(TUI1) TUI - XETRA
Sector: Consumer Cyclical | Industry: Travel Services | Exchange: XETRA (Germany) | Market Cap: 3.716m EUR | Total Return: 16.9% in 12m
Avg Turnover: 26.8M
EPS Trend: 12.9%
Qual. Beats: -1
Rev. Trend: 94.2%
Qual. Beats: 0
Warnings
Altman Z'' -2.11 < 1.0 - financial distress zone
Tailwinds
No distinct edge detected
TUI AG is a German-headquartered international tourism group that operates a vertically integrated travel business spanning hotels and resorts, cruise lines, an aircraft fleet, and a digital marketplace for tours and activities. Its hotel portfolio includes well-known brands such as Riu, Robinson, TUI Blue, and Iberotel, while its cruise operations are run under TUI Cruises, Hapag-Lloyd Cruises, and Marella. Distribution is multi-channel, reaching customers directly, through owned markets and airlines, and via third-party online travel agents and tour operators.
The company was founded in 1968 in Hanover, Germany, and was originally known as Preussag AG before adopting the TUI AG name in June 2002. TUI is classified within the Consumer Discretionary sector under the Hotels, Resorts & Cruise Lines sub-industry, and its business model combines asset-based operations (owned or partly owned hotels, cruise ships, and aircraft) with tour operator distribution, allowing it to capture revenue across the travel value chain.
- European summer holiday bookings drive Hotels & Resorts revenue growth
- Cruise segment margins recover as Hapag-Lloyd and Marella demand rebounds
- Debt reduction and capital raises pressure shareholder equity dilution
| Net Income: 701.9m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.04 > 0.02 and ΔFCF/TA -2.42 > 1.0 |
| NWC/Revenue: -19.52% < 20% (prev -23.32%; Δ 3.79% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.59b > Net Income 701.9m |
| Net Debt (5.33b) to EBITDA (1.98b): 2.69 < 3 |
| Current Ratio: 0.51 > 1.5 & < 3 |
| Outstanding Shares: last quarter (507.4m) vs 12m ago -0.54% < -2% |
| Gross Margin: 8.36% > 18% (prev 8.28%; Δ 0.08% > 0.5%) |
| Asset Turnover: 135.6% > 50% (prev 136.0%; Δ -0.39% > 0%) |
| Interest Coverage Ratio: 3.16 > 6 (EBIT TTM 1.09b / Interest Expense TTM 345.4m) |
| A: -0.26 (Total Current Assets 4.98b - Total Current Liabilities 9.70b) / Total Assets 18.1b |
| B: -0.29 (Retained Earnings -5.33b / Total Assets 18.1b) |
| C: 0.06 (EBIT TTM 1.09b / Avg Total Assets 17.8b) |
| D: 0.13 (Book Value of Equity 2.02b / Total Liabilities 15.1b) |
| Altman-Z'' = -2.11 = D |
| DSRI: 0.42 (Receivables 1.05b/2.45b, Revenue 24.2b/23.8b) |
| GMI: 0.99 (GM 8.28% / 8.36%) |
| AQI: 0.97 (AQ_t 0.34 / AQ_t-1 0.35) |
| SGI: 1.02 (Revenue 24.2b / 23.8b) |
| TATA: -0.05 (NI 701.9m - CFO 1.59b) / TA 18.1b) |
| Beneish M = -3.52 (Cap -4..+1) = AAA |
As of June 20, 2026, the stock is trading at EUR 7.16 with a total of 4,636,231 shares traded.
Over the past week, the price has changed by +1.10%,
over one month by +12.76%,
over three months by +8.36% and
over the past year by +16.92%.
TUI has no consensus analysts rating.
P/E Trailing = 5.6338
P/E Forward = 4.6642
P/S = 0.1538
P/B = 1.8388
P/EG = 1.2998
Revenue TTM = 24.2b EUR
EBIT TTM = 1.09b EUR
EBITDA TTM = 1.98b EUR
Long Term Debt = 1.56b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 889.7m EUR (from shortTermDebt, last quarter)
Debt = 6.79b EUR (from shortLongTermDebtTotal, last quarter) + Leases 2.32b
Net Debt = 5.33b EUR (calculated: Debt 6.79b - CCE 1.46b)
Enterprise Value = 9.05b EUR (3.72b + Debt 6.79b - CCE 1.46b)
Interest Coverage Ratio = 3.16 (Ebit TTM 1.09b / Interest Expense TTM 345.4m)
EV/FCF = 12.53x (Enterprise Value 9.05b / FCF TTM 722.5m)
FCF Yield = 7.98% (FCF TTM 722.5m / Enterprise Value 9.05b)
FCF Margin = 2.99% (FCF TTM 722.5m / Revenue TTM 24.2b)
Net Margin = 2.90% (Net Income TTM 701.9m / Revenue TTM 24.2b)
Gross Margin = 8.36% ((Revenue TTM 24.2b - Cost of Revenue TTM 22.1b) / Revenue TTM)
Gross Margin QoQ = -0.90% (prev 5.26%)
Tobins Q-Ratio = 0.50 (Enterprise Value 9.05b / Total Assets 18.1b)
Interest Expense / Debt = 5.08% (Interest Expense 345.4m / Debt 6.79b)
Taxrate = 17.98% (196.9m / 1.10b)
NOPAT = 894.9m (EBIT 1.09b * (1 - 17.98%))
Current Ratio = 0.51 (Total Current Assets 4.98b / Total Current Liabilities 9.70b)
Debt / Equity = 3.36 (Debt 6.79b / totalStockholderEquity, last quarter 2.02b)
Debt / EBITDA = 2.69 (Net Debt 5.33b / EBITDA 1.98b)
Debt / FCF = 7.38 (Net Debt 5.33b / FCF TTM 722.5m)
Total Stockholder Equity = 1.55b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.94% (Net Income 701.9m / Total Assets 18.1b)
RoE = 45.29% (Net Income TTM 701.9m / Total Stockholder Equity 1.55b)
RoCE = 35.06% (EBIT 1.09b / Capital Employed (Equity 1.55b + L.T.Debt 1.56b))
RoIC = 11.02% (NOPAT 894.9m / Invested Capital 8.12b)
WACC = 6.09% (E(3.72b)/V(10.5b) * Re(9.60%) + D(6.79b)/V(10.5b) * Rd(5.08%) * (1-Tc(0.18)))
Discount Rate = 9.60% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 9.20 | Cagr: -0.30%
[DCF] Terminal Value 73.10% ; FCFF base≈881.5m ; Y1≈773.1m ; Y5≈624.6m
[DCF] Fair Price = 9.24 (EV 10.0b - Net Debt 5.33b = Equity 4.69b / Shares 507.4m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 12.90 | EPS CAGR: 5.71% | SUE: -1.46 | # QB: -1
Revenue Correlation: 94.20 | Revenue CAGR: 7.67% | SUE: -0.10 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.25 | Chg30d=-9.10% | Revisions=-20% | Analysts=2
EPS current Year (2026-09-30): EPS=1.07 | Chg30d=-7.27% | Revisions=-69% | GrowthEPS=-20.3% | GrowthRev=-1.4%
EPS next Year (2027-09-30): EPS=1.41 | Chg30d=-1.63% | Revisions=-69% | GrowthEPS=+32.4% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: -69%