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PPHE Hotel Group LimitedLSE:PPH Stock Report

Market Cap UK£654.7m
Share Price
UK£15.62
UK£18.33
14.8% undervalued intrinsic discount
1Y10.0%
7D-1.1%
1D
Portfolio Value
View

PPHE Hotel Group Limited

LSE:PPH Stock Report

Market Cap: UK£654.7m

PPHE Hotel Group (PPH) Stock Overview

Owns, co-owns, develops, leases, operates, and franchises hospitality real estate in the Netherlands, the United Kingdom, Germany, Croatia, Austria, Hungary, Italy, and Serbia. More details

PPH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth3/6
Past Performance1/6
Financial Health2/6
Dividends3/6

PPH Community Fair Values

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See what 10 others think this stock is worth. Follow their fair value or set your own to get alerts.

PPHE Hotel Group Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for PPHE Hotel Group
Historical stock prices
Current Share PriceUK£15.62
52 Week HighUK£20.90
52 Week LowUK£12.62
Beta0.34
1 Month Change-6.58%
3 Month Change-20.63%
1 Year Change10.00%
3 Year Change43.30%
5 Year Change-7.57%
Change since IPO218.78%

Recent News & Updates

Narrative Update May 21

PPH: Freehold Repurchase And Rising Dividends Will Support Future Upside Potential

Analysts have modestly revised their price target on PPHE Hotel Group to £18.33, reflecting slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the fair value broadly unchanged. What's in the News Shareholders approved a final dividend of 22 pence per ordinary share for the year ended 31 December 2025 at the Annual General Meeting held on 19 May 2026, confirming the Board's earlier proposal (company announcement).
Narrative Update May 02

PPH: Freehold Repurchase And Dividend Progress Will Shape Future Returns

Analysts have nudged their price target on PPHE Hotel Group slightly lower to £18.33, reflecting small revisions to revenue growth assumptions, profit margin expectations, and the forward P/E multiple. What's in the News PPHE Hotel Group agreed to repurchase the freehold interest in Park Plaza London Waterloo, reversing an earlier sale and leaseback arrangement on the 494 room hotel that was originally sold for £161.5m with a 199 year lease and inflation linked rent obligations (Key Developments).
Narrative Update Apr 17

PPH: Freehold Buyback And Softer Margins Will Shape Future Returns

Analysts have reduced their price target for PPHE Hotel Group to £18.33 from £25.17. This reflects updated assumptions for softer revenue growth, lower profit margins and a higher future P/E of about 23x.

Recent updates

Narrative Update May 21

PPH: Freehold Repurchase And Rising Dividends Will Support Future Upside Potential

Analysts have modestly revised their price target on PPHE Hotel Group to £18.33, reflecting slightly adjusted assumptions for discount rate, revenue growth, profit margin and future P/E, while keeping the fair value broadly unchanged. What's in the News Shareholders approved a final dividend of 22 pence per ordinary share for the year ended 31 December 2025 at the Annual General Meeting held on 19 May 2026, confirming the Board's earlier proposal (company announcement).
Narrative Update May 02

PPH: Freehold Repurchase And Dividend Progress Will Shape Future Returns

Analysts have nudged their price target on PPHE Hotel Group slightly lower to £18.33, reflecting small revisions to revenue growth assumptions, profit margin expectations, and the forward P/E multiple. What's in the News PPHE Hotel Group agreed to repurchase the freehold interest in Park Plaza London Waterloo, reversing an earlier sale and leaseback arrangement on the 494 room hotel that was originally sold for £161.5m with a 199 year lease and inflation linked rent obligations (Key Developments).
Narrative Update Apr 17

PPH: Freehold Buyback And Softer Margins Will Shape Future Returns

Analysts have reduced their price target for PPHE Hotel Group to £18.33 from £25.17. This reflects updated assumptions for softer revenue growth, lower profit margins and a higher future P/E of about 23x.
Narrative Update Apr 01

PPH: Freehold Repurchase And Higher Margins Will Support Future Upside Potential

Analysts have nudged their price target for PPHE Hotel Group slightly higher to about £20.48 from around £20.41, citing updated assumptions that include a different revenue growth outlook, a higher profit margin and a revised future P/E multiple. What's in the News PPHE Hotel Group agreed to repurchase the freehold interest in Park Plaza London Waterloo for £147.9 million, reversing a 2017 sale and leaseback arrangement on the 494 room hotel (Key Developments).
Narrative Update Mar 18

PPH: Freehold Repurchase And Rising Margins Will Support Future Upside

Analysts have kept their price target for PPHE Hotel Group broadly steady around £25.17. This reflects slightly updated assumptions on revenue growth, profit margins and future P/E multiples, which leave their overall view largely unchanged.
Narrative Update Mar 04

PPH: Freehold Buyback And Rising Margins Will Unlock Future Value

Analysts have nudged their price target on PPHE Hotel Group to about £25.17 from £24.91, reflecting updated assumptions for slightly lower revenue growth, a higher discount rate, stronger profit margins and a lower future P/E multiple. What's in the News PPHE agreed to repurchase the freehold interest in Park Plaza London Waterloo for £147.9 million, with £136.5 million expected to be funded by a new debt facility secured on the property and the balance from existing cash, with completion targeted in the coming months (company announcement).
Narrative Update Feb 18

PPH: Formal Sale Process Will Unlock Value As Profitability Expectations Improve

Analysts have trimmed their price target for PPHE Hotel Group from £25.39 to £24.91, citing updated assumptions that combine slightly lower projected revenue growth with a reduced discount rate, higher expected profit margins, and a lower future P/E multiple. What's in the News The Board launches a review to consider multiple options to maximise shareholder value, including potential actions affecting the Group, introducing growth capital at Group or portfolio level, or a possible sale of all or part of the issued share capital under a Formal Sale Process, with Rothschild & Co appointed as financial adviser (Key Developments).
Narrative Update Feb 03

PPH: Formal Sale Process And Options Review Will Frame Balanced Future Upside

Analysts have reduced their fair value estimate for PPHE Hotel Group from £21.01 to £20.41. This change reflects updated assumptions for the discount rate, revenue growth, profit margins and future P/E levels.
Narrative Update Jan 20

PPH: Formal Sale Process Will Unlock Value In Undervalued Hospitality Group

Analysts now place PPHE Hotel Group's fair value at approximately £21.01 per share, up from about £15.03, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News PPHE Hotel Group has launched a formal strategic review to consider a range of options to maximise shareholder value, including actions to improve shareholder returns, introducing growth capital, or a potential sale of all or part of the company under a Formal Sale Process (company announcement).
Narrative Update Jan 06

PPH: Formal Sale Review Will Drive Shareholder Value Repricing

Analysts have kept their price target for PPHE Hotel Group broadly unchanged at about £23.43. They cite relatively steady assumptions around revenue growth near 6.20%, profit margins around 7.14%, and a future P/E close to 34.40, despite a slightly higher discount rate.
Narrative Update Dec 14

PPH: Formal Sale Process Will Unlock Hidden Value In Shares

Analysts have nudged their price target on PPHE Hotel Group higher by approximately £0.52 per share, citing expectations of faster top line growth that more than offset concerns about margin compression and a richer future earnings multiple. What's in the News The board launches a wide ranging strategic review and Formal Sale Process to explore options including value enhancement actions, new growth capital or a potential sale of all or part of the Group, with major shareholders holding around 44 percent of voting rights backing the process (company announcement).
Narrative Update Nov 29

PPH: New London Site Acquisition Will Drive Shareholder Value Expansion

Analysts have raised their price target for PPHE Hotel Group from £22.03 to £23.43, highlighting improved revenue growth prospects, even as there is some moderation in profit margins and profitability metrics. What's in the News The Board of PPHE Hotel Group has launched a strategic review evaluating a range of potential actions to maximize shareholder value, including the introduction of growth capital or a possible sale of all or part of the business.
Narrative Update Nov 15

PPH: City Of London Acquisition Will Drive Market Significance And Margin Upside

Analysts have raised their price target for PPHE Hotel Group from £19.55 to £22.03, citing improved expectations for revenue growth and profit margins. What's in the News PPHE Hotel Group has been added to the S&P Global BMI Index, reflecting its increased market significance.
Analysis Article Nov 15

Earnings Tell The Story For PPHE Hotel Group Limited (LON:PPH) As Its Stock Soars 32%

PPHE Hotel Group Limited ( LON:PPH ) shareholders would be excited to see that the share price has had a great month...
Narrative Update Sep 02

Opening Four New Hotels Across Europe Will Strengthen Future Prospects

The downward revision in PPHE Hotel Group's price target reflects notably weaker profit margins and softer revenue growth expectations, resulting in a new consensus fair value of £19.55. Valuation Changes Summary of Valuation Changes for PPHE Hotel Group The Consensus Analyst Price Target has significantly fallen from £21.79 to £19.55.
Analysis Article Aug 31

PPHE Hotel Group (LON:PPH) Will Pay A Dividend Of £0.17

The board of PPHE Hotel Group Limited ( LON:PPH ) has announced that it will pay a dividend of £0.17 per share on the...
Analysis Article Aug 29

Is PPHE Hotel Group (LON:PPH) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article May 01

Here's Why PPHE Hotel Group (LON:PPH) Is Weighed Down By Its Debt Load

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Mar 28

PPHE Hotel Group (LON:PPH) Is Increasing Its Dividend To £0.21

PPHE Hotel Group Limited ( LON:PPH ) will increase its dividend from last year's comparable payment on the 30th of May...
User avatar
New Narrative Feb 09

Future Prospects Strengthen With New European Hotels And Radisson Partnership

Completion of a growth pipeline and diversified business mix enhances revenue, EBITDA growth, and net margins through new openings and increased market demand.
Analysis Article Jul 19

Does PPHE Hotel Group (LON:PPH) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article May 30

Shareholders Should Be Pleased With PPHE Hotel Group Limited's (LON:PPH) Price

When close to half the companies in the United Kingdom have price-to-earnings ratios (or "P/E's") below 17x, you may...
Analysis Article Apr 25

PPHE Hotel Group (LON:PPH) Will Pay A Larger Dividend Than Last Year At £0.20

PPHE Hotel Group Limited's ( LON:PPH ) dividend will be increasing from last year's payment of the same period to £0.20...
Analysis Article Apr 13

Is There Now An Opportunity In PPHE Hotel Group Limited (LON:PPH)?

While PPHE Hotel Group Limited ( LON:PPH ) might not have the largest market cap around , it led the LSE gainers with a...
Analysis Article Dec 19

Why Investors Shouldn't Be Surprised By PPHE Hotel Group Limited's (LON:PPH) P/S

There wouldn't be many who think PPHE Hotel Group Limited's ( LON:PPH ) price-to-sales (or "P/S") ratio of 1.2x is...
Analysis Article Mar 10

We Think PPHE Hotel Group's (LON:PPH) Profit Is Only A Baseline For What They Can Achieve

PPHE Hotel Group Limited's ( LON:PPH ) strong earnings report was rewarded with a positive stock price move. Our...
Analysis Article Oct 15

Does PPHE Hotel Group (LON:PPH) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 08

Is PPHE Hotel Group (LON:PPH) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 20

Is There Now An Opportunity In PPHE Hotel Group Limited (LON:PPH)?

PPHE Hotel Group Limited ( LON:PPH ), might not be a large cap stock, but it received a lot of attention from a...
Analysis Article May 13

Most Shareholders Will Probably Find That The CEO Compensation For PPHE Hotel Group Limited (LON:PPH) Is Reasonable

The share price of PPHE Hotel Group Limited ( LON:PPH ) has increased significantly over the past few years. However...
Analysis Article May 06

Are PPHE Hotel Group Limited (LON:PPH) Investors Paying Above The Intrinsic Value?

Today we will run through one way of estimating the intrinsic value of PPHE Hotel Group Limited ( LON:PPH ) by taking...
Analysis Article Mar 26

Is Now The Time To Look At Buying PPHE Hotel Group Limited (LON:PPH)?

PPHE Hotel Group Limited ( LON:PPH ), might not be a large cap stock, but it saw a significant share price rise of over...
Analysis Article Mar 04

PPHE Hotel Group Limited (LON:PPH) Just Reported And Analysts Have Been Cutting Their Estimates

PPHE Hotel Group Limited ( LON:PPH ) just released its latest annual report and things are not looking great...
Analysis Article Mar 03

Downgrade: Here's How Analysts See PPHE Hotel Group Limited (LON:PPH) Performing In The Near Term

The analysts covering PPHE Hotel Group Limited ( LON:PPH ) delivered a dose of negativity to shareholders today, by...
Analysis Article Mar 01

PPHE Hotel Group (LON:PPH) Has Gifted Shareholders With A Fantastic 172% Total Return On Their Investment

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But when you pick a company...

Shareholder Returns

PPHGB HospitalityGB Market
7D-1.1%-3.6%0.3%
1Y10.0%-13.7%18.8%

Return vs Industry: PPH exceeded the UK Hospitality industry which returned -13.7% over the past year.

Return vs Market: PPH underperformed the UK Market which returned 18.8% over the past year.

Price Volatility

Is PPH's price volatile compared to industry and market?
PPH volatility
PPH Average Weekly Movement6.1%
Hospitality Industry Average Movement5.6%
Market Average Movement5.7%
10% most volatile stocks in GB Market11.9%
10% least volatile stocks in GB Market3.1%

Stable Share Price: PPH has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: PPH's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1986n/aBoris Iveshawww.pphe.com

PPHE Hotel Group Limited owns, co-owns, develops, leases, operates, and franchises hospitality real estate in the Netherlands, the United Kingdom, Germany, Croatia, Austria, Hungary, Italy, and Serbia. The company focuses on full-service upscale, upper upscale, and lifestyle hotels in cities and regional, as well as resort and campsite properties in select resort destinations. It owns and operates hotels and resorts under the Park Plaza, the art’otel, Holmes, Radisson Collection, and the Arena Campsites brands, as well as the Arena Hotels & Apartments.

PPHE Hotel Group Limited Fundamentals Summary

How do PPHE Hotel Group's earnings and revenue compare to its market cap?
PPH fundamental statistics
Market capUK£654.67m
Earnings (TTM)UK£13.19m
Revenue (TTM)UK£466.40m
49.6x
P/E Ratio
1.4x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PPH income statement (TTM)
RevenueUK£466.40m
Cost of RevenueUK£328.21m
Gross ProfitUK£138.19m
Other ExpensesUK£125.00m
EarningsUK£13.19m

Last Reported Earnings

Dec 31, 2025

Next Earnings Date

n/a

Earnings per share (EPS)0.31
Gross Margin29.63%
Net Profit Margin2.83%
Debt/Equity Ratio178.2%

How did PPH perform over the long term?

See historical performance and comparison

Dividends

2.5%
Current Dividend Yield
124%
Payout Ratio

Does PPH pay a reliable dividends?

See PPH dividend history and benchmarks
When do you need to buy PPH by to receive an upcoming dividend?
PPHE Hotel Group dividend dates
Ex Dividend DateApr 23 2026
Dividend Pay DateMay 29 2026
Days until Ex dividend30 days
Days until Dividend pay date6 days

Does PPH pay a reliable dividends?

See PPH dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 23:02
End of Day Share Price 2026/05/22 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PPHE Hotel Group Limited is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ned HammondBerenberg
Owen ShirleyBerenberg
Joseph BarronBerenberg