Flight Centre Travel Group Limited (FLT) - Research

$41.430 0.17 (0.41%)

FLT General Information +

ASX Code FLT
Website http://www.flightcentre.com.au
GICS Sub-Industry Hotels, Resorts & Cruise Lines
Market Cap ($M) 4,188
Current Price $41.430
Day High $42.500
Day Low $41.100
Last Close $41.260
Price Movement $0.17 ( 0.41% )
Prices as at 16:40, 18 Jun 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

Recommendation


Flight Centre Travel Group Limited (FLT)
BUY
below
HOLD
up to
SELL
above
Current Price
$41.430 as at 16:40, 18 Jun 2019

Price at review
$41.430 on 23 May 19

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Business Risk

Share Price Risk

FLT Related Research

FLT Company Overview

Business Description

Flight Centre Travel Group Limited (FLT, formerly Flight Centre Limited) is engaged in travel agency business. The Company provides a complete travel service for leisure and business travellers in Australia, New Zealand, the United States, Canada, the United Kingdom, Africa, Middle East, Asia, New Zealand, and Europe. FLT consists of more than 30 brands with four categories of brands which are Leisure, Corporate, Wholesale and other. The flagship brand is Flight Centre leisure brand.

FLT Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2020 F 299.18 296.00 17.70% 14.00 175.00 4.22% 100.0%
2019 F 254.18 251.48 -10.20% 16.47 167.00 4.03% 100.0%
2018 A 284.18 280.21 20.90% 18.03 167.00 3.31% 100.0%

FLT Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2018 A 2019 F 2020 F 2018 A 2019 F 2020 F 2018 A 2019 F 2020 F
Corporate Travel Management (CTD) $2,463M 0.3337 0.2476 0.2255 31.5015 25.2503 20.6045 1.59% 1.88% 2.29%
Flight Centre Travel Group (FLT) $4,172M 0.1191 -0.0296 0.1221 15.9121 16.3977 14.6131 4.05% 5.78% 4.21%
Sealink Travel Group (SLK) $372M -0.0519 0.1966 0.0848 16.4722 13.7659 12.6902 3.95% 4.50% 5.04%

FLT Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.73 16.40 2.70 3.78
Market 0.88 17.10 1.49 1.65
Sector 0.93 16.40 1.82 1.01

FLT Directors

Name Position Start Date
Mr Graham Francis Turner Chief Executive Officer, Managing Director 17 Nov 1987
Ms Colette Mary Garnsey Non-Executive Director 7 Feb 2018
Mr Robert (Richard) Anthony Baker Non-Executive Director 20 Sep 2013
Mr John A Eales Non-Executive Director 13 Sep 2012
Mr Gary Warwick Smith Non-Executive Director, Non-Executive Chairman 2 Nov 2007

FLT Management

Name Position
Adam Campbell Chief Financial Officer
Melanie Waters-Ryan Chief Operating Officer
David C Smith Company Secretary
Chris Galanty Executive general manager - EMEA
Dean Smith Executive general manager - The Americas

FLT Substantial Shareholders

Holding Name
15,200,000 (15%) Gainsdale Pty Ltd
14,470,851 (14.30%) Gehar Pty Ltd
12,989,750 (12.90%) James Management Services Pty Ltd
7,338,400 (7.30%) Bennelong Australian Equity Partners Ltd

FLT Calendar of Events

Date Event
20 February 2020 Report (Interim)
22 August 2019 Report (Annual)
22 August 2019 Report (Prelim)

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