Melia Hotels (MEL) - Net Assets
Based on the latest financial reports, Melia Hotels (MEL) has net assets worth €1.12 Billion EUR (≈ $1.31 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€4.69 Billion ≈ $5.48 Billion USD) and total liabilities (€3.57 Billion ≈ $4.18 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Melia Hotels asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.12 Billion |
| % of Total Assets | 23.82% |
| Annual Growth Rate | -20.12% |
| 5-Year Change | 113.62% |
| 10-Year Change | -18.61% |
| Growth Volatility | 33.19 |
Melia Hotels - Net Assets Trend (2000–2024)
This chart illustrates how Melia Hotels's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see MEL market cap.
Annual Net Assets for Melia Hotels (2000–2024)
The table below shows the annual net assets of Melia Hotels from 2000 to 2024. Explore Melia Hotels operating cash flow efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.07 Billion ≈ $1.25 Billion |
+89.98% |
| 2023-12-31 | €563.15 Million ≈ $658.38 Million |
+26.31% |
| 2022-12-31 | €445.85 Million ≈ $521.25 Million |
+36.91% |
| 2021-12-31 | €325.65 Million ≈ $380.72 Million |
-34.98% |
| 2020-12-31 | €500.84 Million ≈ $585.53 Million |
-61.06% |
| 2019-12-31 | €1.29 Billion ≈ $1.50 Billion |
-7.09% |
| 2018-12-31 | €1.38 Billion ≈ $1.62 Billion |
-9.10% |
| 2017-12-31 | €1.52 Billion ≈ $1.78 Billion |
-2.61% |
| 2016-12-31 | €1.56 Billion ≈ $1.83 Billion |
+18.95% |
| 2015-12-31 | €1.31 Billion ≈ $1.54 Billion |
+3.67% |
| 2014-12-31 | €1.27 Billion ≈ $1.48 Billion |
+8.51% |
| 2013-12-31 | €1.17 Billion ≈ $1.37 Billion |
-1.29% |
| 2012-12-31 | €1.18 Billion ≈ $1.38 Billion |
+4.78% |
| 2011-12-31 | €1.13 Billion ≈ $1.32 Billion |
+1.25% |
| 2010-12-31 | €1.12 Billion ≈ $1.30 Billion |
+5.78% |
| 2009-12-31 | €1.05 Billion ≈ $1.23 Billion |
+8.64% |
| 2008-12-31 | €971.10 Million ≈ $1.14 Billion |
-5.20% |
| 2007-12-31 | €1.02 Billion ≈ $1.20 Billion |
+5.89% |
| 2006-12-31 | €967.32 Million ≈ $1.13 Billion |
+2.47% |
| 2005-12-31 | €944.00 Million ≈ $1.10 Billion |
+16.77% |
| 2004-12-31 | €808.45 Million ≈ $945.17 Million |
-14.21% |
| 2003-12-31 | €942.34 Million ≈ $1.10 Billion |
-10.88% |
| 2002-12-31 | €1.06 Billion ≈ $1.24 Billion |
-8.01% |
| 2001-12-31 | €1.15 Billion ≈ $1.34 Billion |
-99.51% |
| 2000-12-31 | €234.75 Billion ≈ $274.45 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Melia Hotels's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 111.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €44.08 Million | 5.81% |
| Other Comprehensive Income | €206.39 Million | 27.22% |
| Other Components | €1.08 Billion | 142.12% |
| Total Equity | €758.17 Million | 100.00% |
Melia Hotels Competitors by Market Cap
The table below lists competitors of Melia Hotels ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sk Gas
KO:018670
|
$1.76 Billion |
|
Semapa
LS:SEM
|
$1.76 Billion |
|
Berli Jucker PCL
BK:BJC
|
$1.76 Billion |
|
Dynavax Technologies Corporation
NASDAQ:DVAX
|
$1.76 Billion |
|
BOTH Engineering Technology Co. Ltd. A
SHG:601133
|
$1.76 Billion |
|
Deutz AG
XETRA:DEZ
|
$1.76 Billion |
|
Machvision Inc
TW:3563
|
$1.76 Billion |
|
Liberty Global PLC Class C
NASDAQ:LBTYK
|
$1.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Melia Hotels's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 512,936,000 to 758,172,000, a change of 245,236,000 (47.8%).
- Net income of 140,626,000 contributed positively to equity growth.
- Dividend payments of 25,608,000 reduced retained earnings.
- Other comprehensive income increased equity by 334,049,000.
- Other factors decreased equity by 203,831,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €140.63 Million | +18.55% |
| Dividends Paid | €25.61 Million | -3.38% |
| Other Comprehensive Income | €334.05 Million | +44.06% |
| Other Changes | €-203.83 Million | -26.88% |
| Total Change | €- | 47.81% |
Book Value vs Market Value Analysis
This analysis compares Melia Hotels's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.23x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 3.33x to 3.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €3.34 | €11.11 | x |
| 2004-12-31 | €4.15 | €11.11 | x |
| 2005-12-31 | €4.68 | €11.11 | x |
| 2006-12-31 | €4.87 | €11.11 | x |
| 2007-12-31 | €5.42 | €11.11 | x |
| 2008-12-31 | €4.99 | €11.11 | x |
| 2009-12-31 | €4.84 | €11.11 | x |
| 2010-12-31 | €5.85 | €11.11 | x |
| 2011-12-31 | €6.03 | €11.11 | x |
| 2012-12-31 | €6.28 | €11.11 | x |
| 2013-12-31 | €6.16 | €11.11 | x |
| 2014-12-31 | €6.11 | €11.11 | x |
| 2015-12-31 | €6.37 | €11.11 | x |
| 2016-12-31 | €6.67 | €11.11 | x |
| 2017-12-31 | €6.56 | €11.11 | x |
| 2018-12-31 | €5.85 | €11.11 | x |
| 2019-12-31 | €5.46 | €11.11 | x |
| 2020-12-31 | €2.22 | €11.11 | x |
| 2021-12-31 | €1.38 | €11.11 | x |
| 2022-12-31 | €1.88 | €11.11 | x |
| 2023-12-31 | €2.33 | €11.11 | x |
| 2024-12-31 | €3.44 | €11.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Melia Hotels utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 18.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.01%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 6.04x
- Recent ROE (18.55%) is above the historical average (-0.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 7.97% | 5.20% | 0.36x | 4.31x | €-12.54 Million |
| 2004 | 5.88% | 4.17% | 0.39x | 3.61x | €-30.69 Million |
| 2005 | 10.02% | 7.73% | 0.41x | 3.17x | €221.80K |
| 2006 | 14.57% | 10.84% | 0.45x | 2.96x | €42.76 Million |
| 2007 | 15.99% | 12.19% | 0.47x | 2.78x | €61.65 Million |
| 2008 | 6.14% | 4.27% | 0.44x | 3.30x | €-34.39 Million |
| 2009 | 4.43% | 3.79% | 0.37x | 3.20x | €-54.70 Million |
| 2010 | 5.01% | 4.16% | 0.37x | 3.26x | €-51.83 Million |
| 2011 | 3.99% | 3.14% | 0.40x | 3.20x | €-63.28 Million |
| 2012 | 3.40% | 2.74% | 0.39x | 3.17x | €-72.50 Million |
| 2013 | -6.66% | -5.42% | 0.40x | 3.07x | €-183.23 Million |
| 2014 | 2.51% | 2.08% | 0.46x | 2.65x | €-90.92 Million |
| 2015 | 2.85% | 2.07% | 0.55x | 2.50x | €-90.39 Million |
| 2016 | 6.62% | 5.59% | 0.54x | 2.19x | €-51.34 Million |
| 2017 | 8.60% | 6.83% | 0.59x | 2.15x | €-20.89 Million |
| 2018 | 10.50% | 7.65% | 0.53x | 2.60x | €6.67 Million |
| 2019 | 9.09% | 6.31% | 0.38x | 3.83x | €-11.34 Million |
| 2020 | -128.90% | -115.96% | 0.13x | 8.57x | €-660.25 Million |
| 2021 | -63.59% | -23.32% | 0.20x | 13.89x | €-223.24 Million |
| 2022 | 26.79% | 6.59% | 0.39x | 10.52x | €69.37 Million |
| 2023 | 22.95% | 6.10% | 0.43x | 8.65x | €66.44 Million |
| 2024 | 18.55% | 7.01% | 0.44x | 6.04x | €64.81 Million |
Industry Comparison
This section compares Melia Hotels's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,031,288,000
- Average return on equity (ROE) among peers: 6.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Melia Hotels (MEL) | €1.12 Billion | 7.97% | 3.20x | $1.76 Billion |
| NH Hoteles (NHH) | $1.03 Billion | 6.06% | 1.63x | $2.83 Billion |
About Melia Hotels
Meliá Hotels International, S.A. owns, operates, manages, leases, and franchises hotels worldwide. It operates through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, Real Estate, and Vacation Club segments. The company operates hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, ZEL, a… Read more