View ValuationAccor 향후 성장Future 기준 점검 2/6Accor (는) 각각 연간 14% 및 5.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 14.9% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 18.3% 로 예상됩니다.핵심 정보14.0%이익 성장률14.86%EPS 성장률Hospitality 이익 성장14.4%매출 성장률5.4%향후 자기자본이익률18.30%애널리스트 커버리지Good마지막 업데이트30 Apr 2026최근 향후 성장 업데이트Price 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.모든 업데이트 보기Recent 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.공지 • Apr 23Accor SA, Annual General Meeting, May 27, 2026Accor SA, Annual General Meeting, May 27, 2026. Location: 82 rue henri farman, issy les moulineaux France내러티브 업데이트 • 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.내러티브 업데이트 • 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.공지 • 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.내러티브 업데이트 • 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.공지 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.공지 • 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.내러티브 업데이트 • 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.내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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...공지 • 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.내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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...내러티브 업데이트 • 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.분석 기사 • 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...분석 기사 • 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%).분석 기사 • 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...분석 기사 • 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...분석 기사 • 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...분석 기사 • 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.공지 • 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.새 내러티브 • 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.공지 • 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.공지 • 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.공지 • 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 France공지 • 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.공지 • 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.공지 • 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, 2024공지 • 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.공지 • 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.공지 • 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.공지 • 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, 2023공지 • 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.공지 • 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.공지 • 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, 2023이익 및 매출 성장 예측ENXTPA:AC - 애널리스트 향후 추정치 및 과거 재무 데이터 (EUR Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20286,6176858191,1461112/31/20276,2346097411,0581512/31/20265,8275326979741412/31/20255,639385613810N/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/A더 보기애널리스트 향후 성장 전망수입 대 저축률: AC 의 연간 예상 수익 증가율(14%)이 saving rate(2.5%)보다 높습니다.수익 vs 시장: AC 의 연간 수익(14%)이 French 시장(12.3%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: AC 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: AC 의 수익(연간 5.4%)이 French 시장(연간 5.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: AC 의 수익(연간 5.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: AC의 자본 수익률은 3년 후 18.3%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/08 22:49종가2026/05/08 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Accor SA는 34명의 분석가가 다루고 있습니다. 이 중 15명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ricardo Benevides FreitasBanco SantanderJaina MistryBarclaysJaina MistryBarclays31명의 분석가 더 보기
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.
공지 • 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
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공지 • 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.
내러티브 업데이트 • 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.
공지 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
공지 • 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.
내러티브 업데이트 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
분석 기사 • 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...
공지 • 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.
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
분석 기사 • 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...
내러티브 업데이트 • 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.
분석 기사 • 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...
분석 기사 • 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%).
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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...
분석 기사 • 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.
공지 • 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.
새 내러티브 • 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.
공지 • 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.
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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.
공지 • 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.
공지 • 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
공지 • 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.
공지 • 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.
공지 • 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
