Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Groupe Partouche SA is a leading French casino operator, managing over 40 casinos primarily in France, with additional operations in Belgium, Switzerland, Sweden, and Tunisia. Founded in 1973 by Isidore Partouche and headquartered in Paris, the company generates approximately 90% of its revenue from gaming activities, including table games like roulette, blackjack, baccarat, poker variants, and bingo, as well as thousands of slot machines. It operates through segments such as Casino, Hotel, and Other Activities, encompassing hotels, spas, golf courses, gourmet and themed restaurants, dancehalls, bars, and leisure facilities. Groupe Partouche also engages in online gaming, pari-mutuel betting, real estate, sports betting, interactive television programs, and casino management platforms like Quarisma for real-time quality services. Employing around 4,000 people, it plays a pivotal role in the European gaming and hospitality sector, emphasizing integrated entertainment complexes that combine gaming with hospitality and events. As a subsidiary of Financière Partouche SA, it maintains strong family influence while driving innovation in the casinos and gaming industry.
Operating margin is thin at 8.63%. Limited cushion if revenue slows or costs rise, not the profile of a wide-moat business.
Revenue grew 6.0%, steady but not accelerating.
Negative free cash flow of -€62M. The business is consuming cash, not generating it.
Profitability & Returns
Revenue (TTM)
€460M
▲ +6.0% YoY
Net Income (TTM)
€53M
▲ +1198.4% YoY
Op. Margin
8.63%
▲ +3.1pp YoY
ROIC
3.81%
▲ +2.0pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
-€62M
▼ -110.7% YoY
Op. Cash Flow (TTM)
€64M
▲ +688.8% YoY
Net Debt
€254M
Cash & Equiv.
€164M
3Y CAGR: +5.8%
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