Narrative Update • Apr 29

Last week, the Hospitality industry hasn't moved much but TUI is up 4.5% in that time. As for the longer term, the industry has declined 14% in the last year. As for the next few years, earnings are expected to grow by 56% per annum.
Has the German Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 09 May 2026 | €12.3b | €39.0b | -€149,789,174.47 | 20.7x | -81.8x | 0.3x |
| Mon, 06 Apr 2026 | €11.1b | €39.0b | -€151,652,994.92 | 24x | -73.2x | 0.3x |
| Wed, 04 Mar 2026 | €11.6b | €38.4b | €144.7m | 26.7x | 80.1x | 0.3x |
| Fri, 30 Jan 2026 | €14.8b | €38.4b | €101.0m | 30.5x | 146.1x | 0.4x |
| Sun, 28 Dec 2025 | €14.2b | €38.4b | €101.0m | 29.8x | 140.4x | 0.4x |
| Tue, 25 Nov 2025 | €11.5b | €38.4b | €126.9m | 28.7x | 90.7x | 0.3x |
| Thu, 23 Oct 2025 | €13.5b | €38.4b | €110.7m | 28.7x | 122x | 0.4x |
| Sat, 20 Sep 2025 | €15.0b | €38.4b | €110.0m | 27.1x | 136x | 0.4x |
| Mon, 18 Aug 2025 | €14.2b | €37.3b | -€207,739,955.00 | 23.1x | -68.5x | 0.4x |
| Wed, 16 Jul 2025 | €13.3b | €36.8b | -€337,626,537.00 | 24.6x | -39.4x | 0.4x |
| Fri, 13 Jun 2025 | €12.3b | €36.9b | -€301,920,890.00 | 14.5x | -40.7x | 0.3x |
| Sun, 11 May 2025 | €13.4b | €36.9b | -€288,841,503.00 | 14.5x | -46.3x | 0.4x |
| Tue, 08 Apr 2025 | €11.1b | €35.4b | -€1,641,063,503.00 | 10.6x | -6.8x | 0.3x |
| Thu, 06 Mar 2025 | €14.2b | €35.4b | -€1,647,469,451.00 | 13.8x | -8.6x | 0.4x |
| Sat, 01 Feb 2025 | €13.5b | €34.8b | -€1,684,669,451.00 | 14.6x | -8x | 0.4x |
| Mon, 30 Dec 2024 | €14.2b | €34.8b | -€1,684,154,313.00 | 15.6x | -8.4x | 0.4x |
| Wed, 27 Nov 2024 | €16.8b | €33.8b | -€1,651,305,313.00 | 13.6x | -10.2x | 0.5x |
| Fri, 25 Oct 2024 | €17.8b | €33.8b | -€1,654,716,313.00 | 13.4x | -10.8x | 0.5x |
| Sun, 22 Sep 2024 | €14.6b | €33.8b | -€1,655,097,805.00 | 12.8x | -8.8x | 0.4x |
| Tue, 20 Aug 2024 | €11.8b | €32.8b | -€1,751,685,030.00 | 17.8x | -6.7x | 0.4x |
| Thu, 18 Jul 2024 | €12.0b | €32.2b | -€1,794,144,030.00 | 27x | -6.7x | 0.4x |
| Sat, 15 Jun 2024 | €13.9b | €32.4b | -€1,799,430,683.00 | 19.2x | -7.7x | 0.4x |
| Mon, 13 May 2024 | €12.9b | €31.7b | -€1,870,397,781.00 | 18.1x | -6.9x | 0.4x |
| Wed, 10 Apr 2024 | €15.2b | €31.4b | -€1,907,408,781.00 | 21.8x | -8x | 0.5x |
| Fri, 08 Mar 2024 | €11.4b | €31.4b | -€1,921,547,826.00 | 29.8x | -5.9x | 0.4x |
| Sun, 04 Feb 2024 | €9.3b | €30.8b | -€2,055,047,826.00 | 37.2x | -4.5x | 0.3x |
| Tue, 02 Jan 2024 | €12.0b | €30.8b | -€2,055,047,826.00 | 39x | -5.9x | 0.4x |
| Thu, 30 Nov 2023 | €12.7b | €30.0b | -€2,159,247,826.00 | 41.8x | -5.9x | 0.4x |
| Sat, 28 Oct 2023 | €10.4b | €30.0b | -€2,164,655,297.00 | 11.8x | -4.8x | 0.3x |
| Mon, 25 Sep 2023 | €12.6b | €30.0b | -€2,163,369,297.00 | 14.3x | -5.8x | 0.4x |
| Wed, 23 Aug 2023 | €14.0b | €28.8b | -€2,828,451,076.00 | 16.1x | -4.9x | 0.5x |
| Fri, 21 Jul 2023 | €12.3b | €9.0b | -€3,028,122,373.00 | 32.4x | -4.1x | 1.4x |
| Sun, 18 Jun 2023 | €11.2b | €9.1b | -€3,024,768,657.00 | 55.7x | -3.7x | 1.2x |
| Tue, 16 May 2023 | €12.1b | €9.0b | -€3,027,533,166.00 | 58.8x | -4x | 1.3x |
-4x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -0.016% | |
| Consumer Discretionary | 2.23% | |
| Hospitality | 0.24% | |
| Hotels, Resorts and Cruise Lines | 3.90% | |
| Casinos and Gaming | 0.16% | |
| Restaurants | -2.44% | |
| Leisure Facilities | -3.03% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TUI1 TUI | €6.64 | 4.5% +€145.1m | -7.9% | PE5x | |
| TIMA ZEAL Network | €50.20 | 2.4% +€25.3m | 5.9% | PE26.4x | |
| IFA LS Invest | €8.10 | 3.2% +€12.3m | 22.7% | n/a | |
| 0QM Angler Gaming | €0.36 | 20.3% +€4.5m | 9.5% | PE5.9x | |
| ACX bet-at-home.com | €2.70 | 12.0% +€2.0m | 10.2% | PE8.3x |