Narrative Update • Jul 30

In the last week, Hospitality has been flat. The past year has been better, since the industry has gained 3.0% in that time. Earnings are forecast to grow by 19% annually.
Has the French Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 08 Aug 2026 | €30.9b | €43.1b | €1.1b | 18.6x | 27x | 0.7x |
| Mon, 06 Jul 2026 | €30.7b | €43.1b | €1.5b | 17.4x | 21.1x | 0.7x |
| Wed, 03 Jun 2026 | €30.0b | €45.1b | €1.5b | 14.9x | 19.4x | 0.7x |
| Fri, 01 May 2026 | €27.8b | €43.2b | €1.5b | 14.1x | 18.5x | 0.6x |
| Sun, 29 Mar 2026 | €27.5b | €43.7b | €1.7b | 12.7x | 15.8x | 0.6x |
| Tue, 24 Feb 2026 | €30.4b | €43.6b | €1.7b | 14.2x | 17.5x | 0.7x |
| Thu, 22 Jan 2026 | €28.9b | €43.5b | €2.0b | 15.3x | 14.2x | 0.7x |
| Sat, 20 Dec 2025 | €29.5b | €42.5b | €2.0b | 15.5x | 14.4x | 0.7x |
| Mon, 17 Nov 2025 | €29.1b | €43.3b | €1.9b | 15.2x | 15x | 0.7x |
| Wed, 15 Oct 2025 | €29.7b | €43.4b | €1.9b | 16.1x | 15.5x | 0.7x |
| Fri, 12 Sep 2025 | €29.7b | €43.4b | €1.9b | 16x | 15.5x | 0.7x |
| Sun, 10 Aug 2025 | €30.7b | €43.4b | €1.9b | 16.2x | 16x | 0.7x |
| Tue, 08 Jul 2025 | €31.6b | €42.9b | €2.0b | 14.9x | 15.9x | 0.7x |
| Thu, 05 Jun 2025 | €32.0b | €42.8b | €2.0b | 15.9x | 16x | 0.7x |
| Sat, 03 May 2025 | €30.7b | €42.6b | €1.9b | 12.2x | 15.8x | 0.7x |
| Mon, 31 Mar 2025 | €30.2b | €42.2b | €2.0b | 12.2x | 15.1x | 0.7x |
| Wed, 26 Feb 2025 | €34.6b | €41.9b | €2.1b | 14.6x | 16.8x | 0.8x |
| Fri, 24 Jan 2025 | €34.3b | €41.6b | €2.1b | 13.9x | 16.5x | 0.8x |
| Sun, 22 Dec 2024 | €35.1b | €41.6b | €2.1b | 14.9x | 16.9x | 0.8x |
| Tue, 19 Nov 2024 | €36.3b | €41.3b | €2.1b | 16.1x | 17.6x | 0.9x |
| Thu, 17 Oct 2024 | €33.8b | €40.7b | €2.0b | 14.4x | 16.6x | 0.8x |
| Sat, 14 Sep 2024 | €33.8b | €40.7b | €2.0b | 15.6x | 16.6x | 0.8x |
| Mon, 12 Aug 2024 | €32.9b | €40.7b | €2.0b | 14x | 16.2x | 0.8x |
| Wed, 10 Jul 2024 | €32.7b | €40.2b | €2.0b | 15.1x | 16.4x | 0.8x |
| Fri, 07 Jun 2024 | €34.9b | €40.2b | €2.0b | 16.5x | 17.6x | 0.9x |
| Sun, 05 May 2024 | €34.5b | €39.5b | €1.9b | 17.6x | 17.8x | 0.9x |
| Tue, 02 Apr 2024 | €35.3b | €38.9b | €1.8b | 17.6x | 19.9x | 0.9x |
| Thu, 29 Feb 2024 | €33.8b | €38.7b | €1.7b | 17.7x | 19.7x | 0.9x |
| Sat, 27 Jan 2024 | €37.1b | €38.6b | €1.6b | 17x | 22.7x | 1x |
| Mon, 25 Dec 2023 | €35.4b | €38.6b | €1.6b | 16.7x | 21.7x | 0.9x |
| Wed, 22 Nov 2023 | €35.0b | €38.0b | €2.4b | 14.9x | 14.8x | 0.9x |
| Fri, 20 Oct 2023 | €33.0b | €38.2b | €2.6b | 14.9x | 12.7x | 0.9x |
| Sun, 17 Sep 2023 | €35.8b | €38.2b | €2.6b | 16.6x | 13.8x | 0.9x |
| Tue, 15 Aug 2023 | €34.6b | €38.1b | €2.6b | 16.7x | 13.3x | 0.9x |
13.3x
Which industries have driven the changes within the French Consumer Discretionary industry?
| FR Market | 2.37% | |
| Consumer Discretionary | 2.50% | |
| Hospitality | 1.59% | |
| Hotels, Resorts and Cruise Lines | 3.81% | |
| Leisure Facilities | 1.42% | |
| Casinos and Gaming | 0.11% | |
| Restaurants | -0.018% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| AC Accor | €46.80 | 4.2% +€441.9m | 3.2% | PE47.3x | |
| FDJU FDJ United | €22.26 | 1.5% +€61.0m | -21.5% | PE171.4x | |
| CDA Compagnie des Alpes | €21.05 | 3.4% +€35.5m | -7.9% | PE9.1x | |
| SW Sodexo | €57.15 | 0.09% +€7.3m | 10.0% | PE18.6x | |
| MLHOT Hotelim Société Anonyme | €55.00 | 10.0% +€4.9m | 2.8% | n/a |