| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
FLT Stock Overview
Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, Americas, Europe, the Middle East, Africa, Asia, and internationally.
Rewards
Risk Analysis
No risks detected for FLT from our risk checks.
Flight Centre Travel Group Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | AU$15.90 |
| 52 Week High | AU$25.28 |
| 52 Week Low | AU$13.59 |
| Beta | 2.05 |
| 1 Month Change | -10.27% |
| 3 Month Change | -21.05% |
| 1 Year Change | 6.78% |
| 3 Year Change | -63.65% |
| 5 Year Change | -46.88% |
| Change since IPO | 1,225.01% |
Recent News & Updates
Flight Centre Travel Group Limited's (ASX:FLT) Intrinsic Value Is Potentially 25% Below Its Share Price
In this article we are going to estimate the intrinsic value of Flight Centre Travel Group Limited ( ASX:FLT ) by...
Shareholder Returns
| FLT | AU Hospitality | AU Market | |
|---|---|---|---|
| 7D | -11.1% | -5.8% | -5.4% |
| 1Y | 6.8% | 14.4% | 2.6% |
Return vs Industry: FLT underperformed the Australian Hospitality industry which returned 14.4% over the past year.
Return vs Market: FLT exceeded the Australian Market which returned 2.6% over the past year.
Price Volatility
| FLT volatility | |
|---|---|
| FLT Average Weekly Movement | 5.7% |
| Hospitality Industry Average Movement | 6.1% |
| Market Average Movement | 8.5% |
| 10% most volatile stocks in AU Market | 15.4% |
| 10% least volatile stocks in AU Market | 3.7% |
Stable Share Price: FLT is not significantly more volatile than the rest of Australian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: FLT's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1987 | 8,947 | Skroo Turner | https://www.fctgl.com |
Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets. It also provides tour operations, hotel management, and destination management services.
Flight Centre Travel Group Fundamentals Summary
| FLT fundamental statistics | |
|---|---|
| Market Cap | AU$3.17b |
| Earnings (TTM) | -AU$433.13m |
| Revenue (TTM) | AU$395.91m |
8.0x
P/S Ratio-7.3x
P/E RatioIs FLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLT income statement (TTM) | |
|---|---|
| Revenue | AU$395.91m |
| Cost of Revenue | AU$740.56m |
| Gross Profit | -AU$344.65m |
| Expenses | AU$88.48m |
| Earnings | -AU$433.13m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Feb 24, 2022
| Earnings per share (EPS) | -2.17 |
| Gross Margin | -87.05% |
| Net Profit Margin | -109.40% |
| Debt/Equity Ratio | 95.7% |
How did FLT perform over the long term?
See historical performance and comparisonValuation
Is Flight Centre Travel Group undervalued compared to its fair value and its price relative to the market?
3.32x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: FLT (A$15.9) is trading above our estimate of fair value (A$11.66)
Significantly Below Fair Value: FLT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FLT is unprofitable, so we can't compare its PE Ratio to the Australian 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 is overvalued based on its PB Ratio (3.3x) compared to the AU Hospitality industry average (3x).
Future Growth
How is Flight Centre Travel Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
74.7%
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 (1.9%).
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 (32% per year) is forecast to grow faster than the Australian market (4.6% per year).
High Growth Revenue: FLT's revenue (32% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FLT's Return on Equity is forecast to be high in 3 years time (23.6%)
Past Performance
How has Flight Centre Travel Group performed over the past 5 years?
-58.1%
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 58.1% 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 (-14.7%).
Return on Equity
High ROE: FLT has a negative Return on Equity (-45.34%), as it is currently unprofitable.
Financial Health
How is Flight Centre Travel Group's financial position?
Financial Position Analysis
Short Term Liabilities: FLT's short term assets (A$1.8B) exceed its short term liabilities (A$1.3B).
Long Term Liabilities: FLT's short term assets (A$1.8B) exceed its long term liabilities (A$1.0B).
Debt to Equity History and Analysis
Debt Level: FLT has more cash than its total debt.
Reducing Debt: FLT's debt to equity ratio has increased from 5.7% to 95.7% over the past 5 years.
Debt Coverage: FLT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FLT's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Flight Centre Travel Group current dividend yield, its reliability and sustainability?
2.16%
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?
4.3yrs
Average management tenure
CEO
Skroo Turner (72 yo)
no data
Tenure
AU$650,985
Compensation
Mr. Graham F. Turner, also known as Skroo, BVSc, founded Flight Centre Travel Group Limited and serves as its Chief Executive Officer and Global Managing Director. Mr. Turner is the Founder of Australian O...
CEO Compensation Analysis
Compensation vs Market: Skroo's total compensation ($USD464.92K) is below average for companies of similar size in the Australian market ($USD1.38M).
Compensation vs Earnings: Skroo's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: FLT's management team is considered experienced (4.3 years average tenure).
Board Members
Experienced Board: FLT's board of directors are considered experienced (6.6 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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Flight Centre Travel Group Limited's 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
- Implied Market Cap: AU$3.174b
- Shares outstanding: 199.61m
- Website: https://www.fctgl.com
Number of Employees
Location
- Flight Centre Travel Group Limited
- 275 Grey Street
- Southpoint
- South Brisbane
- Queensland
- 4101
- Australia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/26 07:02 |
| End of Day Share Price | 2022/01/25 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2021/06/30 |
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.