Flutter Entertainment (DI) (FLTR)

Sector:

Tourism and Leisure Services

Index:

FTSE 100

16,045.00p
   
  • Change Today:
    -15.00p
  • 52 Week High: 17,475.00p
  • 52 Week Low: 12,155.00p
  • Currency: UK Pounds
  • Shares Issued: 177.55m
  • Volume: 1,374,892
  • Market Cap: £28,487m
  • RiskGrade: 135

Key Financials

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Growth Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Annualisation Factor 1.0 n/a 1.0 1.0 1.0
Dividend Yield 0.0% 0.0% 0.0% 0.7% 3.1%
           
Continuing Operations          
PE Ratio - Adjusted 50.6 46.5 515.7 30.9 16.9
PE Ratio - Diluted n/a
92.9		 n/a
46.5		 530.2
138.4		 51.4
30.9		 26.6
24.9
PEG - Adjusted n/a 0.1 n/a n/a n/a
PEG - Diluted n/a
n/a		 n/a
0.4		 n/a
n/a		 n/a
1.9		 n/a
n/a
Return on Capital Employed 8.96%
n/a		 n/a
1.80%		 n/a
n/a		 126.93%
206.86%		 n/a
n/a
Operating Margin (0.63%)
6.09%		 (1.04%)
13.21%		 2.34%
5.52%		 7.00%
11.42%		 10.92%
12.92%
           
Continuing & Discontinued Operations          
PE Ratio - Adjusted 50.6 4,610.4 515.7 30.9 16.9
PE Ratio - Diluted n/a
74.8		 n/a
4,610.3		 530.2
138.4		 51.4
30.9		 26.6
24.9
PEG - Adjusted 0.0 n/a n/a n/a n/a
PEG - Diluted n/a
0.0		 n/a
n/a		 n/a
n/a		 n/a
1.9		 n/a
n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Net Gearing 56.89% 21.53% 24.89% 10.87% 3.99%

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Value Metrics 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Price/Book Value n/a (5.3) (4.8) (15.1) (12.1)
Price/Tangible Book Value n/a (5.2) (4.8) (10.6) (8.1)
Price/ Cash Flow n/a 26.7 19.6 17.6 16.1
Price/Revenue n/a 339.27 4.44 3.44 2.85
Price/R&D n/a n/a n/a n/a n/a
Net Asset Value per Share (exc. Intangibles) (5,139.88¢) (2,238.03¢) (3,124.93¢) (612.26¢) (530.48¢)
Net Cash per Share n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Annualised Fundamentals 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Continuing Operations          
Revenue 9,463.00 60.93 4,413.90 2,140.00 1,873.40
EBITDA 916.60
1,552.80		 7.42
16.10		 121.40
261.60		 149.90
244.30		 395.80
433.30
Depreciation (976.40)
(976.40)		 (8.05)
(8.05)		 (17.90)
(17.90)		 n/a
n/a		 (191.20)
(191.20)
Net Interest (215.00)
(215.00)		 (2.28)
(2.28)		 (102.40)
(102.40)		 (14.20)
(14.20)		 14.10
14.10
Profit Before Tax (295.00)
341.20		 (2.91)
5.77		 1.10
141.30		 135.70
230.10		 218.70
256.20
           
Revenue per Share 5,351.38¢ 34.66¢ 3,406.89¢ 2,678.31¢ 2,247.90¢
Pre-Tax Profit per Share (166.82¢)
192.95¢		 (1.66¢)
3.28¢		 0.85¢
109.06¢		 169.84¢
287.98¢		 262.42¢
307.42¢
Market Capitalisation   (Millions) 33,870.00 35,048.84 26,537.44 13,836.00 5,209.60
Enterprise Value (EV)   (Millions) 37,662.70 38,885.04 29,234.94 14,188.10 5,325.80
EBITDA/EV 2.43%
4.12%		 0.02%
0.04%		 0.42%
0.89%		 1.06%
1.72%		 7.43%
8.14%
Operating Margin (0.63%)
6.09%		 (1.04%)
13.21%		 2.34%
5.52%		 7.00%
11.42%		 10.92%
12.92%
Capital Employed   (Millions) (926.00) 448.00 (69.80) 118.10 (80.00)
Return on Capital Employed 8.96%
n/a		 n/a
1.80%		 n/a
n/a		 126.93%
206.86%		 n/a
n/a
Invested Equity Capital   (Millions) 11,862.60 10,796.70 11,611.00 4,050.80 4,076.70
           
Earnings per Share - Basic (244.00¢)
152.18¢		 (236.50p)
252.70p		 29.30p
109.20p		 180.20p
298.37p		 241.70p
258.46p
Earnings per Share - Diluted (244.00¢)
152.18¢		 (236.50p)
252.70p		 28.50p
109.20p		 179.30p
298.37p		 240.40p
257.05p
Earnings per Share - Adjusted 279.00¢ 252.70p 29.30p 298.40p 379.30p
Earnings per Share Growth - Basic n/a
-40%		 n/a
131%		 -84%
-63%		 -25%
15%		 n/a
n/a
Earnings per Share Growth - Diluted n/a
-40%		 n/a
131%		 -84%
-63%		 -25%
16%		 n/a
n/a
Earnings per Share Growth - Adjusted -12% 762% -90% -21% n/a
PE Ratio - Diluted n/a
92.9		 n/a
46.5		 530.2
138.4		 51.4
30.9		 26.6
24.9
PEG - Diluted n/a
n/a		 n/a
0.4		 n/a
n/a		 n/a
1.9		 n/a
n/a
Tax Rate (10.20%) (42.82%) 3,254.55% 17.54% 17.38%
Dividend Cover n/a
n/a		 n/a
n/a		 n/a
n/a		 4.45
4.45		 1.90
1.29
Interest Cover (0.24)
2.44		 (0.26)
3.49		 1.01
1.78		 9.93
16.14		 30.16
35.16
           
Continuing & Discontinued Operations          
Earnings per Share - Basic (244.00¢)
188.99¢		 (2.39p)
2.55p		 29.30p
109.20p		 180.20p
298.37p		 241.70p
258.46p
Earnings per Share - Diluted (244.00¢)
188.99¢		 (2.39p)
2.55p		 28.50p
109.20p		 179.30p
298.37p		 240.40p
257.05p
Earnings per Share - Adjusted 279.00¢ 2.55p 29.30p 298.40p 379.30p
Earnings per Share Growth - Basic n/a
7,309%		 n/a
-98%		 -84%
-63%		 -25%
15%		 n/a
n/a
Earnings per Share Growth - Diluted n/a
7,309%		 n/a
-98%		 -84%
-63%		 -25%
16%		 n/a
n/a
Earnings per Share Growth - Adjusted 8,639% -91% -90% -21% n/a
PE Ratio - Diluted n/a
74.8		 n/a
4,610.3		 530.2
138.4		 51.4
30.9		 26.6
24.9
PEG - Diluted n/a
0.0		 n/a
n/a		 n/a
n/a		 n/a
1.9		 n/a
n/a
Dividend Cover n/a
n/a		 n/a
n/a		 n/a
n/a		 4.45
4.45		 1.90
1.29
Return on Equity (ROE) (2.55%)
2.82%		 (0.04%)
0.04%		 0.33%
1.22%		 3.55%
5.89%		 4.94%
5.28%
Operating Cash Flow per Share 657.68¢ 440.78¢ 770.62¢ 524.90¢ 396.45¢
Gross Cash Flow per Share cn/a cn/a cn/a cn/a cn/a
Cash Incr/Decr per Share 242.60¢ 2.60¢ 369.33¢ (25.91¢) (216.46¢)
Capital Expenditure per Share n/a n/a n/a n/a n/a
Dividend per Share n/a n/a n/a 67.00p 200.00p
Dividend per Share Growth n/a n/a n/a (66.50%) n/a
Dividend Yield 0.0% 0.0% 0.0% 0.7% 3.1%
Shareholders Funds 11,035.00 10,250.90 10,965.10 3,984.70 3,998.00
Net Borrowings   (Millions) 5,017.70 2,206.90 2,729.50 433.10 159.70
Net Asset Value per Share (inc. Intangibles) (5,228.10¢) (2,259.36¢) (3,148.71¢) (868.70¢) (786.42¢)

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - inc Intangibles 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Shareholders' Funds inc Intangibles 11,035.00 10,250.90 10,965.10 3,984.70 3,998.00
Net Borrowings   (Millions) 5,017.70 2,206.90 2,729.50 433.10 159.70
Net Gearing 56.89% 21.53% 24.89% 10.87% 3.99%
Cash & Near Cash 966.00 1,629.30 603.40 108.10 123.70
Cash 8.75% 15.89% 5.50% 2.71% 3.09%
Gross Borrowings 5,983.70 3,836.20 3,332.90 541.20 283.40
Gross Gearing 65.65% 37.42% 30.40% 13.58% 7.09%
Borrowings Under 5 years 5,983.70 3,836.20 3,332.90 541.20 283.40
Under 5 years 54.22% 37.42% 30.40% 13.58% 7.09%
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Gearing - exc Intangibles 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Shareholders' Funds exc Intangibles (9,245.00) (3,971.50) (4,079.40) (694.10) (655.40)
Net Borrowings   (Millions) 5,017.70 2,206.90 2,729.50 433.10 159.70
Net Gearing (67.91%) (55.57%) (66.91%) (62.40%) (24.37%)
Cash & Near Cash 966.00 1,629.30 603.40 108.10 123.70
Cash (10.45%) (41.02%) (14.79%) (15.57%) (18.87%)
Gross Borrowings 5,983.70 3,836.20 3,332.90 541.20 283.40
Gross Gearing 78.36% 96.59% 81.70% 77.97% 43.24%
Borrowings Under 5 years 5,983.70 3,836.20 3,332.90 541.20 283.40
Under 5 years (64.72%) (96.59%) (81.70%) (77.97%) (43.24%)
Borrowings Under 1 year n/a n/a n/a n/a n/a
Under 1 year n/a n/a n/a n/a n/a

    (Millions)   (Millions)   (Millions)   (Millions)   (Millions)
Cover 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19 31-Dec-18
Quick Ratio n/a n/a n/a n/a n/a
Current Ratio 1.24 0.95 0.74 0.41 0.64

Key

* GAAP

a. Includes discontinued activities

b. Based on operating cash flow before tax

c. Not disclosed under IFRS

d. Includes non-current assets

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Normalised ratios are shown in blue text

Note 6: Forecast figures based on normalised accounts.

 

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