Flutter Entertainment PLC PPB

Morningstar Rating
€221.00 +2.80 (1.28%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

PPB is trading at a 758% premium.
Price
€217.83
Fair Value
€865.88
Uncertainty
Medium
1-Star Price
€479.28
5-Star Price
€164.23
Economic Moat
Xssjxn
Capital Allocation

News

Trading Information

Previous Close Price
€218.20
Day Range
€213.00221.00
52-Week Range
€186.45221.00
Bid/Ask
€0.00 / €0.00
Market Cap
€39.28 Bil
Volume/Avg
0 / 37

Key Statistics

Price/Earnings (Normalized)
160.62
Price/Sales
3.29
Dividend Yield (Trailing)
0.00%
Dividend Yield (Forward)
0.00%
Total Yield
0.09%

Company Profile

In 2016, Irish company Paddy Power merged with UK firm Betfair to form online gaming operator Flutter Entertainment. Today, Flutter has the top digital revenue share in the us, UK and Ireland, Australia, and many other countries. Some of its main brands are FanDuel in the us, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2023, the company offered products in over 100 countries and had 12.3 million average monthly users. In 2023, sports betting was 56% of revenue, online gaming 39%, and fantasy sports, horse racing, and other 5%.
Sector
Consumer Cyclical
Industry
Gambling
Stock Style Box
Large Growth
Total Number of Employees
23,053

Competitors

Valuation

Metric
PPB
DKNG
PENN
Price/Earnings (Normalized)
160.62195.0016.61
Price/Book Value
4.2615.310.95
Price/Sales
3.294.490.46
Price/Cash Flow
45.25130.854.81
Price/Earnings
PPB
DKNG
PENN

Financial Strength

Metric
PPB
DKNG
PENN
Quick Ratio
0.790.810.87
Current Ratio
0.901.111.03
Interest Coverage
−1.16−198.09−2.13
Quick Ratio
PPB
DKNG
PENN

Profitability

Metric
PPB
DKNG
PENN
Return on Assets (Normalized)
−1.47%−1.50%−1.54%
Return on Equity (Normalized)
−3.40%−6.10%−7.28%
Return on Invested Capital (Normalized)
0.15%−4.78%0.84%
Return on Assets
PPB
DKNG
PENN

Gambling Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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