Flutter Entertainment Stock

Flutter Entertainment P/S 2024

Flutter Entertainment P/S

185.73

Ticker

FLTR.L

ISIN

IE00BWT6H894

WKN

A14RX5

As of Sep 6, 2024, Flutter Entertainment's P/S ratio stood at 185.73, a -21.53% change from the 236.68 P/S ratio recorded in the previous year.

The Flutter Entertainment P/S history

Flutter Entertainment Aktienanalyse

What does Flutter Entertainment do?

Flutter Entertainment PLC is a leading global gaming company that originated from the merger of two companies - Paddy Power and Betfair. The company is headquartered in Dublin, Ireland. It was founded in 1988 as a bookmaker and has become one of the largest players in the iGaming (online gambling) market in recent years. Flutter Entertainment is listed on the London Stock Exchange and is one of the top 30 companies in the FTSE-100 index. The company offers a wide range of products including sports betting, online casinos, poker, and lottery. Its platforms are available in multiple countries including the UK, Ireland, Australia, Canada, and the USA. The company has four main business divisions: sports betting, gaming, finance, and support. Sports betting is the largest business area, accounting for more than half of the revenue. The company focuses on traditional sports betting as well as newer trends such as in-play betting and virtual sports events. The gaming division includes online casino, poker, bingo, and various online slots offerings. These products are operated under different brands such as Paddy Power, Betfair, and Sky Bet. The company also provides its own software platform, which is licensed by other online casinos and bookmakers. In the finance category, Flutter Entertainment PLC offers various payment services including processing payments and transfers, as well as managing player accounts. In the support area, the company offers various services and features to ensure a safe and responsible gaming environment. This includes identity verification to prevent gambling addiction, as well as the option for self-exclusion. The history of Flutter Entertainment is marked by mergers and acquisitions. In 2016, Paddy Power and Betfair merged to form the current company. In 2018, the company acquired FanDuel, a leading fantasy sports company in North America. In 2020, it acquired The Stars Group, another online gaming company. Flutter Entertainment is a company that is constantly seeking new growth opportunities and focuses on expanding into new markets. Despite the challenges in the online gambling industry due to recent developments, the company is confident that it will continue to play a leading role in this market. Overall, Flutter Entertainment PLC is considered one of the leading companies in the online gambling industry, strengthened by its mergers and acquisitions of other companies. Through continued expansion into new markets and the introduction of new products, the company will continue to play an important role in the online gaming market in the future. The answer is: Flutter Entertainment PLC is a leading global gaming company that originated from the merger of two companies - Paddy Power and Betfair. The company is headquartered in Dublin, Ireland and offers a wide range of products including sports betting, online casinos, poker, and lottery. It is listed on the London Stock Exchange and operates in multiple countries. The company has four main business divisions: sports betting, gaming, finance, and support. It has a history of mergers and acquisitions, and is focused on expanding into new markets. Flutter Entertainment is considered one of the top companies in the online gambling industry. Flutter Entertainment ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Flutter Entertainment's P/S Ratio

Flutter Entertainment's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Flutter Entertainment's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Flutter Entertainment's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Flutter Entertainment’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Flutter Entertainment stock

What is the price-to-earnings ratio of Flutter Entertainment?

The price-earnings ratio of Flutter Entertainment is currently 185.73.

How has the price-earnings ratio of Flutter Entertainment changed compared to last year?

The price-to-earnings ratio of Flutter Entertainment has increased by -21.53% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Flutter Entertainment high compared to other companies?

Yes, the price-to-earnings ratio of Flutter Entertainment is high compared to other companies.

How does an increase in the price-earnings ratio of Flutter Entertainment affect the company?

An increase in the price-earnings ratio of Flutter Entertainment would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Flutter Entertainment affect the company?

A decrease in the price-earnings ratio of Flutter Entertainment would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Flutter Entertainment?

Some factors that influence the price-earnings ratio of Flutter Entertainment are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Flutter Entertainment pay?

Over the past 12 months, Flutter Entertainment paid a dividend of 2.26 USD . This corresponds to a dividend yield of about 1.07 %. For the coming 12 months, Flutter Entertainment is expected to pay a dividend of 0 USD.

What is the dividend yield of Flutter Entertainment?

The current dividend yield of Flutter Entertainment is 1.07 %.

When does Flutter Entertainment pay dividends?

Flutter Entertainment pays a quarterly dividend. This is distributed in the months of May, September, May, October.

How secure is the dividend of Flutter Entertainment?

Flutter Entertainment paid dividends every year for the past 0 years.

What is the dividend of Flutter Entertainment?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Flutter Entertainment located?

Flutter Entertainment is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Flutter Entertainment kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Flutter Entertainment from 10/9/2019 amounting to 0.754 USD, you needed to have the stock in your portfolio before the ex-date on 9/5/2019.

When did Flutter Entertainment pay the last dividend?

The last dividend was paid out on 10/9/2019.

What was the dividend of Flutter Entertainment in the year 2023?

In the year 2023, Flutter Entertainment distributed 0 USD as dividends.

In which currency does Flutter Entertainment pay out the dividend?

The dividends of Flutter Entertainment are distributed in USD.

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Andere Kennzahlen von Flutter Entertainment

Our stock analysis for Flutter Entertainment Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Flutter Entertainment Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.