Overview Dividends

(BKNG) Booking Holdings - Ratings and Ratios

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US09857L1089

Booking.Com, Agoda, Kayak, Opentable, Priceline

BKNG EPS (Earnings per Share)

EPS Growth (3Y CAGR): 65.88%
EPS Trend (3Y Correlation): 55.0%

BKNG Revenue

Revenue Growth (3Y CAGR): 33.75%
Revenue Trend (3Y Correlation): 61.7%

Risk via 10d forecast
Volatility	26.0%
Value at Risk 5%th	42.1%
Relative Tail Risk	-1.69%

Reward TTM
Sharpe Ratio	0.05
Alpha	-12.13

Character TTM
Hurst Exponent	0.436
Beta	0.941
Beta Downside	0.945

Drawdowns 3y
Max DD	21.28%
Mean DD	4.88%
Median DD	3.70%

Description: BKNG Booking Holdings September 24, 2025

Booking Holdings Inc. (NASDAQ:BKNG) operates a portfolio of leading online travel brands-including Booking.com, Priceline, Agoda, KAYAK, and OpenTable-that enable consumers to book accommodations, flights, rental cars, cruises, activities, and restaurant reservations, while also providing distribution, advertising, and insurance services to travel-service providers.

Founded in 1997 and rebranded from The Priceline Group in 2018, the company is headquartered in Norwalk, Connecticut, and generates the bulk of its revenue from the United States, the Netherlands, and a broad international footprint.

Key performance indicators from FY 2023 show $18.7 billion in revenue, $124 billion in net bookings, and an adjusted EBITDA margin of roughly 23%, reflecting the high-margin, asset-light nature of its platform business (gross margins consistently near 90%).

Growth is being driven by a rebound in discretionary travel spending post-pandemic, especially in the Asia-Pacific region where Agoda’s market share is expanding, and by continued consumer shift toward meta-search tools like KAYAK that capture price-sensitive demand.

Macro-level drivers include global GDP growth, consumer confidence, and the elasticity of travel spend to interest-rate movements; a slowdown in these areas could materially affect booking volumes.

For a deeper, data-driven valuation framework, you might explore the detailed metrics on ValueRay.

BKNG Stock Overview

Market Cap in USD	163,755m
Sub-Industry	Hotels, Resorts & Cruise Lines
IPO / Inception	1999-03-30
Return 12m vs S&P 500	-10.0%
Analyst Rating	4.23 of 5

BKNG Dividends

Dividend Yield	0.74%
Yield on Cost 5y	1.81%
Yield CAGR 5y	0.00%
Payout Consistency	100.0%
Payout Ratio	17.0%

BKNG Growth Ratios

CAGR 3y	38.86%
CAGR/Max DD Calmar Ratio	1.83
CAGR/Mean DD Pain Ratio	7.96
Current Volume	281k
Average Volume	271.4k

Piotroski VR‑10 (Strict, 0-10) 6.0

Net Income (5.04b TTM) > 0 and > 6% of Revenue (6% = 1.56b TTM)

FCFTA 0.29 (>2.0%) and ΔFCFTA -1.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue 20.88% (prev 16.71%; Δ 4.18pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA 0.30 (>3.0%) and CFO 8.64b > Net Income 5.04b (YES >=105%, WARN >=100%)

Net Debt (1.02b) to EBITDA (9.15b) ratio: 0.11 <= 3.0 (WARN <= 3.5)

Current Ratio 1.33 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (32.6m) change vs 12m ago -3.86% (target <= -2.0% for YES)

Gross Margin 97.00% (prev 97.03%; Δ -0.03pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 91.80% (prev 82.39%; Δ 9.41pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 4.48 (EBITDA TTM 9.15b / Interest Expense TTM 1.88b) >= 6 (WARN >= 3)

Altman Z'' 8.95

(A) 0.19 = (Total Current Assets 21.70b - Total Current Liabilities 16.27b) / Total Assets 28.75b

(B) 1.38 = Retained Earnings (Balance) 39.55b / Total Assets 28.75b

warn (B) unusual magnitude: 1.38 — check mapping/units

(D) 1.17 = Book Value of Equity 39.25b / Total Liabilities 33.49b

Total Rating: 8.95 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 78.39

1. Piotroski 6.0pt = 1.0

2. FCF Yield 5.05% = 2.52

3. FCF Margin 31.93% = 7.50

4. Debt/Equity -3.70 = -2.50

5. Debt/Ebitda 0.11 = 2.49

6. ROIC - WACC (= 48.19)% = 12.50

7. RoE -93.73% = -2.50

8. Rev. Trend 61.69% = 4.63

9. EPS Trend 54.95% = 2.75

What is the price of BKNG shares?

As of November 14, 2025, the stock is trading at USD 5075.61 with a total of 280,997 shares traded.
Over the past week, the price has changed by +3.60%, over one month by -3.39%, over three months by -6.67% and over the past year by +2.50%.

Is Booking Holdings a good stock to buy?

Partly, yes. Based on ValueRay´s Fundamental Analyses, Booking Holdings (NASDAQ:BKNG) is currently (November 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 78.39 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of BKNG is around 5496.83 USD . This means that BKNG is currently overvalued and has a potential downside of 8.3%.

Is BKNG a buy, sell or hold?

Booking Holdings has received a consensus analysts rating of 4.23. Therefore, it is recommended to buy BKNG.

Strong Buy: 21
Buy: 6
Hold: 12
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the BKNG price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	6200.6	22.2%
Analysts Target Price	6200.6	22.2%
ValueRay Target Price	6214.7	22.4%

BKNG Fundamental Data Overview November 01, 2025

Market Cap USD = 163.75b (163.75b USD * 1.0 USD.USD)
P/E Trailing = 33.0313
P/E Forward = 21.3675
P/S = 6.2888
P/B = 34.9536
P/EG = 1.1551
Beta = 1.351
Revenue TTM = 26.04b USD
EBIT TTM = 8.41b USD
EBITDA TTM = 9.15b USD
Long Term Debt = 14.85b USD (from longTermDebt, last fiscal year)
Short Term Debt = 999.0m USD (from shortTermDebt, last quarter)
Debt = 17.53b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.02b USD (from netDebt column, last quarter)
Enterprise Value = 164.77b USD (163.75b + Debt 17.53b - CCE 16.51b)
Interest Coverage Ratio = 4.48 (Ebit TTM 8.41b / Interest Expense TTM 1.88b)
FCF Yield = 5.05% (FCF TTM 8.31b / Enterprise Value 164.77b)
FCF Margin = 31.93% (FCF TTM 8.31b / Revenue TTM 26.04b)
Net Margin = 19.37% (Net Income TTM 5.04b / Revenue TTM 26.04b)
Gross Margin = 97.00% ((Revenue TTM 26.04b - Cost of Revenue TTM 780.0m) / Revenue TTM)
Gross Margin QoQ = 97.79% (prev 97.15%)
Tobins Q-Ratio = 5.73 (Enterprise Value 164.77b / Total Assets 28.75b)
Interest Expense / Debt = 1.72% (Interest Expense 301.0m / Debt 17.53b)
Taxrate = 20.78% (721.0m / 3.47b)
NOPAT = 6.66b (EBIT 8.41b * (1 - 20.78%))
Current Ratio = 1.33 (Total Current Assets 21.70b / Total Current Liabilities 16.27b)
Debt / Equity = -3.70 (negative equity) (Debt 17.53b / totalStockholderEquity, last quarter -4.74b)
Debt / EBITDA = 0.11 (Net Debt 1.02b / EBITDA 9.15b)
Debt / FCF = 0.12 (Net Debt 1.02b / FCF TTM 8.31b)
Total Stockholder Equity = -5.38b (last 4 quarters mean from totalStockholderEquity)
RoA = 17.54% (Net Income 5.04b / Total Assets 28.75b)
RoE = -93.73% (negative equity) (Net Income TTM 5.04b / Total Stockholder Equity -5.38b)
RoCE = 88.77% (EBIT 8.41b / Capital Employed (Equity -5.38b + L.T.Debt 14.85b))
RoIC = 58.25% (NOPAT 6.66b / Invested Capital 11.44b)
WACC = 10.06% (E(163.75b)/V(181.28b) * Re(10.99%) + D(17.53b)/V(181.28b) * Rd(1.72%) * (1-Tc(0.21)))
Discount Rate = 10.99% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -3.86%
[DCF Debug] Terminal Value 70.45% ; FCFE base≈8.39b ; Y1≈9.46b ; Y5≈12.75b
Fair Price DCF = 4297 (DCF Value 138.49b / Shares Outstanding 32.2m; 5y FCF grow 14.78% → 3.0% )
EPS Correlation: 54.95 | EPS CAGR: 65.88% | SUE: 2.90 | # QB: 10
Revenue Correlation: 61.69 | Revenue CAGR: 33.75% | SUE: 1.88 | # QB: 5

Additional Sources for BKNG Stock

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