Hilton Grand Vacations
Market Cap
US$2.8b
Last Updated
2021/01/17 23:49 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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 +/- 7% a week.
Volatility Over Time: HGV's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
1.1%
HGV
1.7%
US Hospitality
-1.0%
US Market
1 Year Return
-6.3%
HGV
-12.2%
US Hospitality
19.6%
US Market
Return vs Industry: HGV exceeded the US Hospitality industry which returned -12.3% over the past year.
Return vs Market: HGV underperformed the US Market which returned 19.6% over the past year.
Shareholder returns
| HGV | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.1% | 1.7% | -1.0% |
| 30 Day | 8.0% | 1.8% | 2.3% |
| 90 Day | 53.2% | 23.6% | 13.1% |
| 1 Year | -6.3%-6.3% | -11.2%-12.2% | 22.3%19.6% |
| 3 Year | -25.8%-25.8% | -4.7%-10.4% | 45.3%35.7% |
| 5 Year | n/a | 57.4%41.8% | 124.8%99.8% |
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
5 days ago | Simply Wall St
What Type Of Returns Would Hilton Grand Vacations'(NYSE:HGV) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?3 weeks ago | Simply Wall St
Here's Why Hilton Grand Vacations (NYSE:HGV) Is Weighed Down By Its Debt Load1 month ago | Simply Wall St
Are Hilton Grand Vacations's (NYSE:HGV) Statutory Earnings A Good Reflection Of Its Earnings Potential?Valuation
Is Hilton Grand Vacations undervalued compared to its fair value and its price relative to the market?
111.32x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HGV ($32.64) is trading above our estimate of fair value ($8.2)
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 (111.3x) compared to the US Hospitality industry average (35.7x).
PE vs Market: HGV is poor value based on its PE Ratio (111.3x) compared to the US market (21x).
Price to Earnings Growth Ratio
PEG Ratio: HGV is poor value based on its PEG Ratio (1.4x)
Price to Book Ratio
PB vs Industry: HGV is overvalued based on its PB Ratio (5.3x) compared to the US Hospitality industry average (3.1x).
Next Steps
Future Growth
How is Hilton Grand Vacations forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
78.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HGV's forecast earnings growth (78.4% per year) is above the savings rate (2%).
Earnings vs Market: HGV's earnings (78.4% per year) are forecast to grow faster than the US market (21.5% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HGV's revenue (26.3% per year) is forecast to grow faster than the US market (10.3% per year).
High Growth Revenue: HGV's revenue (26.3% 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 (34.9%)
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 (-56.1%).
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?
3.4yrs
Average management tenure
CEO
Mark Wang (63 yo)
4yrs
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 about average for companies of similar size in the US market ($USD5.02M).
Compensation vs Earnings: Mark's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$5.91m | 0.37% $ 10.2m | |
| Executive VP & CFO | 2.17yrs | US$2.27m | 0.0083% $ 231.1k | |
| Executive VP & COO | 2.08yrs | US$2.15m | 0.026% $ 726.1k | |
| Executive VP & Chief Marketing Officer | 3.42yrs | US$2.09m | 0.013% $ 371.1k | |
| Executive VP & Chief Customer Officer | 6yrs | US$1.92m | 0.048% $ 1.3m | |
| Senior VP & Chief Accounting Officer | 0.50yr | no data | no data | |
| Vice President of Corporate Finance and Strategic Planning | no data | no data | no data | |
| Chief Information Officer & Senior VP | no data | no data | no data | |
| Executive VP | 4.17yrs | US$2.14m | 0.062% $ 1.7m | |
| Senior Vice President of Corporate Strategy & Communications | no data | no data | no data | |
| Executive VP & Chief Sales Officer | 4.08yrs | US$2.43m | 0.041% $ 1.1m | |
| Executive VP & Chief Human Resources Officer | 1yr | no data | no data |
3.4yrs
Average Tenure
57yo
Average Age
Experienced Management: HGV's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4yrs | US$5.91m | 0.37% $ 10.2m | |
| Independent Director | 4yrs | US$235.37k | 0.020% $ 566.1k | |
| Independent Director | 4.08yrs | US$229.70k | 0.015% $ 403.1k | |
| Independent Chairman | 4yrs | US$340.00k | 0.085% $ 2.4m | |
| Independent Director | 4yrs | US$220.00k | 0.056% $ 1.5m | |
| Independent Director | 4yrs | US$213.07k | 0.015% $ 403.1k | |
| Independent Director | 4yrs | US$220.00k | 0.015% $ 403.1k |
4.0yrs
Average Tenure
63yo
Average Age
Experienced Board: HGV's board of directors are considered experienced (4 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$2.778b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HGV | NYSE (New York Stock Exchange) | Yes | New Common Stock | US | USD | Dec 2016 |
| HIE | DB (Deutsche Boerse AG) | Yes | New Common Stock | DE | EUR | Dec 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 23:49 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.