Expedia Group Valuation
Is E3X1 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation 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 E3X1 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: E3X1 (€168.46) is trading below our estimate of fair value (€405.37)
Significantly Below Fair Value: E3X1 is trading below fair value by more than 20%.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for E3X1?
Key metric: As E3X1 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is E3X1's PE Ratio? | |
|---|---|
| PE Ratio | 22.1x |
| Earnings | US$1.07b |
| Market Cap | US$22.99b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 1.9x |
| Enterprise Value/EBITDA | 14.6x |
| PEG Ratio | 1.4x |
Price to Earnings Ratio vs Peers
How does E3X1's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 16.6x | ||
TUI1 TUI | 7x | 17.3% | €3.8b |
IFA LS Invest | 6.5x | n/a | €293.6m |
IHG InterContinental Hotels Group | 30.1x | 10.7% | UK£15.3b |
AMS Amadeus IT Group | 22.7x | 10.7% | €28.7b |
E3X1 Expedia Group | 22.1x | 15.4% | €23.0b |
Price-To-Earnings vs Peers: E3X1 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the peer average (16.6x).
Price to Earnings Ratio vs Industry
How does E3X1's PE Ratio compare vs other companies in the European Hospitality Industry?
| 10 Companies | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
| 10 Companies | Estimated Growth | Market Cap | |
|---|---|---|---|
Price-To-Earnings vs Industry: E3X1 is expensive based on its Price-To-Earnings Ratio (22.1x) compared to the European Hospitality industry average (17.1x).
Price to Earnings Ratio vs Fair Ratio
What is E3X1'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 22.1x |
| Fair PE Ratio | 35.1x |
Price-To-Earnings vs Fair Ratio: E3X1 is good value based on its Price-To-Earnings Ratio (22.1x) compared to the estimated Fair Price-To-Earnings Ratio (35.1x).
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
| Date | Share Price | Average 1Y Price Target | Dispersion | High | Low | 1Y Actual price | Analysts |
|---|---|---|---|---|---|---|---|
| Current | €168.46 | €175.02 +3.9% | 11.0% | €213.73 | €137.74 | n/a | 32 |
| Nov ’25 | €142.82 | €142.55 -0.2% | 13.4% | €185.28 | €109.32 | n/a | 32 |
| Oct ’25 | €131.00 | €134.13 +2.4% | 14.0% | €179.12 | €105.68 | n/a | 33 |
| Sep ’25 | €126.42 | €133.60 +5.7% | 14.2% | €179.32 | €105.80 | n/a | 31 |
| Aug ’25 | €113.28 | €136.33 +20.3% | 14.3% | €185.00 | €109.15 | n/a | 31 |
| Jul ’25 | €116.50 | €137.55 +18.1% | 14.5% | €186.70 | €110.15 | n/a | 31 |
| Jun ’25 | €101.02 | €134.99 +33.6% | 15.1% | €184.68 | €101.57 | n/a | 32 |
| May ’25 | €126.20 | €151.31 +19.9% | 12.3% | €186.54 | €121.25 | n/a | 33 |
| Apr ’25 | €127.44 | €149.40 +17.2% | 12.2% | €184.08 | €119.65 | n/a | 33 |
| Mar ’25 | €126.60 | €151.02 +19.3% | 12.1% | €185.62 | €120.65 | n/a | 33 |
| Feb ’25 | €136.38 | €145.51 +6.7% | 15.7% | €184.66 | €106.18 | n/a | 33 |
| Jan ’25 | €138.42 | €128.11 -7.5% | 19.8% | €181.16 | €81.52 | n/a | 32 |
| Dec ’24 | €127.34 | €122.92 -3.5% | 19.6% | €182.28 | €82.03 | n/a | 32 |
| Nov ’24 | €87.72 | €118.46 +35.0% | 19.0% | €188.38 | €84.77 | €142.82 | 32 |
| Oct ’24 | €97.77 | €118.58 +21.3% | 19.1% | €187.18 | €84.23 | €131.00 | 30 |
| Sep ’24 | €101.04 | €118.58 +17.4% | 19.8% | €183.32 | €82.49 | €126.42 | 30 |
| Aug ’24 | €109.90 | €120.16 +9.3% | 19.1% | €181.88 | €81.85 | €113.28 | 31 |
| Jul ’24 | €100.60 | €118.61 +17.9% | 20.5% | €183.28 | €82.48 | €116.50 | 30 |
| Jun ’24 | €91.53 | €118.87 +29.9% | 19.3% | €162.47 | €83.56 | €101.02 | 27 |
| May ’24 | €85.13 | €120.18 +41.2% | 17.2% | €159.51 | €82.04 | €126.20 | 27 |
| Apr ’24 | €89.50 | €125.17 +39.9% | 15.7% | €162.65 | €83.65 | €127.44 | 28 |
| Mar ’24 | €99.47 | €127.26 +27.9% | 15.6% | €164.97 | €94.27 | €126.60 | 28 |
| Feb ’24 | €104.60 | €116.94 +11.8% | 20.6% | €161.29 | €77.89 | €136.38 | 28 |
| Jan ’24 | €81.86 | €121.56 +48.5% | 20.0% | €166.04 | €80.19 | €138.42 | 27 |
| Dec ’23 | €102.02 | €129.04 +26.5% | 20.2% | €184.40 | €97.05 | €127.34 | 26 |
| Nov ’23 | €97.27 | €145.64 +49.7% | 21.9% | €218.64 | €101.22 | €87.72 | 26 |
Analyst Forecast: Target price is less than 20% higher than the current share price.