Trip.com Group Ltd TRPCF

Morningstar Rating
$45.50 +0.34 (0.76%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

TRPCF is trading at a LOCK|!#gwM premium.
Price
$45.50
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation

Trading Information

Previous Close Price
$45.16
Day Range
$45.5045.50
52-Week Range
$38.7178.15
Bid/Ask
$31.72 / $62.90
Shares Outstanding
629.71M
Market Cap
$28.65B
Volume/Avg
300 / 2,342

Key Statistics

Price/Earnings (Normalized)
12.39
Price/Sales
3.46
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
2.10%

Company Profile

Trip.com is the largest online travel agent in China and is positioned to benefit from the country's rising demand for higher-margin outbound travel as passport penetration is only 12% in China. The company generated about 79% of sales from accommodation reservations and transportation ticketing in 2024. The rest of revenue comes from package tours and corporate travel. Before the pandemic in 2019, the company generated 25% of revenue from international travel, which is important to its margin expansion. Most of sales come from its domestic platform, but the company is expanding its overseas business. The competes in a crowded OTA industry in China, including Meituan, Alibaba-backed Fliggy, Tongcheng, and Qunar. The company was founded in 1999 and listed on the Nasdaq in December 2003.
Sector
Consumer Cyclical
Industry
Travel Services
Stock Style Box
Large Core
Total Number of Employees
43,574

Competitors

Valuation

Metric
TRPCF
BKNG
03690
Price/Earnings (Normalized)
12.3922.1415.23
Price/Book Value
1.203.38
Price/Sales
3.466.001.43
Price/Cash Flow
11.3618.80
Price/Earnings
TRPCF
BKNG
03690

Financial Strength

Metric
TRPCF
BKNG
03690
Quick Ratio
1.211.021.57
Current Ratio
1.531.091.82
Interest Coverage
53.868.67−13.24
Quick Ratio
TRPCF
BKNG
03690

Profitability

Metric
TRPCF
BKNG
03690
Return on Assets (Normalized)
12.12%25.75%−5.59%
Return on Equity (Normalized)
19.75%−11.01%
Return on Invested Capital (Normalized)
15.26%65.56%−7.96%
Return on Assets
TRPCF
BKNG
03690

Travel Services Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Booking Holdings Inc
BKNG
LOCK|<kJF%SSqLOCK|mw$160B
Airbnb Inc Ordinary Shares - Class A
ABNB
LOCK|%HLvg&LOCK|Kx$111B
Royal Caribbean Group
RCL
LOCK|W<^w&@yLOCK|Zv^l$82B
Viking Holdings Ltd
VIK
LOCK|Jx$45B
Expedia Group Inc
EXPE
LOCK|Dxl#YCMLOCK|!Bs#f$39B
Carnival Corporation Ltd
CCL
LOCK|H&D&!KLOCK|X#^<?$38B
Trip.com Group Ltd ADR
TCOM
LOCK|?H^Bh%LOCK|%^!$$29B
Norwegian Cruise Line Holdings Ltd
NCLH
LOCK|%wV!lQtLOCK|#ShW$9B
Tripadvisor Inc
TRIP
LOCK|qHwnwBLOCK|b%$1B

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