CDRO Stock Fair Value – Codere Online Luxembourg Ranked Among Top 100 Most Valuable Brands in Spain
June 25, 2023
☀️Trending News
Codere Online Luxembourg ($NASDAQ:CDRO) is a Madrid-based online gaming company that offers a variety of gaming services to its customers. Recently, the company has been ranked among the top 100 most valuable brands in Spain according to the BrandZ Top 100 Most Valuable Spanish Brands 2021. This recognition speaks to the success of Codere Online Luxembourg in the Spanish and Latin American markets. The company has achieved success due to its commitment to offering first-class services and providing innovative solutions for customers. The company also has a strong presence in the online gaming sector, offering an extensive range of products and services, including sports betting and casino games.
This ranking also highlights the great work done by Codere Online Luxembourg to provide the best gaming experience for customers. The company’s commitment to providing a safe and secure gaming environment as well as high levels of customer service have been crucial to its success. With its commitment to excellence, the company is continuing to strengthen its position as one of the most valuable brands in the industry.
Share Price
The news sent the company’s stock soaring by 10.6%, closing at $3.4 after opening at $3.1 from its last closing price of $3.1. This marks a significant milestone for the company as a rising star in the Spanish market. The recognition came after CODERE ONLINE LUXEMBOURG has grown exponentially in the past year, as more and more customers have been drawn to its innovative and reliable online services.
With its focus on providing a secure and enjoyable experience for its customers, the company has quickly made a name for itself in the Spanish market. With this recognition, the company is well-poised to reach even greater heights in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for CDRO. More…
| Total Revenues | Net Income | Net Margin |
| 115.75 | -46.38 | -40.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for CDRO. More…
| Operations | Investing | Financing |
| -42.36 | -0.16 | 0 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for CDRO. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 69.31 | 44.76 | 0.54 |
Key Ratios Snapshot
Some of the financial key ratios for CDRO are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 23.4% | – | -26.6% |
| FCF Margin | ROE | ROA |
| -36.7% | -50.7% | -27.7% |
Analysis – CDRO Stock Fair Value
At GoodWhale, we conducted an analysis of CODERE ONLINE LUXEMBOURG’s wellbeing. Our proprietary Valuation Line indicated that the fair value of its share is approximately $4.1. However, the stock is currently being traded at only $3.4, which is a 16.6% undervaluation. We believe this presents an attractive opportunity for investors, and recommend they consider CODERE ONLINE LUXEMBOURG for their portfolio. More…
Peers
The company operates in Europe, Latin America, and Spain. The company offers online casino, sports betting, and poker. Codere Online SA is a subsidiary of Codere SA. The company was founded in 1980 and is headquartered in Luxembourg. The company’s main competitors are bet-at-home.com AG, Golden Nugget Online Gaming Inc, Rush Street Interactive Inc.
– bet-at-home.com AG ($LTS:0RIP)
Assuming you are asking for bet-at-home.com AG:
bet-at-home.com AG is a gaming and sports betting company that offers its services online. The company was founded in 1999 and is headquartered in Dusseldorf, Germany. bet-at-home.com AG operates in the gaming and sports betting industry. The company offers sports betting, live betting, casino games, and poker. It also provides live streaming of sporting events. The company has a market cap of 30.42M as of 2022 and a Return on Equity of 13.09%.
– Golden Nugget Online Gaming Inc ($NYSE:RSI)
Rush Street Interactive Inc is a gaming company that operates online casinos and sports betting websites. The company has a market cap of 237.28M and a ROE of -121.42%. The company’s online casinos offer a variety of casino games, including slots, blackjack, roulette, and poker. The company’s sports betting websites offer a variety of sports betting options, including football, basketball, baseball, and hockey.
Summary
The investing analysis in Codere Online Luxembourg shows that their stock price has moved up since being ranked as one of the 100 most valuable companies in Spain. This suggests that investors have confidence in the company’s future prospects, potentially due to their strong online gaming presence in both Spain and Latin America. Investors should be aware that due to the nature of the industry, there may be certain risks involved with investing in Codere Online Luxembourg.
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