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Accor S.A. (AC.PA)

55.7Fair

ValueMarkers Composite Index

Top 60%#17,973 of 44,707
Undervalued

56% below intrinsic value ($120)

UndervaluedFair ValueOvervalued
Piotroski
6/9
Neutral
Beneish
-2.57
Low Risk
Altman
1.88
Grey Zone
DCF Value
$120
Undervalued
ROIC
6.9%
Low
P/E
31.1
Growth
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

Accor S.A. (AC.PA) — VMCI valuation read

Headline read on AC.PA: VMCI of 56/100 versus a Consumer Cyclical sector median of 50. The 6-point above-median position is what makes Accor S.A. a relative-value candidate in the mid-cap cohort, before any pillar-level review.

Form 4 filings on AC.PA: zero in the trailing 30 days. The absence of insider transactions is itself a data point, just a low-information one. The thesis runs on financials and price action until that changes.

**Investor frame.** Three reads on AC.PA: value (AC.PA trades at 21.0x earnings, 17% above the Consumer Cyclical median of 18.0x), quality (ROIC of 11.0% sits 1.0pp above the Consumer Cyclical median (10.0%)), and risk (net debt to EBITDA of -0.8x leaves covenant headroom). The value read also implies an EV/EBITDA gap of +4.0x against the Consumer Cyclical 12.0x baseline.

AC.PA fell 0.8% over the trailing 7 days, with a -4.5% read on a 30-day basis.

Accor SA operates a chain of hotels. It operates through two segments, HotelServices, and Hotel Assets & Other. The company owns, operates, manages, and franchises hotels. It also provides digital services to independent hotel operators through D-edge platform; ResDiary, a flat-rate online table reservation system that is designed for restaurant owners; Gekko solutions, including digital hotel distribution and loyalty platforms for the travel industry and large companies; and concierge and customized services through John Paul, as well as hotel booking services; and other services in events, fine dining, and entertainment through Paris Society and Potel & Chabot platforms. In addition, the company offers distribution activities, such as private sales of hotel accommodation and luxury vacations through VeryChic platform; rental of private residences operated by onefinestay; and coworking spaces through Wojo and Mama Works. Further, it provides hotel management, procurement, cash management, IT, and advertising services, as well as various advisory services. As of December 31, 2021, the company operated 5,298 hotels with 777,714 rooms in 110 countries worldwide. The company was founded in 1967 and is headquartered in Issy-les-Moulineaux, France.

CEO: Sebastien Marie Christophe Bazin19,423 employeesFRwww.group.accor.com/en

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