Codere Online Luxembourg, S.A. (NASDAQ: CDRO)

Sector: Consumer Cyclical Industry: Gambling CIK: 0001866782
Market Cap 299.77 Mn
P/B 12.49
P/E 251.54
P/S 1.25
Div Yield % 0.00
Add ratio to table...

About

Codere Online Luxembourg, S.A., known by its ticker symbol CDRO, is a company that operates in the online casino gaming and online sports betting industry. With a focus on providing a safe and enjoyable online gaming experience, the company primarily operates in Spain, Mexico, Colombia, Panama, and Argentina. Codere Online's main business activities involve the provision of online casino games and sports betting. These games include slots, video bingo, table games, and live dealer games, while the sports betting product offers pre-match and live...

Read more

Investment thesis

Bull case

No data available.

Bear case

No data available.

Segments [axis] Breakdown of Revenue (2024)

Peer comparison

Companies in the Gambling
S.No. Ticker Company Market Cap P/E P/S Total Debt (Qtr)
1 FLUT Flutter Entertainment plc 29.14 Bn -96.80 1.89 12.68 Bn
2 DKNG DraftKings Inc. 8.38 Bn 2,259.00 1.38 1.89 Bn
3 CHDN Churchill Downs Inc 6.54 Bn 15.85 2.45 5.11 Bn
4 SGHC Super Group (SGHC) Ltd 4.77 Bn 18.81 1.88 0.08 Bn
5 BRSL Brightstar Lottery PLC 2.79 Bn -19.68 0.50 5.13 Bn
6 RSI Rush Street Interactive, Inc. 1.54 Bn 51.33 1.45 0.00 Bn
7 ACEL Accel Entertainment, Inc. 0.92 Bn 21.02 0.70 0.60 Bn
8 CDRO Codere Online Luxembourg, S.A. 0.30 Bn 251.54 1.25 -

Industry comparisons

Current Valuation Value Ind Avg Percentile
EV to Assets EV to Assets 3.96 1.38
EV to Cash from Ops. EV/CFO 19.91 9.12
EV to Debt EV to Debt 37.25 10.53
EV to EBIT EV/EBIT 48.33 41.15
EV to EBITDA EV/EBITDA 45.43 12.35
EV to Free Cash Flow [EV/FCF] EV/FCF 20.03 20.81
EV to Market Cap EV to Market Cap 1.08 -0.89
EV to Revenue EV/Rev 1.35 1.79
Price to Book Value [P/B] P/B 12.49 2.35
Price to Earnings [P/E] P/E 251.54 170.35
Dividend Metrics Value Ind Avg Percentile
Dividend Coverage Ratio Dividend Coverage Ratio 0.00 0.72
Dividend Payout Ratio % Div Payout % (Qtr) 0.00 20.21
Dividend per Basic Share Div per Share (Qtr) 0.00 0.30
FCF Dividend Payout Ratio % FCF Div Payout % (Qtr) 0.00 45.34
Interest Coverage Int. cover (Qtr) 1.98 -4.66
Growth Metrics Value Ind Avg Percentile
Capex Growth (1y) % Capex Growth (1y) % 76.93 -6.60
Cash and Equivalents Growth (1y) % Cash & Equiv 1y % (Qtr) 22.11 43.20
Dividend Growth (1y) % Dividend Growth (1y) % 0.00 34.14
EBIAT Growth (1y) % EBIAT Growth (1y) % 385.12 339.71
EBITDA Growth (1y) % EBITDA Growth (1y) % 499.01 59.74
EBIT Growth (1y) % EBIT Growth (1y) % 439.17 40.42
EBT Growth (1y) % EBT Growth (1y) % 155.77 9.08
EPS Growth (1y) % EPS Growth (1y) % 160.29 463.23
FCF Growth (1y) % FCF Growth (1y) % 326.30 -118.03
Gross Profit Growth (1y) % Gross Profit Growth (1y) % 18.91 16.12
Liquidity Ratios Value Ind Avg Percentile
Asset Utilization Ratio Asset Util Ratio (Qtr) 3.45 1.01
Cash Payout Ratio Cash Payout (Qtr) 0.00 0.08
Cash Ratio Cash Ratio (Qtr) 1.09 0.74
Current Ratio Curr Ratio (Qtr) 0.00 1.04
Debt to Equity Ratio Debt/Equity (Qtr) 0.36 -2.16
Interest Cover Ratio Int Coverage (Qtr) 1.98 -4.66
Times Interest Earned Times Interest Earned (Qtr) 1.98 -4.66
Profitability Value Ind Avg Percentile
EBITDA Margin % EBITDA Margin % (Qtr) 3.00 -104.37
EBIT Margin % EBIT Margin % (Qtr) 2.38 -142.35
EBT Margin % EBT Margin % (Qtr) 1.38 -146.31
Gross Margin % Gross Margin % (Qtr) 91.20 44.07
Net Profit Margin % Net Margin % (Qtr) 0.50 -145.36