TRAVEL + LEISURE CO (TNL) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:TNL - US8941641024 - Common Stock
71.82 USD
+2.18 (+3.13%)
71.82 USD
0 (0%)
Taking everything into account, TNL scores 6 out of 10 in our fundamental rating. TNL was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of TNL get a neutral evaluation. Nothing too spectacular is happening here. TNL scores decently on growth, while it is valued quite cheap. This could make an interesting combination. Finally TNL also has an excellent dividend rating. This makes TNL very considerable for value and dividend investing!
1. Profitability
1.1 Basic Checks
TNL had positive earnings in the past year.
TNL had a positive operating cash flow in the past year.
TNL had positive earnings in 4 of the past 5 years.
Each year in the past 5 years TNL had a positive operating cash flow.
1.2 Ratios
TNL has a better Return On Assets (5.96%) than 71.76% of its industry peers.
With a decent Return On Invested Capital value of 10.73%, TNL is doing good in the industry, outperforming 74.81% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for TNL is in line with the industry average of 10.43%.
The last Return On Invested Capital (10.73%) for TNL is above the 3 year average (10.16%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | N/A | ||
| ROIC | 10.73% |
ROA(3y)5.75%
ROA(5y)3.72%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.16%
ROIC(5y)8.06%
1.3 Margins
TNL's Profit Margin of 10.36% is fine compared to the rest of the industry. TNL outperforms 75.57% of its industry peers.
TNL's Profit Margin has declined in the last couple of years.
TNL's Operating Margin of 19.84% is fine compared to the rest of the industry. TNL outperforms 79.39% of its industry peers.
TNL's Operating Margin has been stable in the last couple of years.
TNL has a Gross Margin (49.51%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of TNL has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.84% | ||
| PM (TTM) | 10.36% | ||
| GM | 49.51% |
OM growth 3Y-0.33%
OM growth 5Y-0.94%
PM growth 3Y2.67%
PM growth 5Y-3.24%
GM growth 3Y-0.05%
GM growth 5Y-1.2%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so TNL is still creating some value.
The number of shares outstanding for TNL has been reduced compared to 1 year ago.
TNL has less shares outstanding than it did 5 years ago.
The debt/assets ratio for TNL has been reduced compared to a year ago.
2.2 Solvency
TNL has an Altman-Z score of 2.42. This is not the best score and indicates that TNL is in the grey zone with still only limited risk for bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 2.42, TNL is in the better half of the industry, outperforming 65.65% of the companies in the same industry.
TNL has a debt to FCF ratio of 11.05. This is a negative value and a sign of low solvency as TNL would need 11.05 years to pay back of all of its debts.
TNL has a Debt to FCF ratio (11.05) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.05 | ||
| Altman-Z | 2.42 |
ROIC/WACC1.45
WACC7.39%
2.3 Liquidity
A Current Ratio of 3.79 indicates that TNL has no problem at all paying its short term obligations.
TNL has a better Current ratio (3.79) than 94.66% of its industry peers.
A Quick Ratio of 2.76 indicates that TNL has no problem at all paying its short term obligations.
TNL has a Quick ratio of 2.76. This is amongst the best in the industry. TNL outperforms 93.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.79 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 3.97% over the past year.
The Earnings Per Share has been growing slightly by 0.53% on average over the past years.
TNL shows a small growth in Revenue. In the last year, the Revenue has grown by 3.58%.
Measured over the past years, TNL shows a decrease in Revenue. The Revenue has been decreasing by -0.90% on average per year.
EPS 1Y (TTM)3.97%
EPS 3Y16.56%
EPS 5Y0.53%
EPS Q2Q%14.65%
Revenue 1Y (TTM)3.58%
Revenue growth 3Y7.23%
Revenue growth 5Y-0.9%
Sales Q2Q%5.14%
3.2 Future
The Earnings Per Share is expected to grow by 13.31% on average over the next years. This is quite good.
The Revenue is expected to grow by 3.79% on average over the next years.
EPS Next Y10.77%
EPS Next 2Y12.34%
EPS Next 3Y13.31%
EPS Next 5YN/A
Revenue Next Year3.78%
Revenue Next 2Y4.04%
Revenue Next 3Y3.79%
Revenue Next 5YN/A
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.
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
With a Price/Earnings ratio of 11.44, the valuation of TNL can be described as very reasonable.
Based on the Price/Earnings ratio, TNL is valued cheaply inside the industry as 86.26% of the companies are valued more expensively.
TNL's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 26.76.
TNL is valuated reasonably with a Price/Forward Earnings ratio of 9.85.
Based on the Price/Forward Earnings ratio, TNL is valued cheaply inside the industry as 88.55% of the companies are valued more expensively.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.96, TNL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 9.85 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TNL is valued a bit cheaper than the industry average as 60.31% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of TNL indicates a rather cheap valuation: TNL is cheaper than 93.89% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.15 | ||
| EV/EBITDA | 10.97 |
4.3 Compensation for Growth
TNL's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of TNL may justify a higher PE ratio.
A more expensive valuation may be justified as TNL's earnings are expected to grow with 13.31% in the coming years.
PEG (NY)1.06
PEG (5Y)21.69
EPS Next 2Y12.34%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
TNL has a Yearly Dividend Yield of 3.28%.
Compared to an average industry Dividend Yield of 3.84, TNL pays a better dividend. On top of this TNL pays more dividend than 87.79% of the companies listed in the same industry.
TNL's Dividend Yield is a higher than the S&P500 average which is at 2.31.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
5.2 History
The dividend of TNL has a limited annual growth rate of 2.47%.
TNL has paid a dividend for at least 10 years, which is a reliable track record.
TNL has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)2.47%
Div Incr Years3
Div Non Decr Years3
5.3 Sustainability
36.01% of the earnings are spent on dividend by TNL. This is a low number and sustainable payout ratio.
TNL's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP36.01%
EPS Next 2Y12.34%
EPS Next 3Y13.31%
71.82
+2.18 (+3.13%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners98.42%
Inst Owner Change-0.99%
Ins Owners4.79%
Ins Owner Change-17.33%
Market Cap4.62B
Revenue(TTM)3.97B
Net Income(TTM)411.00M
Analysts81.25
Price Target75.82 (5.57%)
Short Float %4.54%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.28% |
Yearly Dividend2.05
Dividend Growth(5Y)2.47%
DP36.01%
Div Incr Years3
Div Non Decr Years3
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)1.08%
Min EPS beat(2)-0.39%
Max EPS beat(2)2.54%
EPS beat(4)2
Avg EPS beat(4)0.78%
Min EPS beat(4)-0.46%
Max EPS beat(4)2.54%
EPS beat(8)6
Avg EPS beat(8)8.57%
EPS beat(12)9
Avg EPS beat(12)7.55%
EPS beat(16)11
Avg EPS beat(16)6.97%
Revenue beat(2)0
Avg Revenue beat(2)-0.1%
Min Revenue beat(2)-0.1%
Max Revenue beat(2)-0.1%
Revenue beat(4)1
Avg Revenue beat(4)-0.14%
Min Revenue beat(4)-0.85%
Max Revenue beat(4)0.5%
Revenue beat(8)2
Avg Revenue beat(8)-0.78%
Revenue beat(12)4
Avg Revenue beat(12)-0.47%
Revenue beat(16)6
Avg Revenue beat(16)0.35%
PT rev (1m)0.08%
PT rev (3m)10.2%
EPS NQ rev (1m)-0.92%
EPS NQ rev (3m)-2.65%
EPS NY rev (1m)0.21%
EPS NY rev (3m)0.6%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)-0.05%
Revenue NY rev (3m)0.3%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.44 | ||
| Fwd PE | 9.85 | ||
| P/S | 1.16 | ||
| P/FCF | 9.15 | ||
| P/OCF | 7.52 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.97 |
EPS(TTM)6.28
EY8.74%
EPS(NY)7.29
Fwd EY10.16%
FCF(TTM)7.85
FCFY10.93%
OCF(TTM)9.54
OCFY13.29%
SpS61.67
BVpS-12.76
TBVpS-31.03
PEG (NY)1.06
PEG (5Y)21.69
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.96% | ||
| ROE | N/A | ||
| ROCE | 13.91% | ||
| ROIC | 10.73% | ||
| ROICexc | 11.2% | ||
| ROICexgc | 14.31% | ||
| OM | 19.84% | ||
| PM (TTM) | 10.36% | ||
| GM | 49.51% | ||
| FCFM | 12.73% |
ROA(3y)5.75%
ROA(5y)3.72%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.16%
ROIC(5y)8.06%
ROICexc(3y)10.81%
ROICexc(5y)8.62%
ROICexgc(3y)13.95%
ROICexgc(5y)11.16%
ROCE(3y)13.17%
ROCE(5y)10.44%
ROICexgc growth 3Y3.54%
ROICexgc growth 5Y0.01%
ROICexc growth 3Y4.33%
ROICexc growth 5Y-0.6%
OM growth 3Y-0.33%
OM growth 5Y-0.94%
PM growth 3Y2.67%
PM growth 5Y-3.24%
GM growth 3Y-0.05%
GM growth 5Y-1.2%
F-Score7
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.05 | ||
| Debt/EBITDA | 6.14 | ||
| Cap/Depr | 90.08% | ||
| Cap/Sales | 2.75% | ||
| Interest Coverage | 3.38 | ||
| Cash Conversion | 67.62% | ||
| Profit Quality | 122.87% | ||
| Current Ratio | 3.79 | ||
| Quick Ratio | 2.76 | ||
| Altman-Z | 2.42 |
F-Score7
WACC7.39%
ROIC/WACC1.45
Cap/Depr(3y)75.17%
Cap/Depr(5y)71.21%
Cap/Sales(3y)2.29%
Cap/Sales(5y)2.62%
Profit Quality(3y)86.45%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)3.97%
EPS 3Y16.56%
EPS 5Y0.53%
EPS Q2Q%14.65%
EPS Next Y10.77%
EPS Next 2Y12.34%
EPS Next 3Y13.31%
EPS Next 5YN/A
Revenue 1Y (TTM)3.58%
Revenue growth 3Y7.23%
Revenue growth 5Y-0.9%
Sales Q2Q%5.14%
Revenue Next Year3.78%
Revenue Next 2Y4.04%
Revenue Next 3Y3.79%
Revenue Next 5YN/A
EBIT growth 1Y4.93%
EBIT growth 3Y6.88%
EBIT growth 5Y-1.84%
EBIT Next Year30.5%
EBIT Next 3Y12.65%
EBIT Next 5YN/A
FCF growth 1Y63.43%
FCF growth 3Y-10.57%
FCF growth 5Y-0.29%
OCF growth 1Y64.61%
OCF growth 3Y-6.52%
OCF growth 5Y0.53%
TRAVEL + LEISURE CO / TNL FAQ
What is the ChartMill fundamental rating of TRAVEL + LEISURE CO (TNL) stock?
ChartMill assigns a fundamental rating of 6 / 10 to TNL.
What is the valuation status of TRAVEL + LEISURE CO (TNL) stock?
ChartMill assigns a valuation rating of 8 / 10 to TRAVEL + LEISURE CO (TNL). This can be considered as Undervalued.
Can you provide the profitability details for TRAVEL + LEISURE CO?
TRAVEL + LEISURE CO (TNL) has a profitability rating of 6 / 10.
Can you provide the PE and PB ratios for TNL stock?
The Price/Earnings (PE) ratio for TRAVEL + LEISURE CO (TNL) is 11.44 and the Price/Book (PB) ratio is -5.63.
How financially healthy is TRAVEL + LEISURE CO?
The financial health rating of TRAVEL + LEISURE CO (TNL) is 6 / 10.