TRAVEL + LEISURE CO (TNL)
US8941641024 - Common Stock
Overall TNL gets a fundamental rating of 6 out of 10. We evaluated TNL against 135 industry peers in the Hotels, Restaurants & Leisure industry. TNL has an average financial health and profitability rating. A decent growth rate in combination with a cheap valuation! Better keep an eye on TNL. This makes TNL very considerable for value investing!
1. Profitability
1.1 Basic Checks
TNL had positive earnings in the past year.
In the past year TNL had a positive cash flow from operations.
Of the past 5 years TNL 4 years were profitable.
TNL had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
TNL has a better Return On Assets (6.29%) than 76.87% of its industry peers.
Looking at the Return On Invested Capital, with a value of 10.49%, TNL is in the better half of the industry, outperforming 73.13% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years for TNL is in line with the industry average of 10.46%.
The last Return On Invested Capital (10.49%) for TNL is above the 3 year average (9.59%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | N/A | ||
| ROIC | 10.49% |
ROA(3y)5.28%
ROA(5y)3.86%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.59%
ROIC(5y)8.03%
1.3 Margins
TNL has a Profit Margin of 10.99%. This is in the better half of the industry: TNL outperforms 76.87% of its industry peers.
In the last couple of years the Profit Margin of TNL has declined.
TNL's Operating Margin of 19.58% is fine compared to the rest of the industry. TNL outperforms 78.36% of its industry peers.
TNL's Operating Margin has been stable in the last couple of years.
The Gross Margin of TNL (48.75%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TNL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.58% | ||
| PM (TTM) | 10.99% | ||
| GM | 48.75% |
OM growth 3Y79.9%
OM growth 5Y0.68%
PM growth 3YN/A
PM growth 5Y-9.18%
GM growth 3Y4.2%
GM growth 5Y-1.11%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), TNL is creating some value.
Compared to 1 year ago, TNL has less shares outstanding
TNL has less shares outstanding than it did 5 years ago.
TNL has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 2.30 indicates that TNL is not a great score, but indicates only limited risk for bankruptcy at the moment.
TNL has a better Altman-Z score (2.30) than 66.42% of its industry peers.
The Debt to FCF ratio of TNL is 14.52, which is on the high side as it means it would take TNL, 14.52 years of fcf income to pay off all of its debts.
TNL has a Debt to FCF ratio of 14.52. This is comparable to the rest of the industry: TNL outperforms 52.24% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.52 | ||
| Altman-Z | 2.3 |
ROIC/WACC1.51
WACC6.95%
2.3 Liquidity
A Current Ratio of 3.80 indicates that TNL has no problem at all paying its short term obligations.
With an excellent Current ratio value of 3.80, TNL belongs to the best of the industry, outperforming 97.76% of the companies in the same industry.
A Quick Ratio of 2.79 indicates that TNL has no problem at all paying its short term obligations.
With an excellent Quick ratio value of 2.79, TNL belongs to the best of the industry, outperforming 94.78% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.8 | ||
| Quick Ratio | 2.79 |
3. Growth
3.1 Past
TNL shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 19.37%, which is quite good.
Measured over the past 5 years, TNL shows a small growth in Earnings Per Share. The EPS has been growing by 1.53% on average per year.
TNL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.15%.
TNL shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -0.94% yearly.
EPS 1Y (TTM)19.37%
EPS 3YN/A
EPS 5Y1.53%
EPS Q2Q%1.95%
Revenue 1Y (TTM)3.15%
Revenue growth 3Y20.19%
Revenue growth 5Y-0.94%
Sales Q2Q%0.71%
3.2 Future
Based on estimates for the next years, TNL will show a quite strong growth in Earnings Per Share. The EPS will grow by 8.80% on average per year.
The Revenue is expected to grow by 3.58% on average over the next years.
EPS Next Y0.73%
EPS Next 2Y5.47%
EPS Next 3Y8.8%
EPS Next 5YN/A
Revenue Next Year2.5%
Revenue Next 2Y3.5%
Revenue Next 3Y3.58%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
TNL is valuated reasonably with a Price/Earnings ratio of 8.97.
Based on the Price/Earnings ratio, TNL is valued cheaper than 97.01% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 28.96. TNL is valued rather cheaply when compared to this.
TNL is valuated reasonably with a Price/Forward Earnings ratio of 8.48.
Compared to the rest of the industry, the Price/Forward Earnings ratio of TNL indicates a rather cheap valuation: TNL is cheaper than 96.27% of the companies listed in the same industry.
When comparing the Price/Forward Earnings ratio of TNL to the average of the S&P500 Index (23.82), we can say TNL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.97 | ||
| Fwd PE | 8.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNL is valued a bit cheaper than the industry average as 64.18% of the companies are valued more expensively.
92.54% of the companies in the same industry are more expensive than TNL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.65 | ||
| EV/EBITDA | 10.41 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
TNL has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)12.35
PEG (5Y)5.86
EPS Next 2Y5.47%
EPS Next 3Y8.8%
5. Dividend
5.1 Amount
TNL has a Yearly Dividend Yield of 3.71%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 2.83, TNL pays a better dividend. On top of this TNL pays more dividend than 90.30% of the companies listed in the same industry.
TNL's Dividend Yield is rather good when compared to the S&P500 average which is at 2.23.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
5.2 History
The dividend of TNL decreases each year by -1.82%.
TNL has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of TNL decreased in the last 3 years.
Dividend Growth(5Y)-1.82%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
TNL pays out 33.25% of its income as dividend. This is a sustainable payout ratio.
DP33.25%
EPS Next 2Y5.47%
EPS Next 3Y8.8%
TRAVEL + LEISURE CO
NYSE:TNL (11/21/2024, 8:04:00 PM)
After market: 54.16 0 (0%)54.16
+1.21 (+2.29%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap3.71B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.71% |
Dividend Growth(5Y)
DP
Div Incr Years
Div Non Decr Years
Ex-Date
Surprises & Revisions
EPS beat(2)
Avg EPS beat(2)
Min EPS beat(2)
Max EPS beat(2)
EPS beat(4)
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Min EPS beat(4)
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EPS beat(8)
Avg EPS beat(8)
EPS beat(12)
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EPS beat(16)
Avg EPS beat(16)
Revenue beat(2)
Avg Revenue beat(2)
Min Revenue beat(2)
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Revenue beat(4)
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Revenue beat(8)
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Revenue beat(12)
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Revenue beat(16)
Avg Revenue beat(16)
PT rev (1m)
PT rev (3m)
EPS NQ rev (1m)
EPS NQ rev (3m)
EPS NY rev (1m)
EPS NY rev (3m)
Revenue NQ rev (1m)
Revenue NQ rev (3m)
Revenue NY rev (1m)
Revenue NY rev (3m)
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.97 | ||
| Fwd PE | 8.48 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)12.35
PEG (5Y)5.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 19.58% | ||
| PM (TTM) | 10.99% | ||
| GM | 48.75% | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 3.8 | ||
| Quick Ratio | 2.79 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
High Growth Momentum
Growth
EPS 1Y (TTM)19.37%
EPS 3YN/A
EPS 5Y
EPS Q2Q%
EPS Next Y0.73%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)3.15%
Revenue growth 3Y20.19%
Revenue growth 5Y
Sales Q2Q%
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
FCF growth 1Y
FCF growth 3Y
FCF growth 5Y
OCF growth 1Y
OCF growth 3Y
OCF growth 5Y