Company	Price	Valuation					Profitability					Cash & leverage					Quality				Rating
		P/E	P/B	P/S	EV / EBITDA	DCF upside	Gross margin	Operating margin	Net margin	ROE	ROIC	FCF yield	Debt / equity	Net debt / EBITDA	Interest coverage	Current ratio	Dividend yield	Piotroski (0-9)	Altman Z	Rating score (1-5)
COVH.PAthis companyCovivio Hotels	€20.30	10.96×	0.92×	4.72×	12.53×	277.5%	25.8%	34.9%	43.0%	8.3%	3.7%	6.7%	0.77×	5.35×	1.62×	3.14×	1.2%	5	0.94	4	A
AC.PAAccor S.A.	€51.02	29.95×	3.14×	2.38×	13.78×	79.6%	52.9%	15.4%	8.0%	10.5%	6.9%	4.6%	1×	2.58×	5.51×	1.05×	2.4%	8	1.68	3	B-
ALLHB.PALes Hôtels Baverez S.A.	€71.50	79.89×	3.59×	5.62×	29.77×	-10.7%	13.7%	8.7%	7.0%	4.5%	3.0%	-7.2%	0.38×	-1.73×	5.71×	2.89×	0.4%	5	3.53	2	C+
VAC.PAPierre et Vacances S.A.	€1.88	23.28×	-2.28×	0.42×	12.66×	294.1%	14.5%	13.9%	1.8%	-9.8%	5.9%	28.9%	-18.12×	11.23×	1.35×	0.57×	0.0%	7	0.49	2	C+
Peer median	—	29.95×	3.14×	2.38×	13.78×	79.6%	14.5%	13.9%	7.0%	4.5%	5.9%	4.6%	0.38×	2.58×	5.51×	1.05×	0.4%	7	1.68	2	—