TCOM vs AZUL vs AHMA Stock Comparison

Trip.com, Azul and Ambitions Enterprise Management Co. L.L.C Prices as of Oct 26, 2026 Peers: Industry group
TCOM Trip.com Group Ltd
$39.91 +1.2% 1M -45.2% 1Y
Market cap
$26.04B
P/E
7.6x
Revenue (TTM)
$9.45B
Div. yield
–
Travel Services Consumer Discretionary
4 wins
AZUL Azul Sa
$4.05 -37.5% 1M
Market cap
$2.66B
P/E
142.7x
Revenue (TTM)
—
Div. yield
–
Airlines Industrials
1 win

Head to Head

5 decided of 12

Trip.com leads on 4 of the 12 questions below (Trip.com 4, Azul 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTCOMAZULAHMALeader
Larger companyMarket capitalisation $26.04B $2.66B $30.89M TCOM
Cheaper on earningsLower P/E, profitable companies only 7.6x 142.7x 24.8x TCOM
Cheaper on forward earningsLower price / next fiscal year consensus EPS 11.0x 8.4x — AZUL
Faster revenue growthRevenue growth, trailing twelve months +18.1% — — –
More profitableNet margin, trailing twelve months 36.1% — — –
Better return on capitalReturn on invested capital 5.3% — — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -45.2% — -76.0% TCOM
Better 5-year returnAnnualised price return, 5 years +6.6%/yr — — –
Less volatileAnnualised volatility, 1 year 36.3% 560.8% 282.5% TCOM
Higher overall scoreMean of the five percentile scores vs peers 81/100 — — –

Percentile Scorecard

TCOMAZULAHMA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTCOMAZULAHMA
Valuation 82 #6 of 29 18 #112 of 136 54 #14 of 29
Growth 80 #6 of 26 – –
Profitability 68 #9 of 26 – –
Financial Health 93 #3 of 31 1 #143 of 144 100 #1 of 31
Shareholder Returns – – –
Overall 81 – –
  • TCOM ranked among 32 companies in Travel and Lodging
  • AZUL ranked among 150 companies in Transportation
  • AHMA ranked among 32 companies in Travel and Lodging

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTCOMAZULAHMASPY
1 month +1.2%-37.5%-21.9% -0.8%
3 months -10.9%-52.1%-31.4% +3.5%
6 months -25.0%+3.8%+1.9% +7.0%
Year to date -44.5%—-78.3% +12.2%
1 year -45.2%—-76.0% +13.0%
3 years +13.0%—— +86.3%
3 years, per year +4.2%—— +23.1%
5 years +37.9%—— +68.6%
5 years, per year +6.6%—— +11.0%
10 years -14.5%—— +258.0%
10 years, per year -1.6%—— +13.6%

Risk

MeasureTCOMAZULAHMASPY
Volatility, 1Y 36.3%560.8%282.5% 12.7%
Downside volatility, 1Y 43.1%725.2%262.8% 12.7%
Beta vs S&P 500, 1Y 0.591.881.18 1.00
Return / volatility, 1Y -1.25—-0.27 1.02
Max drawdown, 5Y -51.9%-99.2%-97.9% -25.4%
From 52-week high -49.5%-99.2%-97.1% -1.8%
52-week high $78.96$495.00$37.11 $779.14
52-week low $37.96$3.90$0.79 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTCOMAZULAHMA
P/E now vs peer median 7.7xmedian 18.8x 142.7xmedian 16.1x 24.8xmedian 18.8x
P/S now vs peer median 2.7xmedian 1.5x 3.2xmedian 1.0x 1.5xmedian 1.5x
EV/EBITDA now vs peer median —median 15.2x —median 8.7x —median 15.2x
P/FCF now vs peer median —median 16.1x -47.8xmedian 11.5x -27.5xmedian 16.1x
P/B now vs peer median 1.1xmedian 2.5x —median 1.2x 2.4xmedian 2.5x
PEG now vs peer median 0.15median 0.38 —median 0.81 —median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTCOMAZULAHMA
Revenue $9.45B – –
Gross profit $7.55B – –
Operating income $1.50B – –
Net income $3.42B – –
R&D $2.30B – –
EPS (diluted) $4.88 – –
Cash & equivalents $8.26B $181.08M $2.87M
Total debt $18.23B $4.21B –
Shares (diluted) 698.38M 17.41B 28.34M
Enterprise value -$18.99B $1.77B $30.89M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTCOMAZULAHMA
P/E 7.7x 142.7x 24.8x
P/FCF – -47.8x -27.5x
P/Operating cash flow – – –
P/S 2.7x 3.2x 1.5x
P/B 1.1x – 2.4x
P/Tangible book 1.2x – 2.4x
EV/EBITDA – – –
EV/EBIT 12.0x – –
EV/Revenue 1.9x – –
EV/FCF – – –
EV/Operating cash flow – – –
PEG (3Y EPS CAGR) 0.15 – –

Growth

14 metrics
MetricTCOMAZULAHMA
Revenue growth (1Y) 18.1% – –
Revenue CAGR (3Y) 27.2% – –
Gross profit growth (1Y) 16.9% – –
Gross profit CAGR (3Y) 40.9% – –
Operating income growth (1Y) -28.2% – –
Operating income CAGR (3Y) 42.4% – –
Net income growth (1Y) 34.1% – –
Net income CAGR (3Y) 54.9% – –
EPS growth (1Y) 33.2% – –
EPS CAGR (3Y) 51.8% – –
Operating cash flow growth (1Y) – – –
Operating cash flow CAGR (3Y) – – –
Free cash flow growth (1Y) – – –
Free cash flow CAGR (3Y) – – –

Profitability

14 metrics
MetricTCOMAZULAHMA
Gross margin 80.0% – –
EBITDA margin – – –
Operating margin 15.9% – –
Pretax margin 45.7% – –
Net margin 36.1% – –
FCF margin – – –
Operating cash flow margin – – –
Return on equity 14.3% – –
Return on assets 8.9% – –
Return on invested capital 5.3% – –
Return on capital employed 6.1% – –
Asset turnover 0.2x – –
Cash conversion (OCF / net income) – – –
Stock comp / revenue – – –

Financial Health

11 metrics
MetricTCOMAZULAHMA
Debt / assets 10.2% 97.6% –
Debt / equity 0.2x – –
Net debt / EBITDA – – –
Debt / FCF – – –
Liabilities / assets 38.0% 165.7% 17.0%
Equity / assets 62.0% – 83.0%
Interest coverage 19.8x – –
Current ratio 1.3x 0.2x 4.2x
Quick ratio 1.0x 0.1x 3.0x
Cash ratio 0.9x 0.0x 1.1x
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricTCOMAZULAHMA
Dividend yield – – –
Net buyback yield – – –
Shareholder yield 0.0% – –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTCOMAZULAHMA
Forward P/E 11.0xFY2026 8.4xFY2026 –
EPS, next fiscal year $3.64FY2026 $0.48FY2026 –
EPS growth, next FY -44.2%FY2026 – –
EPS growth, the year after +17.0% +187.5% –
Revenue, next fiscal year $9.46BFY2026 $4.51BFY2026 –
Revenue growth, next FY +6.0%FY2026 +6.3%FY2026 –
Revenue growth, the year after +20.9% +13.8% –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTCOMAZULAHMA
Held by institutions 23.0% 2.9% –
Institutions holding 319 42 –
Change in shares held, QoQ +1.2% – –
Institutions buying 152 42 –
Institutions selling 119 0 –
Buyers to sellers 1.28 – –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TCOMAZULAHMA
TCOM 1.00 0.01 0.02
AZUL 0.01 1.00 0.19
AHMA 0.02 0.19 1.00

Add a Peer

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Frequently Asked Questions

Which is bigger, TCOM, AZUL and AHMA?

Trip.com (TCOM) is the largest by market capitalisation: Trip.com (TCOM) $26.04B, Azul (AZUL) $2.66B, Ambitions Enterprise Management Co. L.L.C (AHMA) $30.89M.

Which stock is cheaper, TCOM, AZUL and AHMA?

Trip.com (TCOM) trades on the lowest price-to-earnings ratio (Trip.com (TCOM) 7.6x, Azul (AZUL) 142.7x, Ambitions Enterprise Management Co. L.L.C (AHMA) 24.8x). On next year's consensus earnings, Azul (AZUL) is cheapest (Trip.com (TCOM) 11.0x, Azul (AZUL) 8.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which stock has performed better?

Over the past year Trip.com (TCOM) returned the most: Trip.com (TCOM) -45.2%, Ambitions Enterprise Management Co. L.L.C (AHMA) -76.0%. Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Trip.com (TCOM) has been the steadiest (Trip.com (TCOM) 36.3%, Azul (AZUL) 560.8%, Ambitions Enterprise Management Co. L.L.C (AHMA) 282.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TCOM, AZUL and AHMA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Trip.com (TCOM) leads on 4. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.