(FDJU) FDJ United - Overview
Sector: Consumer CyclicalIndustry: Gambling | Exchange PA (France) | Currency EUR | Market Cap: 5.222m | Total Return -8.6% in 12m
EPS Trend: -27.7%
Qual. Beats: 0
Rev. Trend: 58.9%
FDJ United (FDJU) operates in the gaming sector, offering lottery, sports betting, and online gaming services. The company distributes its products through physical points of sale and online platforms. The gaming industry is highly regulated, with licensing and compliance being critical operational aspects.
Its business model encompasses various gaming types, including draw and instant lottery games, sports betting, and online casino offerings under brands like Unibet and 32Red. FDJU also provides local collection and payment services, and prints lottery tickets. This diversified approach helps mitigate risks associated with specific gaming segments.
FDJ United, established in 1933, was formerly known as La Française des Jeux Société anonyme. For a deeper dive into FDJUs financial performance and market position, consider exploring ValueRays comprehensive analysis.
- Lottery sales growth crucial for revenue
- Sports betting expansion drives international revenue
- Regulatory changes in French gaming market pose risk
- Online gaming competition impacts market share
| Net Income: 1.29b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.16 > 0.02 and ΔFCF/TA -5.04 > 1.0 |
| NWC/Revenue: -14.32% < 20% (prev -8.80%; Δ -5.52% < -1%) |
| CFO/TA 0.23 > 3% & CFO 1.34b > Net Income 1.29b |
| Net Debt (1.70b) to EBITDA (1.31b): 1.30 < 3 |
| Current Ratio: 0.64 > 1.5 & < 3 |
| Outstanding Shares: last quarter (186.5m) vs 12m ago -2.14% < -2% |
| Gross Margin: 50.34% > 18% (prev 0.44%; Δ 4.99k% > 0.5%) |
| Asset Turnover: 129.6% > 50% (prev 139.8%; Δ -10.19% > 0%) |
| Interest Coverage Ratio: 6.83 > 6 (EBITDA TTM 1.31b / Interest Expense TTM 122.9m) |
| A: -0.15 (Total Current Assets 1.58b - Total Current Liabilities 2.48b) / Total Assets 5.84b |
| B: 0.15 (Retained Earnings 904.9m / Total Assets 5.84b) |
| C: 0.17 (EBIT TTM 839.2m / Avg Total Assets 4.81b) |
| D: 0.20 (Book Value of Equity 974.8m / Total Liabilities 4.86b) |
| Altman-Z'' Score: 0.88 = B |
| DSRI: 0.62 (Receivables 447.2m/613.5m, Revenue 6.24b/5.30b) |
| GMI: 0.88 (GM 50.34% / 44.44%) |
| AQI: 1.41 (AQ_t 0.65 / AQ_t-1 0.46) |
| SGI: 1.18 (Revenue 6.24b / 5.30b) |
| TATA: -0.01 (NI 1.29b - CFO 1.34b) / TA 5.84b) |
| Beneish M-Score: -3.08 (Cap -4..+1) = AA |
Over the past week, the price has changed by -1.19%, over one month by -3.04%, over three months by +5.96% and over the past year by -8.60%.
| ISSUER | TARGET | UP/DOWN |
|---|---|---|
| Wallstreet Target Price | 29 | 16.6% |
| Analysts Target Price | - | - |
P/E Trailing = 25.7895
P/E Forward = 9.1408
P/S = 1.2309
P/B = 4.7261
Revenue TTM = 6.24b EUR
EBIT TTM = 839.2m EUR
EBITDA TTM = 1.31b EUR
Long Term Debt = 2.02b EUR (from longTermDebt, last quarter)
Short Term Debt = 185.2m EUR (from shortTermDebt, last quarter)
Debt = 2.37b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.70b EUR (from netDebt column, last quarter)
Enterprise Value = 6.23b EUR (4.53b + Debt 2.37b - CCE 663.8m)
Interest Coverage Ratio = 6.83 (Ebit TTM 839.2m / Interest Expense TTM 122.9m)
EV/FCF = 6.75x (Enterprise Value 6.23b / FCF TTM 923.2m)
FCF Yield = 14.82% (FCF TTM 923.2m / Enterprise Value 6.23b)
FCF Margin = 14.80% (FCF TTM 923.2m / Revenue TTM 6.24b)
Net Margin = 20.63% (Net Income TTM 1.29b / Revenue TTM 6.24b)
Gross Margin = 50.34% ((Revenue TTM 6.24b - Cost of Revenue TTM 3.10b) / Revenue TTM)
Gross Margin QoQ = 33.55% (prev 32.29%)
Tobins Q-Ratio = 1.07 (Enterprise Value 6.23b / Total Assets 5.84b)
Interest Expense / Debt = 2.05% (Interest Expense 48.6m / Debt 2.37b)
Taxrate = 49.88% (39.9m / 80.0m)
NOPAT = 420.6m (EBIT 839.2m * (1 - 49.88%))
Current Ratio = 0.64 (Total Current Assets 1.58b / Total Current Liabilities 2.48b)
Debt / Equity = 2.43 (Debt 2.37b / totalStockholderEquity, last quarter 974.8m)
Debt / EBITDA = 1.30 (Net Debt 1.70b / EBITDA 1.31b)
Debt / FCF = 1.84 (Net Debt 1.70b / FCF TTM 923.2m)
Total Stockholder Equity = 1.02b (last 4 quarters mean from totalStockholderEquity)
RoA = 26.73% (Net Income 1.29b / Total Assets 5.84b)
RoE = 126.4% (Net Income TTM 1.29b / Total Stockholder Equity 1.02b)
RoCE = 27.62% (EBIT 839.2m / Capital Employed (Equity 1.02b + L.T.Debt 2.02b))
RoIC = 15.16% (NOPAT 420.6m / Invested Capital 2.78b)
WACC = 5.38% (E(4.53b)/V(6.89b) * Re(7.65%) + D(2.37b)/V(6.89b) * Rd(2.05%) * (1-Tc(0.50)))
Discount Rate = 7.65% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.92%
Shares Correlation 3-Years: -33.33 | Cagr: -1.07%
[DCF] Terminal Value 86.08% ; FCFF base≈870.1m ; Y1≈848.0m ; Y5≈854.5m
[DCF] Fair Price = 128.8 (EV 25.47b - Net Debt 1.70b = Equity 23.77b / Shares 184.6m; r=6.0% [WACC]; 5y FCF grow -3.61% → 3.0% )
EPS Correlation: -27.68 | EPS CAGR: -37.55% | SUE: 0.0 | # QB: 0
Revenue Correlation: 58.86 | Revenue CAGR: 22.89% | SUE: N/A | # QB: 0
EPS current Year (2026-12-31): EPS=2.55 | Chg7d=-0.014 | Chg30d=-0.152 | Revisions Net=+0 | Growth EPS=-3.0% | Growth Revenue=+1.6%
EPS next Year (2027-12-31): EPS=2.88 | Chg7d=-0.014 | Chg30d=+0.023 | Revisions Net=+4 | Growth EPS=+13.0% | Growth Revenue=+4.0%
[Analyst] Revisions Ratio: +0.00 (4 Up / 4 Down within 30d for Current Year)
[Growth] Implied Growth Rate = 4.0% (Discount Rate 7.9% - Earnings Yield 3.9%)
[Growth] Growth Spread = -0.0% (Analyst 4.0% - Implied 4.0%)