| Valuation method | Value, € | Upside, % |
|---|---|---|
| Artificial intelligence (AI) | n/a | n/a |
| Intrinsic value (DCF) | n/a | |
| Graham-Dodd Method | 0.00 | -100 |
| Graham Formula | 0.01 | -100 |
HolidayCheck Group AG (HOC.DE) is a Germany-based online travel and weather platform operating across multiple European markets, including the Netherlands, Austria, Belgium, Poland, and Switzerland. The company specializes in hotel ratings, holiday bookings, and weather-related content through its portals such as Weer-Online.nl. HolidayCheck offers a range of travel services, including package tours, cruises, hotel bookings, and rental car reservations. Formerly known as TOMORROW FOCUS AG, the company rebranded in 2016 to reflect its core focus on travel. As a subsidiary of Burda Digital SE, HolidayCheck leverages digital expertise to enhance its transaction-based business model. The company operates in the competitive Internet Content & Information sector, catering to the growing demand for online travel solutions in Europe. With a market cap of approximately €232 million, HolidayCheck remains a niche player in the digital travel ecosystem, balancing advertising and transactional revenue streams.
HolidayCheck Group AG presents a mixed investment profile. The company reported modest revenue of €67.4 million in FY 2021, with net income of €2.36 million, reflecting a recovery in travel demand post-pandemic. However, its small market cap and lack of dividend payments may deter income-focused investors. The company maintains a strong cash position (€38.2 million) and manageable debt (€6.1 million), providing financial flexibility. HolidayCheck's beta of 0 suggests low correlation with broader market movements, which could appeal to risk-averse investors. The primary risks include intense competition in online travel, reliance on European markets, and vulnerability to macroeconomic shocks affecting discretionary travel spending. Investors should weigh its niche positioning against larger, more diversified online travel agencies.
HolidayCheck Group AG operates in a highly competitive online travel market dominated by global giants and regional specialists. Its competitive advantage lies in its localized European presence, particularly in German-speaking markets, and its dual focus on travel bookings and weather-related content. The company's integration of user-generated hotel ratings provides a differentiating factor, fostering trust among travelers. However, HolidayCheck lacks the scale and brand recognition of industry leaders like Booking Holdings or Expedia. Its transaction-based model competes with both online travel agencies (OTAs) and direct hotel booking platforms. The company's weather portal, Weer-Online.nl, adds a unique vertical but contributes minimally to overall revenue. HolidayCheck's subsidiary status under Burda Digital provides access to digital expertise but may limit strategic autonomy. The company's financials indicate stability but not rapid growth, suggesting a focus on profitability over market share expansion. Its competitive positioning is further challenged by the rise of metasearch engines and alternative accommodation platforms like Airbnb.