La Française des Jeux Société anonyme (FDJ) Fair Value & Analysis
Consumer Cyclical · AT · Market cap €4.3B
What is La Française des Jeux Société anonyme really worth?
A solid business, currently priced close to our fair value of €20.97.
Strengths
Risks
For context
Fair value as of: Aug 13, 2026
From 24 valuation models · updated 22 days ago
Share price −1.2% over the past month.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price sits close to our fair value, market and models broadly agree here, little valuation tension.
- A fairly wide model range (€15.72 to €29.60) leaves room in how you read the outcome.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range €20.37 – €39.26 · fair‑value band €15.72 – €29.60 · the €22.12 price screens above the €20.97 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.
Analysis
La Française des Jeux Société anonyme (FDJ) currently trades at €22.12, while our model-based Fair Value estimate is €20.97, implying the stock looks roughly 5.5% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Cyclical sector. Bull case: the DCF Models group reads highest at a median of €40.61 per share, and 15 of the 24 models we run sit above the €22.12 price. Bear case: the Asset-Based group reads lowest at €3.54, and 9 of the 24 models stay below the price. Evidence for this calculation is high.
Over the trailing twelve months, La Française des Jeux Société anonyme generated revenue of €3.7B at a net margin of 4.8%. Revenue grew 10.6% year over year. It earns a return on equity of 16.3%. Net debt stands at €1.5B. Fundamentals as of Aug 13, 2026
Our scenario range runs from €15.72 (bear case) to €29.60 (bull case); at €22.12, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 29% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −10% fair-value upside, at −5%, FDJ screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.
All 24 models by family
Widest divergence: DCF Models (€40.61) versus Asset-Based (€3.54). Highest evidence: FCF DCF (71).
Notify me when FDJ reaches fair value
Put FDJ on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Free, no payment details. Unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 60 · Market factors (momentum, volatility) 45
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
FDJ United engages in the gambling operation and distribution business in France and internationally. The company operates through Lottery and Sports Betting; Online Betting and Gaming; International Lottery; and Payment and Services segments.
Full company description
FDJ United engages in the gambling operation and distribution business in France and internationally. The company operates through Lottery and Sports Betting; Online Betting and Gaming; International Lottery; and Payment and Services segments. It offers prize draws, such as Loto and Euromillions, as well as Illiko instant games; online offer (open to competition), including sports betting and horse-race betting, poker and casino games; and payment and collection service through a network of point"of"sale registered as agents. The company also provides B2B solutions; and owns Relax Gaming, a supplier of online gambling products. The company was formerly known as La Française des Jeux Société anonyme and changed its name to FDJ United in March 2025. FDJ United was founded in 1933 and is based in Boulogne-Billancourt, France.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
La Française des Jeux Société anonyme reported revenue of €3.7B in FY2025 versus €2.3B in FY2021, a compound +13.0%/yr. Reported net income was €176M in FY2025, compounding −12.1%/yr from FY2021.
Watch FDJ: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- FDJ United (LFDJF) (H1 2026) Earnings Call Highlights: Navigating Tax Headwinds and Strategic ...
- FDJ UNITED - H1 2026
- FDJ UNITED: Combined General Meeting of 23 April 2026
- FDJ UNITED - Q1 2026
Peer Group
Gambling · 54 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Gambling median · lower = cheaper
Strength profile in five axes (Snowflake)
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Insider activity: 35/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Gambling stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Flutter Entertainment plc FLUT | $98.08 | $88.33 | −10% |
| Evolution AB EVO | kr 832.60 | kr 982.64 | +18% |
| The Lottery Corporation TLC | A$5.36 | A$2.99 | −44% |
| Rush Street Interactive, Inc RSI | $26.05 | $3.10 | −88% |
| Super Group SGHC | $13.95 | $9.39 | −33% |
| Light & Wonder, Inc LNWO | $89.75 | $77.19 | −14% |
| Lottomatica Group LTMC | €25.59 | €16.45 | −36% |
| Churchill Downs Incorporated CHDN | $86.65 | $88.74 | +2% |
| FDJ United FDJU | €22.25 | €20.97 | −6% |
| Brightstar Lottery PLC BRSL | $11.31 | $17.61 | +56% |
Compare La Française des Jeux Société anonyme with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is La Française des Jeux Société anonyme (FDJ) overvalued or undervalued?
What is the fair value of FDJ?
What is the quality score of FDJ?
What is the revenue of La Française des Jeux Société anonyme (FDJ)?
What is the net profit margin of FDJ?
Does La Française des Jeux Société anonyme pay a dividend?
Watch La Française des Jeux Société anonyme in the live analysis
One click puts La Française des Jeux Société anonyme on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.