Entain Valuation

Q: What is the Fair Price of 6GI0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

6GI0 (€8.75) is trading below our estimate of [[fair value]] (€21.4)

Is 6GI0 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

Below Fair Value
Significantly Below Fair Value
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 6GI0 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6GI0 (€8.75) is trading below our estimate of fair value (€21.4)

Significantly Below Fair Value: 6GI0 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6GI0?

Key metric: As 6GI0 is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for 6GI0. This is calculated by dividing 6GI0's market cap by their current revenue.
What is 6GI0's PS Ratio?
PS Ratio	1x
Sales	UK£4.91b
Market Cap	UK£4.78b

6GI0 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	1.8x
Enterprise Value/EBITDA	10.6x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does 6GI0's PS Ratio compare to its peers?

The above table shows the PS ratio for 6GI0 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2.2x
TIMA ZEAL Network	6.2x	12.9%	€933.4m
DHER Delivery Hero	1x	11.1%	€10.6b
TUI1 TUI	0.2x	3.8%	€3.8b
EMH pferdewetten.de	1.4x	27.3%	€28.3m
6GI0 Entain	1x	4.5%	€4.8b

Price-To-Sales vs Peers: 6GI0 is good value based on its Price-To-Sales Ratio (1x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does 6GI0's PS Ratio compare vs other companies in the DE Hospitality Industry?

2 Companies	Price / Sales	Estimated Growth	Market Cap
MS1 Marley Spoon Group	0.07x	10.0%	US$14.23m
9UX Hostmore	0.0006x	n/a	US$138.43k

No more companies available in this PS range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: 6GI0 is good value based on its Price-To-Sales Ratio (1x) compared to the European Hospitality industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is 6GI0's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6GI0 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	1x
Fair PS Ratio	2.7x

Price-To-Sales vs Fair Ratio: 6GI0 is good value based on its Price-To-Sales Ratio (1x) compared to the estimated Fair Price-To-Sales Ratio (2.7x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.