Professional
Added to YB: 2024-01-26
Pitch date: 2024-01-26
HGV [bullish]
Hilton Grand Vacations Inc.
+2.54%
current return
Author Info
Laughing Water Capital is a boutique investment partnership. Our partners believe that careful analysis of a select group of businesses can lead to above average investment returns for equity investors. Our small size and patient approach give us an advantage that cannot be matched by traditional asset managers or hedge funds that are focused on the day to day gyrations of the stock market, rather than the fundamental value of businesses. Visit their website.
Company Info
Hilton Grand Vacations Inc. develops, markets, sells, manages, and operates the resorts, timeshare plans, and ancillary reservation services under the Hilton Grand Vacations brand in the United States and Europe.
Market Cap
$3.6B
Pitch Price
$42.90
Price Target
107.50 (+144%)
Dividend
N/A
EV/EBITDA
11.99
P/E
74.54
EV/Sales
2.41
Sector
Hotels, Restaurants and Leisure
Category
value
Laughing Water Capital holding - Hilton Grand Vacations ($HGV)
$HGV: Hilton timeshare biz acquires BVH, opening up lower-end market. Likely outcomes: 1) ~150% upside if market recognizes absurd relative valuation vs cruise lines or 2) Becomes an "uber-cannibal", repurchasing ~9% of shares/yr at current prices, compounding long-term.
Read full article (3 min)