DB:TVD6

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Travel24.com AG operates as an online travel agency. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has Travel24.com's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TVD6 is more volatile than 90% of German stocks over the past 3 months, typically moving +/- 41% a week.

Volatility Over Time: TVD6's weekly volatility has increased from 30% to 41% over the past year.


Market Performance


7 Day Return

112.5%

TVD6

0.06%

DE Online Retail

1.4%

DE Market


1 Year Return

119.8%

TVD6

100.3%

DE Online Retail

0.9%

DE Market

Return vs Industry: TVD6 exceeded the German Online Retail industry which returned 92.9% over the past year.

Return vs Market: TVD6 exceeded the German Market which returned 0.6% over the past year.


Shareholder returns

TVD6IndustryMarket
7 Day112.5%0.06%1.4%
30 Day189.8%-0.6%8.7%
90 Day183.3%8.2%2.3%
1 Year119.8%119.8%101.0%100.3%4.1%0.9%
3 Year4.8%4.8%103.7%106.4%3.9%-5.1%
5 Year52.1%52.1%64.2%61.0%24.8%7.1%

Long-Term Price Volatility Vs. Market

How volatile is Travel24.com's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Travel24.com undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TVD6 (€5.1) is trading below our estimate of fair value (€10.98)

Significantly Below Fair Value: TVD6 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: TVD6 is unprofitable, so we can't compare its PE Ratio to the DE Online Retail industry average.

PE vs Market: TVD6 is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate TVD6's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: TVD6 is overvalued based on its PB Ratio (17.7x) compared to the DE Online Retail industry average (5.8x).


Next Steps

Future Growth

How is Travel24.com forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

38.1%

Forecasted Retail industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Travel24.com has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Travel24.com performed over the past 5 years?

-4.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TVD6 is currently unprofitable.

Growing Profit Margin: TVD6 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TVD6 is unprofitable, and losses have increased over the past 5 years at a rate of 4.8% per year.

Accelerating Growth: Unable to compare TVD6's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TVD6 is unprofitable, making it difficult to compare its past year earnings growth to the Online Retail industry (30.6%).


Return on Equity

High ROE: TVD6 has a negative Return on Equity (-437.15%), as it is currently unprofitable.


Next Steps

Financial Health

How is Travel24.com's financial position?


Financial Position Analysis

Short Term Liabilities: TVD6's short term assets (€3.8M) do not cover its short term liabilities (€5.7M).

Long Term Liabilities: TVD6's short term assets (€3.8M) exceed its long term liabilities (€349.5K).


Debt to Equity History and Analysis

Debt Level: TVD6 is debt free.

Reducing Debt: TVD6 has no debt compared to 5 years ago when its debt to equity ratio was 536.5%.


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: Whilst unprofitable TVD6 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: TVD6 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.5% per year.


Next Steps

Dividend

What is Travel24.com current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TVD6's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TVD6'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 TVD6's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TVD6's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of TVD6's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.1yrs

Average board tenure


CEO

Armin Schauer

no data

Tenure

€281,000

Compensation

Mr. Armin Schauer has been the Chairman of Management Board at Travel24.com AG since October 1, 2011 and serves as its and Chief Executive Officer .


CEO Compensation Analysis

Compensation vs Market: Armin's total compensation ($USD0.00) is below average for companies of similar size in the German market ($USD471.21K).

Compensation vs Earnings: Armin's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Michael Klemmer
Deputy Chairman of the Supervisory Board3.08yrsno data9.45%
€ 980.6k
Jens Wiesner
Chairman of the Supervisory Board1yrno datano data
Peter Maurer
Member of Supervisory Board1.08yrsno datano data

1.1yrs

Average Tenure

Experienced Board: TVD6's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Travel24.com AG's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Travel24.com AG
  • Ticker: TVD6
  • Exchange: DB
  • Founded: 1996
  • Industry: Internet and Direct Marketing Retail
  • Sector: Retail
  • Market Cap: €10.371m
  • Shares outstanding: 2.03m
  • Website: https://www.travel24.com

Number of Employees


Location

  • Travel24.com AG
  • Salomonstr. 25a
  • Leipzig
  • Saxony
  • 4103
  • Germany

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TVD6DB (Deutsche Boerse AG)YesBearer SharesDEEURMar 2000

Biography

Travel24.com AG operates as an online travel agency. The company offers a range of travel services, including flight, hotel, and holiday booking services for business and leisure customers. Its portal port...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 18:47
End of Day Share Price2020/11/25 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.