ENXTPA:GREV

Stock Analysis Report

Executive Summary

Musée Grévin SA engages in the operation of wax museum in Paris, France.

Snowflake

Fundamentals

Concerning outlook with worrying balance sheet.

Share Price & News

How has Musée Grévin's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.0%

GREV

-1.9%

FR Hospitality

-0.4%

FR Market


1 Year Return

-15.1%

GREV

1.9%

FR Hospitality

9.5%

FR Market

Return vs Industry: GREV underperformed the French Hospitality industry which returned 1.9% over the past year.

Return vs Market: GREV underperformed the French Market which returned 9.5% over the past year.


Shareholder returns

GREVIndustryMarket
7 Day-3.0%-1.9%-0.4%
30 Day2.4%-3.8%-1.0%
90 Day0%-4.5%-0.2%
1 Year-12.9%-15.1%4.8%1.9%13.3%9.5%
3 Year-13.7%-18.1%3.3%-5.4%42.5%28.7%
5 Year-22.2%-31.3%37.7%15.3%71.0%45.0%

Price Volatility Vs. Market

How volatile is Musée Grévin's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Musée Grévin undervalued compared to its fair value and its price relative to the market?

35.05x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: GREV (€64.5) is trading above our estimate of fair value (€22.01)

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


Price To Earnings Ratio

PE vs Industry: GREV is poor value based on its PE Ratio (35.1x) compared to the Hospitality industry average (23.1x).

PE vs Market: GREV is poor value based on its PE Ratio (35.1x) compared to the French market (17.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: GREV is overvalued based on its PB Ratio (4.6x) compared to the FR Hospitality industry average (1.6x).


Next Steps

Future Growth

How is Musée Grévin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GREV's forecast earnings growth (2.8% per year) is above the savings rate (0.7%).

Earnings vs Market: GREV's earnings (2.8% per year) are forecast to grow slower than the French market (11.5% per year).

High Growth Earnings: GREV's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if GREV's revenue is forecast to grow faster than the French market.

High Growth Revenue: Insufficient data to determine if GREV's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if GREV's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Musée Grévin performed over the past 5 years?

-34.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GREV's earnings have declined by -34.7% per year over the past 5 years.

Accelerating Growth: GREV's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: GREV had negative earnings growth (-89.2%) over the past year, making it difficult to compare to the Hospitality industry average (-13.9%).


Return on Equity

High ROE: GREV's Return on Equity (2.1%) is considered low.


Return on Assets

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


Return on Capital Employed

ROCE Improving: GREV's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Musée Grévin's financial position?


Financial Position Analysis

Short Term Liabilities: GREV's short term assets (€1.8M) do not cover its short term liabilities (€3.2M)

Long Term Liabilities: GREV's short term assets (1.8M) do not cover its long term liabilities (4.5M)


Debt to Equity History and Analysis

Debt Level: GREV's debt to equity ratio (57.4%) is considered high

Reducing Debt: Insufficient data to determine if GREV's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if GREV's debt is well covered by operating cash flow.

Interest Coverage: GREV's interest payments on its debt are well covered by EBIT (79.5x coverage).


Balance Sheet

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

Debt Coverage by Assets: GREV's debt is not covered by short term assets (assets are 0.5x debt).


Next Steps

Dividend

What is Musée Grévin's current dividend yield, its reliability and sustainability?

2.85%

Current Dividend Yield


Dividend Yield vs Market

company2.9%marketbottom25%1.5%markettop25%4.7%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: GREV's dividend (2.85%) is higher than the bottom 25% of dividend payers in the French market (1.54%).

High Dividend: GREV's dividend (2.85%) is low compared to the top 25% of dividend payers in the French market (4.73%).

Stable Dividend: GREV's dividend payments have been volatile in the past 10 years.

Growing Dividend: GREV's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (100%), GREV's dividend payments are not well 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.


Next Steps

Management

What is the CEO of Musée Grévin's salary, the management and board of directors tenure and is there insider trading?

5.0yrs

Average board tenure


CEO

Yves Delhommeau 0

0yrs

Tenure

€135,347

Compensation

Mr. Yves Delhommeau serves as Chief Executive Officer at Musee Grevin. He served as Deputy Chief Executive Officer since May 27, 2016. 


CEO Compensation Analysis

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

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


Board Age and Tenure

5.0yrs

Average Tenure

Experienced Board: GREV's board of directors are considered experienced (5 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.


Management Team

  • Yves Delhommeau

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: €135.35k

Board Members

  • Denis Hermesse (50yo)

    Director

    • Tenure: 4.1yrs
    • Compensation: €273.97k
  • François Fassier (55yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: €297.40k
  • Béatrice de Reyniès

    Chairwomen

    • Tenure: 7.4yrs
    • Compensation: €167.91k
  • Martine Varlet

    Director

    • Tenure: 3.6yrs
    • Compensation: €165.28k

Company Information

Musée Grévin SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Musée Grévin SA
  • Ticker: GREV
  • Exchange: ENXTPA
  • Founded: 1882
  • Industry: Leisure Facilities
  • Sector: Consumer Services
  • Market Cap: €32.461m
  • Shares outstanding: 503.26k
  • Website: https://www.grevin.com

Number of Employees


Location

  • Musée Grévin SA
  • 10, Boulevard Montmartre
  • Paris
  • Ile-de-France
  • 75009
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GREVENXTPA (Euronext Paris)YesOrdinary SharesFREURJan 1992

Biography

Musée Grévin SA engages in the operation of wax museum in Paris, France. The company was founded in 1882 and is headquartered in Paris, France. Musée Grévin SA is a subsidiary of Compagnie des Alpes SA. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/21 20:41
End of Day Share Price2019/10/21 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.