InterContinental Hotels Group PLC (ICHGF)
Consumer Cyclical · PNK
Fundamentals
Valuation and ratings
InterContinental Hotels Group PLC trades at USD156.41, which is 38% above the USD97.64 our discounted cash flow model puts on the business. On that measure it screens as expensive, which is not the same as saying it will fall.
Our moat model scores it 51 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 31.0 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
ICHGF dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | USD1.26 | 1 |
| 2025 | USD1.12 | 1 |
| 2024 | USD1.57 | 2 |
| 2023 | USD1.42 | 2 |
| 2022 | USD1.30 | 2 |
| 2019 | USD3.81 | 3 |
| 2016 | USD9.46 | 3 |
| 2015 | USD1.14 | 2 |
| 2014 | USD5.86 | 3 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
About InterContinental Hotels Group PLC
InterContinental Hotels Group PLC owns, manages, franchises, and leases hotels in the United Kingdom, the United States, and internationally. It operates hotels under the Six Senses, Regent, InterContinental Hotels & Resorts, Vignette Collection, Kimpton Hotel, Hotel Indigo, voco, Ruby, HUALUXE, Crowne Plaza, Iberostar Beachfront Resorts, EVEN Hotels, Holiday Inn Express, Holiday Inn, Garner, avid hotels, Atwell Suites, Staybridge Suites, IHG, Holiday Inn Club Vacations, and Candlewood Suites brand names. The company also provides IHG Rewards loyalty program. InterContinental Hotels Group PLC was formerly known as Six Continents PLC and changed its name to InterContinental Hotels Group PLC in June 2003. The company was founded in 1777 and is headquartered in Windsor, United Kingdom.
Common questions
Is InterContinental Hotels Group PLC (ICHGF) undervalued?
Against our discounted cash flow estimate of USD97.64, ICHGF at USD156.41 is 38% above fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
What is ICHGF's P/E ratio?
ICHGF trades at 31.0 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does InterContinental Hotels Group PLC (ICHGF) pay a dividend?
Yes. InterContinental Hotels Group PLC yields 1.22% at the current share price. It has paid USD1.26 per share over the trailing twelve months. It has paid a dividend in each of the last 4 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
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Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.