Turism Hotelur (EFO) fair value: what the stock is really worth
As of Nov 5, 2026: fair value (intrinsic value) of Turism Hotelur stock RON 1.00, price RON 0.91, upside +10.0%, quality 82 out of 100. Rating: fairly valued. Calculated from audited financials with 18 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 0.1130 RON – 0.9650 RON · fair‑value band 0.9503 RON – 1.09 RON · the 0.9100 RON price screens below the 1.00 RON fair value. As of Nov 6, 2026.
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Turism, Hoteluri, Restaurante Marea Neagra S.A. engages in the provision of tourist accommodation, public catering, and entertainment services in Romania. It operates hotels, restaurants, bars, buffets, and spas.
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The company was formerly known as S.C. Eforie S.A. and changed its name to Turism, Hoteluri, Restaurante Marea Neagra S.A. in January 2005. Turism, Hoteluri, Restaurante Marea Neagra S.A. was founded in 1991 and is headquartered in Constanta, Romania.
Stock analysis
Turism Hotelur (EFO) currently trades at 0.9100 RON, while our model-based Fair Value estimate is 1.00 RON, so the stock looks roughly fairly valued today (gap 9.1%).
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 3.40 RON per share, and 8 of the 18 models we run sit above the 0.9100 RON price.
Bear case: the DCF Models group reads lowest at 0.3700 RON, and 10 of the 18 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.9503 RON (bear) to 1.09 RON (bull), the price of 0.9100 RON sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 82/100 (high quality), in the Consumer Cyclical sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Turism Hotelur reported revenue of 972K RON in FY2025 versus 40.1M RON in FY2021, a compound −60.5%/yr. Reported net income was 14.4M RON in FY2025, compounding −27.0%/yr from FY2021.
Key figures
Market cap 179M RON (≈ $37.7M) Micro · P/E ratio 18.2 · P/S ratio 14.1 · EPS (TTM) 0.0500 RON · Dividend yield 8.0% · Net margin 81.9% · Return on equity 5.8% · Return on assets (EBIT) −4.0% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 6% below its 52-week high and 101% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 34% fair-value upside, at 10%, EFO screens richer than that median.
Fair Value models
Bear0.9503 RONFair Value 1.00 RONBull1.09 RON
Price 0.9100 RON · Upside +10.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.22/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+7.8%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−70.4%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−45.2%
Start year 2020 (pandemic)
’20
’21
’22
’24
’25
What shareholders gained per year (last 5 years) (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip.
+36.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+28.3%
Dividend (yield on the price)8.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−58% → −667%
2025 sits 54% above its own trend. The rate follows the median trend of the last 5 years, not that single year.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+34.3%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Romania: IMF forecast 4.3% a year to 2030, 5.2% from 2016 to 2025) that is about +28.7% a year for the price.
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Resorts & Casinos · 62 stocks
Beats the industry median on 7/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score82 · Top 25%
Fair Value upside+10.0% · Below median
Profitability
Return on equity (12 months)5.8% · Above median
Return on assets6.9% · Above median
Net margin (12 months)81.9% · Top 25%
Operating margin (12 months)11.3% · Above median
Growth and dividend
Revenue growth (quarter YoY)−40.7% · Bottom 25%
Dividend yield (12 months)8.0% · Top 25%
Valuation Multiplesvs Resorts & Casinos median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Turism Hotelur Fair Value". https://www.fairvalue-calculator.com/stock/EFO
Frequently asked questions
Is Turism Hotelur (EFO) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 1.00 RON versus a price of 0.9100 RON, about +10% upside (fairly valued).
What is the fair value of EFO?
Our model-based fair value for Turism Hotelur is 1.00 RON (as of Nov 6, 2026), built from audited fundamentals. The current price: 0.9100 RON.
What is the quality score of EFO?
Turism Hotelur has a Quality Score of 82/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Turism Hotelur (EFO)?
Our model-based price target is the fair value of 1.00 RON (as of Nov 6, 2026) from 18 valuation models. Cautious scenario 0.9503 RON, optimistic scenario 1.09 RON. It is a calculation from audited fundamentals, not an analyst target.
What is the Turism Hotelur stock forecast for 2026?
Our models put fair value at 1.00 RON, about +10% upside versus a price of 0.9100 RON (fairly valued). Cautious scenario 0.9503 RON, optimistic scenario 1.09 RON. The calculation is refreshed regularly with new filings.
Does Turism Hotelur pay a dividend?
Turism Hotelur currently shows a dividend yield of 8.02% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Turism Hotelur (EFO) and when is the ex-dividend date?
Turism Hotelur pays a dividend of 0.073 RON per share a year, a dividend yield of 8.0%. The last ex-dividend date was Jul 13, 2026. The payout ratio is 146% of earnings. Free cash flow covers the dividend 0.20 times. Our assessment: Pays more than it earns. The company pays out more in dividends than it earns, and free cash flow clearly does not cover the dividend either. It may need to be cut unless profits recover.
What growth is priced into Turism Hotelur (EFO)?
For today's price to be fair in a discounted-cash-flow model, Turism Hotelur would have to grow free cash flow by +34.3 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -45.2 % per year. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of EFO use?
Our models discount Turism Hotelur at 10.9 %: a base by market capitalisation (nano), damped by beta 0.44, country premium for Romania. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Turism Hotelur that is +34.3 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has Turism Hotelur (EFO) delivered so far?
Over the past 5 years revenue at Turism Hotelur grew -45.2 % a year. The price currently implies free-cash-flow growth of +34.3 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Turism Hotelur (EFO) growing?
The median revenue growth in the sector is +8.7 % a year. That is the yardstick for the growth priced into Turism Hotelur (+34.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Turism Hotelur (EFO)?
The free-cash-flow yield on the price is 1.58 %: that much free cash flow Turism Hotelur produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Turism Hotelur (EFO)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Turism Hotelur it is 1.00 RON per share (as of Nov 6, 2026), against a price of 0.9100 RON. It is the blended result of 18 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Turism Hotelur stock overvalued or undervalued in 2026?
As of Nov 6, 2026, EFO trades below its calculated fair value: price 0.9100 RON, fair value 1.00 RON, a gap of about +10% (fairly valued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of EFO?
No. The price is what the market pays today (0.9100 RON); the fair value is what the company's own numbers justify (1.00 RON). For Turism Hotelur the two are 0.0910 RON per share apart. That gap is exactly why we show both numbers side by side.
How much is Turism Hotelur worth?
The market values Turism Hotelur at about 179M RON (market capitalisation, as of Nov 6, 2026). Per share that is 0.9100 RON; our models calculate a fair value of 1.00 RON per share.
What do the bullish and bearish scenarios say about EFO?
Our models span a range for Turism Hotelur: cautious scenario 0.9503 RON, base 1.00 RON, optimistic 1.09 RON per share (as of Nov 6, 2026, price 0.9100 RON). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of EFO?
Turism Hotelur trades at a price-to-earnings ratio of 18.2 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.00 RON is built from several models across several years. Median P/E at fiscal year-end, 5 fiscal years (2020 to 2025), reported earnings: 7.1. Other multiples: P/B 1.0, P/S 14.1, EV/EBITDA 28.0.
How solid is the balance sheet of Turism Hotelur (EFO)?
Balance-sheet figures for Turism Hotelur (as of Nov 6, 2026): return on equity 5.8%. They feed the Quality Score of 82/100, which measures business quality independently of the share price.
How far is EFO from its 52-week high?
Turism Hotelur trades at 0.9100 RON, about 6% below its 52-week high of 0.9650 RON and 101% above the low of 0.4533 RON (as of Nov 5, 2026). Distance from the high says nothing about value: that is what the fair value of 1.00 RON is for.
Which stocks are comparable to Turism Hotelur?
From the same area (Consumer Cyclical) we also value Las Vegas Sands Corp, Galaxy Entertainment Group, Sands China Ltd, Wynn Resorts, Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Turism Hotelur stock attractive at the current price?
The data as of Nov 6, 2026: price 0.9100 RON, calculated fair value 1.00 RON (+10%), Quality Score 82/100, from 18 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of EFO calculated?
We run Turism Hotelur through 18 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.00 RON builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Turism Hotelur currently trades 9% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Turism Hotelur (EFO)?
The closing price on Nov 5, 2026 was 0.9100 RON. Our model-based fair value is 1.00 RON, about +10% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Turism Hotelur right now?
The price is below even our cautious bear case (0.9503 RON). The market is more pessimistic than our downside scenario. The price sits close to our fair value, market and models broadly agree here, little valuation tension. The models converge in a tight band (0.9503 RON to 1.09 RON), unusually little disagreement for a valuation. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Turism Hotelur
How large is the market capitalisation of Turism Hotelur (EFO)?
The market capitalisation of Turism Hotelur is 179M RON (≈ $37.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Turism Hotelur (EFO)?
The price-to-sales ratio of Turism Hotelur is 14.1 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Turism Hotelur (EFO)?
Earnings per share at Turism Hotelur are 0.0500 RON (price ÷ EPS = P/E 18.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Turism Hotelur (EFO)?
The dividend yield of Turism Hotelur is 8.0% (payout 146%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Turism Hotelur (EFO)?
The net margin of Turism Hotelur is 81.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Turism Hotelur (EFO)?
The return on equity (ROE) of Turism Hotelur is 5.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Turism Hotelur (EFO)?
On an EBIT basis the return on assets of Turism Hotelur is −4.0% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Turism Hotelur (EFO)?
The operating margin of Turism Hotelur is 11.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Turism Hotelur (EFO)?
Revenue at Turism Hotelur is growing −40.7% versus a year earlier (3y avg −70.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Turism Hotelur (EFO)?
Earnings per share at Turism Hotelur are growing −51.1% versus a year earlier. How much earnings per share grew versus a year earlier.
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Thin data
Nov 6, 2026