Professional
Added to YB: 2026-02-11
Pitch date: 2026-02-09
WEB.AX [bullish]
Web Travel Group Limited
+1.11%
current return
Author Info
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Company Info
Web Travel Group Limited provides online travel booking services in Australia, the United Arab Emirates, the United Kingdom, and internationally.
Market Cap
AUD 1.1B
Pitch Price
AUD 3.59
Price Target
4.50 (+24%)
Dividend
N/A
EV/EBITDA
7.82
P/E
2.2K
EV/Sales
2.22
Sector
Hotels, Restaurants and Leisure
Category
special_situation
NEW event trade idea: Web Travel $WEB.AX.
WEB.AX (new position): Fell 30% Fri on Spanish subsidiary tax audit - massive overreaction. Spain ~3% of biz (9% of 33% EU TTV), generates est $1.5M EBIT/half. Even if owes back taxes + penalties, impact likely <$20M vs $410M market cap drop. Co reiterated guidance. Playing discrete removal of audit worry back to $4.5.
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