Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation

VACยทNYSE

$85.50

-5.7%
Consumer CyclicalGambling, Resorts & Casinos

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells, and manages vacation ownership and related products. It operates through two segments, Vacation Ownership and Exchange & Third-Party Management. The company manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, Sheraton Vacation Club, Westin Vacation Club, Hyatt Residence Club, and Marriott Vacation Club Pulse brands. It also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand. In addition, the company offers exchange networks and membership programs, as well as provision of management services to other resorts and lodging properties through various brands, including Interval International, Trading Places International, Vacation Resorts International, and Aqua-Aston. As of December 31, 2021, the company operated approximately 120 properties in the United States and thirteen other countries and territories. The company sells its upscale tier vacation ownership products primarily through a network of resort-based sales centers and off-site sales locations. Marriott Vacations Worldwide Corporation was founded in 1984 and is headquartered in Orlando, Florida.

At a Glance

Live Snapshot
Market Cap$2.94B
EPS-8.8300
P/E Ratio-9.68
Earnings Date08/03/2026
Marriott Vacations Worldwide Corporation

Marriott Vacations Worldwide Corporation Fair Value Envelope

VAC ยท NYSE

Our analysis suggests that VAC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $85.5, this represents a potential HIDDEN relative to our calculated worth for Marriott Vacations Worldwide Corporation.

Intrinsic Value
Current Price: $85.5

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$14.4M
+ Cash & Equivalents$733.0M
Firm Value$747.4M
- Debt$5.8B
Equity Value-$5.0B
/ Shares Outstanding34,602,499B
DCF Value-$145
OVERVALUED BY 269%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$14.0M
$7.0M
$3.5M
$1.8M
$875.0K
$437.5K
$218.8K
$109.4K
$54.7K
$27.3K
Maintenance CapEx
-$5.7M
-$2.9M
-$1.4M
-$712.5K
-$356.3K
-$178.1K
-$89.1K
-$44.5K
-$22.3K
-$11.1K
Owner Earnings
$8.3M
$4.2M
$2.1M
$1.0M
$518.8K
$259.4K
$129.7K
$64.8K
$32.4K
$16.2K
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$7.7M
$3.6M
$1.6M
$762.6K
$353.1K
$163.5K
$75.7K
$35.0K
$16.2K
$7.5K
Terminal Value represents 0.9% of Enterprise Value