This report analyzes the financial performance of three major gambling companies in the UK: William Hill, Ladbrokes, and Paddy Power. Using financial ratios, the report compares their profitability, liquidity, and operational efficiency over a three-year period. The analysis identifies Paddy Power as the best-performing company, highlighting its strong profitability, liquidity, and asset utilization. Ladbrokes, on the other hand, is identified as the poorest performer, with weaknesses in profitability, liquidity, and operational efficiency. The report also explores the key stages involved in capital investment decision-making and examines various investment appraisal methods, including Net Present Value (NPV), Discounted Cash Flow (DCF), and Payback Period. The report concludes by providing recommendations for Ladbrokes to improve its financial performance.