AMS SM

Amadeus IT Holding SA

TMT


Presented:01/29/2014
Price:€30.22
Cap:$14.20B
Current Price:€66.42
Cap:$32.23B

Presented

Date01/29/2014
Price€30.22
Market Cap$14.20B
Ent Value$15.50B
P/E Ratio26.5x
Book Value€5.02
Div Yield2%
Shares O/S444.60M
Ave Daily Vol2,630,000
Short IntN/A

Current

Price€66.42
Market Cap$32.23B
Amadeus IT Holding, S.A. provides transaction processing power and technology solutions for the travel and tourism industry worldwide. It operates in two segments, Distribution and IT Solutions. The Distribution segment offers the reservations platform, a network that connects travel providers, such as full service and low-cost airlines, hotels, rail operators, cruise and ferry operators, car rental companies, tour operators, and insurance companies, with online and offline travel agencies, facilitating the distribution of travel products and services through a digital marketplace. This segment also provides technology solutions, such as desktop and e-commerce platforms, and mid- and back-office systems to its travel agency customers. The IT Solutions segment offers a portfolio of technology solutions that automate certain mission-critical business processes, such as reservations, inventory management, and other operational processes for travel providers mainly airlines, as well as provides direct distribution technologies. The company was formerly known as WAM Acquisition, S.A. Amadeus IT Holding, S.A. was founded in 1987 and is headquartered in Madrid, Spain.

Highlights

Amadeus (AMS) is one of three global distribution systems (GDS) providers in the world. The company is “by far” the technology leader in the industry, and has grown its market share to a dominant ~40% over the past few years. The presenter is long shares of AMS, and believes there is plenty of room for the company to grow over the next few years.

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