| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 6/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| 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$17.65 |
| 52 Week High | AU$25.28 |
| 52 Week Low | AU$13.67 |
| Beta | 1.75 |
| 1 Month Change | -1.45% |
| 3 Month Change | -11.57% |
| 1 Year Change | 18.86% |
| 3 Year Change | -60.59% |
| 5 Year Change | -61.04% |
| Change since IPO | 1,370.84% |
Recent News & Updates
Is There An Opportunity With Flight Centre Travel Group Limited's (ASX:FLT) 24% Undervaluation?
How far off is Flight Centre Travel Group Limited ( ASX:FLT ) from its intrinsic value? Using the most recent financial...
Is It Time To Consider Buying Flight Centre Travel Group Limited (ASX:FLT)?
Flight Centre Travel Group Limited ( ASX:FLT ), might not be a large cap stock, but it received a lot of attention from...
Shareholder Returns
| FLT | AU Hospitality | AU Market | |
|---|---|---|---|
| 7D | 2.9% | 0.1% | 1.0% |
| 1Y | 18.9% | -24.6% | -7.9% |
Return vs Industry: FLT exceeded the Australian Hospitality industry which returned -24.6% over the past year.
Return vs Market: FLT exceeded the Australian Market which returned -7.9% over the past year.
Price Volatility
| FLT volatility | |
|---|---|
| FLT Average Weekly Movement | 5.6% |
| Hospitality Industry Average Movement | 8.1% |
| Market Average Movement | 10.6% |
| 10% most volatile stocks in AU Market | 17.5% |
| 10% least volatile stocks in AU Market | 4.7% |
Stable Share Price: FLT is less volatile than 75% 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$3.53b |
| Earnings (TTM) | -AU$397.08m |
| Revenue (TTM) | AU$552.26m |
6.4x
P/S Ratio-8.9x
P/E RatioIs FLT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| FLT income statement (TTM) | |
|---|---|
| Revenue | AU$552.26m |
| Cost of Revenue | AU$737.90m |
| Gross Profit | -AU$185.64m |
| Other Expenses | AU$211.44m |
| Earnings | -AU$397.08m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 25, 2022
| Earnings per share (EPS) | -1.99 |
| Gross Margin | -33.61% |
| Net Profit Margin | -71.90% |
| Debt/Equity Ratio | 145.8% |
How did FLT perform over the long term?
See historical performance and comparisonValuation
Is FLT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for FLT?
Other financial metrics that can be useful for relative valuation.
| What is FLT's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | AU$3.53b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 6.9x |
| Enterprise Value/EBITDA | -6.8x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does FLT's PS Ratio compare to its peers?
| FLT PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7.6x | ||
WEB Webjet | 13.9x | 23.2% | AU$1.9b |
CTD Corporate Travel Management | 10.9x | 23.4% | AU$3.0b |
HLO Helloworld Travel | 3.6x | 23.5% | AU$288.4m |
ENN Elanor Investors Group | 2x | -10.3% | AU$193.4m |
FLT Flight Centre Travel Group | 6.4x | 25.7% | AU$3.5b |
Price-To-Sales vs Peers: FLT is good value based on its Price-To-Sales Ratio (6.4x) compared to the peer average (7.6x).
Price to Earnings Ratio vs Industry
How does FLT's PE Ratio compare vs other companies in the AU Hospitality Industry?
Price-To-Sales vs Industry: FLT is expensive based on its Price-To-Sales Ratio (6.4x) compared to the Australian Hospitality industry average (2.4x)
Price to Sales Ratio vs Fair Ratio
What is FLT's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 6.4x |
| Fair PS Ratio | 3.8x |
Price-To-Sales vs Fair Ratio: FLT is expensive based on its Price-To-Sales Ratio (6.4x) compared to the estimated Fair Price-To-Sales Ratio (3.8x).
Share Price vs Fair Value
What is the Fair Price of FLT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: FLT (A$17.65) is trading below our estimate of fair value (A$48.66)
Significantly Below Fair Value: FLT is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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Future Growth
How is Flight Centre Travel Group forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
Future Growth Score
6/6Future Growth Score 6/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
55.2%
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 (1.8%).
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 is expected to become profitable in the next 3 years.
Revenue vs Market: FLT's revenue (25.7% per year) is forecast to grow faster than the Australian market (5.7% per year).
High Growth Revenue: FLT's revenue (25.7% 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 (26.5%)
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Past Performance
How has Flight Centre Travel Group performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-58.5%
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 58.5% 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 (47.1%).
Return on Equity
High ROE: FLT has a negative Return on Equity (-46.55%), as it is currently unprofitable.
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Financial Health
How is Flight Centre Travel Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: FLT's short term assets (A$1.9B) exceed its short term liabilities (A$1.3B).
Long Term Liabilities: FLT's short term assets (A$1.9B) exceed its long term liabilities (A$1.3B).
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 2.7% to 145.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FLT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FLT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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Dividend
What is Flight Centre Travel Group current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.48%
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.
Earnings Payout to Shareholders
Earnings Coverage: FLT is not paying a notable dividend for the Australian market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as FLT has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
4.8yrs
Average management tenure
CEO
Skroo Turner (73 yo)
no data
Tenure
AU$650,985
Compensation
Mr. Graham F. Turner, also known as Skroo, BVSc, founded Flight Centre Travel Group Limited and serves as its Chief Executive Officer and Global Managing Director. Mr. Turner is the Founder of Australian O...
CEO Compensation Analysis
Compensation vs Market: Skroo's total compensation ($USD448.77K) is below average for companies of similar size in the Australian market ($USD1.92M).
Compensation vs Earnings: Skroo's compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: FLT's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: FLT's board of directors are considered experienced (7.2 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$3.527b
- Shares outstanding: 199.84m
- 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 | 2022/08/08 00:00 |
| End of Day Share Price | 2022/08/08 00:00 |
| Earnings | 2021/12/31 |
| 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.