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Sabre

Nasdaq:SABR
Snowflake Description

Very undervalued with reasonable growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
SABR
Nasdaq
$2B
Market Cap
  1. Home
  2. US
  3. Software
Company description

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. The last earnings update was 42 days ago. More info.


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  • Sabre has significant price volatility in the past 3 months.
SABR Share Price and Events
7 Day Returns
16.9%
NasdaqGS:SABR
4.3%
US IT
2.4%
US Market
1 Year Returns
-73.5%
NasdaqGS:SABR
-1.2%
US IT
-10%
US Market
SABR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Sabre (SABR) 16.9% -35.8% -74.5% -73.5% -72.8% -77.5%
US IT 4.3% -10% -15.6% -1.2% 59.3% 77.7%
US Market 2.4% -11% -19.4% -10% 9.6% 21.1%
1 Year Return vs Industry and Market
  • SABR underperformed the IT industry which returned -1.2% over the past year.
  • SABR underperformed the Market in United States of America which returned -10% over the past year.
Price Volatility
SABR
Industry
5yr Volatility vs Market

SABR Value

 Is Sabre undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Sabre to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Sabre.

NasdaqGS:SABR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 8 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 12.6%
Perpetual Growth Rate 10-Year US Government Bond Rate 1.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqGS:SABR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 1.7%
Equity Risk Premium S&P Global 5.4%
IT Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.934 (1 + (1- 21%) (216.04%))
2.023
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.74% + (2 * 5.44%)
12.62%

Discounted Cash Flow Calculation for NasdaqGS:SABR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Sabre is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqGS:SABR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 12.62%)
2020 121.00 Analyst x1 107.44
2021 340.20 Analyst x5 268.23
2022 582.00 Analyst x2 407.45
2023 631.00 Analyst x2 392.25
2024 764.00 Analyst x1 421.71
2025 861.61 Est @ 12.78% 422.29
2026 943.16 Est @ 9.46% 410.46
2027 1,010.57 Est @ 7.15% 390.52
2028 1,066.40 Est @ 5.53% 365.92
2029 1,113.21 Est @ 4.39% 339.17
Present value of next 10 years cash flows $3,525.00
NasdaqGS:SABR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $1,113.21 × (1 + 1.74%) ÷ (12.62% – 1.74%)
$10,409.79
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $10,409.79 ÷ (1 + 12.62%)10
$3,171.66
NasdaqGS:SABR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $3,525.00 + $3,171.66
$6,696.66
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $6,696.66 / 273.76
$24.46
NasdaqGS:SABR Discount to Share Price
Calculation Result
Value per share (USD) From above. $24.46
Current discount Discount to share price of $5.80
= -1 x ($5.80 - $24.46) / $24.46
76.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Sabre is available for.
Intrinsic value
>50%
Share price is $5.8 vs Future cash flow value of $24.46
Current Discount Checks
For Sabre to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Sabre's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Sabre's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Sabre's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Sabre's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqGS:SABR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in USD $0.58
NasdaqGS:SABR Share Price ** NasdaqGS (2020-04-07) in USD $5.8
United States of America IT Industry PE Ratio Median Figure of 71 Publicly-Listed IT Companies 24.84x
United States of America Market PE Ratio Median Figure of 2,948 Publicly-Listed Companies 12.95x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Sabre.

NasdaqGS:SABR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqGS:SABR Share Price ÷ EPS (both in USD)

= 5.8 ÷ 0.58

9.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sabre is good value based on earnings compared to the US IT industry average.
  • Sabre is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Sabre's expected growth come at a high price?
Raw Data
NasdaqGS:SABR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 9.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts
22.1%per year
United States of America IT Industry PEG Ratio Median Figure of 60 Publicly-Listed IT Companies 1.89x
United States of America Market PEG Ratio Median Figure of 2,010 Publicly-Listed Companies 0.92x

*Line of best fit is calculated by linear regression .

NasdaqGS:SABR PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 9.92x ÷ 22.1%

0.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sabre is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Sabre's assets?
Raw Data
NasdaqGS:SABR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in USD $3.43
NasdaqGS:SABR Share Price * NasdaqGS (2020-04-07) in USD $5.8
United States of America IT Industry PB Ratio Median Figure of 116 Publicly-Listed IT Companies 2.88x
United States of America Market PB Ratio Median Figure of 5,162 Publicly-Listed Companies 1.26x
NasdaqGS:SABR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqGS:SABR Share Price ÷ Book Value per Share (both in USD)

= 5.8 ÷ 3.43

1.69x

* Primary Listing of Sabre.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Sabre is good value based on assets compared to the US IT industry average.
X
Value checks
We assess Sabre's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. Sabre has a total score of 6/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

SABR Future Performance

 How is Sabre expected to perform in the next 1 to 3 years based on estimates from 8 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
22.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Sabre expected to grow at an attractive rate?
  • Sabre's earnings growth is expected to exceed the low risk savings rate of 1.7%.
Growth vs Market Checks
  • Sabre's earnings growth is expected to exceed the United States of America market average.
  • Sabre's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqGS:SABR Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqGS:SABR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 8 Analysts 22.1%
NasdaqGS:SABR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 8 Analysts 3%
United States of America IT Industry Earnings Growth Rate Market Cap Weighted Average 16.4%
United States of America IT Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqGS:SABR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqGS:SABR Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-12-31
2023-12-31 4,672 837 375 1
2022-12-31 4,172 746 285 3
2021-12-31 3,756 424 4 8
2020-12-31 2,831 250 -318 8
2020-04-08
NasdaqGS:SABR Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-12-31 3,975 579 160
2019-09-30 3,957 608 235
2019-06-30 3,944 641 240
2019-03-31 3,928 681 305
2018-12-31 3,867 723 336
2018-09-30 3,825 758 332
2018-06-30 3,755 737 354
2018-03-31 3,672 746 257
2017-12-31 3,598 673 244
2017-09-30 3,546 715 193
2017-06-30 3,485 704 142
2017-03-31 3,429 665 222

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Sabre's earnings are expected to grow significantly at over 20% yearly.
  • Sabre's revenue is expected to grow by 3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqGS:SABR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below

All data from Sabre Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SABR Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-12-31
2023-12-31 1.34 1.34 1.34 1.00
2022-12-31 1.01 1.01 1.01 1.00
2021-12-31 0.13 0.40 -0.34 3.00
2020-12-31 -1.36 -0.92 -1.97 4.00
2020-04-08
NasdaqGS:SABR Past Financials Data
Date (Data in USD Millions) EPS *
2019-12-31 0.58
2019-09-30 0.86
2019-06-30 0.87
2019-03-31 1.11
2018-12-31 1.22
2018-09-30 1.21
2018-06-30 1.28
2018-03-31 0.93
2017-12-31 0.88
2017-09-30 0.69
2017-06-30 0.51
2017-03-31 0.80

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Sabre is expected to make outstanding use of shareholders’ funds in the future (Return on Equity greater than 40%).
X
Future performance checks
We assess Sabre's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Sabre has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

SABR Past Performance

  How has Sabre performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Sabre's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Sabre's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Sabre's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Sabre's 1-year earnings growth is negative, it can't be compared to the US IT industry average.
Earnings and Revenue History
Sabre's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Sabre Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqGS:SABR Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 3,974.99 160.36 560.11
2019-09-30 3,957.49 235.08 542.00
2019-06-30 3,943.58 240.01 532.52
2019-03-31 3,927.95 305.01 510.90
2018-12-31 3,866.96 335.79 501.94
2018-09-30 3,824.89 331.71 503.91
2018-06-30 3,755.21 353.89 511.75
2018-03-31 3,671.50 257.13 522.55
2017-12-31 3,598.48 244.46 534.21
2017-09-30 3,546.24 192.54 557.73
2017-06-30 3,484.62 142.23 572.44
2017-03-31 3,429.20 221.61 582.22
2016-12-31 3,373.39 237.01 578.75
2016-09-30 3,302.22 235.68 569.83
2016-06-30 3,248.24 316.91 561.12
2016-03-31 3,110.09 274.31 537.03
2015-12-31 2,960.90 231.07 516.68
2015-09-30 2,848.58 243.21 483.13
2015-06-30 2,736.06 161.27 451.23
2015-03-31 2,675.35 133.28 456.32
2014-12-31 2,631.42 96.76 449.02
2014-09-30 2,205.42 202.17 136.89
2014-06-30 2,308.77 154.78 223.09
2014-03-31 2,430.62 38.29 310.07
2013-12-31 2,523.55 12.50 402.51
2013-09-30 2,950.28 -596.29 855.70

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Sabre has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Sabre used its assets less efficiently than the US IT industry average last year based on Return on Assets.
  • Sabre's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Sabre's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Sabre has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

SABR Health

 How is Sabre's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Sabre's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Sabre is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Sabre's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Sabre's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Sabre Company Filings, last reported 3 months ago.

NasdaqGS:SABR Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 947.67 3,352.49 436.18
2019-09-30 956.11 3,373.21 473.43
2019-06-30 919.69 3,389.18 396.85
2019-03-31 965.60 3,388.11 461.22
2018-12-31 974.27 3,405.90 512.94
2018-09-30 937.94 3,421.66 450.08
2018-06-30 881.53 3,435.60 374.12
2018-03-31 846.00 3,449.62 363.96
2017-12-31 698.50 3,441.75 361.38
2017-09-30 645.09 3,480.70 268.92
2017-06-30 649.83 3,500.10 307.12
2017-03-31 670.72 3,513.10 287.97
2016-12-31 625.62 3,453.87 364.11
2016-09-30 753.30 3,448.32 324.62
2016-06-30 712.69 3,276.52 68.31
2016-03-31 652.59 3,309.29 111.70
2015-12-31 484.14 3,373.39 321.13
2015-09-30 458.74 3,136.66 132.70
2015-06-30 309.09 3,203.86 578.03
2015-03-31 286.78 3,087.39 458.56
2014-12-31 84.38 3,062.44 155.68
2014-09-30 69.05 3,087.86 157.75
2014-06-30 50.48 3,095.90 252.38
2014-03-31 -312.93 3,718.47 286.36
2013-12-31 -317.69 3,741.20 308.24
2013-09-30 -387.00 3,751.04 491.59
  • Sabre's level of debt (353.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (3535.3% vs 353.8% today).
  • Debt is not well covered by operating cash flow (17.3%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.4x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Sabre's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Sabre has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

SABR Dividends

 What is Sabre's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.66%
Current annual income from Sabre dividends. Estimated to be 6.08% next year.
If you bought $2,000 of Sabre shares you are expected to receive $193 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Sabre's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.93%).
  • Sabre's dividend is above the markets top 25% of dividend payers in United States of America (5.46%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqGS:SABR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 8 Analyst Estimates (S&P Global) See Below
United States of America IT Industry Average Dividend Yield Market Cap Weighted Average of 34 Stocks 1.5%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1935 Stocks 2.9%
United States of America Minimum Threshold Dividend Yield 10th Percentile 1.1%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.9%
United States of America Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqGS:SABR Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-12-31
2023-12-31
2022-12-31
2021-12-31 0.56 1.00
2020-12-31 0.28 3.00
2020-04-08
NasdaqGS:SABR Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-12-10 0.560 4.692
2019-07-23 0.560 2.456
2019-04-23 0.560 2.582
2018-11-28 0.560 2.500
2018-07-24 0.560 2.235
2018-05-23 0.560 2.196
2018-05-01 0.560 2.386
2017-11-02 0.560 2.720
2017-10-31 0.560 2.916
2017-05-24 0.560 2.837
2017-05-02 0.560 2.337
2017-02-17 0.560 2.563
2017-02-07 0.560 2.551
2016-11-30 0.520 2.076
2016-07-27 0.520 1.947
2016-05-25 0.520 1.869
2016-04-28 0.520 1.827
2016-02-19 0.520 1.853
2016-02-09 0.520 1.975
2015-11-10 0.360 1.319
2015-07-28 0.360 1.274
2015-04-29 0.360 1.426
2015-02-06 0.360 1.557
2014-10-29 0.360 1.874
2014-08-07 0.360 2.030
2014-05-15 0.360 1.899

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, Sabre has been paying a dividend for less than 10 years.
  • Dividend payments have increased, but Sabre only paid a dividend in the past 6 years.
Current Payout to shareholders
What portion of Sabre's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2x coverage).
X
Income/ dividend checks
We assess Sabre's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Sabre afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Sabre has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

SABR Management

 What is the CEO of Sabre's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Sean Menke
COMPENSATION $8,785,089
AGE 50
TENURE AS CEO 3.3 years
CEO Bio

Mr. Sean E. Menke has been the Chief Executive Officer, President and Director of Sabre Corporation since December 31, 2016. Mr. Menke served as the President of Sabre Travel Network since October 12, 2015 until January 30, 2017. Mr. Menke served as an Executive Vice President and President at Travel Network at Sabre Corporation from October 5, 2015 to December 31, 2016. Mr. Menke is accountable for Sabre's global distribution system, the world's leading travel marketplace. He served as an Airline Chief Executive Officer and Information Technology Executive and has a deep aviation, travel and technology industry experience and also has a proven track record of driving sustainable top-line growth. He served as the Chief Operations Officer and Executive Vice President of Hawaiian Holdings Inc. and Hawaiian Airlines, Inc. from October 20, 2014 to September 18, 2015. Mr. Menke had direct oversight of the airline's flight operations, in-flight services, customer service, maintenance and engineering, safety and regulatory security, operations planning and scheduling and performance engineering and operations analytics. He served as an Executive Vice President of Resources at IHS Inc. from April 2013 to October 1, 2014. He served as the Chief Commercial Officer and Senior Vice President of The Air Canada Centre. He has more than 20 years of experience in executive leadership roles in the travel and technology industries. He is an accomplished senior executive and innovative change agent with a proven track record of transforming complex issues into strategic initiatives that improve operational efficiency. Distinguished as a hands-on operational leader, he has significant depth in commercial and operating leadership roles. Mr. Menke served as President and Chief Executive Officer of Pinnacle Airlines Corp. from June 29, 2011 to June 1, 2012. Mr. Menke was responsible for providing strategic direction for the three airlines flying as Delta Connection, United Express and US Airways Express. He is a visionary Executive with great experience in commercial, operational and financial areas of both mainline and regional airlines. Mr. Menke served as the Chief Marketing Officer and Executive Vice President of Republic Airways Holdings Inc. from October 2009 to April 2010. Mr. Menke was responsible for all aspects of strategy, planning, sales, marketing, distribution and customer experience for both the Frontier and Midwest branded businesses. Mr. Menke served as the Chief Executive Officer and the President of Frontier Airlines Holdings, Inc. since September 7, 2007, where he helped position it as one of the lowest cost and most efficient airlines in North America. He served as an Executive Vice President of Commercial Strategy at Air Canada, a subsidiary of Ace Aviation Holdings Inc., from June 2007 to August 2007, Executive Vice President and Chief Commercial Officer from July 2005 to June 2007 and Executive Vice President of Strategy since May 22, 2007. Mr. Menke served as a Senior Vice President of Ace Aviation Holdings Inc. since June 16, 2005 and was responsible for all commercial aspects of Air Canada's worldwide operations, including marketing, sales, scheduling, brand, research and product development, international affairs, alliances and Jetz, the carrier's specialty charter service. Mr. Menke served as the Chief Operating Officer and Senior Vice President of Frontier Airlines Holdings Inc. from July 2004 to March 31, 2005. He served as Senior Vice President of Marketing at Frontier Airlines Holdings Inc. from November 14, 2003 to June 2004 and served as its Vice President of Marketing & Planning from June 2000 to November 2003. Mr. Menke served as a Director of Planning and Scheduling at Frontier Airlines Holdings. He served Vice President positions in planning and revenue management at Frontier. He joined Frontier Airlines in 1999 from United Airlines, where he served as a Senior Planner of Domestic Scheduling. From 1995 to 1998, he served at Western Pacific Airlines as a Director of Planning and a Manager of Economic Analysis. From 1992 to 1995, he held various positions at America West Airlines, including Senior Analyst of Market Development; Economic Analyst and Customer Service Supervisor. He served as a Director of Pinnacle Airlines Corp until June 1, 2012. He served as a Director of Frontier Airlines Holdings, Inc. since September 7, 2007. He is a Proven Leader. Mr. Menke holds an Executive MBA from the Daniels College of Business at the University of Denver in 2001 and dual Bachelor of Science Degrees in Economics and Aviation Management from Ohio State University in 1992. He served as managing partner of Vista Strategic Group, LLC, a consulting firm, from 2012 to 2013 and from 2010 to 2011.

CEO Compensation
  • Sean's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Sean's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Sabre management team in years:

2.8
Average Tenure
52.5
Average Age
  • The tenure for the Sabre management team is about average.
Management Team

Sean Menke

TITLE
President
COMPENSATION
$9M
AGE
50
TENURE
3.3 yrs

Doug Barnett

TITLE
Executive VP & CFO
COMPENSATION
$4M
AGE
59
TENURE
1.8 yrs

Cem Tanyel

TITLE
Executive VP & President of Airline Solutions
COMPENSATION
$2M
AGE
49
TENURE
1.6 yrs

Judson Jones

TITLE
Executive VP & President of Travel Network
COMPENSATION
$3M
AGE
53
TENURE
5.2 yrs

Dave Shirk

TITLE
Executive VP & President of Travel Solutions
COMPENSATION
$4M
AGE
52
TENURE
2.8 yrs

Michael Gilliland

TITLE
Chairman Emeritus and Adviser
COMPENSATION
$2M
AGE
56
TENURE
6.1 yrs

Joe DiFonzo

TITLE
Chief Information Officer
AGE
53
TENURE
2.8 yrs

Kevin Crissey

TITLE
Vice President of Investor Relations

Aimee Williams-Ramey

TITLE
Senior VP & General Counsel
TENURE
1.8 yrs

Kristin Hays

TITLE
Vice President of Global Communications
AGE
48
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the Sabre board of directors in years:

5.7
Average Tenure
55
Average Age
  • The tenure for the Sabre board of directors is about average.
Board of Directors

Karl Peterson

TITLE
Independent Chairman
COMPENSATION
$270K
AGE
48
TENURE
0.3 yrs

Sean Menke

TITLE
President
COMPENSATION
$9M
AGE
50
TENURE
3.3 yrs

Michael Gilliland

TITLE
Chairman Emeritus and Adviser
COMPENSATION
$2M
AGE
56
TENURE
6.1 yrs

Gary Kusin

TITLE
Independent Director
COMPENSATION
$280K
AGE
68
TENURE
13.1 yrs

Judy Odom

TITLE
Independent Director
COMPENSATION
$280K
AGE
66
TENURE
6.1 yrs

Larry Kellner

TITLE
Independent Director
COMPENSATION
$903K
AGE
60
TENURE
6.7 yrs

Joe Osnoss

TITLE
Independent Director
COMPENSATION
$280K
AGE
41
TENURE
13.1 yrs

George Bravante

TITLE
Independent Director
COMPENSATION
$265K
AGE
60
TENURE
5.3 yrs

Renée James

TITLE
Independent Director
COMPENSATION
$275K
AGE
54
TENURE
4.7 yrs

Zane Rowe

TITLE
Independent Director
COMPENSATION
$270K
AGE
48
TENURE
3.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
09. Sep 19 Sell Jay Jones Individual 06. Sep 19 06. Sep 19 -4,300 $23.74 $-102,086
X
Management checks
We assess Sabre's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Sabre has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

SABR News

Simply Wall St News

Here's How P/E Ratios Can Help Us Understand Sabre Corporation (NASDAQ:SABR)

We'll apply a basic P/E ratio analysis to Sabre Corporation's (NASDAQ:SABR), to help you decide if the stock is worth further research. … The formula for price to earnings is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for Sabre: P/E of 27.09 = $23.64 ÷ $0.87 (Based on the year to June 2019.) Is A High P/E Ratio Good? … The higher the P/E ratio, the higher the price tag of a business, relative to its trailing earnings.

Simply Wall St -

The Sabre (NASDAQ:SABR) Share Price Has Gained 34% And Shareholders Are Hoping For More

Unfortunately for shareholders, while the Sabre Corporation (NASDAQ:SABR) share price is up 34% in the last five years, that's less than the market return. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … This EPS growth is lower than the 6.1% average annual increase in the share price.

Simply Wall St -

What Does Sabre Corporation’s (NASDAQ:SABR) 11% ROCE Say About The Business?

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Sabre: 0.11 = US$531m ÷ (US$5.9b - US$1.1b) (Based on the trailing twelve months to March 2019.) So, Sabre has an ROCE of 11%. … How Sabre's Current Liabilities Impact Its ROCE Current liabilities include invoices, such as supplier payments, short-term debt, or a tax bill, that need to be paid within 12 months. … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Need To Know: Sabre Corporation (NASDAQ:SABR) Insiders Have Been Selling Shares

So shareholders might well want to know whether insiders have been buying or selling shares in Sabre Corporation (NASDAQ:SABR). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' Check out our latest analysis for Sabre The Last 12 Months Of Insider Transactions At Sabre Over the last year, we can see that the biggest insider sale was by the , Jami Kindle, for US$227k worth of shares, at about US$26.05 per share. … Over the last year we saw more insider selling of Sabre shares, than buying.

Simply Wall St -

Why Sabre Corporation (NASDAQ:SABR) Looks Like A Quality Company

The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Sabre: 32% = US$305m ÷ US$966m (Based on the trailing twelve months to March 2019.) Most readers would understand what net profit is, but it’s worth explaining the concept of shareholders’ equity. … Combining Sabre's Debt And Its 32% Return On Equity We think Sabre uses a lot of debt to boost returns, as it has a relatively high debt to equity ratio of 3.53. … In my book the highest quality companies have high return on equity, despite low debt.

Simply Wall St -

Is Sabre Corporation (NASDAQ:SABR) Overpaying Its CEO?

According to our data, Sabre Corporation has a market capitalization of US$5.9b, and pays its CEO total annual compensation worth US$11m. … It would therefore appear that Sabre Corporation pays Sean Menke more than the median CEO remuneration at companies of a similar size, in the same market. … We compared the total CEO remuneration paid by Sabre Corporation, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Is There An Opportunity With Sabre Corporation's (NASDAQ:SABR) 24% Undervaluation?

Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to today's value. … A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, and so the sum of these future cash flows is then discounted to today's value: 10-year free cash flow (FCF) forecast 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Levered FCF ($, Millions) $467.00 $494.40 $555.50 $605.34 $648.31 $685.84 $719.25 $749.66 $777.99 $804.95 Growth Rate Estimate Source Analyst x5 Analyst x5 Analyst x2 Est @ 8.97% Est @ 7.1% Est @ 5.79% Est @ 4.87% Est @ 4.23% Est @ 3.78% Est @ 3.46% Present Value ($, Millions) Discounted @ 11.04% $420.56 $400.95 $405.70 $398.14 $384.00 $365.83 $345.49 $324.29 $303.08 $282.39 Present Value of 10-year Cash Flow (PVCF)= $3.63b "Est" = FCF growth rate estimated by Simply Wall St We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. … NasdaqGS:SABR Intrinsic value, May 28th 2019 The assumptions We would point out that the most important inputs to a discounted cash flow are the discount rate and of course the actual cash flows.

Simply Wall St -

Is Sabre Corporation's (NASDAQ:SABR) Future Growth Already Accounted For In Today's Price?

However, since Sabre is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio. … A PE ratio of 18.03x and expected year-on-year earnings growth of 16% give Sabre an acceptable PEG ratio of 1.16x. … So, when we include the growth factor in our analysis, Sabre appears slightly overvalued , based on its fundamentals.

Simply Wall St -

Do You Like Sabre Corporation (NASDAQ:SABR) At This P/E Ratio?

We'll look at Sabre Corporation's (NASDAQ:SABR) P/E ratio and reflect on what it tells us about the company's share price. … Looking at earnings over the last twelve months, Sabre has a P/E ratio of 18.74. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Is Sabre Corporation (NASDAQ:SABR) A Smart Choice For Dividend Investors?

Dividend paying stocks like Sabre Corporation (NASDAQ:SABR) tend to be popular with investors, and for good reason - some research shows that a significant amount of all stock market returns come from reinvested dividends. … Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. … Investors might not know much about Sabre's dividend prospects, even though it has been paying dividends for the last five years and offers a 2.6% yield.

Simply Wall St -

SABR Company Info

Description

Sabre Corporation, through its subsidiary, Sabre Holdings Corporation, provides technology solutions to the travel and tourism industry worldwide. It operates in three segments: Travel Network, Airline Solutions, and Hospitality Solutions. The Travel Network segment operates as a business-to-business travel marketplace that offers travel content, such as inventory, prices, and availability from a range of travel suppliers, including airlines, hotels, car rental brands, rail carriers, cruise lines, and tour operators with a network of travel buyers comprising online and offline travel agencies, travel management companies, and corporate travel departments. The Airline Solutions segment provides a portfolio of software technology products and solutions through software-as-a-service (SaaS) and hosted delivery models to airlines and other travel suppliers. Its products include SabreSonic Customer Sales & Service, a reservation system that provides capabilities around managing sales and customer service across an airline’s touch points; Sabre AirVision Marketing & Planning, a set of airline commercial planning solutions; and Sabre AirCentre Enterprise Operations, a set of solutions for planning and management of airline, airport, and customer operations. The Hospitality Solutions segment provides software and solutions to hoteliers through SaaS and hosted delivery model. It offers SynXis, a central reservation system; SynXis Property Manager Solution for property management; and marketing, professional, and revenue management services. The company was founded in 2006 and is headquartered in Southlake, Texas.

Details
Name: Sabre Corporation
SABR
Exchange: NasdaqGS
Founded: 2006
$1,587,785,130
273,756,057
Website: http://www.sabre.com
Address: Sabre Corporation
3150 Sabre Drive,
Southlake,
Texas, 76092,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqGS SABR Class A Common Stock Nasdaq Global Select US USD 17. Apr 2014
DB 19S Class A Common Stock Deutsche Boerse AG DE EUR 17. Apr 2014
BRSE 19S Class A Common Stock Berne Stock Exchange CH CHF 17. Apr 2014
Number of employees
Current staff
Staff numbers
9,250
Sabre employees.
Industry
Data Processing and Outsourced Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/08 10:06
End of day share price update: 2020/04/07 00:00
Last estimates confirmation: 2020/04/07
Last earnings filing: 2020/02/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.