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Flutter EntertainmentFLUT +2.29%69 EV-to-OCF is 21.02 as of Aug. 02, 2026, which is 36% below its 10-year median of 32.73. GuruFocus rates FLUT with a GF Score™ of 69/100 and a GF Value™ of $314.13 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 856 Travel & Leisure companies, Flutter Entertainment ranks worse than 80.26% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Flutter Entertainment's Enterprise Value is $27,874 Mil.
Flutter Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,326 Mil. Therefore, Flutter Entertainment's EV-to-OCF for today is 21.02.
The historical rank and industry rank for Flutter Entertainment's EV-to-OCF or its related term are showing as below:
FLUT'
s EV-to-OCF Range Over the Past 10 Years
Min: -5249.27 Med: 32.73 Max: 58.36
Current: 21.02
During the past 13 years, the highest EV-to-OCF of Flutter Entertainment was 58.36. The lowest was -5249.27. And the median was 32.73.
FLUT's EV-to-OCF is ranked worse than 80.26% of 856
companies
in the Travel & Leisure industry
Industry Median: 9.16
vs FLUT: 21.02
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Flutter Entertainment (NYSE:FLUT) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Flutter Entertainment's PE Ratio (TTM) for today is calculated as:
Flutter Entertainment's share price for today is $104.47.
Flutter Entertainment's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.140.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
* 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, Flutter Entertainment's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Flutter Entertainment EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Flutter Entertainment's EV-to-OCF falls into.
Flutter Entertainment's current Enterprise Value is $27,874 Mil.
Flutter Entertainment's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,326 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.
Flutter Entertainment (FLUT) has a EV-to-OCF of 21.02 as of Aug. 02, 2026. This is 36% below median its historical median of 32.73. According to the industry distribution chart, Flutter Entertainment ranks #687 out of 856 companies in the Travel & Leisure industry, placing it in the top 80.3%.
Is Flutter Entertainment's EV-to-OCF too high?
Flutter Entertainment's current EV-to-OCF of 21.02 is 36% below median its 10-year median of 32.73. The Travel & Leisure industry median EV-to-OCF is 9.16. Flutter Entertainment's value of 21.02 is 129.5% above this industry median. Based on the distribution chart, Flutter Entertainment ranks #687 out of 856 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Flutter Entertainment has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flutter Entertainment's EV-to-OCF compare to DKNG and SGHC?
According to the Travel & Leisure industry distribution chart, Flutter Entertainment ranks #687 out of 856 companies for EV-to-OCF. This places Flutter Entertainment in the lower half of its industry. The industry median EV-to-OCF is 9.16. Flutter Entertainment's value of 21.02 is 129.5% above this benchmark. While the company's 10-year median is 32.73 vs. the industry median of 9.16, Flutter Entertainment 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-OCF for a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.16, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Flutter Entertainment's current EV-to-OCF of 21.02 is 129.5% 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median EV-to-OCF is 9.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flutter Entertainment's current EV-to-OCF is 21.02, which is 36% below median its own 10-year median of 32.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flutter Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Flutter Entertainment (FLUT) is currently considered Possible Value Trap. The stock's GF Value™ is $314.13, compared to a current price of $104.47 — trading 66.7% below its estimated fair value. The current EV-to-OCF is 21.02, which is 36% below median its 10-year median of 32.73 and 129.5% above the Travel & Leisure industry median of 9.16. Flutter Entertainment's overall GF Score™ is 69/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Flutter Entertainment (FLUT), the current EV-to-OCF is 21.02 as of Aug. 02, 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 Flutter Entertainment (FLUT) Overvalued in 2026?
Based on GuruFocus' analysis, Flutter Entertainment stock appears to be undervalued.
The current stock price of $104.47 is trading 66.7% below its estimated GF Value™ of $314.13.
GuruFocus considers Flutter Entertainment to be Possible Value Trap.
Key valuation signals for FLUT:
EV-to-OCF: 21.02 (36% below median its 10-year median of 32.73)
GF Value™: $314.13 vs. price of $104.47 (66.7% below fair value)
Industry Position: 129.5% above the Travel & Leisure median (#687 of 856)
No single metric tells the full story. See the FLUT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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, Ireland, Australia, Italy, and many other countries. Some of its leading brands are FanDuel in the US, Sky Betting & Gaming and Paddy Power in the UK and Ireland, Sportsbet (acquired by Paddy Power beginning in 2009) in Australia, and Sisal in Italy. As of Dec. 31, 2025, the company offered products in over 100 countries and had an average of 15.9 million monthly users. In 2025, sports betting was 53% of revenue, online gaming 44%, and fantasy sports, horse racing, and other 3%. The company launched a predictive sports betting platform in late 2025.
69GF Score
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