-0.18%
4.35%
21.37%
42.97%
33.48%
92.75%
157.55%

Company Description

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally.The company operates through four segments: UK & Ireland, Australia, International, and US.It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo, rummy, and poker; and business-to-business services.


The company also operates HRTV, a horseracing television network, as well as offers treasury; risk management; and horse racing broadcasting and advanced deposit wagering services.It provides sports betting and gaming services through paddypower.com, betfair.com, sportsbet.com.au, tvg.com, us.betfair.com, fanduel.com, pokerstars.com, Skybet.com, tombola.com, and adjarabet.com websites under the Paddy Power, Betfair, Sportsbet, TVG, FanDuel, Sky Betting & Gaming, PokerStars, Tombola, and Adjarabet brands, as well as BetStars, Sky Bet, Sky Vegas, FOX Bet, Stardust, Sky Bingo, and Junglee Games brands; and betting shops, and live poker tours and events.The company was formerly known as Paddy Power Betfair plc and changed its name to Flutter Entertainment plc in May 2019.


Flutter Entertainment plc was incorporated in 1958 and is headquartered in Dublin, Ireland.

Market Data

Last Price 21810
Change Percentage -0.18%
Open 21710
Previous Close 21850
Market Cap ( Millions) 38832
Volume 69636
Year High 22450
Year Low 12250
M A 50 21343.4
M A 200 17601.12

Financial Ratios

FCF Yield 1.76%
Dividend Yield 0.00%
ROE -7.39%
Debt / Equity 72.98%
Net Debt / EBIDTA 270.84%
Price To Book 4.64
Price Earnings Ratio -64.88
Price To FCF 56.9
Price To sales 3.63
EV / EBITDA 33.93

News

Business Breakdown

Expected Mid-Term Growth

Segment nΒ°1 -> United States

Expected Growth : 10 %

What the company do ?

The United States is a key market for Flutter Entertainment plc, a global sports betting and gaming company, offering online sportsbooks and casinos.

Why we expect these perspectives ?

Flutter Entertainment plc's 10% growth in the United States is driven by increasing online sports betting adoption, favorable regulatory developments, and strategic partnerships. The company's strong brand portfolio, including FanDuel and FOX Bet, has enabled market share gains. Additionally, investments in digital marketing and product enhancements have improved customer engagement and retention.

Segment nΒ°2 -> United Kingdom and Ireland

Expected Growth : 9 %

What the company do ?

The United Kingdom and Ireland segment of Flutter Entertainment plc operates online sports betting and gaming services in the UK and Ireland, offering popular brands like Paddy Power and Betfair.

Why we expect these perspectives ?

Flutter Entertainment plc's 9% growth in the United Kingdom and Ireland is driven by strong online gaming demand, increased sports betting participation, and successful marketing campaigns. Additionally, the company's strategic acquisitions, such as Paddy Power and Betfair, have expanded its customer base and improved operational efficiencies.

Segment nΒ°3 -> International

Expected Growth : 12 %

What the company do ?

Flutter Entertainment plc's International segment includes operations in multiple countries, offering sports betting, gaming, and poker products.

Why we expect these perspectives ?

Flutter Entertainment plc's international segment growth of 12% is driven by increasing online gaming adoption, strategic expansion into new markets, and successful integration of acquired businesses. Additionally, favorable regulatory environments, innovative product offerings, and effective marketing strategies have contributed to the segment's growth.

Segment nΒ°4 -> Australia

Expected Growth : 11 %

What the company do ?

Australia is a segment of Flutter Entertainment plc, a global sports betting and gaming company, operating in Australia through various brands.

Why we expect these perspectives ?

Flutter Entertainment plc's 11% growth in Australia is driven by increasing online betting penetration, favorable sports results, and successful marketing campaigns. The acquisition of Tabcorp's media and wagering business also contributed to the growth. Additionally, the company's focus on responsible gambling and customer engagement initiatives has helped to attract and retain customers, further boosting revenue.

Flutter Entertainment Plc Products

Product Range What is it ?
Sports Betting Flutter Entertainment plc offers sports betting services through its various brands, allowing customers to place bets on various sports and events.
Gaming The company provides online gaming services, including casino, poker, and bingo, through its brands such as Betfair and Paddy Power.
Poker Flutter Entertainment plc offers online poker services through its brands, allowing customers to play against other players.
Bingo The company provides online bingo services through its brands, offering various bingo games and promotions.
Daily Fantasy Sports Flutter Entertainment plc offers daily fantasy sports services through its brands, allowing customers to create fantasy teams and compete against others.
Racing The company provides online horse and greyhound racing services through its brands, allowing customers to place bets on races.

Flutter Entertainment plc's Porter Forces

Flutter Entertainment plc operates in a highly competitive industry, and customers have various alternatives to choose from. However, the company's strong brand portfolio and diversified product offerings mitigate the threat of substitutes to some extent.

Flutter Entertainment plc's customers have limited bargaining power due to the company's strong market position and diversified product offerings. Additionally, the company's focus on customer retention and loyalty programs helps to reduce customer bargaining power.

Flutter Entertainment plc has a diversified supplier base, which reduces the bargaining power of individual suppliers. The company's strong financial position and long-term contracts with suppliers also mitigate the bargaining power of suppliers.

The online gaming industry is highly competitive, and new entrants can easily enter the market. However, Flutter Entertainment plc's strong brand portfolio, diversified product offerings, and established market position provide a barrier to entry for new entrants.

The online gaming industry is highly competitive, with many established players competing for market share. Flutter Entertainment plc's strong brand portfolio and diversified product offerings help the company to compete effectively in this environment.

Capital Structure

Value
Debt Weight 41.68%
Debt Cost 6.56%
Equity Weight 58.32%
Equity Cost 8.30%
WACC 7.57%
Leverage 71.48%

Historical Valuation

Price/Earnings Ratio

Margin Valuation

Peers Valuation

Competitors

Company Rational
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KER.PA Kering SA develops, designs, manufactures, markets, and sells apparel and accessories. The company offers shoes; leather goods, including handbags and wallets, purses, and other leather products; eyewear, textile accessories, etc.; …

Peers Metrics

DCF BETA

Parameters

Short Term Growth
Short term Time
Long-Term Growth
WACC
Target Price
218.1$
Current Price
218.1$
Potential
-0.00%

Expected Cash-Flows

Scoring Insights

Peers Group Analysis

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