CORPORATE TRAVEL MANAGEMENT LIMITED (CTD)
Share Price Analysis and Chart

Enter the company code or Name for stock analysis:

CTD - CORPORATE TRAVEL MANAGEMENT LIMITED

FNArena Sector : Travel, Leisure & Tourism
Year End: June
GICS Industry Group : Consumer Services
Debt/EBITDA: 0.24
Index: ASX200 | ASX300 | ALL-ORDS

Corporate Travel is an Australian provider of travel solutions to the corporate market. Founded in 1994, the company listed on the ASX in 2010.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$18.77

06 Dec
2023

0.440

OPEN

$18.33

2.40%

HIGH

$18.94

353,318

LOW

$18.33

TARGET
$22.849 21.7% upside
Franking for last dividend paid out: 0%
OTHER COMPANIES IN THE SAME SECTOR
AIA . AIZ . ALG . CHL . EVT . EXP . FLT . HLO . KLS . QAN . SDR . SKO . SST . THL . VGL . VVA . WEB .
FNARENA'S MARKET CONSENSUS FORECASTS
CTD: 1
Title FY22
Actual		 FY23
Actual		 FY24
Forecast		 FY25
Forecast
EPS (cps) xxx 53.1 105.9 xxx
DPS (cps) xxx 28.0 49.6 xxx
EPS Growth xxx 100.0% 99.6% xxx
DPS Growth xxx 100.0% 77.3% xxx
PE Ratio xxx N/A 17.5 xxx
Dividend Yield xxx N/A 2.7% xxx
Div Pay Ratio(%) xxx 52.8% 46.8% xxx

Dividend yield today if purchased 3 years ago: 1.45%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

 1.51

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: 05/09 - ex-div 22c (franking 0%)

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2023 FactSet UK Limited. All rights reserved
Title 201820192020202120222023
EPS Basic xxxxxxxxxxxxxxx53.1
DPS All xxxxxxxxxxxxxxx28.0
Sales/Revenue xxxxxxxxxxxxxxx650.4 M
Book Value Per Share xxxxxxxxxxxxxxx801.4
Net Operating Cash Flow xxxxxxxxxxxxxxx80.3 M
Net Profit Margin xxxxxxxxxxxxxxx11.93 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201820192020202120222023
Return on Capital Employed xxxxxxxxxxxxxxx6.92 %
Return on Invested Capital xxxxxxxxxxxxxxx6.73 %
Return on Assets xxxxxxxxxxxxxxx4.69 %
Return on Equity xxxxxxxxxxxxxxx6.92 %
Return on Total Capital xxxxxxxxxxxxxxx8.75 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx59.9 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 201820192020202120222023
Short-Term Debt xxxxxxxxxxxxxxx10 M
Long Term Debt xxxxxxxxxxxxxxx28 M
Total Debt xxxxxxxxxxxxxxx38 M
Goodwill - Gross xxxxxxxxxxxxxxx924 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx151 M
Price To Book Value xxxxxxxxxxxxxxx2.23

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201820192020202120222023
Capex xxxxxxxxxxxxxxx36.8 M
Capex % of Sales xxxxxxxxxxxxxxx5.66 %
Cost of Goods Sold xxxxxxxxxxxxxxx521 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx27 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx8 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

0.7

No. Of Recommendations

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

Bell Potter

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Citi

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Ord Minnett

20/10/2023

3

Hold

$18.19

-3.09%

Following 1Q results, Ord Minnett praises management for navigating a very challenging covid period by winning material new corporate travel accounts, along with the UK Home Office procurement contract.

While normalised earnings (EBITDA) rose by 157% for the quarter, the broker remains cautious due to slowing global growth and several structural headwinds. These include: sustainability impacts on business travel and a potential direct to corporate approach by airlines.

A large government and essential services client portfolio provides a partial offset, points out the analyst.

The target falls by -7% to $18.19 and the Hold rating is unchanged.

FORECAST
Ord Minnett forecasts a full year FY24 dividend of 41.00 cents and EPS of 94.30 cents.
Ord Minnett forecasts a full year FY25 dividend of 49.00 cents and EPS of 109.90 cents.

UBS

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Morgans

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

Macquarie

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial
Access Stockbroker Research History >

CTD STOCK CHART

FNArena News on CTD

1
Australian Broker Call *Extra* Edition – Oct 26, 2023

Oct 26 2023 - Daily Market Reports
2
In Brief: Housing, Mortgages, Travel & Telecoms 

Oct 20 2023 - Weekly Reports
3
Rudi’s View: CSL, ResMed, Domino’s Pizza, Helloworld, Iress and Liontown

Oct 11 2023 - Rudi's View
4
Rudi’s View: To Sell Or Not To Sell?

Oct 04 2023 - Rudi's View
5
ESG Focus: Strong Reporting Season For Circularity, Nature, Biodiversity and AI

Oct 02 2023 - ESG Focus

Latest Travel, Leisure & Tourism News

1
Stars Are Aligning For SiteMinder

Aug 02 2023 - Small Caps
2
Treasure Chest: Corporate Travel Management

Jun 20 2023 - Treasure Chest
3
Treasure Chest: The WebBed Opportunity For Webjet

Jun 07 2023 - Treasure Chest
4
Helloworld Turnaround Now Includes Europe

Mar 28 2023 - Small Caps
5
In Brief: Housing, Travel & Electric Cars

Feb 03 2023 - Weekly Reports
6
SiteMinder Front-Of-Mind For Brokers

Dec 14 2022 - Small Caps
7
Treasure Chest: Event Hospitality & Entertainment

Oct 25 2022 - Treasure Chest
8
Flying High at Corporate Travel Management

Aug 19 2022 - Small Caps
9
Event Hospitality And Entertainment: Geared To Reopening

Jun 07 2022 - Australia
10
Treasure Chest: Kelsian Group

Dec 03 2021 - Treasure Chest