SABRE CORPORATION |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.8 USD | +1.45% |
|
+12.90% | -36.36% |
| Apr. 25 | National Travel Selects Sabre Distribution Network to Help Better Serve Federal Government Agencies | CI |
| Apr. 24 | Transcript : Sabre Corporation - Shareholder/Analyst Call |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 6,146 | 3,814 | 2,778 | 2,029 | 1,670 | 1,063 | - | - |
| Enterprise Value (EV) 1 | 9,053 | 6,980 | 6,553 | 2,029 | 5,834 | 5,287 | 5,158 | 4,921 |
| P/E ratio | 39.4 x | -2.72 x | -2.9 x | -4.41 x | -2.82 x | -5.7 x | 48.2 x | 15.4 x |
| Yield | 2.5% | 1.16% | - | - | - | 0.6% | 0.6% | 0.89% |
| Capitalization / Revenue | 1.55 x | 2.86 x | 1.65 x | 0.8 x | 0.57 x | 0.35 x | 0.33 x | 0.32 x |
| EV / Revenue | 2.28 x | 5.23 x | 3.88 x | 0.8 x | 2.01 x | 1.74 x | 1.59 x | 1.47 x |
| EV / EBITDA | 9.57 x | -18.7 x | -25.1 x | 31.1 x | 17.3 x | 10.1 x | 7.3 x | 6.52 x |
| EV / FCF | 19.4 x | -8.35 x | -14 x | - | -187 x | 108 x | 20.6 x | 14.4 x |
| FCF Yield | 5.15% | -12% | -7.16% | - | -0.53% | 0.93% | 4.86% | 6.96% |
| Price to Book | 6.48 x | 10.7 x | -5.46 x | - | -1.2 x | -0.79 x | -0.92 x | -1.18 x |
| Nbr of stocks (in thousands) | 273,886 | 317,269 | 323,437 | 328,361 | 379,481 | 379,494 | - | - |
| Reference price 2 | 22.44 | 12.02 | 8.590 | 6.180 | 4.400 | 2.800 | 2.800 | 2.800 |
| Announcement Date | 2/26/20 | 2/16/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 3,975 | 1,334 | 1,689 | 2,537 | 2,908 | 3,037 | 3,247 | 3,353 |
| EBITDA 1 | 946.4 | -372.9 | -261.3 | 65.34 | 337.1 | 521.6 | 706.9 | 755 |
| EBIT 1 | 513.4 | -745.3 | -459.3 | -68.04 | 228.7 | 422.9 | 610.9 | 646.7 |
| Operating Margin | 12.92% | -55.86% | -27.2% | -2.68% | 7.87% | 13.92% | 18.81% | 19.29% |
| Earnings before Tax (EBT) 1 | 199.6 | -1,314 | -938.4 | -423.4 | -493.5 | -163.6 | 65.41 | 334 |
| Net income 1 | 158.6 | -1,280 | -950.1 | -456.8 | -541.9 | -181.6 | 58.11 | 115.2 |
| Net margin | 3.99% | -95.98% | -56.25% | -18.01% | -18.64% | -5.98% | 1.79% | 3.44% |
| EPS 2 | 0.5700 | -4.420 | -2.960 | -1.400 | -1.560 | -0.4910 | 0.0581 | 0.1818 |
| Free Cash Flow 1 | 466.1 | -835.7 | -469 | - | -31.18 | 48.92 | 250.6 | 342.2 |
| FCF margin | 11.73% | -62.64% | -27.77% | - | -1.07% | 1.61% | 7.72% | 10.21% |
| FCF Conversion (EBITDA) | 49.25% | - | - | - | - | 9.38% | 35.44% | 45.33% |
| FCF Conversion (Net income) | 293.9% | - | - | - | - | - | 431.16% | 296.99% |
| Dividend per Share 2 | 0.5600 | 0.1400 | - | - | - | 0.0167 | 0.0167 | 0.0250 |
| Announcement Date | 2/26/20 | 2/16/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 Q2 | 2022 Q3 | 2022 Q4 | 2023 Q1 | 2023 Q2 | 2023 Q3 | 2023 Q4 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 441.1 | 500.6 | 584.9 | 657.5 | 663.4 | 631.2 | 742.7 | 737.5 | 740.5 | 687.1 | 753.6 | 756.2 | 765.4 | 731.6 | 826.4 |
| EBITDA 1 | -54.93 | -26.39 | 5.15 | 24.46 | 34.25 | 1.47 | 58.06 | 73.05 | 110.2 | 95.87 | 116.2 | 119.6 | 145.9 | 138.2 | 170.9 |
| EBIT 1 | -102.6 | -68.42 | -29.16 | -9.312 | 0.716 | -30.29 | 27.68 | 46.1 | 83.68 | 71.26 | 91.75 | 96 | 122.7 | 114.4 | 146.3 |
| Operating Margin | -23.27% | -13.67% | -4.98% | -1.42% | 0.11% | -4.8% | 3.73% | 6.25% | 11.3% | 10.37% | 12.17% | 12.69% | 16.03% | 15.63% | 17.7% |
| Earnings before Tax (EBT) 1 | -241.3 | -193.9 | 46.95 | -180.8 | -141.1 | -148.4 | -97.17 | -118.1 | -199.3 | -78.94 | -57 | -52.1 | -25.6 | -34.1 | 1.5 |
| Net income 1 | -240.6 | -192 | 42.06 | -192.7 | -140.7 | -165.4 | -104.3 | -129.3 | -211.8 | -96.46 | -60.15 | -56.75 | -35.25 | -43.75 | -20.8 |
| Net margin | -54.56% | -38.36% | 7.19% | -29.31% | -21.21% | -26.21% | -14.04% | -17.53% | -28.61% | -14.04% | -7.98% | -7.5% | -4.61% | -5.98% | -2.52% |
| EPS 2 | -0.7500 | -0.6000 | 0.1200 | -0.5900 | -0.4300 | -0.5000 | -0.3200 | -0.3900 | -0.6100 | -0.2600 | -0.1600 | -0.1500 | -0.0900 | -0.1150 | -0.0500 |
| Dividend per Share | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Announcement Date | 11/2/21 | 2/15/22 | 5/3/22 | 8/2/22 | 11/2/22 | 2/15/23 | 5/4/23 | 8/3/23 | 11/2/23 | 2/15/24 | - | - | - | - | - |
1USD in Million2USD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 2,907 | 3,166 | 3,775 | - | 4,164 | 4,224 | 4,095 | 3,858 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 3.072 x | -8.492 x | -14.45 x | - | 12.35 x | 8.099 x | 5.793 x | 5.11 x |
| Free Cash Flow 1 | 466 | -836 | -469 | - | -31.2 | 48.9 | 251 | 342 |
| ROE (net income / shareholders' equity) | 29.1% | -142% | 615% | - | - | - | - | - |
| ROA (Net income/ Total Assets) | 4.86% | -15.7% | -12.5% | - | -11.2% | -3.4% | 1.1% | 2.3% |
| Assets 1 | 3,265 | 8,168 | 7,613 | - | 4,818 | 5,341 | 5,283 | 5,010 |
| Book Value Per Share 2 | 3.460 | 1.120 | -1.570 | - | -3.660 | -3.560 | -3.030 | -2.370 |
| Cash Flow per Share 2 | 2.100 | -2.660 | -1.290 | - | 0.1600 | 0.3900 | 1.030 | 1.260 |
| Capex 1 | 115 | 65.4 | 54.3 | - | 87.4 | 97 | 100 | 105 |
| Capex / Sales | 2.9% | 4.9% | 3.22% | - | 3.01% | 3.19% | 3.09% | 3.12% |
| Announcement Date | 2/26/20 | 2/16/21 | 2/15/22 | 2/15/23 | 2/15/24 | - | - | - |
1USD in Million2USD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
C+
Sell
Buy
Mean consensus
OUTPERFORM
Number of Analysts
8
Last Close Price
2.8
USD
Average target price
4.312
USD
Spread / Average Target
+54.02%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -36.36% | 1.06B | |
| +11.17% | 322B | |
| +24.75% | 216B | |
| +2.41% | 149B | |
| +10.65% | 56.27B | |
| +8.71% | 32.13B | |
| -4.57% | 27.45B | |
| +103.03% | 22.62B | |
| +20.22% | 19.55B | |
| +0.04% | 14.61B |
- Stock Market
- Equities
- SABR Stock
- Financials Sabre Corporation
