FLUT
Flutter Entertainment plc
FLUT has slightly lower modeled downside risk, despite its lower overall score.
NIO
NIO Inc.
NIO has the edge over FLUT overall, supported by stronger fundamentals.
FLUT Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Stable | |
| Weak |
FLUT's revenue and cash flow are currently stable, but its profitability and balance sheet are under pressure.
NIO Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Stable | |
| Stable | |
| Unavailable |
NIO's revenue is currently strong, and its profitability and cash flow are stable. There isn't enough data to rate its balance sheet.
FLUT PE Valuation
FLUT has no meaningful PE right now: it lost money over the past year.
NIO PE Valuation
NIO has no meaningful PE right now: it lost money over the past year.
FLUT Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
Analysts expect earnings and revenue growth for FLUT, with profitability improving. However, they disagree widely on these estimates.
NIO Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect NIO's losses to shrink, with revenue growing.
FLUT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $5.80 | — |
| Q3 2026 | -$5.24 | -$3.96 |
| Q2 2026 | -$4.25 | -307% |
| Q1 2026 | -$2.09 | -172% |
| Q4 2025 | -$1.75 | -829% |
FLUT lost $5.24 per share over the past year, and its loss has widened in each of the last six quarters.
NIO Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | -$0.29 | +$1.45 |
| Q1 2026 | -$0.60 | +$1.16 |
| Q4 2025 | -$1.06 | +$0.60 |
| Q3 2025 | -$1.59 | +$0.02 |
| Q2 2025 | -$1.74 | -$0.10 |
| Q1 2025 | -$1.76 | +$0.06 |
| Q4 2024 | -$1.66 | +$0.21 |
| Q3 2024 | -$1.61 | +$0.32 |
NIO has the edge over FLUT on earnings, with more consistent year-over-year improvement.
FLUT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $3.9B | +2.1% |
| Q2 2026 | $4.3B | +3.3% |
| Q1 2026 | $4.3B | +17% |
| Q4 2025 | $4.7B | +25% |
| Q3 2025 | $3.8B | +17% |
| Q2 2025 | $4.2B | +16% |
| Q1 2025 | $3.7B | +7.9% |
FLUT's revenue has grown year over year every quarter since early 2025: $3.9B last quarter, up 2.1% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -31% | -8.8 points |
| Q2 2026 | -3.3% | -13 points |
| Q1 2026 | 1.8% | -4.2 points |
| Q4 2025 | 5.5% | -1.9 points |
| Q3 2025 | -22% | -25 points |
| Q2 2025 | 9.3% | -0.9 points |
| Q1 2025 | 6.1% | +2.4 points |
| Q4 2024 | 7.4% | N/A |
FLUT's operating margin was −31% last quarter, down 8.8 points from the same quarter a year ago, near the bottom of its range since 2024.
NIO Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $4.8B | +69% |
| Q1 2026 | $3.8B | +112% |
| Q4 2025 | $5.2B | +76% |
| Q3 2025 | $3.3B | +17% |
| Q2 2025 | $2.9B | +9% |
| Q1 2025 | $1.8B | +21% |
| Q4 2024 | $3B | +15% |
| Q3 2024 | $2.8B | -2.1% |
NIO has the edge over FLUT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | -2.1% | +24 points |
| Q1 2026 | -1.2% | +52 points |
| Q4 2025 | 2.3% | +33 points |
| Q3 2025 | -16% | +12 points |
| Q2 2025 | -26% | +4 points |
| Q1 2025 | -53% | +1.1 points |
| Q4 2024 | -31% | +8.1 points |
| Q3 2024 | -28% | -2.6 points |
NIO has the edge over FLUT on profitability, with a higher operating margin.
FLUT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $191M | -2.6% |
| Q2 2026 | $349M | +8.4% |
| Q1 2026 | $305M | +80% |
| Q4 2025 | $392M | -34% |
| Q3 2025 | $196M | -23% |
| Q2 2025 | $322M | +9.2% |
| Q1 2025 | $169M | -46% |
FLUT's free cash flow has been positive every quarter since early 2024: $1.2B over the past year, down 3.5% from the year before.
NIO Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $0 | +$2.1B |
| Q1 2026 | $0 | $0 |
| Q4 2025 | $0 | +$391.3M |
| Q3 2025 | $0 | $0 |
| Q2 2025 | -$2.1B | +$73.9M |
| Q1 2025 | $0 | $0 |
| Q4 2024 | -$391.3M | -386% |
| Q2 2024 | -$2.2B | +$337.9M |
NIO's free cash flow was $0 over the past year, against −$2.5B the year before.
FLUT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +1M shares |
| 1 year | 0% | -- |
FLUT has the edge over NIO on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $129M |
| Q1 2026 | $135M |
| Q4 2025 | $279M |
| Q3 2025 | $261M |
| Q2 2025 | $339M |
| Q1 2025 | $244M |
| Q4 2024 | $219M |
FLUT spent $543M buying back its own shares over the past year, down 49% from the year before.
NIO Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.6% | +15.6M shares |
| 1 year | +12% | +267M shares |
| 3 years | +51% | +844M shares |
| 5 years | +60% | +933M shares |
| Available history | +143% | +1.5B shares |
NIO has 2.5B diluted shares, up 12% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
NIO hasn't bought back shares in the past year.
FLUT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 16.1x | High |
| Q2 2026 | 10.1x | High |
| Q1 2026 | 6.8x | High |
| Q4 2025 | 6.7x | High |
| Q3 2025 | 7.4x | High |
| Q2 2025 | 3.8x | Elevated |
| Q1 2025 | 2.6x | Moderate |
| Q4 2024 | 2.7x | Moderate |
FLUT's net debt is about 16 years of its operating earnings (EBITDA), up from 7.4 years a year ago.
NIO Net Leverage
NIO's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
FLUT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 36.2 | Neutral |
| Stochastic | 27.1 | Neutral |
FLUT's weekly RSI is 36 (neutral) and its Stochastic is 27 (neutral).
NIO Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 30.7 | Neutral |
| Stochastic | 6.9 | Oversold |
NIO's weekly RSI is 31 (neutral) and its Stochastic is 7 (oversold).
FLUT PE vs Consumer Cyclical Sector
| Metric | FLUT | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
FLUT has no meaningful PE right now: it lost money over the past year.
NIO PE vs Consumer Cyclical Sector
NIO has no meaningful PE right now: it lost money over the past year.
FLUT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $80.0 | 2.5% above |
| 20 week MA | $93.0 | 12% below |
| 50 week MA | $119.4 | 31% below |
| 100 week MA | $189.2 | 57% below |
| 200 week MA | $191.9 | 57% below |
FLUT has the edge over NIO on trend strength, trading above more of its moving averages.
NIO Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.36 | 9.2% below |
| 20 week MA | $4.01 | 24% below |
| 50 week MA | $4.81 | 37% below |
| 100 week MA | $4.85 | 37% below |
| 200 week MA | $6.03 | 49% below |
NIO is in a downtrend: it's below all five of its weekly moving averages, and 49% below its 200-week average.
FLUT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $115.0 | $202.5 | +76% |
| 2021 | $202.5 | $152.5 | -25% |
| 2022 | $152.5 | $139.5 | -8.5% |
| 2023 | $139.5 | $179.0 | +28% |
| 2024 | $179.0 | $261.8 | +46% |
| 2025 | $261.8 | $220.7 | -16% |
| 2026 YTD | $220.7 | $82.0 | -63% |
FLUT has finished lower in three of the last six years. It's down 63% so far in 2026.
NIO Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $2.42 | $45.8 | +1791% |
| 2021 | $45.8 | $30.5 | -33% |
| 2022 | $30.5 | $11.0 | -64% |
| 2023 | $11.0 | $9.07 | -17% |
| 2024 | $9.07 | $4.48 | -51% |
| 2025 | $4.48 | $5.10 | +14% |
| 2026 YTD | $5.10 | $3.05 | -40% |
NIO has the edge over FLUT on returns for 2026, with the stronger performance.