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Allied Hotel Properties

TSXV:AHP
Snowflake Description

Solid track record with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AHP
TSXV
CA$31M
Market Cap
  1. Home
  2. CA
  3. Consumer Services
Company description

Allied Hotel Properties Inc. engages in the ownership, management, and development of hotels and real estate properties in Canadian urban centers. The last earnings update was 56 days ago. More info.


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  • Allied Hotel Properties has significant price volatility in the past 3 months.
AHP Share Price and Events
7 Day Returns
47.5%
TSXV:AHP
2.8%
CA Hospitality
-0.5%
CA Market
1 Year Returns
-
TSXV:AHP
-35.2%
CA Hospitality
-2.9%
CA Market
AHP Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Allied Hotel Properties (AHP) 47.5% 490% 490% - 293.3% -
CA Hospitality 2.8% 0.1% -6.5% -35.2% 28.2% 27.3%
CA Market -0.5% 0.8% -2.1% -2.9% 8% 0.6%
1 Year Return vs Industry and Market
  • No trading data on AHP.
  • No trading data on AHP.
Price Volatility
AHP
Industry
5yr Volatility vs Market

AHP Value

 Is Allied Hotel Properties undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Allied Hotel Properties to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Allied Hotel Properties.

TSXV:AHP Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9.2%
Perpetual Growth Rate 10-Year CA Government Bond Rate 1.9%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for TSXV:AHP
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year CA Govt Bond Rate 1.9%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.93
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.928 (1 + (1- 26.5%) (56.31%))
1.209
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.21
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.95% + (1.209 * 5.96%)
9.16%

Discounted Cash Flow Calculation for TSXV:AHP using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Allied Hotel Properties is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

TSXV:AHP DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CAD, Millions) Source Present Value
Discounted (@ 9.16%)
2020 1.36 Est @ 22.57% 1.24
2021 1.58 Est @ 16.38% 1.33
2022 1.77 Est @ 12.05% 1.36
2023 1.93 Est @ 9.02% 1.36
2024 2.06 Est @ 6.9% 1.33
2025 2.17 Est @ 5.41% 1.29
2026 2.27 Est @ 4.37% 1.23
2027 2.35 Est @ 3.65% 1.17
2028 2.43 Est @ 3.14% 1.10
2029 2.49 Est @ 2.78% 1.04
Present value of next 10 years cash flows CA$12.45
TSXV:AHP DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CA$2.49 × (1 + 1.95%) ÷ (9.16% – 1.95%)
CA$35.27
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CA$35.27 ÷ (1 + 9.16%)10
CA$14.69
TSXV:AHP Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CA$12.45 + CA$14.69
CA$27.13
Equity Value per Share
(CAD)
= Total value / Shares Outstanding
= CA$27.13 / 106.33
CA$0.26
TSXV:AHP Discount to Share Price
Calculation Result
Value per share (CAD) From above. CA$0.26
Current discount Discount to share price of CA$0.30
= -1 x (CA$0.30 - CA$0.26) / CA$0.26
-15.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Allied Hotel Properties is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Allied Hotel Properties's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Allied Hotel Properties's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:AHP PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in CAD CA$0.01
TSXV:AHP Share Price ** TSXV (2019-07-17) in CAD CA$0.3
Canada Hospitality Industry PE Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 17.25x
Canada Market PE Ratio Median Figure of 538 Publicly-Listed Companies 15.05x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Allied Hotel Properties.

TSXV:AHP PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:AHP Share Price ÷ EPS (both in CAD)

= 0.3 ÷ 0.01

21.18x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Allied Hotel Properties is overvalued based on earnings compared to the CA Hospitality industry average.
  • Allied Hotel Properties is overvalued based on earnings compared to the Canada market.
Price based on expected Growth
Does Allied Hotel Properties's expected growth come at a high price?
Raw Data
TSXV:AHP PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.18x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-22%per year
North America Hospitality Industry PEG Ratio Median Figure of 59 Publicly-Listed Hospitality Companies 1.91x
Canada Market PEG Ratio Median Figure of 248 Publicly-Listed Companies 1.16x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Allied Hotel Properties, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Allied Hotel Properties's assets?
Raw Data
TSXV:AHP PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in CAD CA$0.02
TSXV:AHP Share Price * TSXV (2019-07-17) in CAD CA$0.3
Canada Hospitality Industry PB Ratio Median Figure of 21 Publicly-Listed Hospitality Companies 1.47x
Canada Market PB Ratio Median Figure of 2,440 Publicly-Listed Companies 1.42x
TSXV:AHP PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:AHP Share Price ÷ Book Value per Share (both in CAD)

= 0.3 ÷ 0.02

19.45x

* Primary Listing of Allied Hotel Properties.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Allied Hotel Properties is overvalued based on assets compared to the CA Hospitality industry average.
X
Value checks
We assess Allied Hotel Properties's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Allied Hotel Properties has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

AHP Future Performance

 How is Allied Hotel Properties expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Allied Hotel Properties, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-22%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Allied Hotel Properties expected to grow at an attractive rate?
  • Allied Hotel Properties's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 1.9%.
Growth vs Market Checks
  • Allied Hotel Properties's earnings are expected to decrease over the next 1-3 years, this is below the Canada market average.
  • Unable to compare Allied Hotel Properties's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:AHP Future Growth Rates Data Sources
Data Point Source Value (per year)
TSXV:AHP Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -22%
Canada Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 24.8%
Canada Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 7.8%
Canada Market Earnings Growth Rate Market Cap Weighted Average 14%
Canada Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:AHP Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:AHP Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-03-31 15 2 1
2018-12-31 15 1 1
2018-09-30 14 1 1
2018-06-30 14 1 1
2018-03-31 14 1 0
2017-12-31 13 2 0
2017-09-30 13 2 1
2017-06-30 13 1 0
2017-03-31 13 1 0
2016-12-31 12 1 0
2016-09-30 12 0 0
2016-06-30 11 0 -1

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Allied Hotel Properties's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Allied Hotel Properties is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:AHP Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Allied Hotel Properties Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AHP Past Financials Data
Date (Data in CAD Millions) EPS *
2019-03-31 0.01
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.01
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Allied Hotel Properties will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Allied Hotel Properties's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Allied Hotel Properties has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

AHP Past Performance

  How has Allied Hotel Properties performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Allied Hotel Properties's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Allied Hotel Properties has delivered over 20% year on year earnings growth in the past 5 years.
  • Allied Hotel Properties's 1-year earnings growth exceeds its 5-year average (3697.4% vs 67.9%)
  • Allied Hotel Properties's earnings growth has exceeded the CA Hospitality industry average in the past year (3697.4% vs -7.4%).
Earnings and Revenue History
Allied Hotel Properties's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Allied Hotel Properties Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:AHP Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 14.82 1.48 4.06
2018-12-31 14.61 1.02 4.33
2018-09-30 14.27 0.63 4.53
2018-06-30 14.23 0.51 4.66
2018-03-31 13.71 0.04 4.70
2017-12-31 13.23 0.30 4.18
2017-09-30 12.84 0.58 3.76
2017-06-30 12.69 0.43 3.68
2017-03-31 12.51 0.41 3.35
2016-12-31 12.32 0.14 3.51
2016-09-30 11.69 -0.27 3.35
2016-06-30 10.74 -0.64 2.38
2016-03-31 10.28 -0.98 3.18
2015-12-31 9.98 -1.16 2.88
2015-09-30 9.82 -0.80 2.96
2015-06-30 9.50 -1.07 3.75
2015-03-31 9.48 -0.83 2.92
2014-12-31 9.80 -0.46 2.97
2014-09-30 9.75 -0.76 2.83
2014-06-30 9.45 -0.96 2.77
2014-03-31 9.24 -1.94 2.91
2013-12-31 9.01 -2.15 2.93
2013-09-30 9.05 -5.81 3.04
2013-06-30 8.48 -6.27 3.11
2013-03-31 7.86 -6.59 2.78
2012-12-31 7.80 -6.79 3.31
2012-09-30 8.13 -9.26 4.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst Allied Hotel Properties made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • Allied Hotel Properties used its assets more efficiently than the CA Hospitality industry average last year based on Return on Assets.
  • Allied Hotel Properties has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Allied Hotel Properties's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Allied Hotel Properties has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

AHP Health

 How is Allied Hotel Properties's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Allied Hotel Properties's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Allied Hotel Properties's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Allied Hotel Properties has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Allied Hotel Properties's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Allied Hotel Properties Company Filings, last reported 3 months ago.

TSXV:AHP Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1.61 17.66 0.38
2018-12-31 1.95 17.33 0.58
2018-09-30 1.61 17.69 1.00
2018-06-30 0.69 18.09 0.84
2018-03-31 0.13 17.90 0.31
2017-12-31 0.93 16.38 0.67
2017-09-30 0.99 17.01 0.98
2017-06-30 0.18 17.47 0.83
2017-03-31 0.09 17.31 0.39
2016-12-31 0.64 17.22 0.98
2016-09-30 0.40 17.32 0.54
2016-06-30 -0.25 17.52 0.37
2016-03-31 -0.32 17.63 0.46
2015-12-31 0.49 16.58 0.18
2015-09-30 0.67 16.51 0.14
2015-06-30 0.39 16.35 0.12
2015-03-31 0.66 15.95 0.08
2014-12-31 1.65 15.66 0.83
2014-09-30 1.47 15.75 0.40
2014-06-30 1.46 15.67 0.62
2014-03-31 1.49 15.33 0.58
2013-12-31 2.10 14.83 0.57
2013-09-30 2.24 17.39 0.61
2013-06-30 2.42 17.37 0.61
2013-03-31 3.43 16.90 0.56
2012-12-31 4.26 16.21 0.74
2012-09-30 8.05 15.52 0.82
  • Allied Hotel Properties's level of debt (1095.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1030.2% vs 1095.1% today).
  • Debt is not well covered by operating cash flow (8.7%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.6x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Allied Hotel Properties's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Allied Hotel Properties has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

AHP Dividends

 What is Allied Hotel Properties's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Allied Hotel Properties dividends.
If you bought CA$2,000 of Allied Hotel Properties shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Allied Hotel Properties's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Allied Hotel Properties's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:AHP Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Canada Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 2.3%
Canada Market Average Dividend Yield Market Cap Weighted Average of 336 Stocks 3.5%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.1%
Canada Bottom 25% Dividend Yield 25th Percentile 2.1%
Canada Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Allied Hotel Properties has not reported any payouts.
  • Unable to verify if Allied Hotel Properties's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Allied Hotel Properties's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Allied Hotel Properties has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Allied Hotel Properties's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Allied Hotel Properties afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Allied Hotel Properties has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

AHP Management

 What is the CEO of Allied Hotel Properties's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Peter Eng
COMPENSATION CA$358,800
TENURE AS CEO 15.8 years
CEO Bio

Mr. Peter Y. L. Eng has been the Chairman & Chief Executive Officer of Allied Hotel Properties Inc., Allied Pacific Properties and Hotels Ltd., since September 1, 2003 and serves as Founder at Allied Hotel Properties Inc. Mr. Eng serves as the Chairman of the Board of Allied Holdings Ltd. and its division Allied Hotel Properties Inc., and Allied Holdings Group. He serves as the Chairman of the Board of Allied Pacific Properties and Hotels Ltd., and has been its Director since 1994. He has been a Director of Allied Hotel Properties Inc., since October 21, 1999. Mr. Eng serves as Director of Allied Holdings Ltd. and has been a Director at HSBC Canada Asset Trust since December 1995. He served as a Director of HSBC Bank Canada since December 1995.

CEO Compensation
  • Peter's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Peter's remuneration is higher than average for companies of similar size in Canada.
Management Team

Peter Eng

TITLE
Founder
COMPENSATION
CA$359K
TENURE
15.8 yrs

Michael Chan

TITLE
President
COMPENSATION
CA$340K
TENURE
15.8 yrs

Eva Andrianos

TITLE
Controller
Board of Directors Tenure

Average tenure of the Allied Hotel Properties board of directors in years:

13.2
Average Tenure
  • The average tenure for the Allied Hotel Properties board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Michael Chan

TITLE
President
COMPENSATION
CA$340K
TENURE
15.8 yrs

Francis Wong

TITLE
Director
COMPENSATION
CA$160K
TENURE
15.3 yrs

Peter Eng

TITLE
Founder
COMPENSATION
CA$359K

Syed Abu bin Syed Mohsin Almohdzar

TITLE
Independent Director
COMPENSATION
CA$11K
AGE
69
TENURE
22.2 yrs

Patrick Kong

TITLE
Independent Director
COMPENSATION
CA$16K
TENURE
13.2 yrs

Lloyd Callahan

TITLE
Independent Director
COMPENSATION
CA$15K
TENURE
11.1 yrs

Dennis Ng

TITLE
Independent Director
COMPENSATION
CA$8K
TENURE
9.7 yrs

Andrew Saxton

TITLE
Alternate Director
COMPENSATION
CA$17K
TENURE
2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Allied Hotel Properties's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Allied Hotel Properties has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

AHP News

Simply Wall St News

Allied Hotel Properties Inc (CVE:AHP): A Look At Return On Capital

and looking to gauge the potential return on investment in Allied Hotel Properties Inc (CVE:AHP). … Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand Allied Hotel Properties’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Does Allied Hotel Properties Inc's (CVE:AHP) 105.56% Earnings Growth Make It An Outperformer?

Assessing Allied Hotel Properties Inc's (TSXV:AHP) performance as a company requires looking at more than just a years' earnings data. … Below, I will run you through a simple sense check to build perspective on how Allied Hotel Properties is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its hospitality industry peers. … Given that these values may be relatively myopic, I have calculated an annualized five-year figure for AHP's earnings, which stands at -CA$1.84M This shows that, on average, Allied Hotel Properties has been able to consistently improve its earnings over the past few years as well.

Simply Wall St -

AHP Company Info

Description

Allied Hotel Properties Inc. engages in the ownership, management, and development of hotels and real estate properties in Canadian urban centers. It operates in two segments, Hotel Operations and Real Estate Development. The company owns and manages the Toronto Don Valley Hotel and Suites, a 353 room full service hotel located in Toronto, Ontario. It also has an interest in a residential condominium development project in Toronto. The company was founded in 1968 and is based in Vancouver, Canada. Allied Hotel Properties Inc. is a subsidiary of Allied Holdings Ltd.

Details
Name: Allied Hotel Properties Inc.
AHP
Exchange: TSXV
Founded: 1968
CA$31,366,543
106,327,265
Website: http://www.alliedhotels.com
Address: Allied Hotel Properties Inc.
515 West Pender Street,
Suite 300,
Vancouver,
British Columbia, V6B 6H5,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV AHP Common Shares TSX Venture Exchange CA CAD 05. Nov 1999
Number of employees
Current staff
Staff numbers
128
Allied Hotel Properties employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/17 23:32
End of day share price update: 2019/07/17 00:00
Last earnings filing: 2019/05/22
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.