TRAVEL + LEISURE CO (TNL) Stock Fundamental Analysis
USA - NYSE:TNL - US8941641024 - Common Stock
61.25 USD
-1.79 (-2.84%)
61.25 USD
0 (0%)
Taking everything into account, TNL scores 6 out of 10 in our fundamental rating. TNL was compared to 132 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. These ratings could make TNL a good candidate for value and dividend investing.
1. Profitability
1.1 Basic Checks
In the past year TNL was profitable.
TNL had a positive operating cash flow in the past year.
TNL had positive earnings in 4 of the past 5 years.
In the past 5 years TNL always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of TNL (5.96%) is better than 73.48% of its industry peers.
TNL has a Return On Invested Capital of 10.73%. This is in the better half of the industry: TNL outperforms 74.24% of its industry peers.
TNL had an Average Return On Invested Capital over the past 3 years of 10.16%. This is in line with the industry average of 10.59%.
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
The Profit Margin of TNL (10.36%) is better than 75.76% of its industry peers.
In the last couple of years the Profit Margin of TNL has declined.
With a decent Operating Margin value of 19.84%, TNL is doing good in the industry, outperforming 78.79% of the companies in the same industry.
TNL's Operating Margin has been stable in the last couple of years.
The Gross Margin of TNL (49.51%) is comparable to the rest of the industry.
TNL's Gross Margin has been stable in the last couple of years.
| 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
TNL has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, TNL has less shares outstanding
Compared to 5 years ago, TNL has less shares outstanding
The debt/assets ratio for TNL has been reduced compared to a year ago.
2.2 Solvency
TNL has an Altman-Z score of 2.37. 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.
TNL has a Altman-Z score of 2.37. This is in the better half of the industry: TNL outperforms 66.67% of its industry peers.
The Debt to FCF ratio of TNL is 11.05, which is on the high side as it means it would take TNL, 11.05 years of fcf income to pay off all of its debts.
TNL has a Debt to FCF ratio of 11.05. This is comparable to the rest of the industry: TNL outperforms 54.55% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.05 | ||
| Altman-Z | 2.37 |
ROIC/WACC1.53
WACC7%
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 94.70% of its industry peers.
A Quick Ratio of 2.76 indicates that TNL has no problem at all paying its short term obligations.
TNL's Quick ratio of 2.76 is amongst the best of the industry. TNL outperforms 94.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 3.79 | ||
| Quick Ratio | 2.76 |
3. Growth
3.1 Past
TNL shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.97%.
TNL shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.53% yearly.
The Revenue has been growing slightly by 3.58% in the past year.
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 14.61% on average over the next years. This is quite good.
The Revenue is expected to grow by 4.14% on average over the next years.
EPS Next Y10.54%
EPS Next 2Y11.94%
EPS Next 3Y14.61%
EPS Next 5YN/A
Revenue Next Year3.83%
Revenue Next 2Y4.24%
Revenue Next 3Y4.14%
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
The Price/Earnings ratio is 9.75, which indicates a very decent valuation of TNL.
Based on the Price/Earnings ratio, TNL is valued cheaply inside the industry as 88.64% 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 25.56.
Based on the Price/Forward Earnings ratio of 8.46, the valuation of TNL can be described as reasonable.
90.15% of the companies in the same industry are more expensive than TNL, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TNL to the average of the S&P500 Index (34.62), we can say TNL is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.75 | ||
| Fwd PE | 8.46 |
4.2 Price Multiples
61.36% of the companies in the same industry are more expensive than TNL, based on the Enterprise Value to EBITDA ratio.
92.42% of the companies in the same industry are more expensive than TNL, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 7.87 | ||
| EV/EBITDA | 10.26 |
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.
The decent profitability rating of TNL may justify a higher PE ratio.
TNL's earnings are expected to grow with 14.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.93
PEG (5Y)18.5
EPS Next 2Y11.94%
EPS Next 3Y14.61%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.51%, TNL has a reasonable but not impressive dividend return.
TNL's Dividend Yield is rather good when compared to the industry average which is at 4.57. TNL pays more dividend than 87.88% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, TNL pays a bit more dividend than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
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 2Y11.94%
EPS Next 3Y14.61%
61.25
-1.79 (-2.84%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners96.17%
Inst Owner Change-1.02%
Ins Owners5.07%
Ins Owner Change-8.2%
Market Cap3.98B
Revenue(TTM)3.97B
Net Income(TTM)411.00M
Analysts81.33
Price Target75.76 (23.69%)
Short Float %4.18%
Short Ratio3.8
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.51% |
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)10.11%
PT rev (3m)11.41%
EPS NQ rev (1m)-1.74%
EPS NQ rev (3m)-0.96%
EPS NY rev (1m)0.29%
EPS NY rev (3m)1.75%
Revenue NQ rev (1m)0.3%
Revenue NQ rev (3m)0.5%
Revenue NY rev (1m)0.35%
Revenue NY rev (3m)0.32%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.75 | ||
| Fwd PE | 8.46 | ||
| P/S | 1 | ||
| P/FCF | 7.87 | ||
| P/OCF | 6.48 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 10.26 |
EPS(TTM)6.28
EY10.25%
EPS(NY)7.24
Fwd EY11.83%
FCF(TTM)7.78
FCFY12.7%
OCF(TTM)9.46
OCFY15.44%
SpS61.11
BVpS-12.65
TBVpS-30.75
PEG (NY)0.93
PEG (5Y)18.5
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 | 2.37 |
F-Score7
WACC7%
ROIC/WACC1.53
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 Y10.54%
EPS Next 2Y11.94%
EPS Next 3Y14.61%
EPS Next 5YN/A
Revenue 1Y (TTM)3.58%
Revenue growth 3Y7.23%
Revenue growth 5Y-0.9%
Sales Q2Q%5.14%
Revenue Next Year3.83%
Revenue Next 2Y4.24%
Revenue Next 3Y4.14%
Revenue Next 5YN/A
EBIT growth 1Y4.93%
EBIT growth 3Y6.88%
EBIT growth 5Y-1.84%
EBIT Next Year29.23%
EBIT Next 3Y12.69%
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 9.75 and the Price/Book (PB) ratio is -4.84.
How financially healthy is TRAVEL + LEISURE CO?
The financial health rating of TRAVEL + LEISURE CO (TNL) is 6 / 10.