Narrative Update • Jul 17

In the last week, the Hospitality industry is up 6.2%, with Amadeus IT Group up 7.8%. In contrast, the industry has lost 16% in the last 12 months. Earnings are forecast to grow by 11% annually.
Has the Spanish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | €31.4b | €12.6b | €1.8b | 13.2x | 17.1x | 2.5x |
| Tue, 07 Jul 2026 | €29.0b | €12.5b | €1.8b | 15.7x | 15.8x | 2.3x |
| Thu, 04 Jun 2026 | €29.1b | €12.4b | €1.8b | 12.1x | 15.9x | 2.3x |
| Sat, 02 May 2026 | €28.0b | €12.3b | €1.6b | 14.4x | 17.6x | 2.3x |
| Mon, 30 Mar 2026 | €27.3b | €12.3b | €1.6b | 12.2x | 17.2x | 2.2x |
| Wed, 25 Feb 2026 | €27.2b | €12.2b | €1.6b | 10.2x | 17.3x | 2.2x |
| Fri, 23 Jan 2026 | €31.8b | €12.2b | €1.6b | 9.7x | 20.2x | 2.6x |
| Sun, 21 Dec 2025 | €33.9b | €12.2b | €1.6b | 15.1x | 21.5x | 2.8x |
| Tue, 18 Nov 2025 | €35.0b | €12.2b | €1.5b | 17.4x | 23.8x | 2.9x |
| Thu, 16 Oct 2025 | €36.9b | €12.1b | €1.5b | 18.2x | 25.4x | 3.1x |
| Sat, 13 Sep 2025 | €37.9b | €12.3b | €1.7b | 13.3x | 22.4x | 3.1x |
| Mon, 11 Aug 2025 | €39.1b | €12.3b | €1.7b | 16.5x | 23.3x | 3.2x |
| Wed, 09 Jul 2025 | €39.4b | €12.2b | €1.6b | 17x | 25x | 3.2x |
| Fri, 06 Jun 2025 | €40.6b | €12.2b | €1.6b | 15.9x | 25.8x | 3.3x |
| Sun, 04 May 2025 | €36.0b | €11.2b | €1.6b | 17.7x | 21.8x | 3.2x |
| Tue, 01 Apr 2025 | €36.0b | €11.2b | €1.6b | 17.2x | 21.8x | 3.2x |
| Thu, 27 Feb 2025 | €35.6b | €11.0b | €1.7b | 18.3x | 21.4x | 3.2x |
| Sat, 25 Jan 2025 | €35.2b | €10.9b | €1.6b | 19.5x | 21.7x | 3.2x |
| Mon, 23 Dec 2024 | €35.2b | €10.9b | €1.6b | 19.5x | 21.7x | 3.2x |
| Wed, 20 Nov 2024 | €33.0b | €10.9b | €1.6b | 16.8x | 20.4x | 3x |
| Fri, 18 Oct 2024 | €33.4b | €10.7b | €1.5b | 12.6x | 22.2x | 3.1x |
| Sun, 15 Sep 2024 | €31.7b | €10.7b | €1.5b | 12.1x | 21.1x | 3x |
| Tue, 13 Aug 2024 | €28.7b | €10.7b | €1.5b | 11.7x | 19x | 2.7x |
| Thu, 11 Jul 2024 | €31.3b | €10.5b | €1.5b | 13.2x | 21.4x | 3x |
| Sat, 08 Jun 2024 | €33.9b | €10.4b | €1.4b | 13.6x | 23.9x | 3.2x |
| Mon, 06 May 2024 | €30.5b | €10.2b | €1.4b | 13.9x | 22.5x | 3x |
| Wed, 03 Apr 2024 | €29.8b | €10.2b | €1.4b | 14.1x | 22.1x | 2.9x |
| Fri, 01 Mar 2024 | €28.4b | €10.1b | €1.4b | 12.4x | 20.5x | 2.8x |
| Sun, 28 Jan 2024 | €33.4b | €9.8b | €1.3b | 10.1x | 25.3x | 3.4x |
| Tue, 26 Dec 2023 | €32.9b | €9.8b | €1.3b | 9.9x | 24.9x | 3.3x |
| Thu, 23 Nov 2023 | €32.0b | €9.8b | €1.3b | 9.3x | 24.5x | 3.3x |
| Sat, 21 Oct 2023 | €27.8b | €9.6b | €1.2b | 9.1x | 23.3x | 2.9x |
| Mon, 18 Sep 2023 | €32.2b | €9.6b | €1.2b | 10.2x | 27x | 3.4x |
| Wed, 16 Aug 2023 | €32.8b | €9.5b | €1.2b | 10.5x | 27.8x | 3.4x |
27.8x
Which industries have driven the changes within the Spanish Consumer Discretionary industry?
| ES Market | 1.73% | |
| Consumer Discretionary | 4.10% | |
| Hospitality | 6.23% | |
| Hotels, Resorts and Cruise Lines | 6.35% | |
| Casinos and Gaming | 0% | 0 |
| Restaurants | -6.05% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AMS Amadeus IT Group | €57.50 | 7.8% +€1.7b | -18.9% | PE18.4x | |
| CIRSA Cirsa Enterprises | €13.92 | 4.8% +€107.5m | -9.9% | PE20.5x | |
| HBX HBX Group International | €7.87 | 1.9% +€36.3m | 0.9% | PE10.3x | |
| EDR eDreams ODIGEO | €5.54 | 1.8% +€10.6m | -35.0% | PE11.2x |