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TCOM

NASDAQ
Strong · 85/100

Trip.com Group Ltd

Consumer Discretionary
Hotels, Restaurants & Leisure

$40.96

0.1%

Updated Today 12:11 PM ET

Report Card

TCOM at a glance — five pillars scored 0–100 from real filed financials.

Value
0
Growth
0
Profitability
0
Health
0
Dividends
0

Overall: Strong · 85/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.

Price — Past Year

▼ Down 30.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$27.36B

P/E

5.88x

Forward P/E (est.)

4.2x

ROE

19.3%

Revenue Growth

17.3%

EPS Growth

84.1%

Profit Margin

48.6%

FCF Yield

33.6%

Debt / Equity

0.18x

ROIC

5.0%

Interest Coverage

18.65x

Current Ratio

1.55x

Dividend Yield

Implied Growth (rev. DCF)

1.8%

Rating Score

85/100

Business Overview
Research

Trip.com Group Ltd (TCOM) is a large-cap company in the Hotels, Restaurants & Leisure industry, part of the Consumer Discretionary sector of the S&P 500, with a market value around $27.36B.

In its latest reported year it generated about $8.93B in revenue and $4.76B in net profit.

Our model rates TCOM Strong (85/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what TCOM's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. TCOM trades near $40.96, below its 50-day average ($48.21) and 200-day average ($60.48). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 33 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.

Volatility — ATR. Average True Range is the typical daily move. TCOM's is $1.91 (~4.7% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month TCOM found buyers near $38.04 (support) and sellers near $48.83 (resistance); its 52-week range is $38.04–$78.99. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Revenue Growth
Research

4Y CAGR

29.8%

4/4 checks passedRevenue growingRevenue growth beats sector midpointEPS growingEPS growing faster than revenue

Revenue moved from $464.65M in 2010 to $8.93B in 2025, a 52.5% compound annual growth rate. The most recent year grew a strong 17.3% year over year. Consistent top-line growth is one sign of healthy demand.

Profitability
Research
3/4 checks passedProfitableNet margin above sector midpointROE above 12%ROIC above 10%

Gross Margin

80.6%

Operating Margin

25.3%

Net Margin

53.4%

ROE

19.3%

Trip.com Group Ltd keeps about 48.6% of each sales dollar as net profit, with a 80.6% gross margin and 25.3% operating margin. Return on equity is 19.3% and return on invested capital about 5.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research
4/4 checks passedDebt under 1× equityDebt under 2× equityInterest covered 3×+Short-term bills covered

Total Debt

$8.70B

Net Debt

$3.00B

Net Debt / EBITDA

1.33x

Debt / Equity

0.18x

Leverage: debt-to-equity is 0.2x, and operating profit covers interest about 18.6x, with a current ratio of 1.6x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $8.70B of total debt against $5.70B of cash.

Cash Flow Analysis
Research
3/3 checks passedPositive free cash flowFCF yield above 2%Market expects achievable growth (<8%)

Operating CF

$2.06B

Free Cash Flow

$1.95B

FCF Margin

21.8%

In the latest year Trip.com Group Ltd produced about $2.06B of operating cash flow and $1.95B of free cash flow after capital spending. That is a free-cash-flow yield of about 33.6% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research
4/4 checks passedPositive earnings (P/E meaningful)P/E below sector's upper bandForward P/E below trailing (earnings growing)Trading below DCF fair value

P/E

5.88x

P/S

2.97x

P/B

1.91x

EV / EBITDA

TCOM trades at 5.9x trailing earnings (about 4.2x on estimated forward earnings), 3.0x sales, and 1.9x book value. Reverse-engineering today's price implies the market expects roughly 1.8% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.

DCF Fair Value (Educational)

A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.

DCF fair value / share

$107.46

Current price

$40.96

+162% · Below fair-value estimate

Starting FCF (latest 10-K)

$1.95B

Growth, years 1–5

17.3%

Fade to terminal, years 6–10

2.5%

Discount rate

9.0%

PV of 10-yr free cash flow$26.79B
PV of terminal value$43.02B
Estimated equity value$69.81B
Shares outstanding650M

Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
5.9xCheap
Forward P/E
4.2xCheap
P/S ratio
3.0xExpensive
Revenue growth
17.3%Strong
EPS growth
84.1%Strong
Gross margin
80.6%Strong
Net margin
48.6%Strong
ROE
19.3%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$0.00 $0.00

vs. $40.96 today · expected CAGR 13%24%

Metric20262027202820292030
Revenue$10.44B$12.22B$14.29B$16.72B$19.57B
Net income$5.22B$6.11B$7.15B$8.36B$9.78B
EPS$8.04$9.40$11.00$12.87$15.06
Share price (low)$40.19$47.02$55.01$64.37$75.31
Share price (high)$64.30$75.23$88.02$102.99$120.49
CAGR (low–high)-2% / 57%7% / 36%10% / 29%12% / 26%13% / 24%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for TCOM:

  • Revenue is growing 17.3% a year, a sign of real demand.
  • High net margins (48.6%) point to pricing power or efficiency.
  • Strong return on equity (19.3%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~33.6%) funds buybacks and dividends.
  • A conservative balance sheet (debt/equity 0.2x) lowers risk.
  • Our model's overall read is Strong (85/100).
Bear Case

The case against TCOM:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Trip.com Group Ltd is a large-cap consumer discretionary business still growing nicely, with solid profitability, and a sound balance sheet. It trades at 5.9x earnings, which our model scores Strong (85/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

TCOM — frequently asked questions

Is TCOM a good stock to buy?

We don't give buy or sell advice. Our model rates Trip.com Group Ltd Strong (85/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.

What is TCOM's rating on The Stocks School?

Trip.com Group Ltd currently scores 85/100 (Strong) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.

How our ratings work
Where does TCOM's data come from?

Live price data plus real fundamentals and 5-year financials pulled directly from Trip.com Group Ltd's SEC filings — refreshed automatically, not hand-entered.

How is the 5-year projection for TCOM calculated?

It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.

Is this TCOM analysis financial advice?

No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell TCOM. Always do your own research and consider a licensed professional.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.