Flutter Entertainment plc logo FLUT - Flutter Entertainment plc

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 18
HOLD 5
SELL 1
STRONG
SELL
0
| PRICE TARGET: $190.25 DETAILS
HIGH: $300.00
LOW: $115.00
MEDIAN: $178.50
CONSENSUS: $190.25
UPSIDE: 66.33%
AlphaVal

AlphaVal

Deterministic, archetype-aware fair value

Platform & Compounding FCF 85% confidence

Primary model: Two-stage FCF DCF

Valuation Signal Fair Value Mild
Trading 10.0% below fair value
Current Price $114.38
Bear Case $57.62 49.6% downside ($57.62 - $114.38) / $114.38 = -49.6% 9% stage 1 growth, 11% discount
Fair Value $127.10 11.1% upside ($127.10 - $114.38) / $114.38 = 11.1% 15% stage 1 growth, 11% discount
Bull Case $204.33 78.6% upside ($204.33 - $114.38) / $114.38 = 78.6% 19% stage 1 growth, 11% discount

Adjust Assumptions

14.9%
11.0%
3.0%

Key Value Driver

FCF growth rate (15% base case)

Terminal Value % of EV 43%
Implied Market Multiple 32.8x
Market is pricing in (growth) 15.6% vs our 14.9% base

Plain-Language Summary

Our base-case estimate uses a two-stage discounted cash flow model based on free cash flow. We then blend that result with the average analyst price target of $190.25 from 24 analysts, using a 25% weight on analyst consensus. That produces an estimated intrinsic value of $127.10 per share.

Warnings

Wall Street's average price target is $190.25 (from 24 analysts). Our estimate is 44% below the consensus -- consider that gap carefully.

Key Risks

  • P/E alone misleads — earnings depressed by growth investment
  • Cyclical or commodity businesses may be misclassified as platforms
  • Terminal value dominance suggests sensitivity to long-run assumptions