GLOBAL BUSINESS TRAVEL GROUP (GBTG) Stock Fundamental Analysis
USA - NYSE:GBTG - US37890B1008 - Common Stock
7.96 USD
+0.19 (+2.45%)
7.96 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to GBTG. GBTG was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. GBTG may be in some trouble as it scores bad on both profitability and health. GBTG is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year GBTG has reported negative net income.
GBTG had a positive operating cash flow in the past year.
GBTG had negative earnings in each of the past 5 years.
In multiple years GBTG reported negative operating cash flow during the last 5 years.
1.2 Ratios
GBTG has a worse Return On Assets (-1.47%) than 71.21% of its industry peers.
GBTG's Return On Equity of -4.75% is in line compared to the rest of the industry. GBTG outperforms 46.21% of its industry peers.
GBTG has a Return On Invested Capital (4.52%) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -4.75% | ||
| ROIC | 4.52% |
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 Operating Margin (6.93%) which is in line with its industry peers.
In the last couple of years the Operating Margin of GBTG has declined.
GBTG's Gross Margin of 61.15% is fine compared to the rest of the industry. GBTG outperforms 74.24% 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 | 6.93% | ||
| PM (TTM) | N/A | ||
| GM | 61.15% |
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.
GBTG has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, GBTG has a worse debt to assets ratio.
2.2 Solvency
GBTG has an Altman-Z score of 1.35. This is a bad value and indicates that GBTG is not financially healthy and even has some risk of bankruptcy.
GBTG has a Altman-Z score (1.35) which is comparable to the rest of the industry.
The Debt to FCF ratio of GBTG is 9.52, which is on the high side as it means it would take GBTG, 9.52 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of GBTG (9.52) is better than 60.61% of its industry peers.
A Debt/Equity ratio of 1.14 is on the high side and indicates that GBTG has dependencies on debt financing.
GBTG has a Debt to Equity ratio of 1.14. This is comparable to the rest of the industry: GBTG outperforms 59.85% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 9.52 | ||
| Altman-Z | 1.35 |
ROIC/WACC0.59
WACC7.62%
2.3 Liquidity
GBTG has a Current Ratio of 1.66. This is a normal value and indicates that GBTG is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.66, GBTG is in the better half of the industry, outperforming 76.52% of the companies in the same industry.
A Quick Ratio of 1.66 indicates that GBTG should not have too much problems paying its short term obligations.
Looking at the Quick ratio, with a value of 1.66, GBTG is in the better half of the industry, outperforming 79.55% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 |
3. Growth
3.1 Past
GBTG shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -96.08%.
The Revenue has been growing slightly by 5.81% in the past year.
Measured over the past years, GBTG shows a small growth in Revenue. The Revenue has been growing by 2.72% on average per year.
EPS 1Y (TTM)-96.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%0.96%
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 Y159.27%
EPS Next 2Y73.56%
EPS Next 3Y49.08%
EPS Next 5Y43.99%
Revenue Next Year2.43%
Revenue Next 2Y3.44%
Revenue Next 3Y4.09%
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
The Price/Earnings Ratio is negative for GBTG. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 21.25 indicates a rather expensive valuation of GBTG.
Compared to the rest of the industry, the Price/Forward Earnings ratio of GBTG is on the same level as its industry peers.
The average S&P500 Price/Forward Earnings ratio is at 32.68. GBTG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.25 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as GBTG.
The rest of the industry has a similar Price/Free Cash Flow ratio as GBTG.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 29.06 | ||
| EV/EBITDA | 14.61 |
4.3 Compensation for Growth
GBTG's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
GBTG's earnings are expected to grow with 49.08% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y73.56%
EPS Next 3Y49.08%
5. Dividend
5.1 Amount
GBTG does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
7.96
+0.19 (+2.45%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners31.17%
Inst Owner Change-1.73%
Ins Owners4.74%
Ins Owner Change-0.75%
Market Cap4.21B
Revenue(TTM)2.44B
Net Income(TTM)-57.00M
Analysts83.08
Price Target10.1 (26.88%)
Short Float %2.71%
Short Ratio6.34
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)-14.82%
Min EPS beat(2)-60.57%
Max EPS beat(2)30.94%
EPS beat(4)1
Avg EPS beat(4)-291.31%
Min EPS beat(4)-618.95%
Max EPS beat(4)30.94%
EPS beat(8)2
Avg EPS beat(8)-223.1%
EPS beat(12)2
Avg EPS beat(12)-522.97%
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-2.73%
Min Revenue beat(2)-3.91%
Max Revenue beat(2)-1.56%
Revenue beat(4)0
Avg Revenue beat(4)-2.93%
Min Revenue beat(4)-4.6%
Max Revenue beat(4)-1.56%
Revenue beat(8)1
Avg Revenue beat(8)-2.28%
Revenue beat(12)4
Avg Revenue beat(12)-1.37%
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)5.96%
EPS NQ rev (1m)-65.75%
EPS NQ rev (3m)-77.2%
EPS NY rev (1m)-28.76%
EPS NY rev (3m)-38.89%
Revenue NQ rev (1m)-0.77%
Revenue NQ rev (3m)2.99%
Revenue NY rev (1m)-0.39%
Revenue NY rev (3m)1.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 21.25 | ||
| P/S | 1.73 | ||
| P/FCF | 29.06 | ||
| P/OCF | 16.21 | ||
| P/B | 3.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 14.61 |
EPS(TTM)-0.2
EYN/A
EPS(NY)0.37
Fwd EY4.71%
FCF(TTM)0.27
FCFY3.44%
OCF(TTM)0.49
OCFY6.17%
SpS4.61
BVpS2.27
TBVpS-0.97
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -1.47% | ||
| ROE | -4.75% | ||
| ROCE | 5.72% | ||
| ROIC | 4.52% | ||
| ROICexc | 5.67% | ||
| ROICexgc | 20.86% | ||
| OM | 6.93% | ||
| PM (TTM) | N/A | ||
| GM | 61.15% | ||
| FCFM | 5.94% |
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-Score8
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.14 | ||
| Debt/FCF | 9.52 | ||
| Debt/EBITDA | 4.07 | ||
| Cap/Depr | 69.28% | ||
| Cap/Sales | 4.71% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 77.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.66 | ||
| Quick Ratio | 1.66 | ||
| Altman-Z | 1.35 |
F-Score8
WACC7.62%
ROIC/WACC0.59
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)-96.08%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%-50%
EPS Next Y159.27%
EPS Next 2Y73.56%
EPS Next 3Y49.08%
EPS Next 5Y43.99%
Revenue 1Y (TTM)5.81%
Revenue growth 3Y46.99%
Revenue growth 5Y2.72%
Sales Q2Q%0.96%
Revenue Next Year2.43%
Revenue Next 2Y3.44%
Revenue Next 3Y4.09%
Revenue Next 5Y6.89%
EBIT growth 1Y276.47%
EBIT growth 3YN/A
EBIT growth 5Y-10.1%
EBIT Next Year198.17%
EBIT Next 3Y54.63%
EBIT Next 5Y44.43%
FCF growth 1Y163.88%
FCF growth 3YN/A
FCF growth 5Y0%
OCF growth 1Y324.14%
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.
What is the valuation status of GLOBAL BUSINESS TRAVEL GROUP (GBTG) stock?
ChartMill assigns a valuation rating of 4 / 10 to GLOBAL BUSINESS TRAVEL GROUP (GBTG). This can be considered as Fairly Valued.
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.