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 gets an excellent profitability rating and is at the same time showing great financial health properties. ABNB is quite expensive at the moment. It does show a decent growth rate. These ratings could make ABNB a good candidate for quality investing.
1. Profitability
1.1 Basic Checks
In the past year ABNB was profitable.
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
With an excellent Return On Assets value of 10.13%, ABNB belongs to the best of the industry, outperforming 85.50% of the companies in the same industry.
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.
ABNB's Return On Invested Capital of 23.77% is amongst the best of the industry. ABNB outperforms 95.42% 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 15.87%.
The 3 year average ROIC (16.24%) for ABNB is below the current ROIC(23.77%), indicating increased profibility in the last year.
| 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 has a better Operating Margin (22.17%) than 85.50% of its industry peers.
In the last couple of years the Operating Margin of ABNB has grown nicely.
Looking at the Gross Margin, with a value of 71.47%, ABNB belongs to the top of the industry, outperforming 87.79% of the companies in the same industry.
In the last couple of years the Gross Margin of ABNB has grown nicely.
| 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
With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), ABNB is creating value.
Compared to 1 year ago, ABNB has less shares outstanding
ABNB has more shares outstanding than it did 5 years ago.
The debt/assets ratio for ABNB has been reduced compared to a year ago.
2.2 Solvency
ABNB has an Altman-Z score of 3.79. This indicates that ABNB is financially healthy and has little risk of bankruptcy at the moment.
ABNB has a better Altman-Z score (3.79) than 80.92% 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 | 3.79 |
ROIC/WACC2.62
WACC9.07%
2.3 Liquidity
A Current Ratio of 1.27 indicates that ABNB should not have too much problems paying its short term obligations.
ABNB has a better Current ratio (1.27) than 66.41% of its industry peers.
ABNB has a Quick 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 has a Quick ratio of 1.27. This is in the better half of the industry: ABNB outperforms 69.47% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.27 | ||
| Quick Ratio | 1.27 |
3. Growth
3.1 Past
ABNB shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -13.54%.
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.
Looking at the last year, ABNB shows a quite strong growth in Revenue. The Revenue has grown by 9.68% in the last year.
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.
Based on estimates for the next years, ABNB will show a quite strong growth in Revenue. The Revenue will grow by 9.74% on average per year.
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
Although the future EPS growth is still strong, it is not able to hold up the even more excellent growth rate of 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
Based on the Price/Earnings ratio of 35.68, the valuation of ABNB can be described as expensive.
ABNB's Price/Earnings is on the same level as the industry average.
The average S&P500 Price/Earnings ratio is at 28.04. ABNB is valued slightly more expensive when compared to this.
With a Price/Forward Earnings ratio of 28.82, ABNB can be considered very expensive at the moment.
ABNB's Price/Forward Earnings is on the same level as the industry average.
ABNB's Price/Forward Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 37.64.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.68 | ||
| Fwd PE | 28.82 |
4.2 Price Multiples
ABNB's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. ABNB is 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 | 19.89 | ||
| EV/EBITDA | 28.85 |
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)9.11
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 |
141.31
-0.31 (-0.22%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners81.55%
Inst Owner Change-0.4%
Ins Owners1.89%
Ins Owner Change-5.83%
Market Cap87.22B
Analysts68.08
Price Target142.68 (0.97%)
Short Float %4.75%
Short Ratio3.87
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)-10.81%
EPS NQ rev (1m)0.41%
EPS NQ rev (3m)-0.16%
EPS NY rev (1m)0.07%
EPS NY rev (3m)-2.05%
Revenue NQ rev (1m)0.36%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)0.1%
Revenue NY rev (3m)-1.07%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 35.68 | ||
| Fwd PE | 28.82 | ||
| P/S | 7.77 | ||
| P/FCF | 19.89 | ||
| P/OCF | 19.89 | ||
| P/B | 10.99 | ||
| P/tB | 12.18 | ||
| EV/EBITDA | 28.85 |
EPS(TTM)3.96
EY2.8%
EPS(NY)4.9
Fwd EY3.47%
FCF(TTM)7.1
FCFY5.03%
OCF(TTM)7.1
OCFY5.03%
SpS18.2
BVpS12.86
TBVpS11.6
PEG (NY)9.11
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 | 3.79 |
F-Score7
WACC9.07%
ROIC/WACC2.62
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%