TRIP.COM GROUP LTD-ADR (TCOM) Stock Fundamental Analysis
USA - NASDAQ:TCOM - US89677Q1076 - ADR
73.87 USD
-0.96 (-1.28%)
74.2 USD
+0.33 (+0.45%)
TCOM gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 134 industry peers in the Hotels, Restaurants & Leisure industry. While TCOM has a great profitability rating, there are quite some concerns on its financial health. TCOM is valued quite expensive, but it does show an excellent growth.
1. Profitability
1.1 Basic Checks
In the past year TCOM was profitable.
In multiple years TCOM reported negative net income over the last 5 years.
TCOM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
TCOM has a better Return On Assets (6.87%) than 76.12% of its industry peers.
TCOM has a Return On Equity of 11.67%. This is in the better half of the industry: TCOM outperforms 68.66% of its industry peers.
TCOM has a better Return On Invested Capital (7.10%) than 61.94% of its industry peers.
TCOM had an Average Return On Invested Capital over the past 3 years of 4.09%. This is significantly below the industry average of 15.68%.
The last Return On Invested Capital (7.10%) for TCOM is above the 3 year average (4.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.67% | ||
| ROIC | 7.1% |
ROA(3y)4.1%
ROA(5y)2.05%
ROE(3y)7.11%
ROE(5y)3.52%
ROIC(3y)4.09%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 30.85%, TCOM belongs to the best of the industry, outperforming 98.51% of the companies in the same industry.
TCOM's Profit Margin has improved in the last couple of years.
With an excellent Operating Margin value of 26.12%, TCOM belongs to the best of the industry, outperforming 93.28% of the companies in the same industry.
In the last couple of years the Operating Margin of TCOM has grown nicely.
The Gross Margin of TCOM (81.06%) is better than 94.03% of its industry peers.
TCOM's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.12% | ||
| PM (TTM) | 30.85% | ||
| GM | 81.06% |
OM growth 3YN/A
OM growth 5Y13.49%
PM growth 3YN/A
PM growth 5Y10.25%
GM growth 3Y1.79%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
TCOM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, TCOM has more shares outstanding
The number of shares outstanding for TCOM has been increased compared to 5 years ago.
Compared to 1 year ago, TCOM has an improved debt to assets ratio.
2.2 Solvency
A Debt/Equity ratio of 0.13 indicates that TCOM is not too dependend on debt financing.
The Debt to Equity ratio of TCOM (0.13) is better than 79.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.88
WACC8.1%
2.3 Liquidity
A Current Ratio of 1.46 indicates that TCOM should not have too much problems paying its short term obligations.
TCOM has a better Current ratio (1.46) than 72.39% of its industry peers.
TCOM has a Quick Ratio of 1.46. This is a normal value and indicates that TCOM is financially healthy and should not expect problems in meeting its short term obligations.
TCOM's Quick ratio of 1.46 is fine compared to the rest of the industry. TCOM outperforms 76.12% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 12.95% over the past year.
The Earnings Per Share has been growing by 21.30% on average over the past years. This is a very strong growth
Looking at the last year, TCOM shows a quite strong growth in Revenue. The Revenue has grown by 19.73% in the last year.
Measured over the past years, TCOM shows a quite strong growth in Revenue. The Revenue has been growing by 8.36% on average per year.
EPS 1Y (TTM)12.95%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.69%
Revenue 1Y (TTM)19.73%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.23%
3.2 Future
Based on estimates for the next years, TCOM will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.65% on average per year.
The Revenue is expected to grow by 12.60% on average over the next years. This is quite good.
EPS Next Y-1.23%
EPS Next 2Y6.51%
EPS Next 3Y9.76%
EPS Next 5Y12.65%
Revenue Next Year15.75%
Revenue Next 2Y14.75%
Revenue Next 3Y14.32%
Revenue Next 5Y12.6%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.61, which indicates a rather expensive current valuation of TCOM.
70.90% of the companies in the same industry are more expensive than TCOM, based on the Price/Earnings ratio.
TCOM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.30.
TCOM is valuated correctly with a Price/Forward Earnings ratio of 16.33.
Based on the Price/Forward Earnings ratio, TCOM is valued a bit cheaper than 69.40% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.73, TCOM is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 16.33 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TCOM is valued a bit more expensive than 71.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 25.49 |
4.3 Compensation for Growth
TCOM has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.87
EPS Next 2Y6.51%
EPS Next 3Y9.76%
5. Dividend
5.1 Amount
With a yearly dividend of 0.42%, TCOM is not a good candidate for dividend investing.
TCOM's Dividend Yield is a higher than the industry average which is at 4.01.
With a Dividend Yield of 0.42, TCOM pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
5.2 History
TCOM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y6.51%
EPS Next 3Y9.76%
73.87
-0.96 (-1.28%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners34.69%
Inst Owner Change-31.3%
Ins Owners1.18%
Ins Owner ChangeN/A
Market Cap48.10B
Analysts86.9
Price Target75.7 (2.48%)
Short Float %1.8%
Short Ratio3.7
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.42% |
Yearly DividendN/A
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)7.57%
Min EPS beat(2)4.7%
Max EPS beat(2)10.44%
EPS beat(4)4
Avg EPS beat(4)18.59%
Min EPS beat(4)4.7%
Max EPS beat(4)35.25%
EPS beat(8)8
Avg EPS beat(8)27.33%
EPS beat(12)11
Avg EPS beat(12)42.83%
EPS beat(16)15
Avg EPS beat(16)120.8%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)1.56%
Revenue beat(4)1
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)1.56%
Revenue beat(8)3
Avg Revenue beat(8)-0.27%
Revenue beat(12)7
Avg Revenue beat(12)2.12%
Revenue beat(16)11
Avg Revenue beat(16)2.45%
PT rev (1m)-0.29%
PT rev (3m)-0.7%
EPS NQ rev (1m)0.19%
EPS NQ rev (3m)-2.42%
EPS NY rev (1m)-0.01%
EPS NY rev (3m)-0.93%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.61 | ||
| Fwd PE | 16.33 | ||
| P/S | 6.21 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.35 | ||
| P/tB | 4.76 | ||
| EV/EBITDA | 25.49 |
EPS(TTM)3.97
EY5.37%
EPS(NY)4.52
Fwd EY6.12%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS11.9
BVpS31.47
TBVpS15.53
PEG (NY)N/A
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.67% | ||
| ROCE | 8.44% | ||
| ROIC | 7.1% | ||
| ROICexc | 7.1% | ||
| ROICexgc | 12.51% | ||
| OM | 26.12% | ||
| PM (TTM) | 30.85% | ||
| GM | 81.06% | ||
| FCFM | N/A |
ROA(3y)4.1%
ROA(5y)2.05%
ROE(3y)7.11%
ROE(5y)3.52%
ROIC(3y)4.09%
ROIC(5y)N/A
ROICexc(3y)6.72%
ROICexc(5y)N/A
ROICexgc(3y)21.27%
ROICexgc(5y)N/A
ROCE(3y)5.4%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y27.19%
ROICexc growth 3YN/A
ROICexc growth 5Y23.82%
OM growth 3YN/A
OM growth 5Y13.49%
PM growth 3YN/A
PM growth 5Y10.25%
GM growth 3Y1.79%
GM growth 5Y0.48%
F-ScoreN/A
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC8.1%
ROIC/WACC0.88
Cap/Depr(3y)66.85%
Cap/Depr(5y)60.02%
Cap/Sales(3y)1.65%
Cap/Sales(5y)2.14%
Profit Quality(3y)160%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.95%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.69%
EPS Next Y-1.23%
EPS Next 2Y6.51%
EPS Next 3Y9.76%
EPS Next 5Y12.65%
Revenue 1Y (TTM)19.73%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.23%
Revenue Next Year15.75%
Revenue Next 2Y14.75%
Revenue Next 3Y14.32%
Revenue Next 5Y12.6%
EBIT growth 1Y16.35%
EBIT growth 3YN/A
EBIT growth 5Y22.98%
EBIT Next Year13.49%
EBIT Next 3Y16.59%
EBIT Next 5Y17.42%
FCF growth 1Y-11.05%
FCF growth 3Y115.38%
FCF growth 5Y23.98%
OCF growth 1Y-10.81%
OCF growth 3Y99.41%
OCF growth 5Y21.76%