Published on 16 Oct 2023 on Simply Wall St. via Yahoo Finance
Is There An Opportunity With Flutter Entertainment plc's (LON:FLTR) 27% Undervaluation?
Key Insights
The projected fair value for Flutter Entertainment is UK£180 based on 2 Stage Free Cash Flow to EquityCurrent share price of UK£132 suggests Flutter Entertainment is potentially 27% undervalued Analyst price target for FLTR is UK£176 which is 2.3% below our fair value estimate
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Flutter Entertainment plc (LON:FLTR) as an investment opportunity by taking the forecast future cash flows of the company and discounting them back to today's value. Our analysis will employ the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex.