WallStSmart

Booking Holdings Inc (BKNG)vsLindblad Expeditions Holdings Inc (LIND)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Booking Holdings Inc generates 3391% more annual revenue ($26.92B vs $771.02M). BKNG leads profitability with a 20.1% profit margin vs -3.9%. 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

LIND

Hold

41

out of 100

Grade: D

Growth: 7.3Profit: 3.5Value: 5.0Quality: 4.5
Piotroski: 3/9Altman Z: 0.23
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

Intrinsic value data unavailable for LIND.

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

LIND2 strengths · Avg: 9.0/10
Debt/EquityHealth
-3.8110/10

Conservative balance sheet, low leverage

Revenue GrowthGrowth
23.3%8/10

Revenue surging 23.3% year-over-year

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

LIND4 concerns · Avg: 3.3/10
EPS GrowthGrowth
3.5%4/10

3.5% earnings growth

Market CapQuality
$1.18B3/10

Smaller company, higher risk/reward

Operating MarginProfitability
0.1%3/10

Operating margin of 0.1%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

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 : LIND

The strongest argument for LIND centers on Debt/Equity, Revenue Growth. Revenue growth of 23.3% demonstrates continued momentum.

Bear Case : BKNG

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

Bear Case : LIND

The primary concerns for LIND are EPS Growth, Market Cap, Operating Margin.

Key Dynamics to Monitor

LIND carries more volatility with a beta of 2.26 — expect wider price swings.

LIND is growing revenue faster at 23.3% — sustainability is the question.

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

Monitor TRAVEL SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BKNG scores higher overall (78/100 vs 41/100), backed by strong 20.1% margins and 16.0% revenue growth. Both earn "Strong Buy" and "Hold" 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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Lindblad Expeditions Holdings Inc

CONSUMER CYCLICAL · TRAVEL SERVICES · USA

Lindblad Expeditions Holdings, Inc. offers adventure travel experiences and expedition cruises. The company is headquartered in New York, New York.

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