TUNIU CORP-SPON ADR (TOUR) Stock Fundamental Analysis
NASDAQ:TOUR - Nasdaq - US89977P1066 - ADR - Currency: USD
Taking everything into account, TOUR scores 5 out of 10 in our fundamental rating. TOUR was compared to 131 industry peers in the Hotels, Restaurants & Leisure industry. TOUR has only an average score on both its financial health and profitability. TOUR has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year TOUR was profitable.
In the past year TOUR had a positive cash flow from operations.
In the past 5 years TOUR reported 4 times negative net income.
The reported operating cash flow has been mixed in the past 5 years: TOUR reported negative operating cash flow in multiple years.
1.2 Ratios
TOUR's Return On Assets of 4.03% is fine compared to the rest of the industry. TOUR outperforms 62.60% of its industry peers.
With a decent Return On Equity value of 7.12%, TOUR is doing good in the industry, outperforming 64.12% of the companies in the same industry.
TOUR has a Return On Invested Capital (6.07%) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 7.12% | ||
| ROIC | 6.07% |
ROA(3y)-3.76%
ROA(5y)-11.5%
ROE(3y)-6.63%
ROE(5y)-24.79%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
TOUR has a better Profit Margin (14.98%) than 88.55% of its industry peers.
TOUR has a Operating Margin of 15.18%. This is in the better half of the industry: TOUR outperforms 67.18% of its industry peers.
With an excellent Gross Margin value of 69.65%, TOUR belongs to the best of the industry, outperforming 84.73% of the companies in the same industry.
TOUR's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 15.18% | ||
| PM (TTM) | 14.98% | ||
| GM | 69.65% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.93%
GM growth 5Y8.01%
2. Health
2.1 Basic Checks
TOUR has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
TOUR has less shares outstanding than it did 1 year ago.
The number of shares outstanding for TOUR has been reduced compared to 5 years ago.
The debt/assets ratio for TOUR has been reduced compared to a year ago.
2.2 Solvency
TOUR has an Altman-Z score of -4.78. This is a bad value and indicates that TOUR is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of -4.78, TOUR is doing worse than 93.89% of the companies in the same industry.
There is no outstanding debt for TOUR. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Altman-Z | -4.78 |
ROIC/WACC0.62
WACC9.85%
2.3 Liquidity
A Current Ratio of 1.35 indicates that TOUR should not have too much problems paying its short term obligations.
TOUR has a better Current ratio (1.35) than 68.70% of its industry peers.
A Quick Ratio of 1.35 indicates that TOUR should not have too much problems paying its short term obligations.
TOUR has a Quick ratio of 1.35. This is in the better half of the industry: TOUR outperforms 71.76% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 |
3. Growth
3.1 Past
TOUR shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 177.78%, which is quite impressive.
Looking at the last year, TOUR shows a quite strong growth in Revenue. The Revenue has grown by 16.45% in the last year.
TOUR shows a very negative growth in Revenue. Measured over the last years, the Revenue has been decreasing by -25.77% yearly.
EPS 1Y (TTM)177.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.56%
Revenue 1Y (TTM)16.45%
Revenue growth 3Y6.46%
Revenue growth 5Y-25.77%
Sales Q2Q%3%
3.2 Future
The Earnings Per Share is expected to decrease by -21.60% on average over the next years. This is quite bad
The Revenue is expected to grow by 13.31% on average over the next years. This is quite good.
EPS Next Y-90.36%
EPS Next 2Y-37.91%
EPS Next 3Y-21.6%
EPS Next 5YN/A
Revenue Next Year13.23%
Revenue Next 2Y13.23%
Revenue Next 3Y13.31%
Revenue Next 5YN/A
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
TOUR is valuated reasonably with a Price/Earnings ratio of 9.51.
Based on the Price/Earnings ratio, TOUR is valued cheaply inside the industry as 96.18% of the companies are valued more expensively.
Compared to an average S&P500 Price/Earnings ratio of 28.05, TOUR is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 75.21, the valuation of TOUR can be described as expensive.
65.65% of the companies in the same industry are cheaper than TOUR, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of TOUR to the average of the S&P500 Index (37.67), we can say TOUR is valued expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 75.21 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, TOUR is valued a bit cheaper than 79.39% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, TOUR is valued cheaply inside the industry as 96.18% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.6 | ||
| EV/EBITDA | 8.58 |
4.3 Compensation for Growth
TOUR's earnings are expected to decrease with -21.60% in the coming years. This may justify a cheaper valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-37.91%
EPS Next 3Y-21.6%
5. Dividend
5.1 Amount
TOUR has a Yearly Dividend Yield of 3.31%. Purely for dividend investing, there may be better candidates out there.
TOUR's Dividend Yield is rather good when compared to the industry average which is at 3.51. TOUR pays more dividend than 86.26% of the companies in the same industry.
TOUR's Dividend Yield is a higher than the S&P500 average which is at 2.32.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
TOUR is new to the dividend game and has less than 3 years of track record.
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
DPN/A
EPS Next 2Y-37.91%
EPS Next 3Y-21.6%
0.8561
-0.02 (-2.16%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners9.95%
Inst Owner Change-0.38%
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap100.77M
Analysts85.71
Price Target1.73 (102.08%)
Short Float %0.41%
Short Ratio0.83
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-Date
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)0%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 9.51 | ||
| Fwd PE | 75.21 | ||
| P/S | 1.41 | ||
| P/FCF | 8.6 | ||
| P/OCF | 7.53 | ||
| P/B | 0.67 | ||
| P/tB | 0.75 | ||
| EV/EBITDA | 8.58 |
EPS(TTM)0.09
EY10.51%
EPS(NY)0.01
Fwd EY1.33%
FCF(TTM)0.1
FCFY11.63%
OCF(TTM)0.11
OCFY13.29%
SpS0.61
BVpS1.28
TBVpS1.15
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.03% | ||
| ROE | 7.12% | ||
| ROCE | 7.68% | ||
| ROIC | 6.07% | ||
| ROICexc | 6.07% | ||
| ROICexgc | 6.82% | ||
| OM | 15.18% | ||
| PM (TTM) | 14.98% | ||
| GM | 69.65% | ||
| FCFM | 16.34% |
ROA(3y)-3.76%
ROA(5y)-11.5%
ROE(3y)-6.63%
ROE(5y)-24.79%
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
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y19.93%
GM growth 5Y8.01%
F-Score8
Asset Turnover0.27
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0 | ||
| Debt/FCF | 0 | ||
| Debt/EBITDA | 0 | ||
| Cap/Depr | 192.93% | ||
| Cap/Sales | 2.33% | ||
| Interest Coverage | 26.17 | ||
| Cash Conversion | 113.99% | ||
| Profit Quality | 109.09% | ||
| Current Ratio | 1.35 | ||
| Quick Ratio | 1.35 | ||
| Altman-Z | -4.78 |
F-Score8
WACC9.85%
ROIC/WACC0.62
Cap/Depr(3y)99.5%
Cap/Depr(5y)69.38%
Cap/Sales(3y)2.7%
Cap/Sales(5y)3.57%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)177.78%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%80.56%
EPS Next Y-90.36%
EPS Next 2Y-37.91%
EPS Next 3Y-21.6%
EPS Next 5YN/A
Revenue 1Y (TTM)16.45%
Revenue growth 3Y6.46%
Revenue growth 5Y-25.77%
Sales Q2Q%3%
Revenue Next Year13.23%
Revenue Next 2Y13.23%
Revenue Next 3Y13.31%
Revenue Next 5YN/A
EBIT growth 1Y477.78%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year526.16%
EBIT Next 3Y111.94%
EBIT Next 5YN/A
FCF growth 1Y-62.37%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-58.8%
OCF growth 3YN/A
OCF growth 5YN/A