Fermiere du Casino Municipal Cannes SA
PAR:FCMC

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Fermiere du Casino Municipal Cannes SA Logo
Fermiere du Casino Municipal Cannes SA
PAR:FCMC
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Price: 2 320 EUR 1.75%
Market Cap: €371.2m

P/B

1.1
Current
20%
More Expensive
vs 3-y average of 1

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
€369m
/
Total Equity
€319m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1.1
=
Market Cap
€369m
/
Total Equity
€319m

Valuation Scenarios

Fermiere du Casino Municipal Cannes SA is trading above its 3-year average

If P/B returns to its 3-Year Average (1), the stock would be worth €1 927.3 (17% downside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-19%
Maximum Upside
+40%
Average Upside
8%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1.1 €2 320
0%
3-Year Average 1 €1 927.3
-17%
5-Year Average 0.9 €1 883.12
-19%
Industry Average 1.6 €3 251.25
+40%
Country Average 1.5 €2 981.01
+28%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
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Market Distribution

In line with most companies in France
Percentile
38th
Based on 1 681 companies
38th percentile
1.1
Low
0 — 0.9
Typical Range
0.9 — 2.6
High
2.6 —
Distribution Statistics
France
Min 0
30th Percentile 0.9
Median 1.5
70th Percentile 2.6
Max 185.9

Fermiere du Casino Municipal Cannes SA
Glance View

Société Fermière du Casino Municipal de Cannes SA engages in the operation of casinos, hotels, restaurants, and spas. The company is headquartered in Cannes, Paca and currently employs 738 full-time employees. The Company, which leases its facilities and equipment from Group Lucien Barriere, operates two casinos: Barriere de Cannes Croisette, and Barriere les Princes, and two hotels: a five-star Majestic, and a four-star Gray d'Albion. The firm also operates other leisure facilities, both on-site and in other locations, including restaurants, function and meeting rooms, swimming pools, tennis courts and a discotheque, and offers rental of shops. The SFCMC has five subsidiaries: Hotel Majestic (SIEHM), Hotel Gray d’Albion SA (HGAC), CASINO BARRIERE LES PRINCES (SCLC), SOCIETE D’EXPLOITATION DE LA PLAGE MAJESTIC (SEPM) and SCI 8 Cannes Croisette.

FCMC Intrinsic Value
2 499.82 EUR
Undervaluation 7%
Intrinsic Value
Price €2 320
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