Booking Holdings Inc. provides travel and restaurant online reservation and related services worldwide. More Details
Exceptional growth potential and slightly overvalued.
Share Price & News
How has Booking Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BKNG is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: BKNG's weekly volatility (4%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BKNG underperformed the US Hospitality industry which returned 47.4% over the past year.
Return vs Market: BKNG underperformed the US Market which returned 34.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Booking Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StInvestors Could Be Concerned With Booking Holdings' (NASDAQ:BKNG) Returns On Capital
1 month ago | Simply Wall StIs Booking Holdings Inc. (NASDAQ:BKNG) Potentially Undervalued?
1 month ago | Simply Wall StCan Booking Holdings Inc.'s (NASDAQ:BKNG) ROE Continue To Surpass The Industry Average?
Is Booking Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BKNG ($2139.29) is trading below our estimate of fair value ($2681.57)
Significantly Below Fair Value: BKNG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BKNG is poor value based on its PE Ratio (124.6x) compared to the US Hospitality industry average (30.4x).
PE vs Market: BKNG is poor value based on its PE Ratio (124.6x) compared to the US market (17.9x).
Price to Earnings Growth Ratio
PEG Ratio: BKNG is poor value based on its PEG Ratio (4x)
Price to Book Ratio
PB vs Industry: BKNG is overvalued based on its PB Ratio (18.4x) compared to the US Hospitality industry average (3.5x).
How is Booking Holdings forecast to perform in the next 1 to 3 years based on estimates from 29 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BKNG's forecast earnings growth (31.3% per year) is above the savings rate (2%).
Earnings vs Market: BKNG's earnings (31.3% per year) are forecast to grow faster than the US market (15% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: BKNG's revenue (22.1% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: BKNG's revenue (22.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BKNG's Return on Equity is forecast to be very high in 3 years time (79%).
How has Booking Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BKNG has a large one-off gain of $1.4B impacting its March 31 2021 financial results.
Growing Profit Margin: BKNG's current net profit margins (12.4%) are lower than last year (23.4%).
Past Earnings Growth Analysis
Earnings Trend: BKNG's earnings have declined by 2.1% per year over the past 5 years.
Accelerating Growth: BKNG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BKNG had negative earnings growth (-79.3%) over the past year, making it difficult to compare to the Hospitality industry average (20.1%).
Return on Equity
High ROE: BKNG's Return on Equity (14.8%) is considered low.
How is Booking Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: BKNG's short term assets ($14.1B) exceed its short term liabilities ($6.5B).
Long Term Liabilities: BKNG's short term assets ($14.1B) exceed its long term liabilities ($12.4B).
Debt to Equity History and Analysis
Debt Level: BKNG's debt to equity ratio (287.1%) is considered high.
Reducing Debt: BKNG's debt to equity ratio has increased from 71% to 287.1% over the past 5 years.
Debt Coverage: BKNG's debt is not well covered by operating cash flow (1.9%).
Interest Coverage: BKNG's interest payments on its debt are not well covered by EBIT (0.3x coverage).
What is Booking Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate BKNG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate BKNG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if BKNG's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if BKNG's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of BKNG's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Glenn Fogel (59 yo)
Mr. Glenn D. Fogel has been Chief Executive Officer of Booking.com B.V. June 26, 2019. Mr. Fogel has been the Chief Executive Officer and President of Booking Holdings Inc. (fka The Priceline Group Inc.) s...
CEO Compensation Analysis
Compensation vs Market: Glenn's total compensation ($USD7.15M) is below average for companies of similar size in the US market ($USD11.16M).
Compensation vs Earnings: Glenn's compensation has been consistent with company performance over the past year.
Experienced Management: BKNG's management team is considered experienced (3.6 years average tenure).
Experienced Board: BKNG's board of directors are considered experienced (3.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Booking Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Booking Holdings Inc.
- Ticker: BKNG
- Exchange: NasdaqGS
- Founded: 1997
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: US$87.824b
- Shares outstanding: 41.05m
- Website: https://www.bookingholdings.com
Number of Employees
- Booking Holdings Inc.
- 800 Connecticut Avenue
- United States
Booking Holdings Inc. provides travel and restaurant online reservation and related services worldwide. The company operates Booking.com, which offers online accommodation reservations; Rentalcars.com that...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 23:32|
|End of Day Share Price||2021/08/03 00:00|
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.