pww.comTrip.com Group Limited - NasdaqGS:TCOM

Profile

Price

USD$ 72.03

()

Market Cap

USD$ 46.394B

Shares Out

644.089 M

Employees

36249

Dividends

Yield

0 %

Payout (TTM)

0 %

DPS (TTM)

0

DPS Growth 3Yr

0 %

DPS Growth 5Yr

0 %

DPS Growth 10Yr

0 %

FinancialHealth

Cash

-

Net Debt

USD$ 3.981B

Debt/Equity (TTM)

33.26 %

Returns(TTM)

ROA

6.63 %

ROE

12.48 %

ROCE

8.59 %

Valuation(TTM)

P/E

21.737

P/B

2.532

P/FCF

122.315 %

Margins(TTM)

Gross

81.6 %

Operating

27.66 %

Pre-Tax

31.52 %

Net

31.86 %

FCFPS

4.141 %

Growth(CAGR)

RevPS 3Yr

1.176 %

RevPS 5Yr

0.172 %

RevPS 10Yr

2.242 %

NetIncomePS 3Yr

6.621 %

NetIncomePS 5Yr

6.274 %

NetIncomePS 10Yr

2.898 %

  • Last Price

    USD$ 72.03

  • 5D

    1.109%

  • 1M

    6.553%

  • 3M

    7.124%

  • 1Y

    92.542%

Trip.com Group Limited (TCOM) shows a bullish outlook due to strong recovery in travel demand, particularly in China's domestic and outbound markets, and significant growth in its global OTA platform. The company's AI-driven innovations enhance user experience and operational efficiency, while strategic investments in lower-tier cities and the APAC region support sustainable growth. Financially, Trip.com boasts over $10 billion in cash reserves and improving margins. However, concerns include economic uncertainty affecting consumer spending, competition from content platforms, and potential regulatory risks. Despite these challenges, Trip.com's strong market position and growth strategies suggest a favorable long-term trajectory.

Valuation And Growth

Segments

Guidance and Outlook

Bulls - Bears Say

1Y

3Y

5Y

ALL

For the Fiscal PeriodFeb-28-2025Jan-31-2025Dec-31-2024Nov-30-2024Oct-31-2024Sep-30-2024Aug-31-2024Jul-31-2024Jun-30-2024May-31-2024Apr-30-2024Mar-31-2024Feb-29-2024Jan-31-2024Dec-31-2023Nov-30-2023Oct-31-2023Sep-30-2023Aug-31-2023Jul-31-2023Jun-30-2023May-31-2023Apr-30-2023Mar-31-2023Feb-28-2023Jan-31-2023Dec-31-2022Nov-30-2022Oct-31-2022Sep-30-2022Aug-31-2022Jul-31-2022Jun-30-2022May-31-2022Apr-30-2022Mar-31-2022Feb-28-2022Jan-31-2022Dec-31-2021Nov-30-2021Oct-31-2021Sep-30-2021Aug-31-2021Jul-31-2021Jun-30-2021May-31-2021Apr-30-2021Mar-31-2021Feb-28-2021Jan-31-2021Dec-31-2020Nov-30-2020Oct-31-2020Sep-30-2020Aug-31-2020Jul-31-2020Jun-30-2020May-31-2020Apr-30-2020Mar-31-2020Feb-29-2020Jan-31-2020Dec-31-2019Nov-30-2019Oct-31-2019Sep-30-2019Aug-31-2019Jul-31-2019Jun-30-2019May-31-2019Apr-30-2019Mar-31-2019Feb-28-2019Jan-31-2019Dec-31-2018Nov-30-2018Oct-31-2018Sep-30-2018Aug-31-2018Jul-31-2018Jun-30-2018May-31-2018Apr-30-2018Mar-31-2018Feb-28-2018Jan-31-2018Dec-31-2017Nov-30-2017Oct-31-2017Sep-30-2017Aug-31-2017Jul-31-2017Jun-30-2017May-31-2017Apr-30-2017Mar-31-2017Feb-28-2017Jan-31-2017Dec-31-2016Nov-30-2016Oct-31-2016Sep-30-2016Aug-31-2016Jul-31-2016Jun-30-2016May-31-2016Apr-30-2016Mar-31-2016Feb-29-2016Jan-31-2016Dec-31-2015Nov-30-2015Oct-31-2015Sep-30-2015Aug-31-2015Jul-31-2015Jun-30-2015May-31-2015Apr-30-2015Mar-31-2015Feb-28-2015Jan-31-2015Dec-31-2014Nov-30-2014Oct-31-2014Sep-30-2014Aug-31-2014Jul-31-2014Jun-30-2014May-31-2014Apr-30-2014Mar-31-2014Feb-28-2014Jan-31-2014Dec-31-2013Nov-30-2013Oct-31-2013Sep-30-2013Aug-31-2013Jul-31-2013Jun-30-2013May-31-2013Apr-30-2013Mar-31-2013Feb-28-2013Jan-31-2013Dec-31-2012Nov-30-2012Oct-31-2012Sep-30-2012Aug-31-2012Jul-31-2012Jun-30-2012May-31-2012Apr-30-2012Mar-31-2012Feb-29-2012Jan-31-2012Dec-31-2011Nov-30-2011Oct-31-2011Sep-30-2011Aug-31-2011Jul-31-2011Jun-30-2011May-31-2011Apr-30-2011Mar-31-2011Feb-28-2011Jan-31-2011Dec-31-2010Nov-30-2010Oct-31-2010Sep-30-2010Aug-31-2010Jul-31-2010Jun-30-2010May-31-2010Apr-30-2010Mar-31-2010Feb-28-2010Jan-31-2010Dec-31-2009Nov-30-2009Oct-31-2009Sep-30-2009Aug-31-2009Jul-31-2009Jun-30-2009May-31-2009Apr-30-2009Mar-31-2009Feb-28-2009Jan-31-2009Dec-31-2008Nov-30-2008Oct-31-2008Sep-30-2008Aug-31-2008Jul-31-2008Jun-30-2008May-31-2008Apr-30-2008Mar-31-2008Feb-29-2008Jan-31-2008Dec-31-2007Nov-30-2007Oct-31-2007Sep-30-2007Aug-31-2007Jul-31-2007Jun-30-2007May-31-2007Apr-30-2007Mar-31-2007Feb-28-2007Jan-31-2007Dec-31-2006Nov-30-2006Oct-31-2006Sep-30-2006Aug-31-2006Jul-31-2006Jun-30-2006May-31-2006Apr-30-2006Mar-31-2006Feb-28-2006Jan-31-2006Dec-31-2005Nov-30-2005Oct-31-2005Sep-30-2005Aug-31-2005Jul-31-2005Jun-30-2005May-31-2005Apr-30-2005Mar-31-2005Feb-28-2005Jan-31-2005Dec-31-2004Nov-30-2004Oct-31-2004Sep-30-2004Aug-31-2004Jul-31-2004Jun-30-2004May-31-2004Apr-30-2004Mar-31-2004Feb-29-2004Jan-31-2004Dec-31-2003

Valuation Multiples

TEV/LTM Unlevered FCF

-

-

-

-

-

-

-

12.04

13.44

-

12.27

-

-

-

-

-

-

-

-

-

-

67.03

75.09

79.53

-

-

-

-

-

-

-

-

-

54.54

58.34

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16.57

-

-

-

-

-

28.37

25.35

-

-

-

-

69.46

68.91

-

-

-

-

-

-

-

-

-

-

20.87

-

-

-

-

-

-

-

-

-

-

-

32.34

-

-

-

-

-

91.98

96.44

-

-

-

116.25

111.66

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

19.24

20.94

-

-

-

-

-

-

-

-

-

-

185.16

179.02

-

-

-

-

16.49

13.15

-

-

-

-

12.46

12.44

-

-

-

-

-

-

-

-

-

-

43.60

36.64

-

-

-

-

-

-

-

-

-

-

51.17

55.13

51.43

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

80.99

-

-

-

-

-

136.51

125.07

101.71

-

-

-

107.47

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47.73

54.12

-

-

-

-

-

-

-

-

-

-

-

-

Market Cap/LTM Levered FCF

-

-

-

-

-

-

-

14.57

16.10

-

14.11

-

-

-

-

-

-

-

-

-

-

114.82

129.11

136.96

-

-

-

-

-

-

-

-

-

123.54

132.44

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17.52

-

-

-

-

-

34.28

30.43

-

-

-

-

109.77

108.87

-

-

-

-

-

-

-

-

-

-

23.43

-

-

-

-

-

-

-

-

-

-

-

32.66

-

-

-

-

-

98.95

104.38

-

-

-

113.04

107.73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

21.99

23.72

-

-

-

-

-

-

-

-

-

-

225.19

219.04

-

-

-

-

21.37

18.03

-

-

-

-

16.37

16.35

-

-

-

-

-

-

-

-

-

-

46.90

39.94

-

-

-

-

-

-

-

-

-

-

53.52

57.48

53.78

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

84.36

-

-

-

-

-

141.41

129.97

106.61

-

-

-

112.73

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

53.38

59.77

-

-

-

-

-

-

-

-

-

-

-

-

P/LTM Normalized EPS

30.47

31.91

29.81

28.07

31.22

28.81

22.86

22.22

24.56

26.94

29.11

25.46

25.80

28.80

28.37

27.72

42.78

44.01

61.58

64.29

54.83

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

126.87

130.76

120.98

80.96

84.08

90.53

34.81

29.60

40.48

47.78

-

-

106.57

85.98

91.11

94.29

80.73

87.41

165.76

149.09

142.08

145.64

33.41

26.10

30.85

32.64

34.08

33.77

45.93

40.78

26.03

31.34

29.67

27.78

76.15

75.53

61.81

60.31

49.01

52.25

34.36

38.38

52.40

55.08

63.75

60.35

72.69

81.70

78.62

79.99

75.40

78.79

126.22

139.00

135.60

-

-

-

-

-

-

-

-

-

-

-

-

-

-

240.74

229.43

57.27

-

-

-

64.86

-

-

-

-

-

-

242.78

191.50

70.33

73.71

70.53

83.83

76.32

74.30

84.01

83.82

76.13

65.89

50.90

54.90

59.13

46.66

58.60

56.43

79.60

85.62

67.52

53.70

49.32

47.08

32.33

31.45

27.14

27.87

30.89

26.04

24.78

20.90

20.69

16.01

20.25

22.23

24.94

24.90

31.51

28.20

26.34

30.62

40.46

37.32

48.42

55.04

51.44

53.73

61.77

52.60

49.15

58.90

57.89

62.65

87.35

80.11

67.93

74.05

69.08

72.45

71.54

76.83

74.93

70.02

80.40

82.07

68.26

74.96

62.40

68.81

62.16

54.98

42.50

37.66

27.49

27.90

31.64

30.93

40.41

51.02

66.44

67.35

68.38

87.20

108.48

92.67

105.96

95.76

120.53

126.07

138.08

126.91

104.10

105.86

107.96

104.91

104.68

98.87

87.10

107.70

94.47

84.09

74.85

68.67

78.87

79.25

79.93

75.31

74.01

68.02

63.78

58.17

54.25

54.76

63.30

70.51

62.28

70.37

64.63

64.53

55.74

54.22

55.22

66.29

74.23

78.37

58.38

50.68

46.20

57.54

55.88

44.36

44.70

42.24

43.37

37.06

43.47

P/LTM EPS

20.62

21.59

20.17

18.99

22.55

20.81

16.50

19.01

21.01

23.02

23.15

21.06

21.34

16.83

16.57

16.19

26.01

26.75

31.05

32.42

27.65

101.78

114.45

121.41

-

-

-

-

-

-

-

-

-

-

-

-

84.53

87.11

80.60

30.08

31.24

33.64

31.06

26.41

36.12

42.63

-

-

-

-

-

-

-

-

-

-

-

-

15.59

14.20

32.78

34.69

36.22

35.89

68.53

60.84

26.36

31.74

30.05

28.14

154.67

153.40

50.15

48.93

39.76

42.40

24.87

27.77

44.63

46.92

54.30

51.41

69.64

79.38

71.00

72.24

68.10

71.16

156.53

172.38

168.16

-

-

-

-

-

-

-

-

-

291.58

-

-

95.86

90.44

41.81

39.84

40.44

37.53

39.14

42.49

46.76

-

-

-

-

-

-

248.77

229.00

60.12

63.02

60.29

71.66

64.06

62.36

70.50

70.35

63.66

55.09

42.50

45.85

49.11

37.56

47.17

45.42

65.65

70.61

55.68

44.28

43.17

41.21

27.51

26.76

24.14

24.80

26.94

22.70

21.09

17.79

17.82

13.79

15.90

17.45

19.31

19.28

24.40

21.61

20.18

23.46

30.59

28.21

36.61

41.95

39.20

40.95

46.07

39.23

36.66

43.86

43.10

46.65

64.35

59.02

50.05

54.24

50.60

53.07

53.34

57.28

55.86

50.17

57.61

58.81

49.66

54.53

45.40

51.47

46.50

41.13

32.71

28.99

21.16

21.70

24.60

24.05

31.22

39.42

51.34

50.24

51.00

65.04

77.69

66.38

75.89

70.48

88.71

92.78

101.58

93.36

76.58

77.80

79.35

77.11

76.62

72.37

63.75

78.18

68.57

61.04

54.06

49.59

56.96

56.62

57.11

53.81

52.55

48.29

45.28

39.41

36.76

37.10

42.75

47.62

42.06

47.95

44.03

43.96

37.97

37.03

37.71

45.67

51.13

53.97

70.52

61.22

55.80

118.25

114.84

91.15

97.98

-

-

-

-

P/BV

2.31

2.42

2.26

2.13

2.35

2.17

1.72

1.56

1.73

1.90

1.80

1.66

1.68

1.42

1.40

1.37

1.37

1.41

1.52

1.58

1.35

1.25

1.41

1.49

1.49

1.54

1.44

1.27

0.90

1.08

0.97

0.97

1.04

0.82

0.88

0.87

0.97

1.00

0.93

1.02

1.06

1.14

1.17

1.00

1.37

1.61

1.51

1.53

1.63

1.32

1.39

1.46

1.25

1.35

1.31

1.18

1.12

1.15

1.03

0.94

1.22

1.30

1.35

1.34

1.37

1.21

1.31

1.58

1.50

1.40

1.93

1.92

1.46

1.43

1.16

1.24

1.35

1.51

1.55

1.63

1.89

1.79

1.70

1.93

2.01

2.04

1.92

2.01

2.18

2.40

2.34

2.88

2.60

2.64

2.52

2.41

2.33

2.02

1.87

2.11

2.44

2.57

2.59

2.28

2.16

2.73

2.60

2.31

6.23

6.50

7.05

8.15

8.47

5.76

6.06

6.55

6.65

7.31

5.83

5.35

4.04

4.23

4.05

4.81

5.73

5.58

6.31

6.30

6.41

5.54

4.49

4.84

5.15

4.10

5.15

4.96

6.11

6.57

5.18

4.12

3.90

3.72

2.73

2.66

2.39

2.46

3.26

2.75

2.58

2.18

2.11

1.63

2.07

2.27

2.78

2.78

3.53

3.36

3.14

3.65

4.90

4.52

5.87

6.93

6.47

6.76

7.55

6.43

6.01

6.77

6.65

7.20

9.80

8.99

7.62

7.84

7.32

7.67

11.61

12.46

12.16

10.85

12.46

12.72

10.25

11.26

9.37

11.07

10.00

8.85

7.31

6.48

4.73

5.21

5.91

5.78

8.14

10.28

13.39

13.37

13.57

17.31

20.75

17.72

20.26

16.00

20.14

21.06

22.32

20.51

16.82

17.45

17.80

17.29

17.60

16.57

14.60

18.14

15.91

14.16

13.69

12.56

14.43

15.57

15.71

14.80

15.16

13.93

13.06

10.41

9.71

9.80

10.75

11.97

10.57

11.29

10.37

10.35

8.94

8.12

8.27

8.92

9.99

10.41

9.19

7.98

7.27

8.59

8.34

6.62

7.12

7.22

7.42

33.79

39.63

P/Tangible BV

4.92

5.15

4.81

4.53

5.24

4.84

3.84

3.58

3.96

4.34

4.39

4.04

4.10

3.44

3.39

3.31

3.54

3.64

4.00

4.17

3.56

3.51

3.94

4.18

4.31

4.45

4.17

3.72

2.63

3.18

2.89

2.90

3.08

2.41

2.58

2.55

2.85

2.94

2.72

2.98

3.09

3.33

3.99

3.40

4.64

5.48

5.47

5.54

6.24

5.03

5.33

5.72

4.90

5.30

4.88

4.39

4.18

4.29

3.34

3.04

4.20

4.44

4.63

4.59

6.09

5.40

5.91

7.12

6.74

6.31

11.27

11.17

8.14

7.94

6.45

6.88

6.91

7.71

8.14

8.55

9.90

9.37

9.86

11.22

14.16

14.41

13.58

14.19

20.68

22.78

22.22

50.34

45.40

46.06

120.21

115.23

111.22

13.42

12.42

14.05

-

-

-

-

-

-

-

-

9.25

9.65

10.48

12.12

13.71

9.32

9.80

10.64

10.80

11.88

8.09

7.42

4.94

5.17

4.95

5.88

7.16

6.97

7.88

7.86

8.04

6.95

5.40

5.82

6.20

5.01

6.29

6.06

7.42

7.98

6.29

5.00

4.79

4.58

3.39

3.29

2.97

3.05

4.13

3.49

3.15

2.66

2.56

1.98

2.48

2.73

3.36

3.36

4.27

4.08

3.82

4.43

5.99

5.53

7.17

8.50

7.95

8.30

9.33

7.95

7.42

8.45

8.31

8.99

12.64

11.60

9.83

8.74

8.16

8.55

13.99

15.03

14.66

12.96

14.88

15.19

12.52

13.75

11.44

12.06

10.90

9.64

8.04

7.12

5.20

5.60

6.35

6.21

8.80

11.11

14.46

14.55

14.78

18.84

22.01

18.75

21.44

16.95

21.34

22.32

23.88

21.95

18.00

18.81

19.18

18.64

19.17

17.99

15.85

18.41

16.15

14.37

13.83

12.69

14.58

15.75

15.89

14.97

15.45

14.20

13.32

10.62

9.90

9.99

10.98

12.23

10.80

11.48

10.54

10.52

9.09

8.27

8.42

9.09

10.17

10.61

9.38

8.14

7.42

8.78

8.53

6.77

7.27

7.39

7.59

37.33

43.78

TEV/LTM Total Revenue

5.73

6.03

5.59

5.23

5.66

5.18

3.99

3.83

4.28

4.64

4.68

4.15

4.20

4.11

4.05

3.95

4.86

5.00

7.18

7.49

6.42

7.27

8.14

8.62

8.49

8.77

8.23

7.64

5.43

6.54

5.28

5.29

5.63

4.65

4.97

4.74

5.29

5.45

5.05

5.65

5.87

6.31

7.88

6.81

9.06

10.56

9.74

9.35

8.25

6.84

7.19

6.35

5.60

5.97

4.49

4.10

3.93

4.01

3.29

3.01

4.14

4.35

4.52

4.49

4.15

3.71

3.99

4.75

4.51

4.24

5.54

5.50

4.49

4.39

3.60

3.82

4.27

4.77

4.88

5.13

5.94

5.62

5.45

5.97

6.49

6.59

6.23

6.50

7.68

8.43

8.23

10.80

9.80

9.94

10.23

9.58

9.27

8.91

8.29

9.31

11.28

11.83

11.24

11.50

10.92

14.97

14.38

13.96

12.55

13.05

12.88

13.59

9.77

6.81

7.14

7.96

8.07

8.86

7.74

7.14

5.87

6.15

5.88

6.97

7.92

7.36

8.36

8.35

8.69

7.43

6.39

6.95

7.11

5.40

6.99

6.70

8.33

9.03

6.93

5.33

5.14

4.87

3.52

3.40

3.25

3.36

4.47

3.69

3.60

2.87

2.83

1.95

2.83

3.24

4.28

4.27

5.74

5.67

5.22

6.25

8.93

8.15

10.93

13.10

12.17

12.76

14.88

12.50

11.47

13.65

13.39

14.58

19.92

18.18

15.26

16.50

15.29

16.11

17.02

18.34

17.11

15.11

17.45

17.83

14.31

15.77

13.02

14.35

12.88

11.29

8.62

7.54

5.28

5.65

6.54

6.37

9.07

11.69

15.51

15.13

15.37

19.87

24.12

20.34

23.40

20.07

25.55

26.78

28.69

26.29

21.38

21.75

22.20

21.54

22.12

20.53

17.96

24.47

21.33

18.87

18.43

16.80

19.49

21.20

21.40

19.65

20.57

18.79

17.53

15.58

14.43

14.58

16.56

18.63

16.27

18.07

16.46

16.08

13.66

12.68

12.95

15.55

17.63

18.47

17.15

14.64

13.18

19.37

18.75

14.41

15.32

17.80

18.34

26.14

30.74

Market Cap/LTM Total Revenue

6.30

6.60

6.16

5.80

6.25

5.77

4.58

4.23

4.68

5.09

4.97

4.49

4.55

4.37

4.31

4.21

4.92

5.06

6.94

7.25

6.18

7.02

7.90

8.38

8.24

8.52

7.98

7.57

5.36

6.47

5.23

5.24

5.58

4.49

4.82

4.68

5.22

5.38

4.98

5.54

5.76

6.20

7.20

6.12

8.37

9.88

8.88

8.49

7.27

5.86

6.21

5.23

4.48

4.85

3.91

3.52

3.35

3.44

2.96

2.69

3.66

3.87

4.04

4.01

3.95

3.50

3.71

4.47

4.23

3.96

5.42

5.37

4.32

4.22

3.43

3.65

4.23

4.73

4.88

5.12

5.93

5.62

5.42

5.93

6.29

6.40

6.03

6.30

7.35

8.09

7.89

10.19

9.19

9.32

9.55

8.90

8.59

8.42

7.80

8.82

9.98

10.53

9.93

10.21

9.63

12.60

12.01

11.87

11.79

12.29

12.12

12.83

9.24

6.28

6.60

7.82

7.94

8.73

7.64

7.04

5.77

6.04

5.78

6.87

8.21

7.65

8.65

8.63

9.34

8.08

7.16

7.72

7.88

6.22

7.81

7.52

9.24

9.94

7.84

6.23

5.97

5.70

4.28

4.16

4.01

4.12

4.97

4.19

4.67

3.94

3.90

3.01

4.17

4.58

5.62

5.61

7.08

6.83

6.38

7.42

10.12

9.34

12.11

14.17

13.24

13.83

16.01

13.63

12.60

14.71

14.46

15.65

20.96

19.22

16.30

17.96

16.76

17.57

17.80

19.12

17.89

15.77

18.11

18.48

14.93

16.40

13.65

15.24

13.77

12.18

9.46

8.38

6.12

6.62

7.51

7.34

9.99

12.61

16.42

16.08

16.32

20.81

25.12

21.34

24.40

21.20

26.68

27.90

29.72

27.32

22.41

22.75

23.20

22.55

23.20

21.61

19.04

25.54

22.40

19.94

19.68

18.05

20.73

22.56

22.75

21.00

21.99

20.21

18.95

17.01

15.86

16.01

18.11

20.17

17.82

19.75

18.14

17.76

15.34

14.53

14.80

17.39

19.48

20.31

19.02

16.51

15.05

21.67

21.04

16.70

17.62

20.52

21.07

26.64

31.25

TEV/LTM EBITDA

16.40

17.26

16.02

14.99

16.39

15.00

11.54

11.71

13.08

14.20

15.49

13.48

13.67

15.27

15.03

14.66

22.36

23.01

52.81

55.06

47.21

183.59

205.68

217.82

-

-

-

-

-

-

-

-

-

-

-

298.74

70.17

72.29

66.95

54.55

56.62

60.88

-

-

-

-

-

-

-

-

-

-

-

-

38.42

35.05

33.64

34.36

18.92

17.37

25.97

27.31

28.37

28.15

30.30

27.07

32.20

38.30

36.39

34.21

48.31

47.92

33.04

32.26

26.45

28.12

30.42

33.95

33.10

34.79

40.27

38.12

39.03

44.67

36.31

36.92

34.87

36.38

54.67

59.97

58.56

102.57

93.06

94.34

-

-

-

-

-

-

-

-

-

-

-

291.77

280.23

264.11

-

-

-

-

-

-

-

-

-

-

-

-

61.94

64.87

62.12

73.63

57.54

53.46

60.74

60.61

53.26

45.56

34.01

37.01

38.67

30.17

39.07

37.45

53.61

58.10

44.58

34.26

31.16

29.52

18.62

18.00

17.43

18.01

19.30

15.93

13.04

10.39

10.61

7.31

9.14

10.45

12.35

12.33

16.83

15.02

13.83

16.58

22.52

20.54

27.54

31.93

29.67

31.11

36.01

30.26

28.16

33.86

33.23

36.18

50.28

45.90

38.52

42.20

39.12

41.21

43.74

47.12

43.96

40.40

46.65

47.65

41.02

45.21

37.34

-

-

-

26.21

22.93

16.05

16.09

18.62

18.14

25.06

32.30

42.83

41.83

42.51

54.93

67.16

58.27

67.04

57.89

73.70

77.23

84.38

77.30

62.87

63.76

65.08

63.16

64.02

60.65

53.05

69.22

60.34

53.38

47.57

43.37

50.29

-

-

-

47.38

43.28

40.38

36.56

33.87

34.22

38.64

43.45

37.96

42.56

38.76

37.88

32.18

29.58

30.20

35.71

40.49

42.89

38.87

33.18

29.87

49.69

48.09

36.95

39.91

47.98

49.46

71.08

83.59

TEV/LTM EBIT

17.25

18.15

16.84

15.76

17.40

15.92

12.25

12.54

14.00

15.17

16.81

14.88

15.10

17.16

16.89

16.48

26.99

27.77

83.23

86.77

74.40

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

276.82

287.28

-

-

-

-

-

-

-

-

-

-

-

-

-

63.99

58.39

56.03

57.23

24.97

22.86

36.07

37.93

39.41

39.10

43.72

39.06

51.57

61.35

58.28

54.80

66.69

66.15

44.02

42.99

35.25

37.47

40.11

44.76

42.85

45.04

52.13

49.35

51.04

55.85

46.76

47.55

44.91

46.86

70.41

77.23

75.42

161.94

146.93

148.95

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

78.01

81.70

78.23

92.72

67.59

62.80

71.35

71.19

61.23

52.37

38.49

41.89

42.83

34.06

44.09

42.27

61.78

66.97

51.38

39.49

36.03

34.13

21.22

20.52

19.64

20.30

21.65

17.87

14.30

11.40

11.73

8.07

9.94

11.38

13.31

13.29

17.88

16.10

14.82

17.77

24.03

21.91

29.38

33.96

31.55

33.08

38.27

32.16

29.50

36.03

35.36

38.50

53.73

49.05

41.16

45.24

41.94

44.18

46.98

50.61

47.21

43.40

50.12

51.20

44.44

48.99

40.45

45.52

40.85

35.81

27.70

24.24

16.96

17.30

20.01

19.50

26.59

34.28

45.46

44.59

45.31

58.55

71.52

60.32

69.40

60.89

77.52

81.24

89.61

82.10

66.77

67.35

68.75

66.72

67.59

62.75

54.88

72.06

62.82

55.57

49.46

45.10

52.30

53.59

54.08

49.66

48.84

44.61

41.62

37.75

34.97

35.33

40.32

45.34

39.60

44.33

40.38

39.45

33.52

31.21

31.87

37.70

42.75

44.78

41.13

35.11

31.61

53.71

51.98

39.95

42.49

52.54

54.16

79.22

93.17

Margin Analysis

Gross Margin

81.60

81.60

81.60

81.60

81.48

81.48

81.48

81.53

81.53

81.75

81.75

81.75

81.36

81.36

81.36

81.36

81.11

81.11

79.77

79.77

79.77

77.48

77.48

77.48

77.49

77.49

77.49

75.84

75.84

75.84

76.87

76.87

76.87

77.04

77.04

77.04

78.38

78.38

78.38

79.46

79.46

79.46

78.27

78.27

78.27

77.99

77.99

77.99

77.64

77.64

77.64

77.61

77.61

77.61

78.58

78.58

78.58

79.33

79.33

79.33

79.18

79.18

79.18

78.98

78.98

78.98

79.11

79.11

79.11

79.58

79.58

79.58

80.51

80.51

80.51

82.09

82.09

82.09

82.78

82.78

82.78

82.54

82.54

82.54

81.54

81.54

81.54

79.80

79.80

79.80

79.80

77.33

77.33

75.42

75.42

75.42

74.37

74.37

74.37

72.84

72.84

72.84

72.77

72.77

72.77

72.07

72.07

72.07

71.18

71.18

71.18

70.66

70.66

70.66

70.84

70.84

70.84

71.41

71.41

71.41

72.19

72.19

72.19

72.93

72.93

72.93

72.93

72.93

73.62

74.26

74.26

74.26

74.70

74.70

74.70

74.70

74.70

74.70

74.70

74.70

74.69

75.05

75.05

75.05

75.46

75.46

75.46

75.75

75.75

75.75

76.23

76.23

76.23

76.98

76.98

76.98

77.67

77.67

77.67

78.10

78.10

78.10

78.37

78.37

78.37

78.30

78.30

78.30

78.05

78.05

78.05

77.76

77.76

77.76

77.76

77.51

77.51

77.33

77.33

77.33

77.18

77.18

77.18

77.06

77.06

77.06

77.06

77.40

77.40

77.40

77.96

77.96

79.16

79.16

79.16

79.16

80.06

80.06

80.06

80.44

80.44

80.44

80.30

80.30

79.83

79.83

79.83

79.83

79.54

79.54

79.54

79.73

79.73

79.73

80.37

80.37

80.64

80.64

80.64

80.64

81.74

81.74

82.43

82.43

82.43

82.43

83.09

83.09

84.04

84.04

84.04

84.04

84.95

84.95

84.95

85.33

85.33

85.33

85.33

84.59

85.40

85.40

85.40

85.63

85.63

85.63

85.63

84.84

84.84

84.84

84.86

84.86

86.11

86.11

86.11

SG&A Margin

29.06

29.06

29.06

29.06

29.02

29.02

29.02

28.68

28.68

29.08

29.08

29.08

29.86

29.86

29.86

29.86

31.50

31.50

33.09

33.09

33.09

35.42

35.42

35.42

36.38

36.38

36.38

38.30

38.30

38.30

38.13

38.13

38.13

39.17

39.17

39.17

38.02

38.02

38.02

35.71

35.71

35.71

35.91

35.91

35.91

43.90

43.90

43.90

43.65

43.65

43.65

41.64

41.64

41.64

39.90

39.90

39.90

35.28

35.28

35.28

36.29

36.29

36.29

37.81

37.81

37.81

39.28

39.28

39.28

40.10

40.10

40.10

39.69

39.69

39.69

40.22

40.22

40.22

40.51

40.51

40.51

40.74

40.74

40.74

39.68

39.68

39.68

39.70

39.70

39.70

39.70

39.94

39.94

43.54

43.54

43.54

44.17

44.17

44.17

44.91

44.91

44.91

44.41

44.41

44.41

38.32

38.32

38.32

39.88

39.88

39.88

41.68

41.68

41.68

42.54

42.54

42.54

41.86

41.86

41.86

38.76

38.76

38.76

37.41

37.41

37.41

37.41

37.41

36.29

35.57

35.57

35.57

36.02

36.02

36.02

37.29

37.29

37.29

37.29

37.29

37.91

37.38

37.38

37.38

35.64

35.64

35.64

32.99

32.99

32.99

31.03

31.03

31.03

29.32

29.32

29.32

27.75

27.75

27.75

26.72

26.72

26.72

25.94

25.94

25.94

25.96

25.96

25.96

26.45

26.45

26.45

26.74

26.74

26.74

26.74

27.17

27.17

27.24

27.24

27.24

27.72

27.72

27.72

29.14

29.14

29.14

29.14

29.95

29.95

29.95

30.93

30.93

30.83

30.83

30.83

30.83

30.73

30.73

30.73

31.46

31.46

31.46

31.80

31.80

32.40

32.40

32.40

32.40

33.49

33.49

33.49

33.78

33.78

33.78

34.06

34.06

33.77

33.77

33.77

33.77

32.00

32.00

30.63

30.63

30.63

30.63

29.60

29.60

31.22

31.22

31.22

31.22

32.02

32.02

32.02

32.32

32.32

32.32

32.32

33.18

32.98

32.98

32.98

33.31

33.31

33.31

33.31

37.08

37.08

37.08

39.46

39.46

39.80

39.80

39.80

EBITDA Margin

29.18

29.18

29.18

29.18

28.32

28.32

28.32

28.00

28.00

27.27

27.27

27.27

24.61

24.61

24.61

24.61

20.49

20.49

13.95

13.95

13.95

4.79

4.79

4.79

2.51

2.51

2.51

-3.06

-3.06

-3.06

-0.07

-0.07

-0.07

-1.96

-1.96

-1.96

2.86

2.86

2.86

7.78

7.78

7.78

3.07

3.07

3.07

-1.14

-1.14

-1.14

1.62

1.62

1.62

6.49

6.49

6.49

11.69

11.69

11.69

17.20

17.20

17.20

15.26

15.26

15.26

13.48

13.48

13.48

12.05

12.05

12.05

11.57

11.57

11.57

13.87

13.87

13.87

14.77

14.77

14.77

14.85

14.85

14.85

14.27

14.27

14.27

15.04

15.04

15.04

10.55

10.55

10.55

10.55

6.87

6.87

-4.35

-4.35

-4.35

-8.09

-8.09

-8.09

-8.21

-8.21

-8.21

-7.19

-7.19

-7.19

6.38

6.38

6.38

2.02

2.02

2.02

-1.92

-1.92

-1.92

-2.57

-2.57

-2.57

0.39

0.39

0.39

8.59

8.59

8.59

12.30

12.30

12.30

12.30

12.30

15.02

17.75

17.75

17.75

17.40

17.40

17.40

16.29

16.29

16.29

16.29

16.29

16.71

18.05

18.05

18.05

21.73

21.73

21.73

25.67

25.67

25.67

29.40

29.40

29.40

32.97

32.97

32.97

36.09

36.09

36.09

38.09

38.09

38.09

39.08

39.08

39.08

39.02

39.02

39.02

38.02

38.02

38.02

37.74

37.74

37.74

37.74

-

-

37.13

37.13

37.13

36.41

36.41

36.41

34.48

34.48

34.48

34.48

-

-

-

33.53

33.53

35.14

35.14

35.14

35.14

36.20

36.20

36.20

36.17

36.17

36.17

35.91

35.91

34.67

34.67

34.67

34.67

34.00

34.00

34.00

34.11

34.11

34.11

34.54

34.54

35.35

35.35

35.35

35.35

39.25

39.25

-

-

-

-

44.12

44.12

42.61

42.61

42.61

42.61

42.87

42.87

42.87

42.46

42.46

42.46

42.46

42.14

43.55

43.55

43.55

43.82

43.82

43.82

43.82

38.76

38.76

38.76

36.69

36.69

36.51

36.51

36.51

EBIT Margin

27.66

27.66

27.66

27.66

26.62

26.62

26.62

26.26

26.26

25.44

25.44

25.44

22.66

22.66

22.66

22.66

18.02

18.02

10.70

10.70

10.70

0.44

0.44

0.44

-1.91

-1.91

-1.91

-8.13

-8.13

-8.13

-4.91

-4.91

-4.91

-7.05

-7.05

-7.05

-3.56

-3.56

-3.56

1.54

1.54

1.54

-3.96

-3.96

-3.96

-7.77

-7.77

-7.77

-3.81

-3.81

-3.81

2.34

2.34

2.34

8.21

8.21

8.21

14.13

14.13

14.13

12.24

12.24

12.24

10.39

10.39

10.39

8.95

8.95

8.95

8.41

8.41

8.41

10.47

10.47

10.47

11.28

11.28

11.28

11.49

11.49

11.49

10.98

10.98

10.98

11.08

11.08

11.08

7.41

7.41

7.41

7.41

3.00

3.00

-8.06

-8.06

-8.06

-9.87

-9.87

-9.87

-11.76

-11.76

-11.76

-9.92

-9.92

-9.92

3.50

3.50

3.50

-1.16

-1.16

-1.16

-4.86

-4.86

-4.86

-4.98

-4.98

-4.98

-2.05

-2.05

-2.05

6.30

6.30

6.30

10.25

10.25

10.25

10.25

10.25

12.90

15.56

15.56

15.56

15.36

15.36

15.36

14.23

14.23

14.23

14.23

14.23

14.47

15.74

15.74

15.74

19.21

19.21

19.21

23.24

23.24

23.24

26.89

26.89

26.89

30.47

30.47

30.47

33.57

33.57

33.57

35.39

35.39

35.39

36.63

36.63

36.63

36.59

36.59

36.59

35.76

35.76

35.76

35.20

35.20

35.20

35.20

34.43

34.43

34.58

34.58

34.58

33.82

33.82

33.82

31.80

31.80

31.80

31.80

31.52

31.52

31.52

31.12

31.12

32.69

32.69

32.69

32.69

34.11

34.11

34.11

33.93

33.93

33.93

33.72

33.72

32.97

32.97

32.97

32.97

32.02

32.02

32.02

32.29

32.29

32.29

32.72

32.72

33.96

33.96

33.96

33.96

37.55

37.55

39.56

39.56

39.56

39.56

42.44

42.44

41.27

41.27

41.27

41.27

41.08

41.08

41.08

40.76

40.76

40.76

40.76

39.91

41.25

41.25

41.25

41.40

41.40

41.40

41.40

35.84

35.84

35.84

33.21

33.21

32.73

32.73

32.73

Earnings from Cont. Ops Margin

32.19

32.19

32.19

32.19

29.12

29.12

29.12

23.20

23.20

22.47

22.47

22.47

27.39

27.39

27.39

27.39

19.61

19.61

22.85

22.85

22.85

6.82

6.82

6.82

-8.10

-8.10

-8.10

-14.93

-14.93

-14.93

-17.03

-17.03