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The historical rank and industry rank for Flutter Entertainment's Net Cash per Share or its related term are showing as below:
FLUT's Price-to-Net-Cash is not ranked *
in the Travel & Leisure industry.
Industry Median: 6.275 * Ranked among companies with meaningful Price-to-Net-Cash only.
Flutter Entertainment (NYSE:FLUT) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Flutter Entertainment Net Cash per Share Related Terms
Flutter Entertainment Net Cash per Share Historical Data
* Premium members only.
The historical data trend for Flutter Entertainment's Net Cash per Share 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.
FLUT vs DKNG, SGHC, LNWO: Net Cash per Share Comparison
For the Gambling subindustry, Flutter Entertainment's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Flutter Entertainment's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Flutter Entertainment's Price-to-Net-Cash falls into.
Flutter Entertainment Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
Flutter Entertainment's Net Cash per Share 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.
Flutter Entertainment (FLUT) has a Net Cash per Share of $-91.69 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Flutter Entertainment and its competitors. According to the industry distribution chart, Flutter Entertainment ranks #999999 out of 150 companies in the Travel & Leisure industry.
Is Flutter Entertainment's Net Cash per Share too high?
Flutter Entertainment's current Net Cash per Share is $-91.69. Based on the distribution chart, Flutter Entertainment ranks #999999 out of 150 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Flutter Entertainment has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Flutter Entertainment's Net Cash per Share compare to DKNG and SGHC?
According to the Travel & Leisure industry distribution chart, Flutter Entertainment ranks #999999 out of 150 companies for Net Cash per Share. This places Flutter Entertainment in the lower half of its industry. The industry median Net Cash per Share is 6.28. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for a Travel & Leisure company?
The median Net Cash per Share among Travel & Leisure companies is 6.28, based on 150 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Flutter Entertainment and its competitors. For the Travel & Leisure industry, the median Net Cash per Share is 6.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Flutter Entertainment's current Net Cash per Share is $-91.69. 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 $297.76, compared to a current price of $100.18 — trading 66.4% below its estimated fair value. The current Net Cash per Share is $-91.69. Flutter Entertainment's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Flutter Entertainment (FLUT), the current Net Cash per Share is $-91.69 as of Jun. 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 $100.18 is trading 66.4% below its estimated GF Value™ of $297.76.
GuruFocus considers Flutter Entertainment to be Possible Value Trap.
Key valuation signals for FLUT:
Net Cash per Share: $-91.69
GF Value™: $297.76 vs. price of $100.18 (66.4% below fair value)
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.
73GF Score
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Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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