Two Travel-Related Stocks: WEB, FLT

  • Apr 07, 2019 AEST
  • Team Kalkine
Two Travel-Related Stocks: WEB, FLT

The standards of living of people worldwide have vastly improved in the last few years, followed by more and more people travelling on a regular basis. With the steady growth experienced by the travel industry, investors have ample choices in the travel market.

Let’s have a look at two such travel-stocks: WEB, FLT

Webjet Limited

Webjet Limited (ASX: WEB) is the company engaged in the digital form of travel, covering international customer markets via Business-to-consumer, and wholesale markets via Business-to-business. The company was founded in 1998 and is based in Melbourne, Australia. Some of the subsidiaries of the company consist of Online Republic Limited, SunHotels Ltd., Destinations of The World, Jac Travel to name a few.

On 4 March 2019, the company announced the change of interests in one of its directors Mr John Guscic. The director now owns 6,909,960 direct, 89,585 indirect fully paid ordinary shares and 2,787,362 unlisted options from 1 April 2019.

In its 1 H19 results for the period ending on 31 December 2018, from the balance sheet’s perspective, the company recorded the total assets of $1,480.4 million. The total liabilities of the company stood at $839.8million, and the net assets were noted at $640.6 million. The company also declared $175.3 million Revenue (up 33%), $58 million EBITDA (up 42%) and $38.3 million NPAT (up 61%). During the 1 H19 period, in November last year, the company procured 100% of the issued share capital of Destinations of the World and its controlled entities.

The stock of the company, by the end of the trading session, was at a price of A$15.150 (as on 5 April 2019). It has a market capitalization of around A$2.13 billion with circa 135.6 million outstanding shares. In the last 6 months, the stock has given a return of 10.68 %. Also, in the last 12 months, the stock of the company gave a return of 50.50 %.

Flight Centre Travel Group

Flight Centre Travel Group (ASX: FLT) began its journey from the early 1970s, the company’s maiden shop was opened in 1980s and it was listed on ASX in 1995. It is ranked as one of the biggest travel agency groups worldwide, with its operations in twenty-three nations. It has around 2,800 businesses in totality, and some of its subsidiaries are Topdeck, Flight Centre Canada, FCM Travel Solutions, Infinity Holidays and such.

On 29 March 2019, the company had issued 3,134 Fully Paid Ordinary Shares at an issue price of $43.54 per share under the terms of the Employee Share Plan.

In its FY19, half-yearly report for the period ending on 31 December 2018, the company recorded the revenue of $1.46 million. The total comprehensive income of the company stood at $0.10 million. Further, the Net cash outflow from operating activities was noted at $0.19 million, and the Net cash outflow from investing activities at $ 63,197 million. Also, the company noted Net cash outflow from financing activities at $0.11 million. The Cash and cash equivalents at the end of the half year stood at $0.90 million.

The company is now moving towards the bottom of its guidance range for the entire year, as an outcome of the volatility it has experienced in the Australian region and the leisure business during the 1H period.

The stock of the company, by the end of the trading session, was at a price of A$ 43.200 (as on 5 April 2019). It has a market capitalization of around A$4.35 billion with approximately 101.1 million outstanding shares. In the last 6 months, the stock has given a return of 11.61%. However, in the last 3 months, the stock of the company gave a return of 6.64%.


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