Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco Valuation

Is RJ8 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of RJ8 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: RJ8 (€103) is trading above our estimate of fair value (€54.3)

Significantly Below Fair Value: RJ8 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for RJ8?

Key metric: As RJ8 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for RJ8. This is calculated by dividing RJ8's market cap by their current earnings.
What is RJ8's PE Ratio?
PE Ratio	23x
Earnings	€112.09m
Market Cap	€2.57b

RJ8 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.2x
Enterprise Value/EBITDA	15.4x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does RJ8's PE Ratio compare to its peers?

The above table shows the PE ratio for RJ8 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	15x
TIMA ZEAL Network	20.3x	-4.5%	€955.1m
TUI1 TUI	7.1x	17.3%	€3.8b
PTEC Playtech	23.9x	18.5%	UK£2.2b
A035250 Kangwon Land	8.7x	-12.3%	₩3.7t
RJ8 Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco	23x	n/a	€2.6b

Price-To-Earnings vs Peers: RJ8 is expensive based on its Price-To-Earnings Ratio (23x) compared to the peer average (15x).

Price to Earnings Ratio vs Industry

How does RJ8's PE Ratio compare vs other companies in the European Hospitality Industry?

11 Companies	Price / Earnings	Estimated Growth	Market Cap

11 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: RJ8 is expensive based on its Price-To-Earnings Ratio (23x) compared to the European Hospitality industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is RJ8's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

RJ8 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate RJ8's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.