EN DE
STOCK COMPARISON

Codere Online US vs Flutter Entertainment: Fair Value & Quality

Both stocks run through our valuation models. Here is how Codere Online US (CDRO) and Flutter Entertainment (FLUT) compare, as of Sep 14, 2026.

As of Sep 14, 2026, Fair Value Calculator sees Flutter Entertainment as the more attractively valued of the two: Codere Online US trades at $9.32 versus a fair value of $1.02 (-89%), while Flutter Entertainment trades at $101 versus $106 (+5%).
Codere Online US
CDRO · USD · Consumer Discretionary
-89%
upside to fair value
overvalued
Price$9.32
Fair Value$1.02
Quality64/100
Flutter Entertainment
FLUT · USD · Consumer Discretionary
+5%
upside to fair value
fairly valued
Price$101
Fair Value$106
Quality50/100
Get comparisons like this free by email every month: the most undervalued quality stocks.

Head-to-head numbers

Green value = the better side for that row (for valuation multiples: lower = cheaper).

Codere Online USFlutter Entertainment
Valuation
227.8×P/E (TTM)
2.13×P/S (TTM)1.13×
15.67×P/B2.12×
68.0×EV/EBITDA12.9×
PEG0.19×
−89.1%Fair value upside+5.1%
Dividend yield1.2%
Profitability
3%Operating margin2%
EBIT margin trend (5Y)1.48×
5%Return on equity-5%
5%Return on assets1%
Growth
7%Revenue growth (YoY)17%
22.0%Avg. growth/yr (3Y)20.1%
24.4%Avg. growth/yr (5Y)22.1%
Balance & size
0.5×Interest coverage (EBIT/interest)0.9×
0.03×Debt / equity1.35×
$447MMarket cap$19B
healthyGrowth qualitymixed

Codere Online US leads: 6 to 5 metric wins.

Dash = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

Codere Online USof which business quality 67 · market factors 64 Flutter Entertainmentof which business quality 49 · market factors 22
ProfitabilityMargins and returns on capital today
54
21
Quality GrowthAre margins and returns improving?
31
46
CashflowEarnings quality: real cash, not paper profit
70
56
Fin. StrengthBalance sheet, leverage, solvency risk
82
29
InvestmentDisciplined investing over empire-building
82
90
Low VolatilityCalm price path (market factor)
82
39
MomentumPrice trend over the last 3–12 months (market factor)
50
23
52W MomentumDistance to the 52-week high (market factor)
66
2
Net IssuanceShare count: buybacks or dilution?
81
83

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyCodere Online USPrice $9.32Flutter EntertainmentPrice $101
DCF Models-46%below the price$5.06+33%above the price$133
Earnings-Based-89%below the price$1.01n/a
Dividend Discountn/a-79%below the price$20.77
Multiples-83%below the price$1.63-48%below the price$52.30
Asset-Based-95%below the price$0.42-65%below the price$34.91
Growth DCF-25%below the price$6.96-11%close to the price$89.82
Economic Profit-88%below the price$1.14n/a
Growth Earnings-91%below the price$0.88n/a
Minimum-95%below the price$0.42-79%below the price$20.77
Maximum-25%below the price$6.96+33%above the price$133
Median-88%below the price$1.14-48%below the price$52.30
Geometric mean-83%below the price$1.58-46%below the price$53.87

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

Codere Online US: 24 of 24 models see the stock below the current price.

Flutter Entertainment: 8 of 13 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

Codere Online US
Price $9.32
Fair Value $1.02
Bear $0.71Bull $1.32
Flutter Entertainment
Price $101
Fair Value $106
Bear $51.46Bull $269

Compare two other stocks

Tap a field and type again, ticker or company name.

Free, no sign-up

Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

Codere Online US · Consumer Discretionary

Quality score64 · Top 25%
Fair value upside-89% · bottom 25%

Flutter Entertainment · Consumer Discretionary

Quality score50 · below median
Fair value upside+5% · above median

Bottom line

As of Sep 14, 2026, Fair Value Calculator sees Flutter Entertainment as the more attractively valued of the two: Codere Online US trades at $9.32 versus a fair value of $1.02 (-89%), while Flutter Entertainment trades at $101 versus $106 (+5%).

Codere Online US has the higher quality score (64/100).

See the full analysis →

More comparisons

Popular match-ups from the same sectors, all with fair value and quality score.

Free · Top-25 report

See the undervalued quality stocks every month

Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.

A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.