Hilton Grand Vacations Inc.

Consumer Discretionary
Hotels/Resorts
www.hgv.com

Earnings Score
Moat Score
Safety Score

Market Cap $4.18B
PE 44
Debt $5.04B
Cash $541.00M
EV $8.68B
FCF $164.00M

Earnings

loading chart...

Sales & Net Margins

loading chart...

Earnings	$95.00M
EBIT	$195.00M
ROE	5%
ROA	2%
FCF	$164.00M
Equity	$1.99B
Growth Stability	-72%
PE	43.98
PEG	1.73
PB	2.1
P/FCF	25.47
P/S	0.89
Price/Cash	0.13
Debt/Equity	2.54
Debt/FCF	30.73
Net Margins	1%
Op. Margins	4%
Earnings CAGR	0%
Sales Growth YoY	28%
Sales Growth QoQ	6%
Sales CAGR	13%
FCF CAGR	10%
Equity CAGR	35%
Earnings Stability	-0.04
Earnings Growth YoY	-68%

Earnings Growth QoQ	1K%
Earnings CAGR 5Y	25%
Sales CAGR 5Y	48%
FCF CAGR 5Y	34%
Equity CAGR 5Y	49%
Earnings CAGR 3Y	23%
Sales CAGR 3Y	23%
FCF CAGR 3Y	-21%
Equity CAGR 3Y	0%
Market Cap	$4.18B
Revenue	$4.72B
Assets	$11.15B
Total Debt	$5.04B
Cash	$541.00M
Shares Outstanding	99.85M
EV	8.68B
Earnings Score	6%
Moat Score	41%
Safety Score	34%
Final Score	27%
Shares Growth 3y	-4%
Equity Growth QoQ	-4%
Equity Growth YoY	-7%

Assets & ROA

loading chart...

Stockholders Equity & ROE

loading chart...

Hilton Grand Vacations Inc is a timeshare company that markets and sells vacation ownership intervals (VOI), manages resorts in leisure and urban destinations, and operates a points-based vacation club. The company operates its business through two segments: Real Estate Sales & Financing and Resort Operations & Club Management. The company has more than 60 properties located in Orlando, Las Vegas, the Hawaiian Islands, New York City, Washington D.C., South Carolina, Barbados, and Mexico. Its Hilton grand vacations club has more than 300,000 members who have the flexibility to exchange their VOIs for stays at any Hilton grand vacations resort. It derives most of the revenue from Real Estate Sales & Financing segment.

SEC Filings

Direct access to Hilton Grand Vacations Inc. (HGV) Annual Reports (10K) and Quarterly Reports (10Q) from the SEC website.

2024
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2023
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31
2022
- 10-K Dec 31
- 10-Q Sep 30
- 10-Q Jun 30
- 10-Q Mar 31

Sector Comparison

How does Hilton Grand Vacations Inc. compare to its competitors?

Loading chart...

Peter Lynch's Chart

This chart shows the current pricing of Hilton Grand Vacations Inc. compared to its past. The addition of the earnings trend line provides further insights into the company's earnings power.

CAGR 0%

Stability -4%

loading chart...

Hilton Grand Vacations Inc. Discounted Cash Flow

Fully customizable DCF calculator online for Hilton Grand Vacations Inc..

Years

Calculation mode

= $3.2B

	0	1	2	3	4	5	6	7	8	9	10	TV
fcf	$164M	$180M	$197M	$216M	$237M	$260M	$285M	$312M	$342M	$375M	$411M	$4.1B
DCF		$163M	$163M	$162M	$162M	$161M	$161M	$160M	$160M	$159M	$159M	$1.6B
Value	$3.2B

Competitiveness and MOAT

High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	08/2021	12/2021	12/2022	12/2023	TTM
Net Margins	12%	11%	19%	15%	12%	-22%	15%	8%	9%	8%	1%
ROA	-	13%	13%	15%	9%	-9%	-	3%	6%	5%	2%
ROE	-	100%	63%	48%	38%	-54%	-	9%	16%	15%	5%

Bad Net Margins (0.73%)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Safety and Stability

Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	08/2021	12/2021	12/2022	12/2023	TTM
Debt over FCF	-	3.21	1.53	-3.01	7.72	16.39	-	19.83	3.85	10.85	30.73
Debt over Equity	-	2.99	0.95	0.99	1.46	3.11	-	1.5	1.23	1.44	2.54
Growth Stability	-	-	-	100%	82%	-72%	88%	100%	100%	100%	-72%

Bad Debt/FCF ratio (30.73)

Net Margins are too low to guarantee profitability in case of higher costs or higher interest rates. Furthermore lower margins cause higher earnings’ volatility.

Bad Debt/Equity ratio (2.54)

The company is overleveraged and has a bad balance between equity and debt.

Bad Graham’s Stability (-72%)

The company has a bad stability in its earnings, which is a sign of a bad competitive advantage.

Growth

Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.

Years	12/2015	12/2016	12/2017	12/2018	12/2019	12/2020	08/2021	12/2021	12/2022	12/2023	CAGR 5Y
Revenue YoY growth	-	7%	8%	17%	-8%	-51%	-29%	269%	64%	4%	48%
Earnings YoY growth	-	-4%	95%	-9%	-28%	-193%	-146%	92%	100%	-11%	25%
Equity YoY growth	-	-258%	210%	19%	-7%	-34%	-	-	8%	-2%	49%
FCF YoY growth	-	11%	106%	-163%	-153%	-34%	-	-	359%	-59%	34%