WallStSmart

Booking Holdings Inc (BKNG)vsExpedia Group Inc. (EXPE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Booking Holdings Inc generates 83% more annual revenue ($26.92B vs $14.73B). BKNG leads profitability with a 20.1% profit margin vs 8.8%. BKNG appears more attractively valued with a PEG of 0.73. BKNG earns a higher WallStSmart Score of 78/100 (B+).

BKNG

Strong Buy

78

out of 100

Grade: B+

Growth: 8.7Profit: 8.0Value: 10.0Quality: 7.5
Piotroski: 4/9Altman Z: 4.05

EXPE

Buy

63

out of 100

Grade: C+

Growth: 4.7Profit: 7.5Value: 7.3Quality: 3.8
Piotroski: 5/9Altman Z: 0.87
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BKNGUndervalued (+45.4%)

Margin of Safety

+45.4%

Fair Value

$7757.57

Current Price

$4237.75

$3519.82 discount

UndervaluedFair: $7757.57Overvalued
EXPESignificantly Overvalued (-250.2%)

Margin of Safety

-250.2%

Fair Value

$66.71

Current Price

$236.26

$169.55 premium

UndervaluedFair: $66.71Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BKNG6 strengths · Avg: 9.3/10
Operating MarginProfitability
32.5%10/10

Strong operational efficiency at 32.5%

Debt/EquityHealth
-3.4610/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.0510/10

Safe zone — low bankruptcy risk

Market CapQuality
$138.30B9/10

Large-cap with strong market position

Profit MarginProfitability
20.1%9/10

Keeps 20 of every $100 in revenue as profit

PEG RatioValuation
0.738/10

Growing faster than its price suggests

EXPE2 strengths · Avg: 9.0/10
Return on EquityProfitability
48.7%10/10

Every $100 of equity generates 49 in profit

PEG RatioValuation
0.848/10

Growing faster than its price suggests

Areas to Watch

BKNG2 concerns · Avg: 3.5/10
P/E RatioValuation
25.9x4/10

Moderate valuation

Return on EquityProfitability
2.3%3/10

ROE of 2.3% — below average capital efficiency

EXPE3 concerns · Avg: 2.0/10
Price/BookValuation
22.5x2/10

Trading at 22.5x book value

EPS GrowthGrowth
-27.3%2/10

Earnings declined 27.3%

Altman Z-ScoreHealth
0.872/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BKNG

The strongest argument for BKNG centers on Operating Margin, Debt/Equity, Altman Z-Score. Profitability is solid with margins at 20.1% and operating margin at 32.5%. Revenue growth of 16.0% demonstrates continued momentum.

Bull Case : EXPE

The strongest argument for EXPE centers on Return on Equity, PEG Ratio. Revenue growth of 11.4% demonstrates continued momentum. PEG of 0.84 suggests the stock is reasonably priced for its growth.

Bear Case : BKNG

The primary concerns for BKNG are P/E Ratio, Return on Equity.

Bear Case : EXPE

The primary concerns for EXPE are Price/Book, EPS Growth, Altman Z-Score.

Key Dynamics to Monitor

BKNG profiles as a growth stock while EXPE is a value play — different risk/reward profiles.

EXPE carries more volatility with a beta of 1.41 — expect wider price swings.

BKNG is growing revenue faster at 16.0% — sustainability is the question.

BKNG generates stronger free cash flow (1.4B), providing more financial flexibility.

Bottom Line

BKNG scores higher overall (78/100 vs 63/100), backed by strong 20.1% margins and 16.0% revenue growth. Both earn "Strong Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Booking Holdings Inc

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

Booking Holdings Inc. is an American travel technology company organized in Delaware and based in Norwalk, Connecticut, that owns and operates several travel fare aggregators and travel fare metasearch engines including namesake and flagship Booking.com, Priceline.com, Agoda.com, Kayak.com, Cheapflights, Rentalcars.com, Momondo, and OpenTable.

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Expedia Group Inc.

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

Expedia Group, Inc. is an American online travel shopping company for consumer and small business travel. Its websites, which are primarily travel fare aggregators and travel metasearch engines, include Expedia.com, Vrbo (previously HomeAway), Hotels.com, Hotwire.com, Orbitz, Travelocity, trivago and CarRentals.com.

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