Trip.com logged a -0.3% change during today's morning session, and is now trading at a price of $74.83 per share.
Trip.com returned gains of 59.2% last year, with its stock price reaching a high of $77.18 and a low of $46.2. Over the same period, the stock outperformed the S&P 500 index by 44.1%. More recently, the company's 50-day average price was $61.86. Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally. Based in Singapore, Singapore, the Large-Cap Real Estate company has 41,073 full time employees. Trip.com has not offered a dividend during the last year.
Wider Gross Margins Than the Industry Average of 29.19%:
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Revenue (M) | $5,122 | $2,807 | $3,142 | $2,907 | $6,269 | $7,302 |
Gross Margins | 79% | 78% | 77% | 78% | 82% | 81% |
Net Margins | 20% | -18% | -3% | 7% | 22% | 32% |
Net Income (M) | $1,006 | -$497 | -$86 | $206 | $1,397 | $2,338 |
Net Interest Expense (M) | $241 | $263 | $246 | $219 | $291 | $238 |
Depreciation & Amort. (M) | $94 | $121 | $113 | $92 | $88 | $90 |
Diluted Shares (M) | 642 | 601 | 634 | 657 | 671 | 689 |
Earnings Per Share | $1.57 | -$0.83 | -$0.14 | $0.31 | $2.08 | $3.39 |
EPS Growth | n/a | -152.87% | 83.13% | 321.43% | 570.97% | 62.98% |
Free Cash Flow (M) | $937 | -$669 | $299 | $308 | $3,013 | $2,611 |
CAPEX (M) | $118 | $81 | $89 | $72 | $85 | $81 |
Total Debt (M) | $7,189 | $8,641 | $6,263 | $17,837 | $22,742 | $11,362 |
Net Debt / EBITDA | 5.3 | -60.49 | -29.19 | 143.66 | 10.03 | 2.32 |
Current Ratio | 0.98 | 0.99 | 1.0 | 1.0 | 1.23 | 1.51 |
Trip.com has generally positive cash flows and wider gross margins than its peer group. Additionally, the company's financial statements display a strong EPS growth trend and a decent current ratio of 1.51. However, the firm has a highly leveraged balance sheet. Finally, we note that Trip.com has growing revenues and decreasing reinvestment in the business.
an Exceptionally Low P/B Ratio but Its Shares Are Expensive:
Trip.com has a trailing twelve month P/E ratio of 17.1, compared to an average of 27.31 for the Real Estate sector. Based on its EPS guidance of $3.64, the company has a forward P/E ratio of 17.0. The 12.8% compound average growth rate of Trip.com's historical and projected earnings per share yields a PEG ratio of 1.34. This implies that the shares are fairly valued. In contrast, the market is likely undervaluing Trip.com in terms of its equity because its P/B ratio is 0.33 while the sector average is 1.94. The company's shares are currently trading 61.4% below their Graham number.
Trip.com Has an Analyst Consensus of Some Upside Potential:
The 29 analysts following Trip.com have set target prices ranging from $70.2474 to $97.34289 per share, for an average of $80.08 with a buy rating. The company is trading -6.6% away from its average target price, indicating that there is an analyst consensus of some upside potential.
Trip.com has a very low short interest because 1.7% of the company's shares are sold short. Institutions own 29.0% of the company's shares, and the insider ownership rate stands at 0.0%, suggesting a small amount of insider investors. The largest shareholder is Capital World Investors, whose 6% stake in the company is worth $2,692,001,106.