2 models fit Hyatt Hotels Corporation Class A Common Stock and they agree: 2 of 2 land within 15% of the average. The price is above every model.
Two or more of our models back this value.
Large premium(i)Bronze50
Valued as a cyclical company: P/E comparison, EV/EBITDA comparison, and Discounted cash flow.
ACCE opinionHyatt Hotels Corporation Class A Common Stock (H)
Fair value (2 models)
$76.10
ACCE price target
$159
Rating
Overvalued
Horizon
12 months
Fair value published on 20 Oct 2026, 16:04 CEST; previously $64.66 since 16 Oct 2026, 00:00 CEST.
ACCE price target published on 26 Sept 2026, 00:00 CEST.
Rating published on 20 Oct 2026, 16:04 CEST.
Price used: $173 at the close on 23 Oct 2026, 22:00 CEST.
Models: Discounted cash flow and P/E comparison.
Fair value: the average of the applicable valuation models (discounted cash flow, multiples, residual income, dividend discount, shareholder yield), each run on the latest financial statements and the market price shown. Opinion columns (fair value, target, rating) are shown apart from the data. Full methodology: acceinvestments.com/data/how-we-value-stocks
Conflicts of interest: The author holds no personal position in this security. General statement
Produced by ACCE Investments (acceinvestments.com)
Data
Price vs fair value
126.8% above
-55.9% to fair value
ACCE score
49
out of 100
Analysts
64% buy
25 covering
P/E
213.1x
forward 27.9x
1-year return
+16.4%
Dividend yield
0.34%
Hyatt Hotels Corporation Class A Common Stock in four questions
Plain answers, details below
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Overview
ACCE thesis
Hyatt runs a portfolio of full-service, select-service and luxury hotels across more than 60 countries, with its earnings driven mainly by franchise and management fees (Hyatt, Park Hyatt, Andaz and the Playa all-inclusive resorts it acquired) rather than by owning rooms outright. The asset-light model supports a 43.4% gross margin and a 16.8% operating margin, and the high-end and resort segments carry the brand's pricing power. Revenue fell 6.6% over the latest period, so the near-term case rests on whether fee-based demand and pipeline growth can reaccelerate as the top line stabilizes. At a trailing P/E of 201 against a forward P/E of 33.4, the market is pricing a sharp rebound in earnings, and with ROE at just 2.2% the balance sheet is not yet returning much on equity. The name scores 47/100 and carries no index membership, so it merits a deeper look only if you can underwrite that earnings recovery.
⚠ Investor warnings · 4 flagsAI-assisted·How I use AI
high
Extreme valuation disconnect
P/E of 199.9 vs forward P/E of 33.2 signals current earnings are depressed or one-time. EV/EBITDA 23.0 is elevated for lodging.
high
Revenue decline with leverage
Revenue down 6.6% YoY while Debt/Equity sits at 1.24. Earnings pop (+110.5%) appears cyclical recovery, not sustainable growth. Debt burden limits downside protection.
moderate
Insider selling pressure
Last 10 disclosures show $25.1M in insider sales vs $0 in buys. Insiders reducing exposure despite stock near fair value suggests caution on near-term momentum.
moderate
Score deterioration and weak profitability
ACCE score fell 3 points to 45/100 in 90 days. ROE of 2.2% and net margin 2.3% are thin for a $15.3B company, indicating limited pricing power or cost pressures.
AI research notes
AI-assisted·How I use AIWritten Oct 11, 2026 · figures from 2026-06-30 · prices to Oct 23, 2026
Why it could do well
Hyatt has repurchased 6.8% of shares outstanding over the past year, amplifying per-share value for remaining holders.
The latest earnings beat consensus estimates by 24.4%, suggesting management execution is outpacing market expectations.
Hyatt generated $170M in free cash flow over the last twelve months despite a cyclical revenue decline.
Why it could disappoint
The stock trades at 199.9x trailing earnings and 33.2x forward earnings, nearly double the sector median of 17.5x.
Net margin of 2.3% and ROE of 2.2% show minimal operating returns, while debt to equity of 1.24 limits financial flexibility.
Each chip shows the exact figure and where it comes from. A claim without a source is not published.
Next results
Oct 29, 2026
We update the fair value about 2 days after the results, once the new figures are filed.Add to calendarGoogle
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Valuation
INVESTOR
Where H's valuation models land
Price
$172.58
Model fair value
$76.10
Model range
$64.39 to $86.14
Fair value $76.10
Price $173
The price is above the whole model range.
Model
Fair value
Upside
Discounted cash flow
EV/EBITDA comparison
P/E comparison
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Quality
INVESTOR
Quality and conviction INVESTOR FEATURE
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