Corporate Travel Management Ltd

CTD: XASX (AUS)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	A$43.00	Bstsm	Symsxwz

Corporate Travel: Synchronized Recovery Emerging Despite Uncertain Economic Backdrop

Brian Han

Nov 20, 2023

Shares in Corporate Travel remain undervalued, trading at a 15% discount to our unchanged AUD 22.50 fair value estimate. Recent developments support our earnings expectations driving this intrinsic assessment.

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