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Société Fermière du Casino Municipal de Cannes

Market Cap

€240.0m

Last Updated

2021/05/15 20:33 UTC

Data Sources

Company Financials

Executive Summary

Société Fermière du Casino Municipal de Cannes operates casinos and hotels in France. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.

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: Insufficient data to determine FCMC's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine FCMC's volatility change over the past year.


Market Performance


7 Day Return

0%

FCMC

-1.1%

FR Hospitality

-0.2%

FR Market


1 Year Return

26.9%

FCMC

50.4%

FR Hospitality

48.4%

FR Market

Return vs Industry: FCMC underperformed the French Hospitality industry which returned 50.4% over the past year.

Return vs Market: FCMC underperformed the French Market which returned 48.4% over the past year.


Shareholder returns

FCMCIndustryMarket
7 Day0%-1.1%-0.2%
30 Day8.7%0.3%2.6%
90 Day14.2%12.1%11.0%
1 Year26.9%26.9%51.0%50.4%52.3%48.4%
3 Year-9.3%-12.7%-13.0%-16.8%26.2%15.3%
5 Year2.7%-1.2%-4.1%-12.7%78.4%55.3%

Long-Term 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

Valuation

Is Société Fermière du Casino Municipal de Cannes undervalued compared to its fair value and its price relative to the market?

0.92x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate FCMC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate FCMC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: FCMC is unprofitable, so we can't compare its PE Ratio to the European Hospitality industry average.

PE vs Market: FCMC is unprofitable, so we can't compare its PE Ratio to the French market.


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 (0.9x) compared to the FR Hospitality industry average (1.1x).


Future Growth

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?

58.3%

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.


Past Performance

How has Société Fermière du Casino Municipal de Cannes performed over the past 5 years?

-14.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FCMC is currently unprofitable.

Growing Profit Margin: FCMC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FCMC is unprofitable, and losses have increased over the past 5 years at a rate of 14% per year.

Accelerating Growth: Unable to compare FCMC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FCMC is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (1.6%).


Return on Equity

High ROE: FCMC has a negative Return on Equity (-4.97%), as it is currently unprofitable.


Financial Health

How is Société Fermière du Casino Municipal de Cannes's financial position?


Financial Position Analysis

Short Term Liabilities: FCMC's short term assets (€30.2M) do not cover its short term liabilities (€43.7M).

Long Term Liabilities: FCMC's short term assets (€30.2M) do not cover its long term liabilities (€117.9M).


Debt to Equity History and Analysis

Debt Level: FCMC's debt to equity ratio (7.8%) is considered satisfactory.

Reducing Debt: FCMC's debt to equity ratio has increased from 1.5% to 7.8% over the past 5 years.

Debt Coverage: FCMC's debt is not well covered by operating cash flow (4.4%).

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


Balance Sheet


Dividend

What is Société Fermière du Casino Municipal de Cannes's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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


Stability and Growth of Payments

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.3yrs

Average board tenure


CEO

Alain Fabre

13.33yrs

Tenure

€271,854

Compensation

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: Insufficient data to establish whether Alain's total compensation is reasonable compared to companies of similar size in the French market.

Compensation vs Earnings: Alain's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: FCMC's board of directors are considered experienced (9.3 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Société Fermière du Casino Municipal de Cannes's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Société Fermière du Casino Municipal de Cannes
  • Ticker: FCMC
  • Exchange: ENXTPA
  • Founded: 1919
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: €239.999m
  • Shares outstanding: 175.18k
  • Website: https://www.groupesfcmc.com

Number of Employees


Location

  • Société Fermière du Casino Municipal de Cannes
  • 1 espace Lucien Barrière
  • Cannes
  • Provence-Alpes-Côte d'Azur
  • 6400
  • France

Listings


Biography

Société Fermière du Casino Municipal de Cannes operates casinos and hotels in France. The company operates 3 hotels with 565 rooms, suites, and cottages under the Hôtel Barrière Le Majestic, the Hôtel Barr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/15 20:33
End of Day Share Price2021/05/04 00:00
Earnings2020/10/31
Annual Earnings2020/10/31


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.