Added to YB: 2024-12-05
Pitch date: 2024-12-02
TCOM [bullish]
Trip.com Group Limited
+7.76%
current return
Author Info
MileHighMonk is a team of travel enthusiasts who share insights on standout travel related companies. Sign up for the newsletter.
Company Info
Trip.com Group Limited, through its subsidiaries, operates as a travel service provider for accommodation reservation, transportation ticketing, packaged tours, in-destination, corporate travel management, and other travel-related services in China and internationally.
Market Cap
$324.5B
Pitch Price
$65.70
Price Target
N/A
Dividend
0.43%
EV/EBITDA
15.94
P/E
11.16
EV/Sales
4.65
Sector
Hotels, Restaurants and Leisure
Category
growth
Trip.com: The winner in Asia’s travel market
TCOM: Dominant Chinese OTA (>50% mkt share), exposure to fast-growing Asian travel markets. Resilient domestic & rebounding int'l travel. Strong position in China, India (via MMYT stake), SE Asia. Gaining share globally. Cash-generative biz w/ high margins. Unparalleled access to Chinese market. Long-term growth potential tied to GDP & rising incomes.
Read full article (5 min)