AIRBNB INC-CLASS A (ABNB) Stock Fundamental Analysis
USA - NASDAQ:ABNB - US0090661010 - Common Stock
122.32 USD
+0.9 (+0.74%)
122 USD
-0.32 (-0.26%)
We assign a fundamental rating of 6 out of 10 to ABNB. ABNB was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. ABNB gets an excellent profitability rating and is at the same time showing great financial health properties. While showing a medium growth rate, ABNB is valued expensive at the moment. These ratings would make ABNB suitable for quality investing!
1. Profitability
1.1 Basic Checks
ABNB had positive earnings in the past year.
In the past year ABNB had a positive cash flow from operations.
The reported net income has been mixed in the past 5 years: ABNB reported negative net income in multiple years.
Of the past 5 years ABNB 4 years had a positive operating cash flow.
1.2 Ratios
ABNB has a Return On Assets of 9.73%. This is amongst the best in the industry. ABNB outperforms 84.44% of its industry peers.
Looking at the Return On Equity, with a value of 33.73%, ABNB belongs to the top of the industry, outperforming 86.67% of the companies in the same industry.
The Return On Invested Capital of ABNB (25.33%) is better than 95.56% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for ABNB is in line with the industry average of 15.67%.
The last Return On Invested Capital (25.33%) for ABNB is above the 3 year average (16.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.73% | ||
| ROE | 33.73% | ||
| ROIC | 25.33% |
ROA(3y)15.88%
ROA(5y)0.28%
ROE(3y)41.41%
ROE(5y)-8.23%
ROIC(3y)16.24%
ROIC(5y)N/A
1.3 Margins
ABNB has a Profit Margin of 22.67%. This is amongst the best in the industry. ABNB outperforms 96.30% of its industry peers.
With an excellent Operating Margin value of 22.50%, ABNB belongs to the best of the industry, outperforming 85.19% of the companies in the same industry.
ABNB's Operating Margin has improved in the last couple of years.
ABNB's Gross Margin of 72.06% is amongst the best of the industry. ABNB outperforms 87.41% of its industry peers.
In the last couple of years the Gross Margin of ABNB has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.5% | ||
| PM (TTM) | 22.67% | ||
| GM | 72.06% |
OM growth 3Y36.15%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y4.23%
2. Health
2.1 Basic Checks
ABNB has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
Compared to 1 year ago, ABNB has less shares outstanding
Compared to 5 years ago, ABNB has more shares outstanding
The debt/assets ratio for ABNB has been reduced compared to a year ago.
2.2 Solvency
An Altman-Z score of 3.04 indicates that ABNB is not in any danger for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.04, ABNB is in the better half of the industry, outperforming 74.81% of the companies in the same industry.
ABNB has no outstanding debt. Therefor its Debt/Equity and Debt/FCF ratios are 0 and belong to the best of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | 3.04 |
ROIC/WACC2.9
WACC8.74%
2.3 Liquidity
A Current Ratio of 1.23 indicates that ABNB should not have too much problems paying its short term obligations.
ABNB has a Current ratio of 1.23. This is in the better half of the industry: ABNB outperforms 62.96% of its industry peers.
ABNB has a Quick Ratio of 1.23. This is a normal value and indicates that ABNB is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.23, ABNB is doing good in the industry, outperforming 65.93% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The earnings per share for ABNB have decreased by -7.62% in the last year.
Measured over the past years, ABNB shows a very strong growth in Earnings Per Share. The EPS has been growing by 289.30% on average per year.
ABNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 10.23%.
Measured over the past years, ABNB shows a quite strong growth in Revenue. The Revenue has been growing by 18.23% on average per year.
EPS 1Y (TTM)-7.62%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%18.6%
Revenue 1Y (TTM)10.23%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%12.66%
3.2 Future
The Earnings Per Share is expected to grow by 15.27% on average over the next years. This is quite good.
Based on estimates for the next years, ABNB will show a quite strong growth in Revenue. The Revenue will grow by 10.11% on average per year.
EPS Next Y4.65%
EPS Next 2Y8.3%
EPS Next 3Y11.7%
EPS Next 5Y15.27%
Revenue Next Year9.81%
Revenue Next 2Y9.65%
Revenue Next 3Y9.79%
Revenue Next 5Y10.11%
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.
Although the future Revenue growth is still strong, it is not able to hold up the even more excellent growth rate of the past years.
4. Valuation
4.1 Price/Earnings Ratio
ABNB is valuated quite expensively with a Price/Earnings ratio of 29.69.
ABNB's Price/Earnings ratio is in line with the industry average.
ABNB's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 27.79.
The Price/Forward Earnings ratio is 25.25, which means the current valuation is very expensive for ABNB.
Compared to the rest of the industry, the Price/Forward Earnings ratio of ABNB is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of ABNB to the average of the S&P500 Index (23.21), we can say ABNB is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.69 | ||
| Fwd PE | 25.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of ABNB indicates a slightly more expensive valuation: ABNB is more expensive than 71.85% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, ABNB is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.64 | ||
| EV/EBITDA | 23.48 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates ABNB does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of ABNB may justify a higher PE ratio.
PEG (NY)6.38
PEG (5Y)N/A
EPS Next 2Y8.3%
EPS Next 3Y11.7%
5. Dividend
5.1 Amount
No dividends for ABNB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
122.32
+0.9 (+0.74%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners81.92%
Inst Owner Change-0.87%
Ins Owners1.51%
Ins Owner Change0.05%
Market Cap76.01B
Analysts68.08
Price Target142.77 (16.72%)
Short Float %5.13%
Short Ratio4.41
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)3.26%
Min EPS beat(2)-0.11%
Max EPS beat(2)6.63%
EPS beat(4)2
Avg EPS beat(4)7.09%
Min EPS beat(4)-2.45%
Max EPS beat(4)24.28%
EPS beat(8)5
Avg EPS beat(8)14.89%
EPS beat(12)9
Avg EPS beat(12)29.47%
EPS beat(16)13
Avg EPS beat(16)41.64%
Revenue beat(2)0
Avg Revenue beat(2)-0.69%
Min Revenue beat(2)-1.39%
Max Revenue beat(2)0%
Revenue beat(4)1
Avg Revenue beat(4)-0.61%
Min Revenue beat(4)-1.56%
Max Revenue beat(4)0.49%
Revenue beat(8)3
Avg Revenue beat(8)-0.36%
Revenue beat(12)5
Avg Revenue beat(12)-0.27%
Revenue beat(16)8
Avg Revenue beat(16)0.42%
PT rev (1m)-0.04%
PT rev (3m)0.67%
EPS NQ rev (1m)-0.06%
EPS NQ rev (3m)2.71%
EPS NY rev (1m)0.35%
EPS NY rev (3m)0.78%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.09%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.69 | ||
| Fwd PE | 25.25 | ||
| P/S | 6.56 | ||
| P/FCF | 17.64 | ||
| P/OCF | 17.64 | ||
| P/B | 9.77 | ||
| P/tB | 10.85 | ||
| EV/EBITDA | 23.48 |
EPS(TTM)4.12
EY3.37%
EPS(NY)4.84
Fwd EY3.96%
FCF(TTM)6.93
FCFY5.67%
OCF(TTM)6.93
OCFY5.67%
SpS18.63
BVpS12.52
TBVpS11.27
PEG (NY)6.38
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 9.73% | ||
| ROE | 33.73% | ||
| ROCE | 31.86% | ||
| ROIC | 25.33% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.5% | ||
| PM (TTM) | 22.67% | ||
| GM | 72.06% | ||
| FCFM | 37.2% |
ROA(3y)15.88%
ROA(5y)0.28%
ROE(3y)41.41%
ROE(5y)-8.23%
ROIC(3y)16.24%
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)20.43%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y36.15%
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y2.43%
GM growth 5Y4.23%
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.46 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 161.35% | ||
| Profit Quality | 164.11% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 3.04 |
F-Score7
WACC8.74%
ROIC/WACC2.9
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)143.85%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-7.62%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%18.6%
EPS Next Y4.65%
EPS Next 2Y8.3%
EPS Next 3Y11.7%
EPS Next 5Y15.27%
Revenue 1Y (TTM)10.23%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%12.66%
Revenue Next Year9.81%
Revenue Next 2Y9.65%
Revenue Next 3Y9.79%
Revenue Next 5Y10.11%
EBIT growth 1Y63.02%
EBIT growth 3Y67.22%
EBIT growth 5YN/A
EBIT Next Year75.1%
EBIT Next 3Y30.15%
EBIT Next 5Y23.72%
FCF growth 1Y10.6%
FCF growth 3Y27.8%
FCF growth 5Y115.5%
OCF growth 1Y9.78%
OCF growth 3Y27.31%
OCF growth 5Y82.58%