
11.90 EUR (+58.2%)
13 analysts
What does it do?
HBX Group International is a B2B travel technology and services provider that connects hotels, airlines, and other suppliers with travel agencies and distribution platforms globally.
Listed on Bolsa de Madrid (BME) · Symbol HBX.MC · BME: HBX · Currency EUR
Key points
from its scores- ✓Attractive valuation9.2
- ✓High-quality business7.7
- ✓Very solid balance sheet7.1
- ✕Weak growth3.2
- ✕Little or no dividend3.5
AI analysis
bottom line, main risk, context and newsThe valuation is attractive but the current business contraction warrants caution.
HBX Group trades at a P/E of 7.92 and a FCF yield of 15.18%, reflecting a very attractive valuation, supported by an operating margin of 36.25% and an ROE of 24.54%. However, revenue growth is negative (-3.10%), suggesting the market is discounting a potential business contraction. Financial health is solid (Net Debt/EBITDA of 1.67) and the quality of the moat is high, but the lack of growth is the main drag.
The main risk is the revenue contraction (-3.10%), which could indicate a loss of competitiveness or a structural slowdown in the B2B travel sector, not captured by the current strong margins.
Context and risks
HBX Group International is a B2B travel technology and services provider headquartered in the United Kingdom. Its business has no direct exposure to commodities, interest rates, or conflict-affected shipping routes. The current macro context (rising rates, strong dollar, Hormuz tensions) does not materially and demonstrably affect its core activity, so no context risk adjustment is applied.
Is HBX Group International stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 48% below the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 7.9 | 17.8 | −56% |
| EV / EBITDA | 6.7 | 11.2 | −40% |
| Price / book | 2.3 | 2.9 | −22% |
| Price / sales | 2.6 | 1.3 | +103% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 9.2 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 11.90 EUR, +58.2% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 7.1 (sector 5.7), Growth 3.2 (sector 5.9).
Classic formulas with standard assumptions (8.6% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Consumer Cyclical medianValuation
- P/E
- 7.9
- Forward P/E
- 7.3
- EV / EBITDA
- 6.7
- Price / book
- 2.3
- Price / sales
- 2.6
- Market cap
- 1.8B EUR
- Enterprise value
- 2.5B EUR
Profitability
- ROE
- 24.5%
- ROA
- 6.3%
- ROIC (approx.)
- 12.5%
- Gross margin
- 87.6%
- Operating margin
- 36.2%
- Net margin
- 26.2%
- Free cash flow
- 275.0M EUR
- FCF yield
- 15.2%
- Cash conversion
- 75%
Solvency
- Total debt
- 1.2B EUR
- Net debt
- 616.0M EUR
- Cash
- 633.0M EUR
- EBITDA
- 368.0M EUR
- Net debt / EBITDA
- 1.67
- Debt / equity
- 152.13
- Current ratio
- 0.97
- Quick ratio
- 0.81
Growth
- Revenue growth
- −3.1%
- EPS (TTM)
- 0.95 EUR
- EPS (forward)
- 1.03 EUR
Dividend
- Dividend yield
- 2.0%
- Payout
- 0.0%
Risk and market
- Analyst consensus
- Strong buy (13)
- Target price
- 11.90 EUR
- 52-week range
- 5.62 – 8.84
Recent news
All HBX.MC news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about HBX Group International
Is HBX Group International stock cheap or expensive?
On P/E and EV / EBITDA, it trades 48% below the Consumer Cyclical median on average. Valuation score: 9.2 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 11.90 EUR, +58.2% versus the price. This is not investment advice.
What score does HBX Group International get on MeridIAn Screener?
It scores 6.6 out of 10, rank 450 of 2,130 (better than 77% of the companies analysed). Its strongest category is Valuation (9.2) and its weakest, Growth (3.2). Analysis of 08/10/2026.
What is HBX Group International's P/E ratio?
Its P/E is 7.9: the share price equals 7.9 times earnings per share over the last 12 months. The Consumer Cyclical median is 17.8. Based on the earnings analysts expect, the forward P/E is 7.3.
How much is HBX Group International worth on the stock market?
Its market capitalisation is 1.8B EUR and its enterprise value, debt included, is 2.5B EUR.
How much debt does HBX Group International have?
Its net debt (debt minus cash) is 616.0M EUR. That is 1.67 times its EBITDA; the Consumer Cyclical median is 1.91.
Does HBX Group International pay a dividend?
Yes: its dividend yield is 1.99%.
How has HBX Group International stock performed over the last year?
It has risen 9.8% over the last year, excluding dividends. Over the last 52 weeks it has traded between 5.62 and 8.84 EUR. Past performance does not guarantee future results.
What do analysts think of HBX Group International?
13 analysts cover it; their average recommendation is “Strong buy” and their average target is 11.90 EUR (+58.2% versus the price). It is an estimate, not market data.
