DB:OX4A

Stock Analysis Report

Executive Summary

Belmond Ltd. engages in the hotel and travel businesses.

Snowflake

Fundamentals

Reasonable growth potential with mediocre balance sheet.

Risks

  • Belmond is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Belmond's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-0.2%

DB:OX4A

0.1%

DE Hospitality

0.3%

DE Market


1 Year Return

142.7%

DB:OX4A

-52.1%

DE Hospitality

-11.7%

DE Market

OX4A outperformed the Hospitality industry which returned -44.7% over the past year.

OX4A outperformed the Market in Germany which returned -7.2% over the past year.


Share holder returns

OX4AIndustryMarket
7 Day-0.2%0.1%0.3%
30 Day0.6%-7.8%-2.8%
90 Day1.6%-10.1%-0.8%
1 Year142.7%142.7%-48.9%-52.1%-8.9%-11.7%
3 Year172.7%172.7%-17.5%-28.9%22.9%12.2%
5 Year127.6%127.6%-6.5%-25.1%23.2%6.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

44%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Belmond's share price is below the future cash flow value, and at a moderate discount (> 20%).

Belmond's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Belmond is loss making, we can't compare its value to the DE Hospitality industry average.

Belmond is loss making, we can't compare the value of its earnings to the Germany market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Belmond, we can't assess if its growth is good value.


Price Based on Value of Assets

Belmond is overvalued based on assets compared to the DE Hospitality industry average.


Next Steps

Future Growth

How is Belmond expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

99.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Belmond's revenue is expected to grow by 9.8% yearly, however this is not considered high growth (20% yearly).

Belmond's earnings are expected to grow significantly at over 20% yearly.

Belmond's revenue growth is expected to exceed the Germany market average.

Belmond's earnings growth is expected to exceed the Germany market average.

Belmond's earnings growth is expected to exceed the low risk savings rate of 0.2%.


Earnings per Share Growth Estimates


Future Return on Equity

Belmond is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has Belmond performed over the past 5 years?

-28.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Belmond does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Belmond's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Belmond's 1-year growth to the DE Hospitality industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Belmond has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

Belmond used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Belmond improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Belmond's financial position?


Financial Position Analysis

Belmond is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Belmond's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Belmond's level of debt (119%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (70.9% vs 119% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.3x debt.


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.

Belmond has sufficient cash runway for 1.2 years based on current free cash flow.

Belmond has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 126.2% each year.


Next Steps

Dividend

What is Belmond's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Belmond's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Belmond's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Belmond has not reported any payouts.

Unable to verify if Belmond's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Belmond 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.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

H. Vos (60yo)

3.6yrs

Tenure

Mr. H. Roeland Vos has been the Chief Executive Officer and President of Belmond Ltd. since September 21, 2015. Mr. Vos served as the President of Starwood Europe Africa & Middle East at Le Méridien Hotels ...


Management Age and Tenure

2.6yrs

Average Tenure

55.5yo

Average Age

The tenure for the Belmond management team is about average.


Board Age and Tenure

5.3yrs

Average Tenure

57.5yo

Average Age

The tenure for the Belmond board of directors is about average.


Insider Trading

No 3 month insider trading information.


Recent Insider Transactions

Buy€131,228,50727 Dec 18
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
EntityCompany
Shares6,055,489
Max Price€21.75
Buy€143,352,29527 Dec 18
LVMH Moët Hennessy - Louis Vuitton, Société Européenne
EntityCompany
Shares6,591,298
Max Price€21.75

Ownership Breakdown


Management Team

  • H. Vos (60yo)

    President

    • Tenure: 3.6yrs
  • Kenneth Hatton

    Senior Vice President of Global Development

    • Tenure: 2.3yrs
  • Stuart Mason

    Senior Vice President of Commercial

    • Tenure: 1.9yrs
  • Martin O’Grady (55yo)

    Executive VP

    • Tenure: 11.2yrs
  • James Costin

    Group Financial Controller & Director of Investor Relations

  • Andrea Filippi

    Vice President of Global Sales

    • Tenure: 2.2yrs
  • Amy Brandt

    Vice President

    • Tenure: 5.1yrs
  • Arnaud Champenois

    Senior Vice President of Marketing & Brand

    • Tenure: 2.6yrs
  • Ingrid Eras-Magdalena (53yo)

    Executive VP & Chief Human Resources Officer

    • Tenure: 1.5yrs
  • Richard Levine (56yo)

    Executive VP

    • Tenure: 7.2yrs

Board Members

  • Harsha Agadi (55yo)

    Director

    • Tenure: 7.8yrs
  • Roland Hernandez (60yo)

    Chairman of the Board

    • Tenure: 5.8yrs
  • Ian Livingston (54yo)

    Director

    • Tenure: 3.4yrs
  • Mitchell Hochberg (66yo)

    Director

    • Tenure: 9.8yrs
  • H. Vos (60yo)

    President

    • Tenure: 4.8yrs
  • Ruth Kennedy (53yo)

    Director

    • Tenure: 6.8yrs
  • Demetra Pinsent (43yo)

    Director

    • Tenure: 1.8yrs
  • Gail Rebuck (66yo)

    Director

    • Tenure: 3.8yrs

Company Information

Belmond Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Belmond Ltd.
  • Ticker: OX4A
  • Exchange: DB
  • Founded: 1971
  • Industry: hotels, resorts and cruise lines
  • Sector: consumer services
  • Market Cap: US$2.576b
  • Listing Market Cap: US$2.280b
  • Shares outstanding: 103.08m
  • Website: Click here

Number of Employees


Location

  • Belmond Ltd.
  • 22 Victoria Street
  • Hamilton
  • HM 12
  • Bermuda

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BELNYSE (New York Stock Exchange)YesClass A Common SharesUSUSDJan 1970
OX4ADB (Deutsche Boerse AG)YesClass A Common SharesDEEURJan 1970
A116V8DB (Deutsche Boerse AG)COM USD0.01DEUSDInvalid date

Biography

Belmond Ltd. engages in the hotel and travel businesses. As of December 31, 2018, the company owned, invested in, or managed 36 deluxe hotels and resort properties in the United States, Mexico, The Caribbe ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/04/17 20:49
End of Day Share Price2019/04/17 00:00
Earnings2018/12/31
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.