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6.96 (1y: +61%)
Market Cap 199.3 M P/E(ttm)
Enterprise Value 754.46 M P/B
MHGC- NAS (USA)
Morgans Hotel Group Company
Not Rated
Top Ranked Predictable Companies
$6.96
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry		 vs
history
Cash to Debt 0.011
MHGC's Cash to Debt is ranked lower than
81% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 1.78 vs. MHGC: 0.011 )
MHGC' s 10-Year Cash to Debt Range
Min: 0   Max: 0.17
Current: 0.01
0
0.17
Equity to Asset -0.365
MHGC's Equity to Asset is ranked lower than
96% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 0.46 vs. MHGC: -0.365 )
MHGC' s 10-Year Equity to Asset Range
Min: -0.37   Max: 0.06
Current: -0.37
-0.37
0.06
F-Score: 2
Z-Score: -1.06
M-Score: -2.21
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 2/10

vs
industry		 vs
history
Operating margin (%) -7.60
MHGC's Operating margin (%) is ranked lower than
81% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 8.60 vs. MHGC: -7.60 )
MHGC' s 10-Year Operating margin (%) Range
Min: -14.8   Max: 79.7
Current: -7.6
-14.8
79.7
Net-margin (%) -29.3
MHGC's Net-margin (%) is ranked lower than
85% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 4.30 vs. MHGC: -29.3 )
MHGC' s 10-Year Net-margin (%) Range
Min: -42.9   Max: -4
Current: -29.3
-42.9
-4
ROA (%) -9.4
MHGC's ROA (%) is ranked lower than
84% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 3.20 vs. MHGC: -9.4 )
MHGC' s 10-Year ROA (%) Range
Min: -15.3   Max: -1.3
Current: -9.4
-15.3
-1.3
ROC (Joel Greenblatt) (%) -5.60
MHGC's ROC (Joel Greenblatt) (%) is ranked lower than
71% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 12.00 vs. MHGC: -5.60 )
MHGC' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -8.4   Max: 46.4
Current: -5.6
-8.4
46.4
Revenue Growth (%) -6
MHGC's Revenue Growth (%) is ranked higher than
61% of the 343 Companies
in the Global Lodging industry.

( Industry Median: -0.45 vs. MHGC: -6 )
MHGC' s 10-Year Revenue Growth (%) Range
Min: 0   Max: 6.5
Current: -6
0
6.5
EPS Growth (%) -10.9
MHGC's EPS Growth (%) is ranked higher than
87% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 4.10 vs. MHGC: -10.9 )
MHGC' s 10-Year EPS Growth (%) Range
Min: 0   Max: 95.3
Current: -10.9
0
95.3
ยป MHGC's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

MHGC Guru Trades in Q2 2012

Jean-Marie Eveillard 15,084 sh (New)
Mario Gabelli 228,900 sh (+9.57%)
Louis Moore Bacon Sold Out
Jim Simons 39,803 sh (-28.28%)
» More
Q3 2012

MHGC Guru Trades in Q3 2012

Mario Gabelli 239,900 sh (+4.81%)
Jean-Marie Eveillard Sold Out
Jim Simons Sold Out
» More
Q4 2012

MHGC Guru Trades in Q4 2012

Mario Gabelli 239,900 sh (unchged)
» More
Q1 2013

MHGC Guru Trades in Q1 2013

Jim Simons 23,600 sh (New)
Mario Gabelli 260,900 sh (+8.75%)
» More
» Details

Insider Trades

Latest Guru Trades with MHGC

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Jean-Marie Eveillard 2012-09-30 Sold Out $4.5 - $6.43 $ 6.9636%0
Jean-Marie Eveillard 2012-06-30 New Buy$3.86 - $5.06 $ 6.9650%15084
Mario Gabelli 2011-06-30 Add 51.74%$6.86 - $9.72 $ 6.96-13%169800
Ron Baron 2011-03-31 Sold Out $8.13 - $11.07 $ 6.96-25%0
Ron Baron 2010-12-31 Reduce -26.37%$6.92 - $9.81 $ 6.96-13%10050
Mario Gabelli 2010-09-30 Add 52.63%$5.49 - $7.85 $ 6.961%133400
Mario Gabelli 2010-06-30 Reduce -31.93%$6.01 - $8.91 $ 6.96-3%87400
Ron Baron 2010-03-31 New Buy$3.91 - $6.37 $ 6.9651%10800
Jean-Marie Eveillard 2010-03-31 Sold Out $3.91 - $6.37 $ 6.9651%0
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/S 1.12
MHGC's P/S is ranked higher than
62% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 1.18 vs. MHGC: 1.12 )
MHGC' s 10-Year P/S Range
Min: 0.19   Max: 2.77
Current: 1.12
0.19
2.77
EV-to-EBIT 76.9
MHGC's EV-to-EBIT is ranked higher than
51% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 17.60 vs. MHGC: 76.9 )
MHGC' s 10-Year EV-to-EBIT Range
Min: 4.3   Max: 57.1
Current: 76.9
4.3
57.1

Valuation & Return

vs
industry		 vs
history
Price/Median PS Value 1.2
MHGC's Price/Median PS Value is ranked higher than
86% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 0.90 vs. MHGC: 1.2 )
MHGC' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.1
Current: 1.2
0.5
2.1
Earnings Yield (Greenblatt) 1.30
MHGC's Earnings Yield (Greenblatt) is ranked higher than
71% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 5.60 vs. MHGC: 1.30 )
MHGC' s 10-Year Earnings Yield (Greenblatt) Range
Min: 1.3   Max: 23.1
Current: 1.3
1.3
23.1
Forward Rate of Return (Yacktman) -11.74
MHGC's Forward Rate of Return (Yacktman) is ranked higher than
62% of the 343 Companies
in the Global Lodging industry.

( Industry Median: 3.26 vs. MHGC: -11.74 )
MHGC' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -18.1   Max: -14.3
Current: -11.74
-18.1
-14.3

Business Description

Morgans Hotel Group Co. was incorporated in the state of Delaware in October 2005. The company is a fully integrated lifestyle hospitality company that operates, owns, acquires, develops and redevelops boutique hotels, primarily in gateway cities and select resort markets in the United States, Europe and other international locations, and nightclubs, restaurants, bars and other food and beverage venues in many of the hotels it operate as well as in hotels and casinos operated by MGM Resorts International ('MGM') in Las Vegas. The company operates a portfolio of twelve boutique hotels in New York, Miami, Los Angeles, San Francisco, Boston, and London and also manages a non-Morgans Hotel Group branded hotel in Playa del Carmen, Mexico. It also own, or have ownership interests in, several of these hotels. At December 31, 2011, its portfolio of Morgans Hotel Group branded hotel properties and food and beverage operations and entities consisted of: three hotels that it own and manage ('Owned Hotels'), consisting of Hudson in New York, Delano South Beach in Miami Beach, and Clift in San Francisco, comprising approximately 1,400 rooms; four hotels that it is partially own and manage pursuant to long-term management agreements; ix hotels that it manages pursuant to long-term management agreements with no ownership interest ('Managed Hotels'), consisting of Royalton and Morgans in New York, Mondrian in Los Angeles, Sanderson and St Martins Lane in London, and Hotel Las Palapas in Playa del Carmen, Mexico, comprising approximately 950 rooms. The company is subject to numerous United States and international laws, including laws governing employees in its hotels in such areas as minimum wage and maximum working hours, overtime, working conditions, hiring and firing employees and work permits.
Company Website
SEC Reports
Industry: Lodging
Compare:MAR, CHH, ACRFF, IHG, SHALY
ยป More Articles for MHGC

Headlines

Articles On GuruFocus.com
MORGANS HOTEL GROUP CO. Reports Operating Results (10-K) Mar 16 2011 
MORGANS HOTEL GROUP CO. Reports Operating Results (10-Q) Nov 09 2010 
Triple Buy Companies: Peerless Systems Corp., Morgans Hotel Group, Hillenbrand Inc, Edgewater Techno Mar 25 2010 
MORGANS HOTEL GROUP CO. Reports Operating Results (10-Q) Nov 06 2009 
MORGANS HOTEL GROUP CO. Reports Operating Results (10-Q) Aug 10 2009 
Morgans Hotel Group Co. Reports Operating Results (10-Q) May 08 2009 

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