EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

Groupe Partouche SA (PARP) fair value: what the stock is really worth

We calculate from audited financials what Groupe Partouche SA is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
  3. Add to watchlist

Consumer Cyclical · FR · ISIN FR0012612646

GP Some data Sep 13, 2026

Groupe Partouche SA

PARP · PA

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

Fair value €40.18 · Strongly undervalued (+122%)
!Quality 46/100
!Expensive Growth (revenue 5y +6.0 %/yr)
!Thin margins · 9.8% net margin (TTM)
!Moderate debt · negative free cash flow
·6.91% dividend yield
!Moderate moat 46/100
!Evidence only medium, so the estimate is less certain

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

€22.06 €15.46 Fair Value €40.18 Jul 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 13, 2026.

How to read this chart

60‑month range €15.46 – €22.06 · fair‑value band €35.22 – €71.76 · the €18.10 price screens below the €40.18 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 13, 2026.

Which stocks are undervalued right now? Check free Discover now →

Company profile

Groupe Partouche SA, through its subsidiaries, operates casinos, hotels, restaurants, nightclubs, leisure facilities, and bars in France, other European countries, and internationally. The company operates through three segments: Casino, Hotel, and Other Activities.

Show more

Groupe Partouche SA, through its subsidiaries, operates casinos, hotels, restaurants, nightclubs, leisure facilities, and bars in France, other European countries, and internationally. The company operates through three segments: Casino, Hotel, and Other Activities. Its casinos offer table games, such as the game of boules; French, English, or American roulette; the game battle; punto banco; blackjack; stud poker; hold'em poker; Texas hold'em poker; Omaha poker 4 high; bingo; electronic roulette; and Texas Hold'em Poker, as well as slot machines. The company also offers software solutions; owns and operates gourmet and themed restaurants, spas, and golf courses; TV games; interactive television games associated with online gaming offering; games on social networks; gaming and lotteries; and produces television programs and event production. In addition, it manages casino information systems; and hardware and data communication networks, as well as engages in real estate and sports betting businesses. The company was founded in 1903 and is headquartered in Paris, France. Groupe Partouche SA is a subsidiary of Financiere Partouche SA.

Stock analysis

Groupe Partouche SA (PARP) currently trades at €18.10, while our model-based Fair Value estimate is €40.18, implying the stock looks roughly 55.0% undervalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of €88.27 per share, and 10 of the 14 models we run sit above the €18.10 price.

Bear case: the Earnings-Based group reads lowest at €9.34, and 4 of the 14 models stay below the price. Evidence for this calculation is medium.

Scenario range: €35.22 (bear) to €71.76 (bull), the price of €18.10 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 46/100 (below-average quality), in the Consumer Cyclical sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

Groupe Partouche SA reported revenue of €460M in FY2025 versus €256M in FY2021, a compound +15.8%/yr. Reported net income was €51.1M in FY2025.

Key figures

Market cap €174M · P/E ratio 3.8 · P/S ratio 0.43 · EPS (TTM) €4.71 · Dividend yield 6.9% · Net margin 11.1% · Return on equity 13.6% · Return on assets (EBIT) 1.5%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).

What moves the price

The share trades about 6% below its 52-week high and 12% above its 52-week low, currently below its 200-day average.

For context, the median of 10 Consumer Cyclical peers we cover trades at 17% fair-value upside, at 122%, PARP screens cheaper than that median.

Fair Value models

Bear €35.22 Fair Value €40.18 Bull €71.76
Model Each model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (€3.01 per share) are deliberately not added. Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence Evidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
EPV €7.97 €9.34 €10.46 74
Residual Income €34.43 €38.87 €63.52 74
ROIC Compounder €7.97 €9.34 €10.46 72
All 14 models by family
Earnings-Based
Graham-Dodd €36.12 €55.06 €65.62 67
EPV €7.97 €9.34 €10.46 74
Dividend Discount
Gordon GGM €2.23 €2.50 €2.79 69
DDM Multi-Stage €2.23 €2.69 €3.19 67
Multiples
P/E Multiple €87.65 €116.87 €146.09 63
P/S Multiple €43.06 €57.41 €71.76 58
P/B Multiple €67.73 €90.31 €112.89 55
EV/EBIT €39.76 €54.17 €68.58 66
EV/EBITDA €82.26 €110.84 €139.41 67
EV/Revenue €25.67 €38.16 €50.65 53
Asset-Based
NCAV (Graham) €20.23 €27.11 €40.46 54
Economic Profit
Residual Income €34.43 €38.87 €63.52 74
ROIC Compounder €7.97 €9.34 €10.46 72
Growth Earnings
Growth-Adj P/E €61.79 €88.27 €114.75 67

Open the full fair value analysis →

Notify me when PARP reaches fair value

Put PARP on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 46/100

Of which business quality 45 · Market factors (momentum, volatility) 59

Profitability 37
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 30
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 82
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality Growth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+6.0%
Revenue growth 3 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+5.8%
Revenue growth 5 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+6.0%
Revenue growth 25 years Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−5.1%
What shareholders gained per year (last 5 years) What the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis.
≈ +6.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year−0.7%
Dividend (yield on the price)6.9%
Pace: 5 vs 10 years Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.22% vs 23%, steady
Profit margin 2020 to 2025 Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.−4% → 7%
⚠ Rate on operating basis: 2025 sits 170% above its own trend.

Watch PARP, get fair value alerts →

Compare Groupe Partouche SA with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

Similar stocks

10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
Las Vegas Sands Corp LVS $42.83 $49.90 +17%
Galaxy Entertainment Group 0027 HK$32.78 HK$46.74 +43%
Sands China Ltd 1928 HK$13.36 HK$19.10 +43%
MGM Resorts International, through its subsidiaries, MGM $39.89 $17.73 −56%
Wynn Resorts, Limited WYNN $87.70 $71.06 −19%
Red Rock Resorts, Inc RRR $55.90 $16.52 −70%
Boyd Gaming Corporation BYD $77.00 $144.08 +87%
Caesars Entertainment, Inc CZR $29.67 $35.50 +20%
Genting Singapore Limited G13 0.6150 SGD 0.5600 SGD −9%
Vail Resorts, Inc MTN $140.09 $154.10 +10%

Explore undervalued stocks

More undervalued Consumer Cyclical stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Groupe Partouche SA Fair Value". https://www.fairvalue-calculator.com/stock/PARP

Frequently asked questions

Is Groupe Partouche SA (PARP) overvalued or undervalued?
As of Sep 13, 2026, our model estimates a fair value of €40.18 versus a price of €18.10, about +122% upside (undervalued).
What is the fair value of PARP?
Our model-based fair value for Groupe Partouche SA is €40.18 (as of Sep 13, 2026), built from audited fundamentals. The current price: €18.10.
What is the quality score of PARP?
Groupe Partouche SA has a Quality Score of 46/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Groupe Partouche SA (PARP)?
Our model-based price target is the fair value of €40.18 (as of Sep 13, 2026) from 14 valuation models. Cautious scenario €35.22, optimistic scenario €71.76. It is a calculation from audited fundamentals, not an analyst target.
What is the Groupe Partouche SA stock forecast for 2026?
Our models put fair value at €40.18, about +122% upside versus a price of €18.10 (undervalued). Cautious scenario €35.22, optimistic scenario €71.76. The calculation is refreshed regularly with new filings.
What is the revenue of Groupe Partouche SA (PARP)?
Groupe Partouche SA reported trailing-twelve-month revenue of about €460M (latest available figure, as of Sep 13, 2026).
Does Groupe Partouche SA pay a dividend?
Groupe Partouche SA currently shows a dividend yield of about 6.91% relative to its recent price (as of Sep 13, 2026).
What is the intrinsic value of Groupe Partouche SA (PARP)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Groupe Partouche SA it is €40.18 per share (as of Sep 13, 2026), against a price of €18.10. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Groupe Partouche SA stock overvalued or undervalued in 2026?
As of Sep 13, 2026, PARP trades below its calculated fair value: price €18.10, fair value €40.18, a gap of about +122% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of PARP?
No. The price is what the market pays today (€18.10); the fair value is what the company's own numbers justify (€40.18). For Groupe Partouche SA the two are €22.08 per share apart. That gap is exactly why we show both numbers side by side.
How much is Groupe Partouche SA worth?
The market values Groupe Partouche SA at about €174M (market capitalisation, as of Sep 13, 2026). Per share that is €18.10; our models calculate a fair value of €40.18 per share.
What do the bullish and bearish scenarios say about PARP?
Our models span a range for Groupe Partouche SA: cautious scenario €35.22, base €40.18, optimistic €71.76 per share (as of Sep 13, 2026, price €18.10). The range comes from different growth and margin assumptions, not from analyst opinions.
How far is PARP from its 52-week high?
Groupe Partouche SA trades at €18.10, about 6% below its 52-week high of €19.19 and 12% above the low of €16.19 (as of Sep 13, 2026). Distance from the high says nothing about value: that is what the fair value of €40.18 is for.
Which stocks are comparable to Groupe Partouche SA?
From the same area (Consumer Cyclical) we also value Las Vegas Sands Corp, Galaxy Entertainment Group, Sands China Ltd, MGM Resorts International, through its subsidiaries,, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Groupe Partouche SA stock attractive at the current price?
The data as of Sep 13, 2026: price €18.10, calculated fair value €40.18 (+122%), Quality Score 46/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of PARP calculated?
We run Groupe Partouche SA through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of €40.18, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.8 % above its aggregate fair value. Groupe Partouche SA currently trades 122 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What should I pay attention to with Groupe Partouche SA right now?
The price is below even our cautious bear case (€35.22). The market is more pessimistic than our downside scenario. Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (€35.22 to €71.76) leaves room in how you read the outcome.
Where does the earnings growth of Groupe Partouche SA (PARP) come from?
Earnings per share at Groupe Partouche SA grew +16.4 % a year from 2015 to 2025. Broken into its drivers: revenue per share +1.1 %, EBIT margin +0.2 %, tax rate +1.4 %, residual (interest, one-offs) +13.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.

Key figures of Groupe Partouche SA

How large is the market capitalisation of Groupe Partouche SA (PARP)?
The market capitalisation of Groupe Partouche SA is €174M. The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Groupe Partouche SA (PARP)?
The price-to-earnings ratio of Groupe Partouche SA is 3.8. Price to earnings: how many years of current profit you pay for the stock. A P/E of 10 means ten years of profit.
What is the P/S ratio of Groupe Partouche SA (PARP)?
The price-to-sales ratio of Groupe Partouche SA is 0.43 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Groupe Partouche SA (PARP)?
Earnings per share at Groupe Partouche SA are €4.71 (price ÷ EPS = P/E 3.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Groupe Partouche SA (PARP)?
The dividend yield of Groupe Partouche SA is 6.9% (payout 26.5%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Groupe Partouche SA (PARP)?
The net margin of Groupe Partouche SA is 11.1% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Groupe Partouche SA (PARP)?
The return on equity (ROE) of Groupe Partouche SA is 13.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Groupe Partouche SA (PARP)?
On an EBIT basis the return on assets of Groupe Partouche SA is 1.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Groupe Partouche SA (PARP)?
The operating margin of Groupe Partouche SA is 7.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Groupe Partouche SA (PARP)?
Revenue at Groupe Partouche SA is growing +3.0% versus a year earlier (3y avg +5.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Groupe Partouche SA (PARP)?
Earnings per share at Groupe Partouche SA are growing +148% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Groupe Partouche SA (PARP) generate?
The free cash flow of Groupe Partouche SA is −€59.8M (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Groupe Partouche SA (PARP) carry?
The net debt of Groupe Partouche SA is €382M (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Continue in the live analysis

Fair value and trend for 35,000+ stocks, watchlist, comparison and the diversification check. You can also try 14 days of Pro there, no card.

Open the live analysis →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.