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DAL Dalata Hotel Group Plc

377.00
0.00 (0.00%)
14 Jan 2025 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dalata Hotel Group Plc LSE:DAL London Ordinary Share IE00BJMZDW83 ORD EUR0.01 (CDI)
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 377.00 0.00 16:28:00
Bid Price Offer Price High Price Low Price Open Price
354.00 400.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Hotels And Motels EUR 607.7M EUR 90.22M EUR 0.4021 9.38 845.86M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 377.00 GBX

Dalata Hotel (DAL) Latest News (4)

Dalata Hotel (DAL) Discussions and Chat

Dalata Hotel Forums and Chat

Date Time Title Posts
15/10/202406:27Dalata - Irish Hotel Group27
13/11/202017:05Delta Airlines17

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Dalata Hotel (DAL) Most Recent Trades

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Dalata Hotel (DAL) Top Chat Posts

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Posted at 14/1/2025 08:20 by Dalata Hotel Daily Update
Dalata Hotel Group Plc is listed in the Hotels And Motels sector of the London Stock Exchange with ticker DAL. The last closing price for Dalata Hotel was 377p.
Dalata Hotel currently has 224,365,715 shares in issue. The market capitalisation of Dalata Hotel is £845,858,746.
Dalata Hotel has a price to earnings ratio (PE ratio) of 9.38.
This morning DAL shares opened at -
Posted at 15/10/2024 06:27 by djderry
Trading update and Vision 2030,aiming to go from 12,000 rooms to 21,000 rooms (actual and under construction) Share buy- back of €25 million.
Posted at 08/3/2021 19:44 by djderry
Surely the share price is not moving on the expectation that they're going to sign a contract with the government for mandatory quarantining?
Posted at 03/6/2020 18:24 by saltaire111
So Buffet sold out of airlines and the share prices have now really started to take off (scuse the pun!). Nice that for once it looks like I was right and he was wrong! Might regret writing that mind you...

Salty.
Posted at 15/4/2020 12:13 by saltaire111
Bought some Delta Stock @ $23 last week. I’d seen the coverage of Buffet adding to his holding the week before at $42 and thought it would be nice to beat him on purchase price! This is a long term investment and, if they manage to remain out of government hands, it should pay off handsomely at some point in the future.

Salty
Posted at 04/9/2018 10:34 by danielbird193
Fairly pleased with the interim results today. Highlights are as follows:

- Revenue up 10.6%
- Adjusted EBITDA up 12.0%
- Profit before tax up 8.3%
- Maiden dividend declared (3c per share)
- Pipeline of 2,800 additional rooms to be added between now and 2021 (Dublin, Cork, Newcastle, London, Birmingham, Manchester, Bristol)

Management show every sign of executing their ambitious expansion plans successfully and building a distinctive portfolio of in-house brands.

On a 3-5 year view I see this share as a nice growth prospect with the added bonus of a healthy, cash-generative model to support sustainable increases in the dividend over time. BUY.
Posted at 29/12/2016 06:26 by wexboy
2016 – The Great Irish Share Valuation Project (Part IV):

Company: Dalata Hotel Group (DHG:ID)

Last TGISVP Post: Here

Market Cap: EUR 821 M

Price: EUR 4.485

Back in 2014, Dalata was still essentially an uninvested Hotel SPAC – valuing it accordingly, i.e. based primarily on its net cash, I tagged it (probably unfairly) as overvalued. Fortunately, management has since lived up to its pedigree & delivered a burgeoning hotel empire – spending, within a year, over €550 million on 16 hotels in (primarily) Ireland & the UK, the transformational deal being the acquisition of the Moran Bewley’s Hotel Group. The company then replenished its war chest in Sep-2015, raising another €160 million from a placing & open offer. Since then, the portfolio’s been expanding steadily (to over 6,600 rooms) with a focus on rebranding & refurbishment as Clayton and Maldron Hotels, RevPAR has increased significantly (to €74.90), while occupancy’s reached 79.0%, with new & existing hotel development opportunities also now being actively exploited. Dublin remains the main profit engine, enjoying 46% EBITDAR margins, followed by the UK (on 36% margins), with the Regional Ireland portfolio the laggard on sub-22% margins. As per today’s trading update, trading remains brisk, with no sign of a Brexit impact – fortunately, a majority of the UK portfolio is hedged with sterling liabilities, so sterling weakness isn’t that significant in terms of return on capital/equity.

Which is very relevant, as I’d prefer a return on equity (RoE) valuation approach here (vs. most analysts & their focus on earnings/EBITDA multiples), reflecting DHG’s deliberate asset-heavy investment policy…which is now far less usual in the sector. H1-2016 net profit (exc. acquisition costs) was approx. €17.5 million, which equates to an annualised 6.3% RoE. However, I suspect H2 net profit will move significantly higher, so FY average RoE might come in closer to 7.5%. But that obviously includes a large depreciation expense, a significant portion of which wouldn’t necessarily be considered economic – so, somewhat arbitrarily (& I think conservatively), if we add-back 50% of the €14 million annual depreciation charge, we’re looking at something more like an underlying 8.8% RoE. [I should highlight that leverage (sub-30% Net LTV) poses no undue risk]. Of course, increasing property values (H1 comprehensive income actually included a €42 million revaluation bump!) could also significantly inflate underlying RoE – accounting for such revaluation potential, current operating performance trajectory, additional debt capacity, plus likely development gains to come, a 1.33 Price/Book multiple should adequately reflect a likely double digit underlying RoE:

EUR 578 M Equity * 1.33 P/B / 183 M Shares = EUR 4.20

Dalata looks pretty much fairly valued here. Its attractiveness as a potential buy will be dependent on whether you’re encouraged by the underlying supply-demand equation (apparently, a substantial under-supply of rooms in Dublin & select UK cities), or are more fearful of the ongoing Brexit implications (I suspect sterling volatility’s more of a risk to tourism flows/patterns than Brexit itself). Longer-term, the impact of Airbnb (& similar services) needs to be evaluated, especially as Clayton & Maldron are more value-biased/budget-conscious brands. Meanwhile, Dalata’s low leverage gives it the flexibility to take a more defensive or offensive stance, as appropriate.

Price Target: EUR 4.20

Upside/(Downside): (6)%

For related links/graphs/files & other TGISVP analyses/price targets: Google the Wexboy investment blog.
Posted at 15/2/2016 14:53 by pylewell
A lot of recent acquisitions. These clearly require considerable expenditure of capital and this is presumably keeping the share price depressed but clearly this means increased profits to come. Do others share this opinion?
Posted at 20/6/2014 15:27 by wexboy
Company: Dalata Hotel Group

Prior Post(s): None – New IPO (Mar-2014)

Ticker: DHG:ID

Price: EUR 2.85

Dalata's really just another cash blind pool – this time one focused on Irish hotel acquisition – bolted on to an existing & much smaller hotel management business. [Run by Pat McCann (a former CEO of Jurys Doyle Hotel Group), and currently operating 40 hotels (with over 6,100 rooms) - over a quarter are located in Dublin, and a third have been re-branded with Dalata's own Maldron Hotels brand]. This is a somewhat perplexing reversal of the normal trend towards separating out hotel ownership (into REIT structures) from asset-light hotel management. You have to wonder if a REIT was originally considered (implying the hotel management entity would have remained private) – perhaps the prospect of long-term related-party deals for the management of acquired hotels was a bit much for investors to swallow? Obviously, an eventual spin-out of the management business could be attractive...

Unfortunately, much of Dalata's current management business comes from banks & receivers. If we assume a continuing revival in the Irish economy & tourism, as Dalata predicts, these contracts may end as ownership migrates back into private hands. On the other hand, new (passive) hotel investors may actually be keen to outsource management. Dalata now intends to buy 16-25 hotels – we can assume the majority of these already have & will maintain contracts with its management business. [Dalata also plans to develop new hotels for the under-supplied Dublin market]. Bearing in mind these risks, plus the lack of a premium valuation as long as the management business remains buried inside what's essentially a hotel ownership structure, I'd haircut my valuation accordingly. The business reported 2013 revenue of EUR 60.6 million & an operating profit margin of 8.1%. I'd normally assign a 0.75 P/S multiple, but we'll apply a 50% haircut in this instance. We also have EUR 255 M raised from the IPO (net of expenses, at EUR 2.50 per share), plus EUR 4.1 M of net debt:

(EUR 60.6 M Revenue * 0.75 P/S * 50% Haircut + 255 M IPO Cash – 4.1 M Net Debt) / 122 M Shares = EUR 2.24

Like the new Irish REITs, Dalata's quite over-valued at this point – in fact, only Green REIT (GRN:ID) is more expensive. While I'd clearly be sensitive to price, DHG has an enormous advantage – it's a twofer, maybe even a threefer, i.e. it's a property play, but it's also an Irish tourism/domestic spending play. The domestic angle's debatable, as many Irish consumers have opted for bargain staycations in recent years, so we may see them heading abroad again for holidays in increasing numbers as the economy revives. Which might suggest Aer Lingus (see above) is the superior tourism/domestic spending play...but throw property into the mix & Dalata bears watching.

Price Target: EUR 2.24

Upside/(Downside): (21)%
Posted at 04/6/2014 11:35 by sammy_smith
Listen: Interview with Dalata Hotel Group (DAL) - Acquisition

Click the link below to listen
Posted at 16/10/2009 22:33 by grahamite2
Gosh, I am sorry to hear that.

No, I just noticed today that DAL was even, AMR down 2% and CAL down 4%, so had a punt on CAL - I always use them for US trips.

By the way, I have a few US threads myself and nobody visits them either - very hard to insert a chart that works. I have a special username for US ADVFN but sadly it's pretty poor.
Dalata Hotel share price data is direct from the London Stock Exchange

Dalata Hotel Frequently Asked Questions (FAQ)

What is the current Dalata Hotel share price?
The current share price of Dalata Hotel is 377.00p
How many Dalata Hotel shares are in issue?
Dalata Hotel has 224,365,715 shares in issue
What is the market cap of Dalata Hotel?
The market capitalisation of Dalata Hotel is GBP 845.86M
What is the 1 year trading range for Dalata Hotel share price?
Dalata Hotel has traded in the range of 312.00p to 430.00p during the past year
What is the PE ratio of Dalata Hotel?
The price to earnings ratio of Dalata Hotel is 9.38
What is the cash to sales ratio of Dalata Hotel?
The cash to sales ratio of Dalata Hotel is 1.39
What is the reporting currency for Dalata Hotel?
Dalata Hotel reports financial results in EUR
What is the latest annual turnover for Dalata Hotel?
The latest annual turnover of Dalata Hotel is EUR 607.7M
What is the latest annual profit for Dalata Hotel?
The latest annual profit of Dalata Hotel is EUR 90.22M
What is the registered address of Dalata Hotel?
The registered address for Dalata Hotel is 4TH FLOOR, BURTON COURT, BURTON HALL DRIVE, SANDYFORD, DUBLIN, 18
What is the Dalata Hotel website address?
The website address for Dalata Hotel is www.dalatahotelgroup.com
Which industry sector does Dalata Hotel operate in?
Dalata Hotel operates in the HOTELS AND MOTELS sector

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