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← CockpitCompetitor Analysis › CDRO Codere Online Luxembourg, S.A.Open in the cockpit ↗

Codere Online Luxembourg, S.A.CDROCompetitor analysis, valuation and peers

United States · USD·Communication Services›Movies/Entertainment
Momentum neutral 40
Mkt cap
$386M
US dollars, full cap
Free float
33%
of shares outstanding
$/day
$225,591
20-day average traded
Fwd P/E
19.8×
forward earnings
ROIC−WACC
n/a
WACC 7.2%
Hurdle
-5 pp
Req g minus delivered
Next earnings
6 days
12 Nov 2026
Close · USD$8.48
1D-0.3%
1W-2.0%
1M-10.6%
3M-4.2%
6M-5.8%
YTD+5.6%
1Y+42.5%
ATR %5.3%
Beta0.52
52w lowhigh17.4% off high

What Codere Online Luxembourg does

Employees: 369

Codere Online Luxembourg at a glance

Size Codere Online Luxembourg (CDRO) is a United States Communication Services company (Movies/Entertainment) with a market value of $386M, the 2889th largest of 3,117 United States companies the cockpit tracks. Shares closed at $8.48 on 6 Nov 2026.

Performance Over six months the shares fell 5.8%, against -4.1% for the median peer and -1.1% for the United States market (cap-weighted) — 10th lowest of 21 in its peer set.

Growth Revenue grew 9.4% over the last twelve months (peer median +4.5%); the operating margin is 2.7% (peer median 6.2%).

Valuation It trades at 19.8× forward earnings against a peer median of 14.3× (3rd most expensive of 7).

Price implies For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -5 pp: the price already allows for a slowdown.

Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).

Relative performance

9010011011 May 202611 Aug 20266 Nov 2026Peer median 96CDRO 93
Six months, rebased to 100: Codere Online Luxembourg against the median of its 20 peers (local-currency closes).

Codere Online Luxembourg financials

Reported figures in USD; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenuen/a$237M$217M$175M$122M
Revenue growth—+9%+24%+44%—
Gross profitn/a$138M$128M$91.8M$53.1M
EBITDAn/a$7.20M$5.10M-$15.8M-$58.3M
Net incomen/a$1.46M$4.23M-$2.61M-$48.7M
Free cash flown/a$18.5M$3.99M-$12.8M-$44.7M
Capital expendituren/a$95,929$276,913$264,873$172,360
Total debt$2.17M$4.61M$5.56M$5.64M$5.91M

Quarterly statements and history in the cockpit →

Codere Online Luxembourg competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%0%+20%BVBPARKEN2329603721WVIAGAMSTRZ6001362255BAMITWC2309WONDERLAOLG002905253450LUCK1896CDRO6-month return →1-month return →
Up and to the right = strong over both horizons. Codere Online Luxembourg is the large dot.

Fundamentals: revenue growth against valuation

0%+50%+100%15×20×BVBWVIA4343WONDERLA2534501896CDRORevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Codere Online Luxembourg is the large dot.

Capital: growth delivered against growth the price implies

0%+25%+50%+75%+100%0%50%100%BVBPARKEN2329WVIA600136BAMITWC002905CDROGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Codere Online Luxembourg is the large dot.

Codere Online Luxembourg competitors and peer comparison

How Codere Online Luxembourg compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Codere Online Luxembourg against its 20 peers (data as of 6 Nov 2026)
MeasureCDROPeer medianRank in peer set
1-month return-10.6%+1.7%2nd lowest of 21
6-month return-5.8%-4.1%10th lowest of 21
Distance from 52-week high-17.4%-27.0%7th highest of 21
Revenue growth (TTM)+9.4%+4.5%7th highest of 21
Operating margin2.7%6.2%9th lowest of 21
Forward P/E19.8×14.3×3rd most expensive of 7
Growth the price implies (Req g, 7 yrs)19.6%7.6%2nd most demanding of 10
Growth delivered (Del g)+24.2%+12.0%3rd highest of 10
Hurdle (Req g minus delivered)-4.6 pp-14.2 pp4th most demanding of 10
Net debt / EBITDA-11.3×0.3×2nd least indebted of 17

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Codere Online Luxembourg CDROUnited States$386M-6%+9%3%19.8×19.6%+24.2%
Borussia Dortmund GmbH & Co. KGaA BVB.DEGermany$384M+2%-12%-4%12.9×-11.4%+6.6%
PARKEN Sport & Entertainment A/S PARKEN.CODenmark$368M+40%+42%8%n/a3.0%+28.3%
Tohokushinsha Film 2329.TJapan$405M-23%+6%6%n/a-6.6%-2.0%
TVZone Media 603721.SSChina$412M-6%+6%3%n/an/an/a
Winvia Entertainment WVIA.LUnited Kingdom$417M+31%+100%10%13.7×7.6%+99.9%
Gaumont GAM.PAFrance$353M0%+42%-11%n/an/an/a
Starz Entertainment STRZUnited States$425M+25%-8%-5%n/an/an/a
Wuhan MC Culture & Sports 600136.SSChina$425M-22%-39%-4%n/a51.0%-6.4%
Haichang Ocean Park 2255.HKHong Kong$349M-52%-16%-42%n/an/an/a
Blue Ant Media BAMI.TOCanada$429M-1%+5%10%n/a12.7%-2.1%
AEON Fantasy 4343.TJapan$342M+7%+10%7%15.0×n/an/a
TWC Enterprises TWC.TOCanada$447M+4%-3%19%n/a-6.0%+12.0%
ZO Future 2309.HKHong Kong$326M+6%-64%-42%n/an/an/a
Wonderla Holidays WONDERLA.NSIndia$322M-9%+35%17%24.0×n/an/a
Olympique Lyonnais Groupe OLG.PAFrance$306M-27%-12%-159%n/an/an/a
Guangzhou Jinyi Media 002905.SZChina$515M-11%-15%-14%n/a8.1%+14.3%
Studio Dragon 253450.KSSouth Korea$515M-33%+24%9%19.9×n/an/a
Lucky Strike Entertainment LUCKUnited States$518M-54%+4%13%n/an/an/a
Tivoli A/S TIV.CODenmark$536M-3%+6%10%n/a8.8%+23.0%
Maoyan Entertainment 1896.HKHong Kong$547M-38%-7%9%12.0×n/an/a

Questions

Which companies are Codere Online Luxembourg's closest peers?
The cockpit's peer set: Borussia Dortmund GmbH & Co. KGaA (BVB.DE), PARKEN Sport & Entertainment A/S (PARKEN.CO), Tohokushinsha Film (2329.T), TVZone Media (603721.SS), Winvia Entertainment (WVIA.L), Gaumont (GAM.PA), Starz Entertainment (STRZ), Wuhan MC Culture & Sports (600136.SS).
Is Codere Online Luxembourg expensive compared with its peers?
On forward p/e it trades at 19.8× against a peer median of 14.3×, 3rd most expensive of 7 in its peer set. For today's price to make sense, revenue must grow about 20% a year for seven years (Req g). Recent delivered growth is +24%, so the hurdle is -5 pp: the price already allows for a slowdown.
How has Codere Online Luxembourg stock performed?
Over six months to 6 Nov 2026 the shares returned -5.8% against -4.1% for the median peer; over one year +42.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.