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TUI AG
XETRA:TUI1

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TUI AG
XETRA:TUI1
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Price: 6.352 EUR 3.08%
Market Cap: €3.2B

EV/FCFF

4.4
Current
19%
Cheaper
vs 3-y average of 5.4

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
4.4
=
Enterprise Value
€6.5B
/
Free Cash Flow to Firm
€1.3B

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
4.4
=
Enterprise Value
€6.5B
/
Free Cash Flow to Firm
€1.3B

Valuation Scenarios

TUI AG is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (5.4), the stock would be worth €7.85 (24% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-17%
Maximum Upside
+306%
Average Upside
78%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 4.4 €6.35
0%
3-Year Average 5.4 €7.85
+24%
5-Year Average 4.3 €6.34
0%
Industry Average 3.6 €5.3
-17%
Country Average 17.7 €25.81
+306%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
DE
TUI AG
XETRA:TUI1
3.2B EUR 4.4 4.7
CN
H World Group Ltd
BMV:HTHTN
2.7T MXN 137.7 206.7
US
Booking Holdings Inc
NASDAQ:BKNG
131.3B USD 14.5 21.3
US
Marriott International Inc
NASDAQ:MAR
96.2B USD 42 37
US
Airbnb Inc
NASDAQ:ABNB
85.8B USD 15.7 34.2
US
Hilton Worldwide Holdings Inc
NYSE:HLT
74.7B USD 44.3 51.3
US
Royal Caribbean Cruises Ltd
NYSE:RCL
71.3B USD 71.8 16.7
US
Carnival Corp
NYSE:CCL
36.7B USD 19.8 11.9
US
Viking Holdings Ltd
NYSE:VIK
36.5B USD 0 0
CN
Trip.com Group Ltd
HKEX:9961
273.1B HKD 9.1 7.2
UK
Carnival PLC
LSE:CCL
25.8B GBP 21.2 12.2

Market Distribution

Lower than 95% of companies in Germany
Percentile
5th
Based on 1 970 companies
5th percentile
4.4
Low
0.1 — 11.9
Typical Range
11.9 — 29.2
High
29.2 —
Distribution Statistics
Germany
Min 0.1
30th Percentile 11.9
Median 17.7
70th Percentile 29.2
Max 2 317.8

TUI AG
Glance View

TUI AG, a titan of global tourism, began as a small German mining company in the 1920s, evolving over decades into a travel juggernaut that dominates the European holiday market today. This transformation was pivotal under the leadership of industry visionaries, strategically acquiring travel agencies, tour operators, and hotels to construct a vertically integrated empire. With its headquarters nestled in Hanover, Germany, TUI AG orchestrates an intricate ballet of services that seamlessly intertwine to offer travelers an all-encompassing vacation experience. The company operates a highly diversified business model, covering every aspect of the travel industry, including tour operations, hotel accommodations, airlines, and cruise ships. Such an extensive range ensures that TUI taps into various revenue streams, safeguarding against market volatility and seasonal dips that typically challenge the tourism sector. The lifeblood of TUI's revenue stems from its ability to control both supply and demand. Owning over 400 hotels, engaging with a fleet of several airlines, and managing cruise ships gives TUI a significant edge in cost management and quality control, allowing it to offer competitive pricing while maintaining high service standards. The company also capitalizes on exclusive partnerships and proprietary destination content, which secures a loyal customer base and encourages repeat business. Moreover, TUI's digital transformation initiatives enhance its operational efficiency and customer engagement, creating tailored travel experiences. By embracing technology, TUI not only refines its logistics and service offerings but also opens new avenues for revenue through dynamic packaging and personalized customer interaction, hence solidifying its stronghold in the global travel industry.

TUI1 Intrinsic Value
26.18 EUR
Undervaluation 76%
Intrinsic Value
Price €6.352
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