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FLTR

Flutter EntertainmentISE:FLTR Stock Report

Market Cap

€29.8b

7D

-0.5%

1Y

22.8%

Updated

20 Oct, 2021

Data

Company Financials +
FLTR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health2/6
Dividends0/6

FLTR Overview

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally.

Flutter Entertainment Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Flutter Entertainment
Historical stock prices
Current Share Price€169.95
52 Week High€134.10
52 Week Low€198.60
Beta0.72
1 Month Change-0.85%
3 Month Change12.36%
1 Year Change22.80%
3 Year Change143.38%
5 Year Change82.85%
Change since IPO6,299.91%

Recent News & Updates

Oct 11
Flutter Entertainment plc (ISE:FLTR) Shares Could Be 21% Below Their Intrinsic Value Estimate

Flutter Entertainment plc (ISE:FLTR) Shares Could Be 21% Below Their Intrinsic Value Estimate

Does the October share price for Flutter Entertainment plc ( ISE:FLTR ) reflect what it's really worth? Today, we will...

Jun 28
Should You Think About Buying Flutter Entertainment plc (ISE:FLTR) Now?

Should You Think About Buying Flutter Entertainment plc (ISE:FLTR) Now?

Let's talk about the popular Flutter Entertainment plc ( ISE:FLTR ). The company's shares saw a decent share price...

Shareholder Returns

FLTRIE HospitalityIE Market
7D-0.5%1.5%1.0%
1Y22.8%48.2%31.0%

Return vs Industry: FLTR underperformed the Irish Hospitality industry which returned 44.7% over the past year.

Return vs Market: FLTR underperformed the Irish Market which returned 27.9% over the past year.

Price Volatility

Is FLTR's price volatile compared to industry and market?
FLTR volatility
FLTR Beta0.72
Industry Beta1.15
Market Beta1

Stable Share Price: FLTR is not significantly more volatile than the rest of Irish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: FLTR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
195814,802Jeremy Jacksonhttps://www.flutter.com

Flutter Entertainment plc operates as a sports betting and gaming company in the United Kingdom, Ireland, Australia, the United States, and internationally. The company operates through PPB, PokerStars, Sky Betting & Gaming, Australia, and US segments. It offers sportsbooks and exchange sports betting products, daily fantasy sports products, and pari-mutuel betting products; fixed odds games betting products; online games and casinos; peer-to-peer games, including online bingo and poker; and business-to-business services.

Flutter Entertainment Fundamentals Summary

How do Flutter Entertainment's earnings and revenue compare to its market cap?
FLTR fundamental statistics
Market CapUK£25.14b
Earnings (TTM)-UK£69.20m
Revenue (TTM)UK£5.93b

4.2x

P/S Ratio

-362.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
FLTR income statement (TTM)
RevenueUK£5.93b
Cost of RevenueUK£2.15b
Gross ProfitUK£3.78b
ExpensesUK£3.85b
Earnings-UK£69.20m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin63.71%
Net Profit Margin-1.17%
Debt/Equity Ratio30.5%

How did FLTR perform over the long term?

See historical performance and comparison

Valuation

Is Flutter Entertainment undervalued compared to its fair value and its price relative to the market?

20.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FLTR (€169.95) is trading below our estimate of fair value (€214.24)

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


Price To Earnings Ratio

PE vs Industry: FLTR is unprofitable, so we can't compare its PE Ratio to the European Hospitality industry average.

PE vs Market: FLTR is unprofitable, so we can't compare its PE Ratio to the Irish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FLTR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FLTR is overvalued based on its PB Ratio (2.3x) compared to the XE Hospitality industry average (1.8x).


Future Growth

How is Flutter Entertainment forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

57.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FLTR is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.5%).

Earnings vs Market: FLTR is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FLTR's is expected to become profitable in the next 3 years.

Revenue vs Market: FLTR's revenue (10.3% per year) is forecast to grow faster than the Irish market (8.8% per year).

High Growth Revenue: FLTR's revenue (10.3% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FLTR's Return on Equity is forecast to be low in 3 years time (7.7%).


Past Performance

How has Flutter Entertainment performed over the past 5 years?

-7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FLTR is currently unprofitable.

Growing Profit Margin: FLTR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FLTR is unprofitable, and losses have increased over the past 5 years at a rate of 7.1% per year.

Accelerating Growth: Unable to compare FLTR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FLTR is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (11.2%).


Return on Equity

High ROE: FLTR has a negative Return on Equity (-1.21%), as it is currently unprofitable.


Financial Health

How is Flutter Entertainment's financial position?


Financial Position Analysis

Short Term Liabilities: FLTR's short term assets (£1.6B) do not cover its short term liabilities (£2.0B).

Long Term Liabilities: FLTR's short term assets (£1.6B) do not cover its long term liabilities (£3.9B).


Debt to Equity History and Analysis

Debt Level: FLTR's debt to equity ratio (30.5%) is considered satisfactory.

Reducing Debt: FLTR's debt to equity ratio has increased from 4.9% to 30.5% over the past 5 years.

Debt Coverage: FLTR's debt is well covered by operating cash flow (34%).

Interest Coverage: FLTR's interest payments on its debt are not well covered by EBIT (2.2x coverage).


Balance Sheet


Dividend

What is Flutter Entertainment current dividend yield, its reliability and sustainability?

1.11%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate FLTR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate FLTR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FLTR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FLTR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: FLTR is not paying a notable dividend for the Irish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FLTR's dividend in 3 years as they are not forecast to pay a notable one for the Irish market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average management tenure


CEO

Jeremy Jackson (46 yo)

3.75yrs

Tenure

UK£7,522,000

Compensation

Mr. Jeremy Peter Jackson has been the Chief Executive Officer and a Director at Flutter Entertainment plc (formerly known as Paddy Power Betfair plc) since January 8, 2018. Mr. Jackson was an Independent N...


CEO Compensation Analysis

Compensation vs Market: Jeremy's total compensation ($USD10.40M) is above average for companies of similar size in the Irish market ($USD4.92M).

Compensation vs Earnings: Jeremy's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: FLTR's management team is seasoned and experienced (5.6 years average tenure).


Board Members

Experienced Board: FLTR's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13%.


Top Shareholders

Company Information

Flutter Entertainment plc's employee growth, exchange listings and data sources


Key Information

  • Name: Flutter Entertainment plc
  • Ticker: FLTR
  • Exchange: ISE
  • Founded: 1958
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: €29.849b
  • Shares outstanding: 175.12m
  • Website: https://www.flutter.com

Number of Employees


Location

  • Flutter Entertainment plc
  • Belfield Office Park
  • Beech Hill Road
  • Dublin
  • Co. Dublin
  • 4
  • Ireland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 22:01
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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 here.