FLT share price in focus
Founded in Sydney in 1982, Flight Centre is a global travel agency with operations across more than 80 countries, operating under various brand names.
The company serves both the retail and corporate sectors, offering a range of services including tour operations, travel experiences, and hotel management.
Flight Centre differentiates itself by providing a personal touch that many online travel agencies can’t match. Their consultants manage all aspects of travel planning and are often able to secure exclusive deals for customers, fostering loyalty and repeat business.
CAR shares
Since the 1990s, CAR Group has been an operator of online marketplaces specialising in cars, motorcycles, and other vehicles.
As a marketplace provider, CAR Group aims to streamline the buying and selling process while providing added security and convenience for both parties. The combination of technology and advertising solutions gives both sellers and buyers peace of mind when making a big purchase.
The company has steadily grown over the last few years and now has global reach including in Australia (carsales), South Korea (Encar), the US (Trader Interactive) and Chile (chileautos).
FLT & CAR share price valuation
As a growth company, some of the trends we might investigate from FLT include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, FLT has grown revenue at a rate of 89.8% per year to reach $2,708m in FY24. Over the same stretch of time, net profit has increased from -$433m to $140m. As for ROE, FLT last reported a ROE of 11.9%.
Over the last 3 years, CAR has increased revenue at a rate of 37.0% per year to hit $1,099m in FY24. Meanwhile, net profit has increased from $131m to $250m. As for ROE, CAR’s last reported figure was 8.6%.
Please keep in mind that context is important. These metrics give us some indication of company performance, but it’s just the start of valuing FLT or CAR shares. To learn more about valuation, check out one of our free online investing courses.
