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Corporate Travel Management ASX:CTD Stock Report

Corporate Travel Management Limited

ASX:CTD Stock Report

Market Cap: AU$1.9b

CTD Stock Overview

A travel management solutions company, manages the procurement and delivery of travel services.

About the company

Trading at 45.3% below our estimate of its fair value

Earnings are forecast to grow 12.61% per year

Earnings grew by 301.5% over the past year

Trading at good value compared to peers and industry

Analysts in good agreement that stock price will rise by 34.2%

Risk Analysis

Unstable dividend track record

Corporate Travel Management Limited Competitors

Flight Centre Travel Group

Helloworld Travel

Eumundi Group

Price History & Performance

Recent news & updates, at au$14.99, is corporate travel management limited (asx:ctd) worth looking at closely.

New minor risk - Dividend sustainability

Corporate travel management announces management changes, effective 1 september 2024, investors interested in corporate travel management limited's (asx:ctd) earnings.

An Intrinsic Calculation For Corporate Travel Management Limited (ASX:CTD) Suggests It's 25% Undervalued

Corporate Travel Management Limited Announces Laura Ruffles Steps Down as Executive Director and CEO ANZ, Asia and Europe

Recent updates, md & executive director recently bought au$1.4m worth of stock, first half dividend increased to au$0.17, first half 2024 earnings released: eps: au$0.34 (vs au$0.11 in 1h 2023), consensus eps estimates fall by 17%, corporate travel management limited, annual general meeting, oct 31, 2024, price target decreased by 7.3% to au$20.41, investor sentiment deteriorates as stock falls 19%, corporate travel management limited announces global chief financial officer changes, now 21% undervalued, corporate travel management limited to report first half, 2024 results on feb 21, 2024, corporate travel management limited (asx:ctd) not lagging industry on growth or pricing.

Calculating The Intrinsic Value Of Corporate Travel Management Limited (ASX:CTD)

At AU$18.06, Is It Time To Put Corporate Travel Management Limited (ASX:CTD) On Your Watch List?

Now 21% undervalued after recent price drop

Should you be adding corporate travel management (asx:ctd) to your watchlist today.

Corporate Travel Management Limited (ASX:CTD) announces an Equity Buyback for 6,000,000 shares, representing 4.1% for AUD 100 million.

Corporate travel management limited's (asx:ctd) ceo will probably find it hard to see a huge raise this year.

Upcoming dividend of AU$0.22 per share at 1.5% yield

Corporate travel management limited declares ordinary unfranked dividend for the six months ended june 30, 2023, payable on october 5, 2023, full year 2023 earnings: eps and revenues miss analyst expectations, now 20% undervalued after recent price drop, corporate travel management limited announces cfo changes, corporate travel management limited announces senior management changes, is it too late to consider buying corporate travel management limited (asx:ctd).

Does This Valuation Of Corporate Travel Management Limited (ASX:CTD) Imply Investors Are Overpaying?

Global COO & Executive Director recently sold AU$1.3m worth of stock

Should you think about buying corporate travel management limited (asx:ctd) now.

Upcoming dividend of AU$0.06 per share at 0.7% yield

Corporate travel management's (asx:ctd) promising earnings may rest on soft foundations.

Price target decreased by 7.8% to AU$20.69

First half 2023 earnings: revenues exceed analysts expectations while eps lags behind, corporate travel management limited to report fiscal year 2023 results on aug 23, 2023, now 23% undervalued after recent price drop, corporate travel management limited to report first half, 2023 results on feb 15, 2023, calculating the fair value of corporate travel management limited (asx:ctd).

What Does Corporate Travel Management Limited's (ASX:CTD) Share Price Indicate?

Independent Non-Executive Director recently bought AU$181k worth of stock

Corporate travel management limited announces appointment of marissa peterson as director, an intrinsic calculation for corporate travel management limited (asx:ctd) suggests it's 40% undervalued.

Corporate Travel Management Announces Marissa Peterson Will Join the Board as A Non-Executive Director, Effective from 25 October 2022

Upcoming dividend of au$0.05 per share, full year 2022 earnings: eps and revenues miss analyst expectations, corporate travel management limited provides earnings guidance for the fiscal year 2024, corporate travel management limited (asx:ctd) completed the acquisition of corporate and entertainment travel businesses in australia and new zealand of helloworld travel., corporate travel management limited (asx:ctd) shares could be 38% below their intrinsic value estimate.

First half 2022 earnings: EPS exceeds analyst expectations

Corporate travel management limited, annual general meeting, oct 26, 2022, corporate travel management limited to report first half, 2022 results on feb 16, 2022, corporate travel management limited (asx:ctd) entered into an agreement to acquire corporate and entertainment travel businesses in australia and new zealand of helloworld travel for aud 175 million., a look at the fair value of corporate travel management limited (asx:ctd).

Global Chief Legal Officer & Company Secretary Anne Tucker has left the company

Price target increased to au$22.59, global coo & executive director exercised options and sold au$760k worth of stock, md & executive director recently sold au$39m worth of stock, full year 2021 earnings released: au$0.42 loss per share (vs au$0.075 loss in fy 2020), global coo & executive director recently sold au$1.0m worth of stock, have insiders sold corporate travel management limited (asx:ctd) shares recently.

MD & Executive Director recently sold AU$32m worth of stock

New 90-day high: au$21.00, what does the future hold for corporate travel management limited (asx:ctd) these analysts have been cutting their estimates.

First half 2021 earnings released: AU$0.30 loss per share (vs AU$0.30 profit in 1H 2020)

Revenue and earnings beat expectations, corporate travel management limited announces executive changes, read this before buying corporate travel management limited (asx:ctd) shares.

Corporate Travel Management Limited to Report First Half, 2021 Results on Feb 17, 2021

Analysts update estimates, corporate travel management limited (asx:ctd) shares could be 36% below their intrinsic value estimate.

Corporate Travel Management (ASX:CTD) Shareholders Booked A 54% Gain In The Last Five Years

New 90-day high: AU$20.26

What kind of investors own most of corporate travel management limited (asx:ctd).

Global COO & Executive Director Laura Ruffles Just Sold A Bunch Of Shares In Corporate Travel Management Limited (ASX:CTD)

Global COO & Executive Director recently sold AU$2.8m worth of stock

Corporate travel management limited (asx:ctd) completed the acquisition of travel and transport, inc. (t&t)., corporate travel management limited (asx:ctd) has entered into a binding agreement to acquire travel and transport, inc. for approximately $200 million., corporate travel management limited not in a position to provide earnings guidance for the fiscal year 2021, price target raised to au$13.97, earnings released, new 90-day low - au$8.18, shareholder returns.

Return vs Industry : CTD underperformed the Australian Hospitality industry which returned 1.7% over the past year.

Return vs Market : CTD underperformed the Australian Market which returned 7% over the past year.

Price Volatility

Stable Share Price : CTD's share price has been volatile over the past 3 months.

Volatility Over Time : CTD's weekly volatility (4%) has been stable over the past year.

About the Company

Corporate Travel Management Limited, a travel management solutions company, manages the procurement and delivery of travel services. It operates through four segments: Australia and New Zealand, North America, Asia, and Europe. The company provides corporate and event travel management, leisure travel, loyalty travel, and wholesale travel services, as well as accommodation agency services.

Corporate Travel Management Limited Fundamentals Summary

Is CTD overvalued?

Earnings & Revenue

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Aug 21, 2024

How did CTD perform over the long term?

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Corporate Travel Management Ltd

Key statistics.

2.33 mean rating - 18 analysts

2024 (millions AUD)

About Corporate Travel Management Ltd (CTD.AX)

Company information.

Corporate Travel Management Limited is an Australia-based company, which provides business travel management services. The principal activities of the Company, consists of managing the procurement and delivery of travel and accommodation agency services for its clients. The Company’s segments include Australia and New Zealand, North America, Asia, and Europe. Its services include global corporate travel, and global meetings and events management. The Company designs global travel programs that design services and solutions for global business travel. The Company's technology framework enables it to integrate a range of tools into one travel portal, providing its global customers with a single, customized and configurable platform that meets the needs of user for maximum adoption, compliance and user-experience. The Company's specialist meetings and events division, Event Travel Management (ETM), consolidates its meetings and events expenditure.

Contact Information

+ 61 ( 7 ) 32112400

https://www.travelctm.com/global/

Personal Services

Executive Leadership

Income statement.

2023 (millions AUD)

Balance Sheet

Source: LSEG New Tab , opens new tab - data delayed by at least 15 minutes

Markets Performance

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Corporate Travel Management Ltd

Company profile, business description.

Corporate Travel Management provides travel services for businesses and governments across the Americas, Australia and New Zealand, Europe, and Asia. The company has built scale and breadth through both organic growth and acquisitions. As of 2022, Corporate Travel is the world’s fourth-largest corporate travel management company based with pro forma, pre-covid-19 total transaction volumes of AUD 11 billion, but it remains a relative minnow in the highly fragmented USD 1 trillion global market. The group offers expertise and personalized service to corporate clients spanning various industries such as government, healthcare, mining, energy, infrastructure, and construction. Before the pandemic, more than 60% of the group’s client travel was domestic (within country) in nature.

307 Queen Street Level 24 Brisbane QLD 4000 AUS

T: +61 732112400

https://www.travelctm.com

Consumer Cyclical

Travel Services

Fiscal Year End

30 June 2024

Corporate Travel Management Ltd News & Analysis

Have some of the asx 200's worst performers fallen too far, rising cost of living may dampen the revenge travel boom, analyst insights: our top pick amid the revenge travel boom, morningstar investment ideas.

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Stock summary

Corporate Travel Management Limited (ASX: CTD )

Company news

Airline and travel stocks feel the impact of coronavirus

CTD —   Corporate Travel Management   Share Price

• Market Cap AU$1.96bn
• Enterprise Value AU$1.89bn
• Revenue AU$653.40m
• Momentum 67
• Stock Rank ™ 85

Growth & Value

Shareholder activity, guru screens, financial summary, health trend ( f-score ), bankruptcy score ( z-score ), earnings manipulation risk ( m-score ), other ratios, recent history, graphical history.

Analyst Forecasts

Analyst consensus, eps   2024 / 2025.

Profile Summary

Corporate Travel Management Limited is an Australia-based company, which provides business travel management services. The principal activities of the Company, consists of managing the procurement and delivery of travel and accommodation agency services for its clients. The Company’s segments include Australia and New Zealand, North America, Asia, and Europe. Its services include global corporate travel, and global meetings and events management. The Company designs global travel programs that design services and solutions for global business travel. The Company's technology framework enables it to integrate a range of tools into one travel portal, providing its global customers with a single, customized and configurable platform that meets the needs of user for maximum adoption, compliance and user-experience. The Company's specialist meetings and events division, Event Travel Management (ETM), consolidates its meetings and events expenditure.

• Ewen Crouch   NEC (65)
• Cale Bennett   CFO
• Debbie Carling   CEX
• Larry Lo   CEX
• Kevin Malley   CEX
• Greg McCarthy   CEX
• Laura Ruffles   COO
• Jamie Pherous   MDR
• Shelley Sorrenson   SEC
• Jonathan Brett   NID
• Sophia Mitchell   NID

CTD Share Price Performance

• Share Price
• Bid  —  Ask  — 
• Low  —  High  — 
• Day's Change
• Open  —  Close  — 
• Range (12m)

Upcoming Events for CTD

Full year 2024 corporate travel management ltd earnings release, corporate travel management ltd annual shareholders meeting, similar to ctd.

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As of Today at 02:07 UTC , shares in Corporate Travel Management are trading at  AU$13.41 . This share price information is delayed by 15 minutes.

Shares in Corporate Travel Management last closed at AU$13.41 and the price had moved by -32.31% over the past 365 days. In terms of relative price strength the Corporate Travel Management share price has underperformed the ASX All Ordinaries Index by -37.44% over the past year.

The overall consensus recommendation for Corporate Travel Management is Buy . You can view the full broker recommendation list by unlocking its StockReport.

The Corporate Travel Management dividend yield is 2.91% based on the trailing twelve month period.

Last year, Corporate Travel Management paid a total dividend of AU$0.39 , and it currently has a trailing dividend yield of 2.91% .  We do not have any data on when Corporate Travel Management is to next pay dividends.

We do not have data on when Corporate Travel Management is to next pay dividends.  The historic dividend yield on Corporate Travel Management shares is currently 2.91% .

To buy shares in Corporate Travel Management you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

As of the previous close price of AU$13.41 , shares in Corporate Travel Management had a market capitalisation of AU$1.96bn .

Here are the trading details for Corporate Travel Management : 

• Country of listing: Australia
• Exchange: ASX
• Ticker Symbol: CTD

Based on an overall assessment of its quality , value and momentum Corporate Travel Management is currently classified as a Neutral . The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks . For more information, learn about our StockRank Styles .

The analyst consensus target price for shares in Corporate Travel Management is AU$17.80 .  That is 32.71% above the last closing price of AU$13.41 .

Analysts covering Corporate Travel Management currently have a consensus Earnings Per Share (EPS) forecast of AU$0.86 for the next financial year.

An important predictor of whether a stock price will go up is its track record of momentum.  Price trends tend to persist, so it's worth looking at them when it comes to a share like Corporate Travel Management . Over the past six months, its share price has underperformed the  ASX All Ordinaries Index by -32.26% .

As of the last closing price of AU$13.41 , shares in Corporate Travel Management were trading -22.31%   below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

The Corporate Travel Management PE ratio based on its reported earnings over the past 12 months is 13.62 . The shares last closed at AU$13.41 . 

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Corporate Travel Management's management team is headed by: 

• Ewen Crouch - NEC
• Cale Bennett - CFO
• Debbie Carling - CEX
• Larry Lo - CEX
• Kevin Malley - CEX
• Greg McCarthy - CEX
• Laura Ruffles - COO
• Jamie Pherous - MDR
• Shelley Sorrenson - SEC
• Jonathan Brett - NID
• Sophia Mitchell - NID

Corporate Travel Management ( CTD )

Asx:ctd (2b).

Annual Reports

Dividend history, quantitative ratios.

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Corporate Travel Management Ltd

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• Price (AUD) 13.47
• Today's Change 0.06 / 0.45%
• Shares traded 76.31k
• 1 Year change -32.65%
• Beta 1.9652

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Why is the Corporate Travel (ASX:CTD) share price slipping today?

Corporate Travel has finalised a major acquisition today. Here are all the details.

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• The Corporate Travel share price is trading lower despite the company completing a $175 million acquisition 
• The ASX travel giant now officially owns Helloworld's corporate and entertainment legs
• The Corporate Travel share price is joined in the red by fellow ASX 200 travel stocks Flight Centre and Webjet

The Corporate Travel Management Ltd ( ASX: CTD ) share price is in the red today despite the company completing a major acquisition.

The business-focused travel agency has officially taken on Helloworld Travel Ltd ( ASX: HLO )'s corporate and entertainment travel businesses.

At the time of writing, the Corporate Travel share price is $23.62, 0.55% lower than its previous close.

The broader market is also struggling today. Right now, the S&P/ASX 200 Index  (ASX: XJO) and the All Ordinaries Index  (ASX: XAO) have both slipped 0.12%.

Let's take a closer look at today's news from the ASX 200 travel giant.

Corporate Travel share price slides on acquisition update

Shares in Corporate Travel are slumping on Friday after the company announced it had completed a $175 million acquisition .

In mid-December, Corporate Travel agreed to purchase Helloworld's corporate and entertainment businesses , undergoing a capital raise to pay for them.

The company will now work to integrate former Helloworld brands including QBT, TravelEdge, APX, Atlas Travel, AOT Hotels, and Show Group into its offerings.

After adding those brands to its portfolio, Corporate Travel will service more than a quarter of the ASX 200.

The acquisition has also expanded its service and technology offerings in the government and education sectors.

The company paid $100 million in cash and approximately 3.57 million new shares for Helloworld's corporate and entertainment legs.

The cash was raised via an institutional placement and share purchase plan conducted over December and January.

Today's seemingly good news hasn't boosted the Corporate Travel share price, but at least it's not alone in the red.

It's joined by the share prices of fellow ASX 200 travel stocks Flight Centre Travel Group Ltd ( ASX: FLT ) and Webjet Limited ( ASX: WEB ). They're currently down 1.32% and 1.96% respectively.

Meanwhile, the Helloworld share price is trading 0.84% higher than its previous close.

Today's dip sees the Corporate Travel share price almost 3% higher than at the start of 2022. That's compared to the ASX 200's 1.2% slip over that same time frame.

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