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⚠️ Not investment advice. Past performance does not guarantee future results.
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Meliá Hotels International MEL.MC

Spain Consumer Cyclical
6.1/10
AI Analyst score
10.00 EUR
Last price at analysis date · analyst target 11.36 (+13.6%)
🛒 Where to buy MEL.MCPartner brokers · Spain (BME) · sample 200.00 € orderSpain (BME)
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🟡 HOLD — Hold; the valuation is attractive but high leverage and governance risk limit upside potential in the short term.

Meliá Hotels International is a leading Spanish hotel chain specializing in vacation resorts, with a management and franchise model that combines its own brands and strategic alliances. Meliá trades at a P/E of 13.70 and EV/EBITDA of 8.87, reflecting a fair valuation, but its financial health is penalized by net debt of 4.06x EBITDA in a rising-rate environment from the ECB.

Financial health
3.7
Quality / Moat
6.0
Valuation
7.0
Growth
6.5
Dividend
5.6
Momentum
7.8
Risk & Context
6.3

Detailed metrics

Market and fundamental data as of the analysis date.

💵 Valuation
P/E13.70
Fwd P/E12.12
EV/EBITDA8.87
P/B2.58
P/S1.03
PEG14.53
Market cap2.20 B EUR
Enterprise value4.70 B EUR
🏰 Quality and moat
ROIC (approx.)11.5%
Gross margin53.34%
FCF conversion36%
Operating margin17.18%
📈 Profitability and margins
ROE17.14%
ROA4.08%
Net margin4.06%
FCF189.5 M EUR
FCF yield8.60%
🏦 Solvency and liquidity
Total debt2.34 B EUR
Net debt2.15 B EUR
Cash188.7 M EUR
EBITDA530.4 M EUR
Net debt / EBITDA4.06
D/E195.07
Current ratio0.65
Quick ratio0.58
🚀 Growth
Revenue growth8.70%
Earnings growthN/D
EPS (TTM)0.73 EUR
EPS (Fwd)0.83 EUR
💰 Dividend and risk
Dividend yield1.70%
Payout23.7%
Beta0.69
Analyst consensusnone (11)
Target price11.36 EUR
52-week range6.74 EUR – 12.53 EUR
⚠️ Main risk: The main risk is high leverage (ND/EBITDA 4.06) in a rising-rate environment from the ECB, which increases the cost of debt and can pressure margins and cash generation.
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Full AI report

Generated automatically from the metrics, the macro context and the company's news.

Meliá Hotels International is a leading Spanish hotel chain specializing in vacation resorts, with a management and franchise model that combines its own brands and strategic alliances. Meliá trades at a P/E of 13.70 and EV/EBITDA of 8.87, reflecting a fair valuation, but its financial health is penalized by net debt of 4.06x EBITDA in a rising-rate environment from the ECB.

Score by category

CategoryScore
Financial health3.7
Quality / Moat6.0
Valuation7.0
Growth6.5
Dividend5.6
Momentum7.8
Risk & Context6.3

OVERALL SCORE: 6.1/10

Context and risks

Elevated governance risk in Spain and exposure to emerging markets with regulatory instability, such as Cuba, although the exit from this country partially mitigates the risk. High net debt (ND/EBITDA 4.06) amplifies vulnerability to a rising interest rate environment in Europe.

News considered in the analysis

  • Meliá Hotels International (BME:MEL) Stock Could Be 15% Overvalued On Cash Flow — Análisis de valoración de Simply Wall St. que sugiere que la acción está sobrevalorada en un 15% según el flujo de caja; es una opinión de analista, no un hecho material, pero puede influir en el sentimiento.
  • Melia Hotels International SA (WBO:MEL) (Q2 2026) Earnings Call Highlights: Strategic Expansion ... — La llamada de resultados del Q2 2026 destaca una expansión estratégica, pero el mercado ya ha descontado esta información en el precio de la acción.
  • Melia Hotels International SA (WBO:MEL) (Q2 2026) Earnings Call Highlights: Strategic Cuba Exit ... — La salida estratégica de Cuba es una noticia positiva que simplifica el portfolio y reduce el riesgo geopolítico, pero ya está reflejada en el precio tras la publicación de resultados.
  • Melia Hotels International SA (SMIZF) Full Year 2025 Earnings Call Highlights: Strong Revenue ... — Los ingresos sólidos del año fiscal 2025 ya son conocidos por el mercado y están incorporados en la valoración actual.

Verdict: Hold; the valuation is attractive but high leverage and governance risk limit upside potential in the short term.

Main risk: The main risk is high leverage (ND/EBITDA 4.06) in a rising-rate environment from the ECB, which increases the cost of debt and can pressure margins and cash generation.

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Automatically generated analysis from fundamental, market and news data. Not personalised financial advice — a research tool, not an individual recommendation. Past performance does not guarantee future results. Last update of this analysis: 2026-09-28. Legal notice, privacy & cookies.