Société Fermière du Casino Municipal de Cannes operates casinos and hotels in France. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Société Fermière du Casino Municipal de Cannes's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FCMC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how FCMC performed against the French Hospitality industry.
Return vs Market: Insufficient data to determine how FCMC performed against the French Market.
Price Volatility Vs. Market
How volatile is Société Fermière du Casino Municipal de Cannes's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StReturns On Capital At Société Fermière du Casino Municipal de Cannes (EPA:FCMC) Paint An Interesting Picture
3 months ago | Simply Wall StDoes It Make Sense To Buy Société Fermière du Casino Municipal de Cannes (EPA:FCMC) For Its Yield?
4 months ago | Simply Wall StVolatility 101: Should Société Fermière du Casino Municipal de Cannes (EPA:FCMC) Shares Have Dropped 18%?
Is Société Fermière du Casino Municipal de Cannes undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: FCMC (€1040) is trading above our estimate of fair value (€372.41)
Significantly Below Fair Value: FCMC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: FCMC is good value based on its PE Ratio (12.7x) compared to the FR Hospitality industry average (14.2x).
PE vs Market: FCMC is good value based on its PE Ratio (12.7x) compared to the French market (18.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate FCMC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: FCMC is good value based on its PB Ratio (0.7x) compared to the FR Hospitality industry average (1.1x).
How is Société Fermière du Casino Municipal de Cannes forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Fermière du Casino Municipal de Cannes 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.
- Examine whether Société Fermière du Casino Municipal de Cannes is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Société Fermière du Casino Municipal de Cannes competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
How has Société Fermière du Casino Municipal de Cannes performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FCMC has high quality earnings.
Growing Profit Margin: FCMC's current net profit margins (11.3%) are lower than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: FCMC's earnings have grown by 8% per year over the past 5 years.
Accelerating Growth: FCMC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FCMC had negative earnings growth (-32.1%) over the past year, making it difficult to compare to the Hospitality industry average (-4.7%).
Return on Equity
High ROE: FCMC's Return on Equity (5.3%) is considered low.
How is Société Fermière du Casino Municipal de Cannes's financial position?
Financial Position Analysis
Short Term Liabilities: FCMC's short term assets (€55.1M) exceed its short term liabilities (€40.6M).
Long Term Liabilities: FCMC's short term assets (€55.1M) do not cover its long term liabilities (€71.0M).
Debt to Equity History and Analysis
Debt Level: FCMC's debt to equity ratio (0.3%) is considered satisfactory.
Reducing Debt: FCMC's debt to equity ratio has reduced from 7.2% to 0.3% over the past 5 years.
Debt Coverage: FCMC's debt is well covered by operating cash flow (2491.4%).
Interest Coverage: FCMC earns more interest than it pays, so coverage of interest payments is not a concern.
What is Société Fermière du Casino Municipal de Cannes's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: FCMC's dividend (4.04%) is higher than the bottom 25% of dividend payers in the French market (1.5%).
High Dividend: FCMC's dividend (4.04%) is low compared to the top 25% of dividend payers in the French market (5.18%).
Stability and Growth of Payments
Stable Dividend: FCMC's dividend payments have been volatile in the past 10 years.
Growing Dividend: FCMC's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.5%), FCMC's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Alain Fabre has been the Chief Executive Officer of Société Fermière du Casino Municipal de Cannes since 2008. Mr. Fabre serves as President at Société Casinotière du Littoral Cannois. He served as Chi ...
CEO Compensation Analysis
Compensation vs Market: Alain's total compensation ($USD0.00) is below average for companies of similar size in the French market ($USD505.38K).
Compensation vs Earnings: Alain's compensation has been consistent with company performance over the past year.
|CEO & Director||12.75yrs||€271.85k||no data|
|MD & Director||17.75yrs||€329.22k||no data|
|Independent Director||15.75yrs||€18.00k||no data|
|Director||8.75yrs||no data||no data|
|Chairman of the Board of Directors||23.75yrs||€232.72k||no data|
|Director||6.58yrs||no data||no data|
|Director||6.58yrs||no data||no data|
|Director||10.75yrs||no data||no data|
|Director||2.75yrs||no data||no data|
Experienced Board: FCMC's board of directors are seasoned and experienced ( 11.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Société Fermière du Casino Municipal de Cannes's company bio, employee growth, exchange listings and data sources
- Name: Société Fermière du Casino Municipal de Cannes
- Ticker: FCMC
- Exchange: ENXTPA
- Founded: 1919
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: €182.189m
- Shares outstanding: 175.18k
- Website: https://www.groupesfcmc.com
Number of Employees
- Société Fermière du Casino Municipal de Cannes
- 1, Espace Lucien Barrière
- Provence-Alpes-Côte d'Azur
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FCMC||ENXTPA (Euronext Paris)||Yes||Ordinary Shares||FR||EUR||Jan 1992|
|0O2U||LSE (London Stock Exchange)||Yes||Ordinary Shares||GB||EUR||Jan 1992|
|FCMCP||BATS-CHIXE (BATS 'Chi-X Europe')||Yes||Ordinary Shares||GB||EUR||Jan 1992|
Société Fermière du Casino Municipal de Cannes operates casinos and hotels in France. The company operates three hotels under the Hôtel Barrière Le Majestic and the Hôtel Barrière Le Gray d’Albion names; a ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/19 22:20|
|End of Day Share Price||2020/10/16 00:00|
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.