Entain stock: fair value
GVC.VIThe fair value of Entain under our model is $9.78, the price is 35% below.
The fair value is an estimate from our model, not a price target.
Daily figure as of 13 Nov 2026
Valuation signal
Possible value trapIn our model the price counts as cheap below $6.98 and expensive above $16.29 (uncertainty high, based on the price swings of the past year).
Calculated with a cost of equity of 11.9%. At 12.9% the fair value would be $8.72, at 10.9% it would be $11.12.
Possible value trap: looks cheap, but score below 50, high risk.
Where the number comes from
From the cash-flow model alone; without earnings there is no industry value.
Ten-year cash-flow model from smoothed free cash flow and its past growth until it reaches 3.8%. Discounted at 11.9% (government bond yield 3.8% plus beta 1.62 times a risk premium of 5%); no analyst estimates were available.
Calculate with your own assumptionsThe calculation step by step
With these figures the cash flow model arrives at $9.78 per share: free cash flow for the next ten years, each year discounted to today at 11.9%, plus the terminal value for the years after. The table explains the calculation; it is not a recommendation.
Calculation as a table
| Year | Free cash flow | Source | Discount factor | Present value (discounted at 11.9%) |
|---|---|---|---|---|
| 2026 | $564.14M | extrapolated at −2.2% | 0.8934 | $504M |
| 2027 | $561.83M | extrapolated at −0.4% | 0.7982 | $448.43M |
| 2028 | $566.65M | extrapolated at 0.9% | 0.7131 | $404.07M |
| 2029 | $576.55M | extrapolated at 1.8% | 0.6371 | $367.3M |
| 2030 | $590.21M | extrapolated at 2.4% | 0.5692 | $335.92M |
| 2031 | $606.76M | extrapolated at 2.8% | 0.5085 | $308.53M |
| 2032 | $625.63M | extrapolated at 3.1% | 0.4543 | $284.21M |
| 2033 | $646.41M | extrapolated at 3.3% | 0.4059 | $262.35M |
| 2034 | $668.85M | extrapolated at 3.5% | 0.3626 | $242.52M |
| 2035 | $692.77M | extrapolated at 3.6% | 0.3239 | $224.42M |
| Step | Value |
|---|---|
| Sum of present values (ten years) | $3.38B |
| Terminal value: cash flow 2035 × (1 + 3.8%) / (11.9% − 3.8%) | $8.87B |
| Present value of terminal value (× 0.3239) | $2.87B |
| Equity value (sum plus present value of terminal value) | $6.25B |
| Shares (diluted) | 639.80M |
| Value per share (equity value divided by shares) | $9.78 |
| Fair value (from the cash flow model alone) | $9.78 |
The model uses free cash flow after interest, which belongs to shareholders, discounted at the cost of equity. Net debt is therefore not deducted again.
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = €0.9024, $1 = £0.7544)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Weak, published since 7 Nov 2026 (in the score history since 30 Sep 2023)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.