Download PDF

1. Company Snapshot

1.a. Company Description

lastminute.com N.V. operates in the online travel industry in Italy, Spain, the United Kingdom, France, Germany, and internationally.It operates through Online Travel Agency (OTA), Meta-search, Media, and Other segments.The company provides mobile apps and websites in approximately 17 languages and 40 countries, which enable travelers to search, compare, and book flights, vacation packages and cruises, hotel accommodations, car rentals, and other travel products and services.


It also directs traffic from its websites to the sites of the OTAs, airlines, and other direct providers.In addition, the company operates as a seller of web-based advertising spaces and media contents primarily on OTA platforms, web sites, and third-party partners available spaces.Its primary brands include lastminute.com, weg.de, Jetcost, Volagratis, Rumbo, Bravofly, Hotelscan, Crocierissime, and Forward, as well as Madfish, HolidayiQ, Wayn, and Pigi Shipping.


The company was formerly known as Bravofly Rumbo Group N.V. and changed its name to lastminute.com N.V. in May 2015.lastminute.com N.V. was founded in 2004 and is based in Amsterdam, the Netherlands.

Show Full description

1.b. Last Insights on LMN

The recent performance of lastminute.com N.V. has been marred by a decline in investor sentiment, with the company's share price experiencing a 7.1% drop over the past three months. This downturn can be attributed to a lack of significant developments in the company's financial prospects, despite its attractive financial profile. Furthermore, the absence of a substantial earnings release in the recent past has contributed to the market's lukewarm reception of the company.

1.c. Company Highlights

2. Transcript Summary

Unfortunately this company is not part of our coverage yet. But as part of your subscription plan you can request it by clicking just below and we'll process.

Request Coverage

3. NewsRoom

Card image cap

High taxes are driving tech out of UK, warns Lastminute.com founder

Oct -07

Source:

Card image cap

lastminute.com N.V.'s (VTX:LMN) largest shareholders are private companies with 42% ownership, individual investors own 40%

Sep -28

Source:

Card image cap

Could The Market Be Wrong About lastminute.com N.V. (VTX:LMN) Given Its Attractive Financial Prospects?

Aug -31

Source:

Card image cap

Should You Think About Buying lastminute.com N.V. (VTX:LMN) Now?

Aug -04

Source:

Card image cap

Investors in Mobimo Holding (VTX:MOBN) have unfortunately lost 1.1% over the last three years

Nov -09

Source:

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (11.56%)

6. Segments

Business to Customer

Expected Growth: 10%

Lastminute.com's 10% growth in Business-to-Customer (B2C) segment is driven by increasing online travel bookings, strategic partnerships with travel suppliers, effective marketing campaigns, and a user-friendly website and mobile app. Additionally, the company's focus on offering competitive prices, a wide range of travel options, and a loyalty program have contributed to its growth.

Business to Business

Expected Growth: 14%

Lastminute.com N.V.'s 14% growth in Business-to-Business (B2B) segment is driven by increasing corporate travel demand, strategic partnerships with travel management companies, and expansion into new markets. Additionally, the company's investment in digital platforms and mobile applications has improved user experience, leading to higher adoption rates and increased bookings.

7. Detailed Products

Flights

Lastminute.com offers a wide range of flights from various airlines, allowing customers to book their ideal flight itinerary.

Hotels

Lastminute.com provides access to a vast selection of hotels worldwide, catering to different budgets and preferences.

Package Holidays

Lastminute.com offers bundled deals that combine flights and accommodations, making it easy to plan a trip.

Car Rentals

Lastminute.com partners with leading car rental companies to provide a wide range of vehicles for rent.

Cruises

Lastminute.com offers a variety of cruise itineraries, allowing customers to explore multiple destinations while only unpacking once.

Theatre and Event Tickets

Lastminute.com provides access to a wide range of tickets for theatre productions, concerts, and sporting events.

Experiences

Lastminute.com offers a curated selection of unique experiences, such as wine tastings, cooking classes, and adventure activities.

8. lastminute.com N.V.'s Porter Forces

Forces Ranking

Threat Of Substitutes

Lastminute.com faces moderate threat from substitutes as customers have alternative options for booking travel and leisure activities, but the company's strong brand recognition and loyalty program help to mitigate this threat.

Bargaining Power Of Customers

Lastminute.com's customers have high bargaining power due to the availability of multiple online travel agencies and the ease of comparing prices, which puts pressure on the company to maintain competitive pricing.

Bargaining Power Of Suppliers

Lastminute.com has a diverse supplier base, which reduces the bargaining power of individual suppliers, and the company's scale and market presence also give it negotiating power.

Threat Of New Entrants

The threat of new entrants is low due to the significant investment required to establish a strong online presence and the complexity of building a large supplier network, which creates barriers to entry.

Intensity Of Rivalry

The online travel agency market is highly competitive, with many established players, which leads to intense rivalry and pressure on prices, margins, and market share.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight 27.76%
Debt Cost 13.02%
Equity Weight 72.24%
Equity Cost 13.02%
WACC 13.02%
Leverage 38.43%

11. Quality Control: lastminute.com N.V. passed 5 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
Voyageurs du Monde

A-Score: 5.7/10

Value: 5.0

Growth: 8.6

Quality: 5.7

Yield: 2.5

Momentum: 6.5

Volatility: 6.0

1-Year Total Return ->

View Full Report
Stock-Card
eDreams ODIGEO

A-Score: 4.9/10

Value: 5.4

Growth: 6.3

Quality: 6.1

Yield: 0.0

Momentum: 7.0

Volatility: 4.3

1-Year Total Return ->

View Full Report
Stock-Card
On the Beach

A-Score: 4.9/10

Value: 4.4

Growth: 6.2

Quality: 7.6

Yield: 1.2

Momentum: 8.0

Volatility: 1.7

1-Year Total Return ->

View Full Report
Stock-Card
Lastminute

A-Score: 4.6/10

Value: 7.0

Growth: 6.1

Quality: 6.3

Yield: 3.1

Momentum: 2.5

Volatility: 2.7

1-Year Total Return ->

View Full Report
Stock-Card
Trainline

A-Score: 4.4/10

Value: 4.6

Growth: 7.9

Quality: 8.1

Yield: 0.0

Momentum: 2.5

Volatility: 3.3

1-Year Total Return ->

View Full Report
Stock-Card
Hostelworld

A-Score: 3.7/10

Value: 4.0

Growth: 5.1

Quality: 7.4

Yield: 0.6

Momentum: 3.0

Volatility: 2.3

1-Year Total Return ->

View Full Report

Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

11.95$

Current Price

11.95$

Potential

-0.00%

Expected Cash-Flows