AIRBNB INC-CLASS A (ABNB) Stock Fundamental Analysis
NASDAQ:ABNB - Nasdaq - US0090661010 - Common Stock - Currency: USD
Overall ABNB gets a fundamental rating of 6 out of 10. We evaluated ABNB against 131 industry peers in the Hotels, Restaurants & Leisure industry. ABNB scores excellent points on both the profitability and health parts. This is a solid base for a good stock. ABNB has a correct valuation and a medium growth rate. This makes ABNB very considerable 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.
In multiple years ABNB reported negative net income over the last 5 years.
ABNB had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
ABNB has a better Return On Assets (9.73%) than 84.73% of its industry peers.
The Return On Equity of ABNB (33.73%) is better than 86.26% of its industry peers.
Looking at the Return On Invested Capital, with a value of 25.33%, ABNB belongs to the top of the industry, outperforming 94.66% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for ABNB is in line with the industry average of 15.79%.
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's Profit Margin of 22.67% is amongst the best of the industry. ABNB outperforms 96.18% of its industry peers.
With an excellent Operating Margin value of 22.50%, ABNB belongs to the best of the industry, outperforming 85.50% of the companies in the same industry.
ABNB's Operating Margin has improved in the last couple of years.
ABNB has a Gross Margin of 72.06%. This is amongst the best in the industry. ABNB outperforms 88.55% 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ABNB is creating value.
ABNB has less shares outstanding than it did 1 year ago.
ABNB has more shares outstanding than it did 5 years ago.
ABNB has a better debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 3.11 indicates that ABNB is not in any danger for bankruptcy at the moment.
ABNB's Altman-Z score of 3.11 is fine compared to the rest of the industry. ABNB outperforms 74.81% of its industry peers.
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 | 3.11 |
ROIC/WACC2.84
WACC8.93%
2.3 Liquidity
A Current Ratio of 1.23 indicates that ABNB should not have too much problems paying its short term obligations.
The Current ratio of ABNB (1.23) is better than 64.12% of its industry peers.
A Quick Ratio of 1.23 indicates that ABNB should not have too much problems paying its short term obligations.
ABNB has a Quick ratio of 1.23. This is in the better half of the industry: ABNB outperforms 67.94% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
ABNB shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.62%.
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.
The Revenue has grown by 10.23% in the past year. This is quite good.
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
ABNB is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 15.27% yearly.
The Revenue is expected to grow by 10.11% on average over the next years. This is quite good.
EPS Next Y3.92%
EPS Next 2Y8.96%
EPS Next 3Y11.51%
EPS Next 5Y15.27%
Revenue Next Year9.19%
Revenue Next 2Y9.45%
Revenue Next 3Y9.78%
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
The Price/Earnings ratio is 30.69, which means the current valuation is very expensive for ABNB.
Compared to the rest of the industry, the Price/Earnings ratio of ABNB is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 26.76. ABNB is around the same levels.
ABNB is valuated quite expensively with a Price/Forward Earnings ratio of 25.78.
ABNB's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 34.91. ABNB is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.69 | ||
| Fwd PE | 25.78 |
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 72.52% of the companies listed in the same industry.
80.92% of the companies in the same industry are more expensive than ABNB, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.11 | ||
| EV/EBITDA | 24.24 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
ABNB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)7.83
PEG (5Y)N/A
EPS Next 2Y8.96%
EPS Next 3Y11.51%
5. Dividend
5.1 Amount
No dividends for ABNB!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
126.43
+1.47 (+1.18%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners81.71%
Inst Owner Change-0.86%
Ins Owners1.88%
Ins Owner Change-1.79%
Market Cap78.03B
Analysts68.08
Price Target144.01 (13.9%)
Short Float %4.48%
Short Ratio4.02
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)3.44%
Min EPS beat(2)-0.11%
Max EPS beat(2)7%
EPS beat(4)2
Avg EPS beat(4)7.18%
Min EPS beat(4)-2.45%
Max EPS beat(4)24.28%
EPS beat(8)5
Avg EPS beat(8)14.93%
EPS beat(12)9
Avg EPS beat(12)29.5%
EPS beat(16)13
Avg EPS beat(16)41.66%
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)1.55%
PT rev (3m)1.58%
EPS NQ rev (1m)2.79%
EPS NQ rev (3m)-1.2%
EPS NY rev (1m)0%
EPS NY rev (3m)-2.05%
Revenue NQ rev (1m)0.95%
Revenue NQ rev (3m)-1.31%
Revenue NY rev (1m)0.19%
Revenue NY rev (3m)0.1%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 30.69 | ||
| Fwd PE | 25.78 | ||
| P/S | 6.74 | ||
| P/FCF | 18.11 | ||
| P/OCF | 18.11 | ||
| P/B | 10.03 | ||
| P/tB | 11.14 | ||
| EV/EBITDA | 24.24 |
EPS(TTM)4.12
EY3.26%
EPS(NY)4.9
Fwd EY3.88%
FCF(TTM)6.98
FCFY5.52%
OCF(TTM)6.98
OCFY5.52%
SpS18.76
BVpS12.61
TBVpS11.35
PEG (NY)7.83
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 | 3.11 |
F-Score7
WACC8.93%
ROIC/WACC2.84
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 Y3.92%
EPS Next 2Y8.96%
EPS Next 3Y11.51%
EPS Next 5Y15.27%
Revenue 1Y (TTM)10.23%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%12.66%
Revenue Next Year9.19%
Revenue Next 2Y9.45%
Revenue Next 3Y9.78%
Revenue Next 5Y10.11%
EBIT growth 1Y63.02%
EBIT growth 3Y67.22%
EBIT growth 5YN/A
EBIT Next Year73.72%
EBIT Next 3Y30.54%
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%