There's Reason For Concern Over Greggs plc's (LON:GRG) Price
May 22
U.K. (FTSE) Hospitality Industry Analysis
UpdatedMay 22, 2024
DataAggregated Company Financials
Companies40
- 7D0.4%
- 3M-0.3%
- 1Y-3.7%
- YTD5.0%
Last week, the Hospitality industry hasn't moved much but DP Eurasia is up 90% in that time. Unfortunately though, the industry is down 3.7% over the past 12 months. Earnings are forecast to grow by 35% annually.
Industry Valuation and Performance
Has the U.K. Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | UK£93.7b | UK£67.4b | UK£168.8m | 21.9x | 555x | 1.4x |
| Sat, 20 Apr 2024 | UK£89.4b | UK£65.8b | UK£80.2m | 21.3x | 1115.2x | 1.4x |
| Mon, 18 Mar 2024 | UK£94.3b | UK£65.3b | UK£898.1m | 20.8x | 105x | 1.4x |
| Wed, 14 Feb 2024 | UK£94.2b | UK£65.0b | UK£1.1b | 21.5x | 84.6x | 1.4x |
| Fri, 12 Jan 2024 | UK£88.8b | UK£66.2b | UK£980.6m | 21.6x | 90.6x | 1.3x |
| Sun, 10 Dec 2023 | UK£86.1b | UK£66.2b | UK£982.5m | 22.1x | 87.7x | 1.3x |
| Tue, 07 Nov 2023 | UK£86.7b | UK£64.3b | UK£1.0b | 20x | 82.6x | 1.3x |
| Thu, 05 Oct 2023 | UK£85.5b | UK£64.0b | UK£997.4m | 21.9x | 85.7x | 1.3x |
| Sat, 02 Sep 2023 | UK£89.8b | UK£63.8b | UK£1.0b | 20.7x | 86x | 1.4x |
| Mon, 31 Jul 2023 | UK£94.3b | UK£61.8b | UK£1.2b | 24.6x | 79.4x | 1.5x |
| Wed, 28 Jun 2023 | UK£94.7b | UK£61.8b | UK£1.2b | 21.8x | 79.4x | 1.5x |
| Fri, 26 May 2023 | UK£97.5b | UK£61.7b | UK£1.2b | 21.7x | 80.6x | 1.6x |
| Sun, 23 Apr 2023 | UK£94.7b | UK£56.5b | UK£1.2b | 20.1x | 78.6x | 1.7x |
| Tue, 21 Mar 2023 | UK£86.2b | UK£57.0b | UK£1.5b | 18.6x | 59x | 1.5x |
| Thu, 16 Feb 2023 | UK£83.8b | UK£53.3b | UK£1.8b | 20.5x | 47.4x | 1.6x |
| Sat, 14 Jan 2023 | UK£84.2b | UK£53.1b | UK£2.1b | 11.1x | 39.9x | 1.6x |
| Mon, 12 Dec 2022 | UK£81.4b | UK£53.0b | UK£2.1b | 11.9x | 38.7x | 1.5x |
| Wed, 09 Nov 2022 | UK£79.2b | UK£47.4b | UK£1.4b | 11.2x | 55.3x | 1.7x |
| Fri, 07 Oct 2022 | UK£74.1b | UK£46.2b | UK£986.1m | 8.7x | 75.2x | 1.6x |
| Sun, 04 Sep 2022 | UK£75.7b | UK£45.4b | UK£1.2b | 13x | 62.2x | 1.7x |
| Tue, 02 Aug 2022 | UK£76.1b | UK£44.3b | UK£1.2b | 11.9x | 61.7x | 1.7x |
| Thu, 30 Jun 2022 | UK£71.7b | UK£43.9b | UK£1.2b | 14.3x | 58.3x | 1.6x |
| Sat, 28 May 2022 | UK£78.9b | UK£44.0b | UK£1.2b | 18x | 67.7x | 1.8x |
| Mon, 25 Apr 2022 | UK£75.5b | UK£38.0b | -UK£232,799,234.00 | 20.3x | -324.4x | 2x |
| Wed, 23 Mar 2022 | UK£78.2b | UK£37.7b | -UK£551,396,655.00 | 20.5x | -141.8x | 2.1x |
| Fri, 18 Feb 2022 | UK£84.7b | UK£36.5b | -UK£410,291,285.00 | 24.9x | -206.5x | 2.3x |
| Sun, 16 Jan 2022 | UK£85.2b | UK£36.3b | -UK£539,485,141.00 | 47.7x | -158x | 2.3x |
| Tue, 14 Dec 2021 | UK£78.1b | UK£36.3b | -UK£556,879,945.00 | 36.3x | -140.2x | 2.1x |
| Thu, 11 Nov 2021 | UK£65.9b | UK£27.5b | -UK£1,234,621,626.00 | 35.8x | -53.4x | 2.4x |
| Sat, 09 Oct 2021 | UK£64.7b | UK£27.0b | -UK£1,913,675,626.00 | 35.6x | -33.8x | 2.4x |
| Mon, 06 Sep 2021 | UK£63.9b | UK£27.1b | -UK£2,303,914,579.02 | 36.1x | -27.7x | 2.4x |
| Wed, 04 Aug 2021 | UK£63.2b | UK£27.0b | -UK£2,435,407,050.02 | 33.6x | -25.9x | 2.3x |
Price to Earnings Ratio
-25.8x
Current Industry PE
- Investors are optimistic on the British Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 555x which is higher than its 3-year average PE of 61.8x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 36% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.K. Consumer Discretionary industry?
| GB Market | 0.24% | |
| Consumer Discretionary | 0.46% | |
| Hospitality | 0.38% | |
| Casinos and Gaming | 1.84% | |
| Leisure Facilities | 1.27% | |
| Restaurants | -0.34% | |
| Hotels, Resorts and Cruise Lines | -1.67% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry which is trading above its 3-year average PE ratio of 24.0x.
- Analysts are expecting annual earnings growth of 27.5%, which is lower than the prior year's growth of 431.4% per year.
Forecasted Growth
- Analysts are most optimistic on the Casinos and Gaming industry, expecting annual earnings growth of 67% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Restaurants industry is expected to see its earnings grow by 14% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MAB Mitchells & Butlers | UK£2.93 | 14.3% +UK£216.7m | 41.4% | PS0.7x | |
| CPG Compass Group | UK£22.60 | 0.4% +UK£136.1m | 3.3% | PE27.8x | |
| DPEU DP Eurasia | UK£1.90 | 89.5% +UK£131.6m | 319.4% | PE42.6x | |
| ROO Deliveroo | UK£1.45 | 5.2% +UK£109.8m | 32.8% | PS1.1x | |
| IHG InterContinental Hotels Group | UK£78.70 | 0.6% +UK£62.2m | 49.8% | PE21.6x |
