We do not publish a verdict for Codere Online Luxembourg S.A (CDRO) and Flutter Entertainment Plc (FLUT) is overvalued.
We publish an intrinsic value for FLUT but not for CDRO, so the two cannot be ranked on price.
Values as of the 22 Sept 2026 close.
We do not publish a value for this company: we do not know what margin it earns.
Leak Score 0/100 on 1 of 12 signals
Discounting its cash flows at 8.1% values the shares at $15.06; the price of $88.62 is 488% above that value, and 80% of that value comes from beyond year five.
Leak Score 0/100 on 2 of 12 signals
| Metric | CDRO | FLUT |
|---|---|---|
| Verdict | Not valued | Overvalued |
| Price | $9.00 | $88.62 |
| Intrinsic value | — | $15.06 |
| Margin of safety | — | -488% |
| Leak Score | 0/100 (1/12) | 0/100 (2/12) |
| Market cap | $409M | $15.4B |
| Revenue growth, 5 years | 24.2% | 23.7% |
| Operating margin | — | 2.8% |
| Net margin | -0.8% | -4.4% |
| Return on equity | -6.6% | -8.0% |
| Debt to equity | 0.05 | 1.44 |
| Forward P/E | 14.6x | 12.3x |
| P/B | 9.3x | 1.8x |