CTRP

Ctrip.com International Ltd.

TMT


Presented:07/29/2013
Price:$23.12
Cap:$6.00B
Current Price:$58.02
Cap:$37.37B

Presented

Date07/29/2013
Price$23.12
Market Cap$6.00B
Ent Value$5.31B
P/E Ratio62.73x
Book Value$5.00
Div YieldN/A
Shares O/S259.54M
Ave Daily Vol4,600,000
Short Int8.13%

Current

Price$58.02
Market Cap$37.37B
Ctrip.com International, Ltd., together with its subsidiaries, provides travel service for hotel accommodations, airline tickets, packaged tours, and corporate travel management in the People’s Republic of China. It also offers independent leisure travelers bundled packaged-tour products, including group tours, semi-group tours, and private tours or packaged tours with various transportation arrangements, such as cruise, bus, or self-driving. In addition, the company provides integrated transportation and accommodation services; various value-added services consisting of car rental, insurance, Visa services, tour guides, transportation at destinations, and tickets; and supplier management and customer relationship management services. Further, it offers Internet-related advertising, aviation casualty insurance, and air-ticket delivery services; and sells Property Management System, a hotel information software, as well as provides related maintenance services. Ctrip.com International, Ltd. was founded in 1999 and is headquartered in Shanghai, the People’s Republic of China.
Please note, this stock split on 12/02/2015 at a ratio of 2/1. The presented data has been updated to account for the change, however, the text of the note may refer to data based on the original presented price of $46.25.​

Highlights

Ctrip (CTRP) has been a great stock over the past year, and the presenter expects the company to continue to execute. He sees upside potential for shareholders from current levels, as just 10% of bookings in China are completed online vs. ~40% in the US. Overall, 5% of online hotel bookings in China run through CTRP, making it the largest OTA in the country; however, there is a substantial runway and opportunity for the company to grow.

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Idea Discussion

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