We’ve recently updated our valuation analysis.

Flutter Entertainment Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

FLTR 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/Revenue3.9x
Enterprise Value/EBITDA30.3x
PEG Ration/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for FLTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.1x
ENT Entain
2.1x5.7%UK£8.8b
PTEC Playtech
1.2x4.5%UK£1.7b
888 888 Holdings
0.4x5.9%UK£312.1m
RNK Rank Group
0.6x8.1%UK£418.3m
FLTR Flutter Entertainment
3.5x13.0%UK£22.3b

Price-To-Sales vs Peers: FLTR is expensive based on its Price-To-Sales Ratio (3.5x) compared to the peer average (1.1x).


Price to Earnings Ratio vs Industry

How does FLTR's PE Ratio compare vs other companies in the GB Hospitality Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a28.0%
n/an/an/a

Price-To-Sales vs Industry: FLTR is expensive based on its Price-To-Sales Ratio (3.5x) compared to the UK Hospitality industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is FLTR'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.

FLTR PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.5x
Fair PS Ratio4.9x

Price-To-Sales vs Fair Ratio: FLTR is good value based on its Price-To-Sales Ratio (3.5x) compared to the estimated Fair Price-To-Sales Ratio (4.9x).


Share Price vs Fair Value

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

Below Fair Value: FLTR (£126.7) is trading above our estimate of fair value (£123.33)

Significantly Below Fair Value: FLTR is trading above our estimate of fair value.


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 FLTR forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£126.70
UK£140.10
+10.6%
18.8%UK£172.10UK£50.13n/a24
Jan ’24UK£112.90
UK£136.58
+21.0%
18.8%UK£168.00UK£50.13n/a23
Dec ’23UK£120.40
UK£136.54
+13.4%
18.7%UK£167.00UK£50.13n/a23
Nov ’23UK£116.15
UK£130.71
+12.5%
18.2%UK£161.00UK£50.13n/a23
Oct ’23UK£99.38
UK£131.54
+32.4%
18.6%UK£161.00UK£50.13n/a21
Sep ’23UK£102.80
UK£138.14
+34.4%
11.4%UK£161.00UK£90.50n/a20
Aug ’23UK£82.78
UK£130.50
+57.6%
20.0%UK£160.00UK£50.13n/a20
Jul ’23UK£82.82
UK£133.20
+60.8%
20.2%UK£161.00UK£50.13n/a20
Jun ’23UK£92.82
UK£134.61
+45.0%
20.8%UK£163.00UK£50.13n/a19
May ’23UK£81.30
UK£138.90
+70.8%
18.2%UK£171.40UK£50.13n/a20
Apr ’23UK£87.46
UK£138.90
+58.8%
18.2%UK£171.40UK£50.13n/a20
Mar ’23UK£94.56
UK£160.04
+69.2%
14.9%UK£230.00UK£123.00n/a19
Feb ’23UK£113.15
UK£166.48
+47.1%
12.2%UK£230.00UK£129.00UK£126.7022
Jan ’23UK£117.60
UK£167.65
+42.6%
14.3%UK£230.00UK£114.00UK£112.9021
Dec ’22UK£104.40
UK£171.66
+64.4%
13.9%UK£230.00UK£114.00UK£120.4021
Nov ’22UK£140.35
UK£176.74
+25.9%
12.3%UK£230.00UK£117.00UK£116.1522
Oct ’22UK£148.20
UK£176.77
+19.3%
12.6%UK£230.00UK£117.00UK£99.3821
Sep ’22UK£142.60
UK£171.47
+20.2%
13.8%UK£230.00UK£117.00UK£102.8019
Aug ’22UK£123.00
UK£166.08
+35.0%
15.7%UK£230.00UK£117.00UK£82.7817
Jul ’22UK£135.30
UK£164.67
+21.7%
17.5%UK£230.00UK£96.00UK£82.8217
Jun ’22UK£131.35
UK£164.23
+25.0%
17.4%UK£230.00UK£96.00UK£92.8217
May ’22UK£148.40
UK£165.11
+11.3%
17.1%UK£230.00UK£96.00UK£81.3018
Apr ’22UK£154.80
UK£162.98
+5.3%
18.2%UK£230.00UK£96.00UK£87.4617
Mar ’22UK£143.55
UK£146.46
+2.0%
16.5%UK£182.00UK£91.00UK£94.5615
Feb ’22UK£139.30
UK£138.27
-0.7%
19.5%UK£182.00UK£77.00UK£113.1515

Analyst Forecast: Target price is less than 20% higher than the current share price.


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