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

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

BAIN (€104.5) is trading above our estimate of [[fair value]] (€35.07)

Is BAIN 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 BAIN when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BAIN (€104.5) is trading above our estimate of fair value (€35.07)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for BAIN. This is calculated by dividing BAIN's market cap by their current earnings.
What is BAIN's PE Ratio?
PE Ratio	24.6x
Earnings	€103.94m
Market Cap	€2.56b

BAIN 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	3.4x
Enterprise Value/EBITDA	16.2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for BAIN 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	17.8x
FDJ La Française des Jeux Société anonyme	16.1x	4.6%	€7.4b
PARP Groupe Partouche	27.7x	n/a	€202.9m
FCMC Société Fermière du Casino Municipal de Cannes	10.7x	n/a	€233.3m
SW Sodexo	16.5x	8.5%	€12.2b
BAIN Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco	24.6x	n/a	€2.6b

Price-To-Earnings vs Peers: BAIN is expensive based on its Price-To-Earnings Ratio (24.6x) compared to the peer average (17.8x).

Price to Earnings Ratio vs Industry

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

10 Companies	Price / Earnings	Estimated Growth	Market Cap

10 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: BAIN is expensive based on its Price-To-Earnings Ratio (24.6x) compared to the European Hospitality industry average (17x).

Price to Earnings Ratio vs Fair Ratio

What is BAIN'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.

BAIN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	24.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BAIN'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.