 10 to PCE1.DE.
What is the valuation status of BOOKING HOLDINGS INC (PCE1.DE) stock?
ChartMill assigns a valuation rating of 4 / 10 to BOOKING HOLDINGS INC (PCE1.DE). This can be considered as Fairly Valued.
How profitable is BOOKING HOLDINGS INC (PCE1.DE) stock?
BOOKING HOLDINGS INC (PCE1.DE) has a profitability rating of 7 / 10.
Can you provide the expected EPS growth for PCE1 stock?
The Earnings per Share (EPS) of BOOKING HOLDINGS INC (PCE1.DE) is expected to grow by 21.87% in the next year.
How sustainable is the dividend of BOOKING HOLDINGS INC (PCE1.DE) stock?
The dividend rating of BOOKING HOLDINGS INC (PCE1.DE) is 2 / 10 and the dividend payout ratio is 24.39%.