Trip.com Group Limited
—- Market cap
- —
- Debt
- +$4.40B
- Cash
- −$10.28B
Complete market value, debt and cash evidence is required for enterprise value.
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: TCOM stock price vs HLT: inconclusive Relative valuation is incomplete for this pair. Review the available filing metrics before drawing a conclusion.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at HLT's multiple
Needs HLT P/E.
Implied fair value · at TCOM's multiple
Needs TCOM P/E.
Price unavailable
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Lower is better
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: TCOM FY 2025 (ended Dec 31, 2025) · HLT FY 2025 (ended Dec 31, 2025).
Trendline
Six fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Complete market value, debt and cash evidence is required for enterprise value.
Complete market value, debt and cash evidence is required for enterprise value.
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
Trip.com Group Limited · implied price per share
Bear
$44.23
Base
$50.54
Bull
$58.76
Hilton Worldwide Holdings Inc. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.18x
-2.29x
Net debt / EBITDA
Leverage against operating earnings
-0.99x
4.20x
Cash and equivalents
Liquid reserves on the balance sheet
$10.28B
$918.00M
Total debt
Interest-bearing obligations outstanding
$4.40B
$12.34B
Comparable set
Where the pair sits against the wider comparable set.
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LLM-powered synthesis
An explanation of the financial evidence. Check its snapshot date against the figures above.
This explanation uses an earlier data snapshot or evidence version. Review its generation date and the current figures, or refresh after signing in.
If you believe TCOM can sustain 20%+ revenue growth while defending its unusually high margins, then holding or adding may make sense despite the modeled downside, because the quality metrics are solid and the business fundamentals are stronger than HLT’s on growth and margins.
TCOM is priced above the P/E-derived implied value of $34.46 versus its current $41.00 price, implying -15.9% downside. However, relative to HLT, TCOM also carries a much richer valuation on sales and EBITDA multiples, which helps explain why the market is not awarding a large discount despite superior growth.
Supporting Metrics