Evolution AB (publ)'s (STO:EVO) Intrinsic Value Is Potentially 70% Above Its Share Price
May 13
Swedish (OMX) Hospitality Industry Analysis
UpdatedMay 15, 2024
DataAggregated Company Financials
Companies17
- 7D-2.2%
- 3M-5.8%
- 1Y-10.0%
- YTD3.5%
Over the last 7 days, the Hospitality industry has dropped 2.2%, driven by a pullback from Evolution of 3.2%. The industry has fallen 10.0% in the last year. Looking forward, earnings are forecast to grow by 16% annually.
Industry Valuation and Performance
Has the Swedish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | kr324.9b | kr81.2b | kr16.3b | 14.4x | 20x | 4x |
| Sat, 13 Apr 2024 | kr343.2b | kr80.3b | kr15.9b | 11.7x | 21.6x | 4.3x |
| Mon, 11 Mar 2024 | kr343.1b | kr78.3b | kr15.3b | 12x | 22.5x | 4.4x |
| Wed, 07 Feb 2024 | kr340.2b | kr78.2b | kr16.2b | 11.7x | 21x | 4.3x |
| Fri, 05 Jan 2024 | kr321.5b | kr82.7b | kr15.5b | 15.3x | 20.7x | 3.9x |
| Sun, 03 Dec 2023 | kr302.5b | kr83.3b | kr15.7b | 15x | 19.3x | 3.6x |
| Tue, 31 Oct 2023 | kr295.7b | kr85.0b | kr17.3b | 14.4x | 17.1x | 3.5x |
| Thu, 28 Sep 2023 | kr299.3b | kr82.5b | kr16.3b | 11.5x | 18.3x | 3.6x |
| Sat, 26 Aug 2023 | kr324.7b | kr84.0b | kr16.8b | 11.4x | 19.3x | 3.9x |
| Mon, 24 Jul 2023 | kr352.7b | kr81.1b | kr16.0b | 14.4x | 22.1x | 4.3x |
| Wed, 21 Jun 2023 | kr577.1b | kr80.0b | kr15.4b | 13.3x | 37.4x | 7.2x |
| Fri, 19 May 2023 | kr583.5b | kr78.1b | kr15.0b | 15x | 38.8x | 7.5x |
| Sun, 16 Apr 2023 | kr358.5b | kr73.3b | kr13.6b | 17.9x | 26.3x | 4.9x |
| Tue, 14 Mar 2023 | kr333.6b | kr73.4b | kr13.7b | 15.6x | 24.3x | 4.5x |
| Thu, 09 Feb 2023 | kr352.8b | kr69.3b | kr13.8b | 16.8x | 25.6x | 5.1x |
| Sat, 07 Jan 2023 | kr303.7b | kr67.7b | kr13.0b | 15.6x | 23.3x | 4.5x |
| Mon, 05 Dec 2022 | kr302.2b | kr66.9b | kr12.8b | 15.3x | 23.6x | 4.5x |
| Wed, 02 Nov 2022 | kr283.9b | kr66.6b | kr12.8b | 17.6x | 22.1x | 4.3x |
| Fri, 30 Sep 2022 | kr244.9b | kr63.2b | kr12.1b | 13.3x | 20.3x | 3.9x |
| Sun, 28 Aug 2022 | kr250.1b | kr63.9b | kr12.8b | 12.3x | 19.5x | 3.9x |
| Tue, 26 Jul 2022 | kr266.5b | kr63.2b | kr12.8b | 13.4x | 20.9x | 4.2x |
| Thu, 23 Jun 2022 | kr263.8b | kr59.4b | kr11.3b | 13.5x | 23.4x | 4.4x |
| Sat, 21 May 2022 | kr279.5b | kr59.1b | kr10.8b | 21.3x | 25.8x | 4.7x |
| Mon, 18 Apr 2022 | kr278.1b | kr57.2b | kr10.7b | 21.7x | 26x | 4.9x |
| Wed, 16 Mar 2022 | kr269.8b | kr56.9b | kr10.5b | 20.9x | 25.7x | 4.7x |
| Fri, 11 Feb 2022 | kr309.2b | kr56.0b | kr10.3b | 21.6x | 30.1x | 5.5x |
| Sun, 09 Jan 2022 | kr321.2b | kr53.8b | kr9.1b | 16.3x | 35.4x | 6x |
| Tue, 07 Dec 2021 | kr266.8b | kr53.4b | kr9.0b | 17.4x | 29.5x | 5x |
| Thu, 04 Nov 2021 | kr373.4b | kr51.9b | kr8.7b | 19.6x | 42.9x | 7.2x |
| Sat, 02 Oct 2021 | kr404.6b | kr51.5b | kr7.0b | 19.1x | 57.7x | 7.9x |
| Mon, 30 Aug 2021 | kr409.3b | kr45.3b | kr9.6b | 18.8x | 42.7x | 9x |
| Tue, 06 Jul 2021 | kr389.7b | kr45.3b | kr9.6b | 22x | 40.6x | 8.6x |
Price to Earnings Ratio
57.5x
Current Industry PE
- Investors are pessimistic on the Swedish Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 20.0x which is lower than its 3-year average PE of 28.9x.
- The 3-year average PS ratio of 5.3x is higher than the industry's current PS ratio of 4.0x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 28% per year over the last three years.
- Revenues for these companies have grown 24% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Consumer Discretionary industry?
| SE Market | 2.15% | |
| Consumer Discretionary | 2.96% | |
| Hospitality | -2.19% | |
| Leisure Facilities | 0.97% | |
| Restaurants | 0% | |
| Casinos and Gaming | -2.31% | |
| Hotels, Resorts and Cruise Lines | -2.43% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry even though it's trading below its 3-year average PE ratio of 63.6x.
- Analysts are expecting annual earnings growth of 11.7%, which is higher than its past year's earnings growth of 6.5% per year.
- Investors are most pessimistic about the Casinos and Gaming industry, which is trading below its 3-year average of 26.1x.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings decline of 21% per year.
- In contrast, the Leisure Facilities industry is expected to see its earnings grow by 12% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| KIND SDB Kindred Group | kr124.40 | 0.2% +kr64.6m | -1.6% | PE37.8x | |
| KAMBI Kambi Group | kr104.20 | 2.1% +kr56.4m | -51.3% | PE18.1x | |
| SHOT Scandic Hotels Group | kr61.10 | 0.2% +kr19.1m | 59.3% | PE22.8x | |
| BETS B Betsson | kr127.60 | 0.08% +kr13.7m | 5.1% | PE8.3x | |
| SKIS B SkiStar | kr157.50 | 0.06% +kr7.8m | 16.8% | PE24.9x |
