ACCOR SA (AC.PA) Stock Fundamental Analysis
EPA:AC - Euronext Paris - Matif - FR0000120404 - Common Stock - Currency: EUR
Taking everything into account, AC scores 5 out of 10 in our fundamental rating. AC was compared to 56 industry peers in the Hotels, Restaurants & Leisure industry. Both the profitability and the financial health of AC get a neutral evaluation. Nothing too spectacular is happening here. AC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
AC had positive earnings in the past year.
AC had a positive operating cash flow in the past year.
Of the past 5 years AC 4 years were profitable.
In multiple years AC reported negative operating cash flow during the last 5 years.
1.2 Ratios
AC has a better Return On Assets (4.77%) than 69.64% of its industry peers.
AC has a better Return On Equity (11.43%) than 75.00% of its industry peers.
Looking at the Return On Invested Capital, with a value of 7.00%, AC is in the better half of the industry, outperforming 62.50% of the companies in the same industry.
AC had an Average Return On Invested Capital over the past 3 years of 6.13%. This is significantly below the industry average of 11.15%.
The 3 year average ROIC (6.13%) for AC is below the current ROIC(7.00%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 11.43% | ||
| ROIC | 7% |
ROA(3y)4.37%
ROA(5y)-1.11%
ROE(3y)10.2%
ROE(5y)-3.52%
ROIC(3y)6.13%
ROIC(5y)N/A
1.3 Margins
AC has a better Profit Margin (10.26%) than 78.57% of its industry peers.
AC's Profit Margin has been stable in the last couple of years.
The Operating Margin of AC (13.90%) is better than 73.21% of its industry peers.
In the last couple of years the Operating Margin of AC has grown nicely.
With an excellent Gross Margin value of 97.61%, AC belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
AC's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 13.9% | ||
| PM (TTM) | 10.26% | ||
| GM | 97.61% |
OM growth 3YN/A
OM growth 5Y2.51%
PM growth 3Y66.47%
PM growth 5Y-0.32%
GM growth 3Y0.02%
GM growth 5Y0.05%
2. Health
2.1 Basic Checks
AC has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, AC has less shares outstanding
AC has less shares outstanding than it did 5 years ago.
AC has a worse debt/assets ratio than last year.
2.2 Solvency
AC has an Altman-Z score of 1.66. This is a bad value and indicates that AC is not financially healthy and even has some risk of bankruptcy.
AC's Altman-Z score of 1.66 is in line compared to the rest of the industry. AC outperforms 53.57% of its industry peers.
The Debt to FCF ratio of AC is 8.54, which is on the high side as it means it would take AC, 8.54 years of fcf income to pay off all of its debts.
AC has a Debt to FCF ratio (8.54) which is comparable to the rest of the industry.
A Debt/Equity ratio of 0.69 indicates that AC is somewhat dependend on debt financing.
AC has a better Debt to Equity ratio (0.69) than 66.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 8.54 | ||
| Altman-Z | 1.66 |
ROIC/WACC1.07
WACC6.52%
2.3 Liquidity
AC has a Current Ratio of 1.05. This is a normal value and indicates that AC is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 1.05, AC is in the better half of the industry, outperforming 60.71% of the companies in the same industry.
AC has a Quick Ratio of 1.04. This is a normal value and indicates that AC is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.04, AC is doing good in the industry, outperforming 69.64% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.04 |
3. Growth
3.1 Past
AC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 25.27%, which is quite impressive.
AC shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 19.16% yearly.
Looking at the last year, AC shows a quite strong growth in Revenue. The Revenue has grown by 10.88% in the last year.
The Revenue has been growing slightly by 6.72% on average over the past years.
EPS 1Y (TTM)25.27%
EPS 3Y134.94%
EPS 5Y19.16%
EPS Q2Q%36.19%
Revenue 1Y (TTM)10.88%
Revenue growth 3Y36.5%
Revenue growth 5Y6.72%
Sales Q2Q%10.28%
3.2 Future
Based on estimates for the next years, AC will show a quite strong growth in Earnings Per Share. The EPS will grow by 11.39% on average per year.
Based on estimates for the next years, AC will show a small growth in Revenue. The Revenue will grow by 6.73% on average per year.
EPS Next Y10.42%
EPS Next 2Y12.82%
EPS Next 3Y13.65%
EPS Next 5Y11.39%
Revenue Next Year7.39%
Revenue Next 2Y6.87%
Revenue Next 3Y6.42%
Revenue Next 5Y6.73%
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.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 18.18, which indicates a rather expensive current valuation of AC.
AC's Price/Earnings ratio is a bit cheaper when compared to the industry. AC is cheaper than 78.57% of the companies in the same industry.
AC is valuated rather cheaply when we compare the Price/Earnings ratio to 26.32, which is the current average of the S&P500 Index.
A Price/Forward Earnings ratio of 16.46 indicates a correct valuation of AC.
Based on the Price/Forward Earnings ratio, AC is valued a bit cheaper than 66.07% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.19, AC is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 16.46 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as AC.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of AC is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 23.69 | ||
| EV/EBITDA | 11.4 |
4.3 Compensation for Growth
The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
The decent profitability rating of AC may justify a higher PE ratio.
AC's earnings are expected to grow with 13.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)1.74
PEG (5Y)0.95
EPS Next 2Y12.82%
EPS Next 3Y13.65%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.82%, AC has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.28, AC pays a better dividend. On top of this AC pays more dividend than 80.36% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, AC has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
5.2 History
The dividend of AC has a limited annual growth rate of 2.40%.
Dividend Growth(5Y)2.4%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
49.74% of the earnings are spent on dividend by AC. This is a bit on the high side, but may be sustainable.
AC's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP49.74%
EPS Next 2Y12.82%
EPS Next 3Y13.65%
EPA:AC (6/18/2025, 5:36:15 PM)
42.36
-0.64 (-1.49%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners62.72%
Inst Owner ChangeN/A
Ins Owners0.23%
Ins Owner ChangeN/A
Market Cap10.38B
Analysts84.8
Price Target54.85 (29.49%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.82% |
Yearly Dividend1.15
Dividend Growth(5Y)2.4%
DP49.74%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0.03%
PT rev (3m)-0.6%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.21%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 18.18 | ||
| Fwd PE | 16.46 | ||
| P/S | 1.85 | ||
| P/FCF | 23.69 | ||
| P/OCF | 14.2 | ||
| P/B | 2.06 | ||
| P/tB | N/A | ||
| EV/EBITDA | 11.4 |
EPS(TTM)2.33
EY5.5%
EPS(NY)2.57
Fwd EY6.07%
FCF(TTM)1.79
FCFY4.22%
OCF(TTM)2.98
OCFY7.04%
SpS22.88
BVpS20.54
TBVpS-2.3
PEG (NY)1.74
PEG (5Y)0.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.77% | ||
| ROE | 11.43% | ||
| ROCE | 8.43% | ||
| ROIC | 7% | ||
| ROICexc | 7.86% | ||
| ROICexgc | 23.01% | ||
| OM | 13.9% | ||
| PM (TTM) | 10.26% | ||
| GM | 97.61% | ||
| FCFM | 7.81% |
ROA(3y)4.37%
ROA(5y)-1.11%
ROE(3y)10.2%
ROE(5y)-3.52%
ROIC(3y)6.13%
ROIC(5y)N/A
ROICexc(3y)7.33%
ROICexc(5y)N/A
ROICexgc(3y)27.2%
ROICexgc(5y)N/A
ROCE(3y)7.36%
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5Y23.36%
ROICexc growth 3YN/A
ROICexc growth 5Y13.35%
OM growth 3YN/A
OM growth 5Y2.51%
PM growth 3Y66.47%
PM growth 5Y-0.32%
GM growth 3Y0.02%
GM growth 5Y0.05%
F-Score7
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.69 | ||
| Debt/FCF | 8.54 | ||
| Debt/EBITDA | 3.09 | ||
| Cap/Depr | 85.92% | ||
| Cap/Sales | 5.23% | ||
| Interest Coverage | 8.03 | ||
| Cash Conversion | 65.27% | ||
| Profit Quality | 76.17% | ||
| Current Ratio | 1.05 | ||
| Quick Ratio | 1.04 | ||
| Altman-Z | 1.66 |
F-Score7
WACC6.52%
ROIC/WACC1.07
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)4.29%
Cap/Sales(5y)5.46%
Profit Quality(3y)86.98%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)25.27%
EPS 3Y134.94%
EPS 5Y19.16%
EPS Q2Q%36.19%
EPS Next Y10.42%
EPS Next 2Y12.82%
EPS Next 3Y13.65%
EPS Next 5Y11.39%
Revenue 1Y (TTM)10.88%
Revenue growth 3Y36.5%
Revenue growth 5Y6.72%
Sales Q2Q%10.28%
Revenue Next Year7.39%
Revenue Next 2Y6.87%
Revenue Next 3Y6.42%
Revenue Next 5Y6.73%
EBIT growth 1Y7.75%
EBIT growth 3YN/A
EBIT growth 5Y9.4%
EBIT Next Year47.23%
EBIT Next 3Y20.91%
EBIT Next 5Y15.75%
FCF growth 1Y-1.35%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y4.73%
OCF growth 3YN/A
OCF growth 5Y32.65%