Churchill Downs Inc
NASDAQ:CHDN

Watchlist Manager
Churchill Downs Inc Logo
Churchill Downs Inc
NASDAQ:CHDN
Watchlist
Price: 132.09 USD -0.11% Market Closed
Market Cap: 9.7B USD
Have any thoughts about
Churchill Downs Inc?
Write Note
Section:
 

Relative Value

The Relative Value of one CHDN stock under the Base Case scenario is 206.67 USD. Compared to the current market price of 132.09 USD, Churchill Downs Inc is Undervalued by 36%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

CHDN Relative Value
Base Case
206.67 USD
Undervaluation 36%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

3.6
P/S
P/S
Price to Sales
3.6
vs History
92
vs Industry
17
Median 3Y
4.3
Median 5Y
4.6
Industry
1.4
Forward
3.5
More Details
23.6
P/E
P/E
Price to Earnings
23.6
vs History
55
vs Industry
19
Median 3Y
24.4
Median 5Y
24.4
Industry
20.2
Forward
21.5
More Details
13
P/OCF
P/OCF
Price to OCF
13
vs History
96
vs Industry
21
Median 3Y
15.6
Median 5Y
16.8
Industry
9.8
More Details
501.8
P/FCFE
P/FCFE
Price to FCFE
501.8
vs History
4
vs Industry
13
Median 3Y
6.5
Median 5Y
6
Industry
18.6
More Details
8.9
P/B
P/B
Price to Book Value
8.9
vs History
95
vs Industry
5
Median 3Y
12.2
Median 5Y
13.1
Industry
2.2
More Details
5.4
EV/S
EV/S
Enterprise Value to Sales
5.4
vs History
84
vs Industry
13
Median 3Y
6
Median 5Y
6.1
Industry
1.9
Forward
5.1
More Details
15.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
15.3
vs History
93
vs Industry
9
Median 3Y
18.3
Median 5Y
18.9
Industry
3.8
More Details
16.1
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
16.1
vs History
98
vs Industry
18
Median 3Y
21.5
Median 5Y
22.5
Industry
10.7
Forward
12.1
More Details
20.6
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
20.6
vs History
98
vs Industry
21
Median 3Y
27.4
Median 5Y
29.8
Industry
16.5
Forward
17.8
More Details
19.1
EV/OCF
EV/OCF
Enterprise Value to OCF
19.1
vs History
93
vs Industry
16
Median 3Y
22.1
Median 5Y
23.3
Industry
11.9
More Details
93.9
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
93.9
vs History
19
vs Industry
3
Median 3Y
43.2
Median 5Y
38.7
Industry
17.4
More Details
2.1
EV/IC
EV/IC
Enterprise Value to IC
2.1
vs History
85
vs Industry
25
Median 3Y
2.3
Median 5Y
2.6
Industry
1.3
More Details

Multiples Across Competitors

CHDN Competitors Multiples
Churchill Downs Inc Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Churchill Downs Inc
NASDAQ:CHDN
9.7B USD 3.6 23.6 16.1 20.6
IE
Flutter Entertainment PLC
LSE:FLTR
37B GBP 2 -32 42.7 60.3
US
Las Vegas Sands Corp
NYSE:LVS
37.5B USD 3.3 24.9 11.4 17.3
AU
Aristocrat Leisure Ltd
ASX:ALL
43.3B AUD 6.6 33.2 23 23
MO
Sands China Ltd
HKEX:1928
174B HKD 3.1 21.2 12.8 19.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
147.8B HKD 3.6 17.8 17.5 17.5
US
DraftKings Inc
NASDAQ:DKNG
18.7B USD 4.1 -44.8 -82.7 -38.6
SE
Evolution AB (publ)
STO:EVO
171.3B SEK 7.2 13 9.9 11
ZA
Sun International Ltd
JSE:SUI
10.9B Zac 0 0 0 0
ZA
Tsogo Sun Gaming Ltd
JSE:TSG
10.6B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
10.2B USD 0.6 11.3 5.4 7.9
P/E Multiple
Earnings Growth P/E to Growth
US
Churchill Downs Inc
NASDAQ:CHDN
Average P/E: 20.7
23.6
47%
0.5
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -32 N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
24.9
87%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
33.2
59%
0.6
MO
Sands China Ltd
HKEX:1928
21.2
152%
0.1
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.8
88%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -44.8 N/A N/A
SE
Evolution AB (publ)
STO:EVO
13
41%
0.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
38%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
11.3
-27%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Churchill Downs Inc
NASDAQ:CHDN
Average EV/EBITDA: 17.3
16.1
76%
0.2
IE
Flutter Entertainment PLC
LSE:FLTR
42.7
176%
0.2
US
Las Vegas Sands Corp
NYSE:LVS
11.4
45%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
59%
0.4
MO
Sands China Ltd
HKEX:1928
12.8
50%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
78%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -82.7 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9.9
51%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
23%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
5.4
106%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Churchill Downs Inc
NASDAQ:CHDN
Average EV/EBIT: 22.2
20.6
63%
0.3
IE
Flutter Entertainment PLC
LSE:FLTR
60.3
1 731%
0
US
Las Vegas Sands Corp
NYSE:LVS
17.3
53%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
35%
0.6
MO
Sands China Ltd
HKEX:1928
19.8
73%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
95%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -38.6 N/A N/A
SE
Evolution AB (publ)
STO:EVO
11
53%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
24%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
7.9
13%
0.6

See Also

Summary
CHDN intrinsic value, competitors valuation, and company profile.
DCF Valuation
CHDN stock valuation using Discount Cash Flow valuation method.
Relative Valuation
CHDN stock valuation using valuation multiples.
Wall Street Estimates
CHDN price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
CHDN stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
Back to Top
ALPHA SPREAD
Follow us
Join more than 210,600+ value investors using Alpha Spread
Create a free account
or see our plans & pricing

Company

About Us Careers Pricing Affiliate Program Terms of Service Privacy Policy

Help

What is Intrinsic Value? Help Center Contact Us

Tools

Stock Screener Intrinsic Value Calculator DCF Value Calculator Discount Rate Calculator

Stocks

Most Undervalued Stocks Wide Economic Moat Stocks High Profitability Stocks High Solvency Stocks Most Popular Stocks

© 2024 Alpha Spread Limited. All Rights Reserved.

www.alphaspread.com is not operated by a broker, a dealer, or a registered investment adviser. Under no circumstances does any information posted on www.alphaspread.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. In no event shall Alpha Spread Limited be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on www.alphaspread.com, or relating to the use of, or inability to use, www.alphaspread.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance.