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FLT

Flight Centre Travel GroupASX:FLT Stock Report

Last Price

AU$15.90

Market Cap

AU$3.2b

7D

-11.1%

1Y

6.8%

Updated

26 Jan, 2022

Data

Company Financials +
FLT fundamental analysis
Snowflake Score
Valuation0/6
Future Growth6/6
Past Performance0/6
Financial Health3/6
Dividends0/6

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

Earnings are forecast to grow 74.68% per year

Risk Analysis

No risks detected for FLT from our risk checks.

Flight Centre Travel Group Competitors

InterContinental Hotels Group

LSE:IHG

UK£8.6b

Avis Budget Group

NasdaqGS:CAR

US$9.6b

Accor

ENXTPA:AC

€8.0b

SAS

OM:SAS

kr10.1b

Price History & Performance

Summary of all time highs, changes and price drops for Flight Centre Travel Group
Historical stock prices
Current Share PriceAU$15.90
52 Week HighAU$25.28
52 Week LowAU$13.59
Beta2.05
1 Month Change-10.27%
3 Month Change-21.05%
1 Year Change6.78%
3 Year Change-63.65%
5 Year Change-46.88%
Change since IPO1,225.01%

Recent News & Updates

Nov 27
Flight Centre Travel Group Limited's (ASX:FLT) Intrinsic Value Is Potentially 25% Below Its Share Price

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

FLTAU HospitalityAU Market
7D-11.1%-5.8%-5.4%
1Y6.8%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

Is FLT's price volatile compared to industry and market?
FLT volatility
FLT Average Weekly Movement5.7%
Hospitality Industry Average Movement6.1%
Market Average Movement8.5%
10% most volatile stocks in AU Market15.4%
10% least volatile stocks in AU Market3.7%

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

FoundedEmployeesCEOWebsite
19878,947Skroo Turnerhttps://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

How do Flight Centre Travel Group's earnings and revenue compare to its market cap?
FLT fundamental statistics
Market CapAU$3.17b
Earnings (TTM)-AU$433.13m
Revenue (TTM)AU$395.91m

8.0x

P/S Ratio

-7.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLT income statement (TTM)
RevenueAU$395.91m
Cost of RevenueAU$740.56m
Gross Profit-AU$344.65m
ExpensesAU$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 Ratio95.7%

How did FLT perform over the long term?

See historical performance and comparison

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 07:02
End of Day Share Price2022/01/25 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.