-3.13%
-5.84%
-11.67%
-5.36%
-15.68%
-3.64%
-38.37%
AI Spotlight on PARP
Company Description
Groupe Partouche SA, through its subsidiaries, operates casinos, hotels, restaurants, dancehalls, and bars in France, other European countries, and internationally.The company operates through three divisions: Casino, Hotel, and Other Activities.Its casinos offer table games, such as the ball game; French, English, or American roulette; the Battle War; Punto Banco; Blockjack; Stud Poker; Casino and Texas Hold'em Poker; Omaha Poker 4 high; Bingo; electronic roulette, Blackjack, and Texas Hold'em Poker, as well as slot machines.
The company also owns and operates diners, gourmet and themed restaurants, and health spas and golf courses; develops interactive television (TV) programs and mobile TV gaming offerings; interactive television games associated with online gaming offering; markets gaming solutions and lotteries; and produces televised programs and events.In addition, it operates Quarisma, a platform for the real time management of quality services between customers and casino operators; and manages casino information systems, as well as hardware and data communication networks.Further, the company engages in real estate and sports betting businesses.
As of October 31, 2021, it operated 41 casinos with 4,815 slot machines installed in France and 436 machines installed internationally, as well as 1,207 electronic English roulette wheels installed in France and 22 wheels installed internationally; 8 hotels with approximately 310 rooms; and 60 restaurants, as well as 5 health spas and 1 golf courses.The company was incorporated in 1903 and is headquartered in Paris, France.Groupe Partouche SA is a subsidiary of Financiere Partouche SA.
Market Data
| Last Price | 18.55 |
| Change Percentage | -3.13% |
| Open | 19.25 |
| Previous Close | 19.15 |
| Market Cap ( Millions) | 178 |
| Volume | 870 |
| Year High | 22.2 |
| Year Low | 18.2 |
| M A 50 | 20.05 |
| M A 200 | 19.89 |
Financial Ratios
| FCF Yield | -10.64% |
| Dividend Yield | 3.45% |
| ROE | 2.11% |
| Debt / Equity | 81.39% |
| Net Debt / EBIDTA | 227.96% |
| Price To Book | 0.52 |
| Price Earnings Ratio | 24.52 |
| Price To FCF | -9.4 |
| Price To sales | 0.42 |
| EV / EBITDA | 4.83 |
News
- Jan -28 - GROUPE PARTOUCHE: Annual Income 2023/2024 - A year of transition marked by numerous growth-driving investments
- Dec -10 - GROUPE PARTOUCHE: A Good performance for the financial year 2024 - Turnover: € 434.3 M (+2.5 %) - Inauguration after renovations, of the Group’s three largest casinos
- Sep -10 - GROUPE PARTOUCHE: Solid turnover for the first 9 months of the fiscal year: +2.1 % at € 327.3 M
- Jun -25 - GROUPE PARTOUCHE: Solid Half-Year Income & Financial Structure in a resumption period of significant growth investments
- Jun -11 - GROUPE PARTOUCHE: 1st half-year 2024 revenue in growth by 2.3 % at € 220.6 M / Dynamic activities, new partnerships and reopening of two iconic casinos
- Mar -12 - GROUPE PARTOUCHE: Turnover 1st quarter 2024: +2.0% - Good dynamics of the activities - General Meeting of 20th March: Proposed distribution of a dividend of 0.32 €/share
- Jan -30 - GROUPE PARTOUCHE: Annual Income 2022/2023 - Income driven by the strong growth in the activity
- Dec -12 - GROUPE PARTOUCHE: Very good 2023 operational performance - Turnover up by +9.0% to € 423.8 M
- Sep -12 - GROUPE PARTOUCHE: Sustained growth in activity over the first 9 months of the financial year
- Jun -27 - GROUPE PARTOUCHE: First Half-Year: solid income and financial structure / New growth investments
- Jun -15 - Groupe Partouche and Betsson AB announce partnership to launch online casino services in Belgium
- Jun -13 - Groupe Partouche: Sustained business growth for 1st half-year 2023 / Increased turnover +15.2 % at € 215.6 M
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Casinos
Expected Growth : 4.5 %
What the company do ?
Casinos from Groupe Partouche SA are a chain of French casinos offering various games, entertainment, and hospitality services across multiple locations.
Why we expect these perspectives ?
Growing demand for entertainment and leisure activities, increasing tourism in France, and expansion of online gaming platforms drive the growth of Groupe Partouche SA's casinos. Additionally, the company's strategic focus on enhancing customer experience and investing in digital transformation will further boost revenue.
Segment n°2 -> Other
Expected Growth : 4.5 %
What the company do ?
The 'Other' segment from Groupe Partouche SA refers to the company's non-gaming activities, including hotel operations, restaurants, and entertainment.
Why we expect these perspectives ?
The 'Other' segment's growth is driven by increasing demand for hospitality services, expansion of hotel operations, and diversification of entertainment offerings, leading to a forecasted CAGR of 4.5%.
Segment n°3 -> Elimination
Expected Growth : 2.5 %
What the company do ?
Elimination from Groupe Partouche SA refers to the French casino operator's decision to withdraw from a specific market or dispose of a subsidiary, often due to financial or strategic reasons.
Why we expect these perspectives ?
Groupe Partouche SA's elimination from specific markets or disposal of subsidiaries is driven by financial and strategic reasons, such as declining revenue, increased competition, and regulatory pressures, leading to a forecast CAGR of 2.5%.
Segment n°4 -> Hotels
Expected Growth : 4.5 %
What the company do ?
Groupe Partouche SA's hotels offer luxurious accommodations and exceptional service, featuring iconic brands like Casino de la Vallée and Casino du Lac.
Why we expect these perspectives ?
Growing demand for luxury travel, increasing popularity of casino resorts, and strategic partnerships with iconic brands like Casino de la Vallée and Casino du Lac drive growth in Groupe Partouche SA's hotel segment.
Groupe Partouche Sa Products
| Product Range | What is it ? |
|---|---|
| Casinos | Groupe Partouche SA operates a chain of casinos across Europe, offering a range of games, entertainment, and dining options. |
| Hotels | The company owns and operates hotels, providing accommodation and hospitality services to guests. |
| Restaurants and Bars | Groupe Partouche SA operates a range of restaurants and bars, offering fine dining, casual meals, and drinks. |
| Spas and Wellness | The company offers spa and wellness services, including massages, fitness centers, and relaxation areas. |
| Event and Conference Services | Groupe Partouche SA provides event and conference services, including meeting spaces, catering, and audiovisual equipment. |
Groupe Partouche SA's Porter Forces
Threat Of Substitutes
The threat of substitutes for Groupe Partouche SA is moderate due to the presence of alternative forms of entertainment and leisure activities.
Bargaining Power Of Customers
The bargaining power of customers is low due to the lack of concentration of buyers and the high switching costs.
Bargaining Power Of Suppliers
The bargaining power of suppliers is moderate due to the presence of multiple suppliers and the moderate switching costs.
Threat Of New Entrants
The threat of new entrants is high due to the low barriers to entry and the high growth potential of the industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the high competition among existing players and the high stakes of the industry.
Strength
Capital Structure
| Value | |
|---|---|
| Debt Weight | 31.57% |
| Debt Cost | 4.01% |
| Equity Weight | 68.43% |
| Equity Cost | 9.68% |
| WACC | 7.89% |
| Leverage | 46.13% |
Groupe Partouche SA : Quality Control
Groupe Partouche SA passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| GAMB | Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. It publishes various … |
| GIG.OL | Gaming Innovation Group Inc., an iGaming technology company, together with its subsidiaries, provides solutions, products, and services to iGaming operators in Nordic countries, other European countries, and internationally. The company … |
| PTEC.L | Playtech Plc, a technology company, provides gambling software, services, content, and platform technologies worldwide. The company offers technologies across various product verticals, including casino, live casino, sports betting, virtual sports, … |
| BETS-B.ST | Betsson AB, through its subsidiaries, engages in the online gaming business primarily in the Nordic countries, Western Europe, Central and Easter Europe, Central Asia, and internationally. It offers poker, casino, … |
| SKIS-B.ST | SkiStar AB (publ) owns and operates Alpine mountain resorts in Sweden, Norway, and Austria. The company operates in three segments: Operation of Mountain Resorts; Property Development & Exploitation; and Operation … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Betsson
A-Score
1-Year Total Return ->
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SkiStar
A-Score
1-Year Total Return ->
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Playtech
A-Score
1-Year Total Return ->
4
Gambling.com
A-Score
1-Year Total Return ->
5
Partouche
A-Score
1-Year Total Return ->
6
