Narrative Update • Jun 29

The Hospitality industry has stayed flat over the last week. The past year has been better, since the industry has gained 29% in that time. As for the next few years, earnings are expected to grow by 70% per annum.
Has the German Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | €17.3b | €39.1b | -€151,027,733.00 | 15.3x | -114.9x | 0.4x |
| Fri, 29 May 2026 | €18.0b | €39.2b | -€152,636,749.86 | 18.5x | -118.1x | 0.5x |
| Sun, 26 Apr 2026 | €11.9b | €39.0b | -€148,265,938.07 | 19.9x | -80.3x | 0.3x |
| Tue, 24 Mar 2026 | €11.1b | €38.4b | €77.9m | 21.2x | 142.9x | 0.3x |
| Thu, 19 Feb 2026 | €13.5b | €38.4b | €142.8m | 31.2x | 94.8x | 0.4x |
| Sat, 17 Jan 2026 | €15.1b | €38.4b | €101.0m | 28.7x | 149.4x | 0.4x |
| Mon, 15 Dec 2025 | €13.4b | €38.4b | €101.0m | 28.7x | 132.5x | 0.3x |
| Wed, 12 Nov 2025 | €11.6b | €38.4b | €119.8m | 29x | 96.9x | 0.3x |
| Fri, 10 Oct 2025 | €14.1b | €38.4b | €110.7m | 28.7x | 127.3x | 0.4x |
| Sun, 07 Sep 2025 | €14.2b | €38.4b | €111.2m | 22.6x | 127.5x | 0.4x |
| Tue, 05 Aug 2025 | €14.2b | €36.9b | -€336,260,955.00 | 20.6x | -42.2x | 0.4x |
| Thu, 03 Jul 2025 | €13.3b | €36.8b | -€338,017,904.00 | 23.8x | -39.2x | 0.4x |
| Sat, 31 May 2025 | €13.2b | €36.9b | -€310,193,127.00 | 7.5x | -42.6x | 0.4x |
| Mon, 28 Apr 2025 | €13.3b | €36.8b | -€277,589,503.00 | 11.8x | -47.9x | 0.4x |
| Wed, 26 Mar 2025 | €13.0b | €35.4b | -€1,647,516,850.00 | 13.3x | -7.9x | 0.4x |
| Fri, 21 Feb 2025 | €13.7b | €35.4b | -€1,647,469,451.00 | 13.6x | -8.3x | 0.4x |
| Sun, 19 Jan 2025 | €14.5b | €34.8b | -€1,684,669,451.00 | 14.4x | -8.6x | 0.4x |
| Tue, 17 Dec 2024 | €15.0b | €34.8b | -€1,684,154,313.00 | 14.9x | -8.9x | 0.4x |
| Thu, 14 Nov 2024 | €17.1b | €33.8b | -€1,651,305,313.00 | 14.5x | -10.3x | 0.5x |
| Sat, 12 Oct 2024 | €16.6b | €33.8b | -€1,654,716,313.00 | 14.6x | -10x | 0.5x |
| Mon, 09 Sep 2024 | €13.6b | €33.7b | -€1,700,613,805.00 | 16.1x | -8x | 0.4x |
| Wed, 07 Aug 2024 | €11.0b | €32.2b | -€1,794,144,030.00 | 26x | -6.1x | 0.3x |
| Fri, 05 Jul 2024 | €12.0b | €32.2b | -€1,793,367,536.00 | 24.9x | -6.7x | 0.4x |
| Sun, 02 Jun 2024 | €13.7b | €32.2b | -€1,793,084,874.00 | 13.5x | -7.6x | 0.4x |
| Tue, 30 Apr 2024 | €13.4b | €31.7b | -€1,887,108,781.00 | 22x | -7.1x | 0.4x |
| Thu, 28 Mar 2024 | €12.8b | €31.4b | -€1,924,381,781.00 | 21.7x | -6.6x | 0.4x |
| Sat, 24 Feb 2024 | €11.0b | €31.4b | -€1,921,547,826.00 | 32.5x | -5.7x | 0.4x |
| Mon, 22 Jan 2024 | €10.7b | €30.8b | -€2,055,047,826.00 | 37.9x | -5.2x | 0.3x |
| Wed, 20 Dec 2023 | €13.2b | €30.8b | -€2,055,047,826.00 | 38.2x | -6.4x | 0.4x |
| Fri, 17 Nov 2023 | €12.9b | €30.0b | -€2,157,160,297.00 | 44x | -6x | 0.4x |
| Sun, 15 Oct 2023 | €11.5b | €30.0b | -€2,164,706,297.00 | 12.2x | -5.3x | 0.4x |
| Tue, 12 Sep 2023 | €12.7b | €30.0b | -€2,163,369,297.00 | 14x | -5.9x | 0.4x |
| Thu, 10 Aug 2023 | €12.0b | €9.0b | -€3,028,957,794.00 | 33.6x | -4x | 1.3x |
| Sat, 08 Jul 2023 | €12.0b | €9.0b | -€3,028,122,373.00 | 32.3x | -4x | 1.3x |
-4x
Which industries have driven the changes within the German Consumer Discretionary industry?
| DE Market | -2.44% | |
| Consumer Discretionary | -5.84% | |
| Hospitality | -0.95% | |
| Leisure Facilities | 3.07% | |
| Hotels, Resorts and Cruise Lines | 0.72% | |
| Restaurants | -1.51% | |
| Casinos and Gaming | -3.05% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| DHER Delivery Hero | €36.00 | 0.7% +€75.9m | 50.3% | PS0.8x | |
| TIW Tin Inn Holding Ag | €10.00 | 10.5% +€19.0m | -7.4% | PE24.2x | |
| HOC HolidayCheck Group | €4.36 | 3.8% +€14.0m | 5.8% | n/a | |
| TUI1 TUI | €7.24 | 0.2% +€7.1m | -6.0% | PE5.2x | |
| IFA LS Invest | €10.20 | 1.0% +€4.9m | 64.5% | n/a |