BKNG
BKNG — Consumer Cyclical
Graham: 12
Buffett: 60
Lynch: 67
Booking Holdings Inc., together with its subsidiaries, provides online and traditional travel and restaurant reservations and related services in the United States, the Netherlands, and internationally. The company operates Booking.com, which offers online accommodation reservations; and Priceline, which provides...
Price ?
6699.40
Market Cap ?
169.5B
P/E ?
36.50
P/B ?
-25.47
Div Yield ?
0.56%
52W Range ?
4096.23 - 5839.41
200W MA ?
3393.2
12
Graham-style buying rate (0-100)
Criteria breakdown
- ✓ Company size sufficient (large-cap) ? $169,522,806,784 — Uses market cap >= $2B as proxy
- ✗ Solid financial condition (CR>=2; LT debt <= NCAV) ? CR=1.25 | D/E=? — Partial: checks current ratio; LT debt vs NCAV unavailable
- ✗ Uninterrupted dividends for 20 years ?
- ✗ No losses in last 10 years ? Last 3y — Met for last 3y; need 10y to evaluate
- ✓ EPS growth >= 33% over 10 years ? ~1627%
- ✗ Price-to-Book (P/B) <= 1.5 ? -25.47
- ✗ Price-to-Earnings (P/E) <= 15 ? 36.5 — Uses trailing P/E as proxy for 3y avg EPS
- ✗ Combined formula (P/E * P/B) <= 22.5 ? — Needs positive P/E and P/B
- ✗ Margin of safety >= 20% ? -159% — Intrinsic = EPS * 15
- ? High ROE maintained without excessive debt ? — Approximate threshold ROE = 15%, D/E = 1.0
What is evaluated (Graham):
- Valuation discipline and buying below intrinsic value.
- Financial resilience: liquidity and prudent leverage.
- Consistent dividends and earnings over long horizons.
"The intelligent investor is a realist who sells to optimists and buys from pessimists." — Benjamin Graham
60
Buffett-style buying rate (0-100)
Criteria breakdown
- ✓ Positive and growing FCF (multi-year) ? 7,689,000,000 -> 8,752,000,000
- ✓ ROIC >= 12% sustained ? 34.9%
- ? High ROE (proxy for durable advantages) ? — Consistency over years not checked
- ✓ Net profit margin >= 10% ? 19.2% — Derived from available financial filings
- ? Conservative leverage (D/E <= 1.0) ? — No D/E data
- ✓ Sustainable shareholder returns (dividend > 0%) ? 0.56% — Does not assess buybacks or payout safety
What is evaluated (Buffett):
- Durable advantages: high ROE, healthy margins.
- Balance discipline and shareholder friendly capital use.
- Positive free cash flow and efficient reinvestment.
"It is far better to buy a wonderful company at a fair price than a fair company at a wonderful price." — Warren Buffett
67
Lynch-style buying rate (0-100)
Criteria breakdown
- ✓ PEG ratio (P/E / growth) <= 1.0 ? 0.16
- ✓ Positive multi-year EPS growth (per-year >= 10%) ? ~230.9%/yr
- ? Conservative leverage (D/E <= 0.5) ? — No D/E data
- ✓ Sustainable profitability (net margin >= 5%) ? 19.2%
- ? Earnings stability (no losses in 10y) ? — No history
What is evaluated (Lynch):
- Growth at a reasonable price (PEG and EPS CAGR).
- Durable earnings with limited drawdowns.
- Conservative balance sheet and baseline profitability.
"Know what you own, and know why you own it." — Peter Lynch