FLIGHT CENTRE TRAVEL GROUP LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 20.99 AUD | +1.16% |
|
+5.00% | +3.09% |
| Apr. 08 | Goldman Sachs Downgrades Flight Centre Travel Group's to Sell From Neutral, Price Target is AU$18.30 | MT |
| Mar. 18 | Flight Centre Travel Group Limited(ASX:FLT) added to S&P/ASX 100 Index | CI |
Valuation
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 4,201 | 2,213 | 2,960 | 3,468 | 4,154 | 4,615 | - | - |
| Enterprise Value (EV) 1 | 4,034 | 887.5 | 2,237 | 3,271 | 3,638 | 3,936 | 3,759 | 3,518 |
| P/E ratio | 16 x | -2.01 x | -6.83 x | -12.1 x | 84.7 x | 22 x | 16 x | 14.1 x |
| Yield | 7.39% | - | - | - | 0.94% | 1.84% | 2.94% | 3.47% |
| Capitalization / Revenue | 1.38 x | 1.17 x | 7.48 x | 3.44 x | 1.82 x | 1.62 x | 1.49 x | 1.38 x |
| EV / Revenue | 1.32 x | 0.47 x | 5.65 x | 3.25 x | 1.59 x | 1.38 x | 1.21 x | 1.06 x |
| EV / EBITDA | 9.87 x | -3.56 x | -6.74 x | -17.9 x | 12.1 x | 8.02 x | 6.07 x | 5.19 x |
| EV / FCF | 22.7 x | -8.45 x | -2.36 x | -23.1 x | 56.7 x | 17.6 x | 8.92 x | 7.65 x |
| FCF Yield | 4.41% | -11.8% | -42.4% | -4.33% | 1.76% | 5.68% | 11.2% | 13.1% |
| Price to Book | 2.87 x | 1.59 x | 3.1 x | 4.47 x | 3.66 x | 3.63 x | 3.17 x | 2.76 x |
| Nbr of stocks (in thousands) | 101,109 | 198,969 | 199,324 | 199,766 | 218,048 | 219,888 | - | - |
| Reference price 2 | 41.55 | 11.12 | 14.85 | 17.36 | 19.05 | 20.99 | 20.99 | 20.99 |
| Announcement Date | 8/21/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/29/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,055 | 1,898 | 395.9 | 1,007 | 2,281 | 2,852 | 3,103 | 3,333 |
| EBITDA 1 | 408.7 | -249.2 | -332 | -183.1 | 301.6 | 490.9 | 619.3 | 677.3 |
| EBIT 1 | 326.4 | -486.2 | -470 | -309.1 | 159.6 | 338.8 | 462 | 509.2 |
| Operating Margin | 10.68% | -25.62% | -118.72% | -30.68% | 7% | 11.88% | 14.89% | 15.28% |
| Earnings before Tax (EBT) 1 | 343.5 | -849.3 | -601.7 | -377.8 | 70.46 | 296.1 | 428 | 474.4 |
| Net income 1 | 263.8 | -662.2 | -433.1 | -286.7 | 47.46 | 219.4 | 302 | 342.2 |
| Net margin | 8.64% | -34.89% | -109.4% | -28.45% | 2.08% | 7.69% | 9.73% | 10.27% |
| EPS 2 | 2.602 | -5.521 | -2.175 | -1.437 | 0.2250 | 0.9556 | 1.311 | 1.485 |
| Free Cash Flow 1 | 177.9 | -105 | -949.6 | -141.7 | 64.14 | 223.6 | 421.4 | 460.1 |
| FCF margin | 5.82% | -5.53% | -239.85% | -14.07% | 2.81% | 7.84% | 13.58% | 13.81% |
| FCF Conversion (EBITDA) | 43.52% | - | - | - | 21.26% | 45.55% | 68.04% | 67.94% |
| FCF Conversion (Net income) | 67.43% | - | - | - | 135.14% | 101.92% | 139.52% | 134.48% |
| Dividend per Share 2 | 3.070 | - | - | - | 0.1800 | 0.3858 | 0.6167 | 0.7278 |
| Announcement Date | 8/21/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/29/23 | - | - | - |
1AUD in Million2AUD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: June | 2020 S1 | 2020 S2 | 2021 S1 | 2021 S2 | 2022 S1 | 2022 Q3 | 2022 Q4 | 2022 S2 | 2023 S1 | 2023 S2 | 2024 S1 | 2024 S2 | 2025 S1 | 2025 S2 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales | 1,546 | 351.6 | 159.8 | 236.1 | 316 | - | - | 691.8 | 1,002 | 1,279 | 1,287 | 1,501 | - | - |
| EBITDA 1 | 219.7 | -468.9 | -150 | -182 | -184 | -51.55 | -51.55 | 0.971 | 95.08 | 206.6 | 189.1 | - | - | - |
| EBIT | 106.3 | -592.5 | -232.8 | -237.2 | -247.7 | - | - | -61.31 | 28.95 | 130.6 | 113.2 | 220.4 | - | - |
| Operating Margin | 6.87% | -168.52% | -145.72% | -100.45% | -78.4% | - | - | -8.86% | 2.89% | 10.21% | 8.79% | 14.68% | - | - |
| Earnings before Tax (EBT) 1 | - | - | -317.3 | -284.4 | -276 | -50.85 | -50.85 | -101.7 | -18.32 | - | 120.2 | - | - | - |
| Net income | 22.02 | -684.2 | -233.2 | -199.9 | -194.2 | - | - | -92.47 | -19.78 | 67.24 | 86.6 | - | - | - |
| Net margin | 1.42% | -194.59% | -145.98% | -84.65% | -61.45% | - | - | -13.37% | -1.97% | 5.26% | 6.73% | - | - | - |
| EPS | - | - | - | -1.003 | -0.9740 | - | - | - | -0.0990 | - | - | - | 0.3900 | 0.6600 |
| Dividend per Share | 0.4000 | - | - | - | - | - | - | - | - | 0.1800 | 0.1000 | - | - | - |
| Announcement Date | 2/26/20 | 8/26/20 | 2/24/21 | 8/25/21 | 2/23/22 | 8/24/22 | 8/24/22 | 8/24/22 | 2/21/23 | 8/29/23 | 2/27/24 | - | - | - |
1AUD in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 167 | 1,325 | 723 | 197 | 516 | 679 | 857 | 1,097 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 178 | -105 | -950 | -142 | 64.1 | 224 | 421 | 460 |
| ROE (net income / shareholders' equity) | 16.9% | -47.5% | -45.3% | -31.5% | 7.93% | 18% | 22.8% | 22.4% |
| ROA (Net income/ Total Assets) | 7.28% | -10.1% | -10.1% | -7.79% | 1.85% | 5.09% | 7.21% | 7.85% |
| Assets 1 | 3,624 | 6,556 | 4,302 | 3,678 | 2,565 | 4,311 | 4,186 | 4,357 |
| Book Value Per Share 2 | 14.50 | 7.000 | 4.800 | 3.880 | 5.210 | 5.790 | 6.630 | 7.610 |
| Cash Flow per Share 2 | 2.750 | 0.0500 | -4.580 | -0.5100 | 0.7400 | 1.750 | 2.530 | 2.920 |
| Capex 1 | 101 | 111 | 37.4 | 40.4 | 92 | 103 | 110 | 111 |
| Capex / Sales | 3.31% | 5.85% | 9.44% | 4.01% | 4.04% | 3.61% | 3.53% | 3.34% |
| Announcement Date | 8/21/19 | 8/26/20 | 8/25/21 | 8/24/22 | 8/29/23 | - | - | - |
1AUD in Million2AUD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
17
Last Close Price
20.99
AUD
Average target price
22.73
AUD
Spread / Average Target
+8.31%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| +3.09% | 3.01B | |
| -0.74% | 120B | |
| +40.52% | 32.51B | |
| -10.60% | 18.49B | |
| +43.61% | 7.36B | |
| +53.74% | 6.44B | |
| +27.50% | 3.79B | |
| +10.35% | 2.05B | |
| -2.78% | 1.89B | |
| -4.35% | 1.75B |
- Stock Market
- Equities
- FLT Stock
- Financials Flight Centre Travel Group Limited
