View ValuationAccor 将来の成長Future 基準チェック /26Accor利益と収益がそれぞれ年間14%と5.4%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に18.3% 14.9%なると予測されています。主要情報14.0%収益成長率14.86%EPS成長率Hospitality 収益成長14.4%収益成長率5.4%将来の株主資本利益率18.30%アナリストカバレッジGood最終更新日30 Apr 2026今後の成長に関する最新情報Price Target Changed • Mar 04Price target increased by 7.1% to €43.69Up from €40.80, the current price target is an average from 19 analysts. New target price is 9.9% above last closing price of €39.74. Stock is up 25% over the past year. The company is forecast to post earnings per share of €1.71 for next year compared to €1.23 last year.Major Estimate Revision • Feb 23Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €1.93 to €2.38. Revenue forecast steady at €5.39b. Net income forecast to shrink 2.5% next year vs 2.8% growth forecast for Hospitality industry in France . Consensus price target up from €40.19 to €41.59. Share price rose 11% to €41.03 over the past week.Price Target Changed • Mar 06Price target increased by 8.5% to €33.76Up from €31.11, the current price target is an average from 18 analysts. New target price is 5.8% above last closing price of €31.89. Stock is up 32% over the past year. The company is forecast to post earnings per share of €1.37 for next year compared to €1.23 last year.Price Target Changed • Feb 28Price target increased by 7.2% to €33.16Up from €30.94, the current price target is an average from 18 analysts. New target price is approximately in line with last closing price of €31.74. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €1.38 for next year compared to €1.23 last year.すべての更新を表示Recent updatesDeclared Dividend • Apr 26Dividend increased to €1.35Dividend of €1.35 is 7.1% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 23Accor SA, Annual General Meeting, May 27, 2026Accor SA, Annual General Meeting, May 27, 2026. Location: 82 rue henri farman, issy les moulineaux Franceナラティブ更新 • Apr 22AC: Mixed Street Revisions Will Support Future Upside From Current PessimismAccor's analyst price target has been adjusted only marginally, with the updated fair value estimate moving from about €55.71 to €55.78, as analysts balance recent target trims at Berenberg, JPMorgan and Jefferies with more supportive views from firms that have highlighted what they see as an overly pessimistic valuation. Analyst Commentary Recent Street research on Accor presents a mix of cautious and constructive views, with price target adjustments moving in both directions and one upgrade that highlights debate around how the shares are valued versus the underlying business.ナラティブ更新 • Apr 06AC: Higher Discount Rate And Refined Earnings Assumptions Will Support Future UpsideAccor's analyst fair value estimate has been trimmed by about €0.96. Analysts cite an updated discount rate and slightly revised assumptions on revenue growth, margins and future P/E as they fine tune models following a mix of recent target cuts and reaffirmed optimistic views on the stock's valuation.お知らせ • Apr 03Blackstone Inc. (NYSE:BX) and Colony Investment Management signed memorandum of understanding to acquire 30.56% stake in Essendi S.A. from Accor SA (ENXTPA:AC) for approximately €980 million.Blackstone Inc. (NYSE:BX) and Colony Investment Management signed memorandum of understanding to acquire 30.56% stake in Essendi S.A. from Accor SA (ENXTPA:AC) for approximately €980 million on April 1, 2026. A cash consideration of €675 million will be paid by Blackstone Inc. and Colony Investment Management. Blackstone Inc. and Colony Investment Management will pay an earnout/contingent payment of €300 million cash. As part of consideration, €975 million is paid towards common equity of Essendi S.A. The transaction is subject to subject to antitrust regulations, approval by regulatory board / committee and definitive agreement. The expected completion of the transaction is third quarter of 2026.Reported Earnings • Mar 30Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.61 (down from €2.34 in FY 2024). Revenue: €5.64b (flat on FY 2024). Net income: €385.0m (down 33% from FY 2024). Profit margin: 6.8% (down from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.ナラティブ更新 • Mar 22AC: Upgraded Rating And Refined Earnings Assumptions Will Support Future UpsideAccor's updated analyst price target shifts modestly in line with a fair value move from about €56.96 to €56.68, as analysts point to recent upgrades and higher Street targets around €52 to €61 as support for a slightly refined view on growth, margins and P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts point to a cluster of higher price targets in the €55 to €61 range as evidence that current valuation assumptions may already reflect cautious scenarios on growth and margins.お知らせ • Mar 11Accor Announces Appointment of Laurent Choain as Global Chief People & Culture Officer, Member of Group Management Board, and Premium, Midscale & Economy Executive CommitteeAccor has appointed Laurent Choain as Global Chief People & Culture Officer and member of the Group Management Board, effective April 1, 2026. He will also serve on the Premium, Midscale & Economy Executive Committee. Choain brings more than 30 years of international human resources leadership experience, with previous senior roles at Forvis Mazars, Groupe Caisse d'Epargne (now BPCE), and Kempinski Hotels & Resorts. He has led corporate universities and management education initiatives with global industry organizations. He is active in governance and advisory roles in the management, human resources, and cultural sectors, holding board memberships at EFMD, Bologna Business School, the Peter Drucker Society of Europe, and the Festival de Ramatuelle. Choain holds a PhD in Management Sciences from Université Paris Panthéon Assas and a Master's degree from Paris Panthéon Sorbonne and Neoma Business School. In his new position, Choain will be responsible for shaping Accor’s talent agenda, focusing on the company’s culture, talent attraction, and development opportunities for employees worldwide.ナラティブ更新 • Mar 07AC: Upgraded Rating And Higher Objectives Will Support Future UpsideThe analyst price target for Accor has been raised from about €55.14 to about €56.96, as analysts cite Street research upgrades and higher price objectives as evidence that prior market expectations may have been overly pessimistic. Analyst Commentary Recent Street research on Accor has been clustered around upward adjustments to price targets and at least one upgrade in rating, pointing to a shift in how the stock's risk and reward profile is being framed.Reported Earnings • Feb 21Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.61 (down from €2.34 in FY 2024). Revenue: €5.64b (flat on FY 2024). Net income: €385.0m (down 33% from FY 2024). Profit margin: 6.8% (down from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.ナラティブ更新 • Feb 19AC: Higher P/E Assumptions And Boardroom Shift Will Support Future UpsideAnalysts have slightly raised their price target for Accor to about €55.14. This reflects updated assumptions on fair value, discount rate, growth, margins, and future P/E that align with recent research pointing to a €4 increase in targets.お知らせ • Feb 07Accor SA Appoints Amitabh Rai As Chief Operating Officer - Luxury, Accor South AsiaAccor SA has announced the appointment of Amitabh Rai as Chief Operating Officer - Luxury, Accor South Asia. In this strategic leadership role, Amitabh will spearhead the operational and strategic direction of Accor's luxury and lifestyle portfolio across South Asia, with a clear focus on delivering distinctive luxury experiences, thoughtful brand curation, and sustained performance excellence for the Raffles, Fairmont, and Sofitel brands.ナラティブ更新 • Feb 05AC: Higher Earnings Execution And Lower Future P/E Are Expected To Support UpsideAnalysts have nudged their price target on Accor slightly higher to €54.81, citing updated assumptions around revenue growth, profitability, and a modestly lower future P/E multiple as key drivers of the change. Analyst Commentary Recent price target adjustments around €54.81 highlight how analysts are refreshing their views on Accor, mainly around revenue assumptions, margin potential, and where the P/E multiple could reasonably sit over time.ナラティブ更新 • Jan 22AC: Higher Forward P/E Assumptions Are Expected To Support Upside PotentialAnalysts have nudged their price target for Accor slightly higher to about €54.69, reflecting modest adjustments to fair value inputs and updated views on growth, margins, and future P/E that are broadly in line with recent target raises cited in Street research. Analyst Commentary Bullish Takeaways Bullish analysts lifting their targets toward the mid €50s see current pricing as supported by updated fair value work, with the revised targets aligning with their refreshed P/E assumptions.分析記事 • Jan 21Is There An Opportunity With Accor SA's (EPA:AC) 35% Undervaluation?Key Insights The projected fair value for Accor is €70.34 based on 2 Stage Free Cash Flow to Equity Accor's €45.57...ナラティブ更新 • Jan 07AC: Higher Margin Outlook Is Expected To Support Stronger Upside PotentialAnalysts have nudged their fair value estimate for Accor higher to about €54.36 from roughly €53.51, citing a slightly higher blend of price targets, such as the recent move to €53, and modestly stronger profit margin assumptions, partly offset by more measured revenue growth expectations. Analyst Commentary Bullish analysts are slightly more constructive after the recent price target move to €53, which sits close to the updated fair value estimate.分析記事 • Jan 03Some Confidence Is Lacking In Accor SA's (EPA:AC) P/EWith a price-to-earnings (or "P/E") ratio of 19.1x Accor SA ( EPA:AC ) may be sending bearish signals at the moment...お知らせ • Dec 20Accor Announces Resignation of Nicolas Sarkozy as Director, Effective December 17, 2025Accor announced that the Board of Directors, meeting on December 17, 2025, acknowledged the resignation of Mr. Nicolas Sarkozy from his position as Director, effective December 17, 2025. Nicolas Sarkozy played a significant role in the transformation and growth of Accor, contributing to the company's influence both in France and internationally.ナラティブ更新 • Dec 14AC: Lower Discount Rate Will Support Stronger Margin OutlookAnalysts have raised their price target on Accor from EUR 52.00 to EUR 53.00, citing a modestly lower discount rate and slightly improved profit margin expectations as key supports for the upward revision. Analyst Commentary Bullish analysts highlight that the higher price target reflects growing confidence in Accor's ability to expand margins and sustain profitable growth, even in a more normalized travel demand environment.分析記事 • Oct 24Is Accor (EPA:AC) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...ナラティブ更新 • Oct 20Expanding Pipeline And Asset-Light Focus Will Boost Global UpsideAccor’s analyst price target has been revised downward by EUR 0.54 to EUR 52.01. Analysts point to modestly reduced revenue growth and fair value expectations, despite stable ratings across the Street.分析記事 • Sep 25Accor (EPA:AC) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...ナラティブ更新 • Sep 05Expanding Pipeline And Asset-Light Focus Will Boost Global UpsideFollowing Accor’s H1 results, analysts tempered earnings and price targets amid reduced visibility and headwinds in associate income and FX, while maintaining a broadly positive long-term outlook, leaving the consensus analyst price target unchanged at €52.55. Analyst Commentary Reduced visibility following Accor’s first half results has led to more cautious outlooks from bearish analysts.分析記事 • Aug 26Shareholders Should Be Pleased With Accor SA's (EPA:AC) PriceIt's not a stretch to say that Accor SA's ( EPA:AC ) price-to-earnings (or "P/E") ratio of 18x right now seems quite...分析記事 • Aug 06Estimating The Intrinsic Value Of Accor SA (EPA:AC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Accor fair value estimate is €49.36 Accor's €41.92 share price...Reported Earnings • Aug 03First half 2025 earnings released: EPS: €0.80 (vs €0.90 in 1H 2024)First half 2025 results: EPS: €0.80. Revenue: €2.75b (up 2.5% from 1H 2024). Net income: €233.0m (up 5.0% from 1H 2024). Profit margin: 8.5% (up from 8.3% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in France.New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (52% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Buy Or Sell Opportunity • Jun 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.2% to €43.26. The fair value is estimated to be €55.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 9.7% per annum over the same time period.Upcoming Dividend • May 26Upcoming dividend of €1.26 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.0%).分析記事 • May 25Accor's (EPA:AC) Dividend Will Be Increased To €1.26Accor SA ( EPA:AC ) will increase its dividend from last year's comparable payment on the 4th of June to €1.26. This...分析記事 • May 22We Think Shareholders Will Probably Be Generous With Accor SA's (EPA:AC) CEO CompensationKey Insights Accor's Annual General Meeting to take place on 28th of May Total pay for CEO Sebastien Marie Bazin...分析記事 • May 14Accor (EPA:AC) Is Doing The Right Things To Multiply Its Share PriceIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...分析記事 • May 14Accor SA (EPA:AC) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedAccor SA ( EPA:AC ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month...Declared Dividend • Apr 24Dividend increased to €1.26Dividend of €1.26 is 6.8% higher than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 17Accor SA, Annual General Meeting, May 28, 2025Accor SA, Annual General Meeting, May 28, 2025. Location: 82 rue henri farman, issy les moulineaux FranceReported Earnings • Mar 31Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €2.34. Revenue: €5.61b (up 11% from FY 2023). Net income: €575.0m (flat on FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Hospitality industry in France.新しいナラティブ • Feb 23Leveraging AI And GAIA 20 For Future Operational Efficiency And Sustainability Accor's strategic use of AI and sustainability initiatives aims to boost operational efficiency and improve long-term margins and brand value. Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €2.34 (up from €2.19 in FY 2023). Revenue: €5.61b (up 11% from FY 2023). Net income: €610.0m (up 5.5% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 18Accor SA to Report Fiscal Year 2024 Results on Feb 20, 2025Accor SA announced that they will report fiscal year 2024 results at 7:30 AM, Central European Standard Time on Feb 20, 2025Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.90 (vs €0.81 in 1H 2023)First half 2024 results: EPS: €0.90 (up from €0.81 in 1H 2023). Revenue: €2.68b (up 11% from 1H 2023). Net income: €222.0m (up 4.2% from 1H 2023). Profit margin: 8.3% (down from 8.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.Buy Or Sell Opportunity • Jul 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €36.18. The fair value is estimated to be €45.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 7.6% per annum over the same time period.Buy Or Sell Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to €38.65. The fair value is estimated to be €48.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.お知らせ • Jun 22Accor SA to Report First Half, 2024 Results on Jul 25, 2024Accor SA announced that they will report first half, 2024 results on Jul 25, 2024Declared Dividend • May 23Dividend of €1.18 announcedShareholders will receive a dividend of €1.18. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.お知らせ • Apr 09Accor SA, Annual General Meeting, May 31, 2024Accor SA, Annual General Meeting, May 31, 2024, at 09:00 Central European Standard Time. Location: 82 rue Henri Farman Issy les Moulineaux Franceお知らせ • Mar 04Travel + Leisure Co. (NYSE:TNL) completed the acquisition of Accor Vacation Club from Accor SA (ENXTPA : AC).Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from Accor SA (ENXTPA : AC) for $48.4 million on January 30, 2024. Upon deal closing, the Accor Vacation Club business line will report into Barry Robinson, president and managing director of international operations for Travel + Leisure Co. Travel + Leisure Co. also receives the exclusive rights to develop new vacation ownership clubs and products utilizing the Accor Vacation Club brand across a region including Asia Pacific, Middle East, Africa and Turkey. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion. Travel + Leisure Co. (NYSE:TNL) completed the acquisition of Accor Vacation Club from Accor SA (ENXTPA : AC) on March 3, 2024. The acquisition is expected to be immediately accretive to Travel + Leisure Co. earnings.Price Target Changed • Mar 04Price target increased by 7.1% to €43.69Up from €40.80, the current price target is an average from 19 analysts. New target price is 9.9% above last closing price of €39.74. Stock is up 25% over the past year. The company is forecast to post earnings per share of €1.71 for next year compared to €1.23 last year.Major Estimate Revision • Feb 23Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €1.93 to €2.38. Revenue forecast steady at €5.39b. Net income forecast to shrink 2.5% next year vs 2.8% growth forecast for Hospitality industry in France . Consensus price target up from €40.19 to €41.59. Share price rose 11% to €41.03 over the past week.Buy Or Sell Opportunity • Feb 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €40.45. The fair value is estimated to be €32.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.お知らせ • Jan 31Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from AAPC Limited for $48.4 million.Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from AAPC Limited for $48.4 million on January 30, 2024. Upon deal closing, the Accor Vacation Club business line will report into Barry Robinson, president and managing director of international operations for Travel + Leisure Co. Travel + Leisure Co. also receives the exclusive rights to develop new vacation ownership clubs and products utilizing the Accor Vacation Club brand across a region including Asia Pacific, Middle East, Africa and Turkey. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion.お知らせ • Jan 23Accor SA to Report Fiscal Year 2023 Results on Feb 22, 2024Accor SA announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Feb 22, 2024お知らせ • Nov 29Accor SA Collaborates with Aws to Deliver Exceptional Guest ExperiencesAt AWS re:Invent,Amazon Web Services Inc. (AWS) announced that Accor S.A. has launched a first-of-its-kind generative artificial intelligence (generative AI) solution using AWS. Incorporating an intuitive conversational interface, Accor's new Travel Assistant will empower guests to find the best experiences according to the style of travel they prefer, transforming the entire booking journey from inspiration to after their stay. Expanding its relationship with AWS, Accor worked closely with experts from AWS Innovation Program, AWS Prototyping, and AWS Professional Services on a customer innovation program to reinvent the guest travel experience, beginning with the Travel Assistant product, which will be incorporated into Accor's booking platform ALL.com. Using Amazon Bedrock, a service that makes multiple foundation models available via an API, and Amazon SageMaker, a fully managed service to build, train, and deploy machine learning (ML) models, this powerful AI platform will replicate an expert travel agent service from initial inspiration through ongoing service following a guest's stay. The Travel Assistant engages guests in a tailored discussion, meticulously crafting and refining a proposal of experiences designed to enhance their journey. Beyond rooms, it unveils activities, special offers, and experiences, such as wellness, food, and beverage choices, that guests might overlook in a traditional search. The Travel Assistant uses the ML and generative AI capabilities of AWS to learn from and pick up on guest preferences, allowing Accor to cater to the needs of multimodal guests, who combine business and leisure experiences into the same trip. Travel Assistant's generative AI can recommend much more than just hotel locations and facilities, by using millions of online sources with information and trusted reviews to compile the most relevant local attractions across shopping, food, and entertainment. This enables Accor to offer guidance and inspiration to guests in the early stages of booking and guide them to its direct booking channels. The technology will streamline the booking process down to a matter of minutes, while increasing conversion rate and revenues and reducing call volumes at Accor's contact center. At the same time, it will further Accor's commitment to enriching its ALL member experience and maintaining top-tier guest satisfaction scores. The Travel Assistant also reflects the commitment of Accor and AWS to the highest data privacy standards. Fully GDPR-compliant, it enables guests to enjoy personalized travel experiences from the start of their booking journeys, trusting that their personal data remains secure.Buying Opportunity • Oct 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €39.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 6.5% per annum over the same time period.お知らせ • Sep 26Accor SA Appoints Herle-Xavier Carn as Senior Vice President Group Safety and SecurityAccor SA announced that Herle-Xavier Carn has been appointed as Senior Vice President Safety and Security, following the departure of Christian Flaesch, who is leaving the Group after nearly 10 years leading the Safety and Security Department. Assuming the role on 01 October 2023, Herle-Xavier will be responsible for crisis management and prevention initiatives across the Group, developing protective measures to ensure the ongoing safety of Accor employees and properties. In this capacity Herle-Xavier will report directly to Steven Daines, Group Chief Talent Culture Officer. Bringing more than 30 years of experience acquired at public and private institutions in France and abroad, Herle-Xavier started his career working at the French Ministry of Defence and then started at the French embassies in Singapore and Thailand. Moving to the private sector Herle-Xavier then spent 17 years with International SOS security group, a leading multinational company specializing in international health and safety risk management, where he held the roles of Vice President and EMEA Regional Security Director. This appointment demonstrates and reinforces Accor's ongoing commitment to the safety of employees, guests and assets across the company's wide reaching and international operations. Herle-Xavier's background providing business resilience solutions to large global corporations positions the group well to respond to evolving threats and vulnerabilities, creating a secure environment for employees and management to deliver industry leading hospitality services and experiences.Buying Opportunity • Sep 12Now 20% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be €42.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.Reported Earnings • Jul 30First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: €0.81 (up from €0.01 loss in 1H 2022). Revenue: €2.40b (up 39% from 1H 2022). Net income: €248.0m (up €251.0m from 1H 2022). Profit margin: 10% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 25Accor in Talks to Buy Out Potel & ChabotAccor SA (ENXTPA:AC) has entered into exclusive talks to acquire the remaining 63% stake in local luxury caterer Potel et Chabot SA from French asset manager Andera Partners. Upon completion of the contemplated transaction, Accor will become the sole owner of Potel & Chabot with the targeted business to be consolidated within the group's Luxury & Lifestyle Division, a statement said July 21, 2023. “By acquiring this distinguished brand, Accor will benefit from an expertise that complements the Group's strategy to deliver augmented hospitality and organize upscale events,” according to the press release.お知らせ • Jul 13Accor SA to Report First Half, 2023 Results on Jul 27, 2023Accor SA announced that they will report first half, 2023 results on Jul 27, 2023お知らせ • Jun 27Mutris entered into an agreement to acquire a 33% stake in Risma (CBSE : RIS) from Accor SA (ENXTPA : AC) for approximately MAD 610 million.Mutris entered into an agreement to acquire a 33% stake in Risma (CBSE : RIS) from Accor SA (ENXTPA : AC) for approximately MAD 610 million on June 26, 2023. The offer price is MAD 130 cash per share. Completion of the transaction is subject to certain regulatory approvals, with the transaction expected to close in the third quarter of 2023.お知らせ • Jun 24The Valesco Group acquired Sequana Tower from Accor SA (ENXTPA:AC) for €460 million.The Valesco Group acquired Sequana Tower from Accor SA (ENXTPA:AC) for €460 million on June 22, 2023.Colliers acted as broker for the transaction. Gide Loyrette Nouel A.A.R.P.I. and Reed Smith Rambaud Charot LLP acted as legal advisors to Accor SA (ENXTPA:AC). Wargny-Katz acted as notary Accor SA (ENXTPA:AC). Clifford Chance acted as legal advisor and PwC acted as accountant to The Valesco Group in the transaction.The Valesco Group completed the acquisition of Sequana Tower from Accor SA (ENXTPA:AC) on June 22, 2023.Upcoming Dividend • May 16Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.7%.Board Change • Mar 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Asma Al-Khulaifi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Price Target Changed • Mar 06Price target increased by 8.5% to €33.76Up from €31.11, the current price target is an average from 18 analysts. New target price is 5.8% above last closing price of €31.89. Stock is up 32% over the past year. The company is forecast to post earnings per share of €1.37 for next year compared to €1.23 last year.Price Target Changed • Feb 28Price target increased by 7.2% to €33.16Up from €30.94, the current price target is an average from 18 analysts. New target price is approximately in line with last closing price of €31.74. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €1.38 for next year compared to €1.23 last year.Reported Earnings • Feb 25Full year 2022 earnings released: EPS: €1.25 (vs €0.10 loss in FY 2021)Full year 2022 results: EPS: €1.25 (up from €0.10 loss in FY 2021). Revenue: €4.22b (up 92% from FY 2021). Net income: €359.0m (up €386.0m from FY 2021). Profit margin: 8.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.お知らせ • Jan 19Accor SA to Report Fiscal Year 2022 Results on Feb 23, 2023Accor SA announced that they will report fiscal year 2022 results at 7:00 AM, Central European Standard Time on Feb 23, 2023業績と収益の成長予測ENXTPA:AC - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20286,6176858191,1461112/31/20276,2346097411,0581512/31/20265,8275326979741412/31/20255,639385613810N/A9/30/20255,657486610804N/A6/30/20255,674586606797N/A3/31/20255,640581523765N/A12/31/20245,606575440733N/A6/30/20245,331587378735N/A3/31/20245,194583397702N/A12/31/20235,056578415669N/A6/30/20234,901540365530N/A3/31/20234,563432383521N/A12/31/20224,224324400511N/A6/30/20223,105-764499N/A3/31/20222,655-51-121-70N/A12/31/20212,204-27-286-240N/A9/30/20211,866-244-234-241N/A6/30/20211,528-461-182-242N/A3/31/20211,575-1,370-322-352N/A12/31/20201,621-2,279-463-463N/A9/30/20202,331-1,885-362-255N/A6/30/20203,040-1,492-261-48N/A3/31/20203,545-54371297N/A12/31/20194,049405402641N/A9/30/20193,979302N/A576N/A6/30/20193,908199N/A511N/A3/31/20193,59561N/A501N/A12/31/20183,282-78N/A491N/A9/30/20182,997-13N/A628N/A6/30/20182,71151N/A764N/A3/31/20182,743197N/A872N/A12/31/20172,774342N/A979N/A9/30/20172,546307N/A905N/A6/30/20172,318271N/A831N/A3/31/20171,982198N/A670N/A12/31/20161,646124N/A508N/A9/30/201649079N/A550N/A6/30/2016-66734N/A592N/A3/31/201635166N/A689N/A12/31/20151,36897N/A785N/A9/30/20153,478162N/A803N/A6/30/20155,587226N/A821N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: ACの予測収益成長率 (年間14% ) は 貯蓄率 ( 2.5% ) を上回っています。収益対市場: ACの収益 ( 14% ) はFrench市場 ( 12.3% ) よりも速いペースで成長すると予測されています。高成長収益: ACの収益は増加すると予測されていますが、大幅には増加しません。収益対市場: ACの収益 ( 5.4% ) French市場 ( 5.6% ) よりも低い成長が予測されています。高い収益成長: ACの収益 ( 5.4% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: ACの 自己資本利益率 は、3年後には低くなると予測されています ( 18.3 %)。成長企業の発掘7D1Y7D1Y7D1YConsumer-services 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/08 21:46終値2026/05/08 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Accor SA 15 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。34 アナリスト機関Ricardo Benevides FreitasBanco SantanderJaina MistryBarclaysJaina MistryBarclays31 その他のアナリストを表示
Price Target Changed • Mar 04Price target increased by 7.1% to €43.69Up from €40.80, the current price target is an average from 19 analysts. New target price is 9.9% above last closing price of €39.74. Stock is up 25% over the past year. The company is forecast to post earnings per share of €1.71 for next year compared to €1.23 last year.
Major Estimate Revision • Feb 23Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €1.93 to €2.38. Revenue forecast steady at €5.39b. Net income forecast to shrink 2.5% next year vs 2.8% growth forecast for Hospitality industry in France . Consensus price target up from €40.19 to €41.59. Share price rose 11% to €41.03 over the past week.
Price Target Changed • Mar 06Price target increased by 8.5% to €33.76Up from €31.11, the current price target is an average from 18 analysts. New target price is 5.8% above last closing price of €31.89. Stock is up 32% over the past year. The company is forecast to post earnings per share of €1.37 for next year compared to €1.23 last year.
Price Target Changed • Feb 28Price target increased by 7.2% to €33.16Up from €30.94, the current price target is an average from 18 analysts. New target price is approximately in line with last closing price of €31.74. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €1.38 for next year compared to €1.23 last year.
Declared Dividend • Apr 26Dividend increased to €1.35Dividend of €1.35 is 7.1% higher than last year. Ex-date: 1st June 2026 Payment date: 3rd June 2026 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (84% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 3.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 52% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 23Accor SA, Annual General Meeting, May 27, 2026Accor SA, Annual General Meeting, May 27, 2026. Location: 82 rue henri farman, issy les moulineaux France
ナラティブ更新 • Apr 22AC: Mixed Street Revisions Will Support Future Upside From Current PessimismAccor's analyst price target has been adjusted only marginally, with the updated fair value estimate moving from about €55.71 to €55.78, as analysts balance recent target trims at Berenberg, JPMorgan and Jefferies with more supportive views from firms that have highlighted what they see as an overly pessimistic valuation. Analyst Commentary Recent Street research on Accor presents a mix of cautious and constructive views, with price target adjustments moving in both directions and one upgrade that highlights debate around how the shares are valued versus the underlying business.
ナラティブ更新 • Apr 06AC: Higher Discount Rate And Refined Earnings Assumptions Will Support Future UpsideAccor's analyst fair value estimate has been trimmed by about €0.96. Analysts cite an updated discount rate and slightly revised assumptions on revenue growth, margins and future P/E as they fine tune models following a mix of recent target cuts and reaffirmed optimistic views on the stock's valuation.
お知らせ • Apr 03Blackstone Inc. (NYSE:BX) and Colony Investment Management signed memorandum of understanding to acquire 30.56% stake in Essendi S.A. from Accor SA (ENXTPA:AC) for approximately €980 million.Blackstone Inc. (NYSE:BX) and Colony Investment Management signed memorandum of understanding to acquire 30.56% stake in Essendi S.A. from Accor SA (ENXTPA:AC) for approximately €980 million on April 1, 2026. A cash consideration of €675 million will be paid by Blackstone Inc. and Colony Investment Management. Blackstone Inc. and Colony Investment Management will pay an earnout/contingent payment of €300 million cash. As part of consideration, €975 million is paid towards common equity of Essendi S.A. The transaction is subject to subject to antitrust regulations, approval by regulatory board / committee and definitive agreement. The expected completion of the transaction is third quarter of 2026.
Reported Earnings • Mar 30Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.61 (down from €2.34 in FY 2024). Revenue: €5.64b (flat on FY 2024). Net income: €385.0m (down 33% from FY 2024). Profit margin: 6.8% (down from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 10% per year.
ナラティブ更新 • Mar 22AC: Upgraded Rating And Refined Earnings Assumptions Will Support Future UpsideAccor's updated analyst price target shifts modestly in line with a fair value move from about €56.96 to €56.68, as analysts point to recent upgrades and higher Street targets around €52 to €61 as support for a slightly refined view on growth, margins and P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts point to a cluster of higher price targets in the €55 to €61 range as evidence that current valuation assumptions may already reflect cautious scenarios on growth and margins.
お知らせ • Mar 11Accor Announces Appointment of Laurent Choain as Global Chief People & Culture Officer, Member of Group Management Board, and Premium, Midscale & Economy Executive CommitteeAccor has appointed Laurent Choain as Global Chief People & Culture Officer and member of the Group Management Board, effective April 1, 2026. He will also serve on the Premium, Midscale & Economy Executive Committee. Choain brings more than 30 years of international human resources leadership experience, with previous senior roles at Forvis Mazars, Groupe Caisse d'Epargne (now BPCE), and Kempinski Hotels & Resorts. He has led corporate universities and management education initiatives with global industry organizations. He is active in governance and advisory roles in the management, human resources, and cultural sectors, holding board memberships at EFMD, Bologna Business School, the Peter Drucker Society of Europe, and the Festival de Ramatuelle. Choain holds a PhD in Management Sciences from Université Paris Panthéon Assas and a Master's degree from Paris Panthéon Sorbonne and Neoma Business School. In his new position, Choain will be responsible for shaping Accor’s talent agenda, focusing on the company’s culture, talent attraction, and development opportunities for employees worldwide.
ナラティブ更新 • Mar 07AC: Upgraded Rating And Higher Objectives Will Support Future UpsideThe analyst price target for Accor has been raised from about €55.14 to about €56.96, as analysts cite Street research upgrades and higher price objectives as evidence that prior market expectations may have been overly pessimistic. Analyst Commentary Recent Street research on Accor has been clustered around upward adjustments to price targets and at least one upgrade in rating, pointing to a shift in how the stock's risk and reward profile is being framed.
Reported Earnings • Feb 21Full year 2025 earnings: EPS misses analyst expectationsFull year 2025 results: EPS: €1.61 (down from €2.34 in FY 2024). Revenue: €5.64b (flat on FY 2024). Net income: €385.0m (down 33% from FY 2024). Profit margin: 6.8% (down from 10% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 24%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
ナラティブ更新 • Feb 19AC: Higher P/E Assumptions And Boardroom Shift Will Support Future UpsideAnalysts have slightly raised their price target for Accor to about €55.14. This reflects updated assumptions on fair value, discount rate, growth, margins, and future P/E that align with recent research pointing to a €4 increase in targets.
お知らせ • Feb 07Accor SA Appoints Amitabh Rai As Chief Operating Officer - Luxury, Accor South AsiaAccor SA has announced the appointment of Amitabh Rai as Chief Operating Officer - Luxury, Accor South Asia. In this strategic leadership role, Amitabh will spearhead the operational and strategic direction of Accor's luxury and lifestyle portfolio across South Asia, with a clear focus on delivering distinctive luxury experiences, thoughtful brand curation, and sustained performance excellence for the Raffles, Fairmont, and Sofitel brands.
ナラティブ更新 • Feb 05AC: Higher Earnings Execution And Lower Future P/E Are Expected To Support UpsideAnalysts have nudged their price target on Accor slightly higher to €54.81, citing updated assumptions around revenue growth, profitability, and a modestly lower future P/E multiple as key drivers of the change. Analyst Commentary Recent price target adjustments around €54.81 highlight how analysts are refreshing their views on Accor, mainly around revenue assumptions, margin potential, and where the P/E multiple could reasonably sit over time.
ナラティブ更新 • Jan 22AC: Higher Forward P/E Assumptions Are Expected To Support Upside PotentialAnalysts have nudged their price target for Accor slightly higher to about €54.69, reflecting modest adjustments to fair value inputs and updated views on growth, margins, and future P/E that are broadly in line with recent target raises cited in Street research. Analyst Commentary Bullish Takeaways Bullish analysts lifting their targets toward the mid €50s see current pricing as supported by updated fair value work, with the revised targets aligning with their refreshed P/E assumptions.
分析記事 • Jan 21Is There An Opportunity With Accor SA's (EPA:AC) 35% Undervaluation?Key Insights The projected fair value for Accor is €70.34 based on 2 Stage Free Cash Flow to Equity Accor's €45.57...
ナラティブ更新 • Jan 07AC: Higher Margin Outlook Is Expected To Support Stronger Upside PotentialAnalysts have nudged their fair value estimate for Accor higher to about €54.36 from roughly €53.51, citing a slightly higher blend of price targets, such as the recent move to €53, and modestly stronger profit margin assumptions, partly offset by more measured revenue growth expectations. Analyst Commentary Bullish analysts are slightly more constructive after the recent price target move to €53, which sits close to the updated fair value estimate.
分析記事 • Jan 03Some Confidence Is Lacking In Accor SA's (EPA:AC) P/EWith a price-to-earnings (or "P/E") ratio of 19.1x Accor SA ( EPA:AC ) may be sending bearish signals at the moment...
お知らせ • Dec 20Accor Announces Resignation of Nicolas Sarkozy as Director, Effective December 17, 2025Accor announced that the Board of Directors, meeting on December 17, 2025, acknowledged the resignation of Mr. Nicolas Sarkozy from his position as Director, effective December 17, 2025. Nicolas Sarkozy played a significant role in the transformation and growth of Accor, contributing to the company's influence both in France and internationally.
ナラティブ更新 • Dec 14AC: Lower Discount Rate Will Support Stronger Margin OutlookAnalysts have raised their price target on Accor from EUR 52.00 to EUR 53.00, citing a modestly lower discount rate and slightly improved profit margin expectations as key supports for the upward revision. Analyst Commentary Bullish analysts highlight that the higher price target reflects growing confidence in Accor's ability to expand margins and sustain profitable growth, even in a more normalized travel demand environment.
分析記事 • Oct 24Is Accor (EPA:AC) Using Too Much Debt?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
ナラティブ更新 • Oct 20Expanding Pipeline And Asset-Light Focus Will Boost Global UpsideAccor’s analyst price target has been revised downward by EUR 0.54 to EUR 52.01. Analysts point to modestly reduced revenue growth and fair value expectations, despite stable ratings across the Street.
分析記事 • Sep 25Accor (EPA:AC) Is Doing The Right Things To Multiply Its Share PriceTo find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
ナラティブ更新 • Sep 05Expanding Pipeline And Asset-Light Focus Will Boost Global UpsideFollowing Accor’s H1 results, analysts tempered earnings and price targets amid reduced visibility and headwinds in associate income and FX, while maintaining a broadly positive long-term outlook, leaving the consensus analyst price target unchanged at €52.55. Analyst Commentary Reduced visibility following Accor’s first half results has led to more cautious outlooks from bearish analysts.
分析記事 • Aug 26Shareholders Should Be Pleased With Accor SA's (EPA:AC) PriceIt's not a stretch to say that Accor SA's ( EPA:AC ) price-to-earnings (or "P/E") ratio of 18x right now seems quite...
分析記事 • Aug 06Estimating The Intrinsic Value Of Accor SA (EPA:AC)Key Insights Using the 2 Stage Free Cash Flow to Equity, Accor fair value estimate is €49.36 Accor's €41.92 share price...
Reported Earnings • Aug 03First half 2025 earnings released: EPS: €0.80 (vs €0.90 in 1H 2024)First half 2025 results: EPS: €0.80. Revenue: €2.75b (up 2.5% from 1H 2024). Net income: €233.0m (up 5.0% from 1H 2024). Profit margin: 8.5% (up from 8.3% in 1H 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Hospitality industry in France.
New Risk • Aug 01New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 52% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (52% net debt to equity). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Buy Or Sell Opportunity • Jun 13Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 3.2% to €43.26. The fair value is estimated to be €55.13, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 27% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 9.7% per annum over the same time period.
Upcoming Dividend • May 26Upcoming dividend of €1.26 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of French dividend payers (5.4%). Lower than average of industry peers (4.0%).
分析記事 • May 25Accor's (EPA:AC) Dividend Will Be Increased To €1.26Accor SA ( EPA:AC ) will increase its dividend from last year's comparable payment on the 4th of June to €1.26. This...
分析記事 • May 22We Think Shareholders Will Probably Be Generous With Accor SA's (EPA:AC) CEO CompensationKey Insights Accor's Annual General Meeting to take place on 28th of May Total pay for CEO Sebastien Marie Bazin...
分析記事 • May 14Accor (EPA:AC) Is Doing The Right Things To Multiply Its Share PriceIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
分析記事 • May 14Accor SA (EPA:AC) Stock Rockets 26% As Investors Are Less Pessimistic Than ExpectedAccor SA ( EPA:AC ) shareholders are no doubt pleased to see that the share price has bounced 26% in the last month...
Declared Dividend • Apr 24Dividend increased to €1.26Dividend of €1.26 is 6.8% higher than last year. Ex-date: 2nd June 2025 Payment date: 4th June 2025 Dividend yield will be 3.1%, which is about the same as the industry average. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 4.6% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 44% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 17Accor SA, Annual General Meeting, May 28, 2025Accor SA, Annual General Meeting, May 28, 2025. Location: 82 rue henri farman, issy les moulineaux France
Reported Earnings • Mar 31Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €2.34. Revenue: €5.61b (up 11% from FY 2023). Net income: €575.0m (flat on FY 2023). Profit margin: 10% (down from 11% in FY 2023). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Hospitality industry in France.
新しいナラティブ • Feb 23Leveraging AI And GAIA 20 For Future Operational Efficiency And Sustainability Accor's strategic use of AI and sustainability initiatives aims to boost operational efficiency and improve long-term margins and brand value.
Reported Earnings • Feb 23Full year 2024 earnings: EPS and revenues exceed analyst expectationsFull year 2024 results: EPS: €2.34 (up from €2.19 in FY 2023). Revenue: €5.61b (up 11% from FY 2023). Net income: €610.0m (up 5.5% from FY 2023). Profit margin: 11% (in line with FY 2023). Revenue exceeded analyst estimates by 1.3%. Earnings per share (EPS) also surpassed analyst estimates by 6.2%. Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 18Accor SA to Report Fiscal Year 2024 Results on Feb 20, 2025Accor SA announced that they will report fiscal year 2024 results at 7:30 AM, Central European Standard Time on Feb 20, 2025
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €0.90 (vs €0.81 in 1H 2023)First half 2024 results: EPS: €0.90 (up from €0.81 in 1H 2023). Revenue: €2.68b (up 11% from 1H 2023). Net income: €222.0m (up 4.2% from 1H 2023). Profit margin: 8.3% (down from 8.9% in 1H 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
Buy Or Sell Opportunity • Jul 27Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 14% to €36.18. The fair value is estimated to be €45.28, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 6.1% per annum. Earnings are also forecast to grow by 7.6% per annum over the same time period.
Buy Or Sell Opportunity • Jul 06Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 8.2% to €38.65. The fair value is estimated to be €48.61, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 47% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period.
お知らせ • Jun 22Accor SA to Report First Half, 2024 Results on Jul 25, 2024Accor SA announced that they will report first half, 2024 results on Jul 25, 2024
Declared Dividend • May 23Dividend of €1.18 announcedShareholders will receive a dividend of €1.18. Ex-date: 5th June 2024 Payment date: 7th June 2024 Dividend yield will be 2.9%, which is lower than the industry average of 3.2%. Sustainability & Growth Dividend is covered by both earnings (54% earnings payout ratio) and cash flows (68% cash payout ratio). The dividend has increased by an average of 4.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
お知らせ • Apr 09Accor SA, Annual General Meeting, May 31, 2024Accor SA, Annual General Meeting, May 31, 2024, at 09:00 Central European Standard Time. Location: 82 rue Henri Farman Issy les Moulineaux France
お知らせ • Mar 04Travel + Leisure Co. (NYSE:TNL) completed the acquisition of Accor Vacation Club from Accor SA (ENXTPA : AC).Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from Accor SA (ENXTPA : AC) for $48.4 million on January 30, 2024. Upon deal closing, the Accor Vacation Club business line will report into Barry Robinson, president and managing director of international operations for Travel + Leisure Co. Travel + Leisure Co. also receives the exclusive rights to develop new vacation ownership clubs and products utilizing the Accor Vacation Club brand across a region including Asia Pacific, Middle East, Africa and Turkey. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion. Travel + Leisure Co. (NYSE:TNL) completed the acquisition of Accor Vacation Club from Accor SA (ENXTPA : AC) on March 3, 2024. The acquisition is expected to be immediately accretive to Travel + Leisure Co. earnings.
Price Target Changed • Mar 04Price target increased by 7.1% to €43.69Up from €40.80, the current price target is an average from 19 analysts. New target price is 9.9% above last closing price of €39.74. Stock is up 25% over the past year. The company is forecast to post earnings per share of €1.71 for next year compared to €1.23 last year.
Major Estimate Revision • Feb 23Consensus EPS estimates increase by 23%The consensus outlook for fiscal year 2024 has been updated. 2024 EPS estimate increased from €1.93 to €2.38. Revenue forecast steady at €5.39b. Net income forecast to shrink 2.5% next year vs 2.8% growth forecast for Hospitality industry in France . Consensus price target up from €40.19 to €41.59. Share price rose 11% to €41.03 over the past week.
Buy Or Sell Opportunity • Feb 23Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 28% to €40.45. The fair value is estimated to be €32.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.9% per annum. Earnings are also forecast to grow by 6.8% per annum over the same time period.
お知らせ • Jan 31Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from AAPC Limited for $48.4 million.Travel + Leisure Co. (NYSE:TNL) agreed an agreement to acquire Accor Vacation Club from AAPC Limited for $48.4 million on January 30, 2024. Upon deal closing, the Accor Vacation Club business line will report into Barry Robinson, president and managing director of international operations for Travel + Leisure Co. Travel + Leisure Co. also receives the exclusive rights to develop new vacation ownership clubs and products utilizing the Accor Vacation Club brand across a region including Asia Pacific, Middle East, Africa and Turkey. The acquisition is expected to close in the first quarter of 2024 and to be immediately accretive to Travel + Leisure Co. earnings upon completion.
お知らせ • Jan 23Accor SA to Report Fiscal Year 2023 Results on Feb 22, 2024Accor SA announced that they will report fiscal year 2023 results at 7:30 AM, Central European Standard Time on Feb 22, 2024
お知らせ • Nov 29Accor SA Collaborates with Aws to Deliver Exceptional Guest ExperiencesAt AWS re:Invent,Amazon Web Services Inc. (AWS) announced that Accor S.A. has launched a first-of-its-kind generative artificial intelligence (generative AI) solution using AWS. Incorporating an intuitive conversational interface, Accor's new Travel Assistant will empower guests to find the best experiences according to the style of travel they prefer, transforming the entire booking journey from inspiration to after their stay. Expanding its relationship with AWS, Accor worked closely with experts from AWS Innovation Program, AWS Prototyping, and AWS Professional Services on a customer innovation program to reinvent the guest travel experience, beginning with the Travel Assistant product, which will be incorporated into Accor's booking platform ALL.com. Using Amazon Bedrock, a service that makes multiple foundation models available via an API, and Amazon SageMaker, a fully managed service to build, train, and deploy machine learning (ML) models, this powerful AI platform will replicate an expert travel agent service from initial inspiration through ongoing service following a guest's stay. The Travel Assistant engages guests in a tailored discussion, meticulously crafting and refining a proposal of experiences designed to enhance their journey. Beyond rooms, it unveils activities, special offers, and experiences, such as wellness, food, and beverage choices, that guests might overlook in a traditional search. The Travel Assistant uses the ML and generative AI capabilities of AWS to learn from and pick up on guest preferences, allowing Accor to cater to the needs of multimodal guests, who combine business and leisure experiences into the same trip. Travel Assistant's generative AI can recommend much more than just hotel locations and facilities, by using millions of online sources with information and trusted reviews to compile the most relevant local attractions across shopping, food, and entertainment. This enables Accor to offer guidance and inspiration to guests in the early stages of booking and guide them to its direct booking channels. The technology will streamline the booking process down to a matter of minutes, while increasing conversion rate and revenues and reducing call volumes at Accor's contact center. At the same time, it will further Accor's commitment to enriching its ALL member experience and maintaining top-tier guest satisfaction scores. The Travel Assistant also reflects the commitment of Accor and AWS to the highest data privacy standards. Fully GDPR-compliant, it enables guests to enjoy personalized travel experiences from the start of their booking journeys, trusting that their personal data remains secure.
Buying Opportunity • Oct 12Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 6.6%. The fair value is estimated to be €39.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 5.8% per annum. Earnings is also forecast to grow by 6.5% per annum over the same time period.
お知らせ • Sep 26Accor SA Appoints Herle-Xavier Carn as Senior Vice President Group Safety and SecurityAccor SA announced that Herle-Xavier Carn has been appointed as Senior Vice President Safety and Security, following the departure of Christian Flaesch, who is leaving the Group after nearly 10 years leading the Safety and Security Department. Assuming the role on 01 October 2023, Herle-Xavier will be responsible for crisis management and prevention initiatives across the Group, developing protective measures to ensure the ongoing safety of Accor employees and properties. In this capacity Herle-Xavier will report directly to Steven Daines, Group Chief Talent Culture Officer. Bringing more than 30 years of experience acquired at public and private institutions in France and abroad, Herle-Xavier started his career working at the French Ministry of Defence and then started at the French embassies in Singapore and Thailand. Moving to the private sector Herle-Xavier then spent 17 years with International SOS security group, a leading multinational company specializing in international health and safety risk management, where he held the roles of Vice President and EMEA Regional Security Director. This appointment demonstrates and reinforces Accor's ongoing commitment to the safety of employees, guests and assets across the company's wide reaching and international operations. Herle-Xavier's background providing business resilience solutions to large global corporations positions the group well to respond to evolving threats and vulnerabilities, creating a secure environment for employees and management to deliver industry leading hospitality services and experiences.
Buying Opportunity • Sep 12Now 20% undervaluedOver the last 90 days, the stock is up 1.6%. The fair value is estimated to be €42.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 4.4% per annum. Earnings is also forecast to grow by 6.1% per annum over the same time period.
Reported Earnings • Jul 30First half 2023 earnings: EPS and revenues exceed analyst expectationsFirst half 2023 results: EPS: €0.81 (up from €0.01 loss in 1H 2022). Revenue: €2.40b (up 39% from 1H 2022). Net income: €248.0m (up €251.0m from 1H 2022). Profit margin: 10% (up from net loss in 1H 2022). The move to profitability was driven by higher revenue. Revenue exceeded analyst estimates by 1.5%. Earnings per share (EPS) also surpassed analyst estimates by 50%. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 116% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 25Accor in Talks to Buy Out Potel & ChabotAccor SA (ENXTPA:AC) has entered into exclusive talks to acquire the remaining 63% stake in local luxury caterer Potel et Chabot SA from French asset manager Andera Partners. Upon completion of the contemplated transaction, Accor will become the sole owner of Potel & Chabot with the targeted business to be consolidated within the group's Luxury & Lifestyle Division, a statement said July 21, 2023. “By acquiring this distinguished brand, Accor will benefit from an expertise that complements the Group's strategy to deliver augmented hospitality and organize upscale events,” according to the press release.
お知らせ • Jul 13Accor SA to Report First Half, 2023 Results on Jul 27, 2023Accor SA announced that they will report first half, 2023 results on Jul 27, 2023
お知らせ • Jun 27Mutris entered into an agreement to acquire a 33% stake in Risma (CBSE : RIS) from Accor SA (ENXTPA : AC) for approximately MAD 610 million.Mutris entered into an agreement to acquire a 33% stake in Risma (CBSE : RIS) from Accor SA (ENXTPA : AC) for approximately MAD 610 million on June 26, 2023. The offer price is MAD 130 cash per share. Completion of the transaction is subject to certain regulatory approvals, with the transaction expected to close in the third quarter of 2023.
お知らせ • Jun 24The Valesco Group acquired Sequana Tower from Accor SA (ENXTPA:AC) for €460 million.The Valesco Group acquired Sequana Tower from Accor SA (ENXTPA:AC) for €460 million on June 22, 2023.Colliers acted as broker for the transaction. Gide Loyrette Nouel A.A.R.P.I. and Reed Smith Rambaud Charot LLP acted as legal advisors to Accor SA (ENXTPA:AC). Wargny-Katz acted as notary Accor SA (ENXTPA:AC). Clifford Chance acted as legal advisor and PwC acted as accountant to The Valesco Group in the transaction.The Valesco Group completed the acquisition of Sequana Tower from Accor SA (ENXTPA:AC) on June 22, 2023.
Upcoming Dividend • May 16Upcoming dividend of €1.05 per shareEligible shareholders must have bought the stock before 23 May 2023. Payment date: 25 May 2023. The company last paid an ordinary dividend in April 2013. The average dividend yield among industry peers is 2.7%.
Board Change • Mar 27High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Asma Al-Khulaifi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Price Target Changed • Mar 06Price target increased by 8.5% to €33.76Up from €31.11, the current price target is an average from 18 analysts. New target price is 5.8% above last closing price of €31.89. Stock is up 32% over the past year. The company is forecast to post earnings per share of €1.37 for next year compared to €1.23 last year.
Price Target Changed • Feb 28Price target increased by 7.2% to €33.16Up from €30.94, the current price target is an average from 18 analysts. New target price is approximately in line with last closing price of €31.74. Stock is up 3.8% over the past year. The company is forecast to post earnings per share of €1.38 for next year compared to €1.23 last year.
Reported Earnings • Feb 25Full year 2022 earnings released: EPS: €1.25 (vs €0.10 loss in FY 2021)Full year 2022 results: EPS: €1.25 (up from €0.10 loss in FY 2021). Revenue: €4.22b (up 92% from FY 2021). Net income: €359.0m (up €386.0m from FY 2021). Profit margin: 8.5% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Hospitality industry in France. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
お知らせ • Jan 19Accor SA to Report Fiscal Year 2022 Results on Feb 23, 2023Accor SA announced that they will report fiscal year 2022 results at 7:00 AM, Central European Standard Time on Feb 23, 2023
