FDJ Gaming Solutions France | Mid-cap | Consumer Cyclical

TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Income Metrics

Balance Sheet Metrics

Total Assets 6.6B
Total Liabilities 5.4B
Shareholders Equity 1.2B
Debt to Equity 4.51

Cash Flow Metrics

Revenue & Profitability Trend

FDJ Gaming Solutions Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i3.1B2.6B2.5B2.3B1.9B
Cost of Goods Sold i1.4B1.2B1.3B1.2B1.1B
Gross Profit i1.7B1.4B1.1B1.0B840.5M
Gross Margin % i55.4%52.9%46.0%45.3%43.8%
Operating Expenses
Research & Development i-----
Selling, General & Administrative i346.2M253.2M660.9M614.1M502.2M
Other Operating Expenses i155.9M132.5M26.0M53.1M50.5M
Total Operating Expenses i502.1M385.7M686.9M667.2M552.7M
Operating Income i528.6M521.3M448.8M391.6M292.7M
Operating Margin % i17.2%19.9%18.2%17.4%15.2%
Non-Operating Items
Interest Income i19.1M19.1M4.0M2.9M6.7M
Interest Expense i37.7M13.8M6.6M5.8M5.4M
Other Non-Operating Income-----
Pre-tax Income i536.8M566.0M421.2M416.6M298.7M
Income Tax i137.9M141.0M113.3M122.5M85.0M
Effective Tax Rate % i25.7%24.9%26.9%29.4%28.5%
Net Income i398.9M425.1M307.9M294.2M213.7M
Net Margin % i13.0%16.2%12.5%13.0%11.1%
Key Metrics
EBITDA i780.7M674.9M580.8M558.4M426.1M
EPS (Basic) i-€2.23€1.61€1.54€1.12
EPS (Diluted) i-€2.23€1.61€1.54€1.12
Basic Shares Outstanding i-190806384190816794190956080190962466
Diluted Shares Outstanding i-190806384190816794190956080190962466

Income Statement Trend

FDJ Gaming Solutions Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i683.6M538.6M513.4M601.7M673.2M
Short-term Investments i159.6M265.3M207.0M92.4M215.0M
Accounts Receivable i729.3M559.5M465.8M358.5M255.4M
Inventory i19.9M22.7M18.5M13.0M14.9M
Other Current Assets----100.0K-100.0K
Total Current Assets i2.0B1.7B1.5B1.3B1.4B
Non-Current Assets
Property, Plant & Equipment i133.2M120.9M105.1M116.0M106.8M
Goodwill i5.1B1.3B621.0M522.4M575.2M
Intangible Assets i2.7B927.8M507.8M522.4M521.2M
Long-term Investments7.7M11.2M19.0M2.7M-
Other Non-Current Assets300.0K-100.0K200.0K-300.0K-100.0K
Total Non-Current Assets i4.5B2.1B1.8B1.8B1.5B
Total Assets i6.6B3.8B3.3B3.2B2.9B
Liabilities
Current Liabilities
Accounts Payable i721.4M478.5M465.7M385.6M249.0M
Short-term Debt i129.1M42.8M39.5M33.1M34.0M
Current Portion of Long-term Debt-----
Other Current Liabilities1.1B1.2B948.6M923.5M752.2M
Total Current Liabilities i2.8B2.1B1.9B1.8B1.6B
Non-Current Liabilities
Long-term Debt i2.2B386.0M428.7M485.8M509.5M
Deferred Tax Liabilities i257.0M84.2M34.9M21.0M21.3M
Other Non-Current Liabilities-100.0K-100.0K100.0K200.0K-200.0K
Total Non-Current Liabilities i2.5B541.0M521.3M567.7M627.3M
Total Liabilities i5.4B2.7B2.4B2.4B2.2B
Equity
Common Stock i74.1M76.4M76.4M76.4M76.4M
Retained Earnings i1.1B978.8M817.3M654.1M533.7M
Treasury Stock i-----
Other Equity-----
Total Shareholders Equity i1.2B1.1B925.4M829.1M702.1M
Key Metrics
Total Debt i2.3B428.8M468.2M518.9M543.5M
Working Capital i-777.3M-451.6M-355.8M-450.3M-178.8M

Balance Sheet Composition

FDJ Gaming Solutions Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i398.9M425.1M307.9M294.2M213.7M
Depreciation & Amortization i-----
Stock-Based Compensation i-----
Working Capital Changes i-148.4M-70.7M-109.9M-145.6M48.2M
Operating Cash Flow i259.3M338.1M224.1M130.8M257.4M
Investing Activities
Capital Expenditures i-149.8M-124.6M-104.1M-75.4M-459.7M
Acquisitions i-----
Investment Purchases i-2.2B-211.9M-147.7M-216.0M0
Investment Sales i588.6M303.5M--110.0M
Investing Cash Flow i-1.7B-19.0M-241.9M-291.6M-359.2M
Financing Activities
Share Repurchases i-----
Dividends Paid i-328.7M-253.4M-229.5M-166.7M-83.4M
Debt Issuance i3.9B0-0380.0M
Debt Repayment i-2.2B-306.0M-79.4M-188.9M-66.6M
Financing Cash Flow i1.4B-565.8M-315.2M-359.2M229.9M
Free Cash Flow i427.1M504.2M302.0M527.4M233.5M
Net Change in Cash i-112.8M-246.7M-333.0M-520.0M128.1M

Cash Flow Trend

FDJ Gaming Solutions Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 15.28
Forward P/E 13.15
Price to Book 5.10
Price to Sales 1.99
PEG Ratio 13.15

Profitability Ratios

Profit Margin 13.01%
Operating Margin 17.27%
Return on Equity 35.29%
Return on Assets 6.88%

Financial Health

Current Ratio 0.72
Debt to Equity 201.53
Beta 0.80

Per Share Data

EPS (TTM) €2.16
Book Value per Share €6.47
Revenue per Share €16.60

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
fdj6.1B15.285.1035.29%13.01%201.53
FDJ UNITED 5.2B13.125.8233.72%9.19%260.74
LVMH Moët Hennessy 245.3B22.433.7616.96%13.26%59.37
Hermès International 219.9B49.0813.2528.55%28.54%12.40
Christian Dior SE 85.3B18.433.5617.53%5.50%61.66
Kering S.A 25.8B35.341.755.17%4.63%127.39

Financial data is updated regularly. All figures are in the company's reporting currency.