TRIP.COM GROUP LTD-ADR (TCOM) Stock Fundamental Analysis
USA - NASDAQ:TCOM - US89677Q1076 - ADR
73.32 USD
-1.86 (-2.47%)
73.32 USD
0 (0%)
Taking everything into account, TCOM scores 5 out of 10 in our fundamental rating. TCOM was compared to 135 industry peers in the Hotels, Restaurants & Leisure industry. While TCOM belongs to the best of the industry regarding profitability, there are concerns on its financial health. TCOM is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
In the past year TCOM was profitable.
In multiple years TCOM reported negative net income over the last 5 years.
TCOM had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
With a decent Return On Assets value of 6.87%, TCOM is doing good in the industry, outperforming 75.56% of the companies in the same industry.
With a decent Return On Equity value of 11.67%, TCOM is doing good in the industry, outperforming 69.63% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 7.10%, TCOM is in the better half of the industry, outperforming 62.22% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TCOM is significantly below the industry average of 15.67%.
The last Return On Invested Capital (7.10%) for TCOM is above the 3 year average (4.09%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.67% | ||
| ROIC | 7.1% |
ROA(3y)4.1%
ROA(5y)2.05%
ROE(3y)7.11%
ROE(5y)3.52%
ROIC(3y)4.09%
ROIC(5y)N/A
1.3 Margins
With an excellent Profit Margin value of 30.85%, TCOM belongs to the best of the industry, outperforming 98.52% of the companies in the same industry.
TCOM's Profit Margin has improved in the last couple of years.
TCOM has a better Operating Margin (26.12%) than 93.33% of its industry peers.
TCOM's Operating Margin has improved in the last couple of years.
TCOM has a Gross Margin of 81.06%. This is amongst the best in the industry. TCOM outperforms 94.07% of its industry peers.
In the last couple of years the Gross Margin of TCOM has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 26.12% | ||
| PM (TTM) | 30.85% | ||
| GM | 81.06% |
OM growth 3YN/A
OM growth 5Y13.49%
PM growth 3YN/A
PM growth 5Y10.25%
GM growth 3Y1.79%
GM growth 5Y0.48%
2. Health
2.1 Basic Checks
TCOM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for TCOM has been increased compared to 1 year ago.
The number of shares outstanding for TCOM has been increased compared to 5 years ago.
The debt/assets ratio for TCOM has been reduced compared to a year ago.
2.2 Solvency
A Debt/Equity ratio of 0.13 indicates that TCOM is not too dependend on debt financing.
TCOM has a Debt to Equity ratio of 0.13. This is in the better half of the industry: TCOM outperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.88
WACC8.09%
2.3 Liquidity
TCOM has a Current Ratio of 1.46. This is a normal value and indicates that TCOM is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.46, TCOM is in the better half of the industry, outperforming 72.59% of the companies in the same industry.
TCOM has a Quick Ratio of 1.46. This is a normal value and indicates that TCOM is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of TCOM (1.46) is better than 76.30% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
TCOM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 12.95%, which is quite good.
TCOM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.30% yearly.
Looking at the last year, TCOM shows a quite strong growth in Revenue. The Revenue has grown by 19.73% in the last year.
The Revenue has been growing by 8.36% on average over the past years. This is quite good.
EPS 1Y (TTM)12.95%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.69%
Revenue 1Y (TTM)19.73%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.23%
3.2 Future
Based on estimates for the next years, TCOM will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.65% on average per year.
The Revenue is expected to grow by 12.60% on average over the next years. This is quite good.
EPS Next Y3.1%
EPS Next 2Y7.08%
EPS Next 3Y10.37%
EPS Next 5Y12.65%
Revenue Next Year15.89%
Revenue Next 2Y14.92%
Revenue Next 3Y14.41%
Revenue Next 5Y12.6%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 18.42 indicates a rather expensive valuation of TCOM.
Based on the Price/Earnings ratio, TCOM is valued a bit cheaper than 72.59% of the companies in the same industry.
TCOM is valuated rather cheaply when we compare the Price/Earnings ratio to 27.86, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 16.02, TCOM is valued correctly.
Based on the Price/Forward Earnings ratio, TCOM is valued a bit cheaper than the industry average as 71.85% of the companies are valued more expensively.
TCOM is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 23.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 16.02 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TCOM is valued a bit more expensive than 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 25.58 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of TCOM may justify a higher PE ratio.
PEG (NY)5.95
PEG (5Y)0.87
EPS Next 2Y7.08%
EPS Next 3Y10.37%
5. Dividend
5.1 Amount
With a yearly dividend of 0.39%, TCOM is not a good candidate for dividend investing.
TCOM's Dividend Yield is comparable with the industry average which is at 6.83.
Compared to an average S&P500 Dividend Yield of 2.41, TCOM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
5.2 History
TCOM has been paying a dividend for over 5 years, so it has already some track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y7.08%
EPS Next 3Y10.37%
73.32
-1.86 (-2.47%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners38.53%
Inst Owner Change-31.3%
Ins Owners1.18%
Ins Owner ChangeN/A
Market Cap47.74B
Analysts86.9
Price Target84.38 (15.08%)
Short Float %1.85%
Short Ratio3.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.39% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.57%
Min EPS beat(2)4.7%
Max EPS beat(2)10.44%
EPS beat(4)4
Avg EPS beat(4)18.59%
Min EPS beat(4)4.7%
Max EPS beat(4)35.25%
EPS beat(8)8
Avg EPS beat(8)27.33%
EPS beat(12)11
Avg EPS beat(12)42.83%
EPS beat(16)15
Avg EPS beat(16)120.8%
Revenue beat(2)1
Avg Revenue beat(2)-0.11%
Min Revenue beat(2)-1.79%
Max Revenue beat(2)1.56%
Revenue beat(4)1
Avg Revenue beat(4)-0.49%
Min Revenue beat(4)-1.79%
Max Revenue beat(4)1.56%
Revenue beat(8)3
Avg Revenue beat(8)-0.27%
Revenue beat(12)7
Avg Revenue beat(12)2.12%
Revenue beat(16)11
Avg Revenue beat(16)2.45%
PT rev (1m)11.47%
PT rev (3m)11.32%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.51%
EPS NY rev (1m)4.38%
EPS NY rev (3m)4.37%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.06%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.42 | ||
| Fwd PE | 16.02 | ||
| P/S | 6.16 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.33 | ||
| P/tB | 4.72 | ||
| EV/EBITDA | 25.58 |
EPS(TTM)3.98
EY5.43%
EPS(NY)4.58
Fwd EY6.24%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS11.91
BVpS31.49
TBVpS15.54
PEG (NY)5.95
PEG (5Y)0.87
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.87% | ||
| ROE | 11.67% | ||
| ROCE | 8.44% | ||
| ROIC | 7.1% | ||
| ROICexc | 7.1% | ||
| ROICexgc | 12.51% | ||
| OM | 26.12% | ||
| PM (TTM) | 30.85% | ||
| GM | 81.06% | ||
| FCFM | N/A |
ROA(3y)4.1%
ROA(5y)2.05%
ROE(3y)7.11%
ROE(5y)3.52%
ROIC(3y)4.09%
ROIC(5y)N/A
ROICexc(3y)6.72%
ROICexc(5y)N/A
ROICexgc(3y)21.27%
ROICexgc(5y)N/A
ROCE(3y)5.4%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y27.19%
ROICexc growth 3YN/A
ROICexc growth 5Y23.82%
OM growth 3YN/A
OM growth 5Y13.49%
PM growth 3YN/A
PM growth 5Y10.25%
GM growth 3Y1.79%
GM growth 5Y0.48%
F-ScoreN/A
Asset Turnover0.22
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 1.29 | ||
| Cap/Depr | N/A | ||
| Cap/Sales | N/A | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.46 | ||
| Quick Ratio | 1.46 | ||
| Altman-Z | N/A |
F-ScoreN/A
WACC8.09%
ROIC/WACC0.88
Cap/Depr(3y)66.85%
Cap/Depr(5y)60.02%
Cap/Sales(3y)1.65%
Cap/Sales(5y)2.14%
Profit Quality(3y)160%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.95%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.69%
EPS Next Y3.1%
EPS Next 2Y7.08%
EPS Next 3Y10.37%
EPS Next 5Y12.65%
Revenue 1Y (TTM)19.73%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.23%
Revenue Next Year15.89%
Revenue Next 2Y14.92%
Revenue Next 3Y14.41%
Revenue Next 5Y12.6%
EBIT growth 1Y16.35%
EBIT growth 3YN/A
EBIT growth 5Y22.98%
EBIT Next Year15.6%
EBIT Next 3Y16.92%
EBIT Next 5Y17.42%
FCF growth 1Y-11.05%
FCF growth 3Y115.38%
FCF growth 5Y23.98%
OCF growth 1Y-10.81%
OCF growth 3Y99.41%
OCF growth 5Y21.76%