EIH Associated Hotels Ltd : Reco Price Rs. 128.40 CMP: Rs.144.20 (Gain 12.31%)
With the current market cap at just Rs.250 crores and its current enterprise value; the valuation is at a significant discount to the intrinsic worth of the company.
EIH Associated Hotels is a part of the Oberoi group and owns 8 Hotel properties in the country. The company initially had two Hotel properties – Oberoi Rajvilas, Jaipur and Trident Hilton, Chennai. Pursuant to a scheme of arrangement between EIH Ltd. and EIH Associated Hotels Ltd., The Cecil at Simla and Trident Hilton, Bhubhneshwar were transferred to EIH Associated Hotels. The merger of Indus Hotels Corporation Ltd. with EIH Associated Hotels led to 4 more properties – Trident Hilton, Agra; Trident Hilton, Jaipur; Trident Hilton, Kochi and Oberoi Udaivilas, Udaipur, coming into the fold of EIH Associated Hotels.
Latest Data As On 29/10/2007 |
|
Latest Equity(Subscribed) | 19.59 |
Latest Reserve | 69.67 |
Latest Bookvalue -Unit Curr. | 45.56 |
Latest EPS -Unit Curr. | 8.5 |
Latest Market Price -Unit Curr. | 128.25 |
Latest P/E Ratio | 15.03 |
52 Week High -Unit Curr. | 195 |
52 Week High-Date | 1/4/2007 |
52 Week Low -Unit Curr. | 112 |
52 Week Low-Date | 4/2/2007 |
Market Capitalisation | 251.2 |
Stock Exchange | BSE |
Dividend Yield -% | 0.63 |
(Source : Capitaline)