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BKNG$167.05-1.30%
Fair $167.05+0.0%

BKNG

Booking Holdings Inc.

Consumer Cyclical / Travel ServicesNasdaqGS

$167.05

-2.20 (-1.30%)

Fairly Valued+0.0%Fair Value $167.05Fund rank 39/100 · Data gapFallback financials|
SA 44/C
F-Score: 4/9
Low Profitability

FCF base 3Y

n/d

n/d CAGR · yield n/d

FCF base 5Y

n/d

n/d base · n/d expected

Precio de entrada

n/d

MOS 22% · confianza 25%

FCF escenarios

weak_data · normalized FCF $7.9B · quality 84.3/100

Data gap 39/100
Bear 5Yn/dn/d
Base 5Yn/dn/d
Bull 5Yn/dn/d
Return 0/100Downside 20/100Model quality 90/100Data QA 20/100

Ranking barato/determinista: CAGR esperado 5Y + downside bear + calidad del modelo + balance + capital allocation + data gate. No entra en buy-candidate si la data es débil o el CAGR 5Y no compensa.

Quality + valuation scorecard

SA Score

44/100

C

Piotroski

4/9

balance/quality

Valuation

50/100

+0.0% upside

5Y CAGR

+0.0%

50/100

Data QA

20/100

SEC 0%

Latest source: unknownPeriods: 18Warnings: 1unknown: 18
No SEC-backed annual rows; valuation uses fallback financial data. Sector-specific holding-company NAV/SOTP model required: targets are disabled until look-through holdings, debt and discount data exists. ROE is -96.9%, below the 5% threshold
Thesis & Journal · BKNGLocal privado en este navegador · Booking Holdings Inc.
Plantilla tipo buy-side: tesis, bull/base/bear, catalizadores, riesgos, kill criteria y fecha de revisión. Esto no gasta GPT-5.5; luego lo usamos como contexto del memo.

Sin guardar todavía.

Market Cap

$129.4B

P/E

22.0x

↑

EV/EBITDA

15.0x

↑

ROE

-96.9%

↓

Gross Margin

N/A

•

Debt/Equity

-3.46

↓
52-Week Range$167
$150$234

TradingView lightweight chart

BKNG price, volumen y niveles de valoración

Último $167.05Periodo +1258.1%
Fair value: $167.05

Price & Ratios

Absolute Values (Left Axis)

Ratios / Percentages (Right Axis)

Financial statement dashboard

Crecimiento, márgenes y provenance

2008–2025 · 17 años de histórico normalizado

Revenue CAGR

+16.9%

FCF CAGR

+22.3%

FCF margin

33.8%

FCF / Net income

1.68x

Latest source

Provider fallback

Margin decomposition

Último año: revenue $26.92B · net income $5.40B · FCF $9.09B

2008-FY → 2025-FY

Gross margin

—— pts

Operating margin

34.5%+19.1% pts

Net margin

20.1%+10.4% pts

FCF margin

33.8%+18.0% pts
MetricTTM
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
Income Statement
Revenue$26.92B$26.92B$23.74B$21.36B$17.09B$10.96B$6.80B$15.07B$14.53B$12.68B$10.74B$9.22B$8.44B$6.79B$5.26B$4.36B$3.08B$2.34B$1.88B
Net Income$5.40B$5.40B$5.88B$4.29B$3.06B$1.17B$59.0M$4.87B$4.00B$2.34B$2.13B$2.55B$2.42B$1.89B$1.42B$1.06B$527.5M$489.5M$182.2M
EBITDA$9.22B$9.22B$9.34B$7.04B$4.92B$2.92B$-173.0M$5.81B$5.77B$4.90B$3.21B$3.53B$3.28B$2.53B$1.89B$1.45B$832.6M$510.0M$332.3M
EPS6.626.626.914.703.051.130.064.473.331.871.711.981.831.441.110.830.410.400.15
Gross Margin—————————98.1%96.1%93.1%89.8%84.1%77.6%70.7%61.9%53.9%50.7%
Operating Margin34.5%34.5%31.8%27.3%29.9%22.8%-9.3%35.5%36.8%35.8%27.1%35.3%36.4%35.5%34.8%32.1%25.5%20.1%15.4%
Net Margin20.1%20.1%24.8%20.1%17.9%10.6%0.9%32.3%27.5%18.5%19.9%27.7%28.7%27.9%27.1%24.3%17.1%20.9%9.7%
Balance Sheet
Debt/Equity-3.46-3.46-4.25-5.394.691.452.251.290.980.780.630.700.450.25—————
Current Ratio1.061.06—————————————————
Cash Flow
Free Cash Flow$9.09B$9.09B$7.89B$7.00B$6.19B$2.52B$-201.0M$4.50B$4.90B$4.37B$3.76B—————$754.7M$494.6M$297.2M
Returns
ROE-96.9%-96.9%-146.3%-156.3%109.9%18.9%1.2%82.0%45.5%20.8%21.7%29.0%28.3%27.4%36.5%41.1%29.1%37.0%26.1%
Valuation
P/E22.0422.0428.4029.0328.54——————————————
EV/EBITDA15.0215.0217.9918.0617.90——————————————
P/B————31.37——————————————
Growth & Yield
Revenue Growth13.4%13.4%11.1%25.0%—61.2%-54.9%3.7%14.6%18.0%16.5%9.3%24.3%29.1%20.8%41.2%31.9%24.1%—
EPS Growth-4.1%-4.1%47.1%53.8%—1856.3%-98.7%34.3%77.7%9.9%-13.8%8.3%26.5%30.5%34.1%99.3%4.8%164.2%—
Dividend Yield0.9%0.9%—————————————————

Revenue, Net Income & Free Cash Flow ($B)

Margins (%)

Returns (%)

Leverage & Liquidity

Reverse DCF · market-implied EPS growthterminal P/E 15.0x · COE 10.0%

3Y implied EPS CAGR

30.8%

muy exigente

EPS terminal req.

$14.82

Spread vs growth

-34.9%

5Y implied EPS CAGR

22.0%

exigente

EPS terminal req.

$17.94

Spread vs growth

-26.2%

10Y implied EPS CAGR

15.9%

exigente

EPS terminal req.

$28.89

Spread vs growth

-20.0%

Qué te dice: cuánto EPS CAGR está descontando el precio si sales al múltiplo terminal indicado. Si el growth observado queda por debajo, el mercado está pidiendo una ejecución muy fina.

Return attribution · 1Y approxreconcilia total -23.7%

Total return

-23.7%

Start / end P/E

32.1x → 25.2x

EPS bridge

6.91 → 6.62

Residual

+0.9%

EPS growth-4.1%
Multiple rerating-21.4%
Dividend+0.9%
Residual / FX / buybacks / cross-term+0.9%

Simple additive decomposition: total return = EPS growth contribution + P/E multiple contribution + dividend contribution + explicit residual. The residual captures cross-terms, buybacks/share-count effects, FX, special dividends, data noise and methodology mismatch so the bridge always reconciles.