DB:TXM1

Stock Analysis Report

Executive Summary

Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America.

Snowflake

Fundamentals

Flawless balance sheet with proven track record.

Risks

  • Travelzoo has significant price volatility in the past 3 months.
  • Travelzoo is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Travelzoo's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.4%

DB:TXM1

-2.4%

DE Interactive Media and Services

-1.6%

DE Market


1 Year Return

-9.0%

DB:TXM1

14.8%

DE Interactive Media and Services

-10.5%

DE Market

TXM1 underperformed the Interactive Media and Services industry which returned 14% over the past year.

TXM1 outperformed the Market in Germany which returned -12% over the past year.


Share holder returns

TXM1IndustryMarket
7 Day-4.4%-2.4%-1.6%
30 Day-21.3%-0.03%-5.4%
90 Day-43.2%7.0%-6.0%
1 Year-9.0%-9.0%15.3%14.8%-7.7%-10.5%
3 Year-5.0%-5.0%56.3%52.5%9.4%-0.02%
5 Year-21.7%-21.7%216.0%200.1%25.5%8.1%

Price Volatility Vs. Market

How volatile is Travelzoo's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Travelzoo undervalued based on future cash flows and its price relative to the stock market?

5%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Travelzoo's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Travelzoo's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Travelzoo is good value based on earnings compared to the DE Interactive Media and Services industry average.

Travelzoo is overvalued based on earnings compared to the Germany market.


Price Based on Expected Growth

Travelzoo is poor value based on expected growth next year.


Price Based on Value of Assets

Travelzoo is good value based on assets compared to the DE Interactive Media and Services industry average.


Next Steps

Future Growth

How is Travelzoo expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

13.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Travelzoo's revenue is expected to grow by 4.4% yearly, however this is not considered high growth (20% yearly).

Travelzoo's earnings are expected to grow by 13.6% yearly, however this is not considered high growth (20% yearly).

Travelzoo's revenue growth is positive but not above the Germany market average.

Travelzoo's earnings growth is expected to exceed the Germany market average.

Travelzoo's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Travelzoo will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Travelzoo performed over the past 5 years?

-16.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Travelzoo's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Travelzoo's 1-year earnings growth exceeds its 5-year average (99.2% vs -16.5%)

Travelzoo's earnings growth has exceeded the Europe Interactive Media and Services industry average in the past year (99.2% vs 16.3%).


Return on Equity

Travelzoo made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).


Return on Assets

Travelzoo used its assets less efficiently than the DE Interactive Media and Services industry average last year based on Return on Assets.


Return on Capital Employed

Travelzoo has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

  • Explore strong past performing companies in the media industry.

Financial Health

How is Travelzoo's financial position?


Financial Position Analysis

Travelzoo is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Travelzoo's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Travelzoo has no debt.

Travelzoo currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Travelzoo has no debt, it does not need to be covered by operating cash flow.

Travelzoo has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Travelzoo has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Travelzoo's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Travelzoo's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Travelzoo's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Travelzoo has not reported any payouts.

Unable to verify if Travelzoo's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Travelzoo has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Travelzoo's salary, the management and board of directors tenure and is there insider trading?

1.3yrs

Average management tenure


CEO

Holger Bartel (52yo)

3.6yrs

Tenure

US$232,000

Compensation

Mr. Holger Bartel, Ph.D. Global Chief Executive Officer of Travelzoo Inc. since January 1, 2016. Mr. Bartel served as the Chairman of Travelzoo Inc. since June 2010 until May 22, 2017. Mr. Bartel served as ...


CEO Compensation Analysis

Holger's remuneration is about average for companies of similar size in Germany.

Holger's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

1.3yrs

Average Tenure

47yo

Average Age

The average tenure for the Travelzoo management team is less than 2 years, this suggests a new team.


Board Age and Tenure

3.1yrs

Average Tenure

50yo

Average Age

The tenure for the Travelzoo board of directors is about average.


Insider Trading

Travelzoo individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Sell€41007 Aug 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares39
Max Price€10.50
Sell€1,003,26331 Jul 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares87,300
Max Price€11.51
Sell€33,74626 Jul 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares2,500
Max Price€13.50
Sell€840,65517 Jun 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares56,000
Max Price€15.06
Sell€442,24730 May 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares26,409
Max Price€16.79
Sell€1,021,61324 May 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares60,591
Max Price€17.02
Sell€972,61216 May 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares52,000
Max Price€18.77
Buy€69,49311 Mar 19
Christian Smart
EntityIndividual
Role
General Manager of Germany
Shares6,000
Max Price€11.59
Sell€1,364,13214 Feb 19
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares100,000
Max Price€13.64
Buy€5,06418 Dec 18
Christian Smart
EntityIndividual
Role
General Manager of Germany
Shares700
Max Price€7.23
Buy€25,72610 Dec 18
Christian Smart
EntityIndividual
Role
General Manager of Germany
Shares3,300
Max Price€7.82
Buy€32,01606 Nov 18
Christian Smart
EntityIndividual
Role
General Manager of Germany
Shares4,000
Max Price€8.08
Sell€1,346,62001 Nov 18
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares205,000
Max Price€6.57
Sell€1,150,04429 Oct 18
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares170,000
Max Price€7.10
Sell€160,60104 Sep 18
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares15,000
Max Price€10.71
Sell€105,10722 Aug 18
Ralph Bartel
EntityIndividual
Role
Founder
Chairman of the Board
Shares9,141
Max Price€11.50

Ownership Breakdown


Management Team

  • Wayne Lee (47yo)

    Interim Chief Financial Officer

    • Tenure: 0.8yrs
    • Compensation: $370.49k
  • Scott Wang

    Head of Strategy of Asia Pacific & GM of Greater China

    • Tenure: 0.3yrs
  • Christina Ciocca (31yo)

    Counsel & Secretary

    • Tenure: 1.3yrs
  • Tara Kraft

    Head of Publishing

    • Tenure: 2.3yrs
  • Mike Peterson (61yo)

    Chief Technology Officer

    • Tenure: 1.2yrs
    • Compensation: $782.11k
  • Christian Smart (39yo)

    General Manager of Germany

    • Tenure: 2.7yrs
    • Compensation: $393.15k
  • Sharry Sun

    Global Head of Brand

    • Tenure: 1.3yrs
  • Holger Bartel (52yo)

    Global Chief Executive Officer

    • Tenure: 3.6yrs
    • Compensation: $232.00k
  • Ralph Bartel (53yo)

    Founder

    • Tenure: 21.3yrs
  • Lisa Su (43yo)

    Principal Accounting Officer

    • Tenure: 0.8yrs
    • Compensation: $341.07k

Board Members

  • Ralph Bartel (53yo)

    Founder

    • Tenure: 2.3yrs
  • Beatrice Tarka (47yo)

    Director

    • Tenure: 4.0yrs
    • Compensation: $70.72k
  • Mary Reilly (66yo)

    Director

    • Tenure: 5.9yrs
    • Compensation: $107.44k
  • Carrie Liu (38yo)

    Director

    • Tenure: 2.3yrs
    • Compensation: $74.64k

Company Information

Travelzoo's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Travelzoo
  • Ticker: TXM1
  • Exchange: DB
  • Founded: 1998
  • Industry: interactive media and services
  • Sector: media
  • Market Cap: US$132.849m
  • Listing Market Cap: US$119.723m
  • Shares outstanding: 11.74m
  • Website: Click here

Number of Employees


Location

  • Travelzoo
  • 590 Madison Avenue
  • 37th Floor
  • New York
  • New York
  • 10022
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TZOONasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDAug 2002
TXM1DB (Deutsche Boerse AG)YesCommon StockDEEURAug 2002

Biography

Travelzoo provides travel, entertainment, and local deals from travel and entertainment companies, and local businesses in the Asia Pacific, Europe, and North America. Its publications and products include ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/16 21:41
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.