On The Beach Stock Analysis
Intro Normal.
The travel industry took a major hammering due the crazy global issue and subsequent travel restrictions put in place.
Is this the end of the world? Or is this the greatest time to get some bargain stocks?
Now if you believe that this global issue won’t seriously affect the travel industry in the long term & things will eventually get back to normal. Then now is a great time to GO BARGAIN HUNTING FOR STOCKS!…THE SALE IS ON!)
On the Beach is one of the largest online travel booking agents in the U.K. which specializes in short & medium haul Holidays.
BUT IS THE SUN REALLY SHINING ON THIS STOCK?
In this video I’m going to give you’re a brief overview of the company, full stock analysis and show you why I just purchased shares in the company.
————–Lets Dive in!
History of On the Beach Business?
On the Beach was founded by Simon Cooper, who began his career in the travel industry while at university. There he founded a ski holiday company called On the Piste.
Which was aimed towards groups of students who wished to go on budget-friendly ski holidays to the French Alps by coach.
While simultaneously in 2004, Cooper started working on a new business venture “On the Beach”.
In 2008, TUI Group‘s Thomson Holidays purchased On the Piste and thus cooper decided to focus fully on his new venture.
Prior to this in 2007, private equity investor Livingbridge acquired a majority stake in the company for £36 million.
In 2011 On the Beach expanded further by acquiring Resort Taxis out of administration for just £10,000. This business assisted with transporting holidaymakers in its most popular destinations of Egypt, Turkey, The Balearics, The Canaries, mainland Spain, Greece and The Algarve. The Resort Taxi arm was later re-branded into On the Beach Transfers in 2012
The company continued expanding and founded “ON THE BEACH beds” in 2011.
A hotel organisation which allowed On the Beach to Contact direct with hotels.
This was a great move which allowed them to secure better commission rates and thus improving their profit margins.
———————-
What about the On the Beach stock?
Evaluating on the Beach Stock shows the business has some great fundamentals.
(SCREEN CAPTURE TALK THOUGH EARNINGS, BALANCE SHEET, growth Potential and Margin of safety.
Online travel stock with minimal overheads.
FINAL THOUGHTS:
ON the beach is a great stock to purchase and the recent global issue means that it can be purchased with a margin of Safety.
But remember on the channel we don’t provide financial advice so be sure to review your own investing goals, risk tolerance and do your own research before investing!
I WOULD LOVE to hear your thoughts about ON THE BEACH as a company, as a customer and of course a stock!