DB:DHG

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Executive Summary

Dalata Hotel Group plc owns and operates hotels under the Clayton Hotels and Maldron Hotels brand names in Ireland and the United Kingdom.


Snowflake Analysis

Very undervalued with acceptable track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: DHG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.6%

DHG

-1.6%

DE Hospitality

0.7%

DE Market


1 Year Return

-36.6%

DHG

-35.2%

DE Hospitality

3.9%

DE Market

Return vs Industry: DHG underperformed the German Hospitality industry which returned -35.2% over the past year.

Return vs Market: DHG underperformed the German Market which returned 3.9% over the past year.


Shareholder returns

DHGIndustryMarket
7 Day5.6%-1.6%0.7%
30 Day-6.1%-7.4%5.3%
90 Day4.1%3.8%17.3%
1 Year-36.2%-36.6%-32.4%-35.2%6.2%3.9%
3 Year-36.6%-38.1%-49.4%-56.3%1.8%-6.2%
5 Year-22.0%-23.8%-50.8%-61.2%9.3%-5.4%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Dalata Hotel Group undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DHG (€3.02) is trading below our estimate of fair value (€10.9)

Significantly Below Fair Value: DHG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DHG is good value based on its PE Ratio (6.9x) compared to the DE Hospitality industry average (20.3x).

PE vs Market: DHG is good value based on its PE Ratio (6.9x) compared to the German market (21x).


Price to Earnings Growth Ratio

PEG Ratio: DHG is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: DHG is good value based on its PB Ratio (0.5x) compared to the DE Hospitality industry average (2x).


Next Steps

Future Growth

How is Dalata Hotel Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

8.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DHG's forecast earnings growth (8.7% per year) is above the savings rate (0.2%).

Earnings vs Market: DHG's earnings (8.7% per year) are forecast to grow slower than the German market (22.4% per year).

High Growth Earnings: DHG's earnings are forecast to grow, but not significantly.

Revenue vs Market: DHG's revenue (11% per year) is forecast to grow faster than the German market (5.9% per year).

High Growth Revenue: DHG's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DHG's Return on Equity is forecast to be low in 3 years time (4.9%).


Next Steps

Past Performance

How has Dalata Hotel Group performed over the past 5 years?

36.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DHG has high quality earnings.

Growing Profit Margin: DHG's current net profit margins (18.2%) are lower than last year (19.2%).


Past Earnings Growth Analysis

Earnings Trend: DHG's earnings have grown significantly by 36.4% per year over the past 5 years.

Accelerating Growth: DHG's earnings growth over the past year (4%) is below its 5-year average (36.4% per year).

Earnings vs Industry: DHG earnings growth over the past year (4%) exceeded the Hospitality industry -15.6%.


Return on Equity

High ROE: DHG's Return on Equity (7.3%) is considered low.


Next Steps

Financial Health

How is Dalata Hotel Group's financial position?


Financial Position Analysis

Short Term Liabilities: DHG's short term assets (€64.3M) do not cover its short term liabilities (€99.2M).

Long Term Liabilities: DHG's short term assets (€64.3M) do not cover its long term liabilities (€811.9M).


Debt to Equity History and Analysis

Debt Level: DHG's debt to equity ratio (38.8%) is considered satisfactory.

Reducing Debt: DHG's debt to equity ratio has increased from 1.1% to 38.8% over the past 5 years.

Debt Coverage: DHG's debt is well covered by operating cash flow (37.2%).

Interest Coverage: DHG's interest payments on its debt are well covered by EBIT (4.1x coverage).


Balance Sheet


Next Steps

Dividend

What is Dalata Hotel Group current dividend yield, its reliability and sustainability?

3.69%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DHG's dividend (3.69%) is higher than the bottom 25% of dividend payers in the German market (1.24%).

High Dividend: DHG's dividend (3.69%) is low compared to the top 25% of dividend payers in the German market (3.82%).


Stability and Growth of Payments

Stable Dividend: DHG has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: DHG's dividend payments have increased, but the company has only paid a dividend for 2 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.4%), DHG's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DHG's dividends in 3 years are forecast to be well covered by earnings (20% payout ratio).


Next Steps

Management

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

7.5yrs

Average management tenure


CEO

Pat McCann (68yo)

13.5yrs

Tenure

€1,633,000

Compensation

Mr. Patrick A. McCann, also known as Pat, H.N.D Business Studies, FIHI serves as the Chief Executive Officer at Dalata Hotel Group p.l.c. since 2007 and has been its Executive Director since January 28, 20 ...


CEO Compensation Analysis

Compensation vs Market: Pat's total compensation ($USD1.85M) is about average for companies of similar size in the German market ($USD1.43M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Patrick McCann
CEO & Executive Director13.5yrs€1.63m0.85% 4.6m
Dermot Crowley
Deputy CEO of Business Development & Finance and Executive Director6.5yrs€934.00k0.27% 1.5m
Stephen McNally
Deputy CEO & Executive Director6.5yrs€925.00k0.32% 1.7m
Niamh Carr
Investor Relations Managerno datano datano data
Seán McKeon
Company Secretaryno datano data0.047% 254.2k
Shane Casserly
Corporate Development Director & Director0.50yrno datano data
Patrice Lennon
Group Head of Sales & Marketing7.5yrsno datano data
Dawn Wynne
Head of Human Resourcesno datano datano data
Tony McGuigan
Head of Procurementno datano datano data
Martha Mannion
Head of Rooms Revenue & Distributionno datano datano data

7.5yrs

Average Tenure

53yo

Average Age

Experienced Management: DHG's management team is seasoned and experienced (7.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Patrick McCann
CEO & Executive Director13.5yrs€1.63m0.85% 4.6m
Dermot Crowley
Deputy CEO of Business Development & Finance and Executive Director6.5yrs€934.00k0.27% 1.5m
Stephen McNally
Deputy CEO & Executive Director6.5yrs€925.00k0.32% 1.7m
Seán McKeon
Company Secretaryno datano data0.047% 254.2k
Shane Casserly
Corporate Development Director & Director0.50yrno datano data
Margaret Sweeney
Independent Non Executive Director6.42yrs€85.00k0.025% 136.1k
John Hennessy
Non Executive Chairman6.42yrs€150.00k0.081% 436.5k
Elizabeth McMeikan
Independent Non-Executive Director0.75yr€15.00kno data
Alf Smiddy
Senior Independent Director0.50yr€85.00k0.036% 193.9k
Robert Dix
Independent Non Executive Director6.42yrs€85.00k0.037% 197.5k

6.4yrs

Average Tenure

58yo

Average Age

Experienced Board: DHG's board of directors are considered experienced (6.4 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Dalata Hotel Group plc's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Dalata Hotel Group plc
  • Ticker: DHG
  • Exchange: DB
  • Founded: 2007
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: €540.483m
  • Shares outstanding: 185.73m
  • Website: https://www.dalatahotelgroup.com

Number of Employees


Location

  • Dalata Hotel Group plc
  • Burton Court
  • 4th Floor
  • Dublin
  • Co. Dublin
  • 18
  • Ireland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
DHGISE (Irish Stock Exchange)YesOrdinary SharesIEEURMar 2014
DALLSE (London Stock Exchange)YesOrdinary SharesGBGBPMar 2014
DHGDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 2014
DHGIBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBEURMar 2014
DALLBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary SharesGBGBPMar 2014
DLTT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMar 2014

Biography

Dalata Hotel Group plc owns and operates hotels under the Clayton Hotels and Maldron Hotels brand names in Ireland and the United Kingdom. It operates in three segments: Dublin, Regional Ireland, and United Kingdom. The company operates three-star and four-star hotels. It also operates Red Bean Roastery coffee outlets; Grain & Grill restaurants; and Club Vitae leisure centers in hotels. In addition, the company provides catering, asset management, third party hotel management, property investment and holding, and financing services. As of February 25, 2020, it had a portfolio of 30 owned hotels, 11 leased hotels, and three management contracts with a total of 9,208 bedrooms. The company was founded in 2007 and is based in Dublin, Ireland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 21:41
End of Day Share Price2020/07/10 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.