BOOKING HOLDINGS INC (BKNG) Stock Fundamental Analysis
USA - NASDAQ:BKNG - US09857L1089 - Common Stock
5077.74 USD
-2.47 (-0.05%)
5077.74 USD
0 (0%)
Taking everything into account, BKNG scores 6 out of 10 in our fundamental rating. BKNG was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. Both the health and profitability get an excellent rating, making BKNG a very profitable company, without any liquidiy or solvency issues. BKNG is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one! These ratings would make BKNG suitable for growth and quality investing!
1. Profitability
1.1 Basic Checks
BKNG had positive earnings in the past year.
BKNG had a positive operating cash flow in the past year.
Each year in the past 5 years BKNG has been profitable.
In the past 5 years BKNG always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of BKNG (15.69%) is better than 93.23% of its industry peers.
The Return On Invested Capital of BKNG (54.90%) is better than 98.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for BKNG is significantly above the industry average of 10.72%.
The last Return On Invested Capital (54.90%) for BKNG is above the 3 year average (39.14%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.69% | ||
| ROE | N/A | ||
| ROIC | 54.9% |
ROA(3y)16.97%
ROA(5y)11.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.14%
ROIC(5y)26.17%
1.3 Margins
BKNG has a better Profit Margin (19.23%) than 92.48% of its industry peers.
BKNG's Profit Margin has declined in the last couple of years.
BKNG has a better Operating Margin (33.26%) than 98.50% of its industry peers.
In the last couple of years the Operating Margin of BKNG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 33.26% | ||
| PM (TTM) | 19.23% | ||
| GM | N/A |
OM growth 3Y13.4%
OM growth 5Y-1.21%
PM growth 3Y32.58%
PM growth 5Y-5.16%
GM growth 3YN/A
GM growth 5YN/A
2. Health
2.1 Basic Checks
BKNG 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, BKNG has less shares outstanding
The number of shares outstanding for BKNG has been reduced compared to 5 years ago.
BKNG has a worse debt/assets ratio than last year.
2.2 Solvency
An Altman-Z score of 6.23 indicates that BKNG is not in any danger for bankruptcy at the moment.
With an excellent Altman-Z score value of 6.23, BKNG belongs to the best of the industry, outperforming 87.97% of the companies in the same industry.
BKNG has a debt to FCF ratio of 2.00. This is a very positive value and a sign of high solvency as it would only need 2.00 years to pay back of all of its debts.
BKNG has a Debt to FCF ratio of 2.00. This is amongst the best in the industry. BKNG outperforms 84.21% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2 | ||
| Altman-Z | 6.23 |
ROIC/WACC6.52
WACC8.42%
2.3 Liquidity
A Current Ratio of 1.25 indicates that BKNG should not have too much problems paying its short term obligations.
BKNG has a better Current ratio (1.25) than 62.41% of its industry peers.
A Quick Ratio of 1.25 indicates that BKNG should not have too much problems paying its short term obligations.
The Quick ratio of BKNG (1.25) is better than 65.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 24.18% over the past year.
The Earnings Per Share has been growing by 12.66% on average over the past years. This is quite good.
BKNG shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 11.11%.
BKNG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.52% yearly.
EPS 1Y (TTM)24.18%
EPS 3Y60.13%
EPS 5Y12.66%
EPS Q2Q%18.61%
Revenue 1Y (TTM)11.11%
Revenue growth 3Y29.39%
Revenue growth 5Y9.52%
Sales Q2Q%12.68%
3.2 Future
BKNG is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 16.53% yearly.
The Revenue is expected to grow by 9.08% on average over the next years. This is quite good.
EPS Next Y20.83%
EPS Next 2Y18.26%
EPS Next 3Y17.3%
EPS Next 5Y16.53%
Revenue Next Year12.47%
Revenue Next 2Y10.52%
Revenue Next 3Y9.86%
Revenue Next 5Y9.08%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 22.95, BKNG is valued on the expensive side.
Based on the Price/Earnings ratio, BKNG is valued a bit cheaper than 62.41% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 26.11, BKNG is valued at the same level.
With a Price/Forward Earnings ratio of 19.34, BKNG is valued on the expensive side.
Based on the Price/Forward Earnings ratio, BKNG is valued a bit cheaper than the industry average as 61.65% of the companies are valued more expensively.
BKNG is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 22.55, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.95 | ||
| Fwd PE | 19.34 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BKNG is valued a bit more expensive than the industry average as 67.67% of the companies are valued more cheaply.
Based on the Price/Free Cash Flow ratio, BKNG is valued a bit cheaper than the industry average as 78.20% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.81 | ||
| EV/EBITDA | 18.49 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of BKNG may justify a higher PE ratio.
A more expensive valuation may be justified as BKNG's earnings are expected to grow with 17.30% in the coming years.
PEG (NY)1.1
PEG (5Y)1.81
EPS Next 2Y18.26%
EPS Next 3Y17.3%
5. Dividend
5.1 Amount
BKNG has a yearly dividend return of 0.76%, which is pretty low.
Compared to an average industry Dividend Yield of 4.12, BKNG pays a bit more dividend than its industry peers.
With a Dividend Yield of 0.76, BKNG pays less dividend than the S&P500 average, which is at 2.37.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
5.2 History
BKNG does not have a reliable dividend history as it only pays dividend since a couple or years.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
BKNG pays out 25.16% of its income as dividend. This is a sustainable payout ratio.
DP25.16%
EPS Next 2Y18.26%
EPS Next 3Y17.3%
5077.74
-2.47 (-0.05%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96%
Inst Owner Change-0.18%
Ins Owners0.16%
Ins Owner Change-5.6%
Market Cap164.57B
Revenue(TTM)23.74B
Net Income(TTM)4.81B
Analysts76.96
Price Target6226.9 (22.63%)
Short Float %1.99%
Short Ratio2.94
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.76% |
Yearly Dividend34.87
Dividend Growth(5Y)N/A
DP25.16%
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)24.25%
Min EPS beat(2)8.15%
Max EPS beat(2)40.35%
EPS beat(4)4
Avg EPS beat(4)16.92%
Min EPS beat(4)6.1%
Max EPS beat(4)40.35%
EPS beat(8)8
Avg EPS beat(8)15.82%
EPS beat(12)12
Avg EPS beat(12)14.54%
EPS beat(16)16
Avg EPS beat(16)33.37%
Revenue beat(2)2
Avg Revenue beat(2)1.7%
Min Revenue beat(2)1.66%
Max Revenue beat(2)1.73%
Revenue beat(4)4
Avg Revenue beat(4)2.41%
Min Revenue beat(4)1.66%
Max Revenue beat(4)3.52%
Revenue beat(8)5
Avg Revenue beat(8)1.22%
Revenue beat(12)8
Avg Revenue beat(12)1.15%
Revenue beat(16)11
Avg Revenue beat(16)1.53%
PT rev (1m)0.86%
PT rev (3m)9.2%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.38%
EPS NY rev (1m)0.14%
EPS NY rev (3m)3.53%
Revenue NQ rev (1m)0.15%
Revenue NQ rev (3m)0.1%
Revenue NY rev (1m)0.04%
Revenue NY rev (3m)1.78%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.95 | ||
| Fwd PE | 19.34 | ||
| P/S | 6.58 | ||
| P/FCF | 17.81 | ||
| P/OCF | 17.18 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.49 |
EPS(TTM)221.26
EY4.36%
EPS(NY)262.54
Fwd EY5.17%
FCF(TTM)285.1
FCFY5.61%
OCF(TTM)295.53
OCFY5.82%
SpS772.14
BVpS-205.4
TBVpS-333.32
PEG (NY)1.1
PEG (5Y)1.81
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 15.69% | ||
| ROE | N/A | ||
| ROCE | 69.09% | ||
| ROIC | 54.9% | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | 33.26% | ||
| PM (TTM) | 19.23% | ||
| GM | N/A | ||
| FCFM | 36.92% |
ROA(3y)16.97%
ROA(5y)11.22%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)39.14%
ROIC(5y)26.17%
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)49.26%
ROCE(5y)32.93%
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y13.4%
OM growth 5Y-1.21%
PM growth 3Y32.58%
PM growth 5Y-5.16%
GM growth 3YN/A
GM growth 5YN/A
F-Score6
Asset Turnover0.82
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 54.17% | ||
| Cap/Sales | 1.35% | ||
| Interest Coverage | 7.52 | ||
| Cash Conversion | 107.04% | ||
| Profit Quality | 191.98% | ||
| Current Ratio | 1.25 | ||
| Quick Ratio | 1.25 | ||
| Altman-Z | 6.23 |
F-Score6
WACC8.42%
ROIC/WACC6.52
Cap/Depr(3y)74.21%
Cap/Depr(5y)71.46%
Cap/Sales(3y)1.86%
Cap/Sales(5y)2.51%
Profit Quality(3y)166.56%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)24.18%
EPS 3Y60.13%
EPS 5Y12.66%
EPS Q2Q%18.61%
EPS Next Y20.83%
EPS Next 2Y18.26%
EPS Next 3Y17.3%
EPS Next 5Y16.53%
Revenue 1Y (TTM)11.11%
Revenue growth 3Y29.39%
Revenue growth 5Y9.52%
Sales Q2Q%12.68%
Revenue Next Year12.47%
Revenue Next 2Y10.52%
Revenue Next 3Y9.86%
Revenue Next 5Y9.08%
EBIT growth 1Y30.84%
EBIT growth 3Y46.73%
EBIT growth 5Y8.2%
EBIT Next Year28.03%
EBIT Next 3Y16.75%
EBIT Next 5Y14.55%
FCF growth 1Y43.3%
FCF growth 3Y46.4%
FCF growth 5Y11.91%
OCF growth 1Y40.83%
OCF growth 3Y43.44%
OCF growth 5Y11.34%
BOOKING HOLDINGS INC / BKNG FAQ
What is the ChartMill fundamental rating of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a fundamental rating of 6 / 10 to BKNG.
What is the valuation status of BOOKING HOLDINGS INC (BKNG) stock?
ChartMill assigns a valuation rating of 4 / 10 to BOOKING HOLDINGS INC (BKNG). This can be considered as Fairly Valued.
What is the profitability of BKNG stock?
BOOKING HOLDINGS INC (BKNG) has a profitability rating of 7 / 10.
What is the valuation of BOOKING HOLDINGS INC based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BOOKING HOLDINGS INC (BKNG) is 22.95 and the Price/Book (PB) ratio is -24.72.
How sustainable is the dividend of BOOKING HOLDINGS INC (BKNG) stock?
The dividend rating of BOOKING HOLDINGS INC (BKNG) is 2 / 10 and the dividend payout ratio is 25.16%.