FLUTTER ENTERTAINMENT PLC-DI (FLUT) Stock Fundamental Analysis
NYSE:FLUT - New York Stock Exchange, Inc. - IE00BWT6H894 - Common Stock - Currency: USD
Taking everything into account, FLUT scores 4 out of 10 in our fundamental rating. FLUT was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. The financial health of FLUT is average, but there are quite some concerns on its profitability. FLUT is valued quite expensively, but it does show have an excellent growth rating.
1. Profitability
1.1 Basic Checks
FLUT had positive earnings in the past year.
FLUT had a positive operating cash flow in the past year.
The reported net income has been mixed in the past 5 years: FLUT reported negative net income in multiple years.
Each year in the past 5 years FLUT had a positive operating cash flow.
1.2 Ratios
FLUT's Return On Assets of 2.10% is in line compared to the rest of the industry. FLUT outperforms 48.12% of its industry peers.
Looking at the Return On Equity, with a value of 5.29%, FLUT is in the better half of the industry, outperforming 60.15% of the companies in the same industry.
With a Return On Invested Capital value of 3.76%, FLUT perfoms like the industry average, outperforming 40.60% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 5.29% | ||
| ROIC | 3.76% |
ROA(3y)-2.17%
ROA(5y)-2.07%
ROE(3y)-5.21%
ROE(5y)-4.39%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Profit Margin of FLUT (3.65%) is comparable to the rest of the industry.
FLUT's Profit Margin has declined in the last couple of years.
The Operating Margin of FLUT (6.76%) is comparable to the rest of the industry.
FLUT's Operating Margin has declined in the last couple of years.
FLUT has a Gross Margin (47.55%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of FLUT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 6.76% | ||
| PM (TTM) | 3.65% | ||
| GM | 47.55% |
OM growth 3YN/A
OM growth 5Y-4.6%
PM growth 3YN/A
PM growth 5Y-46.1%
GM growth 3Y-3.62%
GM growth 5Y-7.28%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so FLUT is destroying value.
FLUT has more shares outstanding than it did 1 year ago.
The number of shares outstanding for FLUT has been increased compared to 5 years ago.
The debt/assets ratio for FLUT has been reduced compared to a year ago.
2.2 Solvency
FLUT has an Altman-Z score of 3.11. This indicates that FLUT is financially healthy and has little risk of bankruptcy at the moment.
Looking at the Altman-Z score, with a value of 3.11, FLUT is in the better half of the industry, outperforming 76.69% of the companies in the same industry.
The Debt to FCF ratio of FLUT is 8.09, which is on the high side as it means it would take FLUT, 8.09 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 8.09, FLUT is doing good in the industry, outperforming 69.17% of the companies in the same industry.
A Debt/Equity ratio of 0.68 indicates that FLUT is somewhat dependend on debt financing.
With a decent Debt to Equity ratio value of 0.68, FLUT is doing good in the industry, outperforming 67.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.09 | ||
| Altman-Z | 3.11 |
ROIC/WACC0.45
WACC8.37%
2.3 Liquidity
FLUT has a Current Ratio of 0.95. This is a bad value and indicates that FLUT is not financially healthy enough and could expect problems in meeting its short term obligations.
FLUT's Current ratio of 0.95 is in line compared to the rest of the industry. FLUT outperforms 51.13% of its industry peers.
FLUT has a Quick Ratio of 0.95. This is a bad value and indicates that FLUT is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Quick ratio value of 0.95, FLUT perfoms like the industry average, outperforming 54.89% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 |
3. Growth
3.1 Past
FLUT shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -10.54%.
FLUT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 0.80% yearly.
FLUT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 19.15%.
Measured over the past years, FLUT shows a very strong growth in Revenue. The Revenue has been growing by 38.76% on average per year.
EPS 1Y (TTM)-10.54%
EPS 3Y7.52%
EPS 5Y0.8%
EPS Q2Q%242.93%
Revenue 1Y (TTM)19.15%
Revenue growth 3Y19.14%
Revenue growth 5Y38.76%
Sales Q2Q%7.89%
3.2 Future
Based on estimates for the next years, FLUT will show a very strong growth in Earnings Per Share. The EPS will grow by 46.80% on average per year.
FLUT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 15.08% yearly.
EPS Next Y174.44%
EPS Next 2Y100.76%
EPS Next 3Y73.61%
EPS Next 5Y46.8%
Revenue Next Year20.58%
Revenue Next 2Y18.22%
Revenue Next 3Y15.54%
Revenue Next 5Y15.08%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 34.39, the valuation of FLUT can be described as expensive.
The rest of the industry has a similar Price/Earnings ratio as FLUT.
When comparing the Price/Earnings ratio of FLUT to the average of the S&P500 Index (26.34), we can say FLUT is valued slightly more expensively.
Based on the Price/Forward Earnings ratio of 20.84, the valuation of FLUT can be described as rather expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as FLUT.
FLUT is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 21.03, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.39 | ||
| Fwd PE | 20.84 |
4.2 Price Multiples
72.18% of the companies in the same industry are cheaper than FLUT, based on the Enterprise Value to EBITDA ratio.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of FLUT is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 55.22 | ||
| EV/EBITDA | 24.17 |
4.3 Compensation for Growth
FLUT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
FLUT's earnings are expected to grow with 73.61% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.2
PEG (5Y)42.86
EPS Next 2Y100.76%
EPS Next 3Y73.61%
5. Dividend
5.1 Amount
No dividends for FLUT!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
263.75
-8.72 (-3.2%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners92.12%
Inst Owner ChangeN/A
Ins Owners0.16%
Ins Owner Change38.3%
Market Cap46.60B
Analysts82.96
Price Target307.12 (16.44%)
Short Float %2.12%
Short Ratio1.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)17.7%
Min EPS beat(2)-17.68%
Max EPS beat(2)53.08%
EPS beat(4)2
Avg EPS beat(4)92.44%
Min EPS beat(4)-17.68%
Max EPS beat(4)339.13%
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)0
Avg Revenue beat(2)-4.29%
Min Revenue beat(2)-6.86%
Max Revenue beat(2)-1.71%
Revenue beat(4)2
Avg Revenue beat(4)-0.59%
Min Revenue beat(4)-6.86%
Max Revenue beat(4)3.9%
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.74%
PT rev (3m)12.05%
EPS NQ rev (1m)-0.12%
EPS NQ rev (3m)-52.76%
EPS NY rev (1m)-1.24%
EPS NY rev (3m)0.19%
Revenue NQ rev (1m)0.56%
Revenue NQ rev (3m)-48.73%
Revenue NY rev (1m)0.74%
Revenue NY rev (3m)1.55%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.39 | ||
| Fwd PE | 20.84 | ||
| P/S | 3.26 | ||
| P/FCF | 55.22 | ||
| P/OCF | 32.07 | ||
| P/B | 4.72 | ||
| P/tB | N/A | ||
| EV/EBITDA | 24.17 |
EPS(TTM)7.67
EY2.91%
EPS(NY)12.66
Fwd EY4.8%
FCF(TTM)4.78
FCFY1.81%
OCF(TTM)8.22
OCFY3.12%
SpS81.02
BVpS55.82
TBVpS-52.8
PEG (NY)0.2
PEG (5Y)42.86
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 2.1% | ||
| ROE | 5.29% | ||
| ROCE | 4.76% | ||
| ROIC | 3.76% | ||
| ROICexc | 4.53% | ||
| ROICexgc | N/A | ||
| OM | 6.76% | ||
| PM (TTM) | 3.65% | ||
| GM | 47.55% | ||
| FCFM | 5.9% |
ROA(3y)-2.17%
ROA(5y)-2.07%
ROE(3y)-5.21%
ROE(5y)-4.39%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5Y7.82%
OM growth 3YN/A
OM growth 5Y-4.6%
PM growth 3YN/A
PM growth 5Y-46.1%
GM growth 3Y-3.62%
GM growth 5Y-7.28%
F-Score9
Asset Turnover0.58
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.68 | ||
| Debt/FCF | 8.09 | ||
| Debt/EBITDA | 3.28 | ||
| Cap/Depr | 55.67% | ||
| Cap/Sales | 4.25% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 70.47% | ||
| Profit Quality | 161.69% | ||
| Current Ratio | 0.95 | ||
| Quick Ratio | 0.95 | ||
| Altman-Z | 3.11 |
F-Score9
WACC8.37%
ROIC/WACC0.45
Cap/Depr(3y)49%
Cap/Depr(5y)51.42%
Cap/Sales(3y)4.78%
Cap/Sales(5y)4.45%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-10.54%
EPS 3Y7.52%
EPS 5Y0.8%
EPS Q2Q%242.93%
EPS Next Y174.44%
EPS Next 2Y100.76%
EPS Next 3Y73.61%
EPS Next 5Y46.8%
Revenue 1Y (TTM)19.15%
Revenue growth 3Y19.14%
Revenue growth 5Y38.76%
Sales Q2Q%7.89%
Revenue Next Year20.58%
Revenue Next 2Y18.22%
Revenue Next 3Y15.54%
Revenue Next 5Y15.08%
EBIT growth 1Y393.75%
EBIT growth 3YN/A
EBIT growth 5Y32.38%
EBIT Next Year93.49%
EBIT Next 3Y45.4%
EBIT Next 5Y36.3%
FCF growth 1Y180.9%
FCF growth 3Y69.28%
FCF growth 5Y18%
OCF growth 1Y70.97%
OCF growth 3Y42.55%
OCF growth 5Y24.52%