Is It Too Late To Consider Buying Flutter Entertainment plc (LON:FLTR)?
May 26
U.K. (FTSE) Casinos and Gaming Industry Analysis
UpdatedJun 06, 2023
DataAggregated Company Financials
Companies10
- 7D-2.8%
- 3M6.5%
- 1Y40.6%
- YTD25.5%
Over the last 7 days, the Casinos and Gaming industry has dropped 2.0%, driven by pullbacks in Entain and Flutter Entertainment of 6.8% and 1.8%, respectively. Over the past 12 months, the industry was up 42%. As for the next few years, earnings are expected to grow by 44% per annum.
Industry Valuation and Performance
Has the U.K. Casinos and Gaming Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Tue, 06 Jun 2023 | UK£38.1b | UK£14.2b | -UK£345,429,041.00 | 32.1x | -110.2x | 2.7x |
| Thu, 04 May 2023 | UK£38.8b | UK£14.2b | -UK£344,769,931.00 | 31x | -112.5x | 2.7x |
| Sat, 01 Apr 2023 | UK£35.6b | UK£15.0b | -UK£309,202,408.00 | 13.2x | -115.1x | 2.4x |
| Mon, 27 Feb 2023 | UK£33.3b | UK£13.5b | UK£2.7m | 13.1x | 12207.2x | 2.5x |
| Wed, 25 Jan 2023 | UK£34.7b | UK£13.5b | UK£183.5m | 10.2x | 188.9x | 2.6x |
| Fri, 23 Dec 2022 | UK£30.4b | UK£13.5b | UK£183.7m | 9.1x | 165.7x | 2.3x |
| Sun, 20 Nov 2022 | UK£30.9b | UK£13.5b | UK£180.6m | 11.9x | 170.8x | 2.3x |
| Tue, 18 Oct 2022 | UK£27.5b | UK£13.5b | UK£183.1m | 9.7x | 150.1x | 2x |
| Thu, 15 Sep 2022 | UK£27.6b | UK£13.2b | UK£465.9m | 13.6x | 59.4x | 2.1x |
| Sat, 13 Aug 2022 | UK£29.8b | UK£13.0b | UK£427.3m | 17.5x | 69.8x | 2.3x |
| Mon, 11 Jul 2022 | UK£23.7b | UK£12.4b | UK£524.4m | 12.4x | 45.2x | 1.9x |
| Wed, 08 Jun 2022 | UK£27.8b | UK£12.3b | UK£529.6m | 16.6x | 52.5x | 2.3x |
| Fri, 06 May 2022 | UK£26.3b | UK£12.4b | UK£531.5m | 14.9x | 49.5x | 2.1x |
| Sun, 03 Apr 2022 | UK£28.4b | UK£12.3b | UK£519.2m | 18.7x | 54.8x | 2.3x |
| Tue, 01 Mar 2022 | UK£32.6b | UK£12.0b | UK£435.4m | 62.4x | 74.9x | 2.7x |
| Thu, 27 Jan 2022 | UK£31.3b | UK£11.8b | UK£304.0m | 39.4x | 102.8x | 2.6x |
| Sat, 25 Dec 2021 | UK£34.2b | UK£11.8b | UK£310.3m | 42.1x | 110.1x | 2.9x |
| Mon, 22 Nov 2021 | UK£15.8b | UK£5.9b | UK£378.3m | 55.5x | 41.7x | 2.7x |
| Wed, 20 Oct 2021 | UK£19.4b | UK£6.6b | UK£436.6m | 36.8x | 44.5x | 2.9x |
| Fri, 17 Sep 2021 | UK£17.2b | UK£6.7b | UK£77.9m | 36.3x | 221.4x | 2.6x |
| Sun, 15 Aug 2021 | UK£17.3b | UK£6.7b | UK£74.8m | 34.9x | 231.6x | 2.6x |
| Thu, 10 Jun 2021 | UK£15.9b | UK£6.6b | UK£49.9m | 33.4x | 319.4x | 2.4x |
| Wed, 03 Mar 2021 | UK£13.5b | UK£6.5b | UK£20.9m | 27.4x | 645.7x | 2.1x |
| Sat, 05 Dec 2020 | UK£10.3b | UK£6.4b | -UK£110,626,328.03 | 26.5x | -93.4x | 1.6x |
| Tue, 08 Sep 2020 | UK£8.6b | UK£6.5b | -UK£56,320,234.98 | 37.3x | -152.4x | 1.3x |
Price to Earnings Ratio
-128.4x
Current Industry PE
- Investors are optimistic on the British Casinos and Gaming industry, and appear confident in long term growth rates.
- The 3-year average PS ratio of 2.4x is lower than the industry's current PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Casinos and Gaming industry have deteriorated over the last three years.
- Meanwhile revenues for these companies have grown 30% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has caused losses to expand.
Industry Comparison
How does U.K. Casinos and Gaming compare with similar industries?
| GB Market | -0.026% | |
| Consumer Discretionary | 0.47% | |
| Hospitality | -1.15% | |
| Casinos and Gaming | -2.83% | |
| Hotels, Resorts and Cruise Lines | 2.08% | |
| Leisure Facilities | 0.88% | |
| Restaurants | -0.41% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 888 888 Holdings | UK£0.80 | 15.8% +UK£49.1m | -60.9% | PS0.3x | |
| PTEC Playtech | UK£6.08 | 0.9% +UK£16.6m | 8.0% | PE52.4x | |
| RNK Rank Group | UK£0.98 | 1.0% +UK£4.7m | -10.9% | PS0.7x |
