Flight Centre Travel Group Limited (FLT.AX)
Consumer Cyclical · ASX · Australia
Fundamentals
Valuation and ratings
Flight Centre Travel Group Limited trades at AUD11.71, which is 44% above the AUD6.50 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 41 out of 100, which is little in the way of a moat. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 23.7 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
FLT.AX dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | AUD0.120 | 1 |
| 2025 | AUD0.400 | 2 |
| 2024 | AUD0.400 | 2 |
| 2023 | AUD0.180 | 1 |
| 2019 | AUD2.76 | 2 |
| 2018 | AUD1.50 | 2 |
| 2017 | AUD1.25 | 2 |
| 2016 | AUD1.37 | 2 |
| 2015 | AUD1.37 | 2 |
| 2014 | AUD1.37 | 2 |
| 2013 | AUD1.23 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
FLT.AX earnings and analyst estimates
Recommendation mix, 16 analyst ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Flight Centre Travel Group Limited
Flight Centre Travel Group Limited provides travel retailing services for the leisure and corporate sectors in Australia, New Zealand, the Americas, Europe, the Middle East, Africa, Asia, and internationally. The company offers leisure travel services for the niche sectors, as well as mass, youth, premium, and cruise markets; and corporate travel services for organizations of various sizes across industries, as well as supplies products to its national and international network, or travel retail outlets. It also provides tour operations, hotel management, and destination management services. In addition, the company offers other travel related services, including foreign currency exchange and travel academies; recruitment marketing and bike retailing; and employee benefit services. It provides its services primarily under the Flight Centre brand, as well as other travel brands. The company was formerly known as Flight Centre Limited and changed its name to Flight Centre Travel Group Limited in November 2013. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in South Brisbane, Australia.
FLT.AX passes 3 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Flight Centre Travel Group Limited (FLT.AX) undervalued?
Against our discounted cash flow estimate of AUD6.50, FLT.AX at AUD11.71 is 44% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is FLT.AX's P/E ratio?
FLT.AX trades at 23.7 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Flight Centre Travel Group Limited (FLT.AX) pay a dividend?
Yes. Flight Centre Travel Group Limited yields 3.37% at the current share price. It has paid AUD0.410 per share over the trailing twelve months. It has paid a dividend in each of the last 3 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.