TSXV:AHP

Stock Analysis Report

Allied Hotel Properties

Executive Summary

Allied Hotel Properties Inc. engages in the ownership, management, and development of hotels and real estate properties in Canada.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Allied Hotel Properties's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AHP has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.7%

AHP

-3.9%

CA Hospitality

-4.8%

CA Market


1 Year Return

n/a

AHP

11.1%

CA Hospitality

0.1%

CA Market

Return vs Industry: Insufficient data to determine how AHP performed against the Canadian Hospitality industry.

Return vs Market: Insufficient data to determine how AHP performed against the Canadian Market.


Shareholder returns

AHPIndustryMarket
7 Day1.7%-3.9%-4.8%
30 Dayn/a-1.9%-3.2%
90 Day13.5%-1.8%-1.0%
1 Yearn/a11.9%11.1%3.3%0.1%
3 Yearn/a40.0%36.6%12.9%2.7%
5 Yearn/a9.3%6.9%29.2%10.3%

Price Volatility Vs. Market

How volatile is Allied Hotel Properties's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Allied Hotel Properties undervalued compared to its fair value and its price relative to the market?

41.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: AHP (CA$0.59) is trading above our estimate of fair value (CA$0.06)

Significantly Below Fair Value: AHP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: AHP is poor value based on its PE Ratio (41.8x) compared to the Hospitality industry average (16.7x).

PE vs Market: AHP is poor value based on its PE Ratio (41.8x) compared to the Canadian market (15.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate AHP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: AHP is overvalued based on its PB Ratio (20.7x) compared to the CA Hospitality industry average (1.6x).


Next Steps

Future Growth

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

18.8%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Allied Hotel Properties has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

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

58.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AHP has high quality earnings.

Growing Profit Margin: AHP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: AHP has become profitable over the past 5 years, growing earnings by 58.3% per year.

Accelerating Growth: AHP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: AHP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (-12.4%).


Return on Equity

High ROE: Whilst AHP's Return on Equity (46.56%) is outstanding, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Allied Hotel Properties's financial position?


Financial Position Analysis

Short Term Liabilities: AHP's short term assets (CA$21.4M) exceed its short term liabilities (CA$18.4M).

Long Term Liabilities: AHP has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: AHP is debt free.

Reducing Debt: AHP has no debt compared to 5 years ago when its debt to equity ratio was 1069.5%.


Balance Sheet

Inventory Level: AHP has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if AHP's debt is covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: AHP is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: AHP is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate AHP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate AHP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if AHP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if AHP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AHP's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

13.8yrs

Average board tenure


CEO

Peter Eng 0

16.4yrs

Tenure

CA$324,600

Compensation

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 ...


CEO Compensation Analysis

Compensation vs Market: Peter's total compensation ($USD244.02K) is above average for companies of similar size in the Canadian market ($USD156.06K).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Peter Eng
Founder16.4yrsCA$324.60k0.00094% CA$579.7
Michael Chan
President16.4yrsCA$314.92kno data
Francis Wong
Director15.8yrsCA$159.60kno data
Syed Abu bin Syed Mohsin Almohdzar
Independent Director22.8yrsCA$10.85kno data
T. Callahan
Independent Director11.7yrsCA$14.65kno data
Patrick Kong
Independent Director13.8yrsCA$15.75kno data
Dennis Ng
Independent Director10.3yrsCA$8.40kno data
Andrew Saxton
Alternate Director2.6yrsCA$17.10kno data

13.8yrs

Average Tenure

Experienced Board: AHP's board of directors are seasoned and experienced ( 13.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Allied Hotel Properties Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Allied Hotel Properties Inc.
  • Ticker: AHP
  • Exchange: TSXV
  • Founded: 1968
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: CA$61.670m
  • Shares outstanding: 106.33m
  • Website: https://www.alliedhotels.com

Number of Employees


Location

  • Allied Hotel Properties Inc.
  • 515 West Pender Street
  • Suite 300
  • Vancouver
  • British Columbia
  • V6B 6H5
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
AHPTSXV (TSX Venture Exchange)YesCommon SharesCACADNov 1999

Biography

Allied Hotel Properties Inc. engages in the ownership, management, and development of hotels and real estate properties in Canada. 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. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 23:32
End of Day Share Price2020/02/26 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.