Flight Centre Travel Group
Market Cap
AU$3.0b
Last Updated
2021/01/19 07:01 UTC
Data Sources
Company Financials +
Executive Summary
Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia, and Internationally. More Details
Snowflake Analysis
Reasonable growth potential with mediocre balance sheet.
Similar Companies
Share Price & News
How has Flight Centre Travel Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FLT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: FLT's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
1.3%
FLT
-3.0%
AU Hospitality
-0.3%
AU Market
1 Year Return
-63.5%
FLT
-17.2%
AU Hospitality
-2.7%
AU Market
Return vs Industry: FLT underperformed the Australian Hospitality industry which returned -17.2% over the past year.
Return vs Market: FLT underperformed the Australian Market which returned -2.7% over the past year.
Shareholder returns
| FLT | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | -3.0% | -0.3% |
| 30 Day | -3.8% | -2.7% | 0.7% |
| 90 Day | 11.1% | 2.3% | 9.1% |
| 1 Year | -59.4%-63.5% | -14.7%-17.2% | 0.6%-2.7% |
| 3 Year | -63.0%-69.7% | -9.3%-17.8% | 25.3%9.8% |
| 5 Year | -48.5%-61.0% | 35.0%11.4% | 65.4%32.0% |
Long-Term Price Volatility Vs. Market
How volatile is Flight Centre Travel Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Do Institutions Own Flight Centre Travel Group Limited (ASX:FLT) Shares?1 month ago | Simply Wall St
Is Flight Centre Travel Group (ASX:FLT) Using Debt In A Risky Way?2 months ago | Simply Wall St
Need To Know: Flight Centre Travel Group Limited (ASX:FLT) Insiders Have Been Buying SharesValuation
Is Flight Centre Travel Group undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FLT (A$15.26) is trading below our estimate of fair value (A$172.2)
Significantly Below Fair Value: FLT is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: FLT is unprofitable, so we can't compare its PE Ratio to the AU Hospitality industry average.
PE vs Market: FLT is unprofitable, so we can't compare its PE Ratio to the Australian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FLT's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FLT's PB Ratio (2.2x) is in line with the AU Hospitality industry average.
Next Steps
Future Growth
How is Flight Centre Travel Group forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
82.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FLT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: FLT is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: FLT's is expected to become profitable in the next 3 years.
Revenue vs Market: FLT's revenue (12% per year) is forecast to grow faster than the Australian market (5.1% per year).
High Growth Revenue: FLT's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLT's Return on Equity is forecast to be low in 3 years time (14.2%).
Next Steps
Past Performance
How has Flight Centre Travel Group performed over the past 5 years?
-27.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FLT is currently unprofitable.
Growing Profit Margin: FLT is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: FLT is unprofitable, and losses have increased over the past 5 years at a rate of 27.1% per year.
Accelerating Growth: Unable to compare FLT's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: FLT is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-2.1%).
Return on Equity
High ROE: FLT has a negative Return on Equity (-47.52%), as it is currently unprofitable.
Next Steps
Financial Health
How is Flight Centre Travel Group's financial position?
Financial Position Analysis
Short Term Liabilities: FLT's short term assets (A$2.4B) exceed its short term liabilities (A$1.9B).
Long Term Liabilities: FLT's short term assets (A$2.4B) exceed its long term liabilities (A$749.1M).
Debt to Equity History and Analysis
Debt Level: FLT's debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: FLT's debt to equity ratio has increased from 2.5% to 33.3% over the past 5 years.
Debt Coverage: FLT's debt is not well covered by operating cash flow (1.2%).
Interest Coverage: Insufficient data to determine if FLT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Flight Centre Travel Group current dividend yield, its reliability and sustainability?
1.69%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FLT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FLT's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if FLT's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FLT's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FLT is not paying a notable dividend for the Australian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FLT's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.3yrs
Average management tenure
CEO
Skroo Turner (71 yo)
no data
Tenure
AU$498,442
Compensation
Mr. Graham F. Turner, also known as Skroo, BVSc, founded Flight Centre Travel Group Limited and serves as its Chief Executive Officer and Global Managing Director. Mr. Turner is the Founder of Australian O...
CEO Compensation Analysis
Compensation vs Market: Skroo's total compensation ($USD383.00K) is below average for companies of similar size in the Australian market ($USD1.27M).
Compensation vs Earnings: Skroo's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | AU$498.44k | 9.05% A$ 272.6m | |
| Chief Financial Officer | 5.42yrs | AU$1.31m | 0.011% A$ 326.2k | |
| Chief Executive Officer of Corporate | 12yrs | AU$1.48m | 0.016% A$ 491.5k | |
| Chief Executive Officer of Leisure | 1.08yrs | AU$1.17m | 0.040% A$ 1.2m | |
| Managing Director of Australia | 1yr | AU$630.65k | 0.000040% A$ 1.2k | |
| Managing Director of EMEA | 1yr | AU$656.60k | 0.0086% A$ 260.2k | |
| Managing Director of the Americas | 1yr | AU$739.11k | 0.0042% A$ 127.7k | |
| no data | no data | 7.86% A$ 236.8m | ||
| Investor & Media Relations Officer | no data | no data | no data | |
| Head of Risk Manangement Division | 16yrs | no data | no data | |
| Company Secretary and GM of Mergers & Acquisitions | 12.92yrs | AU$292.28k | no data | |
| Executive Officer | no data | AU$931.69k | no data |
3.3yrs
Average Tenure
48yo
Average Age
Experienced Management: FLT's management team is considered experienced (3.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | AU$498.44k | 9.05% A$ 272.6m | |
| Independent Non-Executive Director | 2.92yrs | AU$144.50k | 0.0026% A$ 78.0k | |
| Independent Non-Executive Chairman | 6.33yrs | AU$212.63k | 0.012% A$ 357.2k | |
| Member of Digital Commerce Advisory Board | 3.83yrs | no data | no data | |
| Independent Non-Executive Director | 8.33yrs | AU$144.50k | 0.0060% A$ 179.5k | |
| Member of Digital Commerce Advisory Board | 3.83yrs | no data | no data | |
| Chair of Digital Commerce Advisory Board | 3.83yrs | no data | no data | |
| Independent Non-Executive Director | 7.33yrs | AU$144.50k | 0.0032% A$ 97.6k | |
| Member of Digital Commerce Advisory Board | no data | no data | no data |
5.1yrs
Average Tenure
60yo
Average Age
Experienced Board: FLT's board of directors are considered experienced (5.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 96.9%.
Top Shareholders
Company Information
Flight Centre Travel Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Flight Centre Travel Group Limited
- Ticker: FLT
- Exchange: ASX
- Founded: 1987
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: AU$3.012b
- Shares outstanding: 199.18m
- Website: https://www.fctgl.com
Number of Employees
Location
- Flight Centre Travel Group Limited
- 275 Grey Street
- Southpoint
- South Brisbane
- Queensland
- 4101
- Australia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| FGET.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 1995 |
| FLT | ASX (Australian Securities Exchange) | Yes | Ordinary Shares | AU | AUD | Dec 1995 |
| FLI | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 1995 |
| FLT | CHIA (Chi-X Australia) | Yes | Ordinary Shares | AU | AUD | Dec 1995 |
Biography
Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 07:01 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.