Optimistic Investors Push Corporate Travel Management Limited (ASX:CTD) Shares Up 28% But Growth Is Lacking
Nov 19
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Australian (ASX) Hotels, Resorts and Cruise Lines Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies7
- 7D-1.5%
- 3M-18.7%
- 1Y-21.3%
- YTDn/a
Over the last 7 days, the Hotels, Resorts and Cruise Lines industry has dropped 1.5%, driven by declines in Web Travel Group and Flight Centre Travel Group of 4.4% and 1.9%, respectively. Overall the industry is down 21% in 12 months. Earnings are forecast to grow by 17% annually.
Industry Valuation and Performance
Has the Australian Hotels, Resorts and Cruise Lines Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 25 Nov 2024 | AU$8.2b | AU$4.3b | AU$320.4m | 22.9x | 25.6x | 1.9x |
| Wed, 23 Oct 2024 | AU$7.9b | AU$4.5b | AU$294.5m | 18.5x | 26.9x | 1.8x |
| Fri, 20 Sep 2024 | AU$10.1b | AU$4.3b | AU$307.0m | 17.9x | 33x | 2.4x |
| Sun, 18 Aug 2024 | AU$10.2b | AU$4.2b | AU$347.7m | 23.1x | 29.4x | 2.5x |
| Tue, 16 Jul 2024 | AU$11.1b | AU$4.2b | AU$347.7m | 25x | 32x | 2.7x |
| Thu, 13 Jun 2024 | AU$10.3b | AU$4.2b | AU$348.2m | 17.1x | 29.5x | 2.5x |
| Sat, 11 May 2024 | AU$10.6b | AU$4.1b | AU$333.3m | 20.1x | 31.9x | 2.6x |
| Mon, 08 Apr 2024 | AU$11.0b | AU$4.1b | AU$333.3m | 21.4x | 33.1x | 2.7x |
| Wed, 06 Mar 2024 | AU$10.2b | AU$4.1b | AU$332.8m | 25.3x | 30.7x | 2.5x |
| Fri, 02 Feb 2024 | AU$11.2b | AU$3.8b | AU$190.9m | 33.4x | 58.7x | 3x |
| Sun, 31 Dec 2023 | AU$10.9b | AU$3.8b | AU$190.9m | 33.7x | 57x | 2.9x |
| Tue, 28 Nov 2023 | AU$10.1b | AU$3.8b | AU$190.9m | 33x | 53x | 2.7x |
| Thu, 26 Oct 2023 | AU$9.5b | AU$3.7b | AU$147.0m | 34.2x | 64.9x | 2.6x |
| Sat, 23 Sep 2023 | AU$10.1b | AU$3.7b | AU$147.0m | 33.2x | 69x | 2.7x |
| Mon, 21 Aug 2023 | AU$11.4b | AU$2.9b | -AU$76,883,652.00 | 65.6x | -147.7x | 3.9x |
| Wed, 19 Jul 2023 | AU$10.8b | AU$2.9b | -AU$76,883,652.00 | 66.6x | -140.8x | 3.7x |
| Fri, 16 Jun 2023 | AU$11.1b | AU$2.9b | -AU$76,883,652.00 | 67.3x | -144.9x | 3.8x |
| Sun, 14 May 2023 | AU$11.3b | AU$2.8b | -AU$112,383,652.00 | 35.1x | -100.5x | 4x |
| Tue, 11 Apr 2023 | AU$10.2b | AU$2.8b | -AU$112,383,652.00 | 35.8x | -90.7x | 3.6x |
| Thu, 09 Mar 2023 | AU$10.2b | AU$2.8b | -AU$112,383,652.00 | 24.4x | -91.1x | 3.6x |
| Sat, 04 Feb 2023 | AU$9.8b | AU$1.9b | -AU$325,770,702.00 | 22x | -30.1x | 5.1x |
| Mon, 02 Jan 2023 | AU$7.9b | AU$1.9b | -AU$325,770,702.00 | 22x | -24.4x | 4.2x |
| Wed, 30 Nov 2022 | AU$8.6b | AU$1.9b | -AU$325,770,702.00 | 23.5x | -26.3x | 4.5x |
| Fri, 28 Oct 2022 | AU$8.4b | AU$1.8b | -AU$389,770,702.00 | 18.5x | -21.6x | 4.7x |
| Sun, 25 Sep 2022 | AU$8.2b | AU$1.8b | -AU$389,771,256.00 | 16.5x | -21.1x | 4.6x |
| Tue, 23 Aug 2022 | AU$8.9b | AU$1.3b | -AU$508,100,492.00 | 163.1x | -17.4x | 6.8x |
| Thu, 21 Jul 2022 | AU$9.0b | AU$1.2b | -AU$537,879,025.00 | 15.7x | -16.7x | 7.5x |
| Sat, 18 Jun 2022 | AU$8.6b | AU$1.2b | -AU$537,879,025.00 | 15.7x | -16.1x | 7.2x |
| Mon, 16 May 2022 | AU$9.7b | AU$1.1b | -AU$661,678,973.00 | 15.7x | -14.6x | 8.7x |
| Wed, 13 Apr 2022 | AU$10.1b | AU$1.1b | -AU$661,798,504.00 | 35.6x | -15.2x | 9x |
| Fri, 11 Mar 2022 | AU$9.8b | AU$1.1b | -AU$661,678,973.00 | 14.3x | -14.7x | 8.7x |
| Sun, 06 Feb 2022 | AU$9.1b | AU$840.9m | -AU$728,318,889.00 | 14.3x | -12.5x | 10.8x |
| Tue, 04 Jan 2022 | AU$9.3b | AU$840.9m | -AU$728,318,889.00 | 14.3x | -12.8x | 11.1x |
| Thu, 02 Dec 2021 | AU$9.1b | AU$840.9m | -AU$728,318,889.00 | 14.3x | -12.6x | 10.9x |
Price to Earnings Ratio
-12.6x
Current Industry PE
- Investors are pessimistic on the Australian Hotels, Resorts and Cruise Lines industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 25.6x which is higher than its 3-year average PE of -13.2x.
- The 3-year average PS ratio of 4.8x is higher than the industry's current PS ratio of 1.9x.
Past Earnings Growth
- Total earnings for the Hotels, Resorts and Cruise Lines industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 72% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Comparison
How does Australian Hotels, Resorts and Cruise Lines compare with similar industries?
| AU Market | 0.93% | |
| Consumer Discretionary | -0.45% | |
| Hospitality | -0.50% | |
| Hotels, Resorts and Cruise Lines | -1.52% | |
| Restaurants | 1.94% | |
| Casinos and Gaming | -0.67% | |
| Leisure Facilities | -1.89% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CTD Corporate Travel Management | AU$14.09 | 2.7% +AU$52.5m | -25.5% | PE23.8x | |
| TCO Transmetro | AU$1.89 | 2.7% +AU$669.1k | 8.0% | PE12.9x |
