Marriott International operates, franchises, and licenses hotels and timeshare properties worldwide under the Marriott Vacation Club, Grand Residences by Marriott, The Ritz-Carlton Destination Club, and The Ritz-Carlton Residences brands. The company was founded in 1971 and is based in Bethesda, Maryland.
MAR Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Marriott International Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Marriott International Inc ranked in the 34th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 52.67%. In terms of the factors that were most noteworthy in this DCF analysis for MAR, they are:
The company's balance sheet shows it gets 78% of its capital from equity, and 22% of its capital from debt. Its equity weight surpasses that of 61.75% of free cash flow generating stocks in the Consumer Cyclical sector.
Marriott International Inc's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than only 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
PENN, TALN, FLWS, KSS, and WW can be thought of as valuation peers to MAR, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Marriott International continues to expand its portfolio, expecting to open 100 properties in Asia Pacific in 2021, bringing more brands and experiences to new destinations for guests across the region…
Marriott International, Inc. expects to open 100 properties across Asia Pacific in 2021 as it expands its global footprint and commits to a long-term growth strategy across the region. Marriott (MAR) opened 75 properties last year despite the challenges that arose due to the coronavirus pandemic, with Greater China leading the company’s global recovery. The opening of JW Marriott Shanghai Fengxian in spring 2021 will represent Marriott’s 50th hotel in Shanghai and its 400th hotel across China. According to Bain & Co.
HONG KONG, Jan. 18, 2021 /PRNewswire/ -- Marriott International, Inc. (Nasdaq: MAR) continues to expand its portfolio, expecting to open 100 properties in Asia Pacific in 2021, bringing more brands and experiences to new destinations for guests across the region. In 2020, the company…