Flutter Entertainment plc

LSE:FLTR Stock Report

Market Cap: UK£35.7b

Flutter Entertainment Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

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.

Discounted Cash Flow
Simply Wall St
UK£400.19
Fair Value
50.1% undervalued intrinsic discount
25
Number of Analysts

Below Fair Value: FLTR (£199.85) is trading below our estimate of fair value (£400.19)

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


Key Valuation Metric

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

Key metric: As FLTR is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for FLTR. This is calculated by dividing FLTR's market cap by their current earnings.
What is FLTR's PE Ratio?
PE Ratio89.1x
EarningsUS$522.00m
Market CapUS$48.07b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FLTR vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average26.2x
CPG Compass Group
38.8x15.81%UK£42.2b
RNK Rank Group
18.8x15.47%UK£605.2m
IHG InterContinental Hotels Group
26.9x11.60%UK£12.6b
WTB Whitbread
20.4x12.55%UK£5.2b
FLTR Flutter Entertainment
89.1x31.16%UK£48.1b

Price-To-Earnings vs Peers: FLTR is expensive based on its Price-To-Earnings Ratio (89.1x) compared to the peer average (26.2x).


Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
TAST Tasty
0.06xn/aUS$1.26m
No more companies available in this PE range
FLTR 89.1xIndustry Avg. 18.8xNo. of Companies5PE01632486480+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FLTR is expensive based on its Price-To-Earnings Ratio (89.1x) compared to the UK Hospitality industry average (18.5x).


Price to Earnings Ratio vs Fair Ratio

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

FLTR PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio89.1x
Fair PE Ratio43.1x

Price-To-Earnings vs Fair Ratio: FLTR is expensive based on its Price-To-Earnings Ratio (89.1x) compared to the estimated Fair Price-To-Earnings Ratio (43.1x).


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£199.85
UK£226.00
+13.08%
6.71%UK£252.43UK£192.29n/a25
Jun ’26UK£187.45
UK£227.18
+21.19%
6.71%UK£252.35UK£188.52n/a24
May ’26UK£183.35
UK£232.48
+26.80%
8.21%UK£263.58UK£191.28n/a24
Apr ’26UK£170.20
UK£246.47
+44.81%
7.37%UK£284.04UK£196.58n/a24
Mar ’26UK£217.80
UK£248.26
+13.98%
7.83%UK£291.71UK£204.28n/a23
Feb ’26UK£218.10
UK£249.41
+14.35%
8.94%UK£295.03UK£200.97n/a23
Jan ’26UK£207.20
UK£242.23
+16.90%
9.77%UK£292.52UK£196.88n/a22
Dec ’25UK£216.10
UK£231.37
+7.07%
12.47%UK£292.25UK£177.58n/a21
Nov ’25UK£179.70
UK£210.72
+17.26%
10.17%UK£264.50UK£172.97n/a19
Oct ’25UK£178.05
UK£195.95
+10.05%
12.47%UK£265.52UK£156.32n/a18
Sep ’25UK£162.00
UK£188.55
+16.39%
12.88%UK£269.63UK£150.39n/a15
Aug ’25UK£152.55
UK£190.13
+24.63%
14.92%UK£276.19UK£154.04n/a12
Jul ’25UK£146.50
UK£193.18
+31.86%
15.11%UK£281.19UK£156.83n/a12
Jun ’25UK£149.00
UK£192.44
+29.16%
16.40%UK£278.55UK£155.36UK£187.4510
May ’25UK£149.00
UK£196.44
+31.84%
16.19%UK£287.39UK£157.63UK£183.3511
Apr ’25UK£157.90
UK£208.21
+31.86%
13.98%UK£278.95UK£191.28UK£170.207
AnalystConsensusTarget
Consensus Narrative from 25 Analysts
UK£230.65
Fair Value
13.4% undervalued intrinsic discount
25
Number of Analysts

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


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/20 22:02
End of Day Share Price 2025/06/20 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Flutter Entertainment plc is covered by 52 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pierre-Marie D'OrnanoArete Research Services LLP
James Rowland ClarkBarclays
Pravin GondhaleBarclays