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May 13
Croatian (CROBEX) Hospitality Industry Analysis
UpdatedMay 18, 2024
DataAggregated Company Financials
Companies18
- 7D-0.5%
- 3M-4.0%
- 1Y9.3%
- YTD4.2%
Last week, the Hospitality industry hasn't moved much but Maistra d.d is up 3.7% in that time. As for the the longer term, the industry is up 9.7% over the past 12 months. Earnings are forecast to grow by 79% annually.
Industry Valuation and Performance
Has the Croatian Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 18 May 2024 | Kn2.8b | Kn1.3b | Kn116.0m | 25.6x | 24.4x | 2.2x |
| Mon, 15 Apr 2024 | Kn2.9b | Kn1.3b | Kn132.1m | 21.4x | 22.1x | 2.3x |
| Wed, 13 Mar 2024 | Kn2.9b | Kn1.3b | Kn132.4m | 22x | 22x | 2.3x |
| Fri, 09 Feb 2024 | Kn2.9b | Kn1.3b | Kn165.9m | 24.5x | 17.5x | 2.3x |
| Sun, 07 Jan 2024 | Kn3.5b | Kn1.9b | Kn318.9m | 27.2x | 11x | 1.9x |
| Tue, 05 Dec 2023 | Kn3.2b | Kn1.8b | Kn323.0m | 27.2x | 9.9x | 1.8x |
| Thu, 02 Nov 2023 | Kn3.1b | Kn1.7b | Kn313.9m | 28.7x | 10x | 1.8x |
| Sat, 30 Sep 2023 | Kn3.3b | Kn1.7b | Kn313.9m | 28.7x | 10.4x | 1.9x |
| Mon, 28 Aug 2023 | Kn3.2b | Kn1.7b | Kn313.8m | 29.3x | 10.2x | 1.9x |
| Wed, 26 Jul 2023 | Kn3.1b | Kn1.6b | Kn297.7m | 37.6x | 10.5x | 1.9x |
| Fri, 23 Jun 2023 | Kn3.1b | Kn1.6b | Kn298.6m | 32.8x | 10.3x | 1.9x |
| Sun, 21 May 2023 | Kn3.1b | Kn1.6b | Kn298.2m | 33.5x | 10.5x | 1.9x |
| Tue, 18 Apr 2023 | Kn3.1b | Kn1.2b | Kn154.3m | 26.5x | 19.8x | 2.5x |
| Thu, 16 Mar 2023 | Kn3.1b | Kn1.3b | Kn160.7m | 25.4x | 19x | 2.4x |
| Sat, 11 Feb 2023 | Kn2.9b | Kn1.2b | Kn146.9m | 18.1x | 20x | 2.4x |
| Mon, 09 Jan 2023 | Kn2.9b | Kn1.2b | Kn147.7m | 17.6x | 19.4x | 2.4x |
| Wed, 07 Dec 2022 | Kn20.9b | Kn9.1b | Kn1.1b | 17.5x | 18.9x | 2.3x |
| Fri, 04 Nov 2022 | Kn20.7b | Kn8.6b | Kn711.8m | 21x | 29x | 2.4x |
| Sun, 02 Oct 2022 | Kn20.3b | Kn7.5b | Kn513.7m | 24.9x | 39.5x | 2.7x |
| Tue, 30 Aug 2022 | Kn21.2b | Kn7.4b | Kn508.5m | 25.6x | 41.7x | 2.9x |
| Thu, 28 Jul 2022 | Kn21.2b | Kn6.4b | Kn308.2m | 37.3x | 68.7x | 3.3x |
| Sat, 25 Jun 2022 | Kn20.9b | Kn6.4b | Kn302.6m | 34.8x | 68.9x | 3.3x |
| Mon, 23 May 2022 | Kn21.0b | Kn6.4b | Kn302.6m | 33.4x | 69.5x | 3.3x |
| Wed, 20 Apr 2022 | Kn21.2b | Kn6.2b | Kn500.1m | 29x | 42.4x | 3.4x |
| Fri, 18 Mar 2022 | Kn20.5b | Kn6.3b | Kn608.1m | 22.4x | 33.8x | 3.3x |
| Sun, 13 Feb 2022 | Kn20.4b | Kn6.0b | Kn867.1m | 17.7x | 23.6x | 3.4x |
| Tue, 11 Jan 2022 | Kn20.8b | Kn6.0b | Kn819.7m | 17x | 25.4x | 3.5x |
| Thu, 09 Dec 2021 | Kn19.7b | Kn6.0b | Kn819.7m | 15.8x | 24x | 3.3x |
| Sat, 06 Nov 2021 | Kn19.6b | Kn4.0b | -Kn480,488,222.00 | 55x | -40.7x | 4.9x |
| Mon, 04 Oct 2021 | Kn19.5b | Kn3.4b | -Kn888,200,845.00 | 69x | -22x | 5.7x |
| Wed, 01 Sep 2021 | Kn19.2b | Kn3.4b | -Kn898,429,845.00 | 60.6x | -21.4x | 5.7x |
| Thu, 08 Jul 2021 | Kn19.6b | Kn3.4b | -Kn898,429,845.00 | 59.6x | -21.8x | 5.8x |
Price to Earnings Ratio
-17.7x
Current Industry PE
- Investors are optimistic on the Croatian Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.5x which is higher than its 3-year average PE of 19.2x.
- The 3-year average PS ratio of 3.1x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 22% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the Croatian Consumer Discretionary industry?
| HR Market | 1.91% | |
| Consumer Discretionary | -0.30% | |
| Hospitality | -0.46% | |
| Casinos and Gaming | 0% | |
| Restaurants | 0% | |
| Hotels, Resorts and Cruise Lines | -0.44% | |
| Leisure Facilities | -1.10% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry which is trading above its 3-year average PE ratio.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Hotels, Resorts and Cruise Lines industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 19.4x.
Forecasted Growth
- Analysts are most optimistic on the Hotels, Resorts and Cruise Lines industry, expecting annual earnings growth of 79% over the next 5 years.
- This is better than its past earnings growth rate of 43% per year.
- In contrast, the Hotels, Resorts and Cruise Lines industry is expected to see its earnings grow by 79% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| RIVP Valamar Riviera d.d | €5.14 | 3.0% +€18.5m | 18.2% | PE25.4x | |
| ARNT Arena Hospitality Group d.d | €31.80 | 2.6% +€4.0m | -14.1% | PE87.3x | |
| HTPK HTP Korcula d.d | €7.40 | 5.7% +€131.1k | 17.5% | PS0.2x |