Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Codere Online LuxembourgCDRO -0.22%77 EV-to-EBITDA is 45.34 as of Aug. 07, 2026, which is 4434% above its 10-year median of 1.00. GuruFocus rates CDRO with a GF Score™ of 77/100 and a GF Value™ of $9.27 (Fairly Valued). The stock has 2 warning signs investors should review. Among 697 Travel & Leisure companies, Codere Online Luxembourg ranks worse than 90.24% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Codere Online Luxembourg's enterprise value is $340.0 Mil.
Codere Online Luxembourg's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $7.5 Mil. Therefore, Codere Online Luxembourg's EV-to-EBITDA for today is 45.34.
The historical rank and industry rank for Codere Online Luxembourg's EV-to-EBITDA or its related term are showing as below:
CDRO'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -23.52 Med: 1 Max: 70.88
Current: 45.34
During the past 8 years, the highest EV-to-EBITDA of Codere Online Luxembourg was 70.88. The lowest was -23.52. And the median was 1.00.
CDRO's EV-to-EBITDA is ranked worse than 90.24% of 697
companies
in the Travel & Leisure industry
Industry Median: 9.87
vs CDRO: 45.34
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Codere Online Luxembourg's PE Ratio (TTM) for today is calculated as:
Codere Online Luxembourg's share price for today is $8.89.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $0.036.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Gambling subindustry, Codere Online Luxembourg's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Codere Online Luxembourg EV-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg's EV-to-EBITDA falls into.
Codere Online Luxembourg's current Enterprise Value is $340.0 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's EBITDA for the trailing twelve months (TTM) ended in Dec. 2025 was $7.5 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Codere Online Luxembourg (CDRO) has a EV-to-EBITDA of 45.34 as of Aug. 07, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Codere Online Luxembourg. This is 4434% above median its historical median of 1.00. According to the industry distribution chart, Codere Online Luxembourg ranks #629 out of 697 companies in the Travel & Leisure industry, placing it in the top 90.2%.
Is Codere Online Luxembourg's EV-to-EBITDA too high?
Codere Online Luxembourg's current EV-to-EBITDA of 45.34 is 4434% above median its 10-year median of 1.00. The Travel & Leisure industry median EV-to-EBITDA is 9.87. Codere Online Luxembourg's value of 45.34 is 359.4% above this industry median. Based on the distribution chart, Codere Online Luxembourg ranks #629 out of 697 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Codere Online Luxembourg has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's EV-to-EBITDA compare to INSE and MRDN?
According to the Travel & Leisure industry distribution chart, Codere Online Luxembourg ranks #629 out of 697 companies for EV-to-EBITDA. This places Codere Online Luxembourg in the lower half of its industry. The industry median EV-to-EBITDA is 9.87. Codere Online Luxembourg's value of 45.34 is 359.4% above this benchmark. While the company's 10-year median is 1.00 vs. the industry median of 9.87, Codere Online Luxembourg has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.87, based on 697 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Codere Online Luxembourg's current EV-to-EBITDA of 45.34 is 359.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Codere Online Luxembourg. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Codere Online Luxembourg's current EV-to-EBITDA is 45.34, which is 4434% above median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Codere Online Luxembourg stock overvalued right now?
Based on GuruFocus' analysis, Codere Online Luxembourg (CDRO) is currently considered Fairly Valued. The stock's GF Value™ is $9.27, compared to a current price of $8.89 — trading 4.1% below its estimated fair value. The current EV-to-EBITDA is 45.34, which is 4434% above median its 10-year median of 1.00 and 359.4% above the Travel & Leisure industry median of 9.87. Codere Online Luxembourg's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Codere Online Luxembourg (CDRO), the current EV-to-EBITDA is 45.34 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Codere Online Luxembourg (CDRO) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be undervalued.
The current stock price of $8.89 is trading 4.1% below its estimated GF Value™ of $9.27.
GuruFocus considers Codere Online Luxembourg to be Fairly Valued.
Key valuation signals for CDRO:
EV-to-EBITDA: 45.34 (4434% above median its 10-year median of 1.00)
GF Value™: $9.27 vs. price of $8.89 (4.1% below fair value)
Industry Position: 359.4% above the Travel & Leisure median (#629 of 697)
No single metric tells the full story. See the CDRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Codere Online Luxembourg SA is an international online casino gaming and online sports betting group focused on providing its customers with a safe and enjoyable online gaming experience. It currently operates in Spain, Mexico, Colombia, and Other countries, where it offers its users the ability to play online casino games and bet on sports events. Online casino offerings include the full portfolio of games typically available in land-based casinos, gaming halls, and gambling establishments, such as slot machines, table games, and bingo. Online sports betting involves a user placing a wager on an event at some fixed odds determined by Codere Online. The company derives maximum revenue from Mexico.
77GF Score
Get the complete analysis for CDRO
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CDRO has been successfully added to your 
