WallStSmart

Booking Holdings Inc (BKNG)vsViking Holdings Ltd (VIK)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Booking Holdings Inc generates 305% more annual revenue ($28.24B vs $6.97B). BKNG leads profitability with a 25.5% profit margin vs 19.3%. BKNG trades at a lower P/E of 19.4x. BKNG earns a higher WallStSmart Score of 76/100 (B+).

BKNG

Strong Buy

76

out of 100

Grade: B+

Growth: 8.0Profit: 10.0Value: 6.7Quality: 7.5
Piotroski: 4/9Altman Z: 4.05

VIK

Buy

64

out of 100

Grade: C+

Growth: 9.3Profit: 9.0Value: 5.3Quality: 3.0
Piotroski: 5/9Altman Z: 0.41
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BKNGUndervalued (+10.9%)

Margin of Safety

+10.9%

Fair Value

$188.41

Current Price

$167.90

$20.51 discount

UndervaluedFair: $188.41Overvalued

Intrinsic value data unavailable for VIK.

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BKNG6 strengths · Avg: 9.8/10
Return on EquityProfitability
225.7%10/10

Every $100 of equity generates 226 in profit

Operating MarginProfitability
34.4%10/10

Strong operational efficiency at 34.4%

EPS GrowthGrowth
130.0%10/10

Earnings expanding 130.0% YoY

Debt/EquityHealth
-1.9210/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.0510/10

Safe zone — low bankruptcy risk

Market CapQuality
$130.68B9/10

Large-cap with strong market position

VIK4 strengths · Avg: 8.5/10
Return on EquityProfitability
81.5%10/10

Every $100 of equity generates 82 in profit

Operating MarginProfitability
29.4%8/10

Strong operational efficiency at 29.4%

Revenue GrowthGrowth
16.5%8/10

16.5% revenue growth

EPS GrowthGrowth
32.3%8/10

Earnings expanding 32.3% YoY

Areas to Watch

BKNG0 concerns · Avg: 0/10

No major concerns identified

VIK4 concerns · Avg: 2.5/10
P/E RatioValuation
28.0x4/10

Moderate valuation

Price/BookValuation
23.1x2/10

Trading at 23.1x book value

Free Cash FlowQuality
$-396.83M2/10

Negative free cash flow — burning cash

Altman Z-ScoreHealth
0.412/10

Distress zone — elevated risk

Comparative Analysis Report

WallStSmart Research

Bull Case : BKNG

The strongest argument for BKNG centers on Return on Equity, Operating Margin, EPS Growth. Profitability is solid with margins at 25.5% and operating margin at 34.4%. PEG of 0.64 suggests the stock is reasonably priced for its growth.

Bull Case : VIK

The strongest argument for VIK centers on Return on Equity, Operating Margin, Revenue Growth. Profitability is solid with margins at 19.3% and operating margin at 29.4%. Revenue growth of 16.5% demonstrates continued momentum.

Bear Case : BKNG

No major red flags identified for BKNG, but monitor valuation.

Bear Case : VIK

The primary concerns for VIK are P/E Ratio, Price/Book, Free Cash Flow. Debt-to-equity of 3.75 is elevated, increasing financial risk.

Key Dynamics to Monitor

BKNG profiles as a mature stock while VIK is a growth play — different risk/reward profiles.

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

VIK is growing revenue faster at 16.5% — sustainability is the question.

BKNG generates stronger free cash flow (3.6B), providing more financial flexibility.

Bottom Line

BKNG scores higher overall (76/100 vs 64/100), backed by strong 25.5% margins. 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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Viking Holdings Ltd

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

Viking Holdings Ltd engages in the passenger shipping and other forms of passenger transport in North America, the United Kingdom, and internationally. The company is headquartered in Pembroke, Bermuda.

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