(MEL) Melia Hotels - Overview
Sector: Consumer Cyclical | Industry: Lodging | Exchange: MC (Spain) | Market Cap: 2.515m EUR | Total Return: 69.3% in 12m
Avg Turnover: 3.84M
EPS Trend: 47.8%
Qual. Beats: 0
Rev. Trend: 95.2%
Qual. Beats: 0
Warnings
Beneish M-Score -1.29 > -1.5 - likely earnings manipulation
Altman Z'' -0.32 < 1.0 - financial distress zone
Tailwinds
Supp Ema20, Rs Leader, Idiosyncratic Leader, Tailwind, Pullback 52w
Meliá Hotels International (MEL) is a Spain-based global hospitality firm that utilizes a diversified business model involving the ownership, management, leasing, and franchising of hotels. Its portfolio spans premium and mid-scale brands, including Gran Meliá, ME by Meliá, and Sol by Meliá, alongside vacation clubs, casinos, and real estate operations. The company maintains a significant presence across Europe, Latin America, and Asia.
The company operates within the asset-light segment of the hospitality sector, a strategy where firms shift from owning physical real estate to managing properties for third-party owners to improve capital efficiency. This model allows for rapid international scaling while reducing direct exposure to property maintenance costs. Investors can examine detailed valuation metrics on ValueRay to further assess the companys financial health.
- Leisure travel demand in Mediterranean markets dictates core quarterly revenue growth
- High debt levels expose earnings to interest rate volatility and refinancing risks
- Asset-light management strategy shift improves operational margins and reduces capital intensity
- European consumer sentiment and inflation trends impact occupancy and daily room rates
- Expansion of luxury brands in Latin America and Asia drives portfolio premiumization
| 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 (3.65b) to EBITDA (560.2m): 6.51 < 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 0.80%; Δ 2.64k% > 0.5%) |
| Asset Turnover: 45.36% > 50% (prev 44.92%; Δ 0.44% > 0%) |
| Interest Coverage Ratio: 2.63 > 6 (EBITDA TTM 560.2m / 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: -0.07 (Book Value of Equity -233.7m / Total Liabilities 3.47b) |
| Altman-Z'' = -0.32 = B |
| DSRI: 1.02 (Receivables 319.9m/309.3m, Revenue 2.09b/2.06b) |
| GMI: 2.94 (GM 27.22% / 80.13%) |
| AQI: 1.02 (AQ_t 0.20 / AQ_t-1 0.20) |
| SGI: 1.02 (Revenue 2.09b / 2.06b) |
| TATA: -0.07 (NI 163.4m - CFO 471.5m) / TA 4.66b) |
| Beneish M = -1.29 (Cap -4..+1) = D |
As of May 29, 2026, the stock is trading at EUR 11.34 with a total of 209,506 shares traded.
Over the past week, the price has changed by -2.16%,
over one month by +2.53%,
over three months by +35.97% and
over the past year by +69.33%.
Melia Hotels has no consensus analysts rating.
P/E Trailing = 15.4324
P/E Forward = 15.456
P/S = 1.2007
P/B = 3.0253
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 = 306.4m EUR (from shortTermDebt, last fiscal year)
Debt = 3.88b EUR (from shortLongTermDebtTotal, last fiscal year) + Leases 1.45b
Net Debt = 3.65b EUR (calculated: Debt 3.88b - CCE 235.0m)
Enterprise Value = 6.16b EUR (2.52b + Debt 3.88b - CCE 235.0m)
Interest Coverage Ratio = 2.63 (Ebit TTM 307.3m / Interest Expense TTM 116.9m)
EV/FCF = 18.23x (Enterprise Value 6.16b / FCF TTM 338.0m)
FCF Yield = 5.49% (FCF TTM 338.0m / Enterprise Value 6.16b)
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 = 1.32 (Enterprise Value 6.16b / Total Assets 4.66b)
Interest Expense / Debt = 3.01% (Interest Expense 116.9m / Debt 3.88b)
Taxrate = 24.44% (1.10m / 4.50m)
NOPAT = 232.2m (EBIT 307.3m * (1 - 24.44%))
Current Ratio = 0.67 (Total Current Assets 584.8m / Total Current Liabilities 876.6m)
Debt / Equity = 4.60 (Debt 3.88b / totalStockholderEquity, last fiscal year 843.7m)
Debt / EBITDA = 6.51 (Net Debt 3.65b / EBITDA 560.2m)
Debt / FCF = 10.79 (Net Debt 3.65b / FCF TTM 338.0m)
Total Stockholder Equity = 867.3m (last 4 quarters mean from totalStockholderEquity)
RoA = 3.54% (Net Income 163.4m / Total Assets 4.66b)
RoE = 18.84% (Net Income TTM 163.4m / Total Stockholder Equity 867.3m)
RoCE = 17.98% (EBIT 307.3m / Capital Employed (Equity 867.3m + L.T.Debt 841.9m))
RoIC = 5.75% (NOPAT 232.2m / Invested Capital 4.04b)
WACC = 4.59% (E(2.52b)/V(6.40b) * Re(8.16%) + D(3.88b)/V(6.40b) * Rd(3.01%) * (1-Tc(0.24)))
Discount Rate = 8.16% (= 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 = 8.80 (EV 5.59b - Net Debt 3.65b = Equity 1.94b / Shares 220.2m; 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 (2026-06-30): EPS=0.27 | Chg30d=+4.81% | Revisions=+20% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.40 | Chg30d=+0.48% | Revisions=+20% | Analysts=1
EPS current Year (2026-12-31): EPS=0.73 | Chg30d=+2.50% | Revisions=+40% | GrowthEPS=-5.1% | GrowthRev=+3.7%
EPS next Year (2027-12-31): EPS=0.81 | Chg30d=+3.69% | Revisions=+45% | GrowthEPS=+10.9% | GrowthRev=+3.6%
[Analyst] Revisions Ratio: +45%