Financials Flutter Entertainment plc

Equities

FLUT

IE00BWT6H894

Casinos & Gaming

Real-time Estimate Cboe BZX 10:03:43 2024-07-12 am EDT 5-day change 1st Jan Change
205.9 USD +1.19% Intraday chart for Flutter Entertainment plc +5.01% +14.49%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 6,985 26,350 20,354 19,604 24,758 27,990 - -
Enterprise Value (EV) 2 6,985 29,164 23,001 24,248 28,870 31,857 30,842 29,767
P/E ratio - - - - - 165 x 37.2 x 25.6 x
Yield - - - - - - - -
Capitalization / Revenue 3.26 x 5.01 x 3.37 x 2.55 x 2.65 x 2.55 x 2.27 x 2.08 x
EV / Revenue 3.26 x 5.54 x 3.81 x 3.15 x 3.09 x 2.9 x 2.51 x 2.21 x
EV / EBITDA 16.4 x 23.7 x 23 x 23.2 x 19.5 x 16.5 x 12.6 x 10.3 x
EV / FCF 24.8 x 27.1 x 40.9 x 47.5 x 46.9 x 37.6 x 25.1 x 19.1 x
FCF Yield 4.04% 3.69% 2.45% 2.1% 2.13% 2.66% 3.99% 5.25%
Price to Book - - - - - 3.28 x 2.98 x 2.66 x
Nbr of stocks (in thousands) 79,475 174,995 174,839 175,961 176,059 177,682 - -
Reference price 3 115.0 205.9 157.5 134.8 179.0 203.5 203.5 203.5
Announcement Date 2/27/20 3/2/21 3/1/22 3/2/23 3/26/24 - - -
1USD in Million2GBP in Million3USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,140 5,264 6,036 7,693 9,336 10,988 12,306 13,457
EBITDA 1 425.4 1,231 1,001 1,045 1,484 1,934 2,448 2,900
EBIT 1 280.6 990 746 675 466.4 1,198 1,699 2,182
Operating Margin 13.11% 18.81% 12.36% 8.77% 5% 10.9% 13.81% 16.22%
Earnings before Tax (EBT) 1 135.7 247.9 -288.4 -274.8 -863.9 271.8 978.4 1,407
Net income 1 144 37.9 -415.8 -302 -967.7 214.5 789.1 1,122
Net margin 6.73% 0.72% -6.89% -3.93% -10.36% 1.95% 6.41% 8.34%
EPS 2 - - - - - 1.235 5.468 7.933
Free Cash Flow 1 282 1,077 563 510 616.1 847.2 1,231 1,562
FCF margin 13.18% 20.46% 9.33% 6.63% 6.6% 7.71% 10% 11.61%
FCF Conversion (EBITDA) 66.29% 87.49% 56.24% 48.8% 41.52% 43.81% 50.28% 53.88%
FCF Conversion (Net income) 195.83% 2,841.69% - - - 394.93% 155.94% 139.28%
Dividend per Share 2 - - - - - - - -
Announcement Date 2/27/20 3/2/21 3/1/22 3/2/23 3/26/24 - - -
1GBP in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 Q4 2021 S2 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q1 2023 Q2 2023 S1 2023 Q3 2024 Q1 2024 Q2 2024 S1 2024 Q3 2024 Q4 2024 S2 2025 Q1 2025 Q2
Net sales 1 1,120 2,389 2,875 3,053 1,544 2,983 1,566 1,822 3,388 1,891 2,414 4,305 2,411 2,398 4,809 2,040 2,700 2,648 5,265 2,368 3,169 5,773 3,114 2,952
EBITDA 1 - 684 - 597 - 404 - - 476 - - 569 - - 823 - 408.5 506.2 - 325 704 - 534.1 638.7
EBIT 1 - - - 183.6 - 274 - - 334 - - 341 - - 585 - 98.55 216.4 - 27.97 407.1 - 242.3 306
Operating Margin - - - 6.01% - 9.19% - - 9.86% - - 7.92% - - 12.16% - 3.65% 8.17% - 1.18% 12.85% - 7.78% 10.36%
Earnings before Tax (EBT) 1 - - - - - - - - -51.4 - - -223.4 - - 83 - -128.7 120.8 - -82.21 285 - 173 242.4
Net income 1 - - - - - - - - -112 - - -187.7 - - 128 - -155.8 59.45 - -92.92 228.3 - 151 181.2
Net margin - - - - - - - - -3.31% - - -4.36% - - 2.66% - -5.77% 2.24% - -3.92% 7.2% - 4.85% 6.14%
EPS 2 - - - - - - - - - - - - - - - - - 1.040 - -0.6625 1.615 - 1.070 1.290
Dividend per Share - - - - - - - - - - - - - - - - - - - - - - - -
Announcement Date 2/27/20 8/27/20 3/2/21 8/10/21 3/1/22 3/1/22 5/4/22 8/12/22 8/12/22 11/9/22 3/2/23 3/2/23 5/9/23 8/9/23 8/9/23 12/26/23 5/14/24 - - - - - - -
1GBP in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 2,814 2,647 4,644 4,112 3,867 2,852 1,777
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) - 2.286 x 2.644 x 4.444 x 2.771 x 2 x 1.165 x 0.6127 x
Free Cash Flow 1 282 1,077 563 510 616 847 1,231 1,562
ROE (net income / shareholders' equity) 5.97% 6.98% 4.19% - - 9.76% 14% 16.7%
ROA (Net income/ Total Assets) 4.51% 4.66% 2.63% - - 4.13% 5.58% 6.68%
Assets 1 3,195 813.4 -15,804 - - 5,192 14,134 16,802
Book Value Per Share 2 - - - - - 62.00 68.20 76.50
Cash Flow per Share 2 - - - - 5.290 9.100 12.10 14.80
Capex 1 136 252 308 403 126 528 555 603
Capex / Sales 6.36% 4.79% 5.1% 5.24% 1.35% 4.8% 4.51% 4.48%
Announcement Date 2/27/20 3/2/21 3/1/22 3/2/23 3/26/24 - - -
1GBP in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
12
Last Close Price
203.5 USD
Average target price
243.9 USD
Spread / Average Target
+19.86%
Consensus
  1. Stock Market
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  4. Financials Flutter Entertainment plc