Choice Hotels International, Inc. (CHH)
NEUTRALFundamental
64
मूल्य
$110.15
मार्केट कैप
$5.04B
भाग 1 · कंपनी का मूल्य कितना है
अवलोकन
Choice Hotels does not own or run hotels: it licenses brand names such as Comfort Inn, Quality Inn and Radisson to independent owners, who pay to use the brand, reservation system and marketing in exchange for following its operating standards. The company owns a small number of hotels directly, but its business is franchising — collecting fees from thousands of properties it does not operate rather than running rooms itself.
यह पैसा कैसे कमाती है
Most revenue is franchise and management fees, charged as a percentage of each hotel's room revenue plus flat platform fees, so it rises and falls with how full and how expensive franchisees' rooms are, not with Choice's own costs. A large additional revenue line is money collected from franchisees for marketing and reservation systems and then spent on their behalf — this passes through the income statement without adding profit. A small owned-hotel portfolio and other services round out the total.
सेगमेंट के अनुसार राजस्व
Royalty and initial franchise fees, plus fees from managed properties — the core, high-margin business of licensing the brand.
Money collected from franchisees to fund shared marketing and the central reservation system, then spent on those same services — a pass-through, not a profit source.
Room and other revenue from the small number of hotels Choice owns and operates directly, unlike the rest of its franchised system.
Fees from co-branded credit cards, procurement programs and other services sold to the franchise network beyond the core royalty.
Residual revenue lines not captured in the categories above.
प्रतिस्पर्धी बढ़त (Moat)
स्विचिंग कॉस्ट · संकीर्णA hotel owner who signs a franchise agreement commits for years and invests in brand-standard renovations, so switching brands means losing that investment and the reservations that come through Choice's system and loyalty program. The moat is real but narrow: at renewal, owners can and do move to a rival chain if the economics no longer work.
मांग को क्या चलाता है
चक्रीयFranchise fees are a percentage of room revenue, so they track how much people travel and how much hotels can charge — both of which fall in a weak economy. Growth in the number of franchised hotels also depends on owners being able to get construction financing, which tightens in the same downturns that reduce travel.
प्रमुख जोखिम
- Dependence on franchisee performance — Because fees are based on franchisees' room revenue, Choice's results depend on the ability of thousands of independent owners to compete for guests and to obtain financing to build or renovate — factors the company does not directly control.
- Economic weakness reduces travel — The company states that a weak U.S. or international economy reduces demand for hotel rooms and for new hotel development, which lowers both existing royalty fees and the pipeline of new franchised properties.
- Competition for franchisees — Growing the franchise system means competing against other chains for the same hotel owners, which can force Choice to lower fees or offer loans and guarantees as incentives, eating into the margin on new growth.
खरीदने के पक्ष में तर्क
Buyers argue that a franchise model needs almost no capital of its own, converts room-revenue growth across thousands of hotels into high-margin fees, and that the brand and reservation system create enough switching cost to keep the franchise base growing net of defections.
बेचने के पक्ष में तर्क
Sellers fear that a travel downturn hits royalty fees directly, that competition among hotel chains for the same owners compresses fee rates over time, and that the large reimbursable-cost revenue line flatters the top line without adding real profit.
Written by the editors, published on 18 अगस्त 2026
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बैलेंस शीट और तरलता
राजस्व
$1.62B
पिछले 12 महीने (30/6/2026 तक)
शुद्ध आय
$328M
पिछले 12 महीने (30/6/2026 तक)
Free Cash Flow
-
कुल इक्विटी
$181M
कुल देनदारियाँ
$2.74B
Current Ratio
0.93
Interest Coverage
4.28
Debt/EBITDA
4.15
Earnings Per Share
राजस्व और शुद्ध आय
Free Cash Flow
आय विवरण
ऐतिहासिक विवरण
समय के साथ मार्जिन
समय के साथ ऋण
ऋण कितना भारी है
वृद्धि तालिका
वृद्धि — राजस्व
Fair Value अनुमान
Fair Value
$179.06
वर्तमान मूल्य
$110.15
Margin of Safety
+38.5%
Fair Value सीमा
$116.39 - $241.73
अनुमान विधियाँ
मूल्यांकन मेट्रिक्स
P/E Ratio
15.74
ROE
204.1%
P/B Ratio
35.18
P/FCF
-
Gross Margin
-
ROIC
12.8%
लाभप्रदता Radar
Value Creation (Economic Moat)
ROIC
12.8%
WACC
6.9%
ROIC − WACC
+5.9 pp
ROIC exceeds the cost of capital — the company is creating value for shareholders.
Fundamental विश्लेषण मानदंड
पास (15)
- EPS shows upward trend
- EPS CAGR 9.89%
- Price CAGR 6.94%
- ROIC 12.8%
- Operating Margin 25.2%
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 215.1%
- Revenue Growth 5Y 15.6%
- PEG Ratio 0.34
- Share Dilution -3.1%
- Net Margin Trend 20.3% vs 19.5%
- Piotroski F-Score 6/9
फेल (8)
- P/B Ratio 35.18
- Debt/Equity ratio
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Analyst Consensus 13% Buy
- Earnings Surprise avg -4.8%
- Earnings Quality (OCF/NI) 0.68
अनुपलब्ध (5)
- Gross Margin NaN%
- P/FCF NaN
- Dividend Payout NaN%
- Positive Free Cash Flow
- CapEx intensity
Piotroski F-Score
मिश्रित संकेत: कुछ क्षेत्रों पर ध्यान देना आवश्यक
Earnings गुणवत्ता
मध्यम: मुनाफे और नकदी के बीच कुछ अंतर
शेयर Dilution
शेयर वापस खरीद रही है। शेयरधारक अनुकूल
प्रशासन
कार्यकारी टीम
| नाम | पद | आयु |
|---|---|---|
| Mr. Dominic E. Dragisich | Interim Chief Executive Officer | 43 |
| Mr. Scott E. Oaksmith | Chief Financial Officer | 53 |
| Mr. Patrick J. Cimerola | Chief Human Resources Officer | 56 |
| Mr. Tony Pallas | Chief Technology Officer | - |
| Mr. Jeffrey W. Lobb | Senior VP, General Counsel & Secretary | - |
| Ms. Noha Abdalla | Chief Marketing Officer | 47 |
| Mr. David A. Pepper | Chief Development Officer | 58 |
| Mr. Raul Ramirez Sanchez | Chief Segment & International Operations Officer | 41 |
| Ms. Megan Brumagim | VP of Upscale Brands & Chief Sustainability Officer | - |
| Ms. Sally Bartas | Chief Talent & Culture Officer | - |
Audit जोखिम
3
बोर्ड जोखिम
7
मुआवजा जोखिम
5
शेयरधारक अधिकार जोखिम
5
भाग 2 · कीमत और खरीदने का समय
यह हिस्सा यह नहीं बताता कि कंपनी अच्छी है या नहीं: यह तय करने में मदद करता है कि उसे कब खरीदें, जब फंडामेंटल आपको आश्वस्त कर चुके हों। इसमें: तकनीकी विश्लेषण, संभावना, ऐतिहासिक गिरावट, गामा एक्सपोज़र।
Latest News
Recent headlines for CHH, sourced from Markets Gazette.
- 3/2/2026NEUTRALChoice Hotels Senior VP Empties Out Stock Options Amid Retirement
Choice Hotels International saw a senior executive exercise all her remaining stock options in early February, ahead of her planned retirement in 2026. While this move is a common practice for executives nearing retirement, it does not provide a clear directional signal for the stock. Investors should interpret the event as part of the executive's personal financial planning and compensation management, rather than an indicator of changes in the company's operational or strategic outlook. There are no elements suggesting an immediate impact on Choice Hotels' valuation or future performance, maintaining a neutral view on the stock.
via Markets Gazette