Obermatt

Trip.com

HKG:9961 · KYG9066F1019
Hotels, Restaurants & LeisureX-Large

360

70
EV / EBIT81
Price / Owner Earnings74
Owner Earnings Yield98
Dividend Yield55
Price/Sales11
EV / Gross Profit78
Price/Book74
Return on Capital38
Cash Return on Capital85
Return on Equity60
EBIT Margin81
Gross Profitability40
Cash Conversion4
Accruals7
Owner Earnings Margin98
Sales growth67
Profit Growth97
Long-Term EPS Growth37
Reinvestment70
Price momentum39
Debt load69
Refinancing51
Debt Payback100
Liquidity74
Analyst ratings73
Opinion Changes50
Price Target Upside92
Market mood81
Value Creation10/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Trip.com clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountrySingapore
IndustryHotels, Restaurants & Leisure
SizeX-Large
TypePublic Company
ExchangeNASDAQGS
Founded2000
Employees4,289
ISINKYG9066F1019
Last UpdateApr 2, 2026
Themes
Online PaymentsComputer VisionCustomer Relationship ManagementMachine LearningTourismTravel AccommodationsBusiness TravelArtificial IntelligenceTravelTravel Agency

Description

Trip.com Group Limited provides a global one-stop travel service, integrating a comprehensive suite of travel products and services and differentiated travel content. Leveraging the company’s one-stop-shop model, high-quality service, and advanced t…

Analysis

Middle-of-the-road

Trip.com Group Limited sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is attractive. The owner-earnings multiple stands at 6.2×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around -10% a year, against analyst forecasts of 4%. The price, in other words, assumes less than the experts do.

Growth is tepid; the safety picture is sturdy. The company scores 10/20 on our value-creation score: creating some value.

Flags to be aware of: Some accounting patterns deserve a closer look. Some accounting patterns deserve a closer look. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
98
2026

All-time high

100

Mar 2026

All-time low

98

Jun 2026

Average rank

99

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
11
Price/Earnings
82
Price/Book
74
Dividend Yield
55
Value (overall)
69

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →