CHDN:NSD-Churchill Downs Incorporated (USD)

COMMON STOCK | Gambling | NSD

Last Closing Price

USD 180.08

Change

-2.80 (-1.53)%

Market Cap

USD 7.22B

Volume

0.15M

Average Target Price

USD 185.33 (+2.92%)
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict

About

Churchill Downs Incorporated operates as a racing, online wagering, and gaming entertainment company in the United States. It operates through three segments: Churchill Downs, Online Wagering, and Gaming. The company owns and operates Derby City Gaming, a historical racing machine in Louisville, Kentucky; online horse racing wagering platform, TwinSpires.com; and offers sports betting and iGaming through BetAmerica platform. It also operates 5 racetracks, including Churchill Downs Racetrack in Louisville, Kentucky; Arlington International Race Course in Arlington Heights with 12 off-track betting (OTB) facilities in Illinois; Fair Grounds Race Course in New Orleans along with 14 OTBs in Louisiana; and Calder Race Course in Miami Gardens, Florida. In addition, the company operates 8 casinos, which provides brick-and-mortar casino gaming services with approximately 11,000 slot machines and video lottery terminals and 200 table games; and operates hotels. Further, it offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides the Bloodstock Research Information Services platform for horse racing statistical data. Additionally, the company manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses; and provides totalizator services. Churchill Downs Incorporated was founded in 1928 and is headquartered in Louisville, Kentucky.

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2020-12-02 )

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ETFs Containing CHDN

Symbol Name Weight Mer Price(Change) Market Cap
HDG ProShares Hedge Replicati.. 0.00 % 0.95 %

N/A

USD0.03B
IWM iShares Russell 2000 ETF 0.00 % 0.19 %

+0.19 (+0.10%)

USD40.71B
IWO iShares Russell 2000 Grow.. 0.00 % 0.24 %

-0.88 (-0.33%)

USD9.13B
URTY ProShares UltraPro Russel.. 0.00 % 0.95 %

+0.18 (+0.28%)

USD0.19B
UWM ProShares Ultra Russell20.. 0.00 % 0.95 %

+0.27 (+0.35%)

USD0.13B
XSU:CA iShares U.S. Small Cap In.. 0.00 % 0.35 %

+0.02 (+0.05%)

USD0.26B
R2SC:LSE SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

+0.10 (+0.26%)

USD0.69B
XRSG:LSE Xtrackers Russell 2000 UC.. 0.00 % 0.30 %

+69.00 (+0.36%)

USD0.95B
R2US:PA SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

-0.24 (-0.56%)

USD0.72B
XRS2:F Xtrackers Russell 2000 UC.. 0.00 % 0.30 %

-1.35 (-0.63%)

USD0.93B
ZPRR:F SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

-0.08 (-0.19%)

USD0.72B
XRS2:XETRA Xtrackers Russell 2000 UC.. 0.00 % 0.30 %

-1.30 (-0.60%)

USD0.93B
ZPRR:XETRA SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

-0.26 (-0.60%)

USD0.72B

Market Performance

  Market Performance vs.
Industry/Classification (Gambling)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 31.25% 60% D- 73% C
Dividend Return N/A N/A N/A N/A N/A
Total Return 31.25% 60% D- 73% C
Trailing 12 Months  
Capital Gain 38.68% 80% B- 74% C
Dividend Return 0.45% 50% F 8% F
Total Return 39.13% 80% B- 74% C
Trailing 5 Years  
Capital Gain 273.43% 50% F 90% A-
Dividend Return 4.29% 50% F 10% F
Total Return 277.72% 50% F 90% A-
Average Annual (5 Year Horizon)  
Capital Gain 31.58% N/A N/A 86% B
Dividend Return 0.77% N/A N/A 18% F
Total Return 32.35% N/A N/A 86% B
Risk Return Profile  
Volatility (Standard Deviation) 23.96% N/A N/A 61% D-
Risk Adjusted Return 135.04% N/A N/A 97% A+
Market Capitalization 7.22B 100% A+ 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Gambling)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 4,685.00 25% F 0% N/A
Price/Book Ratio 19.61 25% F 6% F
Price / Cash Flow Ratio 24.92 20% F 15% F
EV/EBITDA 48.87 50% F 17% F
Management Effectiveness  
Return on Equity 0.24% 67% D+ 54% F
Return on Invested Capital 12.37% 100% A+ 83% B
Return on Assets 1.28% 80% B- 63% D
Debt to Equity Ratio 213.63% 33% F 9% F
Technical Ratios  
Short Ratio 3.48 20% F 46% F
Short Percent 2.43% 60% D- 56% F
Beta 1.32 60% D- 37% F
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

Superior Earnings Growth

This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.

What to not like:
Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Higly leveraged

The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.