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Consumer Cyclical - Gambling, Resorts & Casinos - NASDAQ - LU
$ 7.9
-1.99 %
$ 358 M
Market Cap
-11.29
P/E
1. INTRINSIC VALUE

Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. The company also offers online casino wagering products and services. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.[ Read More ]

The intrinsic value of one CDRO stock under the base case scenario is HIDDEN Compared to the current market price of 7.9 USD, Codere Online Luxembourg, S.A. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart CDRO

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FINANCIALS
116 M REVENUE
44.23%
-55.9 M OPERATING INCOME
21.33%
-43.4 M NET INCOME
35.25%
-42.4 M OPERATING CASH FLOW
-715.81%
-164 K INVESTING CASH FLOW
-97.59%
0 FINANCING CASH FLOW
0.00%
0 REVENUE
0.00%
0 OPERATING INCOME
100.00%
0 NET INCOME
100.00%
0 OPERATING CASH FLOW
100.00%
0 INVESTING CASH FLOW
100.00%
0 FINANCING CASH FLOW
0.00%
Balance Sheet Decomposition Codere Online Luxembourg, S.A.
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Current Assets 68.3 M
Cash & Short-Term Investments 53.8 M
Receivables 4.21 M
Other Current Assets 10.3 M
Non-Current Assets 983 K
Long-Term Investments 2 K
PP&E 971 K
Other Non-Current Assets 10 K
Current Liabilities 42.8 M
Accounts Payable 23.8 M
Short-Term Debt 4.24 M
Other Current Liabilities 14.7 M
Non-Current Liabilities 2.01 M
Long-Term Debt 710 K
Other Non-Current Liabilities 1.3 M
EFFICIENCY
Earnings Waterfall Codere Online Luxembourg, S.A.
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Revenue 116 M
Cost Of Revenue 4.84 M
Gross Profit 111 M
Operating Expenses 167 M
Operating Income -55.9 M
Other Expenses -12.5 M
Net Income -43.4 M
RATIOS
95.82% GROSS MARGIN
95.82%
-48.27% OPERATING MARGIN
-48.27%
-40.07% NET MARGIN
-40.07%
-190.08% ROE
-190.08%
-66.92% ROA
-66.92%
-203.36% ROIC
-203.36%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Codere Online Luxembourg, S.A.
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Net Income -43.4 M
Depreciation & Amortization 556 K
Capital Expenditures -164 K
Stock-Based Compensation 0
Change in Working Capital -3.94 K
Others -9.97 M
Free Cash Flow -42.5 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Codere Online Luxembourg, S.A.
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Wall Street analysts predict an average 1-year price target for CDRO of $9.5 , with forecasts ranging from a low of $9 to a high of $10 .
CDRO Lowest Price Target Wall Street Target
9 USD 13.92%
CDRO Average Price Target Wall Street Target
9.5 USD 20.25%
CDRO Highest Price Target Wall Street Target
10 USD 26.58%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Codere Online Luxembourg, S.A.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Codere Online Q2 Earnings: Attractive Valuation Despite Rising Competition Risks (Rating Upgrade) Q2 results showed the company's ability to continue to demonstrate profitable growth in its core markets. Despite increasing competition, the company benefits from favorable trends in the expanding iGaming market in Mexico. The current valuation has embedded optionality, which combined with a strong balance sheet, makes this an attractive investment opportunity. seekingalpha.com - 2 months ago
Codere Online Luxembourg, S.A. (CDRO) Q2 2024 Earnings Call Transcript Codere Online Luxembourg, S.A. (NASDAQ:CDRO ) Q2 2024 Earnings Call July 31, 2024 8:30 AM ET Company Participants Guillermo Lancha - Head, Investor Relations Aviv Sher - Chief Executive Officer Oscar Iglesias - Chief Financial Officer Moshe Edree - Executive Vice Chairman, Conference Call Participants Jeff Stantial - Stifel Ryan Sigdahl - Craig-Hallum Capital Group Michael Kupinski - Noble Capital Markets Mike Hickey - Benchmark Operator Thank you for standing by. seekingalpha.com - 3 months ago
Codere Online to Release Financial Results for the Second Quarter 2024 on July 31 Madrid, Spain and Tel Aviv, Israel, July 16, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its second quarter 2024 results prior to 8:30AM US Eastern Time on July 31, 2024. globenewswire.com - 4 months ago
Are Consumer Discretionary Stocks Lagging Codere Online Luxembourg (CDRO) This Year? Here is how Codere Online Luxembourg, S.A. (CDRO) and PlayAGS (AGS) have performed compared to their sector so far this year. zacks.com - 4 months ago
Is Codere Online Luxembourg (CDRO) Stock Outpacing Its Consumer Discretionary Peers This Year? Here is how Codere Online Luxembourg, S.A. (CDRO) and Rush Street Interactive, Inc. (RSI) have performed compared to their sector so far this year. zacks.com - 4 months ago
Codere Online Reports Favorable AGM Results and Changes to its Board of Directors Luxembourg, Grand Duchy of Luxembourg, June 25, 2024 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, today announced the favorable resolution of all 21 agenda items at the Annual General Meeting (AGM) held yesterday at the registered office of the Company, including the appointment of three new members to its Board of Directors. globenewswire.com - 4 months ago
Codere maintains top 100 place in Brand Finance ranking of Spain's most valuable brands Madrid, Spain, June 17, 2024 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), today announced that the Codere brand1 has been ranked 85th among the 100 most valuable brands in Brand Finance Spain's 2024 ranking. globenewswire.com - 5 months ago
Is Codere Online Luxembourg (CDRO) Outperforming Other Consumer Discretionary Stocks This Year? Here is how Codere Online Luxembourg, S.A. (CDRO) and Cinemark Holdings (CNK) have performed compared to their sector so far this year. zacks.com - 5 months ago
Are Consumer Discretionary Stocks Lagging Codere Online Luxembourg (CDRO) This Year? Here is how Codere Online Luxembourg, S.A. (CDRO) and Cinemark Holdings (CNK) have performed compared to their sector so far this year. zacks.com - 5 months ago
Codere Online Luxembourg, S.A (CDRO) Q1 2024 Earnings Call Transcript Codere Online Luxembourg, S.A (NASDAQ:CDRO ) Q1 2024 Results Conference Call May 15, 2024 8:30 AM ET Company Participants Guillermo Lancha - Head-IR Aviv Sher - CEO Oscar Iglesias - CFO Conference Call Participants Jeff Stantial - Stifel Pat McCann - Global Capital Markets Michael Kupinski - Noble Capital Markets Operator My name is Brianna, and I will be your conference operator today. At this time, I would like to welcome everyone to the Codere Online First Quarter 2024 Financial Results Investor Conference Call. seekingalpha.com - 6 months ago
Codere Online Reports Financial Results for the First Quarter 2024 Madrid, Spain and Tel Aviv, Israel, May 15, 2024 – (GLOBE NEWSWIRE) Codere Online (Nasdaq: CDRO / CDROW, the “Company”), a leading online gaming operator in Spain and Latin America, has released its preliminary unaudited2 financial results for the quarter ended March 31, 2024. globenewswire.com - 6 months ago
Codere Online to Release Financial Results for the First Quarter 2024 on May 15 Madrid, Spain and Tel Aviv, Israel, May 10, 2024 (GLOBE NEWSWIRE) – Codere Online Luxembourg, S.A. (Nasdaq: CDRO / CDROW) (the “Company” or “Codere Online”) a leading online gaming operator in Spain and Latin America, today announced that it will release its first quarter 2024 results prior to 8:30AM US Eastern Time on May 15, 2024. globenewswire.com - 6 months ago
8. Profile Summary

Codere Online Luxembourg, S.A. CDRO

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COUNTRY LU
INDUSTRY Gambling, Resorts & Casinos
MARKET CAP $ 358 M
Dividend Yield 0.00%
Description Codere Online Luxembourg, S.A. operates as an online casino gaming and sports betting company. The company also offers online casino wagering products and services. It primarily operates in Spain, Italy, Mexico, Colombia, Panama, and Argentina. The company is based in Luxembourg, Luxembourg.
Contact 7 rue Robert Stümper, Luxembourg City, 2557 https://www.codereonline.com
IPO Date Jan. 27, 2021
Employees 249
Officers Mr. Moshe Edree Executive Vice Chairman of the Board Mr. Guillermo Lancha Director of Investor Relations Ms. Yaiza Rodriguez General Counsel & Secretary of the Board Mr. Gonzalo de Osma Chief Accounting Officer Ms. Deborah Guivisdalsky Chief Operating Officer Mr. Matan Shemesh Chief of Growth & Strategy Mr. Aviv Sher Chief Executive Officer Mr. Oscar Iglesias Chief Financial Officer Mr. Alberto Telias Chief Marketing Officer