Trip.com Group Limited

DB:CLV Stock Report

Market Cap: €45.2b

Trip.com Group Valuation

Is CLV undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CLV when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CLV (€68.8) is trading below our estimate of fair value (€113.38)

Significantly Below Fair Value: CLV is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CLV?

Key metric: As CLV is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CLV. This is calculated by dividing CLV's market cap by their current earnings.
What is CLV's PE Ratio?
PE Ratio21.2x
EarningsCN¥16.21b
Market CapCN¥344.13b

Price to Earnings Ratio vs Peers

How does CLV's PE Ratio compare to its peers?

The above table shows the PE ratio for CLV vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average21.2x
TUI1 TUI
8.5x16.1%€4.3b
IFA LS Invest
6.3xn/a€283.7m
HLT Hilton Worldwide Holdings
51.7x17.6%US$60.8b
CCL Carnival Corporation &
18.3x14.7%US$34.6b
CLV Trip.com Group
21.2x9.4%€47.2b

Price-To-Earnings vs Peers: CLV is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the peer average (21.2x).

Price to Earnings Ratio vs Industry

How does CLV's PE Ratio compare vs other companies in the European Hospitality Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CLV 21.2xIndustry Avg. 17.5xNo. of Companies15PE01224364860+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CLV is expensive based on its Price-To-Earnings Ratio (21.2x) compared to the European Hospitality industry average (17.5x).

Price to Earnings Ratio vs Fair Ratio

What is CLV's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CLV PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21.2x
Fair PE Ratio34.6x

Price-To-Earnings vs Fair Ratio: CLV is good value based on its Price-To-Earnings Ratio (21.2x) compared to the estimated Fair Price-To-Earnings Ratio (34.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CLV forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€68.80
€73.44
+6.7%
11.3%€96.24€49.53n/a29
Dec ’25€61.00
€71.18
+16.7%
9.5%€82.27€48.86n/a30
Nov ’25€58.20
€60.55
+4.0%
12.8%€77.55€44.15n/a30
Oct ’25€55.00
€58.06
+5.6%
12.0%€72.50€43.47n/a30
Sep ’25€43.20
€58.14
+34.6%
12.0%€72.73€43.42n/a30
Aug ’25€38.50
€60.17
+56.3%
10.2%€72.99€46.04n/a30
Jul ’25€44.00
€61.39
+39.5%
11.8%€80.85€46.47n/a30
Jun ’25€46.40
€61.22
+31.9%
11.6%€80.40€46.21n/a30
May ’25€45.70
€51.72
+13.2%
10.1%€66.69€40.76n/a30
Apr ’25€40.90
€51.03
+24.8%
9.9%€66.69€40.75n/a30
Mar ’25€41.10
€50.35
+22.5%
10.5%€66.40€40.58n/a31
Feb ’25€34.20
€45.81
+34.0%
12.0%€63.01€32.88n/a31
Jan ’25€31.70
€45.76
+44.4%
12.0%€63.02€32.88n/a31
Dec ’24€32.00
€45.97
+43.7%
12.0%€63.35€33.05€61.0031
Nov ’24€31.90
€47.15
+47.8%
10.9%€62.82€33.69€58.2030
Oct ’24€33.00
€47.83
+44.9%
9.9%€63.50€40.23€55.0030
Sep ’24€37.20
€44.32
+19.1%
8.9%€54.02€36.57€43.2031
Aug ’24€36.90
€44.18
+19.7%
8.9%€52.62€36.65€38.5031
Jul ’24€31.90
€43.64
+36.8%
9.9%€53.11€35.37€44.0030
Jun ’24€29.00
€42.29
+45.8%
10.0%€52.56€31.23€46.4031
May ’24€31.70
€42.17
+33.0%
10.0%€52.50€31.19€45.7031
Apr ’24€33.80
€42.99
+27.2%
10.1%€54.07€31.78€40.9031
Mar ’24€34.50
€39.11
+13.4%
11.2%€49.68€29.10€41.1031
Feb ’24€34.30
€38.05
+10.9%
10.7%€47.36€28.82€34.2030
Jan ’24€32.30
€37.02
+14.6%
11.5%€48.79€28.72€31.7030
Dec ’23€30.00
€30.56
+1.9%
9.8%€37.74€25.21€32.0030

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:30
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Trip.com Group Limited is covered by 81 analysts. 35 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Alicia YapBarclays
Jiong ShaoBarclays
Yanfang JiangBenchmark Company