Trip.com Group TCOM
SingaporeConsumer Cyclical · Travel ServicesUSD
58.52 USD (+53.6%)
29 analysts
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Trip.com Group is a leading online travel services platform offering hotel, flight, tour package, and other related bookings, with a strong presence in the Asian market, especially in China.
Key points
from its scores- ✓Favourable backdrop8.9
- ✓Attractive valuation7.7
- ✕Poor share-price trend0.9
- ✕Little or no dividend1.5
- ✕Little competitive advantage4.6
AI analysis
bottom line, main risk, context and newsValuation is attractive, but the lack of profitability and negative momentum suggest waiting for signs of operational improvement before taking a position.
Trip.com trades at a P/E of 7.68, notably below its expected growth, but its profitability is weak (operating margin of -9.33% and ROIC of -3.09%), reflecting an investment phase or competitive pressure. Net cash (ND/EBITDA of -4.60) provides a financial cushion, but momentum is very negative (0th percentile in 52 weeks), indicating the market is discounting risks not visible on the balance sheet.
The main risk is dependence on the Chinese market and exposure to technology and travel regulation in the country, which could affect the company's ability to operate and grow.
Context and risks
Trip.com is domiciled in Singapore, a jurisdiction with solid governance, but its business depends critically on the Chinese market, where it operates through its subsidiary Ctrip. Exposure to technology and travel regulation in China, along with the regulatory volatility seen in the sector, justifies a moderate adjustment to the base risk.
Is Trip.com Group stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 36% below the Consumer Cyclical median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 7.7 | 17.8 | −57% |
| EV / EBITDA | 9.5 | 11.2 | −16% |
| Price / book | 0.9 | 2.9 | −67% |
| Price / sales | 2.4 | 1.3 | +95% |
Sector: median of the 228 Consumer Cyclical companies analysed. In bold, the multiples used for the comparison.
Valuation score: 7.7 out of 10 (median for Consumer Cyclical: 6.6).
Average analyst target: 58.52 USD, +53.6% versus the price.
A discount may reflect more risk or slower growth than its sector: Financial health 6.0 (sector 5.7), Growth 5.8 (sector 5.9).
Classic formulas with standard assumptions (0.0% 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
- 7.7
- Forward P/E
- 9.3
- EV / EBITDA
- 9.5
- Price / book
- 0.9
- Price / sales
- 2.4
- PEG
- 1.91
- Market cap
- 24.0B USD
- Enterprise value
- 108.0B CNY
Profitability
- ROE
- 15.6%
- ROA
- 2.6%
- ROIC (approx.)
- −3.1%
- Gross margin
- 80.0%
- Operating margin
- −9.3%
- Net margin
- 36.9%
Solvency
- Total debt
- 27.0B CNY
- Net debt
- −52.6B CNY
- Cash
- 79.5B CNY
- EBITDA
- 11.4B CNY
- Net debt / EBITDA
- −4.60
- Debt / equity
- 16.77
- Current ratio
- 1.33
- Quick ratio
- 1.05
Growth
- Revenue growth
- +5.5%
- EPS (TTM)
- 4.96 USD
- EPS (forward)
- 4.11 USD
Dividend
- Dividend yield
- 0.0%
- Payout
- 0.0%
Risk and market
- Beta
- −0.04
- Analyst consensus
- Strong buy (29)
- Target price
- 58.52 USD
- 52-week range
- 37.99 – 78.99
Recent news
All TCOM news →Compare it with its sector
All 228 in Consumer Cyclical →Frequently asked questions about Trip.com Group
Is Trip.com Group stock cheap or expensive?
On P/E and EV / EBITDA, it trades 36% below the Consumer Cyclical median on average. Valuation score: 7.7 out of 10 (median for Consumer Cyclical: 6.6). Average analyst target: 58.52 USD, +53.6% versus the price. This is not investment advice.
What score does Trip.com Group get on MeridIAn Screener?
It scores 5.7 out of 10, rank 1,278 of 2,130 (better than 39% of the companies analysed). Its strongest category is Risk & Context (8.9) and its weakest, Momentum (0.9). Analysis of 08/10/2026.
What is Trip.com Group's P/E ratio?
Its P/E is 7.7: the share price equals 7.7 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 9.3.
How much is Trip.com Group worth on the stock market?
Its market capitalisation is 24.0B USD and its enterprise value, debt included, is 108.0B USD.
How much debt does Trip.com Group have?
It has more cash than debt: net cash of 52.6B CNY.
Does Trip.com Group pay a dividend?
It pays no dividend, or almost none.
How has Trip.com Group stock performed over the last year?
It has fallen 45.6% over the last year, excluding dividends. Over the last 52 weeks it has traded between 37.99 and 78.99 USD. Past performance does not guarantee future results.
What do analysts think of Trip.com Group?
29 analysts cover it; their average recommendation is “Strong buy” and their average target is 58.52 USD (+53.6% versus the price). It is an estimate, not market data.