Obermatt

Booking Holdings

NSQ:BKNG · US09857L1089
Hotels, Restaurants & LeisureLarge

360

97
EV / EBIT68
Price / Owner Earnings39
Owner Earnings Yield82
Dividend Yield87
Price/Sales17
EV / Gross Profit60
Price/Book100
Returns on capital100
EBIT Margin93
Gross Profitability100
Cash Conversion34
Accruals95
Owner Earnings Margin88
Sales growth46
Profit Growth94
Long-Term EPS Growth72
Owner Earnings Growth75
Reinvestment73
Price momentum40
Debt load2
Refinancing24
Debt Payback75
Liquidity66
Analyst ratings71
Opinion Changes50
Price Target Upside74
Market mood85
Value Creation13/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Booking Holdings clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Based on 3/5 components.

Profile

CountryUSA
IndustryHotels, Restaurants & Leisure
SizeLarge
TypePublic Company
ExchangeNASDAQGS
Founded1998
Employees2,968
ISINUS09857L1089
Last UpdateApr 2, 2026
Themes
Online PaymentsTourismTravel AccommodationsVacation RentalInternetReservationsTravel

Description

Booking Holdings Inc. provides online travel reservation services. The company offers its services through five primary consumer-facing brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable, which allow consumers to: book a broad array of acco…

Analysis

Quality compounder

Booking Holdings Inc. is a quality compounder: a well-run business trading at a price that reflects what it is worth.

The price is fair. You pay 19.6× its owner earnings: the cash an owner could take out each year, which is in the historically fair zone. At today's price, the market is assuming roughly 6% yearly growth; analysts expect 16%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is sturdy. The company scores 13/20 on our value-creation score: creating some value.

What to watch: Some accounting patterns deserve a closer look. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
78
2023202420252026

All-time high

98

Nov 2025

All-time low

13

Jan 2023

Average rank

79

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
17
19
21
30
Price/Earnings
37
44
71
52
Price/Book
100
94
100
12
Dividend Yield
87
93
92
1
Value (overall)
74
87
90
72

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →