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PLYA

Playa Hotels & ResortsNasdaqGS:PLYA Stock Report

Market Cap

US$1.2b

7D

3.5%

1Y

90.6%

Updated

23 Sep, 2021

Data

Company Financials +
PLYA fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

PLYA Overview

Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean.

Playa Hotels & Resorts Competitors

Marriott International

NasdaqGS:MAR

US$47.0b

Meliá Hotels International

BME:MEL

€1.4b

Price History & Performance

Summary of all time highs, changes and price drops for Playa Hotels & Resorts
Historical stock prices
Current Share PriceUS$7.70
52 Week HighUS$3.76
52 Week LowUS$8.35
Beta2.22
1 Month Change11.27%
3 Month Change2.39%
1 Year Change90.59%
3 Year Change-19.88%
5 Year Changen/a
Change since IPO-27.70%

Recent News & Updates

Aug 26

Playa Hotels & Resorts: Business Rebounding, But Stock Substantially Overvalued At This Price

Playa Hotels & Resorts has seen signs of growth as leisure travel has started to rebound in 2021. However, I calculate that earnings growth would need to be very high to justify further upside from here. While the business stands to grow revenues and earnings further from here, the stock itself seems quite overvalued.

Aug 10
Growth Investors: Industry Analysts Just Upgraded Their Playa Hotels & Resorts N.V. (NASDAQ:PLYA) Revenue Forecasts By 12%

Growth Investors: Industry Analysts Just Upgraded Their Playa Hotels & Resorts N.V. (NASDAQ:PLYA) Revenue Forecasts By 12%

Celebrations may be in order for Playa Hotels & Resorts N.V. ( NASDAQ:PLYA ) shareholders, with the analysts delivering...

Aug 08
Playa Hotels & Resorts N.V. (NASDAQ:PLYA) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

Playa Hotels & Resorts N.V. (NASDAQ:PLYA) Reported Earnings Last Week And Analysts Are Already Upgrading Their Estimates

As you might know, Playa Hotels & Resorts N.V. ( NASDAQ:PLYA ) just kicked off its latest second-quarter results with...

Shareholder Returns

PLYAUS HospitalityUS Market
7D3.5%3.2%-0.5%
1Y90.6%41.0%37.5%

Return vs Industry: PLYA exceeded the US Hospitality industry which returned 37.4% over the past year.

Return vs Market: PLYA exceeded the US Market which returned 36.2% over the past year.

Price Volatility

Is PLYA's price volatile compared to industry and market?
PLYA volatility
PLYA Beta2.22
Industry Beta1.72
Market Beta1

Stable Share Price: PLYA is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: PLYA's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20068,000Bruce Wardinskihttps://www.playaresorts.com

Playa Hotels & Resorts N.V., together with its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean. As of March 10, 2021, it owned a portfolio of 20 resorts comprising 7,867 rooms located in Mexico, Jamaica, and the Dominican Republic. The company was founded in 2006 and is headquartered in Fairfax, Virginia.

Playa Hotels & Resorts Fundamentals Summary

How do Playa Hotels & Resorts's earnings and revenue compare to its market cap?
PLYA fundamental statistics
Market CapUS$1.22b
Earnings (TTM)-US$229.87m
Revenue (TTM)US$299.27m

4.2x

P/S Ratio

-5.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PLYA income statement (TTM)
RevenueUS$299.27m
Cost of RevenueUS$230.39m
Gross ProfitUS$68.87m
ExpensesUS$298.74m
Earnings-US$229.87m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.55
Gross Margin23.01%
Net Profit Margin-76.81%
Debt/Equity Ratio184.0%

How did PLYA perform over the long term?

See historical performance and comparison

Valuation

Is Playa Hotels & Resorts undervalued compared to its fair value and its price relative to the market?

1.98x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: PLYA ($7.7) is trading above our estimate of fair value ($5.15)

Significantly Below Fair Value: PLYA is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: PLYA is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: PLYA is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PLYA's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PLYA is good value based on its PB Ratio (2x) compared to the US Hospitality industry average (3.4x).


Future Growth

How is Playa Hotels & Resorts forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

82.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PLYA is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: PLYA is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: PLYA's is expected to become profitable in the next 3 years.

Revenue vs Market: PLYA's revenue (18.9% per year) is forecast to grow faster than the US market (9.8% per year).

High Growth Revenue: PLYA's revenue (18.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PLYA's Return on Equity is forecast to be low in 3 years time (3.4%).


Past Performance

How has Playa Hotels & Resorts performed over the past 5 years?

-64.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PLYA is currently unprofitable.

Growing Profit Margin: PLYA is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PLYA is unprofitable, and losses have increased over the past 5 years at a rate of 64% per year.

Accelerating Growth: Unable to compare PLYA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PLYA is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (80.8%).


Return on Equity

High ROE: PLYA has a negative Return on Equity (-36.07%), as it is currently unprofitable.


Financial Health

How is Playa Hotels & Resorts's financial position?


Financial Position Analysis

Short Term Liabilities: PLYA's short term assets ($352.2M) exceed its short term liabilities ($105.6M).

Long Term Liabilities: PLYA's short term assets ($352.2M) do not cover its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: PLYA's debt to equity ratio (184%) is considered high.

Reducing Debt: PLYA's debt to equity ratio has increased from 135.8% to 184% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: PLYA has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if PLYA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Playa Hotels & Resorts's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PLYA's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.2yrs

Average management tenure


CEO

Bruce Wardinski (61 yo)

4.5yrs

Tenure

US$4,071,093

Compensation

Mr. Bruce D. Wardinski has been an Independent Director of DiamondRock Hospitality Company since January 10, 2013 and serves as its Lead Director since May 03, 2016. Mr. Wardinski serves as President at Pl...


CEO Compensation Analysis

Compensation vs Market: Bruce's total compensation ($USD4.07M) is about average for companies of similar size in the US market ($USD3.68M).

Compensation vs Earnings: Bruce's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: PLYA's management team is considered experienced (3.2 years average tenure).


Board Members

Experienced Board: PLYA's board of directors are considered experienced (3.8 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 22.1%.


Top Shareholders

Company Information

Playa Hotels & Resorts N.V.'s employee growth, exchange listings and data sources


Key Information

  • Name: Playa Hotels & Resorts N.V.
  • Ticker: PLYA
  • Exchange: NasdaqGS
  • Founded: 2006
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: US$1.219b
  • Shares outstanding: 164.22m
  • Website: https://www.playaresorts.com

Number of Employees


Location

  • Playa Hotels & Resorts N.V.
  • 3950 University Drive
  • Suite 301
  • Fairfax
  • Virginia
  • 22030
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 23:07
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.