Is FLUT a good stock to buy?
We came across a bullish thesis on Flutter Entertainment plc on r/ValueInvesting by LowKey-Revolution36
In this article, we will summarize the bulls’ thesis on FLUT. Flutter Entertainment plc’s share was trading at $101.83 as of June 18th. FLUT’s trailing and forward P/E were 121.78 and 13.50 respectively according to Yahoo Finance.
Flutter Entertainment plc (FLUT) is presented as a compelling opportunity within the global online sports betting and iGaming industry, with the company holding leading market positions across the United States, the United Kingdom, Italy, and Australia through brands including FanDuel, Betfair, Paddy Power, Sky Betting & Gaming, Sisal, Snai, Sportsbet, PokerStars, and Betnacional. The bullish thesis argues that Flutter combines scale, strong market share, and double-digit growth while trading at valuation multiples that appear disconnected from its long-term earnings potential. 15 AI Stocks That Are Quietly Making Investors Rich Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential FanDuel remains a central asset within the portfolio and is viewed as being worth a substantial portion of Flutter’s current enterprise value on its own, supported by FOX’s option to acquire an 18% stake in FanDuel at a predetermined valuation through 2030. Beyond its core sportsbook and iGaming operations, Flutter is developing additional optionality through prediction markets, leveraging its long-standing expertise with the Betfair Exchange and new initiatives such as Betfair Predicts.