Codere Online Luxembourg, S.A. (CDRO) intrinsic value & 10-year financials
Codere Online Luxembourg, S.A. (CDRO) has a Graham intrinsic value of $2.85 per share. Over the last 7 fiscal years revenue grew 26.6% a year to $200.7M, with an average return on invested capital of -77.7%.
- Graham intrinsic value
- $2.85
- Revenue (FY2024)
- $200.7M
- Revenue growth (7-yr CAGR)
- 26.6%
- ROIC (10-yr avg)
- -77.7%
- Free cash flow (FY2024)
- —
CDRO 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2024 | $200.7M | $3.9M | — | — | — | 17.2% |
| FY2023 | $161.6M | -$2.4M | — | — | — | -10.5% |
| FY2022 | $115.7M | -$46.4M | — | — | — | -100.1% |
| FY2021 | $80.3M | -$68.0M | — | — | — | -481.9% |
| FY2020 | $70.5M | -$16.3M | — | — | — | 45.7% |
| FY2019 | $61.6M | -$16.1M | — | — | — | 63.5% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Codere Online Luxembourg, S.A. revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Codere Online Luxembourg, S.A. has historically struggled to out-earn its cost of capital, averaging just 1.8% ROIC.
Codere Online Luxembourg, S.A. capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Codere Online Luxembourg, S.A. is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $2.85 per share.