AIRBNB INC-CLASS A (ABNB) Stock Fundamental Analysis
NASDAQ:ABNB - Nasdaq - US0090661010 - Common Stock - Currency: USD
ABNB gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals 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 is valied quite expensively at the moment, while it does show a decent growth rate. This makes ABNB very considerable for quality investing!
1. Profitability
1.1 Basic Checks
ABNB had positive earnings in the past year.
ABNB had a positive operating cash flow in the past year.
In multiple years ABNB reported negative net income over the last 5 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 10.13%. This is amongst the best in the industry. ABNB outperforms 85.50% of its industry peers.
With an excellent Return On Equity value of 31.98%, ABNB belongs to the best of the industry, outperforming 86.26% of the companies in the same industry.
With an excellent Return On Invested Capital value of 23.77%, ABNB belongs to the best of the industry, outperforming 95.42% 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 15.87%.
The last Return On Invested Capital (23.77%) for ABNB is above the 3 year average (16.24%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.13% | ||
| ROE | 31.98% | ||
| ROIC | 23.77% |
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
The Profit Margin of ABNB (22.60%) is better than 96.18% of its industry peers.
ABNB's Operating Margin of 22.17% is amongst the best of the industry. ABNB outperforms 85.50% of its industry peers.
In the last couple of years the Operating Margin of ABNB has grown nicely.
ABNB has a Gross Margin of 71.47%. This is amongst the best in the industry. ABNB outperforms 87.79% of its industry peers.
ABNB's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.17% | ||
| PM (TTM) | 22.6% | ||
| GM | 71.47% |
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.
ABNB has less shares outstanding than it did 1 year ago.
The number of shares outstanding for ABNB has been increased compared to 5 years ago.
Compared to 1 year ago, ABNB has an improved debt to assets ratio.
2.2 Solvency
An Altman-Z score of 3.68 indicates that ABNB is not in any danger for bankruptcy at the moment.
ABNB has a Altman-Z score of 3.68. This is in the better half of the industry: ABNB outperforms 78.63% of its industry peers.
There is no outstanding debt for ABNB. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0.46 | ||
| Altman-Z | 3.68 |
ROIC/WACC2.55
WACC9.32%
2.3 Liquidity
ABNB has a Current Ratio of 1.27. This is a normal value and indicates that ABNB is financially healthy and should not expect problems in meeting its short term obligations.
ABNB's Current ratio of 1.27 is fine compared to the rest of the industry. ABNB outperforms 66.41% of its industry peers.
A Quick Ratio of 1.27 indicates that ABNB should not have too much problems paying its short term obligations.
With a decent Quick ratio value of 1.27, ABNB is doing good in the industry, outperforming 69.47% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
The earnings per share for ABNB have decreased strongly by -13.54% in the last year.
The Earnings Per Share has been growing by 289.30% on average over the past years. This is a very strong growth
ABNB shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 9.68%.
The Revenue has been growing by 18.23% on average over the past years. This is quite good.
EPS 1Y (TTM)-13.54%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-41.46%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%6.07%
3.2 Future
Based on estimates for the next years, ABNB will show a quite strong growth in Earnings Per Share. The EPS will grow by 15.47% on average per year.
The Revenue is expected to grow by 9.74% on average over the next years. This is quite good.
EPS Next Y3.92%
EPS Next 2Y8.96%
EPS Next 3Y11.51%
EPS Next 5Y15.47%
Revenue Next Year8.99%
Revenue Next 2Y9.31%
Revenue Next 3Y9.5%
Revenue Next 5Y9.74%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 34.03 indicates a quite expensive valuation of ABNB.
The rest of the industry has a similar Price/Earnings ratio as ABNB.
Compared to an average S&P500 Price/Earnings ratio of 27.61, ABNB is valued a bit more expensive.
With a Price/Forward Earnings ratio of 27.48, ABNB can be considered very expensive at the moment.
ABNB's Price/Forward Earnings ratio is in line with the industry average.
When comparing the Price/Forward Earnings ratio of ABNB to the average of the S&P500 Index (37.13), we can say ABNB is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.03 | ||
| Fwd PE | 27.48 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ABNB is valued a bit more expensive than 73.28% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ABNB is valued a bit cheaper than 78.63% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 18.97 | ||
| EV/EBITDA | 27.7 |
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.
ABNB has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)8.68
PEG (5Y)N/A
EPS Next 2Y8.96%
EPS Next 3Y11.51%
5. Dividend
5.1 Amount
ABNB does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
134.75
-2.09 (-1.53%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners81.55%
Inst Owner Change-0.01%
Ins Owners1.89%
Ins Owner Change-5.54%
Market Cap83.17B
Analysts68.08
Price Target142.68 (5.88%)
Short Float %4.67%
Short Ratio4.43
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)12.08%
Min EPS beat(2)-0.11%
Max EPS beat(2)24.28%
EPS beat(4)1
Avg EPS beat(4)3.43%
Min EPS beat(4)-8%
Max EPS beat(4)24.28%
EPS beat(8)5
Avg EPS beat(8)17.04%
EPS beat(12)9
Avg EPS beat(12)31.31%
EPS beat(16)13
Avg EPS beat(16)46.05%
Revenue beat(2)1
Avg Revenue beat(2)-0.45%
Min Revenue beat(2)-1.39%
Max Revenue beat(2)0.49%
Revenue beat(4)1
Avg Revenue beat(4)-1.03%
Min Revenue beat(4)-1.65%
Max Revenue beat(4)0.49%
Revenue beat(8)4
Avg Revenue beat(8)-0.29%
Revenue beat(12)5
Avg Revenue beat(12)-0.44%
Revenue beat(16)9
Avg Revenue beat(16)0.69%
PT rev (1m)0.61%
PT rev (3m)-6.31%
EPS NQ rev (1m)0.64%
EPS NQ rev (3m)0.06%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-2.05%
Revenue NQ rev (1m)0.32%
Revenue NQ rev (3m)-0.71%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-0.86%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.03 | ||
| Fwd PE | 27.48 | ||
| P/S | 7.4 | ||
| P/FCF | 18.97 | ||
| P/OCF | 18.97 | ||
| P/B | 10.48 | ||
| P/tB | 11.61 | ||
| EV/EBITDA | 27.7 |
EPS(TTM)3.96
EY2.94%
EPS(NY)4.9
Fwd EY3.64%
FCF(TTM)7.1
FCFY5.27%
OCF(TTM)7.1
OCFY5.27%
SpS18.2
BVpS12.86
TBVpS11.6
PEG (NY)8.68
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.13% | ||
| ROE | 31.98% | ||
| ROCE | 29.91% | ||
| ROIC | 23.77% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 22.17% | ||
| PM (TTM) | 22.6% | ||
| GM | 71.47% | ||
| FCFM | 39.03% |
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 Turnover0.45
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 | 170.85% | ||
| Profit Quality | 172.73% | ||
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 | ||
| Altman-Z | 3.68 |
F-Score7
WACC9.32%
ROIC/WACC2.55
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)-13.54%
EPS 3Y289.3%
EPS 5YN/A
EPS Q2Q%-41.46%
EPS Next Y3.92%
EPS Next 2Y8.96%
EPS Next 3Y11.51%
EPS Next 5Y15.47%
Revenue 1Y (TTM)9.68%
Revenue growth 3Y22.82%
Revenue growth 5Y18.23%
Sales Q2Q%6.07%
Revenue Next Year8.99%
Revenue Next 2Y9.31%
Revenue Next 3Y9.5%
Revenue Next 5Y9.74%
EBIT growth 1Y53.33%
EBIT growth 3Y67.22%
EBIT growth 5YN/A
EBIT Next Year72.96%
EBIT Next 3Y30%
EBIT Next 5Y24%
FCF growth 1Y15.67%
FCF growth 3Y27.8%
FCF growth 5Y115.5%
OCF growth 1Y14.91%
OCF growth 3Y27.31%
OCF growth 5Y82.58%