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ARNT

Arena Hospitality Group d.d ZGSE:ARNT Stock Report

Last Price

Kn232.00

Market Cap

Kn1.2b

7D

-6.5%

1Y

-27.0%

Updated

28 Sep, 2022

Data

Company Financials +
ARNT fundamental analysis
Snowflake Score
Valuation3/6
Future Growth4/6
Past Performance2/6
Financial Health1/6
Dividends0/6

ARNT Stock Overview

Arena Hospitality Group d.d., together with its subsidiaries, owns, co-owns, leases, operates, and develops full-service upscale, upper upscale and lifestyle hotels, self-catering holiday apartment complexes, and campsites.

Arena Hospitality Group d.d Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Arena Hospitality Group d.d
Historical stock prices
Current Share PriceKn232.00
52 Week HighKn322.00
52 Week LowKn224.00
Beta0.79
1 Month Change-6.45%
3 Month Change-7.20%
1 Year Change-27.04%
3 Year Change-37.30%
5 Year Change-49.35%
Change since IPO1,574.03%

Recent News & Updates

Mar 26
One Arena Hospitality Group d.d. (ZGSE:ARNT) Analyst Just Cut Their EPS Forecasts

One Arena Hospitality Group d.d. (ZGSE:ARNT) Analyst Just Cut Their EPS Forecasts

The analyst covering Arena Hospitality Group d.d. ( ZGSE:ARNT ) delivered a dose of negativity to shareholders today...

Shareholder Returns

ARNTHR HospitalityHR Market
7D-6.5%-2.4%-2.0%
1Y-27.0%-0.5%-2.0%

Return vs Industry: ARNT underperformed the HR Hospitality industry which returned -0.5% over the past year.

Return vs Market: ARNT underperformed the HR Market which returned -2% over the past year.

Price Volatility

Is ARNT's price volatile compared to industry and market?
ARNT volatility
ARNT Average Weekly Movement3.5%
Hospitality Industry Average Movement4.1%
Market Average Movement3.7%
10% most volatile stocks in HR Market8.1%
10% least volatile stocks in HR Market2.1%

Stable Share Price: ARNT is not significantly more volatile than the rest of HR stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: ARNT's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19741,471Reli Slonimhttps://www.arenahospitalitygroup.com

Arena Hospitality Group d.d., together with its subsidiaries, owns, co-owns, leases, operates, and develops full-service upscale, upper upscale and lifestyle hotels, self-catering holiday apartment complexes, and campsites. It operates through Hotels, Self-Catering Holiday Apartment Complexes, Campsites, and Central Services segments. The company operates hotels and resorts under the Park Plaza, art’otel, Arena Hotels & Apartments, and Arena Campsites brands.

Arena Hospitality Group d.d Fundamentals Summary

How do Arena Hospitality Group d.d's earnings and revenue compare to its market cap?
ARNT fundamental statistics
Market CapKn1.18b
Earnings (TTM)Kn47.02m
Revenue (TTM)Kn622.72m

25.1x

P/E Ratio

1.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ARNT income statement (TTM)
RevenueKn622.72m
Cost of RevenueKn372.34m
Gross ProfitKn250.38m
Other ExpensesKn203.36m
EarningsKn47.02m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)9.25
Gross Margin40.21%
Net Profit Margin7.55%
Debt/Equity Ratio101.4%

How did ARNT perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

ARNT 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/Revenue4x
Enterprise Value/EBITDA13.7x
PEG Ratio1x

Price to Earnings Ratio vs Peers

How does ARNT's PE Ratio compare to its peers?

ARNT PE Ratio vs Peers
The above table shows the PE ratio for ARNT vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average28.4x
TUHO Turisthotel d.d
22.7xn/aKn1.5b
PLAG Plava laguna d.d
33.6xn/aKn3.5b
ILRA Ilirija d.d
21.1xn/aKn457.1m
RIVP Valamar Riviera d.d
36.1x29.9%Kn3.5b
ARNT Arena Hospitality Group d.d
25.1x24.9%Kn1.2b

Price-To-Earnings vs Peers: ARNT is good value based on its Price-To-Earnings Ratio (25.1x) compared to the peer average (28.4x).


Price to Earnings Ratio vs Industry

How does ARNT's PE Ratio compare vs other companies in the European Hospitality Industry?

Price-To-Earnings vs Industry: ARNT is expensive based on its Price-To-Earnings Ratio (25.1x) compared to the European Hospitality industry average (18.4x)


Price to Earnings Ratio vs Fair Ratio

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

ARNT PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio25.1x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: ARNT (HRK232) is trading below our estimate of fair value (HRK254.3)

Significantly Below Fair Value: ARNT is trading below fair value, but not by a significant amount.


Analyst Price Targets

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

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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Future Growth

How is Arena Hospitality Group d.d forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


24.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ARNT's forecast earnings growth (24.9% per year) is above the savings rate (1.5%).

Earnings vs Market: ARNT's earnings (24.9% per year) are forecast to grow faster than the HR market (8.5% per year).

High Growth Earnings: ARNT's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: ARNT's revenue (11% per year) is forecast to grow faster than the HR market (4.4% per year).

High Growth Revenue: ARNT's revenue (11% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ARNT's Return on Equity is forecast to be low in 3 years time (6.7%).


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Past Performance

How has Arena Hospitality Group d.d performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ARNT has a large one-off loss of HRK20.3M impacting its June 30 2022 financial results.

Growing Profit Margin: ARNT became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ARNT has become profitable over the past 5 years, growing earnings by -26.2% per year.

Accelerating Growth: ARNT has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ARNT has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (13.8%).


Return on Equity

High ROE: ARNT's Return on Equity (3.1%) is considered low.


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Financial Health

How is Arena Hospitality Group d.d's financial position?

Financial Health Score

1/6

Financial Health Score 1/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ARNT's short term assets (HRK287.8M) do not cover its short term liabilities (HRK358.7M).

Long Term Liabilities: ARNT's short term assets (HRK287.8M) do not cover its long term liabilities (HRK1.4B).


Debt to Equity History and Analysis

Debt Level: ARNT's net debt to equity ratio (88.3%) is considered high.

Reducing Debt: ARNT's debt to equity ratio has increased from 65.4% to 101.4% over the past 5 years.

Debt Coverage: ARNT's debt is not well covered by operating cash flow (12.5%).

Interest Coverage: ARNT's interest payments on its debt are well covered by EBIT (3.1x coverage).


Balance Sheet


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Dividend

What is Arena Hospitality Group d.d current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


2.17%

Forecast Dividend Yield

Dividend Yield vs Market

Arena Hospitality Group d.d Dividend Yield vs Market
How does Arena Hospitality Group d.d dividend yield compare to the market?
SegmentDividend Yield
Company (Arena Hospitality Group d.d)0%
Market Bottom 25% (HR)2.3%
Market Top 25% (HR)4.9%
Industry Average (Hospitality)4.1%
Analyst forecast in 3 Years (Arena Hospitality Group d.d)2.2%

Notable Dividend: Unable to evaluate ARNT's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate ARNT'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 ARNT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ARNT's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: ARNT is not paying a notable dividend for the HR market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as ARNT has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

8.7yrs

Average management tenure


CEO

Reli Slonim

14.67yrs

Tenure

Mr. Reuel Israel Gavriel Slonim, also known as Reli, has been Chief Executive Director of Arena Hospitality Group d.d. z since April 1, 2015 and has been its President of the Management Board since 2008. P...


Leadership Team

Experienced Management: ARNT's management team is seasoned and experienced (8.7 years average tenure).


Board Members

Experienced Board: ARNT's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

What is the ownership structure of ARNT?
Owner TypeNumber of SharesOwnership Percentage
State or Government51,8001.0%
General Public689,84013.6%
Institutions1,650,35932.5%
Private Companies2,691,55352.9%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 13 shareholders own 86.43% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
52.95%
Dvadeset osam d.o.o.
2,691,553HRK624.4m0%no data
13.3%
Allianz ZB d.o.o.
675,965HRK156.8m0%2.72%
8.69%
PBZ Croatia Osiguranje d.d.
441,583HRK102.4m0%2.67%
7.42%
ERSTE d.o.o. - drustvo za upravljanje obveznim i dobrovoljnim mirovinskim fondovima
376,961HRK87.5m0%3.09%
1.16%
Hrvatsko mirovinsko investicijsko drustvo d.o.o.
58,980HRK13.7m0%1.41%
1.02%
Restructuring and Sale Center
51,800HRK12.0m0%no data
0.68%
Caisse de dépôt et placement du Québec
34,528HRK8.0m0%no data
0.51%
Raiffeisen Kapitalanlage-Gesellschaft m.b.H.
26,019HRK6.0m0%0.01%
0.42%
KD Skladi druzba za upravljanje, d.o.o.
21,100HRK4.9m0%0.15%
0.24%
Amundi Asset Management
12,240HRK2.8m0%no data
0.051%
Triglav Skladi d. o. o.
2,577HRK597.9k0%0.01%
0.0042%
SAVA INFOND, druzba za upravljanje, d.o.o.
213HRK49.4k0%no data
0.0038%
Expat Asset Management Ead
193HRK44.8k0%0.01%

Company Information

Arena Hospitality Group d.d.'s employee growth, exchange listings and data sources


Key Information

  • Name: Arena Hospitality Group d.d.
  • Ticker: ARNT
  • Exchange: ZGSE
  • Founded: 1974
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Implied Market Cap: Kn1.179b
  • Shares outstanding: 5.08m
  • Website: https://www.arenahospitalitygroup.com

Number of Employees


Location

  • Arena Hospitality Group d.d.
  • Smareglina ulica 3
  • Pula
  • 52100
  • Croatia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ARNTZGSE (Zagreb Stock Exchange)YesOrdinary SharesHRHRKApr 1996

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/28 00:00
End of Day Share Price2022/09/28 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.