Bains Mer Monaco (BAIN) - Net Assets
Based on the latest financial reports, Bains Mer Monaco (BAIN) has net assets worth €1.72 Billion EUR (≈ $2.01 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.31 Billion ≈ $2.70 Billion USD) and total liabilities (€596.51 Million ≈ $697.38 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BAIN strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.72 Billion |
| % of Total Assets | 74.22% |
| Annual Growth Rate | -0.33% |
| 5-Year Change | 189.62% |
| 10-Year Change | 150.36% |
| Growth Volatility | 33.58 |
Bains Mer Monaco - Net Assets Trend (2000–2025)
This chart illustrates how Bains Mer Monaco's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see BAIN market cap overview.
Annual Net Assets for Bains Mer Monaco (2000–2025)
The table below shows the annual net assets of Bains Mer Monaco from 2000 to 2025. Also explore Bains Mer Monaco annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €1.64 Billion ≈ $1.92 Billion |
+4.85% |
| 2024-03-31 | €1.57 Billion ≈ $1.83 Billion |
+3.77% |
| 2023-03-31 | €1.51 Billion ≈ $1.77 Billion |
+131.20% |
| 2022-03-31 | €653.07 Million ≈ $763.51 Million |
+15.13% |
| 2021-03-31 | €567.24 Million ≈ $663.16 Million |
-12.78% |
| 2020-03-31 | €650.35 Million ≈ $760.33 Million |
+4.38% |
| 2019-03-31 | €623.06 Million ≈ $728.42 Million |
-0.27% |
| 2018-03-31 | €624.75 Million ≈ $730.40 Million |
-2.33% |
| 2017-03-31 | €639.63 Million ≈ $747.79 Million |
-2.52% |
| 2016-03-31 | €656.17 Million ≈ $767.13 Million |
-3.56% |
| 2015-03-31 | €680.36 Million ≈ $795.41 Million |
+36.41% |
| 2014-03-31 | €498.75 Million ≈ $583.09 Million |
-5.17% |
| 2013-03-31 | €525.93 Million ≈ $614.87 Million |
-8.13% |
| 2012-03-31 | €572.50 Million ≈ $669.31 Million |
-8.05% |
| 2011-03-31 | €622.59 Million ≈ $727.88 Million |
-3.52% |
| 2010-03-31 | €645.33 Million ≈ $754.46 Million |
+11.15% |
| 2009-03-31 | €580.58 Million ≈ $678.76 Million |
-12.35% |
| 2008-03-31 | €662.35 Million ≈ $774.36 Million |
+7.94% |
| 2007-03-31 | €613.66 Million ≈ $717.43 Million |
+8.24% |
| 2006-03-31 | €566.97 Million ≈ $662.84 Million |
+6.76% |
| 2005-03-31 | €531.09 Million ≈ $620.90 Million |
+39.12% |
| 2004-03-31 | €381.74 Million ≈ $446.30 Million |
+1.04% |
| 2003-03-31 | €377.81 Million ≈ $441.69 Million |
+2.36% |
| 2002-03-31 | €369.09 Million ≈ $431.51 Million |
-84.21% |
| 2001-03-31 | €2.34 Billion ≈ $2.73 Billion |
+30.86% |
| 2000-03-31 | €1.79 Billion ≈ $2.09 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Bains Mer Monaco's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 11013400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €110.13 Million | 6.70% |
| Common Stock | €24.52 Million | 1.49% |
| Other Comprehensive Income | €1.29 Billion | 78.74% |
| Other Components | €214.65 Million | 13.07% |
| Total Equity | €1.64 Billion | 100.00% |
Bains Mer Monaco Competitors by Market Cap
The table below lists competitors of Bains Mer Monaco ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Microwave Technology
TWO:3491
|
$3.27 Billion |
|
Kingsoft Cloud Holdings Ltd
NASDAQ:KC
|
$3.28 Billion |
|
CSSC Offshore & Marine Engineering Group Co Ltd
SHG:600685
|
$3.28 Billion |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733
|
$3.28 Billion |
|
Fujian Anjoy Foods Co Ltd
SHG:603345
|
$3.27 Billion |
|
Shenzhen InfoGem Technologies Co Ltd
SHE:300085
|
$3.27 Billion |
|
SEB SA
PA:SK
|
$3.27 Billion |
|
COFCO Capital Holdings Co Ltd
SHE:002423
|
$3.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bains Mer Monaco's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,566,788,000 to 1,642,822,000, a change of 76,034,000 (4.9%).
- Net income of 110,134,000 contributed positively to equity growth.
- Dividend payments of 36,900,000 reduced retained earnings.
- Other comprehensive income increased equity by 69,843,999.
- Other factors decreased equity by 67,043,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €110.13 Million | +6.7% |
| Dividends Paid | €36.90 Million | -2.25% |
| Other Comprehensive Income | €69.84 Million | +4.25% |
| Other Changes | €-67.04 Million | -4.08% |
| Total Change | €- | 4.85% |
Book Value vs Market Value Analysis
This analysis compares Bains Mer Monaco's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.05x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.55x to 2.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-03-31 | €20.99 | €137.50 | x |
| 2004-03-31 | €21.20 | €137.50 | x |
| 2005-03-31 | €29.50 | €137.50 | x |
| 2006-03-31 | €31.50 | €137.50 | x |
| 2007-03-31 | €34.03 | €137.50 | x |
| 2008-03-31 | €36.66 | €137.50 | x |
| 2009-03-31 | €32.13 | €137.50 | x |
| 2010-03-31 | €35.59 | €137.50 | x |
| 2011-03-31 | €34.28 | €137.50 | x |
| 2012-03-31 | €31.52 | €137.50 | x |
| 2013-03-31 | €28.95 | €137.50 | x |
| 2014-03-31 | €27.45 | €137.50 | x |
| 2015-03-31 | €37.20 | €137.50 | x |
| 2016-03-31 | €26.75 | €137.50 | x |
| 2017-03-31 | €26.07 | €137.50 | x |
| 2018-03-31 | €25.46 | €137.50 | x |
| 2019-03-31 | €25.38 | €137.50 | x |
| 2020-03-31 | €26.49 | €137.50 | x |
| 2021-03-31 | €23.11 | €137.50 | x |
| 2022-03-31 | €26.64 | €137.50 | x |
| 2023-03-31 | €61.59 | €137.50 | x |
| 2024-03-31 | €63.91 | €137.50 | x |
| 2025-03-31 | €67.01 | €137.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bains Mer Monaco utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 6.70%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.34%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.33x
- Recent ROE (6.70%) is above the historical average (4.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.67% | 7.00% | 0.53x | 1.51x | €-15.99 Million |
| 2003 | 3.54% | 4.18% | 0.57x | 1.49x | €-24.40 Million |
| 2004 | 2.20% | 2.63% | 0.56x | 1.48x | €-29.78 Million |
| 2005 | 4.42% | 7.03% | 0.46x | 1.37x | €-29.61 Million |
| 2006 | 5.29% | 8.47% | 0.45x | 1.40x | €-26.68 Million |
| 2007 | 8.73% | 13.51% | 0.50x | 1.30x | €-7.77 Million |
| 2008 | 14.15% | 20.47% | 0.53x | 1.30x | €27.46 Million |
| 2009 | 7.00% | 10.16% | 0.52x | 1.32x | €-17.38 Million |
| 2010 | 1.50% | 2.59% | 0.40x | 1.46x | €-54.83 Million |
| 2011 | -2.78% | -4.79% | 0.39x | 1.51x | €-79.56 Million |
| 2012 | -5.81% | -8.93% | 0.45x | 1.46x | €-90.49 Million |
| 2013 | -9.78% | -12.12% | 0.49x | 1.65x | €-103.97 Million |
| 2014 | 3.46% | 3.65% | 0.55x | 1.72x | €-32.60 Million |
| 2015 | 1.48% | 2.22% | 0.45x | 1.49x | €-57.96 Million |
| 2016 | -4.44% | -6.32% | 0.45x | 1.56x | €-94.73 Million |
| 2017 | -5.69% | -7.93% | 0.44x | 1.64x | €-100.30 Million |
| 2018 | -2.34% | -3.08% | 0.40x | 1.89x | €-77.01 Million |
| 2019 | 0.41% | 0.49% | 0.38x | 2.23x | €-59.65 Million |
| 2020 | 4.02% | 4.21% | 0.44x | 2.19x | €-38.82 Million |
| 2021 | -13.96% | -23.48% | 0.26x | 2.27x | €-135.76 Million |
| 2022 | 11.69% | 14.39% | 0.41x | 1.98x | €11.04 Million |
| 2023 | 59.36% | 134.37% | 0.32x | 1.36x | €745.22 Million |
| 2024 | 6.63% | 14.76% | 0.34x | 1.34x | €-52.73 Million |
| 2025 | 6.70% | 14.34% | 0.35x | 1.33x | €-54.15 Million |
Industry Comparison
This section compares Bains Mer Monaco's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $157,601,250
- Average return on equity (ROE) among peers: 9.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bains Mer Monaco (BAIN) | €1.72 Billion | 5.67% | 0.35x | $3.27 Billion |
| Ferm. Casino Mun. Canne (FCMC) | $211.13 Million | 7.33% | 0.63x | $353.17 Million |
| Hotel Majestic Cannes (MLHMC) | $38.99 Million | 22.92% | 0.49x | $361.67 Million |
| Groupe Partouche SA (PARP) | $367.59 Million | -1.89% | 1.38x | $173.63 Million |
| Soc Franc Casinos (SFCA) | $12.69 Million | 10.71% | 0.66x | $8.96 Million |
About Bains Mer Monaco
Société Anonyme des Bains de Mer et du Cercle des Étrangers à Monaco operates in the gaming, hotels, and rental sectors in Monaco. It operates casinos; hotels; restaurants; lounge bars and nightclubs; wellness and leisure facilities; shows and concert halls; shopping centers; and meetings and events centers. The company is also involved in the slot machines, table games, and other activities; and… Read more