TRAVEL + LEISURE CO (TNL)
US8941641024 - Common Stock
Taking everything into account, TNL scores 6 out of 10 in our fundamental rating. TNL was compared to 134 industry peers in the Hotels, Restaurants & Leisure industry. TNL has only an average score on both its financial health and profitability. TNL is valued quite cheap, while showing a decent growth score. This is a good combination! This makes TNL very considerable for value investing!
1. Profitability
1.1 Basic Checks
In the past year TNL was profitable.
In the past year TNL had a positive cash flow from operations.
TNL had positive earnings in 4 of the past 5 years.
In the past 5 years TNL always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 6.29%, TNL is in the better half of the industry, outperforming 76.87% of the companies in the same industry.
TNL has a Return On Invested Capital of 10.49%. This is in the better half of the industry: TNL outperforms 73.88% of its industry peers.
TNL had an Average Return On Invested Capital over the past 3 years of 9.59%. This is in line with the industry average of 10.50%.
The 3 year average ROIC (9.59%) for TNL is below the current ROIC(10.49%), indicating increased profibility in the last year.
| 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
With a decent Profit Margin value of 10.99%, TNL is doing good in the industry, outperforming 75.37% of the companies in the same industry.
TNL's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 19.58%, TNL is in the better half of the industry, outperforming 77.61% of the companies in the same industry.
In the last couple of years the Operating Margin of TNL has remained more or less at the same level.
With a Gross Margin value of 48.75%, TNL perfoms like the industry average, outperforming 50.75% of the companies in the same industry.
TNL's Gross Margin has been stable in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TNL is still creating some value.
The number of shares outstanding for TNL has been reduced compared to 1 year ago.
Compared to 5 years ago, TNL has less shares outstanding
TNL has a worse debt/assets ratio than last year.
2.2 Solvency
TNL has an Altman-Z score of 2.29. This is not the best score and indicates that TNL is in the grey zone with still only limited risk for bankruptcy at the moment.
With a decent Altman-Z score value of 2.29, TNL is doing good in the industry, outperforming 63.43% of the companies in the same industry.
TNL has a debt to FCF ratio of 14.52. This is a negative value and a sign of low solvency as TNL would need 14.52 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 14.52, TNL is in line with its industry, outperforming 51.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.52 | ||
| Altman-Z | 2.29 |
ROIC/WACC1.53
WACC6.87%
2.3 Liquidity
A Current Ratio of 3.80 indicates that TNL has no problem at all paying its short term obligations.
The Current ratio of TNL (3.80) is better than 97.76% of its industry peers.
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 95.52% 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.
TNL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.53% yearly.
The Revenue has been growing slightly by 3.15% in the past year.
Measured over the past years, TNL shows a decrease in Revenue. The Revenue has been decreasing by -0.94% on average per year.
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 8.24% on average per year.
The Revenue is expected to grow by 3.72% on average over the next years.
EPS Next Y0.73%
EPS Next 2Y5.52%
EPS Next 3Y8.24%
EPS Next 5YN/A
Revenue Next Year2.48%
Revenue Next 2Y3.46%
Revenue Next 3Y3.72%
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.
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 8.39, which indicates a very decent valuation of TNL.
Based on the Price/Earnings ratio, TNL is valued cheaper than 96.27% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.73. TNL is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 7.93, which indicates a rather cheap valuation of TNL.
96.27% of the companies in the same industry are more expensive than TNL, based on the Price/Forward Earnings ratio.
TNL's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 22.83.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 7.93 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNL is valued a bit cheaper than 67.16% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNL indicates a rather cheap valuation: TNL is cheaper than 94.78% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.03 | ||
| EV/EBITDA | 10.23 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates TNL does not grow enough to justify the current Price/Earnings ratio.
The decent profitability rating of TNL may justify a higher PE ratio.
PEG (NY)11.55
PEG (5Y)5.48
EPS Next 2Y5.52%
EPS Next 3Y8.24%
5. Dividend
5.1 Amount
TNL has a Yearly Dividend Yield of 3.92%.
Compared to an average industry Dividend Yield of 2.89, TNL pays a better dividend. On top of this TNL pays more dividend than 91.04% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.34, TNL pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
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.
TNL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)-1.82%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
33.25% of the earnings are spent on dividend by TNL. This is a low number and sustainable payout ratio.
DP33.25%
EPS Next 2Y5.52%
EPS Next 3Y8.24%
TRAVEL + LEISURE CO
NYSE:TNL (12/20/2024, 8:04:00 PM)
After market: 50.66 0 (0%)50.66
-0.31 (-0.61%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners91.45%
Inst Owner Change-3.09%
Ins Owners6.14%
Ins Owner Change-8.53%
Market Cap3.47B
Analysts76.25
Price Target55.85 (10.24%)
Short Float %2.25%
Short Ratio2.64
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.92% |
Dividend Growth(5Y)-1.82%
DP33.25%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)5.81%
Min EPS beat(2)4.48%
Max EPS beat(2)7.13%
EPS beat(4)4
Avg EPS beat(4)16.36%
Min EPS beat(4)4.48%
Max EPS beat(4)42.37%
EPS beat(8)7
Avg EPS beat(8)10.93%
EPS beat(12)9
Avg EPS beat(12)9.03%
EPS beat(16)12
Avg EPS beat(16)11.3%
Revenue beat(2)0
Avg Revenue beat(2)-1.91%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)-1.28%
Revenue beat(4)1
Avg Revenue beat(4)-1.43%
Min Revenue beat(4)-2.55%
Max Revenue beat(4)0.09%
Revenue beat(8)3
Avg Revenue beat(8)-0.64%
Revenue beat(12)5
Avg Revenue beat(12)0.51%
Revenue beat(16)8
Avg Revenue beat(16)1.37%
PT rev (1m)5.29%
PT rev (3m)1.58%
EPS NQ rev (1m)-0.18%
EPS NQ rev (3m)7.38%
EPS NY rev (1m)0%
EPS NY rev (3m)1.45%
Revenue NQ rev (1m)-0.14%
Revenue NQ rev (3m)-1.52%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.46%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.39 | ||
| Fwd PE | 7.93 | ||
| P/S | 0.9 | ||
| P/FCF | 9.03 | ||
| P/OCF | 6.69 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.23 |
EPS(TTM)6.04
EY11.92%
EPS(NY)6.39
Fwd EY12.62%
FCF(TTM)5.61
FCFY11.08%
OCF(TTM)7.57
OCFY14.95%
SpS55.99
BVpS-12.6
TBVpS-29.94
PEG (NY)11.55
PEG (5Y)5.48
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.29% | ||
| ROE | N/A | ||
| ROCE | 13.64% | ||
| ROIC | 10.49% | ||
| ROICexc | 10.87% | ||
| ROICexgc | 14.01% | ||
| OM | 19.58% | ||
| PM (TTM) | 10.99% | ||
| GM | 48.75% | ||
| FCFM | 10.03% |
ROA(3y)5.28%
ROA(5y)3.86%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)9.59%
ROIC(5y)8.03%
ROICexc(3y)10.34%
ROICexc(5y)8.66%
ROICexgc(3y)13.44%
ROICexgc(5y)11.12%
ROCE(3y)12.46%
ROCE(5y)10.44%
ROICexcg growth 3Y115.67%
ROICexcg growth 5Y0.81%
ROICexc growth 3Y114.87%
ROICexc growth 5Y0.09%
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%
F-Score9
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 14.52 | ||
| Debt/EBITDA | 6.45 | ||
| Cap/Depr | 116.52% | ||
| Cap/Sales | 3.5% | ||
| Interest Coverage | 2.98 | ||
| Cash Conversion | 59.88% | ||
| Profit Quality | 91.21% | ||
| Current Ratio | 3.8 | ||
| Quick Ratio | 2.79 | ||
| Altman-Z | 2.29 |
F-Score9
WACC6.87%
ROIC/WACC1.53
Cap/Depr(3y)64.2%
Cap/Depr(5y)67.33%
Cap/Sales(3y)2.22%
Cap/Sales(5y)2.5%
Profit Quality(3y)110.25%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)19.37%
EPS 3YN/A
EPS 5Y1.53%
EPS Q2Q%1.95%
EPS Next Y0.73%
EPS Next 2Y5.52%
EPS Next 3Y8.24%
EPS Next 5YN/A
Revenue 1Y (TTM)3.15%
Revenue growth 3Y20.19%
Revenue growth 5Y-0.94%
Sales Q2Q%0.71%
Revenue Next Year2.48%
Revenue Next 2Y3.46%
Revenue Next 3Y3.72%
Revenue Next 5YN/A
EBIT growth 1Y4.02%
EBIT growth 3Y116.22%
EBIT growth 5Y-0.27%
EBIT Next Year19.37%
EBIT Next 3Y9.67%
EBIT Next 5YN/A
FCF growth 1Y11.3%
FCF growth 3Y-3.98%
FCF growth 5Y-4.67%
OCF growth 1Y29.5%
OCF growth 3Y-2.19%
OCF growth 5Y-4.56%