(AC) Accor S. A. - Ratings and Ratios
Hotels, Brands, Management, Services, Booking
| Risk via 10d forecast | |
|---|---|
| Volatility | 20.7% |
| Value at Risk 5%th | 33.2% |
| Relative Tail Risk | -2.48% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.38 |
| Alpha | 1.52 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.378 |
| Beta | 0.358 |
| Beta Downside | 0.508 |
| Drawdowns 3y | |
|---|---|
| Max DD | 28.42% |
| Mean DD | 6.24% |
| Median DD | 4.78% |
Description: AC Accor S. A. October 31, 2025
Accor S.A. (ticker AC) is a French-based global hotel operator founded in 1960 and headquartered in Issy-les-Moulineaux. It runs a diversified portfolio across Premium, Midscale, Economy, and Luxury & Lifestyle segments, encompassing brands such as Ibis, Novotel, Mercure, Pullman, Swissôtel, Mövenpick, Raffles, Fairmont, Sofitel, MGallery, Emblems, and Ennismore. The company’s business model spans ownership, leasing, management, and franchising of hotels, complemented by ancillary services including discount-card programs, catering, event management, digital booking platforms, concierge, fine-dining, entertainment venues, luxury-residence rentals, coworking spaces, and a suite of back-office services (procurement, cash management, IT, advertising, and advisory).
Key industry drivers that directly affect Accor’s performance include (1) RevPAR (Revenue per Available Room) growth, which has been rebounding at ~12% YoY in 2024 after pandemic lows, (2) an asset-light strategy that now accounts for roughly 70% of its portfolio, reducing capital intensity and enhancing scalability, and (3) exposure to emerging travel markets in Asia-Pacific and the Middle East, where outbound tourism is projected to outpace global averages by 4-5% annually through 2027. Additionally, macro-economic factors such as consumer discretionary spending, inflation-adjusted labor costs, and the trajectory of corporate travel recovery remain material to earnings volatility.
For a deeper quantitative assessment of Accor’s valuation metrics, the ValueRay platform offers a concise dashboard of forward-looking cash-flow and peer-adjusted multiples.
AC Stock Overview
| Market Cap in USD | 12,622m |
| Sub-Industry | Hotels, Resorts & Cruise Lines |
| IPO / Inception | |
| Return 12m vs S&P 500 | -2.45% |
| Analyst Rating | - |
AC Dividends
| Dividend Yield | 2.69% |
| Yield on Cost 5y | 4.54% |
| Yield CAGR 5y | 12.38% |
| Payout Consistency | 86.4% |
| Payout Ratio | 56.3% |
AC Growth Ratios
| CAGR 3y | 25.94% |
| CAGR/Max DD Calmar Ratio | 0.91 |
| CAGR/Mean DD Pain Ratio | 4.16 |
| Current Volume | 348.1k |
| Average Volume | 648.2k |
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income (1.21b TTM) > 0 and > 6% of Revenue (6% = 660.3m TTM) |
| FCFTA 0.08 (>2.0%) and ΔFCFTA 5.32pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue 2.97% (prev 13.88%; Δ -10.91pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.13 (>3.0%) and CFO 1.56b > Net Income 1.21b (YES >=105%, WARN >=100%) |
| Net Debt (3.15b) to EBITDA (2.22b) ratio: 1.42 <= 3.0 (WARN <= 3.5) |
| Current Ratio 1.12 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (291.2m) change vs 12m ago 9.95% (target <= -2.0% for YES) |
| Gross Margin 33.48% (prev 44.51%; Δ -11.02pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 94.47% (prev 47.53%; Δ 46.93pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 5.32 (EBITDA TTM 2.22b / Interest Expense TTM 307.0m) >= 6 (WARN >= 3) |
Altman Z'' 2.09
| (A) 0.03 = (Total Current Assets 3.08b - Total Current Liabilities 2.75b) / Total Assets 11.83b |
| (B) 0.14 = Retained Earnings (Balance) 1.66b / Total Assets 11.83b |
| (C) 0.14 = EBIT TTM 1.63b / Avg Total Assets 11.65b |
| (D) 0.48 = Book Value of Equity 3.42b / Total Liabilities 7.06b |
| Total Rating: 2.09 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.65
| 1. Piotroski 6.50pt = 1.50 |
| 2. FCF Yield 6.71% = 3.36 |
| 3. FCF Margin 8.56% = 2.14 |
| 4. Debt/Equity 0.98 = 2.04 |
| 5. Debt/Ebitda 1.42 = 1.10 |
| 6. ROIC - WACC (= 9.69)% = 12.11 |
| 7. RoE 27.29% = 2.27 |
| 8. Rev. Trend 66.68% = 5.00 |
| 9. EPS Trend 22.57% = 1.13 |
What is the price of AC shares?
Over the past week, the price has changed by +3.77%, over one month by +15.42%, over three months by +5.60% and over the past year by +11.11%.
Is Accor S. A. a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of AC is around 50.53 EUR . This means that AC is currently overvalued and has a potential downside of 8.04%.
Is AC a buy, sell or hold?
What are the forecasts/targets for the AC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 52.6 | 12.4% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 55.5 | 18.7% |
AC Fundamental Data Overview January 01, 1970
Market Cap EUR = 10.89b (10.89b EUR * 1.0 EUR.EUR)
P/E Trailing = 20.7679
P/E Forward = 13.4048
P/S = 1.9193
P/B = 2.2375
P/EG = 0.9122
Beta = 0.835
Revenue TTM = 11.01b EUR
EBIT TTM = 1.63b EUR
EBITDA TTM = 2.22b EUR
Long Term Debt = 3.13b EUR (from longTermDebt, last quarter)
Short Term Debt = 575.0m EUR (from shortTermDebt, last quarter)
Debt = 4.28b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 3.15b EUR (from netDebt column, last quarter)
Enterprise Value = 14.04b EUR (10.89b + Debt 4.28b - CCE 1.14b)
Interest Coverage Ratio = 5.32 (Ebit TTM 1.63b / Interest Expense TTM 307.0m)
FCF Yield = 6.71% (FCF TTM 942.0m / Enterprise Value 14.04b)
FCF Margin = 8.56% (FCF TTM 942.0m / Revenue TTM 11.01b)
Net Margin = 11.03% (Net Income TTM 1.21b / Revenue TTM 11.01b)
Gross Margin = 33.48% ((Revenue TTM 11.01b - Cost of Revenue TTM 7.32b) / Revenue TTM)
Gross Margin QoQ = 21.31% (prev 46.91%)
Tobins Q-Ratio = 1.19 (Enterprise Value 14.04b / Total Assets 11.83b)
Interest Expense / Debt = 1.66% (Interest Expense 71.0m / Debt 4.28b)
Taxrate = 21.10% (69.0m / 327.0m)
NOPAT = 1.29b (EBIT 1.63b * (1 - 21.10%))
Current Ratio = 1.12 (Total Current Assets 3.08b / Total Current Liabilities 2.75b)
Debt / Equity = 0.98 (Debt 4.28b / totalStockholderEquity, last quarter 4.35b)
Debt / EBITDA = 1.42 (Net Debt 3.15b / EBITDA 2.22b)
Debt / FCF = 3.34 (Net Debt 3.15b / FCF TTM 942.0m)
Total Stockholder Equity = 4.45b (last 4 quarters mean from totalStockholderEquity)
RoA = 10.26% (Net Income 1.21b / Total Assets 11.83b)
RoE = 27.29% (Net Income TTM 1.21b / Total Stockholder Equity 4.45b)
RoCE = 21.55% (EBIT 1.63b / Capital Employed (Equity 4.45b + L.T.Debt 3.13b))
RoIC = 16.59% (NOPAT 1.29b / Invested Capital 7.77b)
WACC = 6.89% (E(10.89b)/V(15.17b) * Re(9.09%) + D(4.28b)/V(15.17b) * Rd(1.66%) * (1-Tc(0.21)))
Discount Rate = 9.09% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 7.44%
[DCF Debug] Terminal Value 65.87% ; FCFE base≈686.4m ; Y1≈450.7m ; Y5≈206.1m
Fair Price DCF = 14.63 (DCF Value 3.43b / Shares Outstanding 234.1m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: 22.57 | EPS CAGR: -63.14% | SUE: 0.0 | # QB: 0
Revenue Correlation: 66.68 | Revenue CAGR: 104.2% | SUE: 0.06 | # QB: 0