GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:GBTG - US37890B1008 - Common Stock
8.25 USD
+0.25 (+3.13%)
8.25 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to GBTG. GBTG was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. GBTG may be in some trouble as it scores bad on both profitability and health. While showing a medium growth rate, GBTG is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
GBTG had negative earnings in the past year.
GBTG had a positive operating cash flow in the past year.
In the past 5 years GBTG always reported negative net income.
In multiple years GBTG reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.21%, GBTG is doing worse than 60.15% of the companies in the same industry.
GBTG has a Return On Equity of 0.65%. This is comparable to the rest of the industry: GBTG outperforms 54.89% of its industry peers.
GBTG has a Return On Invested Capital (4.11%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.65% | ||
| ROIC | 4.11% |
ROA(3y)-2.05%
ROA(5y)-8.27%
ROE(3y)-11.6%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
GBTG has a Profit Margin of 0.40%. This is in the lower half of the industry: GBTG underperforms 60.90% of its industry peers.
Looking at the Operating Margin, with a value of 7.11%, GBTG is in line with its industry, outperforming 47.37% of the companies in the same industry.
In the last couple of years the Operating Margin of GBTG has declined.
GBTG has a Gross Margin of 61.02%. This is in the better half of the industry: GBTG outperforms 75.19% of its industry peers.
In the last couple of years the Gross Margin of GBTG has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.11% | ||
| PM (TTM) | 0.4% | ||
| GM | 61.03% |
OM growth 3YN/A
OM growth 5Y-12.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.04%
GM growth 5Y0.55%
2. Health
2.1 Basic Checks
GBTG has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
GBTG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, GBTG has more shares outstanding
The debt/assets ratio for GBTG is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.05, we must say that GBTG is in the distress zone and has some risk of bankruptcy.
GBTG has a Altman-Z score of 1.05. This is in the lower half of the industry: GBTG underperforms 63.16% of its industry peers.
The Debt to FCF ratio of GBTG is 11.20, which is on the high side as it means it would take GBTG, 11.20 years of fcf income to pay off all of its debts.
GBTG has a Debt to FCF ratio of 11.20. This is comparable to the rest of the industry: GBTG outperforms 56.39% of its industry peers.
A Debt/Equity ratio of 0.89 indicates that GBTG is somewhat dependend on debt financing.
GBTG has a better Debt to Equity ratio (0.89) than 61.65% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 11.2 | ||
| Altman-Z | 1.05 |
ROIC/WACC0.51
WACC8.04%
2.3 Liquidity
A Current Ratio of 1.23 indicates that GBTG should not have too much problems paying its short term obligations.
The Current ratio of GBTG (1.23) is better than 63.16% of its industry peers.
GBTG has a Quick Ratio of 1.23. This is a normal value and indicates that GBTG is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.23, GBTG is doing good in the industry, outperforming 66.17% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 63.58% over the past year.
The Revenue has been growing slightly by 5.81% in the past year.
GBTG shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.72% yearly.
EPS 1Y (TTM)63.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.91%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%12.9%
3.2 Future
GBTG is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 43.99% yearly.
Based on estimates for the next years, GBTG will show a small growth in Revenue. The Revenue will grow by 6.89% on average per year.
EPS Next Y113.92%
EPS Next 2Y67.21%
EPS Next 3Y47.73%
EPS Next 5Y43.99%
Revenue Next Year12.06%
Revenue Next 2Y15.95%
Revenue Next 3Y11.66%
Revenue Next 5Y6.89%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
GBTG reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 28.02, which means the current valuation is very expensive for GBTG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GBTG is on the same level as its industry peers.
When comparing the Price/Forward Earnings ratio of GBTG to the average of the S&P500 Index (23.57), we can say GBTG is valued inline with the index average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.02 |
4.2 Price Multiples
GBTG's Enterprise Value to EBITDA ratio is in line with the industry average.
The rest of the industry has a similar Price/Free Cash Flow ratio as GBTG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 34.83 | ||
| EV/EBITDA | 14.67 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as GBTG's earnings are expected to grow with 47.73% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y67.21%
EPS Next 3Y47.73%
5. Dividend
5.1 Amount
GBTG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
8.25
+0.25 (+3.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners38.76%
Inst Owner Change0%
Ins Owners4.77%
Ins Owner Change-3.06%
Market Cap4.32B
Revenue(TTM)2.52B
Net Income(TTM)10.00M
Analysts83.08
Price Target11.07 (34.18%)
Short Float %3.86%
Short Ratio5.06
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0% |
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)0
Avg EPS beat(2)-505.12%
Min EPS beat(2)-949.67%
Max EPS beat(2)-60.57%
EPS beat(4)1
Avg EPS beat(4)-373.99%
Min EPS beat(4)-949.67%
Max EPS beat(4)30.94%
EPS beat(8)2
Avg EPS beat(8)-280.71%
EPS beat(12)2
Avg EPS beat(12)-579.89%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)2.98%
Min Revenue beat(2)-1.56%
Max Revenue beat(2)7.51%
Revenue beat(4)1
Avg Revenue beat(4)0.1%
Min Revenue beat(4)-3.91%
Max Revenue beat(4)7.51%
Revenue beat(8)1
Avg Revenue beat(8)-1.44%
Revenue beat(12)5
Avg Revenue beat(12)-0.5%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)7.14%
PT rev (3m)9.67%
EPS NQ rev (1m)-33.33%
EPS NQ rev (3m)-74.75%
EPS NY rev (1m)-13.53%
EPS NY rev (3m)-83.27%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)28%
Revenue NY rev (1m)0%
Revenue NY rev (3m)8.98%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 28.02 | ||
| P/S | 1.72 | ||
| P/FCF | 34.83 | ||
| P/OCF | 17.56 | ||
| P/B | 2.82 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.67 |
EPS(TTM)-0.11
EYN/A
EPS(NY)0.29
Fwd EY3.57%
FCF(TTM)0.24
FCFY2.87%
OCF(TTM)0.47
OCFY5.7%
SpS4.81
BVpS2.92
TBVpS-1.51
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.21% | ||
| ROE | 0.65% | ||
| ROCE | 5.21% | ||
| ROIC | 4.11% | ||
| ROICexc | 4.7% | ||
| ROICexgc | 20.38% | ||
| OM | 7.11% | ||
| PM (TTM) | 0.4% | ||
| GM | 61.03% | ||
| FCFM | 4.93% |
ROA(3y)-2.05%
ROA(5y)-8.27%
ROE(3y)-11.6%
ROE(5y)-26.03%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y-92.96%
ROICexc growth 3YN/A
ROICexc growth 5Y-94.57%
OM growth 3YN/A
OM growth 5Y-12.48%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y17.04%
GM growth 5Y0.55%
F-Score7
Asset Turnover0.53
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.89 | ||
| Debt/FCF | 11.2 | ||
| Debt/EBITDA | 3.89 | ||
| Cap/Depr | 70.93% | ||
| Cap/Sales | 4.85% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.09% | ||
| Profit Quality | 1240% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 1.23 | ||
| Altman-Z | 1.05 |
F-Score7
WACC8.04%
ROIC/WACC0.51
Cap/Depr(3y)56.67%
Cap/Depr(5y)46.07%
Cap/Sales(3y)4.81%
Cap/Sales(5y)5.22%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)63.58%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%40.91%
EPS Next Y113.92%
EPS Next 2Y67.21%
EPS Next 3Y47.73%
EPS Next 5Y43.99%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%12.9%
Revenue Next Year12.06%
Revenue Next 2Y15.95%
Revenue Next 3Y11.66%
Revenue Next 5Y6.89%
EBIT growth 1Y276.47%
EBIT growth 3YN/A
EBIT growth 5Y-10.1%
EBIT Next Year203.32%
EBIT Next 3Y60.81%
EBIT Next 5Y44.43%
FCF growth 1Y1650%
FCF growth 3YN/A
FCF growth 5Y0%
OCF growth 1Y146%
OCF growth 3YN/A
OCF growth 5Y3.68%
GLOBAL BUSINESS TRAVEL GROUP / GBTG FAQ
What is the ChartMill fundamental rating of GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
ChartMill assigns a fundamental rating of 3 / 10 to GBTG.
Can you provide the valuation status for GLOBAL BUSINESS TRAVEL GROUP?
ChartMill assigns a valuation rating of 3 / 10 to GLOBAL BUSINESS TRAVEL GROUP (GBTG). This can be considered as Overvalued.
How profitable is GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
GLOBAL BUSINESS TRAVEL GROUP (GBTG) has a profitability rating of 2 / 10.
Can you provide the financial health for GBTG stock?
The financial health rating of GLOBAL BUSINESS TRAVEL GROUP (GBTG) is 3 / 10.