H World Group

HK$39.58As of Sun 8 Nov 2026, 12:00 UTC

HKEX:1179Consumer Disc

Country Hong Kong

PE (Fwd) 19.44

TSR 6Y CAGR 4.86%

Div yield 4.38%

ROE —

Lodging

Beta (5Y) 0.07

PE TTM 21.53

TSR TTM 36.86%

Mkt cap HK$119.1B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

$39

(0.62%)

7.69%

Price near Reference Value

TTM

FYE 31 Dec CNY

FY2016

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026E

Trend

10Y

Peers

25.31

Revenue¥B

—

12.79

13.86

21.88

23.89

25.31

27.08

18.61%

5.93

Revenue growth%

—

8.42

57.86

9.18

5.93

7.02

8.80

—

39.39

Gross margin%

—

11.76

11.56

34.46

36.02

39.39

39.38

34.46

26.95

Operating margin%

—

1.28

(2.12)

21.56

21.77

26.95

26.84

21.56

20.07

Net margin%

—

(3.64)

(13.14)

18.67

12.76

20.07

19.78

12.76

21.53

P/E ratio (avg)x

—

24.37

27.05

16.86

20.42

24.37

—

16.04

EV/EBITx

—

605.6

—

21.10

15.86

12.56

15.05

18.48

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

1.56

EPS¥

—

(0.15)

(0.59)

1.22

0.93

1.56

1.65

13.29%

—

68.25

EPS growth%

—

(291.98)

308.25

(23.72)

68.25

5.44

22.26

—

Bookvalue per sh¥

—

FCF per share¥

—

1.48

Dividend per sh¥

—

0.44

1.17

1.48

1.63

83.22%

—

4.38

Div yield (avg)%

—

1.48

4.64

5.60

4.83

4.64

—

100

92.40

Payout ratio%

—

35.04

121.16

92.40

98.72

92.40

—

3.247

Shares (diluted)B

—

3.114

3.111

3.351

3.278

3.247

◌3.247

1.05%

0.94

Buyback yield%

—

0.09

(7.72)

2.18

0.94

◌—

0.52

—

D/E ratiox

—

109.4

Enterprise value¥B

—

99.31

80.96

99.56

82.45

85.65

109.4

(3.63%)

—

LT debt¥M

—

Peers (US$15.68B)

Cap (US$)

Galaxy Entertainment…

19.46B

14.26x

Shangri-La Asia Limited

1.864B

13.07x

The Hongkong and…

1.106B

13.72x

Hyatt Hotels Corporati…

17.21B

95.46x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

20.23

12.25

Own earn%

—

Sh yield%

5.32

3.31

Owners

Insiders/Inst%

—

Short interest%

—

SBC / revenue%

1.65

Record

10Y

Profitable years

3/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

−2–27

$1 testx

—

Incr. ROIC%

—

H World Group Limited develops and operates leased and owned, manachised, and franchised hotels in the People’s Republic of China.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

¥25.31B

18.61%

1.00×

Cost of revenue

¥15.34B

7.98%

0.69×

Operating expenses

¥3.149B

23.84%

1.19×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m