(AC) Accor S. A. - Ratings and Ratios
Hotels, Hotel Management, Hotel Booking, Concierge Services, Luxury Residences
Description: AC Accor S. A.
Accor S.A. (PA:AC) is a global hospitality company operating a diverse portfolio of hotel brands across various segments, including Premium, Midscale and Economy, and Luxury & Lifestyle. The companys extensive brand portfolio includes well-known names such as Ibis, Novotel, Mercure, Sofitel, Raffles, and Fairmont, among others.
With a presence in multiple regions, including Europe, North Africa, the Middle East, Africa, the Asia-Pacific, the Americas, and China, Accor S.A. has established itself as a significant player in the global hotel industry. The companys business model encompasses a range of activities, including hotel ownership, leasing, management, and franchising, as well as provision of ancillary services such as catering, event management, and digital services.
To assess Accor S.A.s performance, key performance indicators (KPIs) such as Revenue per Available Room (RevPAR), Average Daily Rate (ADR), and Occupancy Rate can be considered. These metrics provide insights into the companys ability to generate revenue and maintain profitability. Additionally, metrics such as EBITDA margin, debt-to-equity ratio, and return on invested capital (ROIC) can be used to evaluate the companys financial health and operational efficiency.
From a valuation perspective, Accor S.A.s Price-to-Earnings (P/E) ratio of 20.33 and Forward P/E ratio of 16.26 suggest that the companys stock may be moderately valued relative to its earnings. The companys Return on Equity (RoE) of 27.24% indicates a strong ability to generate returns for shareholders. Furthermore, the companys Market Capitalization of 11.354 billion EUR underscores its significant size and market presence.
AC Stock Overview
| Market Cap in USD | 11,642m |
| Sub-Industry | Hotels, Resorts & Cruise Lines |
| IPO / Inception |
AC Stock Ratings
| Growth Rating | 65.7% |
| Fundamental | 80.4% |
| Dividend Rating | 63.2% |
| Return 12m vs S&P 500 | -8.10% |
| Analyst Rating | - |
AC Dividends
| Dividend Yield 12m | 2.95% |
| Yield on Cost 5y | 6.11% |
| Annual Growth 5y | 6.01% |
| Payout Consistency | 86.4% |
| Payout Ratio | 56.3% |
AC Growth Ratios
| Growth Correlation 3m | -65.6% |
| Growth Correlation 12m | 23.8% |
| Growth Correlation 5y | 76.9% |
| CAGR 5y | 28.91% |
| CAGR/Max DD 3y | 1.02 |
| CAGR/Mean DD 3y | 7.74 |
| Sharpe Ratio 12m | 1.15 |
| Alpha | 0.00 |
| Beta | 0.860 |
| Volatility | 24.35% |
| Current Volume | 701k |
| Average Volume 20d | 630.3k |
| Stop Loss | 39.8 (-3%) |
| Signal | -0.62 |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (1.21b TTM) > 0 and > 6% of Revenue (6% = 660.3m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 5.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 2.97% (prev 13.88%; Δ -10.91pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 1.56b > Net Income 1.21b (YES >=105%, WARN >=100%) |
| Net Debt (3.15b) to EBITDA (2.22b) ratio: 1.42 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (291.2m) change vs 12m ago 9.95% (target <= -2.0% for YES) |
| Gross Margin 33.48% (prev 44.51%; Δ -11.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 94.47% (prev 47.53%; Δ 46.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.32 (EBITDA TTM 2.22b / Interest Expense TTM 307.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.09
| (A) 0.03 = (Total Current Assets 3.08b - Total Current Liabilities 2.75b) / Total Assets 11.83b |
| (B) 0.14 = Retained Earnings (Balance) 1.66b / Total Assets 11.83b |
| (C) 0.14 = EBIT TTM 1.63b / Avg Total Assets 11.65b |
| (D) 0.48 = Book Value of Equity 3.42b / Total Liabilities 7.06b |
| Total Rating: 2.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.43
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 7.58% = 3.79 |
| 3. FCF Margin 8.56% = 2.14 |
| 4. Debt/Equity 0.85 = 2.15 |
| 5. Debt/Ebitda 1.67 = 0.64 |
| 6. ROIC - WACC (= 9.28)% = 11.60 |
| 7. RoE 27.29% = 2.27 |
| 8. Rev. Trend 48.27% = 3.62 |
| 9. EPS Trend 54.32% = 2.72 |
What is the price of AC shares?
Over the past week, the price has changed by +1.11%, over one month by -8.39%, over three months by -4.56% and over the past year by +8.93%.
Is Accor S. A. a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AC is around 43.76 EUR . This means that AC is currently overvalued and has a potential downside of 6.63%.
Is AC a buy, sell or hold?
What are the forecasts/targets for the AC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 52.6 | 28% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 48.2 | 17.4% |
AC Fundamental Data Overview
Market Cap EUR = 9.85b (9.85b EUR * 1.0 EUR.EUR)
CCE Cash And Equivalents = 1.14b EUR (last quarter)
P/E Trailing = 18.3973
P/E Forward = 13.369
P/S = 1.7365
P/B = 2.2312
P/EG = 0.9091
Beta = 1.085
Revenue TTM = 11.01b EUR
EBIT TTM = 1.63b EUR
EBITDA TTM = 2.22b EUR
Long Term Debt = 3.13b EUR (from longTermDebt, last quarter)
Short Term Debt = 575.0m EUR (from shortTermDebt, last quarter)
Debt = 3.70b EUR (Calculated: Short Term 575.0m + Long Term 3.13b)
Net Debt = 3.15b EUR (from netDebt column, last quarter)
Enterprise Value = 12.42b EUR (9.85b + Debt 3.70b - CCE 1.14b)
Interest Coverage Ratio = 5.32 (Ebit TTM 1.63b / Interest Expense TTM 307.0m)
FCF Yield = 7.58% (FCF TTM 942.0m / Enterprise Value 12.42b)
FCF Margin = 8.56% (FCF TTM 942.0m / Revenue TTM 11.01b)
Net Margin = 11.03% (Net Income TTM 1.21b / Revenue TTM 11.01b)
Gross Margin = 33.48% ((Revenue TTM 11.01b - Cost of Revenue TTM 7.32b) / Revenue TTM)
Tobins Q-Ratio = 3.63 (Enterprise Value 12.42b / Book Value Of Equity 3.42b)
Interest Expense / Debt = 1.92% (Interest Expense 71.0m / Debt 3.70b)
Taxrate = 22.71% (193.0m / 850.0m)
NOPAT = 1.26b (EBIT 1.63b * (1 - 22.71%))
Current Ratio = 1.12 (Total Current Assets 3.08b / Total Current Liabilities 2.75b)
Debt / Equity = 0.85 (Debt 3.70b / last Quarter total Stockholder Equity 4.35b)
Debt / EBITDA = 1.67 (Net Debt 3.15b / EBITDA 2.22b)
Debt / FCF = 3.93 (Debt 3.70b / FCF TTM 942.0m)
Total Stockholder Equity = 4.45b (last 4 quarters mean)
RoA = 10.26% (Net Income 1.21b, Total Assets 11.83b )
RoE = 27.29% (Net Income TTM 1.21b / Total Stockholder Equity 4.45b)
RoCE = 21.55% (Ebit 1.63b / (Equity 4.45b + L.T.Debt 3.13b))
RoIC = 16.36% (NOPAT 1.26b / Invested Capital 7.71b)
WACC = 7.08% (E(9.85b)/V(13.56b) * Re(9.19%)) + (D(3.70b)/V(13.56b) * Rd(1.92%) * (1-Tc(0.23)))
Shares Correlation 3-Years: -1.55 | Cagr: 0.98%
Discount Rate = 9.19% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 65.44% ; FCFE base≈686.4m ; Y1≈450.7m ; Y5≈206.1m
Fair Price DCF = 14.25 (DCF Value 3.38b / Shares Outstanding 236.9m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 54.32 | EPS CAGR: 237.4% | SUE: 0.60 | # QB: 0
Revenue Correlation: 48.27 | Revenue CAGR: 6.46% | SUE: 0.0 | # QB: 0