HST HST

Name: HST Crucible Score
Creator: Kaladin Capital Intelligence

UnknownUnknownN/A📅 Scored April 5, 2026

Price at analysis: $19.14

Crucible Score

65.0

B-

Quality × Value Composite

KQI — Quality

64.7

B-

Fundamental Quality Index

KVI — Value

65.3

B-

Valuation Attractiveness Index

Crucible Verdict — HST

Host Hotels & Resorts (HST) trades at a modest discount to fair value despite solid financial quality metrics and performance-based compensation alignment. The REIT's growth profile lags at 59 and market positioning remains weak, reflecting lodging sector headwinds. Insider selling activity raises questions about management confidence despite the company's operational improvements and earnings consistency.

— Kal, Kaladin Capital Intelligence

◆ KQI Quality Dimensions

Financial Quality

70.6

Growth Profile

59.0

Moat Durability⚠

64.2

Management Effectiveness

67.9

Diversification & Resilience⚠

56.0

Market Position

54.0

Weakest dimension: Market Position (54.0)

◆ KVI Value Dimensions

DCF Margin of Safety

64.4

FCF Yield & Cash Returns

67.2

Relative Valuation

89.0

Growth-Adjusted Value

39.9

Historical Valuation

58.9

Macro Context

74.7

◆ DCF Valuation Scenarios

Bear Case

$14.82

Base Case

$21.37

Bull Case

$29.54

Price at Analysis

$19.14

Scenario	Fair Value	Rev CAGR (5yr)	Terminal Margin	WACC
🔴 Bear	$14.82	2.0%	12.0%	10.5%
🟢 Base	$21.37	3.5%	14.0%	9.9%
🟢 Bull	$29.54	5.0%	16.0%	9.3%

Key Assumptions: HST is a hotel REIT with revenue recovering from ~$2.9B trough to ~$6.1B, with operating margins stabilizing around 13-16%. WACC uses CAPM with 5.5% ERP given lodging cyclicality and REIT sector risk, yielding base WACC of ~9.9%. Capex intensity averages ~10.5% of revenue based on historical maintenance and renovation spending, with low effective tax rate typical of REIT structure. Bear case assumes lodging downturn with margin compression to 12%, base assumes steady growth at 3.5% revenue CAGR with 14% margins, and bull assumes continued recovery with 5% growth and margin expansion to 16%.

◆ Financial Snapshot

Profitability

Gross Margin39.7%

Operating Margin14.0%

Net Margin12.5%

ROIC6.2%

ROE7.7%

Balance Sheet

Balance SheetCR: 21.93

Cash ConversionFCF/EPS: 1.13x

Capital IntensityCapex/Rev: 10.5%

Altman Z-Score1.99 (Grey)

Piotroski F-Score7/9 (Good)

Growth

Revenue CAGR20.6% CAGR

Earnings CAGR-4.5% CAGR

Growth ConsistencyCV: 3.63

Segment Breadth3/3 growing (100%)

Quarterly TrendRev∆, Margin↓↓, WC↓, Exp↓

Earnings CredibilityConsistent Beater

◆ Analyst Consensus & Leadership

Leadership & Governance

CEO Ownership19.9%

Compensation90% performance-based

Insider ActivitySelling

Capital AllocationROIC 6.2% vs WACC 3.3%

Earnings Beat Rate67% (14/22)

◆ Related Companies in Our Universe

Other Unknown companies scored by the Crucible:

ADBE81.8A-NICE80.7A-DECK79.9A-INTU79.9A-EXEL78.3A-MTCH78.2A-TTD78.0B+

Methodology All Scores Crucible Briefs Performance @KaladinCI

Analysis conducted April 5, 2026 based on most recent SEC filings. Updated quarterly, after new SEC filings.

Point-in-time fundamental analysis. Not investment advice. Scores reflect company quality and valuation at time of analysis and may not reflect current market conditions.