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Added to YB: 2025-01-08

Pitch date: 2024-11-22

PLYA [bullish]

Playa Hotels & Resorts N.V.

+37.55%

current return

Author Info

No bio for this author

Company Info

Playa Hotels & Resorts N.V., through its subsidiaries, owns, develops, and operates resorts in prime beachfront locations in Mexico and the Caribbean.

Market Cap

$1.7B

Pitch Price

$9.80

Price Target

18.00 (+34%)

Dividend

N/A

EV/EBITDA

11.41

P/E

27.64

EV/Sales

2.75

Sector

Hotels, Restaurants and Leisure

Category

value

Show full summary:
Playa Hotels & Resorts N.V. - $PLYA

PLYA: All-inclusive resort portfolio trading at $340k/key (8.2x E2024 EBITDA), 53-91% discount to estimated $450k-$525k/key private market value. Recent exec change-in-control provisions suggest potential sale. 29% share buyback since 9/22. Comps, replacement cost, bottom-up analysis support upside. CEO history of selling companies.

Read full article (7 min)