Codere Online Luxembourg, S.A.

DB:J9T Stock Report

Market Cap: €290.3m

Codere Online Luxembourg Valuation

Is J9T undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • 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 J9T when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate J9T's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate J9T's fair value for valuation analysis.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for J9T?

Other financial metrics that can be useful for relative valuation.

J9T 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/Revenue1.8x
Enterprise Value/EBITDA-6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does J9T's PS Ratio compare to its peers?

The above table shows the PS ratio for J9T vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3x
TIMA ZEAL Network
6.5x13.4%€762.3m
EMH pferdewetten.de
3.1x25.9%€61.0m
ACX bet-at-home.com
0.4xn/a€16.6m
IFA LS Invest
2xn/a€246.7m
J9T Codere Online Luxembourg
2.1x18.3%€312.6m

Price-To-Sales vs Peers: J9T is good value based on its Price-To-Sales Ratio (2.1x) compared to the peer average (3x).


Price to Earnings Ratio vs Industry

How does J9T's PE Ratio compare vs other companies in the European Hospitality Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a64.5%
n/an/an/a
No. of CompaniesPS048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a64.5%
n/an/an/a
No more companies

Price-To-Sales vs Industry: J9T is expensive based on its Price-To-Sales Ratio (2.1x) compared to the European Hospitality industry average (1.1x).


Price to Sales Ratio vs Fair Ratio

What is J9T'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.

J9T PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.1x
Fair PS Ratio2x

Price-To-Sales vs Fair Ratio: J9T is expensive based on its Price-To-Sales Ratio (2.1x) compared to the estimated Fair Price-To-Sales Ratio (2x).


Analyst Price Targets

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

The above table shows the analyst J9T forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€6.25
€9.21
+47.4%
20.0%€11.05€7.37n/a2
Apr ’25€6.35
€9.21
+45.1%
20.0%€11.05€7.37n/a2
Mar ’25€6.10
€7.84
+28.6%
5.9%€8.31€7.38n/a2
Feb ’25€4.00
€6.91
+72.9%
20.0%€8.30€5.53n/a2
Jan ’25€2.60
€6.91
+165.9%
20.0%€8.30€5.53n/a2
Dec ’24€2.94
€6.91
+135.2%
20.0%€8.30€5.53n/a2
Nov ’24€2.70
€6.91
+156.0%
20.0%€8.30€5.53n/a2
Oct ’24€2.80
€6.91
+146.9%
20.0%€8.30€5.53n/a2
Sep ’24€2.74
€6.91
+152.3%
20.0%€8.30€5.53n/a2
Aug ’24€2.86
€7.03
+146.0%
20.0%€8.44€5.63n/a2
Jul ’24€2.80
€7.03
+151.2%
20.0%€8.44€5.63n/a2
Jun ’24€2.98
€7.03
+136.0%
20.0%€8.44€5.63n/a2
May ’24€2.32
€7.03
+203.2%
20.0%€8.44€5.63€6.402
Apr ’24€2.46
€7.03
+185.9%
20.0%€8.44€5.63€6.352
Mar ’24€2.68
€7.03
+162.5%
20.0%€8.44€5.63€6.102
Feb ’24€2.84
€7.72
+171.7%
17.7%€8.68€5.79€4.003
Jan ’24€2.38
€7.72
+224.3%
17.7%€8.68€5.79€2.603
Dec ’23€2.50
€7.72
+208.7%
17.7%€8.68€5.79€2.943
Nov ’23€2.44
€8.37
+243.2%
11.3%€9.05€7.04€2.703
Oct ’23€2.92
€8.37
+186.8%
11.3%€9.05€7.04€2.803
Sep ’23€2.80
€7.99
+185.3%
11.3%€8.63€6.71€2.743
Aug ’23€2.18
€7.99
+266.4%
11.3%€8.63€6.71€2.863
Jul ’23€2.50
€7.99
+219.5%
11.3%€8.63€6.71€2.803
Jun ’23€2.76
€7.99
+189.4%
11.3%€8.63€6.71€2.983
May ’23€4.26
€7.95
+86.6%
5.4%€8.26€7.34€2.323

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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