Playa Hotels and Resorts NV (PLYA) Stock Fundamental Analysis
NASDAQ:PLYA - Nasdaq - NL0012170237 - Common Stock - Currency: USD
Overall PLYA gets a fundamental rating of 4 out of 10. We evaluated PLYA against 132 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of PLYA get a neutral evaluation. Nothing too spectacular is happening here. PLYA has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year PLYA was profitable.
In the past year PLYA had a positive cash flow from operations.
In multiple years PLYA reported negative net income over the last 5 years.
PLYA had a positive operating cash flow in 4 of the past 5 years.
1.2 Ratios
PLYA has a Return On Assets (3.36%) which is comparable to the rest of the industry.
PLYA has a better Return On Equity (11.82%) than 73.13% of its industry peers.
PLYA has a Return On Invested Capital (6.62%) which is in line with its industry peers.
PLYA had an Average Return On Invested Capital over the past 3 years of 7.53%. This is significantly below the industry average of 13.91%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 11.82% | ||
| ROIC | 6.62% |
ROA(3y)3.19%
ROA(5y)-1.46%
ROE(3y)11.18%
ROE(5y)-5.37%
ROIC(3y)7.53%
ROIC(5y)N/A
1.3 Margins
PLYA has a better Profit Margin (6.92%) than 61.19% of its industry peers.
With a decent Operating Margin value of 14.20%, PLYA is doing good in the industry, outperforming 64.18% of the companies in the same industry.
In the last couple of years the Operating Margin of PLYA has grown nicely.
PLYA has a Gross Margin of 45.09%. This is comparable to the rest of the industry: PLYA outperforms 43.28% of its industry peers.
In the last couple of years the Gross Margin of PLYA has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 14.2% | ||
| PM (TTM) | 6.92% | ||
| GM | 45.09% |
OM growth 3Y458.08%
OM growth 5Y25.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.69%
GM growth 5Y2.27%
2. Health
2.1 Basic Checks
PLYA has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
The number of shares outstanding for PLYA has been reduced compared to 1 year ago.
The number of shares outstanding for PLYA has been reduced compared to 5 years ago.
Compared to 1 year ago, PLYA has a worse debt to assets ratio.
2.2 Solvency
PLYA has an Altman-Z score of 1.36. This is a bad value and indicates that PLYA is not financially healthy and even has some risk of bankruptcy.
PLYA's Altman-Z score of 1.36 is in line compared to the rest of the industry. PLYA outperforms 47.01% of its industry peers.
PLYA has a debt to FCF ratio of 45.08. This is a negative value and a sign of low solvency as PLYA would need 45.08 years to pay back of all of its debts.
With a Debt to FCF ratio value of 45.08, PLYA is not doing good in the industry: 61.19% of the companies in the same industry are doing better.
PLYA has a Debt/Equity ratio of 2.02. This is a high value indicating a heavy dependency on external financing.
PLYA has a Debt to Equity ratio (2.02) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 45.08 | ||
| Altman-Z | 1.36 |
ROIC/WACC0.91
WACC7.27%
2.3 Liquidity
A Current Ratio of 2.06 indicates that PLYA has no problem at all paying its short term obligations.
PLYA's Current ratio of 2.06 is amongst the best of the industry. PLYA outperforms 84.33% of its industry peers.
PLYA has a Quick Ratio of 1.98. This is a normal value and indicates that PLYA is financially healthy and should not expect problems in meeting its short term obligations.
PLYA's Quick ratio of 1.98 is amongst the best of the industry. PLYA outperforms 84.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.98 |
3. Growth
3.1 Past
PLYA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 11.76%, which is quite good.
The Earnings Per Share has been growing by 97.44% on average over the past years. This is a very strong growth
Looking at the last year, PLYA shows a decrease in Revenue. The Revenue has decreased by -9.86% in the last year.
Measured over the past years, PLYA shows a quite strong growth in Revenue. The Revenue has been growing by 8.08% on average per year.
EPS 1Y (TTM)11.76%
EPS 3YN/A
EPS 5Y97.44%
EPS Q2Q%-7.5%
Revenue 1Y (TTM)-9.86%
Revenue growth 3Y20.64%
Revenue growth 5Y8.08%
Sales Q2Q%-11.09%
3.2 Future
The Earnings Per Share is expected to grow by 14.89% on average over the next years. This is quite good.
The Revenue is expected to grow by 0.84% on average over the next years.
EPS Next Y-13.81%
EPS Next 2Y16.76%
EPS Next 3Y14.89%
EPS Next 5YN/A
Revenue Next Year-2.03%
Revenue Next 2Y2.12%
Revenue Next 3Y0.84%
Revenue Next 5YN/A
3.3 Evolution
The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 23.65, which indicates a rather expensive current valuation of PLYA.
61.94% of the companies in the same industry are more expensive than PLYA, based on the Price/Earnings ratio.
PLYA is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.51, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 16.48, which indicates a correct valuation of PLYA.
Based on the Price/Forward Earnings ratio, PLYA is valued a bit cheaper than 64.93% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PLYA to the average of the S&P500 Index (35.58), we can say PLYA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 16.48 |
4.2 Price Multiples
PLYA's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of PLYA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 69.98 | ||
| EV/EBITDA | 11.84 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PLYA's earnings are expected to grow with 14.89% in the coming years.
PEG (NY)N/A
PEG (5Y)0.24
EPS Next 2Y16.76%
EPS Next 3Y14.89%
5. Dividend
5.1 Amount
No dividends for PLYA!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
13.48
-0.01 (-0.07%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners79.47%
Inst Owner Change0%
Ins Owners10.02%
Ins Owner Change-114.73%
Market Cap1.66B
Analysts50.91
Price Target12.61 (-6.45%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)53.12%
Min EPS beat(2)-0.16%
Max EPS beat(2)106.4%
EPS beat(4)3
Avg EPS beat(4)57.2%
Min EPS beat(4)-0.16%
Max EPS beat(4)106.4%
EPS beat(8)5
Avg EPS beat(8)54.31%
EPS beat(12)8
Avg EPS beat(12)156.79%
EPS beat(16)11
Avg EPS beat(16)103.14%
Revenue beat(2)1
Avg Revenue beat(2)-0.51%
Min Revenue beat(2)-1.8%
Max Revenue beat(2)0.78%
Revenue beat(4)3
Avg Revenue beat(4)0.22%
Min Revenue beat(4)-1.8%
Max Revenue beat(4)0.99%
Revenue beat(8)5
Avg Revenue beat(8)-0.69%
Revenue beat(12)9
Avg Revenue beat(12)1.41%
Revenue beat(16)13
Avg Revenue beat(16)4.42%
PT rev (1m)-1.51%
PT rev (3m)-0.85%
EPS NQ rev (1m)0.55%
EPS NQ rev (3m)-14.62%
EPS NY rev (1m)8.16%
EPS NY rev (3m)0.65%
Revenue NQ rev (1m)-1.45%
Revenue NQ rev (3m)-4.44%
Revenue NY rev (1m)1.17%
Revenue NY rev (3m)-0.08%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.65 | ||
| Fwd PE | 16.48 | ||
| P/S | 1.83 | ||
| P/FCF | 69.98 | ||
| P/OCF | 12.34 | ||
| P/B | 3.13 | ||
| P/tB | 3.55 | ||
| EV/EBITDA | 11.84 |
EPS(TTM)0.57
EY4.23%
EPS(NY)0.82
Fwd EY6.07%
FCF(TTM)0.19
FCFY1.43%
OCF(TTM)1.09
OCFY8.11%
SpS7.36
BVpS4.31
TBVpS3.8
PEG (NY)N/A
PEG (5Y)0.24
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.36% | ||
| ROE | 11.82% | ||
| ROCE | 7.67% | ||
| ROIC | 6.62% | ||
| ROICexc | 7.86% | ||
| ROICexgc | 8.31% | ||
| OM | 14.2% | ||
| PM (TTM) | 6.92% | ||
| GM | 45.09% | ||
| FCFM | 2.62% |
ROA(3y)3.19%
ROA(5y)-1.46%
ROE(3y)11.18%
ROE(5y)-5.37%
ROIC(3y)7.53%
ROIC(5y)N/A
ROICexc(3y)8.79%
ROICexc(5y)N/A
ROICexgc(3y)9.3%
ROICexgc(5y)N/A
ROCE(3y)8.73%
ROCE(5y)N/A
ROICexcg growth 3Y599.79%
ROICexcg growth 5Y44.46%
ROICexc growth 3Y598.01%
ROICexc growth 5Y44.24%
OM growth 3Y458.08%
OM growth 5Y25.45%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y6.69%
GM growth 5Y2.27%
F-Score4
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.02 | ||
| Debt/FCF | 45.08 | ||
| Debt/EBITDA | 5.14 | ||
| Cap/Depr | 139.55% | ||
| Cap/Sales | 12.23% | ||
| Interest Coverage | 1.59 | ||
| Cash Conversion | 64.67% | ||
| Profit Quality | 37.85% | ||
| Current Ratio | 2.06 | ||
| Quick Ratio | 1.98 | ||
| Altman-Z | 1.36 |
F-Score4
WACC7.27%
ROIC/WACC0.91
Cap/Depr(3y)72.58%
Cap/Depr(5y)55.94%
Cap/Sales(3y)6.17%
Cap/Sales(5y)7.1%
Profit Quality(3y)138.68%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)11.76%
EPS 3YN/A
EPS 5Y97.44%
EPS Q2Q%-7.5%
EPS Next Y-13.81%
EPS Next 2Y16.76%
EPS Next 3Y14.89%
EPS Next 5YN/A
Revenue 1Y (TTM)-9.86%
Revenue growth 3Y20.64%
Revenue growth 5Y8.08%
Sales Q2Q%-11.09%
Revenue Next Year-2.03%
Revenue Next 2Y2.12%
Revenue Next 3Y0.84%
Revenue Next 5YN/A
EBIT growth 1Y-31.2%
EBIT growth 3Y573.25%
EBIT growth 5Y35.59%
EBIT Next Year41.26%
EBIT Next 3Y18.24%
EBIT Next 5YN/A
FCF growth 1Y-81.9%
FCF growth 3Y9.76%
FCF growth 5YN/A
OCF growth 1Y-18.97%
OCF growth 3Y56.34%
OCF growth 5Y9.4%