Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Regal Hotels International Holdings

DB:RH6B
Snowflake Description

Undervalued second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RH6B
DB
HK$3B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Regal Hotels International Holdings Limited, an investment holding company, owns, operates, and manages hotels in Hong Kong and Mainland China. The last earnings update was 10 days ago. More info.


Add to Portfolio Compare Print
  • Regal Hotels International Holdings has significant price volatility in the past 3 months.
RH6B Share Price and Events
7 Day Returns
-3.4%
DB:RH6B
-6.8%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-35.3%
DB:RH6B
-48.1%
DE Hospitality
-20.9%
DE Market
RH6B Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Regal Hotels International Holdings (RH6B) -3.4% -13.9% -28.5% -35.3% -37.8% -38.4%
DE Hospitality -6.8% -31.3% -57.6% -48.1% -63.2% -70.6%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • RH6B outperformed the Hospitality industry which returned -48.1% over the past year.
  • RH6B underperformed the Market in Germany which returned -20.9% over the past year.
Price Volatility
RH6B
Industry
5yr Volatility vs Market

Value

 Is Regal Hotels International Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Regal Hotels International Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Regal Hotels International Holdings.

DB:RH6B Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11.8%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for DB:RH6B
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.78
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.782 (1 + (1- 25%) (577.32%))
3.123
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
2
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (2 * 6.07%)
11.75%

Discounted Cash Flow Calculation for DB:RH6B using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Regal Hotels International Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:RH6B DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 11.75%)
2020 1,378.46 Est @ 2.71% 1,233.52
2021 1,402.99 Est @ 1.78% 1,123.47
2022 1,418.83 Est @ 1.13% 1,016.69
2023 1,428.38 Est @ 0.67% 915.91
2024 1,433.44 Est @ 0.35% 822.51
2025 1,435.31 Est @ 0.13% 736.99
2026 1,434.95 Est @ -0.03% 659.33
2027 1,433.02 Est @ -0.13% 589.21
2028 1,429.99 Est @ -0.21% 526.14
2029 1,426.20 Est @ -0.26% 469.58
Present value of next 10 years cash flows HK$8,093.00
DB:RH6B DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$1,426.20 × (1 + -0.39%) ÷ (11.75% – -0.39%)
HK$11,702.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$11,702.12 ÷ (1 + 11.75%)10
HK$3,852.91
DB:RH6B Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$8,093.00 + HK$3,852.91
HK$11,945.91
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$11,945.91 / 898.80
HK$13.29
DB:RH6B Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:RH6B represents 0.11344x of SEHK:78
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.11344x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 13.29 x 0.11344
€1.51
Value per share (EUR) From above. €1.51
Current discount Discount to share price of €0.35
= -1 x (€0.35 - €1.51) / €1.51
77.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Regal Hotels International Holdings is available for.
Intrinsic value
>50%
Share price is €0.35 vs Future cash flow value of €1.51
Current Discount Checks
For Regal Hotels International Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Regal Hotels International Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Regal Hotels International Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Regal Hotels International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Regal Hotels International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:RH6B PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in HKD HK$0.38
SEHK:78 Share Price ** SEHK (2020-04-03) in HKD HK$3.05
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Regal Hotels International Holdings.

DB:RH6B PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:78 Share Price ÷ EPS (both in HKD)

= 3.05 ÷ 0.38

8.06x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Regal Hotels International Holdings is good value based on earnings compared to the DE Hospitality industry average.
  • Regal Hotels International Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Regal Hotels International Holdings's expected growth come at a high price?
Raw Data
DB:RH6B PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 8.06x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Regal Hotels International Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Regal Hotels International Holdings's assets?
Raw Data
DB:RH6B PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in HKD HK$16.39
SEHK:78 Share Price * SEHK (2020-04-03) in HKD HK$3.05
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:RH6B PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:78 Share Price ÷ Book Value per Share (both in HKD)

= 3.05 ÷ 16.39

0.19x

* Primary Listing of Regal Hotels International Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Regal Hotels International Holdings is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Regal Hotels International Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Regal Hotels International Holdings has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Regal Hotels International Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Regal Hotels International Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
28.9%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Regal Hotels International Holdings expected to grow at an attractive rate?
  • Unable to compare Regal Hotels International Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Regal Hotels International Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Regal Hotels International Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:RH6B Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:RH6B Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:RH6B Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:RH6B Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-12-31 2,314 340
2019-09-30 2,445 429
2019-06-30 2,577 1,342 518
2019-03-31 2,642 780 476
2018-12-31 2,708 218 433
2018-09-30 2,743 -29 651
2018-06-30 2,778 -275 868
2018-03-31 2,741 -297 885
2017-12-31 2,704 -319 902
2017-09-30 2,696 633
2017-06-30 2,689 943 364
2017-03-31 2,764 1,572 289

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Regal Hotels International Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Regal Hotels International Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:RH6B Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Regal Hotels International Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RH6B Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:RH6B Past Financials Data
Date (Data in HKD Millions) EPS *
2019-12-31 0.38
2019-09-30 0.48
2019-06-30 0.58
2019-03-31 0.53
2018-12-31 0.48
2018-09-30 0.72
2018-06-30 0.97
2018-03-31 0.98
2017-12-31 0.99
2017-09-30 0.69
2017-06-30 0.40
2017-03-31 0.31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Regal Hotels International Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Regal Hotels International Holdings is trading at Regal Hotels International Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Regal Hotels International Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. Regal Hotels International Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Regal Hotels International Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Regal Hotels International Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Regal Hotels International Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Regal Hotels International Holdings's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Regal Hotels International Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Regal Hotels International Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Regal Hotels International Holdings's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Regal Hotels International Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Regal Hotels International Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RH6B Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,314.20 340.10 260.30
2019-09-30 2,445.35 429.15 268.75
2019-06-30 2,576.50 518.20 277.20
2019-03-31 2,642.35 475.55 278.15
2018-12-31 2,708.20 432.90 279.10
2018-09-30 2,743.10 650.50 274.95
2018-06-30 2,778.00 868.10 270.80
2018-03-31 2,740.85 884.85 266.55
2017-12-31 2,703.70 901.60 262.30
2017-09-30 2,696.45 632.85 275.45
2017-06-30 2,689.20 364.10 288.60
2017-03-31 2,763.50 288.90 286.55
2016-12-31 2,837.80 213.70 284.50
2016-09-30 2,732.45 164.40 275.45
2016-06-30 2,627.10 115.10 266.40
2016-03-31 2,545.45 117.05 260.20
2015-12-31 2,463.80 119.00 254.00
2015-09-30 2,539.35 243.00 241.20
2015-06-30 2,614.90 367.00 228.40
2015-03-31 2,494.65 388.65 233.00
2014-12-31 2,374.40 410.30 237.60
2014-09-30 2,992.80 386.90 228.05
2014-06-30 3,611.20 363.50 218.50
2014-03-31 3,585.05 310.20 207.50
2013-12-31 3,558.90 256.90 196.50
2013-09-30 2,798.55 236.55 191.30
2013-06-30 2,038.20 216.20 186.10

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Regal Hotels International Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Regal Hotels International Holdings used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Regal Hotels International Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Regal Hotels International Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Regal Hotels International Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Regal Hotels International Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Regal Hotels International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Regal Hotels International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Regal Hotels International Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Regal Hotels International Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Regal Hotels International Holdings Company Filings, last reported 3 months ago.

DB:RH6B Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 15,455.80 15,773.20 3,257.30
2019-09-30 15,455.80 15,773.20 3,257.30
2019-06-30 15,753.40 14,898.30 4,184.40
2019-03-31 15,753.40 14,898.30 4,184.40
2018-12-31 15,435.60 14,826.50 4,492.20
2018-09-30 15,435.60 14,826.50 4,492.20
2018-06-30 15,376.80 14,960.10 5,083.60
2018-03-31 15,376.80 14,960.10 5,083.60
2017-12-31 15,322.30 14,383.10 4,870.30
2017-09-30 15,322.30 14,383.10 4,870.30
2017-06-30 14,736.50 14,331.70 4,421.60
2017-03-31 14,736.50 14,331.70 4,421.60
2016-12-31 12,882.20 13,261.70 4,619.10
2016-09-30 12,882.20 13,261.70 4,619.10
2016-06-30 12,987.90 10,742.30 2,142.90
2016-03-31 12,987.90 10,742.30 2,142.90
2015-12-31 13,021.60 10,708.80 1,976.10
2015-09-30 13,021.60 10,708.80 1,976.10
2015-06-30 13,156.20 10,722.40 1,884.90
2015-03-31 13,156.20 10,722.40 1,884.90
2014-12-31 13,197.00 11,109.40 2,170.50
2014-09-30 13,197.00 11,109.40 2,170.50
2014-06-30 13,044.10 10,234.30 2,009.60
2014-03-31 13,044.10 10,234.30 2,009.60
2013-12-31 13,111.80 9,733.00 1,884.00
2013-09-30 13,111.80 9,733.00 1,884.00
2013-06-30 13,108.40 9,417.50 4,498.30
  • Regal Hotels International Holdings's level of debt (102.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (84.2% vs 102.1% today).
  • Debt is not well covered by operating cash flow (8.5%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Regal Hotels International Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Regal Hotels International Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Regal Hotels International Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.44%
Current annual income from Regal Hotels International Holdings dividends.
If you bought €2,000 of Regal Hotels International Holdings shares you are expected to receive €69 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Regal Hotels International Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.7%).
  • Regal Hotels International Holdings's dividend is below the markets top 25% of dividend payers in Germany (4.86%).
Upcoming dividend payment

Purchase Regal Hotels International Holdings before the 'Ex-dividend' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:RH6B Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:RH6B Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
DB:RH6B Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2020-03-26 0.105 3.361
2019-08-26 0.185 4.576
2019-03-26 0.190 3.947
2018-08-27 0.165 3.567
2018-03-26 0.160 3.265
2017-04-27 0.130 2.243
2017-03-27 0.130 2.739
2016-04-28 0.130 3.225
2015-04-29 0.160 3.851
2014-03-31 0.144 3.052
2013-03-25 0.133 3.321
2012-03-20 0.120 3.706
2011-08-24 0.115 4.530
2011-03-23 0.110 3.378
2010-08-24 0.093 2.964
2010-03-22 0.088 2.956
2009-09-29 0.070 2.372
2009-04-27 0.080 3.744

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Regal Hotels International Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.6x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Regal Hotels International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Regal Hotels International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Regal Hotels International Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Regal Hotels International Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Yuk Sui Lo
COMPENSATION HK$10,740,000
AGE 75
TENURE AS CEO 13.3 years
CEO Bio

Mr. Yuk Sui Lo has been the Chairman and Chief Executive Officer of Cosmopolitan International Holdings Ltd. since December 18, 2013. Mr. Lo has been Managing Director of Century City International Holdings Ltd., since 1989 and its subsidiary, Paliburg Holdings Limited since 1993. He has been Chief Executive Officer of Paliburg Holdings Ltd. since January 11, 2007 and its Chairman since 1993. He serves as Chief Executive officer of Century City International Holdings Limited and has been its Chairman since 1989. He has been the Chairman, Chief Executive Officer and Managing Director of Regal Hotels International Holdings Ltd. since 1989. He oversees the overall policy and decision making of the Group. He has been the Managing Director and the Chairman of the predecessor listed companies of Paliburg Holdings Ltd. since 1984 and 1986, respectively. Mr. Lo serves as the Chairman and Chief Executive Officer at Paliburg Development BVI Holdings Limited. He has been an Executive Director of Cosmopolitan International Holdings Ltd. since December 18, 2013 and Regal Hotels International Holdings Limited since 1989. He served as the Managing Director of Regal Hotels International Holdings Ltd. since 1989. Mr. Lo has over 37 years of experience in the real estate and hospitality sectors. He has been the Chairman of Regal Portfolio Management Limited, a Manager of Regal REIT since November 22, 2006. He serves as an Executive Director of Century City International Holdings Limited and Paliburg Holdings Ltd. He served as a Director of aliburg Holdings Ltd. He is a Qualified Architect. He holds a Bachelor of Architechture from University of Hong Kong.

CEO Compensation
  • Yuk Sui's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Yuk Sui's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Regal Hotels International Holdings management team in years:

13.3
Average Tenure
61.5
Average Age
  • The average tenure for the Regal Hotels International Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Yuk Sui Lo

TITLE
Chairman & CEO
COMPENSATION
HK$11M
AGE
75
TENURE
13.3 yrs

Po Man Lo

TITLE
Vice Chairman & MD
COMPENSATION
HK$5M
AGE
39
TENURE
6.3 yrs

Belinda Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$4M
AGE
61
TENURE
13.3 yrs

Donald Fan

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
62

Kenneth Ng

TITLE
Executive Director
COMPENSATION
HK$3M
AGE
65

Jimmy Lo

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
45

Allen Wan

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
60

Tommy Lam

TITLE
Chief Financial Officer
AGE
64
TENURE
21.3 yrs

Carman Choi

TITLE
Group Director of Communications

Maria Tsai

TITLE
Vice President of Marketing
TENURE
10.6 yrs
Board of Directors Tenure

Average tenure and age of the Regal Hotels International Holdings board of directors in years:

17.3
Average Tenure
63
Average Age
  • The average tenure for the Regal Hotels International Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Yuk Sui Lo

TITLE
Chairman & CEO
COMPENSATION
HK$11M
AGE
75
TENURE
31.3 yrs

Po Man Lo

TITLE
Vice Chairman & MD
COMPENSATION
HK$5M
AGE
39
TENURE
7.3 yrs

Francis Choi

TITLE
Vice Chairman of the Board
COMPENSATION
HK$250K
AGE
73
TENURE
16.3 yrs

Belinda Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$4M
AGE
61
TENURE
18.3 yrs

Donald Fan

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
62
TENURE
18.3 yrs

Kenneth Ng

TITLE
Executive Director
COMPENSATION
HK$3M
AGE
65
TENURE
22.3 yrs

Jimmy Lo

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
45
TENURE
21.3 yrs

Allen Wan

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
60
TENURE
10.1 yrs

Kai Ole Ringenson

TITLE
Independent Non-Executive Director of Regal Portfolio Management Limited
COMPENSATION
HK$90K
AGE
70
TENURE
13.4 yrs

Chi Keung Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$400K
AGE
64
TENURE
16.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Regal Hotels International Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Regal Hotels International Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Regal Hotels International Holdings Limited, an investment holding company, owns, operates, and manages hotels in Hong Kong and Mainland China. It operates through six segments: Hotel Operation and Management and Hotel Ownership, Asset Management, Property Development and Investment, Financial Assets Investments, Aircraft Ownership and Leasing, and Others. The company is also involved in the provision of hotel management services; and ownership of hotel properties for rental income. In addition, it invests in, develops, sells, and rents properties, as well as offers property agency and management services. Further, the company is involved in the provision of travel agency services; development and distribution of multimedia entertainment and digital educational content, and multi-platform social games; operation and management of restaurants; operation of security storage lounge; provision of housekeeping services; and sale of food products, as well as securities trading and investment, and aircraft ownership and leasing activities. Additionally, it offers nominee, financing, and contracting agency, and asset management services. The company was incorporated in 1989 and is headquartered in Causeway Bay, Hong Kong. Regal Hotels International Holdings Limited is a subsidiary of Century City International Holdings Limited.

Details
Name: Regal Hotels International Holdings Limited
RH6B
Exchange: DB
Founded: 1989
HK$327,742,471
898,800,000
Website: http://www.regal.com.hk
Address: Regal Hotels International Holdings Limited
68 Yee Wo Street,
11th Floor,
Causeway Bay,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 78 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
DB RH6B Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
SHSC 78 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 02. Jan 1992
SZSC 78 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 02. Jan 1992
Number of employees
Current staff
Staff numbers
2,140
Regal Hotels International Holdings employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 20:43
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2019/03/26
Last earnings filing: 2020/03/26
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.