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Added to YB: 2025-01-03

Pitch date: 2025-01-01

TRIP [bullish]

Tripadvisor, Inc.

+1.81%

current return

Author Info

Company Info

TripAdvisor, Inc., an online travel company, engages in the provision of travel guidance products and services worldwide.

Market Cap

$1.8B

Pitch Price

$14.90

Price Target

22.00 (+45%)

Dividend

N/A

EV/EBITDA

10.41

P/E

25.93

EV/Sales

0.96

Sector

Interactive Media and Services

Category

value

Show full summary:
Quick idea note for 2025 - $TRIP

TRIP: Simplified structure post-LTRPA deal. Core TripAdvisor 5x EBITDA. Viator & TheFork undervalued at 10%+ EBITDA margins, mid-teens growth. Entire firm at 5x EBITDA. Upside: sale to Apollo in low $20s or spinoff of Viator/TheFork. Conservative valuation ~$18-22/share. Recent deal at $16 implies undervaluation.

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