Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club, and Marriott Vacation Club Pulse brands.
Reasonable growth potential and fair value.
Share Price & News
How has Marriott Vacations Worldwide's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: M8V's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: M8V exceeded the German Hospitality industry which returned -44.1% over the past year.
Return vs Market: M8V exceeded the German Market which returned -4.6% over the past year.
Price Volatility Vs. Market
How volatile is Marriott Vacations Worldwide's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Marriott Vacations Worldwide undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: M8V (€82.5) is trading below our estimate of fair value (€104.41)
Significantly Below Fair Value: M8V is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: M8V is poor value based on its PE Ratio (482.3x) compared to the Hospitality industry average (21.5x).
PE vs Market: M8V is poor value based on its PE Ratio (482.3x) compared to the German market (18.6x).
Price to Earnings Growth Ratio
PEG Ratio: M8V is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: M8V is good value based on its PB Ratio (1.3x) compared to the DE Hospitality industry average (1.7x).
How is Marriott Vacations Worldwide forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: M8V's forecast earnings growth (103.2% per year) is above the savings rate (0.2%).
Earnings vs Market: M8V's earnings (103.2% per year) are forecast to grow faster than the German market (21.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: M8V's revenue (12% per year) is forecast to grow faster than the German market (5.7% per year).
High Growth Revenue: M8V's revenue (12% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: M8V's Return on Equity is forecast to be low in 3 years time (9.7%).
How has Marriott Vacations Worldwide performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: M8V has a large one-off loss of $264.0M impacting its March 31 2020 financial results.
Growing Profit Margin: M8V's current net profit margins (0.3%) are lower than last year (1.8%).
Past Earnings Growth Analysis
Earnings Trend: M8V's earnings have declined by -3.2% per year over the past 5 years.
Accelerating Growth: M8V's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: M8V had negative earnings growth (-81.6%) over the past year, making it difficult to compare to the Hospitality industry average (-36.2%).
Return on Equity
High ROE: M8V's Return on Equity (0.5%) is considered low.
How is Marriott Vacations Worldwide's financial position?
Financial Position Analysis
Short Term Liabilities: M8V's short term assets ($4.2B) exceed its short term liabilities ($638.0M).
Long Term Liabilities: M8V's short term assets ($4.2B) do not cover its long term liabilities ($6.0B).
Debt to Equity History and Analysis
Debt Level: M8V's debt to equity ratio (171%) is considered high.
Reducing Debt: M8V's debt to equity ratio has increased from 62.6% to 171% over the past 5 years.
Debt Coverage: M8V's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: M8V's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Marriott Vacations Worldwide's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate M8V's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate M8V's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if M8V's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if M8V's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: M8V is not paying a notable dividend for the German market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of M8V's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Steve Weisz (68yo)
Mr. Stephen P. Weisz, also known as Steve, has been President and Chief Executive Officer of ILG, Inc. since September 1, 2018. He has been Member of Board of Managers of ILG, Inc. since September 1, 2018. ...
CEO Compensation Analysis
Compensation vs Market: Steve's total compensation ($USD8.66M) is above average for companies of similar size in the German market ($USD2.68M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
|Executive VP & Chief Financial and Administrative Officer||11.33yrs||US$3.33m||0.27% $9.2m|
|Executive VP & Chief Marketing||8.5yrs||US$2.51m||0.038% $1.3m|
|Executive VP & COO of Vacation Ownership||13.33yrs||US$2.38m||0.022% $748.9k|
|Executive VP & Chief Development and Product Officer||8.5yrs||US$1.97m||0.081% $2.8m|
|Senior VP||no data||no data||0.015% $517.2k|
|Executive VP & Chief Information Officer||14.33yrs||no data||0.025% $833.3k|
|Vice President of Investor Relations||no data||no data||no data|
|Executive VP||14.33yrs||US$2.40m||0.12% $4.0m|
|Executive VP & Chief Human Resources Officer||10.33yrs||no data||0.029% $987.3k|
Experienced Management: M8V's management team is seasoned and experienced (10.8 years average tenure).
|Independent Chairman||8.5yrs||US$357.15k||0.34% $11.5m|
|Independent Director||1.67yrs||US$251.40k||0.036% $1.2m|
|Independent Director||8.5yrs||US$262.65k||0.0060% $203.8k|
|Independent Director||8.5yrs||US$258.90k||0.055% $1.9m|
|Independent Director||7.08yrs||US$267.65k||0.050% $1.7m|
|Independent Director||7.08yrs||US$266.22k||0.035% $1.2m|
|Independent Director||8.5yrs||US$261.22k||0.057% $1.9m|
|Independent Director||1.67yrs||US$251.40k||0.024% $811.6k|
|Lead Independent Director||no data||US$266.22k||0.044% $1.5m|
Experienced Board: M8V's board of directors are considered experienced (8.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Marriott Vacations Worldwide Corporation's company bio, employee growth, exchange listings and data sources
- Name: Marriott Vacations Worldwide Corporation
- Ticker: M8V
- Exchange: DB
- Founded: 1984
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: US$3.695b
- Listing Market Cap: US$3.392b
- Shares outstanding: 41.05m
- Website: https://www.marriottvacationsworldwide.com
Number of Employees
- Marriott Vacations Worldwide Corporation
- 6649 Westwood Boulevard
- Suite 500
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|VAC||NYSE (New York Stock Exchange)||Yes||Common Shares||US||USD||Nov 2011|
|M8V||DB (Deutsche Boerse AG)||Yes||Common Shares||DE||EUR||Nov 2011|
Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton, Westin, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. The company operates through two segments, Vacation Ownership and Exchange & Third-Party Management. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company sells points-based vacation ownership products through Marriott Vacation Club, Sheraton Flex, Westin Flex, Westin Aventuras, and Hyatt Residence Club points-based ownership programs focused in Europe, North America, and the Asia Pacific; and weeks-based vacation ownership products. Further, it is involved in financing consumer purchases of vacation ownership products; and renting vacation ownership inventory. Additionally, the company provides on-site management and services, such as daily housekeeping services, valet, in-residence dining, and access to fitness facilities, as well as spa and sports facilities for Ritz-Carlton branded properties. It also offers exchange networks and membership programs consisting of approximately 3,200 resorts in over 80 nations, as well as manages approximately 170 other resorts and lodging properties under the Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2019, the company operated approximately 100 properties in the United States and 12 other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/25 07:47|
|End of Day Share Price||2020/05/22 00:00|
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.