Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
DCF Valuation
Base-case fair value
€49.79
Intrinsic €66.39 · 25% MOS
Base-case summary
Our base-case DCF for FDJ Gaming Solutions France (FDJ.XPAR) projects 10 years of free cash flow growth at 12.8% for years 1–5 and 6.4% for years 6–10, anchored to 12.8% historical FCF growth, then applies a 2.5% perpetual growth rate and a 8.0% discount rate. Starting from €427M in trailing free cash flow, this produces an intrinsic value of €66.39 per share. A 25% safety margin gives a fair value of €49.79.
See 3 scenarios side by side
Conservative, Base, and Optimistic fair values, plus the sensitivity matrix and FCF history. Free account.
Model inputs
TTM Free Cash Flow
€427M
Cash & equivalents
€843M
Total debt
€2.3B
Shares outstanding
191M