WEB TRAVEL GROUP LIMITED (WEB)
Share Price Analysis and Chart

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WEB

WEB - WEB TRAVEL GROUP LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: March
GICS Industry Group : Retailing
Debt/EBITDA: 1.28
Index: ASX200 | ASX300 | ALL-ORDS

The former Webjet has separated its online travel agency and operates now under the new name of Web Travel Group. Established in 1998, it listed on the ASX in 2000 through a reverse takeover of Roper River Resources.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.61

24 Mar
2025

0.060

OPEN

$4.52

1.32%

HIGH

$4.64

1,510,450

LOW

$4.51

TARGET
$5.539 20.1% upside
Franking for last dividend paid out: 100%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . CEH . CHL . CTD . EVT . EXP . FLT . HLO . KLS . QAN . SDR . SKO . SST . THL . VGL . VRL . VVA . WJL .
FNARENA'S MARKET CONSENSUS FORECASTS
WEB: 1
Title FY23
Actual		 FY24
Actual		 FY25
Forecast		 FY26
Forecast
EPS (cps) xxx 18.9 20.2 xxx
DPS (cps) xxx 0.0 0.0 xxx
EPS Growth xxx 100.0% 6.8% xxx
DPS Growth xxx N/A N/A xxx
PE Ratio xxx N/A 23.3 xxx
Dividend Yield xxx N/A 0.0% xxx
Div Pay Ratio(%) xxx N/A N/A xxx

Dividend yield today if purchased 3 years ago: 0.00%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 0.00

Estimated Dividend Growth
(Average Of Past Three Years)

  %

Amount Invested

 $ 

Tell Me The Dividend After This Many Years
Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 25/03 - ex-div 9c (franking 100%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2025 FactSet UK Limited. All rights reserved
Title 201820192021202220232024
EPS Basic xxxxxxxxxxxxxxx18.9
DPS All xxxxxxxxxxxxxxx0.0
Sales/Revenue xxxxxxxxxxxxxxx471.3 M
Book Value Per Share xxxxxxxxxxxxxxx245.9
Net Operating Cash Flow xxxxxxxxxxxxxxx183.9 M
Net Profit Margin xxxxxxxxxxxxxxx15.43 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx8.19 %
Return on Invested Capital xxxxxxxxxxxxxxx6.47 %
Return on Assets xxxxxxxxxxxxxxx4.29 %
Return on Equity xxxxxxxxxxxxxxx8.19 %
Return on Total Capital xxxxxxxxxxxxxxx12.60 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx179.4 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201820192021202220232024
Short-Term Debt xxxxxxxxxxxxxxx4 M
Long Term Debt xxxxxxxxxxxxxxx236 M
Total Debt xxxxxxxxxxxxxxx240 M
Goodwill - Gross xxxxxxxxxxxxxxx541 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx630 M
Price To Book Value xxxxxxxxxxxxxxx3.59

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192021202220232024
Capex xxxxxxxxxxxxxxx41.4 M
Capex % of Sales xxxxxxxxxxxxxxx8.78 %
Cost of Goods Sold xxxxxxxxxxxxxxx284 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx45 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx0 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.3

No. Of Recommendations

7
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Citi

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Shaw and Partners

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgans

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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Macquarie

28/11/2024

3

Neutral

$4.83

4.77%

Web Travel Group's underlying earnings of $70m was an 11% beat to Macquarie's expectations. Lower-than-anticipated corporate
costs supported the result, with WebBeds beating expectations by 5%.

Web Travel's first half revenue margin of 6.6% was down -150bps year on year due to weak European summer trading, higher than expected overrides and a mix-shift to lower-margin regions.

Management expects the revenue margin to stabilise at a structurally lower level of 6.5% medium term. Longer term, Macquarie expects WEB Travel will successfully grow total transaction value but remains cautious on its ability to drive operating leverage as it scales.

Target rises to $4.83 from $4.48, Neutral retained.

FORECAST
Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of 20.30 cents.
Macquarie forecasts a full year FY26 dividend of 0.00 cents and EPS of 28.40 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Morgan Stanley

xx/xx/xxxx

5

xxxxxxxxxxx

$xx.xx

xx.xx%

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Ord Minnett

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Stockbroker Research History >
EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

4

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Wilsons

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

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Canaccord Genuity

xx/xx/xxxx

1

xxxxxxxxxx xx xxxxxxxx xxxx xxx

$xx.xx

xx.xx%

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Jarden

02/12/2024

2

Overweight

$5.60

21.48%

Jarden lowers its target price for Web Travel to $5.60 from $7.10, reflecting revised guidance and lower assumptions for revenue margins and terminal year earnings (EBITDA).

The broker notes the group continues to win market share, with the $10bn FY30 total transaction value (TTV) target unchanged.

The 1H FY25 performance highlights challenges, according to the analysts, with lower revenue margins stemming from a shift in customer and regional mix alongside higher costs.

Jarden observes ongoing issues in stabilising revenue margins, with management’s medium-term target reduced to 6.5% from over 7%. It's felt cost control and operational leverage remain essential for a potential re-rating.

Management has reiterated a $150m buyback by the end of 2026. Jarden retains an Overweight rating, citing the group’s market share growth and positive outlook.

FORECAST
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of 16.50 cents.
Jarden forecasts a full year FY26 dividend of 9.00 cents and EPS of 25.30 cents.

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Access Extra Coverage Research History >

WEB STOCK CHART

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Feb 17 2025 - Daily Market Reports
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Latest Travel, Leisure & Tourism News

1
Corporate Travel Eyes Strong Growth Rebound

Mar 07 2025 - Small Caps
2
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Mar 06 2025 - Small Caps
3
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8
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9
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Apr 15 2024 - Australia
10
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