TRIP.COM GROUP LTD-ADR (TCOM) Stock Fundamental Analysis
NASDAQ:TCOM - US89677Q1076 - ADR
64.92 USD
+1.3 (+2.04%)
64.98 USD
+0.06 (+0.09%)
Taking everything into account, TCOM scores 5 out of 10 in our fundamental rating. TCOM was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. While TCOM has a great profitability rating, there are quite some concerns on its financial health. TCOM is growing strongly while it is still valued neutral. This is a good combination!
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.
Of the past 5 years TCOM 4 years had a positive operating cash flow.
1.2 Ratios
With a decent Return On Assets value of 6.87%, TCOM is doing good in the industry, outperforming 76.34% 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 69.47% of the companies in the same industry.
TCOM's Return On Invested Capital of 7.10% is fine compared to the rest of the industry. TCOM outperforms 61.07% of its industry peers.
The Average Return On Invested Capital over the past 3 years for TCOM is significantly below the industry average of 15.79%.
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
Looking at the Profit Margin, with a value of 30.85%, TCOM belongs to the top of the industry, outperforming 99.24% of the companies in the same industry.
TCOM's Profit Margin has improved in the last couple of years.
Looking at the Operating Margin, with a value of 26.12%, TCOM belongs to the top of the industry, outperforming 92.37% of the companies in the same industry.
In the last couple of years the Operating Margin of TCOM has grown nicely.
The Gross Margin of TCOM (81.06%) is better than 95.42% of its industry peers.
TCOM's Gross Margin has been stable in the last couple of years.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), TCOM is destroying value.
TCOM has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, TCOM has more shares outstanding
TCOM has a better debt/assets ratio than last year.
2.2 Solvency
TCOM has a Debt/Equity ratio of 0.13. This is a healthy value indicating a solid balance between debt and equity.
The Debt to Equity ratio of TCOM (0.13) is better than 80.15% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.13 | ||
| Debt/FCF | N/A | ||
| Altman-Z | N/A |
ROIC/WACC0.87
WACC8.2%
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.
The Current ratio of TCOM (1.46) is better than 72.52% of its industry peers.
A Quick Ratio of 1.46 indicates that TCOM should not have too much problems paying its short term obligations.
The Quick ratio of TCOM (1.46) is better than 75.57% 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 24.63%, which is quite impressive.
TCOM shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 21.30% yearly.
The Revenue has grown by 16.95% in the past year. This is quite good.
TCOM shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.36% yearly.
EPS 1Y (TTM)24.63%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.67%
Revenue 1Y (TTM)16.95%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.17%
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 12.47% on average per year.
The Revenue is expected to grow by 12.14% on average over the next years. This is quite good.
EPS Next Y-1.22%
EPS Next 2Y7.47%
EPS Next 3Y10.22%
EPS Next 5Y12.47%
Revenue Next Year15.75%
Revenue Next 2Y14.76%
Revenue Next 3Y14.32%
Revenue Next 5Y12.14%
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in 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
Based on the Price/Earnings ratio of 16.44, the valuation of TCOM can be described as correct.
TCOM's Price/Earnings ratio is rather cheap when compared to the industry. TCOM is cheaper than 80.15% of the companies in the same industry.
TCOM's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.24.
With a Price/Forward Earnings ratio of 14.20, TCOM is valued correctly.
TCOM's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. TCOM is cheaper than 78.63% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.82, TCOM is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.44 | ||
| Fwd PE | 14.2 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of TCOM indicates a slightly more expensive valuation: TCOM is more expensive than 70.99% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 22.23 |
4.3 Compensation for Growth
The decent profitability rating of TCOM may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)0.77
EPS Next 2Y7.47%
EPS Next 3Y10.22%
5. Dividend
5.1 Amount
TCOM has a yearly dividend return of 0.48%, which is pretty low.
TCOM's Dividend Yield is a higher than the industry average which is at 7.20.
With a Dividend Yield of 0.48, TCOM pays less dividend than the S&P500 average, which is at 2.36.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
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 2Y7.47%
EPS Next 3Y10.22%
64.92
+1.3 (+2.04%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners34.69%
Inst Owner Change-31.3%
Ins Owners1.18%
Ins Owner ChangeN/A
Market Cap42.27B
Analysts87.14
Price Target76.78 (18.27%)
Short Float %1.92%
Short Ratio4.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.48% |
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)1.28%
PT rev (3m)0.71%
EPS NQ rev (1m)0.49%
EPS NQ rev (3m)-6.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.92%
Revenue NQ rev (1m)-0.03%
Revenue NQ rev (3m)0.15%
Revenue NY rev (1m)-0.03%
Revenue NY rev (3m)-0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 16.44 | ||
| Fwd PE | 14.2 | ||
| P/S | 5.49 | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | 2.08 | ||
| P/tB | 4.21 | ||
| EV/EBITDA | 22.23 |
EPS(TTM)3.95
EY6.08%
EPS(NY)4.57
Fwd EY7.04%
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpS11.81
BVpS31.24
TBVpS15.41
PEG (NY)N/A
PEG (5Y)0.77
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
WACC8.2%
ROIC/WACC0.87
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)24.63%
EPS 3YN/A
EPS 5Y21.3%
EPS Q2Q%-0.67%
EPS Next Y-1.22%
EPS Next 2Y7.47%
EPS Next 3Y10.22%
EPS Next 5Y12.47%
Revenue 1Y (TTM)16.95%
Revenue growth 3Y38.59%
Revenue growth 5Y8.36%
Sales Q2Q%16.17%
Revenue Next Year15.75%
Revenue Next 2Y14.76%
Revenue Next 3Y14.32%
Revenue Next 5Y12.14%
EBIT growth 1Y16.35%
EBIT growth 3YN/A
EBIT growth 5Y22.98%
EBIT Next Year13.49%
EBIT Next 3Y16.59%
EBIT Next 5Y16.44%
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%