(HGV) Hilton Grand Vacations - Overview
Sector: Consumer Cyclical | Industry: Resorts & Casinos | Exchange: NYSE (USA) | Market Cap: 3.861m USD | Total Return: 36.2% in 12m
Avg Turnover: 36.5M
EPS Trend: -26.1%
Qual. Beats: 1
Rev. Trend: 94.1%
Qual. Beats: 0
Warnings
High Debt/EBITDA (5.3) with thin interest coverage (1.3)
Tailwinds
Confidence
Hilton Grand Vacations Inc. (HGV) is a global vacation ownership company that develops, manages, and markets timeshare resorts under the Hilton Grand Vacations brand. The business operates primarily through two segments: Real Estate Sales and Financing, which handles the sale of vacation ownership intervals (VOIs) and consumer lending, and Resort Operations and Club Management, which oversees club memberships, exchange services, and resort amenities.
The company utilizes a capital-light fee-for-service model for a portion of its inventory, allowing it to generate sales commissions and management fees without the full cost of property development. In the broader hospitality sector, vacation ownership companies often maintain higher customer retention rates compared to traditional hotels due to the contractual nature of club memberships and prepaid equity in properties.
Investors can further evaluate these operational segments and financial trends by reviewing the detailed data available on ValueRay.
Headquartered in Orlando, Florida, HGV maintains a geographical footprint spanning the United States, Europe, and Japan. Its revenue streams are diversified between one-time real estate transactions and recurring income from club dues and property management services.
- Contract sales volume and financing revenue drive core real estate segment profitability
- Recurring management fees and club membership dues provide stable cash flow margins
- Higher interest rates increase consumer financing costs and reduce loan portfolio spreads
- Macroeconomic shifts in consumer discretionary spending impact luxury timeshare sales and occupancy
- Integration of acquired inventory brands determines long-term scale and operational efficiency
| Net Income: 199.0m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.98 > 1.0 |
| NWC/Revenue: 96.37% < 20% (prev 21.58%; Δ 74.80% < -1%) |
| CFO/TA 0.03 > 3% & CFO 390.0m > Net Income 199.0m |
| Net Debt (6.93b) to EBITDA (1.32b): 5.26 < 3 |
| Current Ratio: 4.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (83.7m) vs 12m ago -12.36% < -2% |
| Gross Margin: 56.85% > 18% (prev 0.64%; Δ 5.62k% > 0.5%) |
| Asset Turnover: 43.70% > 50% (prev 42.18%; Δ 1.52% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBITDA TTM 1.32b / Interest Expense TTM 777.0m) |
| A: 0.42 (Total Current Assets 6.50b - Total Current Liabilities 1.50b) / Total Assets 11.9b |
| B: -0.00 (Retained Earnings -5.00m / Total Assets 11.9b) |
| C: 0.09 (EBIT TTM 1.04b / Avg Total Assets 11.9b) |
| D: -0.00 (Book Value of Equity -29.0m / Total Liabilities 10.6b) |
| Altman-Z'' = 3.33 = A |
| DSRI: 0.08 (Receivables 274.0m/3.36b, Revenue 5.18b/4.97b) |
| GMI: 1.13 (GM 56.85% / 64.07%) |
| AQI: 0.56 (AQ_t 0.38 / AQ_t-1 0.67) |
| SGI: 1.04 (Revenue 5.18b / 4.97b) |
| TATA: -0.02 (NI 199.0m - CFO 390.0m) / TA 11.9b) |
| Beneish M = -3.92 (Cap -4..+1) = AAA |
As of May 31, 2026, the stock is trading at USD 52.02 with a total of 897,397 shares traded.
Over the past week, the price has changed by +6.23%,
over one month by +19.86%,
over three months by +15.70% and
over the past year by +36.21%.
Hilton Grand Vacations has received a consensus analysts rating of 3.78. Therefore, it is recommended to hold HGV.
- StrongBuy: 3
- Buy: 2
- Hold: 3
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 56.6 | 8.8% |
P/E Trailing = 26.1676
P/E Forward = 11.4416
P/S = 0.8333
P/B = 3.2259
Revenue TTM = 5.18b USD
EBIT TTM = 1.04b USD
EBITDA TTM = 1.32b USD
Long Term Debt = 7.31b USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 7.48b USD (from shortLongTermDebtTotal, last quarter) + Leases 86.0m
Net Debt = 6.93b USD (calculated: Debt 7.48b - CCE 552.0m)
Enterprise Value = 10.8b USD (3.86b + Debt 7.48b - CCE 552.0m)
Interest Coverage Ratio = 1.34 (Ebit TTM 1.04b / Interest Expense TTM 777.0m)
EV/FCF = 32.90x (Enterprise Value 10.8b / FCF TTM 328.0m)
FCF Yield = 3.04% (FCF TTM 328.0m / Enterprise Value 10.8b)
FCF Margin = 6.33% (FCF TTM 328.0m / Revenue TTM 5.18b)
Net Margin = 3.84% (Net Income TTM 199.0m / Revenue TTM 5.18b)
Gross Margin = 56.85% ((Revenue TTM 5.18b - Cost of Revenue TTM 2.24b) / Revenue TTM)
Gross Margin QoQ = 54.01% (prev 89.12%)
Tobins Q-Ratio = 0.90 (Enterprise Value 10.8b / Total Assets 11.9b)
Interest Expense / Debt = 10.39% (Interest Expense 777.0m / Debt 7.48b)
Taxrate = 8.11% (6.00m / 74.0m)
NOPAT = 955.7m (EBIT 1.04b * (1 - 8.11%))
Current Ratio = 4.33 (Total Current Assets 6.50b / Total Current Liabilities 1.50b)
Debt / Equity = 6.25 (Debt 7.48b / totalStockholderEquity, last quarter 1.20b)
Debt / EBITDA = 5.26 (Net Debt 6.93b / EBITDA 1.32b)
Debt / FCF = 21.12 (Net Debt 6.93b / FCF TTM 328.0m)
Total Stockholder Equity = 1.34b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.68% (Net Income 199.0m / Total Assets 11.9b)
RoE = 14.80% (Net Income TTM 199.0m / Total Stockholder Equity 1.34b)
RoCE = 12.02% (EBIT 1.04b / Capital Employed (Equity 1.34b + L.T.Debt 7.31b))
RoIC = 9.16% (NOPAT 955.7m / Invested Capital 10.4b)
WACC = 10.21% (E(3.86b)/V(11.3b) * Re(11.51%) + D(7.48b)/V(11.3b) * Rd(10.39%) * (1-Tc(0.08)))
Discount Rate = 11.51% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -87.41 | Cagr: -11.44%
[DCF] Terminal Value 72.18% ; FCFF base≈280.0m ; Y1≈321.0m ; Y5≈472.4m
[DCF] Fair Price = N/A (negative equity: EV 5.35b - Net Debt 6.93b = -1.58b; debt exceeds intrinsic value)
EPS Correlation: -26.08 | EPS CAGR: -13.96% | SUE: 1.69 | # QB: 1
Revenue Correlation: 94.07 | Revenue CAGR: 11.52% | SUE: 0.05 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.09 | Chg30d=+19.52% | Revisions=+60% | Analysts=9
EPS next Quarter (2026-09-30): EPS=1.51 | Chg30d=+16.67% | Revisions=+56% | Analysts=9
EPS current Year (2026-12-31): EPS=5.49 | Chg30d=+29.33% | Revisions=+60% | GrowthEPS=+163.9% | GrowthRev=+13.0%
EPS next Year (2027-12-31): EPS=6.02 | Chg30d=+26.08% | Revisions=+50% | GrowthEPS=+9.6% | GrowthRev=+2.8%
[Analyst] Revisions Ratio: +60%