Fair value $17.73 (Cline IM) which is +28% higher. 2 Year value $19.70 which is +43.8% higher.
WEB is an online travel agency operating in Australia and NZ. Its business consists of a B2C division comprising the Webjet, Online Republic brands and WebBeds a B2B division comprising the Lots of Hotels and Sunhotels brands and FIT Ruums.
As well as having a number of increasingly popular brands and benefiting from the continued shift to online travel booking, I believe the hard work the company is doing behind the scenes with its Rezchain and Rezpayments technologies will be a big boost to its future earnings growth. Both technologies are expected to be an integral component in its move from an “8/5/3” structure to an “8/4/4” structure. This refers to its target of 8% revenue/TTV, 4% costs/TTV, and 4% EBITDA/TTV.
WEB Price at posting:
$13.69 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)