Codere Online US (CDRO)

Consumer Cyclical · Gambling
$9.52 +0.42% on the day Market cap $435M 52-week range $5.18 to $10.26 Prices as of Oct 11, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Codere Online US's free cash flow isn't comparable to its market value here, so a cash-flow reverse DCF doesn't give a meaningful answer. The Modeling tab works from revenue and margins instead.

Fundamental grade

C

Five factors scored 1 to 9 from CDRO's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation4
Profitability6
Growth7
Financial health2

Results from SEC filings

Fiscal years, from Codere Online US's 10-K filings. Ten years of the full income statement, balance sheet and cash flow.

Fiscal year20202021202220232024
Revenue$70M$80M$116M$162M$201M
Net income-$16M-$68M-$46M-$2M$4M
Free cash flow—————
EPS (diluted)-$3.65-$10.18-$1.03-$0.05$0.08
Operating margin-20.2%-88.5%-48.3%-9.1%2.2%

Where the revenue comes from

Revenue by segments, fiscal 2025. Every breakdown, year by year.

Mexico$107M40%
Spain$91M33%
Supporting$61M22%
Other Operations$13M5%

Superinvestors who own CDRO

From each investor's latest 13F filing (what a 13F shows). 1 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Ron Baron
Baron Capital (BAMCO)
Held $34M0.05%Q2 2026

Insider buying

Open-market purchases by Codere Online US's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of CDRO in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

Are Codere Online US insiders buying the stock?

No open-market insider purchases of CDRO in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Codere Online US?

1 of the superinvestors Investingly tracks hold CDRO in their latest 13F, including Ron Baron.

Prices and ratios as of Oct 11, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.