# Trip.com Group Limited American (TCOM) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Consumer Cyclical / Hotels, Restaurants & Leisure. Price $41.03, market value $25.8 billion.

## Valuation
- **P/E (trailing): 6.1×**. Trip.com Group Limited American trades at 6.1× trailing earnings. The Consumer Cyclical median in the September 2026 study was 19.5×. Forward P/E is 9.7×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 0.4×**. Each dollar of revenue is priced at 0.4×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.1×**. The shares trade at 1.1× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 0.6×**. Enterprise value is 0.6× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 7.5%** (5-yr avg 5.0%). Free cash flow equals 7.5% of the market value, above its five-year average of 5.0%, so the shares are cheaper on cash than they have usually been. Above 5% is generally attractive.
- **Earnings yield: 16.4%**. The inverse of the P/E: 16.4% of the price is earned each year.

## Profitability
- **Gross margin: 80.3%**. Trip.com Group Limited American keeps 80.3% of revenue after the direct cost of what it sells, the kind of margin that comes with software, brands or pricing power.
- **Operating margin: 27.0%**. 27.0% of revenue is left after running the business, an exceptional level.
- **Net margin: 53.4%**. 53.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 19.5%**. 19.5% on shareholders' equity is solid.
- **Return on invested capital: 63.7%**. Return on all capital, debt included, is 63.7%: comfortably above what that capital costs.
- **Return on assets: 82.4%**. Each dollar of assets produces 82.4% of profit.

## Growth
- **Revenue growth (1 yr): 22.2%** (3-yr 45.3%/yr, 5-yr 26.0%/yr). Revenue grew 22.2% over the last year, against 26.0% a year compounded over five years.
- **Free-cash-flow growth (3 yr): 84.8%/yr**. Free cash flow has compounded at 84.8% a year over three years.

## Financial health
- **Debt to equity: 0.18**. Debt is 0.18 times equity: a conservative balance sheet.
- **Net debt / EBITDA: net cash**. Trip.com Group Limited American holds more cash than debt.
- **Interest coverage: 25.8×**. Operating profit covers interest 25.8× over, a safe margin.
- **Altman Z-score: 2.47**. A Z-score of 2.47 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 0.57%** ($0.30 per share, trailing). Trip.com Group Limited American yields 0.57%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 4%** (10% of free cash flow). 4% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 1**. 1 straight year of increases.

## Analyst view
- **Analyst consensus: buy** (29 analysts). 29 analysts cover Trip.com Group Limited American; the consensus is buy, with an average price target of $59.98 (+46% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -43.8%** (YTD -42.9%, 3-mo -14.0%). The shares are down 43.8% over twelve months including dividends.
- **From 52-week high: -48.1%** (7.9% above the low). Trading 48% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 29**. An RSI of 29 is oversold; bounces are common, but oversold can stay oversold in a real decline.
- **Beta (1 yr): 0.67** (volatility 35%). Beta of 0.67 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=TCOM · Page: https://foliofundamentals.com/stocks/tcom

Not investment advice.