20 minute delayed
Join Market Matters and get full access to all our Opinion + Action
Undervalued
Morningstar Quantitative Rating as of 26 OCT 2026.
Quantitative Equity Rating Methodology – view here
Five-star price 4.14 Fair value 5.16 One-star price 6.42
Morningstar Quantitative Rating as of 26 OCT 2026.
Morningstar Quantitative Rating as of 26 OCT 2026. The slider runs from the five-star price (4.14) to the one-star price (6.42).
| Ratios |
|---|
| Currency (Price/reporting): AUD/AUD |
| Exchange Rate: 1.0000 |
| Price - closing or last bid | 3.49 |
| Price - 12 month high | 5.04 |
| Price - 12 month low | 2.17 |
| Pricing date | 26 OCT 2026 |
| Volume - avg. trading volume for the last ten days | 1.44 |
| Market capitalization | 1,254.03 |
| 12 Month High price date | 22 DEC 2025 |
| 12 Month Low price date | 20 MAY 2026 |
| Volume - avg. trading volume for the last 3 months | 1.73 |
| Price - 1 Day % Change | 1.75% |
| Price - 13 week price percent change | 35.80% |
| Price - 26 week price percent change | 26.45% |
| Price - 5 Day % Change | -0.29% |
| Price - 52 week price percent change | -19.03% |
| Price - YTD price percent change | -26.99% |
| Price % Change Month To Date | 3.56% |
| EPS excluding extraordinary items - most recent fiscal year | 0.097 |
| EPS excluding extraordinary items - trailing 12 month | 0.097 |
| EPS Normalized - most recent fiscal year | 0.235 |
| Revenue/share - most recent fiscal year | 1.077 |
| Revenue/share - trailing 12 month | 1.077 |
| Book value per share - most recent fiscal year | 1.611 |
| Book value per share - most recent half-year | 1.611 |
| Book value (tangible) per share - most recent fiscal year | -0.289 |
| Book value (tangible) per share - most recent half-year | -0.289 |
| Cash per share - most recent fiscal year | 1.240 |
| Cash per share - most recent half-year | 1.240 |
| Cash Flow per share - most recent fiscal year | 0.362 |
| Cash Flow per share - trailing 12 month | 0.362 |
| Dividend per share - most recent fiscal year | — |
| Dividends per share - trailing 12 month | 0.000 |
| EBITD per share - trailing 12 month | 0.331 |
| EPS Basic excluding extraordinary items - most recent fiscal year | 0.098 |
| EPS Basic excluding extraordinary items - trailing 12 month | 0.098 |
| EPS including extraordinary items - most recent fiscal year | 0.098 |
| EPS including extraordinary items - trailing 12 month | 0.098 |
| Free Cash Flow per share - trailing 12 month | 0.260 |
| P/E excluding extraordinary items, most recent fiscal year | 35.98 |
| P/E Normalized, most recent fiscal year | 14.85 |
| Price to sales - most recent fiscal year | 3.24 |
| Price to Tangible Book - most fiscal year | — |
| Price to Free Cash Flow per Share - most recent fiscal year | 13.42 |
| Price to Cash Flow per share - trailing 12 month | 9.65 |
| Price to Book - most recent fiscal year | 2.17 |
| P/E excluding extraordinary items high, trailing 12 months | 523.36 |
| P/E excluding extraordinary items low, trailing 12 months | 24.23 |
| Net Debt, LFI | -268.30 |
| Net Debt, LFY | -214.40 |
| Dividend Yield - 5 Year Average | — |
| Dividend Yield - indicated annual dividend divided by closing price | — |
| Current Dividend Yield - Common Stock Primary Issue, LTM | 0.00% |
| Free Cash Flow - most recent fiscal year | 95.20 |
| LT debt/equity - most recent fiscal year | 0.67% |
| Payout ratio - most recent fiscal year | — |
| Total debt/total equity - most recent fiscal year | 43.90% |
| LT debt/equity - most recent half-year | 0.00% |
| Total debt/total equity - most recent half-year | 40.76% |
| Free Cash Flow - trailing 12 month | 95.20 |
| Payout ratio - trailing 12 month | — |
| Revenue - most recent fiscal year | 394.00 |
| Revenue - trailing 12 month | 394.00 |
| EBITD - most recent fiscal year | 121.20 |
| EBITD - trailing 12 month | 121.20 |
| Earnings before taxes - most recent fiscal year | 52.00 |
| Earnings before taxes - trailing 12 month | 52.00 |
| Net Income available to common - most recent fiscal year | 35.50 |
| Net Income available to common - trailing 12 months | 35.50 |
| Earnings before taxes Normalized - most recent fiscal year | 77.60 |
| Net Income Available to Common, Normalized - most recent fiscal year | 85.90 |
| Earnings per Share, Normalized, Excluding Extraordinary Items, Avg. Diluted Shares Outstanding, TTM | 0.24 |
| Net Profit Margin % - 1st historical fiscal year | 9.01% |
| Net Profit Margin % - trailing 12 month | 9.01% |
| Operating margin - 1st historical fiscal year | 24.52% |
| Operating margin - trailing 12 month | 24.52% |
| Pretax margin - trailing 12 month | 13.20% |
| Pretax margin - 1st historical fiscal year | 13.20% |
| Operating Margin - 5 year average | 8.76% |
| Pretax Margin - 5 year average | -6.24% |
| Free Operating Cash Flow/Revenue, 5 Year Average | 30.73% |
| Free Operating Cash Flow/Revenue, TTM | 24.16% |
| Net Profit Margin - 5 year average | -5.96% |
| Return on average assets - most recent fiscal year | 2.23% |
| Return on average assets - trailing 12 month | 2.23% |
| Return on average equity - most recent fiscal year | 6.05% |
| Return on average equity - trailing 12 month | 6.05% |
| Return on average assets - 5 year average | 0.83% |
| Return on average equity - 5 year average | 1.95% |
| Net Income/employee - most recent fiscal year | — |
| Revenue/employee - most recent fiscal year | — |
| Revenue growth rate, 5 year | — |
| EPS growth rate, 5 year | — |
| Growth rate% - dividend, 3 year | — |
| Revenue/share (5 yr growth) | — |
| Growth rate% - Revenue, 3 year | 2.65% |
| Growth rate% - EPS, 3 year | 36.67% |
| Book value per share growth rate, 5 year | -2.10% |
| Capital Spending growth rate, 5 year | — |
| Earnings Before Interest, Taxes, Depreciation & Amortization, 5 Year CAGR | — |
Financial forecast (AUD, millions except per share)
| Actuals | Estimates | |||||||
| 2026 | 2027 | 2028 | 2029 | |||||
| Estimate breakdown | ||||||||
Financials (AUD, millions)
| Period end: | MAR 22 | MAR 23 | MAR 24 | MAR 25 | MAR 26 |
| Fiscal year: | 2022 | 2023 | 2024 | 2025 | 2026 |
| Period length: | 12 months | 12 months | 12 months | 12 months | 12 months |
Announcements
| DATE | TIME | HEADING | PAGES |
| Price sensitive |
WEB enjoyed its strongest session in months yesterday after providing a more encouraging outlook for the first half of FY27. It was a welcome change following a very tough year or two, with the stock falling from above $8 in 2024 to as low as $2.30 earlier this month.
We are lifting our stops on WEB as the stock remains resilient in the face of adversity.
MM is now long WEB after earl weakness this year.
The last few months saw bargain hunters return to the ASX with WEB looking poised to enjoy a second leg higher, following its initial well-received result in November; we see good risk/reward at current levels if the stock can hold above the lows of the last few weeks.
WEB +13.48%: Reported 1H25 results that were inline with recent guidance though the announcement of a share buy-back and an earnings outlook for FY25 that was ahead of consensus saw the shares rally;
In August, we wrote a report on the travel and tourism names. At the time, we highlighted that US businesses Trip Advisor, Booking Holdings and Airbnb had reported a softening travel outlook; in hindsight, these warnings should have been listened to with the sector struggling over recent weeks.
B2B booking platform WEB plunged over 35% yesterday, and we looked at the move in yesterday's “The Match Out” report. The reduction in revenue margins in FY25/FY26 for the second time since initial guidance of 7-7.5% was provided in the Mar-24 strategy day creates uncertainty regarding future earnings.
WEB -35.56%: Hit hard today on weak guidance. The newly separated B2B travel company said revenue margins would be 6.4% for the half, down from ~7% guidance which results in lower sales and a bigger hit to earnings.
This week, Webjet, which housed a business-to-consumer platform (www.webjet.com.au) + a couple of other consumer brands, and a business-to-business platform (www.webbeds.com.au) parted ways. WEB shareholders received 1 new share in WJL while retaining a share in WEB, with the combined value worth roughly the same amount.
Online travel company WEB fell 5.6% on Thursday after it delivered a weaker-than-expected trading update at its AGM. The majority of the information offered at the AGM was already known to investors from its results published in May of this year. However, the devil is in the details, as they say, and in the case of WEB, it was how FY25 is tracking thus far:
MM is bullish WEB ~$3.30
MM is cautiously bullish towards WEB around $3
MM is long and bullish towards Webjet Travel Group Ltd (WEB)
MM is long and bullish towards Webjet Travel Group Ltd (WEB)
Trade Idea: Buy WEB Travel Group (WEB) at $4.75 limit, with stops at $4.40, ~7% risk.
MM is now cautiously bullish WEB ~$4.50
MM is cautiously bullish toward WEB
MM is now neutral towards WEB short-term
MM has turned neutral on WEB in the short term.
MM is bullish on WEB ~$7.00
Web Travel Group acts as an intermediary for hotel accommodation inventory across Europe, Asia-Pacific, the Middle East, and Africa, as well as the Americas. The company operates in the business-to-business, or B2B, space. The B2B business, WebBeds, sits between hotels and wholesale/retail travel service providers. WebBeds is presently the world's second-largest B2B accommodation booking provider despite only a 4% market share of the fragmented AUD 70 billion global B2B accommodation market.
Forgot password? Request a One Time Password or reset your password
One Time Password
Check your email for an email from [email protected]
Subject: Your OTP for Account Access
This email will have a code you can use as your One Time Password for instant access
A link to create a new password will be sent to the email address you have registered to your account.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
Our Smart Phone App will give you access to much of our content and notifications. Download for free today.
Hi, this is only available to members. Join today and access the latest views on the latest developments from a professional money manager.
JOIN NOW
Something went wrong. Please try again in a moment.
