Regal Hotels International Holdings Valuation

Q: What is the Fair Price of RH6B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

RH6B (€0.28) is trading below our estimate of [[fair value]] (€0.86)

Is RH6B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RH6B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RH6B (€0.28) is trading below our estimate of fair value (€0.86)

Significantly Below Fair Value: RH6B is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RH6B?

Key metric: As RH6B is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for RH6B. This is calculated by dividing RH6B's market cap by their current revenue.
What is RH6B's PS Ratio?
PS Ratio	1.4x
Sales	HK$1.59b
Market Cap	HK$2.25b

RH6B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	11x
Enterprise Value/EBITDA	-156.1x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does RH6B's PS Ratio compare to its peers?

The above table shows the PS ratio for RH6B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	1x
HTG HomeToGo	1.3x	13.6%	€252.3m
IFA LS Invest	2.3x	n/a	€293.6m
CDZ0 MHP Hotel	0.3x	11.8%	€47.1m
TUI1 TUI	0.2x	3.8%	€3.8b
RH6B Regal Hotels International Holdings	1.4x	n/a	€2.2b

Price-To-Sales vs Peers: RH6B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does RH6B's PS Ratio compare vs other companies in the DE Hospitality Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
MS1 Marley Spoon Group	0.09x	10.0%	US$15.98m
9UX Hostmore	0.0006x	n/a	US$138.43k

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: RH6B is expensive based on its Price-To-Sales Ratio (1.4x) compared to the European Hospitality industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is RH6B's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RH6B PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate RH6B's Price-To-Sales Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.