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Market Cap

US$5.7b

Last Updated

2021/05/09 23:01 UTC

Data Sources

Company Financials +

Executive Summary

Travel + Leisure Co. provides hospitality services and products in the United States and internationally. More Details


Snowflake Analysis

High growth potential second-rate dividend payer.


Similar Companies

Share Price & News

How has Travel + Leisure's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: TNL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TNL's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.7%

TNL

-4.7%

US Hospitality

0.2%

US Market


1 Year Return

158.3%

TNL

77.4%

US Hospitality

49.9%

US Market

Return vs Industry: TNL exceeded the US Hospitality industry which returned 77.4% over the past year.

Return vs Market: TNL exceeded the US Market which returned 49.9% over the past year.


Shareholder returns

TNLIndustryMarket
7 Day1.7%-4.7%0.2%
30 Day2.4%-5.7%1.5%
90 Day28.6%1.3%3.3%
1 Year168.2%158.3%78.2%77.4%52.4%49.9%
3 Year47.7%-41.3%10.9%5.9%63.7%53.4%
5 Year157.8%-2.6%71.0%58.1%130.6%104.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Travel + Leisure undervalued compared to its fair value and its price relative to the market?

27.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: TNL ($65.63) is trading below our estimate of fair value ($90.46)

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


Price To Earnings Ratio

PE vs Industry: TNL is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

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


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TNL has negative assets, so we can't compare its PB Ratio to the US Hospitality industry average.


Future Growth

How is Travel + Leisure forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

61.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TNL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: TNL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: TNL's is expected to become profitable in the next 3 years.

Revenue vs Market: TNL's revenue (17% per year) is forecast to grow faster than the US market (9.1% per year).

High Growth Revenue: TNL's revenue (17% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: TNL's Return on Equity is forecast to be high in 3 years time (29.5%)


Past Performance

How has Travel + Leisure performed over the past 5 years?

-31.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TNL is currently unprofitable.

Growing Profit Margin: TNL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TNL is unprofitable, and losses have increased over the past 5 years at a rate of 31.6% per year.

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

Earnings vs Industry: TNL is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-31.7%).


Return on Equity

High ROE: TNL's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Travel + Leisure's financial position?


Financial Position Analysis

Short Term Liabilities: TNL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: TNL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: TNL has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: TNL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

Debt Coverage: TNL's debt is not well covered by operating cash flow (7.1%).

Interest Coverage: TNL is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Dividend

What is Travel + Leisure current dividend yield, its reliability and sustainability?

1.83%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TNL's dividend (1.83%) is higher than the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: TNL's dividend (1.83%) is low compared to the top 25% of dividend payers in the US market (3.4%).


Stability and Growth of Payments

Stable Dividend: TNL's dividend payments have been volatile in the past 10 years.

Growing Dividend: TNL's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: TNL is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: TNL's dividends in 3 years are forecast to be well covered by earnings (28.6% payout ratio).


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Mike Brown (49 yo)

2.92yrs

Tenure

US$12,927,592

Compensation

Mr. Michael D. Brown, also known as Mike, has been Director, President and Chief Executive Officer at Travel + Leisure Co. (formerly, Wyndham Destinations,Inc). since June 1, 2018. Mr. Brown was the Chief ...


CEO Compensation Analysis

Compensation vs Market: Mike's total compensation ($USD12.93M) is above average for companies of similar size in the US market ($USD6.51M).

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


Leadership Team

Experienced Management: TNL's management team is considered experienced (2.9 years average tenure).


Board Members

Experienced Board: TNL's board of directors are considered experienced (7.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: TNL insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Travel + Leisure Co.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Travel + Leisure Co.
  • Ticker: TNL
  • Exchange: NYSE
  • Founded: 1990
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: US$5.656b
  • Shares outstanding: 86.18m
  • Website: https://www.travelandleisureco.com

Number of Employees


Location

  • Travel + Leisure Co.
  • 6277 Sea Harbor Drive
  • Orlando
  • Florida
  • 32821
  • United States

Listings


Biography

Travel + Leisure Co. provides hospitality services and products in the United States and internationally. The company operates in two segments, Vacation Ownership; and Travel and Membership. The Vacation O...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/09 23:01
End of Day Share Price2021/05/07 00:00
Earnings2021/03/31
Annual Earnings2020/12/31


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.