Accor SA operates a chain of hotels. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses.
Excellent balance sheet, good value and pays a dividend.
Share Price & News
How has Accor's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACRF.F's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: ACRF.F underperformed the US Hospitality industry which returned -28.3% over the past year.
Return vs Market: ACRF.F underperformed the US Market which returned 14.9% over the past year.
Price Volatility Vs. Market
How volatile is Accor's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Accor undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ACRF.F ($24.99) is trading below our estimate of fair value ($27.19)
Significantly Below Fair Value: ACRF.F is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ACRF.F is good value based on its PE Ratio (14.4x) compared to the US Hospitality industry average (26.9x).
PE vs Market: ACRF.F is good value based on its PE Ratio (14.4x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: ACRF.F is poor value based on its PEG Ratio (3x)
Price to Book Ratio
PB vs Industry: ACRF.F is good value based on its PB Ratio (0.8x) compared to the US Hospitality industry average (1.6x).
How is Accor forecast to perform in the next 1 to 3 years based on estimates from 18 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACRF.F's forecast earnings growth (4.8% per year) is above the savings rate (2.2%).
Earnings vs Market: ACRF.F's earnings (4.8% per year) are forecast to grow slower than the US market (22.3% per year).
High Growth Earnings: ACRF.F's earnings are forecast to grow, but not significantly.
Revenue vs Market: ACRF.F's revenue (2.5% per year) is forecast to grow slower than the US market (9.3% per year).
High Growth Revenue: ACRF.F's revenue (2.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACRF.F's Return on Equity is forecast to be low in 3 years time (5%).
How has Accor performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACRF.F has a large one-off gain of €177.0M impacting its December 31 2019 financial results.
Growing Profit Margin: ACRF.F became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ACRF.F's earnings have grown by 2.9% per year over the past 5 years.
Accelerating Growth: ACRF.F has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ACRF.F has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (-41.9%).
Return on Equity
High ROE: ACRF.F's Return on Equity (6.7%) is considered low.
How is Accor's financial position?
Financial Position Analysis
Short Term Liabilities: ACRF.F's short term assets (€5.0B) exceed its short term liabilities (€2.9B).
Long Term Liabilities: ACRF.F's short term assets (€5.0B) exceed its long term liabilities (€4.0B).
Debt to Equity History and Analysis
Debt Level: ACRF.F's debt to equity ratio (44.8%) is considered high.
Reducing Debt: ACRF.F's debt to equity ratio has reduced from 72.2% to 44.8% over the past 5 years.
Debt Coverage: ACRF.F's debt is well covered by operating cash flow (20.5%).
Interest Coverage: ACRF.F's interest payments on its debt are well covered by EBIT (9.4x coverage).
What is Accor current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ACRF.F's dividend (4.89%) is higher than the bottom 25% of dividend payers in the US market (1.66%).
High Dividend: ACRF.F's dividend (4.89%) is in the top 25% of dividend payers in the US market (4.51%)
Stability and Growth of Payments
Stable Dividend: ACRF.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: ACRF.F's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (70.5%), ACRF.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACRF.F's dividends in 3 years are forecast to be covered by earnings (70.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sébastien Bazin (59 yo)
Mr. Sébastien M. Bazin serves as the Vice-Chairman of the Supervisory Board of Buffalo Grill S.A. Mr. Bazin has been Acting Chairman and Chief Executive Officer of Accor S.A. since 2013 and has been its Di ...
CEO Compensation Analysis
Compensation vs Market: Sébastien's total compensation ($USD5.22M) is about average for companies of similar size in the US market ($USD7.31M).
Compensation vs Earnings: Sébastien's compensation has been consistent with company performance over the past year.
|Chairman & CEO||7yrs||€4.41m||0.071% |
|Deputy CEO & CFO||1.58yrs||no data||no data|
|Senior Vice President||no data||no data||no data|
|Vice President of Media Relations Worldwide||no data||no data||no data|
|Chief Marketing Officer||1.25yrs||no data||no data|
|Chief Talent & Culture Officer||0.75yr||no data||no data|
|Global Chief Partners & Hotel Services Officer||no data||no data||no data|
|Chief Executive Officer of Asia-Pacific||12.5yrs||no data||no data|
|Senior Vice President of Customer Relations & Loyalty||no data||no data||no data|
|Senior Vice President of Global Sales and Head of Lifestyle Division||8.58yrs||no data||no data|
|Chief Operating Officer of Middle||1.83yrs||no data||no data|
|Chief Transformation Officer||1.75yrs||no data||no data|
Experienced Management: ACRF.F's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
|Chairman & CEO||7yrs||€4.41m||0.071% |
|Chairman||no data||no data||no data|
|Vice Chairman & Senior Independent Director||4.08yrs||€211.93k||0.00039% |
|Non-Independent Director||4.08yrs||€146.55k||0.011% |
|Independent Director||4.08yrs||€133.32k||0.00039% |
|Independent Director||10.17yrs||€143.46k||0.00061% |
|Employee Representative Director||6.25yrs||€96.97k||no data|
|Non-Independent Director||4.08yrs||€169.68k||0.00039% |
|Independent Director||4.08yrs||€113.83k||0.00078% |
|Independent Director||3.5yrs||€85.60k||0.00040% |
|Employee Representative Director||2.58yrs||€93.65k||no data|
Experienced Board: ACRF.F's board of directors are considered experienced (4.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Accor SA's company bio, employee growth, exchange listings and data sources
- Name: Accor SA
- Ticker: ACRF.F
- Exchange: OTCPK
- Founded: 1967
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: €5.514b
- Listing Market Cap: €6.523b
- Shares outstanding: 256.94m
- Website: https://group.accor.com/en
Number of Employees
- Accor SA
- 82, rue Henri Farman
- CS 20077
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACRF.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
|AC||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|ACR||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|0H59||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|ACP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|ACC-U||ETLX (Eurotlx)||Yes||Ordinary Shares||IT||EUR||Jan 1992|
|AC||SWX (SIX Swiss Exchange)||Yes||Ordinary Shares||CH||CHF||Jan 1992|
|AC||WBAG (Wiener Boerse AG)||Yes||Ordinary Shares||AT||EUR||Jan 1992|
|ACC N||BMV (Bolsa Mexicana de Valores)||Yes||Ordinary Shares||MX||MXN||Jan 1992|
|ACCY.Y||OTCPK (Pink Sheets LLC)||SPON ADR EACH REPR 5 ORD||US||USD||Oct 2008|
|ACR1||DB (Deutsche Boerse AG)||SPON ADR EACH REPR 5 ORD||DE||EUR||Oct 2008|
Accor SA operates a chain of hotels. It operates through three segments: HotelServices, Hotel Assets & Others, and New Businesses. The company owns, operates, manages, and franchises hotels. It also provid ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/04 00:43|
|End of Day Share Price||2020/07/31 00:00|
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.