InterContinental Hotels Group(IHG)

Sector:

Travel & Leisure

Index:

FTSE 100

Market Cap

£2,116.33m

Change Today

Price Down-7.00p

Share Price

740.00p

IHG Overview

InterContinental, formerly part of the Six Continents leisure group, is a hotel group that pioneered a new strategy by selling many of its hotels and signing long term management contracts. It has more than 3,600 hotels and 537,500 rooms in a 100 countries. In 2005 the group sold its interest in soft drinks firm Britvic, enabling it to concentrate purely on the hotel business.

1 Day Chart

1 Day Chart

6 Month Chart

6 Month Chart

Income & Efficiency

Latest F'cast
Div Yield 2.8% 3.1%
Div Cover 2.3 2.3
Op Mrgn 30.2% 21.7%
ROCE 37.8%  

Valuation

Latest F'cast
P/E 15.9 14.0
PEG 0.7 1.0
Pr/Revenue 2.4 2.1
Pr/Book 43.6  

Growth

Latest F'cast
Revenue 12.3% 13.0%
PBT 2.8% -2.5%
EPS 23.4% 13.9%
DPS 12.0% 11.0%

IHG Fundamentals

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-03 a3,483.00 a36.00 48.40p 10.8 0.6 +18% 13.50p 2.6%
31-Dec-04 731.00 52.00 17.30p 38.3 n/a -64% 14.30p 2.2%
31-Dec-05 713.00 127.00 22.50p 38.2 1.3 +30% 15.30p 1.8%
31-Dec-06 786.00 216.00 38.00p 34.0 0.5 +69% 18.40p 1.4%
31-Dec-07 883.00 222.00 46.90p 18.8 0.8 +23% 20.60p 2.3%

a. Based on UK GAAP presentation of accounts - includes discontinued activities

IHG Forecasts

Year Ending Revenue (£m) Pre-tax (£m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-08 997.52 216.53 53.41p 14.0 1.0 +14% 22.87p 3.1%
31-Dec-09 1,031.19 223.29 55.19p 13.5 4.1 +3% 24.16p 3.2%

Covering analysts: ABN AMRO, Charles Stanley & Co, Citigroup Investment Research, Credit Suisse, Deutsche Bank Research, Evolution Securities, Goldman Sachs, IIR Group, Jefferies, JP Morgan, Landsbanki Securities, Lehman Bros, Merrill Lynch, Morgan Stanley, Natixis Securities, Oddo Securities, Oppenheimer & Co. Inc., Société Générale

IHG Company Announcements

Holding(s) in Company 02-Sep-2008 16:15 RNS
IHG ANNOUNCES SALE OF HOLIDAY 01-Sep-2008 11:30 RNS
Total Voting Rights 29-Aug-2008 10:31 RNS

IHG ShareCast News

London close: Resource stock sell-off hits Footsie 15-Aug-2008 ShareCast
London afternoon: Miners pull Footsie lower 15-Aug-2008 ShareCast
FTSE 100 movers: Miners give back gains 15-Aug-2008 ShareCast

IHG Top Newspaper Links

InterContinental Hotels Group profits up despite... 13-Aug-2008 Times
Empty rooms in US put brake on growth of InterCo... 13-Aug-2008 The Independent
There's very little gloom at the ‘Inn’ 13-Aug-2008 Sun

Latest IHG Director Deals

Traded Action Notifier PriceAmountValue
13-Aug-08 Sell Richard Winter 753.00p 11,798 £88,838.94
13-Aug-08 Exercise of option Richard Winter 466.70p 11,798 £55,061.26
13-Aug-08 Buy Jennifer Laing 755.00p 1,969 £14,865.95

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: In the case of dual listed securities, broker recommendations and forecasts relate to the primary listing.

Note 6: Forecast figures based on normalised accounts.

 

IHG Market Data

Currency UK Pounds
Share Price 740.00p Price Down
Change Today -7.00p
52 Week High 1,120.00
52 Week Low 616.00
Volume 1,287,223
Shares Issued 285.99m
Market Cap £2,116.33m
Beta 1.41
RiskGrade 221

IHG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
92.66% below the market average92.66% below the market average92.66% below the market average92.66% below the market average92.66% below the market average
96.33% below the sector average96.33% below the sector average96.33% below the sector average96.33% below the sector average96.33% below the sector average
Price Trend
11.66% above the market average11.66% above the market average11.66% above the market average11.66% above the market average11.66% above the market average
34.48% above the sector average34.48% above the sector average34.48% above the sector average34.48% above the sector average34.48% above the sector average
Income
47.53% below the market average47.53% below the market average47.53% below the market average47.53% below the market average47.53% below the market average
54.72% below the sector average54.72% below the sector average54.72% below the sector average54.72% below the sector average54.72% below the sector average
Growth
31.89% above the market average31.89% above the market average31.89% above the market average31.89% above the market average31.89% above the market average
32.69% above the sector average32.69% above the sector average32.69% above the sector average32.69% above the sector average32.69% above the sector average

What The Brokers Say

Strong Buy 7
Buy 1
Neutral 9
Sell 4
Strong Sell 1
Total 22
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IHG Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Aug-08 26-Mar-08
Paid 03-Oct-08 06-Jun-08
Amount 12.20¢ 14.90p

Trades for 05-Sep-2008

Time Volume / Share Price
15:27 933 @ 740.00p
15:27 884 @ 740.00p
15:27 813 @ 740.00p
15:27 721 @ 740.00p
15:27 160 @ 740.00p

IHG Key Personnel

Finance Director Richard Solomons
CEO Andrew Cosslett

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