ENXTPA:BAIN

Stock Analysis Report

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

Executive Summary

Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco operates in the gaming, hotels, and rental sectors in Monaco.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-1.4%

BAIN

0.5%

FR Hospitality

1.6%

FR Market


1 Year Return

3.4%

BAIN

1.8%

FR Hospitality

9.6%

FR Market

Return vs Industry: BAIN exceeded the French Hospitality industry which returned 1.8% over the past year.

Return vs Market: BAIN underperformed the French Market which returned 9.6% over the past year.


Shareholder returns

BAINIndustryMarket
7 Day-1.4%0.5%1.6%
30 Day-3.5%-3.0%0.6%
90 Day-0.4%-2.9%0.6%
1 Year3.4%3.4%4.6%1.8%13.4%9.6%
3 Year83.3%83.3%4.0%-4.7%42.9%29.1%
5 Year29.0%23.1%38.0%15.9%71.1%45.2%

Price Volatility Vs. Market

How volatile is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco undervalued compared to its fair value and its price relative to the market?

521.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate BAIN's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate BAIN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BAIN is poor value based on its PE Ratio (521.3x) compared to the Hospitality industry average (23x).

PE vs Market: BAIN is poor value based on its PE Ratio (521.3x) compared to the French market (17.4x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate BAIN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BAIN is overvalued based on its PB Ratio (2.2x) compared to the FR Hospitality industry average (1.6x).


Next Steps

Future Growth

How is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.1%

Forecasted Consumer Services industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco performed over the past 5 years?

-16.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BAIN's earnings have declined by -16.1% per year over the past 5 years.

Accelerating Growth: BAIN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: BAIN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Hospitality industry (-13.9%).


Return on Equity

High ROE: BAIN's Return on Equity (0.4%) is considered low.


Return on Assets

ROA vs Industry: BAIN's Return on Assets is below or equal to the Hospitality industry average last year.


Return on Capital Employed

ROCE Improving: BAIN is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's financial position?


Financial Position Analysis

Short Term Liabilities: BAIN's short term assets (€211.2M) do not cover its short term liabilities (€271.7M)

Long Term Liabilities: BAIN's short term assets (211.2M) do not cover its long term liabilities (491.5M)


Debt to Equity History and Analysis

Debt Level: BAIN's debt to equity ratio (39%) is considered satisfactory

Reducing Debt: BAIN's debt to equity ratio has increased from 13.7% to 39% over the past 5 years.

Debt Coverage: BAIN's debt is well covered by operating cash flow (47.8%).

Interest Coverage: Insufficient data to determine if BAIN's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: BAIN has a high level of physical assets or inventory.

Debt Coverage by Assets: BAIN's debt is not covered by short term assets (assets are 0.9x debt).


Next Steps

Dividend

What is Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.5%markettop25%4.6%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate BAIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BAIN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BAIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BAIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BAIN is not paying a notable dividend for the French market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BAIN's dividend in 3 years as they are not forecast to pay a notable one for the French market.


Next Steps

Management

What is the CEO of Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's salary, the management and board of directors tenure and is there insider trading?

11.7yrs

Average board tenure


CEO

Jean-Luc Biamonti (66yo)

6.8yrs

Tenure

€989,500

Compensation

Mr. Jean-Luc Biamonti is the Chairman of Calcium Capital SAS. He founded the firm. He was Partner at the firm. From 2003 to 2008, he served as the Managing Director of The Goldman Sachs Group Inc. Mr. Biam ...


CEO Compensation Analysis

Compensation vs. Market: Jean-Luc's total compensation ($USD1.10M) is about average for companies of similar size in the French market ($USD1.15M).

Compensation vs Earnings: Jean-Luc's compensation has been consistent with company performance over the past year.


Board Age and Tenure

11.7yrs

Average Tenure

66yo

Average Age

Experienced Board: BAIN's board of directors are seasoned and experienced ( 11.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Jean-Luc Biamonti (66yo)

    Chairman of the Board & CEO

    • Tenure: 6.8yrs
    • Compensation: €989.50k
  • Yves Toytot

    Deputy CEO of Finance & Head of Investor Relations

    • Tenure: 0yrs
  • Emmanuel van Peteghem

    General Secretary

    • Tenure: 0yrs

Board Members

  • Alexandre Keusseoglou

    Director

    • Tenure: 18.8yrs
    • Compensation: €66.50k
  • Nicolas Bazire (62yo)

    Director

    • Tenure: 0yrs
    • Compensation: €14.00k
  • William Timmins (71yo)

    Director

    • Tenure: 8.6yrs
    • Compensation: €19.75k
  • Jean-Luc Biamonti (66yo)

    Chairman of the Board & CEO

    • Tenure: 6.8yrs
    • Compensation: €989.50k
  • Thierry Lacoste

    Director

    • Tenure: 13.3yrs
    • Compensation: €22.75k
  • Pierre Svara

    Director

    • Tenure: 10.1yrs
    • Compensation: €19.75k
  • Michel Dotta

    Director

    • Tenure: 9.8yrs
    • Compensation: €21.50k
  • Michael Mecca

    Director

    • Tenure: 0yrs
    • Compensation: €12.00k
  • Laurent Nouvion

    Director

    • Tenure: 0yrs
    • Compensation: €14.00k
  • Christophe Navarre

    Director

    • Tenure: 0yrs

Company Information

Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco
  • Ticker: BAIN
  • Exchange: ENXTPA
  • Founded: 1863
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: €1.344b
  • Shares outstanding: 24.52m
  • Website: https://www.montecarlosbm.com

Number of Employees


Location

  • Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco
  • B.P. 139 Place du Casino
  • Monaco
  • 98000
  • Monaco

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RJ8DB (Deutsche Boerse AG)YesCommon StockDEEURJan 1992
BAINENXTPA (Euronext Paris)YesCommon StockFREURJan 1992
BMRM.FOTCPK (Pink Sheets LLC)YesCommon StockUSUSDJan 1992
BAINPBATS-CHIXE (BATS 'Chi-X Europe')YesCommon StockGBEURJan 1992

Biography

Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco operates in the gaming, hotels, and rental sectors in Monaco. The company operates casinos; hotels; restaurants; lounge bars and nightcl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 20:35
End of Day Share Price2019/10/17 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.