Estimating The Fair Value Of Kindred Group plc (STO:KIND SDB)
Sep 22
Swedish (OMX) Hospitality Industry Analysis
UpdatedSep 26, 2023
DataAggregated Company Financials
Companies20
- 7D-7.3%
- 3M-15.7%
- 1Y29.5%
- YTD5.5%
Over the last 7 days, the Hospitality industry has dropped 7.3%, driven by a pullback from Evolution of 7.7%. In the past year, the industry has gained 29%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the Swedish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 26 Sep 2023 | kr307.0b | kr82.9b | kr16.5b | 11.5x | 18.7x | 3.7x |
| Thu, 24 Aug 2023 | kr327.3b | kr83.8b | kr16.7b | 11.6x | 19.6x | 3.9x |
| Sat, 22 Jul 2023 | kr352.7b | kr81.1b | kr16.0b | 14.4x | 22.1x | 4.3x |
| Mon, 19 Jun 2023 | kr571.3b | kr79.7b | kr15.4b | 13.5x | 37x | 7.2x |
| Wed, 17 May 2023 | kr581.1b | kr77.8b | kr15.0b | 15.1x | 38.9x | 7.5x |
| Fri, 14 Apr 2023 | kr360.9b | kr73.3b | kr13.6b | 17.8x | 26.5x | 4.9x |
| Sun, 12 Mar 2023 | kr341.5b | kr73.3b | kr13.7b | 15.9x | 24.9x | 4.7x |
| Tue, 07 Feb 2023 | kr355.8b | kr69.5b | kr13.8b | 16.4x | 25.7x | 5.1x |
| Thu, 05 Jan 2023 | kr304.2b | kr67.5b | kr13.0b | 15.7x | 23.5x | 4.5x |
| Sat, 03 Dec 2022 | kr302.2b | kr66.9b | kr12.8b | 15.3x | 23.6x | 4.5x |
| Mon, 31 Oct 2022 | kr281.7b | kr66.8b | kr12.9b | 16.7x | 21.9x | 4.2x |
| Wed, 28 Sep 2022 | kr251.4b | kr63.0b | kr12.0b | 13.8x | 20.9x | 4x |
| Fri, 26 Aug 2022 | kr260.0b | kr63.7b | kr12.8b | 13.7x | 20.3x | 4.1x |
| Sun, 24 Jul 2022 | kr266.5b | kr63.3b | kr12.8b | 13.5x | 20.9x | 4.2x |
| Tue, 21 Jun 2022 | kr263.1b | kr59.4b | kr11.3b | 13.5x | 23.4x | 4.4x |
| Thu, 19 May 2022 | kr278.2b | kr59.0b | kr10.8b | 21.3x | 25.8x | 4.7x |
| Sat, 16 Apr 2022 | kr278.1b | kr57.2b | kr10.7b | 21.7x | 26x | 4.9x |
| Mon, 14 Mar 2022 | kr278.1b | kr57.2b | kr10.6b | 20.8x | 26.3x | 4.9x |
| Wed, 09 Feb 2022 | kr308.1b | kr54.3b | kr9.2b | 20.7x | 33.5x | 5.7x |
| Fri, 07 Jan 2022 | kr344.2b | kr54.0b | kr9.1b | 16.9x | 37.8x | 6.4x |
| Sun, 05 Dec 2021 | kr266.3b | kr53.6b | kr9.1b | 17.5x | 29.3x | 5x |
| Tue, 02 Nov 2021 | kr402.3b | kr54.8b | kr8.7b | 22.3x | 46.1x | 7.3x |
| Thu, 30 Sep 2021 | kr395.6b | kr51.4b | kr7.0b | 18.6x | 56.4x | 7.7x |
| Sat, 28 Aug 2021 | kr417.7b | kr45.3b | kr9.6b | 18.1x | 43.5x | 9.2x |
| Sun, 04 Jul 2021 | kr389.7b | kr45.3b | kr9.6b | 22x | 40.6x | 8.6x |
| Wed, 07 Apr 2021 | kr382.3b | kr41.8b | kr7.6b | 21.4x | 50x | 9.1x |
| Sat, 09 Jan 2021 | kr262.0b | kr38.7b | kr5.3b | 23.2x | 49.7x | 6.8x |
| Fri, 02 Oct 2020 | kr179.2b | kr37.6b | kr5.4b | 18.6x | 33.3x | 4.8x |
Price to Earnings Ratio
33.3x
Current Industry PE
- Investors are pessimistic on the Swedish Hospitality industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 18.7x which is lower than its 3-year average PE of 35.1x.
- The 3-year average PS ratio of 6.1x is higher than the industry's current PS ratio of 3.7x.
Past Earnings Growth
- The earnings for companies in the Hospitality industry have grown 45% per year over the last three years.
- Revenues for these companies have grown 30% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Swedish Consumer Discretionary industry?
| SE Market | -1.27% | |
| Consumer Discretionary | -2.47% | |
| Hospitality | -7.29% | |
| Restaurants | 0% | |
| Leisure Facilities | -1.87% | |
| Hotels, Resorts and Cruise Lines | -6.28% | |
| Casinos and Gaming | -7.47% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry even though it's trading below its 3-year average PE ratio of 951x.
- Analysts are expecting annual earnings growth of 15.6%, which is higher than its past year's earnings decline of 11.9% per year.
- Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 24% over the next 5 years.
- In contrast, the Casinos and Gaming 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 | |
|---|---|---|---|---|---|
| RAKE Raketech Group Holding | kr19.94 | 3.1% +kr25.4m | 22.3% | PE7.6x | |
| LADYLU LL Lucky Games | kr0.70 | 17.1% +kr13.8m | -12.5% | PS4.5x | |
| BLICK Blick Global Group | kr0.61 | 1.0% +kr57.4k | -92.2% | PS0.2x |