View Future GrowthFDJ United 過去の業績過去 基準チェック /06FDJ Unitedの収益は年間平均-7.7%の割合で減少していますが、 Hospitality業界の収益は年間 増加しています。収益は年間34.3% 11.6%割合で 増加しています。 FDJ Unitedの自己資本利益率は4.1%であり、純利益率は0.7%です。主要情報-7.72%収益成長率-7.02%EPS成長率Hospitality 業界の成長-11.79%収益成長率11.57%株主資本利益率4.15%ネット・マージン0.67%前回の決算情報30 Jun 2026最近の業績更新Reported Earnings • Jul 31First half 2026 earnings released: €0.087 loss per share (vs €0.73 profit in 1H 2025)First half 2026 results: €0.087 loss per share (down from €0.73 profit in 1H 2025). Revenue: €1.78b (down 4.5% from 1H 2025). Net loss: €16.2m (down 112% from profit in 1H 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Nov 19FDJ United to Report First Half, 2026 Results on Jul 29, 2026FDJ United announced that they will report first half, 2026 results on Jul 29, 2026お知らせ • Oct 15+ 1 more updateFDJ United to Report Fiscal Year 2025 Results on Feb 19, 2026FDJ United announced that they will report fiscal year 2025 results Pre-Market on Feb 19, 2026お知らせ • Oct 31La Française des Jeux Société anonyme to Report First Half, 2025 Results on Jul 30, 2025La Française des Jeux Société anonyme announced that they will report first half, 2025 results on Jul 30, 2025お知らせ • Oct 17+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2024 Results on Mar 06, 2025La Française des Jeux Société anonyme announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025Reported Earnings • Jul 28First half 2024 earnings released: EPS: €1.15 (vs €0.95 in 1H 2023)First half 2024 results: EPS: €1.15 (up from €0.95 in 1H 2023). Revenue: €1.43b (up 11% from 1H 2023). Net income: €212.7m (up 18% from 1H 2023). Profit margin: 15% (in line with 1H 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.すべての更新を表示Recent updatesReported Earnings • Jul 31First half 2026 earnings released: €0.087 loss per share (vs €0.73 profit in 1H 2025)First half 2026 results: €0.087 loss per share (down from €0.73 profit in 1H 2025). Revenue: €1.78b (down 4.5% from 1H 2025). Net loss: €16.2m (down 112% from profit in 1H 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.New Risk • Jul 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 162% Dividend yield: 9.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 162% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).お知らせ • Apr 24+ 1 more updateFDJ United Approves Dividend for the Financial Year Ended 31 December 2025, Payable on 30 April, 2026At the Annual Ordinary and Extraordinary Shareholders’ Meeting held on 23 April 2026, the Board of FDJ United approved dividend of €2.10 per share for the financial year ended 31 December 2025, to be paid on 30 April.お知らせ • Apr 23+ 1 more updateFDJ UNITED Announces Chief Financial Officer ChangesFDJ UNITED has announced the appointment of Dan Lévy as Chief Financial Officer starting May 18, 2026. Mr. Lévy will take over this role from Pascal Chaffard, who has been appointed Chief Online Betting and Gaming Officer as well as Group Strategy and Operational Transformation Officer at FDJ UNITED. Mr. Lévy previously served as Chief Financial Officer of the Ipsos group. He spent the early part of his career at the French Ministry for the Economy and Finance, within the Directorate General of the Treasury and then the Directorate of the Budget. From 2005 to 2007, Mr. Lévy was seconded to the UK Treasury as an economist. He joined Société Générale in 2010, first at the General Inspectorate and then as a senior banker, before leading a business center for major companies. He was appointed Chief Financial Officer of the Ipsos group in 2022. Mr. Lévy is a graduate of France’s École Polytechnique, École Nationale de la Statistique et de l’Administration Économique (ENSAE) and Institut d’Études Politiques (IEP, or Sciences Po) Paris.お知らせ • Feb 24FDJ United, Annual General Meeting, Apr 23, 2026FDJ United, Annual General Meeting, Apr 23, 2026.お知らせ • Feb 19+ 2 more updatesFDJ United Announces Executive ChangesFDJ UNITED made changes to its Executive Committee, with the appointment of Pascal Chaffard as Chief Online Betting and Gaming Officer as well as Group Strategy and Operational Transformation Officer, and Celia Verot as General Secretary. Currently Chief Financial Officer, Strategy and Performance leader, Pascal Chaffard is taking over as head of the Online Betting and Gaming business unit. Pascal Chaffard will also be responsible for the Group's strategy and operational transformation. As Chief Online Betting and Gaming Officer, Nils Andén has overseen Kindred's integration into the Group since October 2024; he is leaving the company to pursue new projects. The appointment of the new CFO will be announced at the end of the recruitment process currently under way. In addition, Celia Verot, who joined FDJ UNITED in 2024 as Chief Regulatory Officer, was appointed General Secretary, General Counsel and Chief Regulatory Officer for the Group on 1 January.お知らせ • Nov 19FDJ United to Report First Half, 2026 Results on Jul 29, 2026FDJ United announced that they will report first half, 2026 results on Jul 29, 2026お知らせ • Oct 16FDJ United Provides Earnings Guidance for the Fourth Quarter and Full Year 2025FDJ United provided earnings guidance for the fourth quarter and full year 2025. For the quarter, the company anticipates a slight decline in revenue compared to the fourth quarter of 2024. For the year, the company expects Revenue to exceed 3.7 billion.お知らせ • Oct 15+ 1 more updateFDJ United to Report Fiscal Year 2025 Results on Feb 19, 2026FDJ United announced that they will report fiscal year 2025 results Pre-Market on Feb 19, 2026お知らせ • Jul 09+ 1 more updateFDJ United has filed a Follow-on Equity Offering.FDJ United has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 6,110,156 Transaction Features: Subsequent Direct Listingお知らせ • May 23+ 1 more updateFDJ United approves dividend, payable on 3 June 2025FDJ United at its Combined General Meeting of 22 May 2025 approved the payment of a dividend of €2.05 per share to be paid on 3 June 2025.お知らせ • Apr 17FDJ United, Annual General Meeting, May 22, 2025FDJ United, Annual General Meeting, May 22, 2025. Location: 25 avenue victor cresson, issy les moulineaux Franceお知らせ • Mar 06+ 1 more updateLa Française Des Jeux Proposes Dividend, Payable on 3 June, 2025The Board of Directors of La Française des Jeux Société anonyme on 5 March 2025 proposed a dividend of €2.05 per share, an increase of 15%, representing a payout ratio of 77% of adjusted net profit, in line with Group practice. The dividend will be paid on 3 June, 2025. The ex-dividend date will be 27 May 2025, with a last trading day for the attached dividend on 26 May, 2025.お知らせ • Nov 21La Française des Jeux Société anonyme has filed a Follow-on Equity Offering.La Française des Jeux Société anonyme has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,073,436 Transaction Features: Subsequent Direct Listingお知らせ • Oct 31La Française des Jeux Société anonyme to Report First Half, 2025 Results on Jul 30, 2025La Française des Jeux Société anonyme announced that they will report first half, 2025 results on Jul 30, 2025お知らせ • Oct 17+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2024 Results on Mar 06, 2025La Française des Jeux Société anonyme announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025Reported Earnings • Jul 28First half 2024 earnings released: EPS: €1.15 (vs €0.95 in 1H 2023)First half 2024 results: EPS: €1.15 (up from €0.95 in 1H 2023). Revenue: €1.43b (up 11% from 1H 2023). Net income: €212.7m (up 18% from 1H 2023). Profit margin: 15% (in line with 1H 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Buy Or Sell Opportunity • May 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €33.50. The fair value is estimated to be €41.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.お知らせ • Apr 27+ 1 more updateLa Française des Jeux Société anonyme Approves Dividend, Payable as from 7 May 2024FDJ's Annual and Extraordinary Ordinary General Meeting held on 25 April 2024, approved payment of a dividend of €1.78 per share, which will be payable as from 7 May 2024.Upcoming Dividend • Apr 26Upcoming dividend of €1.78 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 07 May 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €2.23 (vs €1.61 in FY 2022)Full year 2023 results: EPS: €2.23 (up from €1.61 in FY 2022). Revenue: €2.62b (up 6.5% from FY 2022). Net income: €425.1m (up 38% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.New Risk • Mar 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (112% cash payout ratio).Declared Dividend • Feb 19Dividend increased to €1.78Dividend of €1.78 is 30% higher than last year. Ex-date: 3rd May 2024 Payment date: 7th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 32% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.Reported Earnings • Feb 18Full year 2023 earnings released: EPS: €2.23 (vs €1.61 in FY 2022)Full year 2023 results: EPS: €2.23 (up from €1.61 in FY 2022). Revenue: €2.62b (up 6.5% from FY 2022). Net income: €425.1m (up 38% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 15+ 1 more updateLa Française des Jeux Proposes Dividend, Payable on 7 May 2024La Française Des Jeux proposed a dividend of EUR 1.78 per share to the Shareholders’ Meeting of 25 April 2024, an increase of 30%, i.e. a payout ratio of 80% in line with the Group’s commitments. Payment will be made on 7 May 2024.お知らせ • Jan 23+ 1 more updateFDJ Reportedly Nears Roughly $2.5 Billion Deal for Kindred GroupLa Française des Jeux Société anonyme (ENXTPA:FDJ) is in talks to acquire Kindred Group plc (OM:KIND SDB) for around $2.5 billion, according to people familiar with the matter, in a deal that would create one of Europe’s biggest online gambling companies. A deal could be announced as soon as January 22, 2024, assuming talks don’t break down, the people said. It would follow calls for the possible sale of the Stockholm-listed company by Corvex Management, a New York activist investor headed by Keith Meister.お知らせ • Nov 21+ 1 more updateLa Française des Jeux Société anonyme to Report First Half, 2024 Results on Jul 25, 2024La Française des Jeux Société anonyme announced that they will report first half, 2024 results on Jul 25, 2024お知らせ • Nov 05La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund.La Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund for an enterprise value of €350 million on July 27, 2023. The completion of this transaction remains subject to customary conditions precedent, including the Irish national lottery regulator's approval, which is expected to come in the second half of 2023.As on October 3, 2023, the Irish lottery regulator gave approval for the deal. The transaction is expected to be finalized in early November. Katherine Moir and Nicola Hemsley of Clifford Chance advised La Française and A&L Goodbody advised on certain Irish law aspects of the transaction. Andreas McConnell, Anna Hickey, Inez Cullen and Sean McElligott of Philip Lee Solicitors acted as legal advisors to the senior management team of Premier Lotteries Ireland. Richard Johnson, Helen Buchanan, Alex Potter and Deirdre Trapp from Freshfields Bruckhaus Deringer LLP acted as legal advisors to Teachers' Private Capital. Madeline McDonnell, Kate McKenna from Matheson Ormsby Prentice acted as legal advisors to An Post Limited in the transaction. La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund on November 3, 2023.お知らせ • Oct 20+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2023 Results on Feb 15, 2024La Française des Jeux Société anonyme announced that they will report fiscal year 2023 results Pre-Market on Feb 15, 2024お知らせ • Oct 01La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of ZEturf Limited for enterprise value of €175 million.La Française des Jeux Société anonyme (ENXTPA:FDJ) entered into an agreement to acquire ZEturf Limited on November 17, 2022. The transaction puts the ZEturf group’s value at €175 million. Additional consideration may be paid depending on performance in 2023. The transaction will be accretive for the contribution margin of FDJ’s Sports Betting & Online Gaming BU from 2024. It is expected to close in the second half of 2023, once the conditions precedent have been met, including approval by the French Competition Authority. The ZEturf group has around a hundred employees and generated nearly €50 million in revenue in 2021. As of September 15, 2023, The Competition Authority authorizes the FDJ to buy ZEturf with some conditions. In this transaction Mayer Brown served as legal counsel and Messier Maris et Associés S.C.A as financial advisor to FDJ. Mark Lautier , Rachel Drago, Mark Abela, Ruth Vella, Catherine Baflast, Soledad Pascual, Arielle Ohayon-Cohen, Julie Givernaud, Stéphane Henrion, Ludivine Coupé, David Ferry, Victoria Muscat, Michael Borg, Aurélie Cluzel-d'Andlau, Pauline Guilbaud d'Humières, Inès Rivoallan, Mark Lautier, Ruth Vella and Stefania Marie Farrugia of PwC Société d'Avocats advised FDJ on the transaction. Sophie Cornette de Saint Cyr of Bredin Prat & Associes acted as legal advisor to shareholders of the ZEturf / ZEbet. Mayer Brown LLP acted as legal advisor to La Française des Jeux Société anonyme (ENXTPA:FDJ). La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of ZEturf Limited on September 29, 2023.Buying Opportunity • Aug 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €41.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.Reported Earnings • Jul 31First half 2023 earnings released: EPS: €0.95 (vs €0.84 in 1H 2022)First half 2023 results: EPS: €0.95 (up from €0.84 in 1H 2022). Revenue: €1.29b (up 6.3% from 1H 2022). Net income: €181.0m (up 14% from 1H 2022). Profit margin: 14% (in line with 1H 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.お知らせ • Jul 28+ 1 more updateLa Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited for an enterprise value of €350 million.La Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited for an enterprise value of €350 million on July 27, 2023. The completion of this transaction remains subject to customary conditions precedent, including the Irish national lottery regulator's approval, which is expected to come in the second half of 2023. Katherine Moir and Nicola Hemsley of Clifford Chance advised La Française and A&L Goodbody advised on certain Irish law aspects of the transaction.Upcoming Dividend • Apr 28Upcoming dividend of €1.37 per share at 3.5% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 09 May 2023. Payout ratio and cash payout ratio are on the higher end at 85% and 76% respectively. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.2%).Reported Earnings • Feb 16Full year 2022 earnings released: EPS: €1.61 (vs €1.54 in FY 2021)Full year 2022 results: EPS: €1.61 (up from €1.54 in FY 2021). Revenue: €2.46b (up 9.1% from FY 2021). Net income: €307.9m (up 4.7% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.お知らせ • Nov 25La Française des Jeux Société anonyme to Report First Half, 2023 Results on Jul 27, 2023La Française des Jeux Société anonyme announced that they will report first half, 2023 results on Jul 27, 2023お知らせ • Oct 14La Française des Jeux Société anonyme to Report Fiscal Year 2022 Results on Feb 15, 2023La Française des Jeux Société anonyme announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Feb 15, 2023Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €25.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Hospitality industry in Europe. Total loss to shareholders of 43% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €34.79 per share.Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €145.7m from profit in 1H 2021). Profit margin: (down from 14% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.3%, compared to a 702% growth forecast for the industry in Germany.Upcoming Dividend • Apr 27Upcoming dividend of €1.24 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 04 May 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.0%). Higher than average of industry peers (1.8%).Reported Earnings • Feb 17Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.54 (up from €1.12 in FY 2020). Revenue: €2.26b (up 18% from FY 2020). Net income: €294.2m (up 38% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 3.0%, compared to a 112% growth forecast for the restaurants industry in Germany.Reported Earnings • Aug 02First half 2021 earnings released: EPS €0.26 (vs €0.26 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.08b (up 27% from 1H 2020). Net income: €145.7m (up 190% from 1H 2020). Profit margin: 14% (up from 5.9% in 1H 2020). The increase in margin was driven by higher revenue.Upcoming Dividend • Jun 14Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 23 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (1.9%).Is New 90 Day High Low • Mar 03New 90-day high: €38.68The company is up 11% from its price of €34.79 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.06 per share.Reported Earnings • Feb 18Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €1.92b (down 1.8% from FY 2019). Net income: €213.7m (up 61% from FY 2019). Profit margin: 11% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.Analyst Estimate Surprise Post Earnings • Feb 18Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 10%, compared to a 28% growth forecast for the Hospitality industry in Germany.Is New 90 Day High Low • Jan 14New 90-day high: €37.10The company is up 9.0% from its price of €34.00 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.61 per share.Is New 90 Day High Low • Dec 30New 90-day high: €36.45The company is up 18% from its price of €30.95 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.88 per share.Is New 90 Day High Low • Dec 10New 90-day high: €35.52The company is up 15% from its price of €30.82 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.99 per share.Is New 90 Day High Low • Nov 20New 90-day high: €35.50The company is up 14% from its price of €31.11 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.86 per share.Is New 90 Day High Low • Oct 10New 90-day high: €32.25The company is up 19% from its price of €27.20 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.67 per share.収支内訳FDJ United の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史DB:1WE 収益、費用、利益 ( )EUR Millions日付収益収益G+A経費研究開発費30 Jun 263,59324642031 Mar 263,635100643031 Dec 253,678176645030 Sep 253,591249624030 Jun 253,504322603031 Mar 253,284360533031 Dec 243,065399463030 Sep 242,913428338030 Jun 242,761457214031 Mar 242,691441288031 Dec 232,622425362030 Sep 232,580377527030 Jun 232,538330693031 Mar 232,499319677031 Dec 222,461308661030 Sep 222,424308650030 Jun 222,386308639031 Mar 222,321301626031 Dec 212,256294614030 Sep 212,204302583030 Jun 212,153309553031 Mar 212,036261527031 Dec 201,920214502030 Sep 201,890151508030 Jun 201,86087514031 Mar 201,908110509031 Dec 191,956133504030 Sep 191,903152482030 Jun 191,850172460031 Mar 191,826171457031 Dec 181,803170453031 Dec 171,762181432031 Dec 161,696176405031 Dec 151,64915910質の高い収益: 1WEには€335.5M } という大きな 一回限りの 損失があり、過去 12 か月の財務実績が30th June, 2026に影響を及ぼしています。利益率の向上: 1WEの現在の純利益率 (0.7%)は、昨年(9.2%)よりも低くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: 1WEの収益は過去 5 年間で年間7.7%減少しました。成長の加速: 1WEは過去 1 年間の収益成長がマイナスであったため、5 年間の平均と比較することはできません。収益対業界: 1WEは過去 1 年間で収益成長率がマイナス ( -92.5% ) となったため、 Hospitality業界平均 ( 71.9% ) と比較することが困難です。株主資本利益率高いROE: 1WEの 自己資本利益率 ( 4.1% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YConsumer-services 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/07/31 06:21終値2026/07/31 00:00収益2026/06/30年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社のGitHubページでご覧いただけます。また、レポートの活用方法に関するガイドやYouTubeのチュートリアルも用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋FDJ United 9 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。17 アナリスト機関Sabrina BlancBernsteinJaafar MestariBNP ParibasKiranjot GrewalBofA Global Research14 その他のアナリストを表示
Reported Earnings • Jul 31First half 2026 earnings released: €0.087 loss per share (vs €0.73 profit in 1H 2025)First half 2026 results: €0.087 loss per share (down from €0.73 profit in 1H 2025). Revenue: €1.78b (down 4.5% from 1H 2025). Net loss: €16.2m (down 112% from profit in 1H 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 19FDJ United to Report First Half, 2026 Results on Jul 29, 2026FDJ United announced that they will report first half, 2026 results on Jul 29, 2026
お知らせ • Oct 15+ 1 more updateFDJ United to Report Fiscal Year 2025 Results on Feb 19, 2026FDJ United announced that they will report fiscal year 2025 results Pre-Market on Feb 19, 2026
お知らせ • Oct 31La Française des Jeux Société anonyme to Report First Half, 2025 Results on Jul 30, 2025La Française des Jeux Société anonyme announced that they will report first half, 2025 results on Jul 30, 2025
お知らせ • Oct 17+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2024 Results on Mar 06, 2025La Française des Jeux Société anonyme announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €1.15 (vs €0.95 in 1H 2023)First half 2024 results: EPS: €1.15 (up from €0.95 in 1H 2023). Revenue: €1.43b (up 11% from 1H 2023). Net income: €212.7m (up 18% from 1H 2023). Profit margin: 15% (in line with 1H 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Jul 31First half 2026 earnings released: €0.087 loss per share (vs €0.73 profit in 1H 2025)First half 2026 results: €0.087 loss per share (down from €0.73 profit in 1H 2025). Revenue: €1.78b (down 4.5% from 1H 2025). Net loss: €16.2m (down 112% from profit in 1H 2025). Revenue is forecast to grow 4.5% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
New Risk • Jul 30New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 162% Dividend yield: 9.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Dividend per share is over 15x earnings per share. Cash payout ratio: 162% Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.7% net profit margin).
お知らせ • Apr 24+ 1 more updateFDJ United Approves Dividend for the Financial Year Ended 31 December 2025, Payable on 30 April, 2026At the Annual Ordinary and Extraordinary Shareholders’ Meeting held on 23 April 2026, the Board of FDJ United approved dividend of €2.10 per share for the financial year ended 31 December 2025, to be paid on 30 April.
お知らせ • Apr 23+ 1 more updateFDJ UNITED Announces Chief Financial Officer ChangesFDJ UNITED has announced the appointment of Dan Lévy as Chief Financial Officer starting May 18, 2026. Mr. Lévy will take over this role from Pascal Chaffard, who has been appointed Chief Online Betting and Gaming Officer as well as Group Strategy and Operational Transformation Officer at FDJ UNITED. Mr. Lévy previously served as Chief Financial Officer of the Ipsos group. He spent the early part of his career at the French Ministry for the Economy and Finance, within the Directorate General of the Treasury and then the Directorate of the Budget. From 2005 to 2007, Mr. Lévy was seconded to the UK Treasury as an economist. He joined Société Générale in 2010, first at the General Inspectorate and then as a senior banker, before leading a business center for major companies. He was appointed Chief Financial Officer of the Ipsos group in 2022. Mr. Lévy is a graduate of France’s École Polytechnique, École Nationale de la Statistique et de l’Administration Économique (ENSAE) and Institut d’Études Politiques (IEP, or Sciences Po) Paris.
お知らせ • Feb 24FDJ United, Annual General Meeting, Apr 23, 2026FDJ United, Annual General Meeting, Apr 23, 2026.
お知らせ • Feb 19+ 2 more updatesFDJ United Announces Executive ChangesFDJ UNITED made changes to its Executive Committee, with the appointment of Pascal Chaffard as Chief Online Betting and Gaming Officer as well as Group Strategy and Operational Transformation Officer, and Celia Verot as General Secretary. Currently Chief Financial Officer, Strategy and Performance leader, Pascal Chaffard is taking over as head of the Online Betting and Gaming business unit. Pascal Chaffard will also be responsible for the Group's strategy and operational transformation. As Chief Online Betting and Gaming Officer, Nils Andén has overseen Kindred's integration into the Group since October 2024; he is leaving the company to pursue new projects. The appointment of the new CFO will be announced at the end of the recruitment process currently under way. In addition, Celia Verot, who joined FDJ UNITED in 2024 as Chief Regulatory Officer, was appointed General Secretary, General Counsel and Chief Regulatory Officer for the Group on 1 January.
お知らせ • Nov 19FDJ United to Report First Half, 2026 Results on Jul 29, 2026FDJ United announced that they will report first half, 2026 results on Jul 29, 2026
お知らせ • Oct 16FDJ United Provides Earnings Guidance for the Fourth Quarter and Full Year 2025FDJ United provided earnings guidance for the fourth quarter and full year 2025. For the quarter, the company anticipates a slight decline in revenue compared to the fourth quarter of 2024. For the year, the company expects Revenue to exceed 3.7 billion.
お知らせ • Oct 15+ 1 more updateFDJ United to Report Fiscal Year 2025 Results on Feb 19, 2026FDJ United announced that they will report fiscal year 2025 results Pre-Market on Feb 19, 2026
お知らせ • Jul 09+ 1 more updateFDJ United has filed a Follow-on Equity Offering.FDJ United has filed a Follow-on Equity Offering. Security Name: Shares Security Type: Common Stock Securities Offered: 6,110,156 Transaction Features: Subsequent Direct Listing
お知らせ • May 23+ 1 more updateFDJ United approves dividend, payable on 3 June 2025FDJ United at its Combined General Meeting of 22 May 2025 approved the payment of a dividend of €2.05 per share to be paid on 3 June 2025.
お知らせ • Apr 17FDJ United, Annual General Meeting, May 22, 2025FDJ United, Annual General Meeting, May 22, 2025. Location: 25 avenue victor cresson, issy les moulineaux France
お知らせ • Mar 06+ 1 more updateLa Française Des Jeux Proposes Dividend, Payable on 3 June, 2025The Board of Directors of La Française des Jeux Société anonyme on 5 March 2025 proposed a dividend of €2.05 per share, an increase of 15%, representing a payout ratio of 77% of adjusted net profit, in line with Group practice. The dividend will be paid on 3 June, 2025. The ex-dividend date will be 27 May 2025, with a last trading day for the attached dividend on 26 May, 2025.
お知らせ • Nov 21La Française des Jeux Société anonyme has filed a Follow-on Equity Offering.La Française des Jeux Société anonyme has filed a Follow-on Equity Offering. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 4,073,436 Transaction Features: Subsequent Direct Listing
お知らせ • Oct 31La Française des Jeux Société anonyme to Report First Half, 2025 Results on Jul 30, 2025La Française des Jeux Société anonyme announced that they will report first half, 2025 results on Jul 30, 2025
お知らせ • Oct 17+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2024 Results on Mar 06, 2025La Française des Jeux Société anonyme announced that they will report fiscal year 2024 results Pre-Market on Mar 06, 2025
Reported Earnings • Jul 28First half 2024 earnings released: EPS: €1.15 (vs €0.95 in 1H 2023)First half 2024 results: EPS: €1.15 (up from €0.95 in 1H 2023). Revenue: €1.43b (up 11% from 1H 2023). Net income: €212.7m (up 18% from 1H 2023). Profit margin: 15% (in line with 1H 2023). Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Buy Or Sell Opportunity • May 04Now 20% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to €33.50. The fair value is estimated to be €41.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.3% over the last 3 years. Earnings per share has grown by 14%. For the next 3 years, revenue is forecast to grow by 4.9% per annum. Earnings are also forecast to grow by 4.9% per annum over the same time period.
お知らせ • Apr 27+ 1 more updateLa Française des Jeux Société anonyme Approves Dividend, Payable as from 7 May 2024FDJ's Annual and Extraordinary Ordinary General Meeting held on 25 April 2024, approved payment of a dividend of €1.78 per share, which will be payable as from 7 May 2024.
Upcoming Dividend • Apr 26Upcoming dividend of €1.78 per shareEligible shareholders must have bought the stock before 03 May 2024. Payment date: 07 May 2024. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (3.0%).
Reported Earnings • Mar 25Full year 2023 earnings released: EPS: €2.23 (vs €1.61 in FY 2022)Full year 2023 results: EPS: €2.23 (up from €1.61 in FY 2022). Revenue: €2.62b (up 6.5% from FY 2022). Net income: €425.1m (up 38% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Mar 10New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 21% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (21% accrual ratio). Minor Risk Dividend is not well covered by cash flows (112% cash payout ratio).
Declared Dividend • Feb 19Dividend increased to €1.78Dividend of €1.78 is 30% higher than last year. Ex-date: 3rd May 2024 Payment date: 7th May 2024 Dividend yield will be 4.6%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (79% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 32% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 13% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
Reported Earnings • Feb 18Full year 2023 earnings released: EPS: €2.23 (vs €1.61 in FY 2022)Full year 2023 results: EPS: €2.23 (up from €1.61 in FY 2022). Revenue: €2.62b (up 6.5% from FY 2022). Net income: €425.1m (up 38% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 8.2% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 15+ 1 more updateLa Française des Jeux Proposes Dividend, Payable on 7 May 2024La Française Des Jeux proposed a dividend of EUR 1.78 per share to the Shareholders’ Meeting of 25 April 2024, an increase of 30%, i.e. a payout ratio of 80% in line with the Group’s commitments. Payment will be made on 7 May 2024.
お知らせ • Jan 23+ 1 more updateFDJ Reportedly Nears Roughly $2.5 Billion Deal for Kindred GroupLa Française des Jeux Société anonyme (ENXTPA:FDJ) is in talks to acquire Kindred Group plc (OM:KIND SDB) for around $2.5 billion, according to people familiar with the matter, in a deal that would create one of Europe’s biggest online gambling companies. A deal could be announced as soon as January 22, 2024, assuming talks don’t break down, the people said. It would follow calls for the possible sale of the Stockholm-listed company by Corvex Management, a New York activist investor headed by Keith Meister.
お知らせ • Nov 21+ 1 more updateLa Française des Jeux Société anonyme to Report First Half, 2024 Results on Jul 25, 2024La Française des Jeux Société anonyme announced that they will report first half, 2024 results on Jul 25, 2024
お知らせ • Nov 05La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund.La Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund for an enterprise value of €350 million on July 27, 2023. The completion of this transaction remains subject to customary conditions precedent, including the Irish national lottery regulator's approval, which is expected to come in the second half of 2023.As on October 3, 2023, the Irish lottery regulator gave approval for the deal. The transaction is expected to be finalized in early November. Katherine Moir and Nicola Hemsley of Clifford Chance advised La Française and A&L Goodbody advised on certain Irish law aspects of the transaction. Andreas McConnell, Anna Hickey, Inez Cullen and Sean McElligott of Philip Lee Solicitors acted as legal advisors to the senior management team of Premier Lotteries Ireland. Richard Johnson, Helen Buchanan, Alex Potter and Deirdre Trapp from Freshfields Bruckhaus Deringer LLP acted as legal advisors to Teachers' Private Capital. Madeline McDonnell, Kate McKenna from Matheson Ormsby Prentice acted as legal advisors to An Post Limited in the transaction. La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of Premier Lotteries Ireland Limited from Teachers' Private Capital, An Post Limited and An Post Pension Fund on November 3, 2023.
お知らせ • Oct 20+ 1 more updateLa Française des Jeux Société anonyme to Report Fiscal Year 2023 Results on Feb 15, 2024La Française des Jeux Société anonyme announced that they will report fiscal year 2023 results Pre-Market on Feb 15, 2024
お知らせ • Oct 01La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of ZEturf Limited for enterprise value of €175 million.La Française des Jeux Société anonyme (ENXTPA:FDJ) entered into an agreement to acquire ZEturf Limited on November 17, 2022. The transaction puts the ZEturf group’s value at €175 million. Additional consideration may be paid depending on performance in 2023. The transaction will be accretive for the contribution margin of FDJ’s Sports Betting & Online Gaming BU from 2024. It is expected to close in the second half of 2023, once the conditions precedent have been met, including approval by the French Competition Authority. The ZEturf group has around a hundred employees and generated nearly €50 million in revenue in 2021. As of September 15, 2023, The Competition Authority authorizes the FDJ to buy ZEturf with some conditions. In this transaction Mayer Brown served as legal counsel and Messier Maris et Associés S.C.A as financial advisor to FDJ. Mark Lautier , Rachel Drago, Mark Abela, Ruth Vella, Catherine Baflast, Soledad Pascual, Arielle Ohayon-Cohen, Julie Givernaud, Stéphane Henrion, Ludivine Coupé, David Ferry, Victoria Muscat, Michael Borg, Aurélie Cluzel-d'Andlau, Pauline Guilbaud d'Humières, Inès Rivoallan, Mark Lautier, Ruth Vella and Stefania Marie Farrugia of PwC Société d'Avocats advised FDJ on the transaction. Sophie Cornette de Saint Cyr of Bredin Prat & Associes acted as legal advisor to shareholders of the ZEturf / ZEbet. Mayer Brown LLP acted as legal advisor to La Française des Jeux Société anonyme (ENXTPA:FDJ). La Française des Jeux Société anonyme (ENXTPA:FDJ) completed the acquisition of ZEturf Limited on September 29, 2023.
Buying Opportunity • Aug 17Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 12%. The fair value is estimated to be €41.58, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 23%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 8.6% per annum over the same time period.
Reported Earnings • Jul 31First half 2023 earnings released: EPS: €0.95 (vs €0.84 in 1H 2022)First half 2023 results: EPS: €0.95 (up from €0.84 in 1H 2022). Revenue: €1.29b (up 6.3% from 1H 2022). Net income: €181.0m (up 14% from 1H 2022). Profit margin: 14% (in line with 1H 2022). Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth.
お知らせ • Jul 28+ 1 more updateLa Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited for an enterprise value of €350 million.La Française des Jeux Société anonyme (ENXTPA:FDJ) signed an agreement to acquire Premier Lotteries Ireland Limited for an enterprise value of €350 million on July 27, 2023. The completion of this transaction remains subject to customary conditions precedent, including the Irish national lottery regulator's approval, which is expected to come in the second half of 2023. Katherine Moir and Nicola Hemsley of Clifford Chance advised La Française and A&L Goodbody advised on certain Irish law aspects of the transaction.
Upcoming Dividend • Apr 28Upcoming dividend of €1.37 per share at 3.5% yieldEligible shareholders must have bought the stock before 05 May 2023. Payment date: 09 May 2023. Payout ratio and cash payout ratio are on the higher end at 85% and 76% respectively. Trailing yield: 3.5%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (2.2%).
Reported Earnings • Feb 16Full year 2022 earnings released: EPS: €1.61 (vs €1.54 in FY 2021)Full year 2022 results: EPS: €1.61 (up from €1.54 in FY 2021). Revenue: €2.46b (up 9.1% from FY 2021). Net income: €307.9m (up 4.7% from FY 2021). Profit margin: 13% (in line with FY 2021). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 8.9% growth forecast for the Hospitality industry in Germany. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
お知らせ • Nov 25La Française des Jeux Société anonyme to Report First Half, 2023 Results on Jul 27, 2023La Française des Jeux Société anonyme announced that they will report first half, 2023 results on Jul 27, 2023
お知らせ • Oct 14La Française des Jeux Société anonyme to Report Fiscal Year 2022 Results on Feb 15, 2023La Française des Jeux Société anonyme announced that they will report fiscal year 2022 results at 9:00 AM, Central European Standard Time on Feb 15, 2023
Valuation Update With 7 Day Price Move • Sep 21Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to €25.00, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 16x in the Hospitality industry in Europe. Total loss to shareholders of 43% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €34.79 per share.
Reported Earnings • Aug 02First half 2022 earnings releasedFirst half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (down €145.7m from profit in 1H 2021). Profit margin: (down from 14% in 1H 2021). The decrease in margin was driven by lower expenses. Over the next year, revenue is forecast to grow 2.3%, compared to a 702% growth forecast for the industry in Germany.
Upcoming Dividend • Apr 27Upcoming dividend of €1.24 per shareEligible shareholders must have bought the stock before 02 May 2022. Payment date: 04 May 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 3.6%. Lower than top quartile of German dividend payers (4.0%). Higher than average of industry peers (1.8%).
Reported Earnings • Feb 17Full year 2021 earnings: EPS in line with analyst expectations despite revenue beatFull year 2021 results: EPS: €1.54 (up from €1.12 in FY 2020). Revenue: €2.26b (up 18% from FY 2020). Net income: €294.2m (up 38% from FY 2020). Profit margin: 13% (up from 11% in FY 2020). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 1.8%. Over the next year, revenue is forecast to grow 3.0%, compared to a 112% growth forecast for the restaurants industry in Germany.
Reported Earnings • Aug 02First half 2021 earnings released: EPS €0.26 (vs €0.26 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: €1.08b (up 27% from 1H 2020). Net income: €145.7m (up 190% from 1H 2020). Profit margin: 14% (up from 5.9% in 1H 2020). The increase in margin was driven by higher revenue.
Upcoming Dividend • Jun 14Upcoming dividend of €0.90 per shareEligible shareholders must have bought the stock before 21 June 2021. Payment date: 23 June 2021. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (1.9%).
Is New 90 Day High Low • Mar 03New 90-day high: €38.68The company is up 11% from its price of €34.79 on 03 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.06 per share.
Reported Earnings • Feb 18Full year 2020 earnings releasedThe company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: €1.92b (down 1.8% from FY 2019). Net income: €213.7m (up 61% from FY 2019). Profit margin: 11% (up from 6.8% in FY 2019). The increase in margin was driven by lower expenses.
Analyst Estimate Surprise Post Earnings • Feb 18Revenue beats expectationsRevenue exceeded analyst estimates by 3.4%. Over the next year, revenue is forecast to grow 10%, compared to a 28% growth forecast for the Hospitality industry in Germany.
Is New 90 Day High Low • Jan 14New 90-day high: €37.10The company is up 9.0% from its price of €34.00 on 16 October 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.61 per share.
Is New 90 Day High Low • Dec 30New 90-day high: €36.45The company is up 18% from its price of €30.95 on 01 October 2020. The German market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €30.88 per share.
Is New 90 Day High Low • Dec 10New 90-day high: €35.52The company is up 15% from its price of €30.82 on 11 September 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.99 per share.
Is New 90 Day High Low • Nov 20New 90-day high: €35.50The company is up 14% from its price of €31.11 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €26.86 per share.
Is New 90 Day High Low • Oct 10New 90-day high: €32.25The company is up 19% from its price of €27.20 on 10 July 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.67 per share.