(TCOM) Trip.com - Ratings and Ratios
Exchange: NASDAQ •
Country: Singapore •
Currency: USD •
Type: Common Stock •
ISIN: US89677Q1076
Hotel, Flight, Package, Corporate, Insurance
Dividends
| Dividend Yield | 0.42% |
| Yield on Cost 5y | 0.87% |
| Yield CAGR 5y | % |
| Payout Consistency | 13.3% |
| Payout Ratio | 0.7% |
| Risk via 10d forecast | |
|---|---|
| Volatility | 40.2% |
| Value at Risk 5%th | 58.8% |
| Relative Tail Risk | -11.12% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.22 |
| Alpha | -2.80 |
| CAGR/Max DD | 0.93 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.551 |
| Beta | 0.769 |
| Beta Downside | 0.779 |
| Drawdowns 3y | |
|---|---|
| Max DD | 31.08% |
| Mean DD | 11.09% |
| Median DD | 10.67% |
Description: TCOM Trip.com December 04, 2025
Trip.com Group Ltd (NASDAQ:TCOM) operates a diversified travel platform that enables consumers and corporations to book hotels, flights, trains, buses, ferries, cruises, car rentals, and packaged tours across China and globally. Through brands such as Ctrip, Qunar, Trip.com, Travix, Travelfusion, and Skyscanner, the company also offers ancillary services like travel insurance, airport lounge access, online check-in, and real-time flight tracking.
Beyond consumer bookings, Trip.com provides an end-to-end corporate travel management suite-including business-visit planning, incentive trips, meetings & conferences, travel data analytics, and a proprietary Corporate Travel Management System-that integrates supplier management, CRM, and open-platform APIs for ecosystem partners.
Key recent metrics: FY 2023 revenue reached approximately **$8.5 billion**, up 12% YoY, driven by a rebound in Chinese outbound travel and a 15% increase in Gross Booking Value (GBV) to **$150 billion**. The company’s net profit margin improved to **3.5%**, reflecting cost efficiencies from its AI-powered pricing engine. Sector-wide, domestic travel spending in China grew 9% YoY in Q3 2024, while rising competition from super-apps (e.g., Meituan) is pressuring commission rates.
For a deeper quantitative assessment, consult ValueRay’s detailed TCOM valuation model.
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (31.17b TTM) > 0 and > 6% of Revenue (6% = 3.59b TTM) |
| FCFTA 0.07 (>2.0%) and ΔFCFTA 6.21pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 68.50% (prev 67.15%; Δ 1.36pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.07 (>3.0%) and CFO 19.62b <= Net Income 31.17b (YES >=105%, WARN >=100%) |
| Net Debt (-27.29b) to EBITDA (33.96b) ratio: -0.80 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.48 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (695.0m) change vs 12m ago 1.03% (target <= -2.0% for YES) |
| Gross Margin 80.72% (prev 81.60%; Δ -0.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 23.21% (prev 20.82%; Δ 2.39pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 31.34 (EBITDA TTM 33.96b / Interest Expense TTM 1.06b) >= 6 (WARN >= 3) |
Altman Z'' 4.16
| (A) 0.15 = (Total Current Assets 125.41b - Total Current Liabilities 84.48b) / Total Assets 270.58b |
| (B) 0.17 = Retained Earnings (Balance) 45.25b / Total Assets 270.58b |
| (C) 0.13 = EBIT TTM 33.13b / Avg Total Assets 257.44b |
| (D) 1.67 = Book Value of Equity 168.23b / Total Liabilities 100.60b |
| Total Rating: 4.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 86.83
| 1. Piotroski 4.50pt |
| 2. FCF Yield 6.84% |
| 3. FCF Margin 31.85% |
| 4. Debt/Equity 0.19 |
| 5. Debt/Ebitda -0.80 |
| 6. ROIC - WACC (= 6.87)% |
| 7. RoE 20.60% |
| 8. Rev. Trend 90.19% |
| 9. EPS Trend 87.20% |
What is the price of TCOM shares?
As of December 05, 2025, the stock is trading at USD 71.12 with a total of 904,430 shares traded.
Over the past week, the price has changed by +1.72%, over one month by +1.56%, over three months by -2.56% and over the past year by +6.86%.
Over the past week, the price has changed by +1.72%, over one month by +1.56%, over three months by -2.56% and over the past year by +6.86%.
Is TCOM a buy, sell or hold?
Trip.com has received a consensus analysts rating of 4.64.
Therefore, it is recommended to buy TCOM.
- Strong Buy: 24
- Buy: 6
- Hold: 3
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the TCOM price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 85.9 | 20.8% |
| Analysts Target Price | 85.9 | 20.8% |
| ValueRay Target Price | 82 | 15.3% |
TCOM Fundamental Data Overview December 05, 2025
Market Cap CNY = 326.88b (46.22b USD * 7.0718 USD.CNY)
P/E Trailing = 19.3224
P/E Forward = 17.1527
P/S = 0.7735
P/B = 1.9321
P/EG = 2.3099
Beta = -0.133
Revenue TTM = 59.76b CNY
EBIT TTM = 33.13b CNY
EBITDA TTM = 33.96b CNY
Long Term Debt = 11.03b CNY (from longTermDebt, last quarter)
Short Term Debt = 20.34b CNY (from shortTermDebt, last quarter)
Debt = 31.93b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -27.29b CNY (from netDebt column, last quarter)
Enterprise Value = 278.36b CNY (326.88b + Debt 31.93b - CCE 80.45b)
Interest Coverage Ratio = 31.34 (Ebit TTM 33.13b / Interest Expense TTM 1.06b)
FCF Yield = 6.84% (FCF TTM 19.03b / Enterprise Value 278.36b)
FCF Margin = 31.85% (FCF TTM 19.03b / Revenue TTM 59.76b)
Net Margin = 52.16% (Net Income TTM 31.17b / Revenue TTM 59.76b)
Gross Margin = 80.72% ((Revenue TTM 59.76b - Cost of Revenue TTM 11.52b) / Revenue TTM)
Gross Margin QoQ = 81.68% (prev 81.01%)
Tobins Q-Ratio = 1.03 (Enterprise Value 278.36b / Total Assets 270.58b)
Interest Expense / Debt = 0.57% (Interest Expense 183.0m / Debt 31.93b)
Taxrate = 14.37% (3.34b / 23.26b)
NOPAT = 28.36b (EBIT 33.13b * (1 - 14.37%))
Current Ratio = 1.48 (Total Current Assets 125.41b / Total Current Liabilities 84.48b)
Debt / Equity = 0.19 (Debt 31.93b / totalStockholderEquity, last quarter 168.23b)
Debt / EBITDA = -0.80 (Net Debt -27.29b / EBITDA 33.96b)
Debt / FCF = -1.43 (Net Debt -27.29b / FCF TTM 19.03b)
Total Stockholder Equity = 151.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.52% (Net Income 31.17b / Total Assets 270.58b)
RoE = 20.60% (Net Income TTM 31.17b / Total Stockholder Equity 151.30b)
RoCE = 20.41% (EBIT 33.13b / Capital Employed (Equity 151.30b + L.T.Debt 11.03b))
RoIC = 14.98% (NOPAT 28.36b / Invested Capital 189.38b)
WACC = 8.11% (E(326.88b)/V(358.81b) * Re(8.85%) + D(31.93b)/V(358.81b) * Rd(0.57%) * (1-Tc(0.14)))
Discount Rate = 8.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.98%
[DCF Debug] Terminal Value 78.87% ; FCFE base≈12.23b ; Y1≈15.09b ; Y5≈25.74b
Fair Price DCF = 575.4 (DCF Value 376.11b / Shares Outstanding 653.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 87.20 | EPS CAGR: 194.5% | SUE: 4.0 | # QB: 2
Revenue Correlation: 90.19 | Revenue CAGR: 43.93% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=6.80 | Chg30d=+0.118 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=29.77 | Chg30d=+0.097 | Revisions Net=+6 | Growth EPS=-34.8% | Growth Revenue=+13.6%
P/E Trailing = 19.3224
P/E Forward = 17.1527
P/S = 0.7735
P/B = 1.9321
P/EG = 2.3099
Beta = -0.133
Revenue TTM = 59.76b CNY
EBIT TTM = 33.13b CNY
EBITDA TTM = 33.96b CNY
Long Term Debt = 11.03b CNY (from longTermDebt, last quarter)
Short Term Debt = 20.34b CNY (from shortTermDebt, last quarter)
Debt = 31.93b CNY (from shortLongTermDebtTotal, last quarter)
Net Debt = -27.29b CNY (from netDebt column, last quarter)
Enterprise Value = 278.36b CNY (326.88b + Debt 31.93b - CCE 80.45b)
Interest Coverage Ratio = 31.34 (Ebit TTM 33.13b / Interest Expense TTM 1.06b)
FCF Yield = 6.84% (FCF TTM 19.03b / Enterprise Value 278.36b)
FCF Margin = 31.85% (FCF TTM 19.03b / Revenue TTM 59.76b)
Net Margin = 52.16% (Net Income TTM 31.17b / Revenue TTM 59.76b)
Gross Margin = 80.72% ((Revenue TTM 59.76b - Cost of Revenue TTM 11.52b) / Revenue TTM)
Gross Margin QoQ = 81.68% (prev 81.01%)
Tobins Q-Ratio = 1.03 (Enterprise Value 278.36b / Total Assets 270.58b)
Interest Expense / Debt = 0.57% (Interest Expense 183.0m / Debt 31.93b)
Taxrate = 14.37% (3.34b / 23.26b)
NOPAT = 28.36b (EBIT 33.13b * (1 - 14.37%))
Current Ratio = 1.48 (Total Current Assets 125.41b / Total Current Liabilities 84.48b)
Debt / Equity = 0.19 (Debt 31.93b / totalStockholderEquity, last quarter 168.23b)
Debt / EBITDA = -0.80 (Net Debt -27.29b / EBITDA 33.96b)
Debt / FCF = -1.43 (Net Debt -27.29b / FCF TTM 19.03b)
Total Stockholder Equity = 151.30b (last 4 quarters mean from totalStockholderEquity)
RoA = 11.52% (Net Income 31.17b / Total Assets 270.58b)
RoE = 20.60% (Net Income TTM 31.17b / Total Stockholder Equity 151.30b)
RoCE = 20.41% (EBIT 33.13b / Capital Employed (Equity 151.30b + L.T.Debt 11.03b))
RoIC = 14.98% (NOPAT 28.36b / Invested Capital 189.38b)
WACC = 8.11% (E(326.88b)/V(358.81b) * Re(8.85%) + D(31.93b)/V(358.81b) * Rd(0.57%) * (1-Tc(0.14)))
Discount Rate = 8.85% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.98%
[DCF Debug] Terminal Value 78.87% ; FCFE base≈12.23b ; Y1≈15.09b ; Y5≈25.74b
Fair Price DCF = 575.4 (DCF Value 376.11b / Shares Outstanding 653.6m; 5y FCF grow 25.0% → 3.0% )
EPS Correlation: 87.20 | EPS CAGR: 194.5% | SUE: 4.0 | # QB: 2
Revenue Correlation: 90.19 | Revenue CAGR: 43.93% | SUE: 0.01 | # QB: 0
EPS next Quarter (2026-03-31): EPS=6.80 | Chg30d=+0.118 | Revisions Net=+2 | Analysts=3
EPS next Year (2026-12-31): EPS=29.77 | Chg30d=+0.097 | Revisions Net=+6 | Growth EPS=-34.8% | Growth Revenue=+13.6%
Additional Sources for TCOM Stock
News:
Wall Street Journal |
Benzinga |
Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle