(FDJU) FDJ United - Ratings and Ratios
Lottery, Sports Betting, Online Gaming, Horse Racing, Poker
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 8.74% |
| Yield on Cost 5y | 6.94% |
| Yield CAGR 5y | 41.03% |
| Payout Consistency | 100.0% |
| Payout Ratio | 82.4% |
| Risk via 5d forecast | |
|---|---|
| Volatility | 21.3% |
| Value at Risk 5%th | 30.6% |
| Relative Tail Risk | -12.70% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -1.67 |
| Alpha | -38.09 |
| CAGR/Max DD | -0.30 |
| Character TTM | |
|---|---|
| Hurst Exponent | 0.463 |
| Beta | 0.084 |
| Beta Downside | 0.203 |
| Drawdowns 3y | |
|---|---|
| Max DD | 39.04% |
| Mean DD | 13.38% |
| Median DD | 10.96% |
Description: FDJU FDJ United November 11, 2025
FDJ United (formerly La Française des Jeux) operates a diversified gambling business across France and select international markets, segmented into Lottery; Sports Betting and Online Gaming Open to Competition; and Other Activities. Its product suite includes traditional draw and instant lottery tickets sold both in-store and online, retail and digital sports-betting, and a suite of online casino-style games (poker, slots, horse-race betting) under the Unibet and 32Red brands, alongside ancillary services such as ticket printing and local payment collection.
Recent performance indicators show FY2023 net revenue of roughly €2.6 billion, with an operating margin near 15 %, while online gaming revenue grew about 12 % year-over-year-driven by higher mobile adoption and the rollout of new live-dealer offerings. The French gambling sector is highly regulated; any change in tax rates or advertising restrictions can materially affect earnings, making the company’s exposure to domestic policy a key risk factor. Additionally, discretionary consumer spending, which correlates with GDP growth and employment trends, remains a primary macro driver of ticket sales and betting volume.
For a deeper, data-rich assessment of FDJ United’s valuation dynamics, you may find ValueRay’s analytical dashboards worth exploring.
Piotroski VR‑10 (Strict, 0-10) 7.0
| Net Income (1.46b TTM) > 0 and > 6% of Revenue (6% = 351.4m TTM) |
| FCFTA 0.19 (>2.0%) and ΔFCFTA -7.80pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -18.62% (prev -8.32%; Δ -10.29pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.25 (>3.0%) and CFO 1.57b > Net Income 1.46b (YES >=105%, WARN >=100%) |
| Net Debt (1.85b) to EBITDA (1.22b) ratio: 1.51 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.61 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (184.9m) change vs 12m ago -3.05% (target <= -2.0% for YES) |
| Gross Margin 55.08% (prev 42.90%; Δ 12.18pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 128.3% (prev 172.9%; Δ -44.63pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 11.15 (EBITDA TTM 1.22b / Interest Expense TTM 74.3m) >= 6 (WARN >= 3) |
Altman Z'' 0.67
| (A) -0.18 = (Total Current Assets 1.71b - Total Current Liabilities 2.80b) / Total Assets 6.19b |
| (B) 0.13 = Retained Earnings (Balance) 814.8m / Total Assets 6.19b |
| (C) 0.18 = EBIT TTM 828.4m / Avg Total Assets 4.57b |
| (D) 0.17 = Book Value of Equity 900.1m / Total Liabilities 5.29b |
| Total Rating: 0.67 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 80.00
| 1. Piotroski 7.0pt |
| 2. FCF Yield 16.32% |
| 3. FCF Margin 20.09% |
| 4. Debt/Equity 2.61 |
| 5. Debt/Ebitda 1.51 |
| 6. ROIC - WACC (= 124.8)% |
| 7. RoE 140.0% |
| 8. Rev. Trend 53.01% |
| 9. EPS Trend -35.55% |
What is the price of FDJU shares?
Over the past week, the price has changed by +0.34%, over one month by -2.25%, over three months by -18.49% and over the past year by -30.82%.
Is FDJU a buy, sell or hold?
What are the forecasts/targets for the FDJU price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 37.5 | 59.8% |
| Analysts Target Price | - | - |
| ValueRay Target Price | 24.7 | 5.1% |
FDJU Fundamental Data Overview December 22, 2025
Market Cap EUR = 5.38b (5.38b EUR * 1.0 EUR.EUR)
P/E Trailing = 13.3056
P/E Forward = 11.4416
P/S = 1.7551
P/B = 4.552
Beta = 0.796
Revenue TTM = 5.86b EUR
EBIT TTM = 828.4m EUR
EBITDA TTM = 1.22b EUR
Long Term Debt = 2.13b EUR (from longTermDebt, last fiscal year)
Short Term Debt = 181.4m EUR (from shortTermDebt, last quarter)
Debt = 2.35b EUR (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.85b EUR (from netDebt column, last quarter)
Enterprise Value = 7.21b EUR (5.38b + Debt 2.35b - CCE 515.8m)
Interest Coverage Ratio = 11.15 (Ebit TTM 828.4m / Interest Expense TTM 74.3m)
FCF Yield = 16.32% (FCF TTM 1.18b / Enterprise Value 7.21b)
FCF Margin = 20.09% (FCF TTM 1.18b / Revenue TTM 5.86b)
Net Margin = 24.92% (Net Income TTM 1.46b / Revenue TTM 5.86b)
Gross Margin = 55.08% ((Revenue TTM 5.86b - Cost of Revenue TTM 2.63b) / Revenue TTM)
Gross Margin QoQ = 32.29% (prev 100.0%)
Tobins Q-Ratio = 1.16 (Enterprise Value 7.21b / Total Assets 6.19b)
Interest Expense / Debt = 1.74% (Interest Expense 40.9m / Debt 2.35b)
Taxrate = 39.88% (90.1m / 225.9m)
NOPAT = 498.0m (EBIT 828.4m * (1 - 39.88%))
Current Ratio = 0.61 (Total Current Assets 1.71b / Total Current Liabilities 2.80b)
Debt / Equity = 2.61 (Debt 2.35b / totalStockholderEquity, last quarter 900.2m)
Debt / EBITDA = 1.51 (Net Debt 1.85b / EBITDA 1.22b)
Debt / FCF = 1.57 (Net Debt 1.85b / FCF TTM 1.18b)
Total Stockholder Equity = 1.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 23.57% (Net Income 1.46b / Total Assets 6.19b)
RoE = 140.0% (Net Income TTM 1.46b / Total Stockholder Equity 1.04b)
RoCE = 26.08% (EBIT 828.4m / Capital Employed (Equity 1.04b + L.T.Debt 2.13b))
RoIC = 129.5% (NOPAT 498.0m / Invested Capital 384.5m)
WACC = 4.73% (E(5.38b)/V(7.73b) * Re(6.33%) + D(2.35b)/V(7.73b) * Rd(1.74%) * (1-Tc(0.40)))
Discount Rate = 6.33% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 8.05%
Shares Correlation 3-Years: -33.33 | Cagr: -1.50%
[DCF Debug] Terminal Value 77.09% ; FCFE base≈1.02b ; Y1≈944.2m ; Y5≈856.9m
Fair Price DCF = 83.31 (DCF Value 15.39b / Shares Outstanding 184.8m; 5y FCF grow -9.48% → 3.0% )
EPS Correlation: -35.55 | EPS CAGR: -37.19% | SUE: 0.0 | # QB: 0
Revenue Correlation: 53.01 | Revenue CAGR: 24.89% | SUE: N/A | # QB: 0
EPS next Year (2026-12-31): EPS=2.59 | Chg30d=-0.307 | Revisions Net=+0 | Growth EPS=+4.8% | Growth Revenue=+4.8%