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Wyndham Destinations

DB:WD5
Snowflake Description

Undervalued established dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
WD5
DB
$4B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Wyndham Destinations, Inc. operates as a vacation ownership and exchange company in the United States and internationally. The last earnings update was 46 days ago. More info.


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WD5 Share Price and Events
7 Day Returns
4.4%
DB:WD5
0.1%
DE Hospitality
0.3%
DE Market
1 Year Returns
-9.3%
DB:WD5
-52.1%
DE Hospitality
-11.7%
DE Market
WD5 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Wyndham Destinations (WD5) 4.4% -3.7% 4% -9.3% -38.6% -30.8%
DE Hospitality 0.1% -7.8% -10.1% -52.1% -28.9% -25.1%
DE Market 0.3% -2.8% -0.8% -11.7% 12.2% 6.1%
1 Year Return vs Industry and Market
  • WD5 outperformed the Hospitality industry which returned -52.1% over the past year.
  • WD5 outperformed the Market in Germany which returned -11.7% over the past year.
Price Volatility
WD5
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Wyndham Destinations to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Wyndham Destinations.

DB:WD5 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 11 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:WD5
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.92 (1 + (1- 21%) (136.22%))
1.61
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.61
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.61 * 5.96%)
9.82%

Discounted Cash Flow Calculation for DB:WD5 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Wyndham Destinations is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

DB:WD5 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 9.82%)
2019 495.10 Analyst x5 450.82
2020 566.20 Analyst x5 469.45
2021 619.00 Analyst x1 467.32
2022 658.06 Est @ 6.31% 452.37
2023 687.57 Est @ 4.49% 430.39
2024 709.63 Est @ 3.21% 404.46
2025 726.05 Est @ 2.31% 376.81
2026 738.30 Est @ 1.69% 348.90
2027 747.53 Est @ 1.25% 321.67
2028 754.59 Est @ 0.94% 295.66
Present value of next 10 years cash flows $4,017.84
DB:WD5 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $754.59 × (1 + 0.23%) ÷ (9.82% – 0.23%)
$7,882.61
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $7,882.61 ÷ (1 + 9.82%)10
$3,088.53
DB:WD5 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $4,017.84 + $3,088.53
$7,106.37
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $7,106.37 / 93.62
$75.91
DB:WD5 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:WD5 represents 0.87661x of NYSE:WYND
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.87661x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (USD) x Listing Adjustment Factor
= $ 75.91 x 0.87661
€66.54
Value per share (EUR) From above. €66.54
Current discount Discount to share price of €37.55
= -1 x (€37.55 - €66.54) / €66.54
43.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Wyndham Destinations is available for.
Intrinsic value
44%
Share price is €37.55 vs Future cash flow value of €66.54
Current Discount Checks
For Wyndham Destinations to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Wyndham Destinations's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Wyndham Destinations's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Wyndham Destinations's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Wyndham Destinations's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:WD5 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $3.14
NYSE:WYND Share Price ** NYSE (2019-06-14) in USD $42.83
Germany Hospitality Industry PE Ratio Median Figure of 10 Publicly-Listed Hospitality Companies 18.98x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 19.7x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Wyndham Destinations.

DB:WD5 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:WYND Share Price ÷ EPS (both in USD)

= 42.83 ÷ 3.14

13.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wyndham Destinations is good value based on earnings compared to the DE Hospitality industry average.
  • Wyndham Destinations is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Wyndham Destinations's expected growth come at a high price?
Raw Data
DB:WD5 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts
15.9%per year
Germany Hospitality Industry PEG Ratio Median Figure of 5 Publicly-Listed Hospitality Companies 1.31x
Germany Market PEG Ratio Median Figure of 270 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

DB:WD5 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.64x ÷ 15.9%

0.86x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wyndham Destinations is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Wyndham Destinations's assets?
Raw Data
DB:WD5 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-6.30
NYSE:WYND Share Price * NYSE (2019-06-14) in USD $42.83
Germany Hospitality Industry PB Ratio Median Figure of 13 Publicly-Listed Hospitality Companies 2.06x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.76x
DB:WD5 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:WYND Share Price ÷ Book Value per Share (both in USD)

= 42.83 ÷ -6.30

-6.8x

* Primary Listing of Wyndham Destinations.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Wyndham Destinations has negative assets, we can't compare the value of its assets to the DE Hospitality industry average.
X
Value checks
We assess Wyndham Destinations's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Wyndham Destinations has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Wyndham Destinations expected to perform in the next 1 to 3 years based on estimates from 11 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Wyndham Destinations expected to grow at an attractive rate?
  • Wyndham Destinations's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Wyndham Destinations's earnings growth is expected to exceed the Germany market average.
  • Wyndham Destinations's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:WD5 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:WD5 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 11 Analysts 15.9%
DB:WD5 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 11 Analysts 5.3%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 18.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:WD5 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:WD5 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-12-31 4,840 1
2021-12-31 4,612 545 614 5
2020-12-31 4,355 652 544 11
2019-12-31 4,141 590 502 11
DB:WD5 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 3,942 461 306
2018-12-31 3,931 442 266
2018-09-30 3,906 677 604
2018-06-30 3,860 629 574
2018-03-31 3,831 881 600
2017-12-31 3,806 986 645
2017-09-30 3,523 851 298
2017-06-30 4,080 929 393
2017-03-31 4,505 950 534
2016-12-31 3,692 963 351
2016-09-30 5,591 960 588
2016-06-30 5,581 960 581

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Wyndham Destinations's earnings are expected to grow by 15.9% yearly, however this is not considered high growth (20% yearly).
  • Wyndham Destinations's revenue is expected to grow by 5.3% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:WD5 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below

All data from Wyndham Destinations Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WD5 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-12-31
2021-12-31 7.62 8.17 7.06 2.00
2020-12-31 6.10 6.77 5.65 5.00
2019-12-31 5.39 5.57 5.27 5.00
DB:WD5 Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 3.14
2018-12-31 2.69
2018-09-30 6.04
2018-06-30 5.70
2018-03-31 5.90
2017-12-31 6.26
2017-09-30 2.85
2017-06-30 3.70
2017-03-31 4.95
2016-12-31 3.19
2016-09-30 5.25
2016-06-30 5.10

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Wyndham Destinations will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Wyndham Destinations's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Wyndham Destinations has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Wyndham Destinations performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Wyndham Destinations's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Wyndham Destinations's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Wyndham Destinations's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Wyndham Destinations's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Wyndham Destinations's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Wyndham Destinations Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:WD5 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 3,942.00 306.00 1,114.00
2018-12-31 3,931.00 266.00 1,122.00
2018-09-30 3,906.00 604.00 1,142.00
2018-06-30 3,860.00 574.00 1,136.00
2018-03-31 3,831.00 600.00 1,141.00
2017-12-31 3,806.00 645.00 1,126.00
2017-09-30 3,523.00 298.00 1,032.00
2017-06-30 4,080.00 393.00 1,158.00
2017-03-31 4,505.00 534.00 1,262.00
2016-12-31 3,692.00 351.00 1,067.00
2016-09-30 5,591.00 588.00 1,578.00
2016-06-30 5,581.00 581.00 1,581.00
2016-03-31 5,577.00 586.00 1,576.00
2015-12-31 4,878.00 552.00 1,408.00
2015-09-30 5,455.00 552.00 1,565.00
2015-06-30 5,406.00 568.00 1,562.00
2015-03-31 5,350.00 561.00 1,557.00
2014-12-31 5,281.00 529.00 1,557.00
2014-09-30 5,245.00 534.00 1,551.00
2014-06-30 5,158.00 515.00 1,535.00
2014-03-31 5,069.00 495.00 1,506.00
2013-12-31 5,009.00 432.00 1,471.00
2013-09-30 4,908.00 426.00 1,451.00
2013-06-30 4,746.00 400.00 1,421.00
2013-03-31 4,631.00 395.00 1,409.00
2012-12-31 4,534.00 400.00 1,389.00
2012-09-30 4,441.00 376.00 1,362.00
2012-06-30 4,388.00 391.00 1,331.00

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Wyndham Destinations has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • Wyndham Destinations used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Wyndham Destinations's use of capital has not improved over the past 3 years (Return on Capital Employed).
X
Past performance checks
We assess Wyndham Destinations's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Wyndham Destinations has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Wyndham Destinations's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Wyndham Destinations's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Wyndham Destinations is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Wyndham Destinations's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Wyndham Destinations's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Wyndham Destinations has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Wyndham Destinations Company Filings, last reported 2 months ago.

DB:WD5 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -584.00 5,462.00 217.00
2018-12-31 -569.00 5,246.00 242.00
2018-09-30 -509.00 5,180.00 164.00
2018-06-30 -520.00 5,091.00 155.00
2018-03-31 650.00 6,273.00 291.00
2017-12-31 774.00 6,006.00 71.00
2017-09-30 630.00 5,901.00 289.00
2017-06-30 592.00 5,760.00 415.00
2017-03-31 666.00 5,713.00 222.00
2016-12-31 718.00 5,441.00 127.00
2016-09-30 797.00 5,449.00 332.00
2016-06-30 781.00 5,406.00 478.00
2016-03-31 840.00 5,432.00 318.00
2015-12-31 953.00 5,181.00 183.00
2015-09-30 1,019.00 5,183.00 259.00
2015-06-30 1,069.00 5,250.00 410.00
2015-03-31 1,084.00 5,224.00 180.00
2014-12-31 1,257.00 5,053.00 183.00
2014-09-30 1,411.00 4,864.00 252.00
2014-06-30 1,487.00 4,713.00 247.00
2014-03-31 1,524.00 4,869.00 203.00
2013-12-31 1,625.00 4,854.00 194.00
2013-09-30 1,682.00 4,833.00 269.00
2013-06-30 1,642.00 4,790.00 342.00
2013-03-31 1,744.00 4,957.00 217.00
2012-12-31 1,931.00 4,565.00 195.00
2012-09-30 2,019.00 4,455.00 232.00
2012-06-30 1,996.00 4,125.00 286.00
  • Wyndham Destinations has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Wyndham Destinations's debt level has increased considering it has negative shareholder equity.
  • Debt is not well covered by operating cash flow (8.7%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.9x coverage).
X
Financial health checks
We assess Wyndham Destinations's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Wyndham Destinations has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
4.2%
Current annual income from Wyndham Destinations dividends. Estimated to be 4.25% next year.
If you bought €2,000 of Wyndham Destinations shares you are expected to receive €84 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Wyndham Destinations's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Wyndham Destinations's dividend is above the markets top 25% of dividend payers in Germany (3.91%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:WD5 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 11 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 327 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:WD5 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2022-12-31
2021-12-31 1.93 3.00
2020-12-31 1.81 5.00
2019-12-31 1.77 5.00
DB:WD5 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-05-16 1.800 4.279
2019-02-26 1.800 4.212
2018-11-14 1.640 4.069
2018-07-27 1.640 3.957
2018-05-21 1.640 3.188
2018-03-01 2.640 2.329
2018-02-20 2.640 2.232
2018-02-14 2.640 2.172
2017-11-07 2.320 2.021
2017-08-02 2.320 2.251
2017-05-09 2.320 2.304
2017-02-28 2.320 2.668
2017-02-17 2.320 2.760
2017-02-15 2.320 2.715
2016-11-08 2.000 2.620
2016-08-11 2.000 2.936
2016-05-10 2.000 2.856
2016-02-25 2.000 2.674
2016-02-12 2.000 2.892
2016-02-09 2.000 3.112
2015-11-12 1.680 2.377
2015-08-13 1.680 2.175
2015-05-14 1.680 2.004
2015-02-26 1.680 1.874
2015-02-13 1.680 1.838
2015-02-10 1.680 1.881
2014-11-13 1.400 1.672
2014-08-07 1.400 1.775
2014-05-16 1.400 1.871
2014-02-07 1.400 1.943
2013-11-07 1.160 1.627
2013-08-08 1.160 1.869
2013-05-14 1.160 1.950
2013-02-28 1.160 1.848
2013-02-15 1.160 1.984
2013-02-06 1.160 1.950
2012-11-08 0.920 1.743
2012-08-09 0.920 1.750
2012-05-10 0.920 1.813
2012-02-08 0.920 1.996
2011-11-10 0.600 1.627
2011-08-11 0.600 1.949
2011-05-12 0.600 1.827
2011-02-25 0.600 1.879
2011-02-22 0.600 1.945
2011-02-09 0.600 1.946
2010-10-21 0.480 1.621
2010-07-22 0.480 1.838
2010-05-13 0.480 2.146
2010-03-05 0.480 1.873
2010-02-19 0.480 2.067
2010-02-10 0.480 2.118
2009-10-22 0.160 0.804
2009-07-24 0.160 1.027

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Wyndham Destinations's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.9x coverage).
X
Income/ dividend checks
We assess Wyndham Destinations's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Wyndham Destinations afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Wyndham Destinations has a total score of 5/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Brown
COMPENSATION $8,464,246
AGE 47
TENURE AS CEO 1 years
CEO Bio

Mr. Michael D. Brown, also known as Mike, has been Director, President and Chief Executive Officer at Wyndham Destinations, Inc. since June 1, 2018. Mr. Brown was the Chief Executive Officer and President at Wyndham Vacation Ownership, Inc. since April 17, 2017 until May 2018. Mr. Brown served as the Chief Operating Officer of Hilton Grand Vacations Inc. since 2014 until April 17, 2017 and served as its Executive Vice President until April 17, 2017. Mr. Brown was responsible for sales, strategic planning and development and asset operations. Mr. Brown also lead key company initiatives, notably serving as inaugural Executive Champion of the HGV Diversity & Inclusion Council. He has more than 25 years of experience leading a diverse range of asset management and vacation ownership sales functions. Mr. Brown joined HGV in 2008 as Executive Vice President of Sales and Marketing, Mainland USA & Europe and has previously also supported its financial management. He joined HGV in 2008. Mr. Brown held senior leadership roles in marketing and sales, development, operations and finance during his 16-year tenure with Marriott International and Marriott Vacation Club International. At HGV, he led its domestic sales organization, which nearly doubled its sales revenue under his leadership. At HGV, he was responsible business practices, including serving as the inaugural executive sponsor of HGV's Diversity and Inclusion Council. Mr. Brown is a Member of ARDA’s International Foundation Board of Trustees. Mr. Brown earned a Bachelor of Science degree in Commerce from the McIntire School of Commerce at the University of Virginia.

CEO Compensation
  • Mike's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Mike's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Wyndham Destinations management team in years:

1.3
Average Tenure
48.5
Average Age
  • The average tenure for the Wyndham Destinations management team is less than 2 years, this suggests a new team.
Management Team

Mike Brown

TITLE
CEO, President & Director
COMPENSATION
$8M
AGE
47
TENURE
1 yrs

Michael Hug

TITLE
Executive VP & CFO
COMPENSATION
$3M
AGE
50
TENURE
1 yrs

Jim Savina

TITLE
Chief Ethics & Compliance Officer
COMPENSATION
$2M
AGE
44
TENURE
1.2 yrs

Jeff Myers

TITLE
Chief Sales & Marketing Officer of Wyndham Vacation Clubs
COMPENSATION
$4M
AGE
50

Geoff Richards

TITLE
Chief Operating Officer of Wyndham Vacation Clubs
COMPENSATION
$3M
AGE
45

Elizabeth Dreyer

TITLE
Senior VP & Chief Accounting Officer
AGE
56
TENURE
1 yrs

Brad Dettmer

TITLE
Chief Information Officer
TENURE
1.4 yrs

Nadeen Ayala

TITLE
Senior Vice President of Global Communications
TENURE
4.2 yrs

Michael Valentino

TITLE
Vice President of Marketing and Communications
TENURE
6.3 yrs

Kimberly Marshall

TITLE
Chief Human Resources Officer
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Wyndham Destinations board of directors in years:

5.9
Average Tenure
60.5
Average Age
  • The tenure for the Wyndham Destinations board of directors is about average.
Board of Directors

Steve Holmes

TITLE
Chairman of the Board
COMPENSATION
$21M
AGE
61
TENURE
12.9 yrs

Mike Brown

TITLE
CEO, President & Director
COMPENSATION
$8M
AGE
47
TENURE
1 yrs

George Herrera

TITLE
Director
COMPENSATION
$496K
AGE
61
TENURE
12.9 yrs

Michael Wargotz

TITLE
Director
COMPENSATION
$564K
AGE
59
TENURE
12.9 yrs

Louise F. Brady

TITLE
Director
COMPENSATION
$539K
AGE
53
TENURE
2.6 yrs

James Buckman

TITLE
Lead Director
COMPENSATION
$573K
AGE
73
TENURE
9.3 yrs

Ronald Rickles

TITLE
Director
COMPENSATION
$364K
AGE
66
TENURE
1 yrs

Denny Post

TITLE
Director
COMPENSATION
$369K
AGE
60
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • Wyndham Destinations insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
05. Jun 19 Sell George Herrera Individual 04. Jun 19 04. Jun 19 -757 €36.58 €-27,692
07. May 19 Sell Brad Dettmer Individual 03. May 19 03. May 19 -3,703 €39.68 €-146,947
20. Mar 19 Sell George Herrera Individual 18. Mar 19 18. Mar 19 -713 €37.18 €-26,507
06. Mar 19 Buy Michael Brown Individual 04. Mar 19 04. Mar 19 5,000 €39.43 €197,147
22. Aug 18 Buy Michael Brown Individual 21. Aug 18 21. Aug 18 6,000 €39.22 €235,292
X
Management checks
We assess Wyndham Destinations's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Wyndham Destinations has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Wyndham Destinations, Inc. operates as a vacation ownership and exchange company in the United States and internationally. The company operates in two segments, Vacation Ownership and Exchange & Rentals. The Vacation Ownership segment develops, markets, and sells vacation ownership interests (VOIs) to individual consumers; provides consumer financing in connection with the sale of VOIs; and provides property management services at resorts. The Exchange & Rentals segment offers vacation exchange services and products to owners of VOIs; and manages and markets vacation rental properties primarily on behalf of independent owners. As of December 31, 2018, it had 224 vacation ownership resorts. Wyndham Destinations, Inc. also has relationships with approximately 4,300 vacation ownership resorts. The company was formerly known as Wyndham Worldwide Corporation and changed its name to Wyndham Destinations, Inc. in May 2018. Wyndham Destinations, Inc. was founded in 1990 and is headquartered in Orlando, Florida.

Details
Name: Wyndham Destinations, Inc.
WD5
Exchange: DB
Founded: 1990
$3,573,019,409
93,618,323
Website: http://www.wyndhamdestinations.com
Address: Wyndham Destinations, Inc.
6277 Sea Harbor Drive,
Orlando,
Florida, 32821,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE WYND Common Stock New York Stock Exchange US USD 19. Jul 2006
DB WD5 Common Stock Deutsche Boerse AG DE EUR 19. Jul 2006
LSE 0M1K Common Stock London Stock Exchange GB USD 19. Jul 2006
Number of employees
Current staff
Staff numbers
24,500
Wyndham Destinations employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/16 21:01
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2019/06/13
Last earnings filing: 2019/05/01
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.