Trip.com Group Limited (TCOM) is a publicly traded company in the Consumer Cyclical — Travel Services industry listed on NASDAQ. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Trip.com Group Limited stands as a leading global travel service provider, operating extensively both within China and across international markets. Through its various subsidiaries, the company offers a comprehensive spectrum of travel-related solutions. As a booking intermediary, it facilitates hotel accommodations and air ticket purchases, complementing these with access to train, long-distance bus, and ferry tickets.
Is Trip.com Group Limited stock overvalued or undervalued in 2026?
Trip.com Group Limited (TCOM) trades at 7.3× earnings (P/E), against a median of 17.9× across the 209 consumer cyclicals companies above $2bn in Kaplio's universe. Note: earnings per share over the last twelve months ($5.43) are far from the consensus for 2027 ($4.07); that is why this range uses expected earnings. No valuation verdict: its twelve-month earnings are above what analysts expect, so today's P/E looks lower than it will be.
Kaplio overview: Trip.com Group Limited
Market cap $26B · 52 weeks $38 – $79 (50 % below the high) · P/E 7.3× · 2027 expected P/E 9.7× · Dividend none · Next earnings November 16, 2026 · expected EPS $1.18 · Closing price, Oct 30 · accounts published Sep 15.
- Valuation: P/E 7.3× (no verdict).
- Business: 5-year ROIC 3.5 % (weak).
- Balance sheet: Net cash/EBITDA 0.4× (solid).
- Earnings: 5 of 8 (uneven).
What would it be worth at its usual multiples?
No valuation verdict: its twelve-month earnings are above what analysts expect, so today's P/E looks lower than it will be.
Note: earnings per share over the last twelve months ($5.43) are far from the consensus for 2027 ($4.07); that is why this range uses expected earnings.
What matters in consumer cyclicals: 4 of 6 pass
- 5y avg ROIC 3.5 %, fails.
- Current Ratio 1.33, fails.
- P/E read in reverse (cyclicals) 7.3×, info.
- 5y avg operating margin 14.1 %, passes.
- Net debt / EBITDA −0.4×, passes.
- Altman Z-Score 2.7, passes.
- EV/Sales vs history 5.2×, passes.
Against its peers (reference peers) — Trip.com Group Limited: P/E 7.3×; EV/EBITDA 4.8×; ROIC 4.4 %; $25.7B. Expedia Group, Inc. (P/E 17.8×; EV/EBITDA 8.1×; ROIC 25.9 %; $32.7B), Airbnb, Inc. (P/E 37.5×; EV/EBITDA 31.2×; ROIC 20.7 %; $98.4B), Booking Holdings Inc. (P/E 16.4×; EV/EBITDA 10.6×; ROIC 71.2 %; $111B).
Expensive or cheap against its last 9 years?
P/E at each close: today 7.3× · median 19.2× · minimum 5.4× · maximum 79.9× · cheap below 13.3× · expensive above 49.1×. Earnings over the last 12 months are distorted: today's P/E compared with its history is not representative.
Dividend
tight (only raised recently) · Yield 0.00 % ($0.33 per ADS in 2025) · paying since 2025 · Free cash flow coverage 9.5×.
Investor methods verdict
Would Peter Lynch approve Trip.com today?
The Lynch Method would wait for a better price for Trip.com. Business quality: 100 out of 100 (price not included). Lynch classifies it as a fast grower. Kaplio assessment with data from the week of 2026-10-26; not investment advice.
Profitability
| Return on Equity | 14.59% |
| Return on Invested Capital | 4.42% |
| Return on Assets | 9.34% |
| Gross Margin | 80.05% |
| Operating Margin | 16.12% |
| Net Margin | 36.95% |
Financial Health
| Debt / Equity | 0.17 |
| Current Ratio | 1.33 |
| Piotroski F-Score | 6 |
| Altman Z-Score | 2.70 |
Price Performance
| 1 month | +2.14% |
| 3 months | -15.78% |
| Year-to-date | -44.95% |
| 1 year | -43.96% |
| 3 years | +18.07% |
| 5 years | +34.57% |
| 10 years | -6.50% |
Dividend History
| Date | Amount |
|---|---|
| 2025-03-17 | $0.3000 |
| 2008-06-10 | $0.0305 |
| 2007-06-27 | $0.0346 |
| 2006-06-28 | $0.0319 |
| 2005-06-28 | $0.0187 |
Amounts adjusted for stock splits.
Related companies: BKNG · ABNB · EXPE · MMYT
Explore sector: Consumer Cyclical · Travel Services
More sections of TCOM: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
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