MEL Stock Analysis: Melia Hotels | MC
Lodging | MC, Spain | Market Cap: 2.456m EUR | 12M Return: 45% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 3.64M
EPS Trend: 47.8%
Qual. Beats: 0
Rev. Trend: 95.2%
Qual. Beats: 0
Warnings
Tailwinds
Seasonality 10.5 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Meliá Hotels International, S.A. is a Spanish hospitality company founded in 1956 and headquartered in Palma de Mallorca. It owns, operates, manages, leases, and franchises hotels across Spain, Latin America, the rest of Europe, and Asia, reporting through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, and Real Estate segments. The companys brand portfolio spans luxury to upscale tiers and includes Gran Meliá Hotels & Resorts, ME by Meliá, Paradisus by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, ZEL, and Sol by Meliá, among others. Beyond lodging, Meliá runs a vacation club, casino and tour operations, and real estate activities, and supports its commercial strategy through the Meliá Rewards loyalty program and Meliá PRO, a B2B platform for travel professionals.
The hotel industry commonly blends owned and franchised/managed properties, with franchise-fee and management-fee revenue typically carrying higher margins than directly owned assets. Loyalty programs, like Meliá Rewards, are a standard competitive lever used to drive direct bookings and reduce customer acquisition costs relative to online travel agencies.
- Spanish Mediterranean tourism lifts RevPAR and hotel margins
- Paradisus all-inclusive expansion in Caribbean drives segment growth
- Asset-light franchise strategy reduces real estate capital intensity
| Net Income: 163.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.07 > 0.02 and ΔFCF/TA -0.12 > 1.0 |
| NWC/Revenue: -13.93% < 20% (prev -10.99%; Δ -2.94% < -1%) |
| CFO/TA 0.10 > 3% & CFO 471.5m > Net Income 163.4m |
| Net Debt (3.62b) to EBITDA (560.2m): 6.46 < 3 |
| Current Ratio: 0.67 > 1.5 & < 3 |
| Outstanding Shares: last quarter (220.2m) vs 12m ago 0.08% < -2% |
| Gross Margin: 27.22% > 18% (prev 80.13%; Δ -52.91% > 0.5%) |
| Asset Turnover: 45.36% > 50% (prev 44.92%; Δ 0.44% > 0%) |
| Interest Coverage Ratio: 2.63 > 6 (EBIT TTM 307.3m / Interest Expense TTM 116.9m) |
| A: -0.06 (Total Current Assets 584.8m - Total Current Liabilities 876.6m) / Total Assets 4.66b |
| B: -0.09 (Retained Earnings -402.4m / Total Assets 4.66b) |
| C: 0.07 (EBIT TTM 307.3m / Avg Total Assets 4.62b) |
| D: 0.34 (Book Value of Equity 1.18b / Total Liabilities 3.47b) |
| Altman-Z'' = 0.11 = B |
As of July 14, 2026, the stock is trading at EUR 11.07 with a total of 274,534 shares traded. Over the past week, the price has changed by -5.22%, over one month by -5.23%, over three months by +3.91% and over the past year by +45.01%.
Current recommended Stop Loss: 10.60 (which is 4.2% or 1.5 ATR below the current price).
Melia Hotels has no consensus analysts rating.
P/E Trailing = 15.0676
P/E Forward = 14.881
P/S = 1.1727
P/B = 2.914
P/EG = 14.5303
Revenue TTM = 2.09b EUR
EBIT TTM = 307.3m EUR
EBITDA TTM = 560.2m EUR
Long Term Debt = 841.9m EUR (from longTermDebt, last fiscal year)
Short Term Debt = 319.4m EUR (from shortTermDebt, last fiscal year)
Debt = 3.85b EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 1.42b
Net Debt = 3.62b EUR (calculated: Debt 3.85b - CCE 233.1m)
Enterprise Value = 6.07b EUR (2.46b + Debt 3.85b - CCE 233.1m)
Interest Coverage Ratio = 2.63 (Ebit TTM 307.3m / Interest Expense TTM 116.9m)
EV/FCF = 17.97x (Enterprise Value 6.07b / FCF TTM 338.0m)
FCF Yield = 5.57% (FCF TTM 338.0m / Enterprise Value 6.07b)
FCF Margin = 16.14% (FCF TTM 338.0m / Revenue TTM 2.09b)
Net Margin = 7.80% (Net Income TTM 163.4m / Revenue TTM 2.09b)
Gross Margin = 27.22% ((Revenue TTM 2.09b - Cost of Revenue TTM 1.52b) / Revenue TTM)
Gross Margin QoQ = 58.02% (prev -128.4%)
Tobins Q-Ratio = 1.30 (Enterprise Value 6.07b / Total Assets 4.66b)
Interest Expense / Debt = 3.04% (Interest Expense 116.9m / Debt 3.85b)
Taxrate = 24.73% (63.4m / 256.3m)
NOPAT = 231.3m (EBIT 307.3m * (1 - 24.73%))
Current Ratio = 0.67 (Total Current Assets 584.8m / Total Current Liabilities 876.6m)
Debt / Equity = 3.26 (Debt 3.85b / totalStockholderEquity, last quarter 1.18b)
Debt / EBITDA = 6.46 (Net Debt 3.62b / EBITDA 560.2m)
Debt / FCF = 10.70 (Net Debt 3.62b / FCF TTM 338.0m)
Total Stockholder Equity = 984.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.54% (Net Income 163.4m / Total Assets 4.66b)
RoE = 16.59% (Net Income TTM 163.4m / Total Stockholder Equity 984.5m)
RoCE = 16.82% (EBIT 307.3m / Capital Employed (Equity 984.5m + L.T.Debt 841.9m))
RoIC = 5.79% (NOPAT 231.3m / Invested Capital 3.99b)
WACC = 4.61% (E(2.46b)/V(6.31b) * Re(8.24%) + D(3.85b)/V(6.31b) * Rd(3.04%) * (1-Tc(0.25)))
Discount Rate = 8.24% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 17.98 | Cagr: 0.02%
[DCF] Terminal Value 75.43% ; FCFF base≈338.1m ; Y1≈339.3m ; Y5≈359.0m
[DCF] Fair Price = 8.93 (EV 5.59b - Net Debt 3.62b = Equity 1.97b / Shares 220.3m; r=8.35% [WACC [floored]]; 5y FCF grow -0.06% → 2.50% )
EPS Correlation: 47.80 | EPS CAGR: 32.25% | SUE: 0.13 | # QB: 0
Revenue Correlation: 95.23 | Revenue CAGR: 4.80% | SUE: 0.40 | # QB: 0
EPS current Quarter (2026-03-31): EPS=0.03 | Chg30d=N/A | Revisions=+0% | Analysts=1
EPS next Quarter (2026-06-30): EPS=0.27 | Chg30d=+4.81% | Revisions=+25% | Analysts=1
EPS current Year (2026-12-31): EPS=0.74 | Chg30d=+2.67% | Revisions=+44% | GrowthEPS=-3.6% | GrowthRev=+3.9%
EPS next Year (2027-12-31): EPS=0.82 | Chg30d=+1.24% | Revisions=+50% | GrowthEPS=+10.5% | GrowthRev=+3.4%
[Analyst] Revisions Ratio: +59% (up=12, down=2)