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Flutter Entertainment (Flutter Entertainment) Enterprise Value : $37,138 Mil (As of May. 03, 2024)


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What is Flutter Entertainment Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Flutter Entertainment's Enterprise Value is $37,138 Mil. Flutter Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-661 Mil. Therefore, Flutter Entertainment's EV-to-EBIT ratio for today is -56.18.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Flutter Entertainment's Enterprise Value is $37,138 Mil. Flutter Entertainment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $624 Mil. Therefore, Flutter Entertainment's EV-to-EBITDA ratio for today is 59.52.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Flutter Entertainment's Enterprise Value is $37,138 Mil. Flutter Entertainment's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $11,790 Mil. Therefore, Flutter Entertainment's EV-to-Revenue ratio for today is 3.15.


Flutter Entertainment Enterprise Value Historical Data

The historical data trend for Flutter Entertainment's Enterprise Value can be seen below:

* 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.

* Premium members only.

Flutter Entertainment Enterprise Value Chart

Flutter Entertainment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,844.59 39,695.47 31,493.03 28,916.40 37,120.61

Flutter Entertainment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31,493.03 22,119.50 28,916.40 39,402.75 37,120.61

Competitive Comparison of Flutter Entertainment's Enterprise Value

For the Gambling subindustry, Flutter Entertainment's Enterprise Value, along with its competitors' market caps and Enterprise Value 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's Enterprise Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Flutter Entertainment's Enterprise Value falls into.



Flutter Entertainment Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Flutter Entertainment's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Flutter Entertainment's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* 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  (NYSE:FLUT) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Flutter Entertainment's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=37138.018/-661
=-56.18

Flutter Entertainment's current Enterprise Value is $37,138 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Flutter Entertainment's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $-661 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Flutter Entertainment's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=37138.018/624
=59.52

Flutter Entertainment's current Enterprise Value is $37,138 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Flutter Entertainment's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $624 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Flutter Entertainment's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=37138.018/11790
=3.15

Flutter Entertainment's current Enterprise Value is $37,138 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Flutter Entertainment's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $11,790 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 Enterprise Value Related Terms

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Flutter Entertainment (Flutter Entertainment) Business Description

Traded in Other Exchanges
Address
Beech Hill Road, Belfield Office Park, Clonskeagh, Dublin, IRL, 4
Flutter Entertainment PLC is a global sports betting, gaming, and entertainment provider. The company's segments include PBB Online, which provides betting apps in over 100 countries as well as business-to-business risk and trading services; Australia, which consists of the Sportsbet Australian brand for betting on national sporting events; U.S., which includes betting apps, retail-only betting, and daily fantasy sports; and PBB Retail, which includes betting shops in the U.K. and Ireland and an accompanying app. PBB Online makes up the largest revenue segment.