| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | 1 | — | — | — | — | — | — | — |
| Sell | — | 3 | 3 | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2017 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 15.71 | 17.06 | 10.01 | 6.84 |
| Receivables | 13.59 | 12.83 | 10.72 | 14.54 |
| Inventory | — | — | — | — |
| Other | — | — | — | — |
| 30.77 | 31.77 | 23.40 | 25.27 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 4.55 | 6.16 | 7.76 | 8.47 |
| ST’ Debt | — | — | — | — |
| Other | — | — | — | — |
| 34.19 | 36.50 | 34.17 | 39.58 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡ | ‡‡‡ | ‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 24.27 | 23.21 | — | — |
—
|
| ’25 | 23.14 | 23.91 | 22.20 | 22.48 |
91.72
|
| ’24 | 21.99 | 21.14 | 20.10 | 20.68 |
83.90
|
| ’23 | 21.60 | 21.13 | 20.60 | 21.15 |
84.48
|
| ’22 | 18.45 | 17.69 | 15.85 | 18.61 |
70.60
|
| ’21 | 14.28 | 19.08 | 15.69 | 13.66 |
62.71
|
| ’20 | 20.33 | 7.00 | 13.79 | 12.48 |
53.60
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.85 | (1.66) | — | — |
—
|
| ’25 | 3.28 | 1.30 | (0.37) | 1.45 |
5.66
|
| ’24 | 4.62 | 3.31 | 5.33 | 7.84 |
21.10
|
| ’23 | 0.54 | 5.12 | 3.64 | 1.38 |
10.68
|
| ’22 | (6.76) | (10.23) | (3.86) | (2.27) |
(23.12)
|
| ’21 | 9.06 | 12.89 | (12.67) | (17.37) |
(8.08)
|
| ’20 | (3.06) | 16.48 | 24.16 | 9.44 |
47.02
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 3.84 | (1.67) | — | — |
—
|
| ’25 | 3.26 | 1.29 | (0.39) | 1.44 |
5.60
|
| ’24 | 4.59 | 3.26 | 5.28 | 7.80 |
20.92
|
| ’23 | 0.42 | 5.07 | 3.58 | 1.34 |
10.42
|
| ’22 | (7.90) | (10.31) | (3.92) | (2.50) |
(24.63)
|
| ’21 | 9.06 | 12.81 | (12.61) | (17.37) |
(8.11)
|
| ’20 | (3.19) | 16.41 | 24.11 | 10.26 |
47.59
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.23 | (0.21) | — | — |
—
|
| ’25 | 0.25 | 0.12 | 0.01 | 0.00 |
0.41
|
| ’24 | 0.31 | 0.23 | 0.26 | 0.26 |
1.06
|
| ’23 | 0.23 | 0.17 | 0.16 | 0.27 |
0.83
|
| ’22 | 0.19 | 0.08 | 0.06 | 0.20 |
0.53
|
| ’21 | (0.14) | 0.22 | 0.22 | (0.25) |
0.09
|
| ’20 | (0.58) | (0.55) | (0.12) | 0.06 |
(1.18)
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | 4.10 | 4.41 | 7.12 | 6.59 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | 11.00 | 10.86 | 22.44 | 24.85 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 237 | 223 | 227 | 249 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.30 | 0.38 | 0.37 | 0.37 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 70.60 | 84.48 | 83.90 | 91.72 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 85.83% | 87.06% | 87.52% | 80.29% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 9.96 | 17.11 | 19.09 | 7.66 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 14.11% | 20.26% | 22.75% | 8.35% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.63 | 12.47 | 13.68 | 4.98 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.19 | 1.89 | 0.91 | 0.31 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.71 | 5.67 | 6.66 | 8.20 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 0.54 | 0.83 | 1.08 | 0.42 | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.87) | 0.72 | 1.68 | 0.51 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.12) | (0.02) | (0.01) | (0.01) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.99) | 0.70 | 1.66 | 0.50 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.72 | 0.60 | 0.35 | (0.22) | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.37 | 14.90 | 12.59 | 11.18 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | 8.63 | 11.40 | 18.64 | 17.80 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.82 | 1.67 | 2.99 | 0.87 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | 6.51 | 15.86 | 57.72 | 0.00 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.71 | 1.60 | 2.91 | 0.86 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (2.04) | 12.95 | 11.66 | 14.17 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (23.12) | 10.68 | 21.10 | 5.66 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (1.51) | (0.25) | (0.18) | (0.06) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (24.63) | 10.42 | 20.92 | 5.60 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (11.94) | (3.42) | (4.72) | (10.77) | — | — | — |
Working Cap'
|
| — | — | — | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 11.30 | — | — | — | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (7.39) | (15.71) | (17.06) | (10.01) | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.85 | 8.88 | 4.35 | (2.42) | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 7.94% | 20.16% | 24.64% | 9.41% | — | — | — |
ROA
|
| ‡‡‡ | ‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡ | 324.39% | 0.00% | 0.00% | 0.00% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 287.25% | 139.46% | 204.96% | 486.69% | — | — | — |
ROE
|
Travelzoo (TZOO) has staged a remarkable post-COVID rebound in the digital travel deals sector, with revenues recovering from a 49% plunge to $53.6 million in 2020 to $83.9 million in 2024, driven by pent-up demand and pivots to apps and email newsletters. Operational efficiency shines through a lean 227-employee base generating $369,612 revenue per head—far above peers—alongside gross margins rebounding to 87.5% and robust free cash flow of $20.9 million in 2024, funding low-capex innovation in AI personalization and subscriptions.
Profitability has exploded, with EBT swinging from a $13.6 million loss to $19.1 million (22.8% margins) and EPS surging to $1.08, yet the stock trades at depressed levels near historical lows, implying undervaluation at a trailing PE of 18.6x and EV/FCF of 11.7x. A net cash position and share repurchases bolster the balance sheet, despite some insider profit-taking.
Analysts forecast acceleration—revenues to $107.4 million in 2026 (+17%) and EPS to $1.54 in 2027—with price targets signaling 310% average upside amid tailwinds like revenge travel and emerging market expansion, positioning TZOO as a coiled spring for explosive gains.
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