BOOKING HOLDINGS INC (BKNG)
US09857L1089 - Common Stock
BKNG gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 135 industry peers in the Hotels, Restaurants & Leisure industry. BKNG gets an excellent profitability rating and is at the same time showing great financial health properties. BKNG is not priced too expensively while it is growing strongly. Keep and eye on this one! These ratings could make BKNG a good candidate for growth and quality investing.
1. Profitability
1.1 Basic Checks
In the past year BKNG was profitable.
BKNG had a positive operating cash flow in the past year.
Each year in the past 5 years BKNG has been profitable.
BKNG had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of BKNG (17.62%) is better than 95.52% of its industry peers.
BKNG has a better Return On Invested Capital (41.42%) than 98.51% 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 10.33%.
The 3 year average ROIC (25.12%) for BKNG is below the current ROIC(41.42%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.62% | ||
| ROE | N/A | ||
| ROIC | 41.42% |
ROA(3y)11.54%
ROA(5y)11.52%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)25.12%
ROIC(5y)20.66%
1.3 Margins
BKNG's Profit Margin of 20.07% is amongst the best of the industry. BKNG outperforms 94.78% of its industry peers.
In the last couple of years the Profit Margin of BKNG has declined.
The Operating Margin of BKNG (27.33%) is better than 94.03% of its industry peers.
In the last couple of years the Operating Margin of BKNG has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 27.33% | ||
| PM (TTM) | 20.07% | ||
| GM | N/A |
OM growth 3Y60.06%
OM growth 5Y-5.76%
PM growth 3Y184.9%
PM growth 5Y-6.11%
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.
BKNG has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, BKNG has less shares outstanding
Compared to 1 year ago, BKNG has a worse debt to assets ratio.
2.2 Solvency
BKNG has an Altman-Z score of 6.35. This indicates that BKNG is financially healthy and has little risk of bankruptcy at the moment.
With an excellent Altman-Z score value of 6.35, BKNG belongs to the best of the industry, outperforming 94.03% of the companies in the same industry.
The Debt to FCF ratio of BKNG is 2.03, which is a good value as it means it would take BKNG, 2.03 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of BKNG (2.03) is better than 83.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 2.03 | ||
| Altman-Z | 6.35 |
ROIC/WACC4.69
WACC8.84%
2.3 Liquidity
A Current Ratio of 1.28 indicates that BKNG should not have too much problems paying its short term obligations.
BKNG's Current ratio of 1.28 is fine compared to the rest of the industry. BKNG outperforms 64.18% of its industry peers.
BKNG has a Quick Ratio of 1.28. This is a normal value and indicates that BKNG is financially healthy and should not expect problems in meeting its short term obligations.
BKNG has a better Quick ratio (1.28) than 68.66% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 |
3. Growth
3.1 Past
BKNG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 52.40%, which is quite impressive.
BKNG shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 10.56% yearly.
Looking at the last year, BKNG shows a very strong growth in Revenue. The Revenue has grown by 25.01%.
BKNG shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.02% yearly.
EPS 1Y (TTM)52.4%
EPS 3Y220.59%
EPS 5Y10.56%
EPS growth Q2Q29.35%
Revenue 1Y (TTM)25.01%
Revenue growth 3Y46.49%
Revenue growth 5Y8.02%
Revenue growth Q2Q18.15%
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 15.49% yearly.
The Revenue is expected to grow by 9.04% on average over the next years. This is quite good.
EPS Next Y15.86%
EPS Next 2Y16.65%
EPS Next 3Y17.19%
EPS Next 5Y15.49%
Revenue Next Year8.66%
Revenue Next 2Y8.84%
Revenue Next 3Y8.95%
Revenue Next 5Y9.04%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 22.91, the valuation of BKNG can be described as rather expensive.
BKNG's Price/Earnings ratio is a bit cheaper when compared to the industry. BKNG is cheaper than 62.69% of the companies in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.25, BKNG is valued at the same level.
The Price/Forward Earnings ratio is 19.77, which indicates a rather expensive current valuation of BKNG.
BKNG's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. BKNG is cheaper than 64.18% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.67. BKNG is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.91 | ||
| Fwd PE | 19.77 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, BKNG is valued a bit more expensive than the industry average as 66.42% of the companies are valued more cheaply.
74.63% of the companies in the same industry are more expensive than BKNG, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.17 | ||
| EV/EBITDA | 19.09 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BKNG has a very decent profitability rating, which may justify a higher PE ratio.
BKNG's earnings are expected to grow with 17.19% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.44
PEG (5Y)2.17
EPS Next 2Y16.65%
EPS Next 3Y17.19%
5. Dividend
5.1 Amount
BKNG has a Yearly Dividend Yield of 1.02%. Purely for dividend investing, there may be better candidates out there.
BKNG's Dividend Yield is a higher than the industry average which is at 2.62.
With a Dividend Yield of 1.02, BKNG pays less dividend than the S&P500 average, which is at 2.45.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
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
DPN/A
EPS Next 2Y16.65%
EPS Next 3Y17.19%
BOOKING HOLDINGS INC
NASDAQ:BKNG (4/24/2024, 6:51:25 PM)
After market: 3517.52 0 (0%)3517.52
-16.47 (-0.47%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners
Inst Owner Change
Ins Owners
Ins Owner Change
Market Cap120.19B
Analysts
Price Target
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.02% |
Dividend Growth(5Y)
DP
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Surprises & Revisions
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EPS NY rev (3m)
Revenue NQ rev (1m)
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Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.91 | ||
| Fwd PE | 19.77 | ||
| P/S | |||
| P/FCF | |||
| P/OCF | |||
| P/B | |||
| P/tB | |||
| EV/EBITDA |
EPS(TTM)
EY
EPS(NY)
Fwd EY
FCF(TTM)
FCFY
OCF(TTM)
OCFY
SpS
BVpS
TBVpS
PEG (NY)1.44
PEG (5Y)2.17
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 17.62% | ||
| ROE | N/A | ||
| ROCE | |||
| ROIC | |||
| ROICexc | |||
| ROICexgc | |||
| OM | 27.33% | ||
| PM (TTM) | 20.07% | ||
| GM | N/A | ||
| FCFM |
ROA(3y)
ROA(5y)
ROE(3y)
ROE(5y)
ROIC(3y)
ROIC(5y)
ROICexc(3y)
ROICexc(5y)
ROICexgc(3y)
ROICexgc(5y)
ROCE(3y)
ROCE(5y)
ROICexcg growth 3Y
ROICexcg growth 5Y
ROICexc growth 3Y
ROICexc growth 5Y
OM growth 3Y
OM growth 5Y
PM growth 3Y
PM growth 5Y
GM growth 3Y
GM growth 5Y
F-Score
Asset Turnover0.88
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | |||
| Debt/EBITDA | |||
| Cap/Depr | |||
| Cap/Sales | |||
| Interest Coverage | |||
| Cash Conversion | |||
| Profit Quality | |||
| Current Ratio | 1.28 | ||
| Quick Ratio | 1.28 | ||
| Altman-Z |
F-Score
WACC
ROIC/WACC
Cap/Depr(3y)
Cap/Depr(5y)
Cap/Sales(3y)
Cap/Sales(5y)
Profit Quality(3y)
Profit Quality(5y)
Growth
EPS 1Y (TTM)52.4%
EPS 3Y220.59%
EPS 5Y
EPS growth Q2Q
EPS Next Y15.86%
EPS Next 2Y
EPS Next 3Y
EPS Next 5Y
Revenue 1Y (TTM)25.01%
Revenue growth 3Y46.49%
Revenue growth 5Y
Revenue growth Q2Q
Revenue Next Year
Revenue Next 2Y
Revenue Next 3Y
Revenue Next 5Y
EBIT growth 1Y
EBIT growth 3Y
EBIT growth 5Y
EBIT Next Year
EBIT Next 3Y
EBIT Next 5Y
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