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RLH Properties, S.A. (RLHA) Fair Value & Analysis

Consumer Cyclical · MX · Market cap 19.3B MXN

RP RLH Properties, S.A. RLHA · MX
Price15.46 MXN
Fair Value5.61 MXN
Upside-63.7%
Quality35/100
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Healthy Growth
Thin margins · 2.6% net margin
Moderate debt · generates free cash flow
Trails peers (0/13)
Narrow moat 26/100
Evidence: High Range 4.21 MXN – 7.01 MXN Share as image

Fair value as of: Jul 12, 2026

From 7 valuation models · updated 29 days ago

Share price −6.0% over the past month.

Below-average quality, and screening another 64% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (7.01 MXN). The favourable scenario is already priced in.
  • Weak quality (35/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

17.51 MXN 11.35 MXN Fair Value 5.61 MXN Apr 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 11.35 MXN – 17.51 MXN · fair‑value band 4.21 MXN – 7.01 MXN · the 15.46 MXN price screens above the 5.61 MXN fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

RLH Properties, S.A. (RLHA) currently trades at 15.46 MXN, while our model-based Fair Value estimate is 5.61 MXN, implying the stock looks roughly 63.7% overvalued today. The Quality Score stands at 35/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, RLH Properties, S.A. generated revenue of 7.3B MXN at a net margin of 2.6%. Revenue declined 24.1% year over year. It earns a return on equity of 0.4%. Net debt stands at 14.3B MXN. Fundamentals as of Jul 12, 2026

Our scenario range runs from 4.21 MXN (bear case) to 7.01 MXN (bull case); at 15.46 MXN, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 9% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -62% fair-value upside, at -64%, RLHA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model BearBaseBull Evidence
Highest evidence
Residual Income 9.33 MXN 9.05 MXN 7.64 MXN 61
P/S Multiple 4.95 MXN 6.60 MXN 8.25 MXN 58
P/B Multiple 4.95 MXN 6.60 MXN 8.25 MXN 55
All 7 models by family
DCF Models
5Y EBITDA Exit 5.63 MXN 15.77 MXN 41
10Y EBITDA Exit 2.49 MXN 12.78 MXN 37
Multiples
P/S Multiple 4.95 MXN 6.60 MXN 8.25 MXN 58
P/B Multiple 4.95 MXN 6.60 MXN 8.25 MXN 55
EV/EBITDA 1.05 MXN 5.10 MXN 9.15 MXN 54
Asset-Based
NCAV (Graham) 6.44 MXN 8.63 MXN 12.88 MXN 50
Economic Profit
Residual Income 9.33 MXN 9.05 MXN 7.64 MXN 61

Widest divergence: Economic Profit (9.05 MXN) versus DCF Models (2.49 MXN). Highest evidence: Residual Income (61).

Key figures & financial health

Revenue (TTM) 7.3B MXN
Revenue growth (YoY) -24.1%
Net margin 2.6%
Return on equity 0.4%
Free cash flow 350M MXN FY2025
P/E ratio 128.8
More key figures
Operating margin 1.5%
EPS (TTM) 0.1200 MXN
EPS growth (YoY) -72.5%
Net debt 14.3B MXN FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 35/100

Of which business quality 37 · Market factors (momentum, volatility) 52

Profitability 21
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 43
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 22
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

RLH Properties, S.A.B. de C.V. engages in the acquisition, development, and management of hotels and resorts. Its properties portfolio includes residential assets and villas, golf and polo clubs, and private homes.

Full company description

RLH Properties, S.A.B. de C.V. engages in the acquisition, development, and management of hotels and resorts. Its properties portfolio includes residential assets and villas, golf and polo clubs, and private homes. The company's properties include Andaz Mayakoba, Banyan Tree Mayakoba, Fairmont Mayakoba, Four Seasons Ciudad De México, One&Only Mandarina, Park Hyatt Los Cabos, Rosewood Mandarina, and Rosewood Mayakoba; Fairmont Residences Mayakoba, One&Only Mandarina Private Homes, Rosewood Residences Mandarina, and Rosewood Residences Mayakoba; and El Camaleón Mayakoba, Mandarina Polo Club and Equestrian Center, and Mandarina Golf Club. RLH Properties, S.A.B. de C.V. was incorporated in 2013 and is based in Mexico City, Mexico.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

RLH Properties, S.A. reported revenue of 7.9B MXN in FY2025 versus 5.7B MXN in FY2021, a compound +8.4%/yr. Reported net income was 485M MXN in FY2025, compounding +26.8%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
7.9B MXN
Latest YoY
+2.5%
Avg. growth/yr (3Y)
−4.2%
Avg. growth/yr (5Y)
+24.5%
Avg. growth/yr (8Y)
+16.7%
Revenue +8.4%/yr
FY21 5.7B MXN
FY22 9.0B MXN
FY23 7.5B MXN
FY24 7.8B MXN
FY25 7.9B MXN
Net income +26.8%/yr
FY21 187M MXN
FY22 458M MXN
FY23 −143M MXN
FY24 569M MXN
FY25 485M MXN

RLHA screens 64% overvalued. Compare with Marriott International, Inc →

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Cite: Fair Value Calculator (2026). "RLH Properties, S.A. Fair Value". https://www.fairvalue-calculator.com/stock/RLHA

Peer Group

Lodging · 170 stocks

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.

Quality Score 36 · Bottom 25%
Fair Value upside −64% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets -0% · Bottom 25%
Net margin (TTM) 3% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth -24% · Bottom 25%
Debt / equity 0.99× · Higher than 75% of peers

Valuation Multiples vs Lodging median · lower = cheaper

P/E (TTM) 128.8× · Pricier than 75% of peers
P/B 1.20× · Pricier than median
P/S (TTM) 2.66× · Pricier than median
P/FCF 3.2× · Pricier than median
EV/EBITDA 53.3× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 1
FUTURE 0 · sector 18
PAST 1 · sector 11
HEALTH 51 · sector 91
DIVIDEND 0 · sector 23

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Lodging stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $369.05 $135.64 -63%
Hilton Worldwide Holdings HLT $328.48 $123.67 -62%
InterContinental Hotels Group IHG $159.87 $85.18 -47%
Hyatt Hotels Corporation H $191.00 $47.69 -75%
H World Group HTHT $42.67 $47.55 +11%
Accor SA AC €47.25 €39.26 -17%
The Indian Hotels Company INDHOTEL ₹743.20 ₹260.68 -65%
Wyndham Hotels & Resorts, Inc WH $78.54 $24.02 -69%
Hanjin Kal, 180640 113,500 KRW 36,890 KRW -67%
Jabal Omar Development Company 4250 16.00 SAR 11.64 SAR -27%

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Frequently asked questions

Is RLH Properties, S.A. (RLHA) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 5.61 MXN versus a price of 15.46 MXN, about −64% (overvalued).
What is the fair value of RLHA?
Our model-based fair value for RLH Properties, S.A. is 5.61 MXN (as of Jul 12, 2026), built from audited fundamentals. The current price is 15.46 MXN.
What is the quality score of RLHA?
RLH Properties, S.A. has a Quality Score of 35/100. 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 revenue of RLH Properties, S.A. (RLHA)?
RLH Properties, S.A. reported trailing-twelve-month revenue of about 7.3B MXN (latest available figure, as of Jul 12, 2026).
What is the net profit margin of RLHA?
The net profit margin of RLH Properties, S.A. is about 2.6%, meaning it keeps roughly 2.6% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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