ENXTPA:BASS

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BASSAC Société anonyme

Executive Summary

BASSAC Société anonyme provides real-estate development services in France, Germany, and Spain. More Details


Snowflake Analysis

6 star dividend payer with excellent balance sheet.


Similar Companies

Share Price & News

How has BASSAC Société anonyme's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BASS has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

BASS

1.0%

FR Real Estate

1.3%

FR Market


1 Year Return

-2.2%

BASS

-15.5%

FR Real Estate

-5.7%

FR Market

Return vs Industry: BASS exceeded the French Real Estate industry which returned -15.5% over the past year.

Return vs Market: BASS exceeded the French Market which returned -5.7% over the past year.


Shareholder returns

BASSIndustryMarket
7 Day-0.2%1.0%1.3%
30 Day2.7%2.6%2.9%
90 Day27.9%3.3%3.1%
1 Year4.5%-2.2%-11.6%-15.5%-3.7%-5.7%
3 Year11.5%-6.4%-5.1%-17.0%10.6%1.0%
5 Year314.7%221.9%58.7%30.5%45.3%25.8%

Price Volatility Vs. Market

How volatile is BASSAC Société anonyme's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BASSAC Société anonyme undervalued compared to its fair value and its price relative to the market?

8.23x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: BASS (€49.9) is trading above our estimate of fair value (€42.19)

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


Price To Earnings Ratio

PE vs Industry: BASS is good value based on its PE Ratio (8.2x) compared to the FR Real Estate industry average (9.5x).

PE vs Market: BASS is good value based on its PE Ratio (8.2x) compared to the French market (17.2x).


Price to Earnings Growth Ratio

PEG Ratio: BASS's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: BASS is overvalued based on its PB Ratio (1.6x) compared to the FR Real Estate industry average (1x).


Next Steps

Future Growth

How is BASSAC Société anonyme forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

-7.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: BASS's earnings are forecast to decline over the next 3 years (-7.7% per year).

Earnings vs Market: BASS's earnings are forecast to decline over the next 3 years (-7.7% per year).

High Growth Earnings: BASS's earnings are forecast to decline over the next 3 years.

Revenue vs Market: BASS's revenue is expected to decline over the next 3 years (-0.4% per year).

High Growth Revenue: BASS's revenue is forecast to decline over the next 3 years (-0.4% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has BASSAC Société anonyme performed over the past 5 years?

26.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BASS has high quality earnings.

Growing Profit Margin: BASS's current net profit margins (10%) are lower than last year (11.7%).


Past Earnings Growth Analysis

Earnings Trend: BASS's earnings have grown significantly by 26% per year over the past 5 years.

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

Earnings vs Industry: BASS had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Real Estate industry average (6.9%).


Return on Equity

High ROE: BASS's Return on Equity (19.9%) is considered low.


Next Steps

Financial Health

How is BASSAC Société anonyme's financial position?


Financial Position Analysis

Short Term Liabilities: BASS's short term assets (€1.0B) exceed its short term liabilities (€587.0M).

Long Term Liabilities: BASS's short term assets (€1.0B) exceed its long term liabilities (€145.9M).


Debt to Equity History and Analysis

Debt Level: BASS's debt to equity ratio (59.9%) is considered high.

Reducing Debt: BASS's debt to equity ratio has reduced from 61.4% to 59.9% over the past 5 years.

Debt Coverage: BASS's debt is well covered by operating cash flow (64.1%).

Interest Coverage: BASS's interest payments on its debt are well covered by EBIT (18.9x coverage).


Balance Sheet


Next Steps

Dividend

What is BASSAC Société anonyme current dividend yield, its reliability and sustainability?

5.01%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: BASS's dividend (5.01%) is higher than the bottom 25% of dividend payers in the French market (1.55%).

High Dividend: BASS's dividend (5.01%) is in the top 25% of dividend payers in the French market (4.97%)


Stability and Growth of Payments

Stable Dividend: BASS's dividends per share have been stable in the past 10 years.

Growing Dividend: BASS's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.2%), BASS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: BASS's dividends in 3 years are forecast to be well covered by earnings (47.7% payout ratio).


Next Steps

  • Explore strong dividend paying companies in the Real Estate industry.

Management

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

5.8yrs

Average board tenure


CEO

Moïse Mitterrand

no data

Tenure

€686,952

Compensation

Mr. Moise Mitterrand has been the Chairman of the Management Board and Member of the Management Board at Les Nouveaux Constructeurs Société Anonyme since May 24, 2013 and January 1, 2011 respectively. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Moïse's total compensation ($USD813.63K) is above average for companies of similar size in the French market ($USD575.75K).

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


Board Members

NamePositionTenureCompensationOwnership
Olivier Mitterrand
Founder & Chairman of Supervisory Board7.33yrs€300.50k0.059%
€ 471.6k
Marie Mitterrand-Martin
Head of Communication & Member of the Supervisory Board7.33yrs€36.70kno data
Patrick Bertin
2.33yrsno datano data
Genevière Vaudelin-Martin
Independent Vice Chairman of Supervisory Boardno data€82.16kno data
Fabrice Paget-Domet
Independent Member of the Supervisory Board4.33yrs€15.00kno data

5.8yrs

Average Tenure

Experienced Board: BASS's board of directors are considered experienced (5.8 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

BASSAC Société anonyme's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BASSAC Société anonyme
  • Ticker: BASS
  • Exchange: ENXTPA
  • Founded: 1972
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: €800.079m
  • Shares outstanding: 16.03m
  • Website: https://www.lesnouveauxconstructeurs.fr

Number of Employees


Location

  • BASSAC Société anonyme
  • 50 route de la Reine
  • Nanterre
  • Boulogne-Billancourt
  • Ile-de-France
  • 92100
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BASSENXTPA (Euronext Paris)YesCommon StockFREURNov 2006
0NELLSE (London Stock Exchange)YesCommon StockGBEURNov 2006

Biography

BASSAC Société anonyme provides real-estate development services in France, Germany, and Spain. It offers homes and apartments. The company was founded in 1972 and is based in Boulogne-Billancourt, France. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/18 03:43
End of Day Share Price2020/09/17 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.