Ferm. Casino Mun. Canne
Société Fermière du Casino Municipal de Cannes operates hotels, casinos, gaming club, spas, performance venues, and restaurants in France. The company operates hotels and cottages under the Hôtel Barrière Le Majestic, the Hôtel Barrière Le Gray d'Albion, and the Hôtel Barrière Le Carl Gustaf St-Barth brands. It also operates slot machines, and game tables under the Casino Barrière Croisette and C… Read more
Ferm. Casino Mun. Canne (FCMC) - Net Assets
Latest net assets as of April 2025: €297.57 Million EUR
Based on the latest financial reports, Ferm. Casino Mun. Canne (FCMC) has net assets worth €297.57 Million EUR as of April 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€468.05 Million) and total liabilities (€170.47 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €297.57 Million |
| % of Total Assets | 63.58% |
| Annual Growth Rate | 1.03% |
| 5-Year Change | 11.08% |
| 10-Year Change | 41.64% |
| Growth Volatility | 86.97 |
Ferm. Casino Mun. Canne - Net Assets Trend (2000–2024)
This chart illustrates how Ferm. Casino Mun. Canne's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Ferm. Casino Mun. Canne (2000–2024)
The table below shows the annual net assets of Ferm. Casino Mun. Canne from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-10-31 | €299.03 Million | +8.64% |
| 2023-10-31 | €275.26 Million | -9.48% |
| 2022-10-31 | €304.08 Million | +10.35% |
| 2021-10-31 | €275.56 Million | +2.36% |
| 2020-10-31 | €269.21 Million | -4.56% |
| 2019-10-31 | €282.08 Million | +1.30% |
| 2018-10-31 | €278.46 Million | +8.56% |
| 2017-10-31 | €256.49 Million | +13.35% |
| 2016-10-31 | €226.29 Million | +7.18% |
| 2015-10-31 | €211.13 Million | +7.69% |
| 2014-10-31 | €196.06 Million | +5.62% |
| 2013-10-31 | €185.63 Million | -0.16% |
| 2012-10-31 | €185.93 Million | +3.26% |
| 2011-10-31 | €180.06 Million | +3.92% |
| 2010-10-31 | €173.26 Million | -1.61% |
| 2009-10-31 | €176.10 Million | +36.34% |
| 2008-10-31 | €129.16 Million | -2.30% |
| 2007-10-31 | €132.20 Million | +2.92% |
| 2006-10-31 | €128.45 Million | +422.95% |
| 2005-10-31 | €24.56 Million | +0.21% |
| 2004-10-31 | €24.51 Million | -9.80% |
| 2003-10-31 | €27.17 Million | -0.01% |
| 2002-10-31 | €27.18 Million | +5.87% |
| 2001-10-31 | €25.67 Million | -89.02% |
| 2000-10-31 | €233.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferm. Casino Mun. Canne'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 2283800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.84 Million | 7.87% |
| Common Stock | €1.89 Million | 0.65% |
| Other Comprehensive Income | €245.88 Million | 84.69% |
| Other Components | €19.72 Million | 6.79% |
| Total Equity | €290.33 Million | 100.00% |
Ferm. Casino Mun. Canne Competitors by Market Cap
The table below lists competitors of Ferm. Casino Mun. Canne ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rio2 Limited
OTCQX:RIOFF
|
$239.74 Million |
|
Niagen Bioscience, Inc.
NASDAQ:NAGE
|
$239.82 Million |
|
Shanghai Shuixing Home Textile Co Ltd Class A
SHG:603365
|
$239.93 Million |
|
Round One Corporation
MU:RDN
|
$239.95 Million |
|
Aurionpro Solutions Limited
NSE:AURIONPRO
|
$239.69 Million |
|
Australian Ethical Investment Ltd
AU:AEF
|
$239.63 Million |
|
Hongda High-Tech Holding Co Ltd
SHE:002144
|
$239.58 Million |
|
Kri-Kri Milk Industry S.A
AT:KRI
|
$239.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferm. Casino Mun. Canne's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 267,481,000 to 290,332,000, a change of 22,851,000 (8.5%).
- Net income of 22,838,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 10,444,001.
- Other factors decreased equity by 10,431,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €22.84 Million | +7.87% |
| Other Comprehensive Income | €10.44 Million | +3.6% |
| Other Changes | €-10.43 Million | -3.59% |
| Total Change | €- | 8.54% |
Book Value vs Market Value Analysis
This analysis compares Ferm. Casino Mun. Canne'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: 1.09x
- 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 2.05x to 1.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-10-31 | €974.35 | €2000.00 | x |
| 2010-10-31 | €958.36 | €2000.00 | x |
| 2011-10-31 | €997.35 | €2000.00 | x |
| 2012-10-31 | €1032.08 | €2000.00 | x |
| 2013-10-31 | €1031.62 | €2000.00 | x |
| 2014-10-31 | €1091.14 | €2000.00 | x |
| 2015-10-31 | €1175.58 | €2000.00 | x |
| 2016-10-31 | €1260.63 | €2000.00 | x |
| 2017-10-31 | €1429.09 | €2000.00 | x |
| 2018-10-31 | €1551.64 | €2000.00 | x |
| 2019-10-31 | €1571.14 | €2000.00 | x |
| 2020-10-31 | €1499.26 | €2000.00 | x |
| 2021-10-31 | €1524.17 | €2000.00 | x |
| 2022-10-31 | €1682.73 | €2000.00 | x |
| 2023-10-31 | €1539.71 | €2000.00 | x |
| 2024-10-31 | €1841.46 | €2000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferm. Casino Mun. Canne 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): 7.87%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.87%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.62x
- Recent ROE (7.87%) is above the historical average (5.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.75% | 1.95% | 0.68x | 4.33x | €-1.14 Million |
| 2003 | 0.11% | 0.04% | 0.62x | 4.53x | €-2.65 Million |
| 2007 | 2.75% | 3.87% | 0.28x | 2.52x | €-9.19 Million |
| 2009 | 11.69% | 27.62% | 0.21x | 1.99x | €2.89 Million |
| 2010 | 2.38% | 4.66% | 0.24x | 2.09x | €-12.79 Million |
| 2011 | 4.74% | 8.32% | 0.29x | 1.99x | €-9.20 Million |
| 2012 | 5.05% | 8.85% | 0.31x | 1.87x | €-8.96 Million |
| 2013 | 4.26% | 7.59% | 0.30x | 1.85x | €-10.37 Million |
| 2014 | 5.70% | 10.41% | 0.31x | 1.75x | €-8.22 Million |
| 2015 | 7.51% | 13.10% | 0.34x | 1.67x | €-5.12 Million |
| 2016 | 6.88% | 12.73% | 0.33x | 1.63x | €-6.88 Million |
| 2017 | 11.73% | 24.61% | 0.32x | 1.49x | €4.34 Million |
| 2018 | 7.75% | 16.78% | 0.32x | 1.43x | €-6.12 Million |
| 2019 | 5.19% | 11.26% | 0.32x | 1.43x | €-13.23 Million |
| 2020 | -4.97% | -23.72% | 0.13x | 1.65x | €-39.33 Million |
| 2021 | 1.45% | 5.11% | 0.16x | 1.75x | €-22.82 Million |
| 2022 | 9.20% | 18.36% | 0.29x | 1.71x | €-2.35 Million |
| 2023 | 3.90% | 7.09% | 0.32x | 1.72x | €-16.32 Million |
| 2024 | 7.87% | 14.87% | 0.33x | 1.62x | €-6.20 Million |
Industry Comparison
This section compares Ferm. Casino Mun. Canne's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $334,965,108
- Average return on equity (ROE) among peers: 2.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferm. Casino Mun. Canne (FCMC) | €297.57 Million | 5.75% | 0.57x | $239.72 Million |
| Bains Mer Monaco (BAIN) | $623.06 Million | 0.41% | 1.23x | $588.35 Million |
| Groupe Partouche SA (PARP) | $366.87 Million | 5.15% | 1.19x | $14.90 Million |
| Soc Franc Casinos (SFCA) | $14.97 Million | 3.27% | 1.50x | $425.88K |