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, Codere Online Luxembourg's Enterprise Value is MXN6,539 Mil.
Codere Online Luxembourg's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MXN120 Mil. Therefore, Codere Online Luxembourg's EV-to-EBIT ratio for today is 54.56.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
Codere Online Luxembourg (MEX:CDRON) 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.
Codere Online Luxembourg's EV-to-EBIT for today is
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was MXN120 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Codere Online Luxembourg's EV-to-EBITDA for today is:
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil.
For company reported semi-annually or 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 MXN134 Mil.
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's Revenue for the trailing twelve months (TTM) ended in Dec. 2025 was MXN4,503 Mil.
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's Cash Flow from Operations for the trailing twelve months (TTM) ended in Dec. 2025 was MXN354 Mil.
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. Codere Online Luxembourg's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was MXN352 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 Enterprise Value Related Terms
Codere Online Luxembourg Enterprise Value Historical Data
* 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.
MEX:CDRON vs INSE, GAMB, ROLR: Enterprise Value Comparison
For the Gambling subindustry, Codere Online Luxembourg'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.
Codere Online Luxembourg Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Codere Online Luxembourg's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Codere Online Luxembourg's Enterprise Value falls into.
Codere Online Luxembourg 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.
Codere Online Luxembourg's Enterprise Value for the fiscal year that ended in Dec. 2025 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.
What does a Enterprise Value of MXN6,539 Mil mean?
Codere Online Luxembourg (MEX:CDRON) has a Enterprise Value of MXN6,539 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Codere Online Luxembourg and its competitors.
Is Codere Online Luxembourg's Enterprise Value too high?
Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil. Overall, Codere Online Luxembourg has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Codere Online Luxembourg's Enterprise Value compare to INSE and GAMB?
Codere Online Luxembourg's Enterprise Value of MXN6,539 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Codere Online Luxembourg and its competitors. Codere Online Luxembourg's current Enterprise Value is MXN6,539 Mil. 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?
Codere Online Luxembourg (MEX:CDRON) has a current Enterprise Value of MXN6,539 Mil. The stock's GF Value™ is MXN144.85, compared to a current price of MXN155.00 — trading 7% above its estimated fair value. The current Enterprise Value is MXN6,539 Mil. Codere Online Luxembourg's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Codere Online Luxembourg (MEX:CDRON), the current Enterprise Value is MXN6,539 Mil as of Jun. 25, 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 (MEX:CDRON) Overvalued in 2026?
Based on GuruFocus' analysis, Codere Online Luxembourg stock appears to be overvalued.
The current stock price of MXN155.00 is trading 7% above its estimated GF Value™ of MXN144.85.
Key valuation signals for MEX:CDRON:
Enterprise Value: MXN6,539 Mil
GF Value™: MXN144.85 vs. price of MXN155.00 (7% above fair value)
No single metric tells the full story. See the MEX:CDRON 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.
74GF Score
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