Churchill Downs Inc
NASDAQ:CHDN

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Churchill Downs Inc
NASDAQ:CHDN
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Price: 102.51 USD 0.1% Market Closed
Market Cap: 7.5B USD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one CHDN stock under the Base Case scenario is 194.29 USD. Compared to the current market price of 102.51 USD, Churchill Downs Inc is Undervalued by 47%.

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
194.29 USD
Undervaluation 47%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

2.8
P/S
P/S
Price to Sales
2.8
vs History
96
vs Industry
22
Median 3Y
4
Median 5Y
4.6
Industry
1.3
Forward
2.5
More Details
17.8
P/E
P/E
Price to Earnings
17.8
vs History
68
vs Industry
32
Median 3Y
23.2
Median 5Y
23.2
Industry
18.3
Forward
15.4
More Details
9.8
P/OCF
P/OCF
Price to OCF
9.8
vs History
98
vs Industry
34
Median 3Y
15
Median 5Y
16.6
Industry
9
More Details
151.2
P/FCFE
P/FCFE
Price to FCFE
151.2
vs History
15
vs Industry
4
Median 3Y
7.4
Median 5Y
6
Industry
17.2
More Details
7
P/B
P/B
Price to Book Value
7
vs History
98
vs Industry
9
Median 3Y
11.1
Median 5Y
13
Industry
2
More Details
4.5
EV/S
EV/S
Enterprise Value to Sales
4.5
vs History
95
vs Industry
18
Median 3Y
5.7
Median 5Y
6
Industry
1.8
Forward
4.1
More Details
12.8
EV/GP
EV/GP
Enterprise Value to Gross Profit
12.8
vs History
95
vs Industry
12
Median 3Y
18
Median 5Y
18.8
Industry
3.6
More Details
13.6
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.6
vs History
98
vs Industry
26
Median 3Y
19.2
Median 5Y
22.3
Industry
10.4
Forward
9.8
More Details
17.4
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
17.4
vs History
98
vs Industry
31
Median 3Y
24.7
Median 5Y
29.4
Industry
16
Forward
14
More Details
15.8
EV/OCF
EV/OCF
Enterprise Value to OCF
15.8
vs History
98
vs Industry
25
Median 3Y
21.9
Median 5Y
22.9
Industry
11.2
More Details
54.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
54.1
vs History
42
vs Industry
10
Median 3Y
54
Median 5Y
42.9
Industry
16.6
More Details
1.8
EV/IC
EV/IC
Enterprise Value to IC
1.8
vs History
98
vs Industry
29
Median 3Y
2.2
Median 5Y
2.4
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
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Churchill Downs Inc
NASDAQ:CHDN
7.5B USD 2.8 17.8 13.6 17.4
IE
Flutter Entertainment PLC
LSE:FLTR
31B GBP 2.2 719.9 17.3 39.2
AU
Aristocrat Leisure Ltd
ASX:ALL
39.4B AUD 6 30.4 21 21
US
Las Vegas Sands Corp
NYSE:LVS
23.3B USD 2.1 16.1 8 12.4
US
DraftKings Inc
NASDAQ:DKNG
17.1B USD 3.6 -33.7 -54.7 -29.3
SE
Evolution AB (publ)
STO:EVO
163.2B SEK 6.7 11.8 9 9.9
HK
Galaxy Entertainment Group Ltd
HKEX:27
122.3B HKD 2.8 14 11.5 11.5
MO
Sands China Ltd
HKEX:1928
109.7B HKD 2 13.5 8.7 13.5
ZA
Sun International Ltd
JSE:SUI
9.4B Zac 0 0 0 0
US
PENN Entertainment Inc
SWB:PN1
6.9B EUR 1.2 -25.1 23.3 80.3
US
MGM Resorts International
NYSE:MGM
8.6B USD 0.5 11.6 5.1 7.7
P/E Multiple
Earnings Growth PEG
US
Churchill Downs Inc
NASDAQ:CHDN
Average P/E: 104.4
17.8
14%
1.3
IE
Flutter Entertainment PLC
LSE:FLTR
719.9
278%
2.6
AU
Aristocrat Leisure Ltd
ASX:ALL
30.4
17%
1.8
US
Las Vegas Sands Corp
NYSE:LVS
16.1
18%
0.9
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -33.7 N/A N/A
SE
Evolution AB (publ)
STO:EVO
11.8
10%
1.2
HK
Galaxy Entertainment Group Ltd
HKEX:27
14
15%
0.9
MO
Sands China Ltd
HKEX:1928
13.5
21%
0.6
ZA
S
Sun International Ltd
JSE:SUI
Not Available N/A N/A
US
P
PENN Entertainment Inc
SWB:PN1
Negative Multiple: -25.1 N/A N/A
US
MGM Resorts International
NYSE:MGM
11.6
8%
1.5
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Churchill Downs Inc
NASDAQ:CHDN
Average EV/EBITDA: 13.1
13.6
17%
0.8
IE
Flutter Entertainment PLC
LSE:FLTR
17.3
38%
0.5
AU
Aristocrat Leisure Ltd
ASX:ALL
21
17%
1.2
US
Las Vegas Sands Corp
NYSE:LVS
8
12%
0.7
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -54.7 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9
8%
1.1
HK
Galaxy Entertainment Group Ltd
HKEX:27
11.5
24%
0.5
MO
Sands China Ltd
HKEX:1928
8.7
14%
0.6
ZA
S
Sun International Ltd
JSE:SUI
Not Available
5%
N/A
US
P
PENN Entertainment Inc
SWB:PN1
23.3
52%
0.4
US
MGM Resorts International
NYSE:MGM
5.1
23%
0.2

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
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