Narrative Update • May 12

Over the last 7 days, the Hospitality industry has dropped 1.3%, driven by Amadeus IT Group declining 1.4%. However, the industry is down 27% over the past year. As for the next few years, earnings are expected to grow by 9.7% per annum.
Has the Spanish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | €28.3b | €12.4b | €1.8b | 12x | 15.4x | 2.3x |
| Mon, 13 Apr 2026 | €28.0b | €12.3b | €1.6b | 13.9x | 17.6x | 2.3x |
| Wed, 11 Mar 2026 | €29.4b | €12.3b | €1.6b | 10.4x | 18.4x | 2.4x |
| Fri, 06 Feb 2026 | €29.8b | €12.2b | €1.6b | 9.9x | 18.9x | 2.4x |
| Sun, 04 Jan 2026 | €33.9b | €12.2b | €1.6b | 10.1x | 21.6x | 2.8x |
| Tue, 02 Dec 2025 | €33.4b | €12.2b | €1.6b | 14.8x | 21.2x | 2.7x |
| Thu, 30 Oct 2025 | €36.1b | €12.1b | €1.5b | 17.8x | 24.8x | 3x |
| Sat, 27 Sep 2025 | €39.2b | €14.6b | €1.7b | 15.3x | 23x | 2.7x |
| Mon, 25 Aug 2025 | €39.8b | €12.3b | €1.7b | 16.8x | 23.8x | 3.2x |
| Wed, 23 Jul 2025 | €39.5b | €12.2b | €1.6b | 16.9x | 25.1x | 3.2x |
| Fri, 20 Jun 2025 | €37.9b | €12.2b | €1.6b | 15.7x | 24.1x | 3.1x |
| Sun, 18 May 2025 | €37.3b | €11.4b | €1.7b | 18.2x | 21.9x | 3.3x |
| Tue, 15 Apr 2025 | €34.2b | €11.2b | €1.6b | 16.8x | 20.7x | 3x |
| Thu, 13 Mar 2025 | €34.9b | €11.3b | €1.6b | 18.1x | 21.2x | 3.1x |
| Sat, 08 Feb 2025 | €36.5b | €10.9b | €1.6b | 20x | 22.5x | 3.3x |
| Mon, 06 Jan 2025 | €34.9b | €10.9b | €1.6b | 19.3x | 21.5x | 3.2x |
| Wed, 04 Dec 2024 | €34.5b | €10.9b | €1.6b | 17.2x | 21.2x | 3.1x |
| Fri, 01 Nov 2024 | €33.5b | €10.7b | €1.5b | 18.4x | 22.3x | 3.1x |
| Sun, 29 Sep 2024 | €33.5b | €10.7b | €1.5b | 12.4x | 22.3x | 3.1x |
| Tue, 27 Aug 2024 | €30.2b | €10.7b | €1.5b | 11.9x | 20x | 2.8x |
| Thu, 25 Jul 2024 | €30.5b | €10.5b | €1.5b | 13.1x | 20.8x | 2.9x |
| Sat, 22 Jun 2024 | €32.1b | €10.5b | €1.5b | 13.3x | 21.9x | 3.1x |
| Mon, 20 May 2024 | €33.0b | €10.5b | €1.4b | 13.2x | 23.1x | 3.1x |
| Wed, 17 Apr 2024 | €29.0b | €10.2b | €1.4b | 13.9x | 21.4x | 2.8x |
| Fri, 15 Mar 2024 | €29.8b | €10.2b | €1.4b | 14.3x | 22x | 2.9x |
| Sun, 11 Feb 2024 | €32.2b | €9.8b | €1.3b | 10.2x | 24.4x | 3.3x |
| Tue, 09 Jan 2024 | €32.3b | €9.8b | €1.3b | 9.9x | 24.5x | 3.3x |
| Thu, 07 Dec 2023 | €32.6b | €9.8b | €1.3b | 9.4x | 24.7x | 3.3x |
| Sat, 04 Nov 2023 | €29.0b | €9.6b | €1.2b | 9.1x | 24.2x | 3x |
| Mon, 02 Oct 2023 | €29.6b | €9.6b | €1.2b | 9.6x | 24.7x | 3.1x |
| Wed, 30 Aug 2023 | €32.4b | €9.5b | €1.2b | 10.2x | 27.5x | 3.4x |
| Fri, 28 Jul 2023 | €34.4b | €9.2b | €1.1b | 11x | 30.9x | 3.7x |
| Sun, 25 Jun 2023 | €34.9b | €9.2b | €1.1b | 11x | 31.3x | 3.8x |
| Tue, 23 May 2023 | €34.5b | €9.1b | €1.1b | 10.8x | 31x | 3.8x |
31x
Which industries have driven the changes within the Spanish Consumer Discretionary industry?
| ES Market | -1.40% | |
| Consumer Discretionary | -3.27% | |
| Hospitality | -1.26% | |
| Casinos and Gaming | 0% | 0 |
| Hotels, Resorts and Cruise Lines | -1.33% | |
| Restaurants | -14.32% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MEL Meliá Hotels International | €11.80 | 4.3% +€107.9m | 79.1% | PE15.9x |