Flight Competitors

FGETF Stock

USD 13.51 0.00 0.00%

Flight Centre Travel competes with Booking Holdings, TripAdvisor, AirbnbInc, Royal Caribbean, and Norwegian Cruise; as well as few others. The company classifies itself under Consumer Cyclical sector and is part of Travel Services industry. Analyzing Flight Centre competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Flight Centre to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Flight Centre Correlation with its peers.

You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Flight Centre competition on your existing holdings.

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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Flight Centre's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.

Hype

Prediction

Low	Estimated	High
13.06	13.51	13.96

Details

Intrinsic

Valuation

Low	Real	High
13.18	13.63	14.08

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as Flight Centre. Your research has to be compared to or analyzed against Flight Centre's peers to derive any actionable benefits. When done correctly, Flight Centre's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Flight Centre Travel.

Flight Centre Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Flight Centre and its competitors represents the degree of relationship between the price movements of corresponding pink sheets. A correlation of about +1.0 implies that the price of Flight and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Flight Centre Travel does not affect the price movement of the other competitor.

	BKNG	TRIP	ABNB	RCL	NCLH	EXPE
BKNG		-0.03	-0.09	-0.24	-0.33	0.17	BKNG
TRIP	-0.03		0.84	0.41	0.53	-0.74	TRIP
ABNB	-0.09	0.84		0.61	0.75	-0.62	ABNB
RCL	-0.24	0.41	0.61		0.8	-0.25	RCL
NCLH	-0.33	0.53	0.75	0.8		-0.26	NCLH
EXPE	0.17	-0.74	-0.62	-0.25	-0.26		EXPE
	BKNG	TRIP	ABNB	RCL	NCLH	EXPE

Click cells to compare fundamentals

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High positive correlations

ABNB	+ 0.84	TRIP
NCLH	+ 0.8	RCL
NCLH	+ 0.75	ABNB
RCL	+ 0.61	ABNB
NCLH	+ 0.53	TRIP
RCL	+ 0.41	TRIP

High negative correlations

EXPE	- 0.74	TRIP
EXPE	- 0.62	ABNB
NCLH	- 0.33	BKNG
EXPE	- 0.26	NCLH
EXPE	- 0.25	RCL
RCL	- 0.24	BKNG

Risk-Adjusted Indicators

There is a big difference between Flight Pink Sheet performing well and Flight Centre Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Flight Centre's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

	Mean Deviation	Jensen Alpha	Sortino Ratio	Treynor Ratio	Semi Deviation	Expected Shortfall	Potential Upside	Value @Risk	Maximum Drawdown
BKNG	1.20	(0.11)	0.00	(0.01)	0.00	0.00	2.27	(2.92)	14.45
TRIP	1.55	0.33	0.18	0.75	1.36	(1.90)	3.80	(2.20)	18.53
ABNB	1.68	0.07	0.07	0.12	1.74	(1.84)	4.03	(3.28)	10.06
RCL	1.40	(0.02)	0.00	0.06	1.81	(1.37)	3.08	(3.31)	11.21
NCLH	1.98	(0.02)	0.02	0.07	2.53	(2.06)	3.69	(4.62)	27.86
EXPE	1.40	(0.24)	0.00	(0.16)	0.00	0.00	2.51	(2.23)	21.08

Flight Centre Competitive Analysis

The better you understand Flight Centre competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Flight Centre's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Flight Centre's competition over several years is one of the best ways to analyze its investment potential.

Better Than Average

Worse Than Peers

View Performance Chart

	FGETF	BKNG	TRIP	ABNB	RCL	NCLH	EXPE
	0.00 13.51 Flight	2.05 3,534 Booking	2.19 26.12 TripAdvisor	2.77 160.95 AirbnbInc	3.55 136.67 Royal	5.39 19.54 Norwegian	2.61 135.02 Expedia
Market Volatility (90 Days Market Risk)	Very steady	Very steady	Very steady	Very steady	Very steady	Not too volatile	Very steady
Market Performance (90 Days Performance)	Very Weak	Very Weak	OK	Modest	Insignificant	Insignificant	Very Weak
Odds of Financial Distress (Probability Of Bankruptcy)	Below Average	Very Low	Low	Very Small	Below Average	Below Average	Below Average
Current Valuation (Equity Enterprise Value)	Fairly Valued	Fairly Valued	Over Valued	Over Valued	Over Valued	Under Valued	Fairly Valued
Buy or Sell Advice (Average Analysts Consensus)	Not Available	Strong Buy	Buy	Buy	Strong Buy	Buy	Buy
Trade Advice (90 Days Macroaxis Advice)	Cautious Hold	Strong Hold	Strong Buy	Strong Hold	Hold	Hold	Strong Hold
Current Ratio	1.30 X	1.45 X	2.04 X	1.86 X	0.29 X	0.46 X	0.83 X
Net Asset	3.73 B	24.34 B	2.54 B	20.68 B	35.13 B	19.49 B	21.64 B
Profit Margin	(0.28) %	0.20 %	0.01 %	0.48 %	0.12 %	0.02 %	0.06 %
EBITDA	(194.03 M)	6.5 B	238 M	2.23 B	4.34 B	250.22 M	2.27 B
Operating Margin	(0.38) %	0.15 %	0.09 %	(0.22) %	0.17 %	0.06 %	0.08 %
Current Valuation	2.07 B	120.65 B	3.37 B	92.13 B	54.97 B	22.22 B	21.57 B
Price To Book	3.76 X	34.36 X	4.23 X	12.45 X	6.94 X	25.15 X	11.59 X
Retained Earnings	923 M	31.83 B	271 M	(3.42 B)	(10 M)	(6.9 B)	(632 M)
Current Asset	2.26 B	5.24 B	865 M	N/A	837.02 M	340.41 M	2.98 B
Five Year Return	N/A	N/A	N/A	N/A	2.52 %	N/A	0.96 %
Beta	1.58	1.4	1.56	1.25	2.53	2.61	1.86
Number Of Employees	10.26 K	23.36 K	2.85 K	6.91 K	98.1 K	41 K	17.1 K
Shares Outstanding	212.55 M	34.17 M	125.1 M	441.99 M	257.35 M	425.66 M	130.76 M
Cash Flow From Operations	(101.37 M)	7.34 B	235 M	3.88 B	4.48 B	2.01 B	2.69 B
Annual Yield	N/A	0.01 %	N/A	N/A	N/A	N/A	N/A
Total Debt	1.01 B	15 B	912 M	2.3 B	22.13 B	14.73 B	6.57 B
Return On Equity	-0.33	2.26	0.0116	0.7	0.44	0.9	0.21
Z Score	1.2	N/A	N/A	N/A	N/A	N/A	N/A
Return On Asset	-0.0685	0.15	0.0362	0.0517	0.0525	0.0306	0.0424
Book Value Per Share	3.88 X	(79.77) X	6.33 X	12.80 X	18.42 X	0.71 X	11.19 X
Number Of Shares Shorted	N/A	744.72 K	5.94 M	18 M	15.36 M	38 M	5.09 M
Current Liabilities	1.57 B	1.99 B	312 M	N/A	4.29 B	2.37 B	5.93 B
Total Asset	3.73 B	24.34 B	2.54 B	20.68 B	35.13 B	19.49 B	21.64 B
Debt To Equity	1.73 %	2.45 %	1.18 %	0.43 %	7.47 %	N/A	1.76 %
Short Ratio	N/A	2.48 X	2.65 X	3.91 X	6.35 X	3.36 X	2.50 X
Target Price	N/A	3960.76	27.71	148.88	149.11	20.49	162.63
Shares Owned By Institutions	29.92 %	97.29 %	87.00 %	76.36 %	80.98 %	70.24 %	97.12 %
Market Capitalization	2.69 B	118.33 B	3.52 B	99.5 B	33.97 B	7.89 B	17.93 B
Price To Earning	2.66 X	N/A	34.65 X	40.03 X	65.20 X	12.65 X	34.18 X
Price To Earnings To Growth	N/A	1.01 X	0.16 X	10.04 X	0.59 X	0.38 X	0.41 X
Price To Sales	2.03 X	5.65 X	2.06 X	10.25 X	2.36 X	0.88 X	1.38 X
Net Income	(286.65 M)	4.29 B	10 M	4.79 B	1.7 B	166.18 M	797 M
Earnings Per Share	(1.39) X	117.29 X	0.07 X	7.24 X	6.31 X	0.39 X	5.30 X
Shares Owned By Insiders	20.23 %	0.10 %	16.01 %	3.00 %	7.95 %	0.75 %	0.59 %
Revenue	1.01 B	21.36 B	1.79 B	9.92 B	13.9 B	8.55 B	12.84 B
Working Capital	696 M	3.7 B	725 M	6.56 B	(7.61 B)	(4.73 B)	(2.55 B)
Cash And Equivalents	866.15 M	11.87 B	1.04 B	9.63 B	1.94 B	1.19 B	4.64 B
Cash Per Share	4.34 X	298.85 X	7.47 X	15.20 X	6.14 X	2.82 X	29.71 X
Gross Profit	112.32 M	14.62 B	1.38 B	6.9 B	2.38 B	576.67 M	10.01 B
Day Typical Price	13.51	3516.37	25.96	159.6	135.55	19.27	134.15
Accumulation Distribution	N/A	3371.2	31486.09	94682.79	98796.34	504865.0	33374.04
Market Facilitation Index	N/A	5.0E-4	N/A	0.0	0.0	N/A	0.0
Daily Balance Of Power	0.0	0.9023	0.875	0.9775	0.9123	1.041667	1.078616
Period Momentum Indicator	N/A	70.99	0.56	4.34	4.68	1.0	3.43
Rate Of Daily Change	1.0	1.02	1.02	1.03	1.04	1.05	1.03
Day Median Price	13.51	3507.56	25.88	158.92	134.99	19.13	133.72
Price Action Indicator	N/A	61.92	0.52	4.2	4.02	0.91	3.02
Coefficient Of Variation	(1,047)	(30,726)	668.25	942.47	1969.03	2415.36	(1,737)
Mean Deviation	0.1048	1.2	1.55	1.68	1.4	1.98	1.4
Jensen Alpha	(0.05)	(0.11)	0.3335	0.0727	(0.02)	(0.02)	(0.24)
Total Risk Alpha	(0.11)	(0.26)	0.0436	(0.06)	(0.16)	(0.30)	(0.50)
Sortino Ratio	N/A	N/A	0.1843	0.0702	0.004	0.0186	N/A
Downside Variance	N/A	N/A	2.54	3.7	3.74	7.44	N/A
Standard Deviation	0.4412	1.91	2.56	2.11	1.91	3.38	2.62
Kurtosis	60.69	11.65	12.8	0.2998	1.72	17.6	31.84
Potential Upside	N/A	2.27	3.8	4.03	3.08	3.69	2.51
Treynor Ratio	(1.60)	(0.01)	0.7528	0.1199	0.0618	0.0675	(0.16)
Maximum Drawdown	4.22	14.45	18.53	10.06	11.21	27.86	21.08
Variance	0.1946	3.64	6.54	4.47	3.64	11.41	6.86
Market Risk Adjusted Performance	(1.59)	(0)	0.7628	0.1299	0.0718	0.0775	(0.15)
Risk Adjusted Performance	(0.06)	0.0048	0.0997	0.0724	0.038	0.0337	(0.03)
Skewness	(7.56)	(2.20)	2.76	0.3683	0.3585	2.79	(4.73)
Semi Deviation	N/A	N/A	1.36	1.74	1.81	2.53	N/A
Information Ratio	(0.30)	(0.05)	0.1148	0.0639	0.004	0.015	(0.09)
Value At Risk	N/A	(2.92)	(2.20)	(3.28)	(3.31)	(4.62)	(2.23)
Expected Short fall	N/A	N/A	(1.90)	(1.84)	(1.37)	(2.06)	N/A
Downside Deviation	N/A	N/A	1.59	1.92	1.93	2.73	N/A
Semi Variance	N/A	N/A	1.85	3.04	3.27	6.42	N/A

Flight Centre Competition Performance Charts

Five steps to successful analysis of Flight Centre Competition

Flight Centre's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Flight Centre Travel in relation to its competition. Flight Centre's competition analysis typically involves several steps, including:

Identifying the key players in the market: This involves identifying the major competitors of Flight Centre in the market, both direct and indirect, as well as new entrants and disruptive technologies.
Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Flight Centre's competitive landscape.
Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Flight Centre Travel, and developing a strategy to address them.
Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.

Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Flight Centre position

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You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Large & Mid Caps ETFs Theme or any other thematic opportunities.

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When running Flight Centre's price analysis, check to measure Flight Centre's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flight Centre is operating at the current time. Most of Flight Centre's value examination focuses on studying past and present price action to predict the probability of Flight Centre's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Flight Centre's price. Additionally, you may evaluate how the addition of Flight Centre to your portfolios can decrease your overall portfolio volatility.

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Please note, there is a significant difference between Flight Centre's value and its price as these two are different measures arrived at by different means. Investors typically determine if Flight Centre is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flight Centre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Flight Competitors

Specify up to 10 symbols:

Flight Centre Competition Correlation Matrix

Risk-Adjusted Indicators

Flight Centre Competitive Analysis

Flight Centre Competition Performance Charts

Five steps to successful analysis of Flight Centre Competition

Complement your Flight Centre position

Did You Try This Idea?

Run Large & Mid Caps ETFs Thematic Idea Now

Large & Mid Caps ETFs

Complementary Tools for Flight Pink Sheet analysis

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