NYSE:HGV

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Executive Summary

Hilton Grand Vacations Inc., a timeshare company, develops, markets, and operates vacation ownership resorts primarily under the Hilton Grand Vacations brand. More Details


Snowflake Analysis

Exceptional growth potential with imperfect balance sheet.


Similar Companies

Share Price & News

How has Hilton Grand Vacations's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: HGV is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: HGV's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

-0.3%

HGV

2.5%

US Hospitality

0.9%

US Market


1 Year Return

-19.7%

HGV

-5.0%

US Hospitality

22.1%

US Market

Return vs Industry: HGV underperformed the US Hospitality industry which returned -8.1% over the past year.

Return vs Market: HGV underperformed the US Market which returned 22.2% over the past year.


Shareholder returns

HGVIndustryMarket
7 Day-0.3%2.5%0.9%
30 Day20.7%25.4%10.2%
90 Day23.2%16.2%9.7%
1 Year-19.7%-19.7%-3.6%-5.0%24.8%22.1%
3 Year-34.0%-34.0%2.3%-4.1%48.6%38.7%
5 Yearn/a41.7%27.7%99.6%77.6%

Long-Term Price Volatility Vs. Market

How volatile is Hilton Grand Vacations's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hilton Grand Vacations undervalued compared to its fair value and its price relative to the market?

95.53x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: HGV ($28.01) is trading above our estimate of fair value ($6.73)

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


Price To Earnings Ratio

PE vs Industry: HGV is poor value based on its PE Ratio (95.5x) compared to the US Hospitality industry average (38.5x).

PE vs Market: HGV is poor value based on its PE Ratio (95.5x) compared to the US market (19.4x).


Price to Earnings Growth Ratio

PEG Ratio: HGV is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: HGV is overvalued based on its PB Ratio (4.6x) compared to the US Hospitality industry average (2.7x).


Next Steps

Future Growth

How is Hilton Grand Vacations forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

77.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HGV's forecast earnings growth (77.4% per year) is above the savings rate (2.2%).

Earnings vs Market: HGV's earnings (77.4% per year) are forecast to grow faster than the US market (21.9% per year).

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

Revenue vs Market: HGV's revenue (28.6% per year) is forecast to grow faster than the US market (10.2% per year).

High Growth Revenue: HGV's revenue (28.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HGV's Return on Equity is forecast to be high in 3 years time (33.4%)


Next Steps

Past Performance

How has Hilton Grand Vacations performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HGV has a large one-off loss of $13.0M impacting its September 30 2020 financial results.

Growing Profit Margin: HGV's current net profit margins (2.5%) are lower than last year (14.3%).


Past Earnings Growth Analysis

Earnings Trend: HGV's earnings have declined by 1.3% per year over the past 5 years.

Accelerating Growth: HGV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HGV had negative earnings growth (-90.5%) over the past year, making it difficult to compare to the Hospitality industry average (-53.8%).


Return on Equity

High ROE: HGV's Return on Equity (4.8%) is considered low.


Next Steps

Financial Health

How is Hilton Grand Vacations's financial position?


Financial Position Analysis

Short Term Liabilities: HGV's short term assets ($2.8B) exceed its short term liabilities ($209.0M).

Long Term Liabilities: HGV's short term assets ($2.8B) do not cover its long term liabilities ($2.8B).


Debt to Equity History and Analysis

Debt Level: HGV's debt to equity ratio (402.1%) is considered high.

Reducing Debt: HGV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: HGV's debt is not well covered by operating cash flow (4%).

Interest Coverage: HGV's interest payments on its debt are not well covered by EBIT (1.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Hilton Grand Vacations's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if HGV'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 HGV'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?

3.3yrs

Average management tenure


CEO

Mark Wang (63 yo)

3.92yrs

Tenure

US$5,905,405

Compensation

Mr. Mark D. Wang has been the Chief Executive Officer and President of Hilton Grand Vacations Inc. (HGV) since January 3, 2017 & March 2008 respectively. Mr. Wang serves as an Executive Vice President at H...


CEO Compensation Analysis

Compensation vs Market: Mark's total compensation ($USD5.91M) is above average for companies of similar size in the US market ($USD4.17M).

Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Mark Wang
President3.92yrsUS$5.91m0.33%
$ 8.0m
Daniel Mathewes
Executive VP & CFO2.08yrsUS$2.27m0.0055%
$ 130.4k
Gordon Gurnik
Executive VP & COO2yrsUS$2.15m0.015%
$ 362.3k
Sherri Silver
Executive VP & Chief Marketing Officer3.33yrsUS$2.09m0.0089%
$ 211.4k
Stan Soroka
Executive VP & Chief Customer Officer5.92yrsUS$1.92m0.063%
$ 1.5m
Carlos Hernandez
Senior VP & Chief Accounting Officer0.42yrno datano data
Erin Day
Vice President of Corporate Finance and Strategic Planningno datano datano data
Rich Jackson
Chief Information Officer & Senior VPno datano datano data
Charles Corbin
Executive VP4.08yrsUS$2.14m0.054%
$ 1.3m
Hannah Vazzana
Senior Vice President of Corporate Strategy & Communicationsno datano datano data
Dennis DeLorenzo
Executive VP & Chief Sales Officer4yrsUS$2.43m0.036%
$ 862.2k
Pablo Brizi
Executive VP & Chief Human Resources Officer0.92yrno datano data

3.3yrs

Average Tenure

57yo

Average Age

Experienced Management: HGV's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mark Wang
President3.92yrsUS$5.91m0.33%
$ 8.0m
Paul Whetsell
Independent Director3.92yrsUS$235.37k0.020%
$ 485.8k
Pamela Patsley
Independent Director4yrsUS$229.70k0.015%
$ 345.9k
Leonard Potter
Independent Chairman3.92yrsUS$340.00k0.085%
$ 2.0m
David Johnson
Independent Director3.92yrsUS$220.00k0.056%
$ 1.3m
Mark Lazarus
Independent Director3.92yrsUS$213.07k0.015%
$ 345.9k
Brenda Bacon
Independent Director3.92yrsUS$220.00k0.015%
$ 345.9k

3.9yrs

Average Tenure

63yo

Average Age

Experienced Board: HGV's board of directors are considered experienced (3.9 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Hilton Grand Vacations Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hilton Grand Vacations Inc.
  • Ticker: HGV
  • Exchange: NYSE
  • Founded: 1992
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: US$2.384b
  • Shares outstanding: 85.11m
  • Website: https://www.hiltongrandvacations.com

Number of Employees


Location

  • Hilton Grand Vacations Inc.
  • 6355 Metrowest Boulevard
  • Suite 180
  • Orlando
  • Florida
  • 32835
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
HGVNYSE (New York Stock Exchange)YesNew Common StockUSUSDDec 2016
HIEDB (Deutsche Boerse AG)YesNew Common StockDEEURDec 2016

Biography

Hilton Grand Vacations Inc., a timeshare company, develops, markets, and operates vacation ownership resorts primarily under the Hilton Grand Vacations brand. The company operates in two segments, Real Est...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/03 23:22
End of Day Share Price2020/12/03 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.