Latest news with #CorporateTravelManagement
Yahoo
a day ago
- Business
- Yahoo
Investors in Corporate Travel Management (ASX:CTD) have seen strong returns of 102% over the past five years
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Corporate Travel Management Limited (ASX:CTD) share price is up 88% in the last 5 years, clearly besting the market return of around 45% (ignoring dividends). However, more recent returns haven't been as impressive as that, with the stock returning just 21% in the last year, including dividends. So let's assess the underlying fundamentals over the last 5 years and see if they've moved in lock-step with shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. During the last half decade, Corporate Travel Management became profitable. That would generally be considered a positive, so we'd hope to see the share price to rise. You can see how EPS has changed over time in the image below (click on the chart to see the exact values). We like that insiders have been buying shares in the last twelve months. Even so, future earnings will be far more important to whether current shareholders make money. It might be well worthwhile taking a look at our free report on Corporate Travel Management's earnings, revenue and cash flow. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR is a return calculation that accounts for the value of cash dividends (assuming that any dividend received was reinvested) and the calculated value of any discounted capital raisings and spin-offs. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. In the case of Corporate Travel Management, it has a TSR of 102% for the last 5 years. That exceeds its share price return that we previously mentioned. And there's no prize for guessing that the dividend payments largely explain the divergence! A Different Perspective It's nice to see that Corporate Travel Management shareholders have received a total shareholder return of 21% over the last year. And that does include the dividend. That gain is better than the annual TSR over five years, which is 15%. Therefore it seems like sentiment around the company has been positive lately. Given the share price momentum remains strong, it might be worth taking a closer look at the stock, lest you miss an opportunity. I find it very interesting to look at share price over the long term as a proxy for business performance. But to truly gain insight, we need to consider other information, too. For instance, we've identified 1 warning sign for Corporate Travel Management that you should be aware of. There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Scottish Sun
4 days ago
- Business
- Scottish Sun
Eye-watering sum Scottish Government spent on empty rooms for refugees revealed
More than 28,000 people with a Scottish sponsor have arrived in the UK so far EMPTY ROOM BILL Eye-watering sum Scottish Government spent on empty rooms for refugees revealed THE Scottish Government has spent up to £75million on empty hotel rooms for Ukrainian refugees, we can reveal. Figures show £294million of taxpayers' cash has been used to reserve shelter for those fleeing Russia's invasion since 2022. Advertisement 1 Scottish Tory shadow housing minister Meghan Gallacher called the bill 'eye-watering' Credit: Alamy But between 10 and 25 per cent of rooms were unoccupied at any given time, suggesting £30million to £75million has been wasted. Scottish Tory shadow housing minister Meghan Gallacher called the bill 'eye-watering'. She added: 'Like thousands of Scots, vulnerable Ukrainians are being forced to live in temporary accommodation because of SNP ministers' failure to build enough homes. 'That's unfair on them and unfair on taxpayers.' Advertisement The Russian invasion of Ukraine in February 2022 has sparked a major humanitarian crisis. And more than 28,000 people with a Scottish sponsor have arrived in the UK so far. The administration refused to name the hotel companies over 'potential risks' if the information became 'public knowledge'. But the 'vast majority of this money' was paid to a firm called Corporate Travel Management which organises accommodation and contracts. Advertisement A whopping £144million was paid out 2022-23, more than £108million in 2023-24, and almost £40million in 2024-25. Equalities Minister Kaukab Stewart said: 'Providing support and sanctuary to people fleeing Russia's illegal war against Ukraine continues to be a priority.' The Sun tracks down Ukrainian mother and child pictured fleeing Putin's war on our front page A Government spokesman said: 'Welcome accommodation occupancy rates were inevitably subject to daily fluctuations as some individuals left while others entered accommodation.'
Yahoo
11-06-2025
- Business
- Yahoo
Has Corporate Travel Management Limited's (ASX:CTD) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Most readers would already be aware that Corporate Travel Management's (ASX:CTD) stock increased significantly by 19% over the past month. We wonder if and what role the company's financials play in that price change as a company's long-term fundamentals usually dictate market outcomes. Particularly, we will be paying attention to Corporate Travel Management's ROE today. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Put another way, it reveals the company's success at turning shareholder investments into profits. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The formula for ROE is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Corporate Travel Management is: 5.3% = AU$65m ÷ AU$1.2b (Based on the trailing twelve months to December 2024). The 'return' is the profit over the last twelve months. So, this means that for every A$1 of its shareholder's investments, the company generates a profit of A$0.05. Check out our latest analysis for Corporate Travel Management Thus far, we have learned that ROE measures how efficiently a company is generating its profits. Depending on how much of these profits the company reinvests or "retains", and how effectively it does so, we are then able to assess a company's earnings growth potential. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. When you first look at it, Corporate Travel Management's ROE doesn't look that attractive. A quick further study shows that the company's ROE doesn't compare favorably to the industry average of 8.0% either. However, we we're pleasantly surprised to see that Corporate Travel Management grew its net income at a significant rate of 41% in the last five years. So, there might be other aspects that are positively influencing the company's earnings growth. Such as - high earnings retention or an efficient management in place. We then performed a comparison between Corporate Travel Management's net income growth with the industry, which revealed that the company's growth is similar to the average industry growth of 41% in the same 5-year period. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for CTD? You can find out in our latest intrinsic value infographic research report. Corporate Travel Management's significant three-year median payout ratio of 52% (where it is retaining only 48% of its income) suggests that the company has been able to achieve a high growth in earnings despite returning most of its income to shareholders. Besides, Corporate Travel Management has been paying dividends for at least ten years or more. This shows that the company is committed to sharing profits with its shareholders. Based on the latest analysts' estimates, we found that the company's future payout ratio over the next three years is expected to hold steady at 43%. However, Corporate Travel Management's ROE is predicted to rise to 10% despite there being no anticipated change in its payout ratio. On the whole, we do feel that Corporate Travel Management has some positive attributes. Namely, its high earnings growth. We do however feel that the earnings growth number could have been even higher, had the company been reinvesting more of its earnings and paid out less dividends. With that said, the latest industry analyst forecasts reveal that the company's earnings growth is expected to slow down. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
News.com.au
13-05-2025
- Business
- News.com.au
ASX rallies to 11-week high on a temporary tariff pause
A trade deal between the US and China led to a rally on the ASX, with energy and information technology stocks leading the way. The benchmark ASX 200 index gained 35.50 points or 0.43 per cent to 8,269, with six of the 11 sectors finishing in the green. The broader All Ordinaries also jumped 43.70 points or 0.52 per cent to 8,510.70. The Australian dollar jumped 0.71 per cent and is now buying 64.16 US cents. Australia's sharemarket jumped after US President Donald Trump announced the White House was cutting tariffs to 30 per cent and China's tariffs will be reduced to 10 per cent for the next 90 days. Businesses directly linked to the US or China were among the major winners during Tuesday's trading. Payment providers Block shares soared 5.86 per cent to 84.90 while Zip also jumped 8.77 per cent to $198, on the back of the trade pause which is predicted to boost US consumer activity. Corporate Travel Management, which previously flagged pressures on its US business also soared 9.94 per cent to $13.27 as did fellow travel business Flight Centre also finished higher up 5.21 per cent to $13.74. Kitchen appliance maker Breville Group initially soared following the trade announcement before settling up 7.76 per cent to $32.77 on trade boost. The major miners also jumped, with BHP finishing up 2.11 per cent to $39.21, climbing 2.13 per cent to $119.85 and Fortescue Metals leading the way up 2.66 per cent to $16.60. Capital. Com senior financial market analyst Kyle Rodda said the Australian market followed a strong bounce in US markets. 'There was some strength in energy and tech stocks matching the rally we saw on Nasdaq overnight and overall a much more buoyant market sentiment,' he said. 'There was some confidence in the outlook that although there might be a hit to global growth, perhaps it will be little more than a short, shallow downturn and investors can look beyond that and go back into equities.' Mr Rodda said the market was jumping on cyclicals which could be the winners from the trade announcements. 'Energy is a really clear example just because of how much oil prices moved and how much downside there was for oil if tariffs remained in place and global trade slowed considerably,' he said. The 'risk on' market rally had an impact on some of the more defensive parts of the market with consumer staples, telcos and utilities underperforming. The two major supermarket chains were among the most heavily sold off with Woolworths shedding 3.7 per cent to $31.56 and Coles slumping 3.4 per cent to $21.52. It was also a mixed day for Australia's big four banks, with the index overall underperforming, although still closed in the green, rising 0.1 per cent. On a positive note, Westpac gained 1.8 per cent to $31.64 and ANZ added 0.5 per cent to $28.51 while CBA dipped 0.6 per cent to $166.14 and NAB fell 0.2 per cent to $35.61. Pharmaceutical stocks also rebounded from a steep sell-off in recent weeks, on the back of Mr Trump signing an executive order to slash the price of prescription drugs in the US. This is thought to have an impact on prices other countries will pay for their medicines including Australia. Clarity Pharmaceuticals soared 15.3 per cent to $2.57, while Telix Pharmaceuticals were up 3.64 per cent to $25.36.
Yahoo
08-05-2025
- Business
- Yahoo
Corporate Travel Management Limited's (ASX:CTD) latest 11% decline adds to one-year losses, institutional investors may consider drastic measures
Key Insights Institutions' substantial holdings in Corporate Travel Management implies that they have significant influence over the company's share price The top 7 shareholders own 53% of the company Insider ownership in Corporate Travel Management is 13% We've discovered 1 warning sign about Corporate Travel Management. View them for free. If you want to know who really controls Corporate Travel Management Limited (ASX:CTD), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 51% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). As a result, institutional investors endured the highest losses last week after market cap fell by AU$204m. This set of investors may especially be concerned about the current loss, which adds to a one-year loss of 27% for shareholders. Institutions or "liquidity providers" control large sums of money and therefore, these types of investors usually have a lot of influence over stock price movements. As a result, if the decline continues, institutional investors may be pressured to sell Corporate Travel Management which might hurt individual investors. Let's delve deeper into each type of owner of Corporate Travel Management, beginning with the chart below. View our latest analysis for Corporate Travel Management ASX:CTD Ownership Breakdown May 8th 2025 What Does The Institutional Ownership Tell Us About Corporate Travel Management? Institutions typically measure themselves against a benchmark when reporting to their own investors, so they often become more enthusiastic about a stock once it's included in a major index. We would expect most companies to have some institutions on the register, especially if they are growing. As you can see, institutional investors have a fair amount of stake in Corporate Travel Management. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Corporate Travel Management, (below). Of course, keep in mind that there are other factors to consider, too. ASX:CTD Earnings and Revenue Growth May 8th 2025 Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in Corporate Travel Management. Bennelong Funds Management Group Pty Ltd is currently the largest shareholder, with 12% of shares outstanding. For context, the second largest shareholder holds about 12% of the shares outstanding, followed by an ownership of 7.7% by the third-largest shareholder. Jamie Pherous, who is the second-largest shareholder, also happens to hold the title of Chief Executive Officer.
