CHDN:NSD-Churchill Downs Incorporated (USD)

COMMON STOCK | Gambling | NSD

Last Closing Price

USD 206.56

Change

-0.80 (-0.39)%

Market Cap

USD 7.99B

Volume

0.13M

Average Target Price

USD 241.33 (+16.83%)
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. As of March 18, 2021, the company owned and operated three pari-mutuel gaming entertainment venues with approximately 3,050 historical racing machines (HRMs) in Kentucky; TwinSpires, an online wagering platform for horse racing, sports, and iGaming; seven retail sportsbooks; and casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals, and 200 table games. It also 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. In addition, the company manufactures and operates pari-mutuel wagering systems for racetracks, off-track betting facilities, and other pari-mutuel wagering businesses; and provides totalizator services. Churchill Downs Incorporated was incorporated 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: 2021-05-05 )

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ETFs Containing CHDN

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

-0.05 (-0.09%)

USD0.04B
IWO iShares Russell 2000 Grow.. 0.00 % 0.24 %

-2.63 (-0.88%)

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URTY ProShares UltraPro Russel.. 0.00 % 0.95 %

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UWM ProShares Ultra Russell20.. 0.00 % 0.95 %

-0.93 (-0.82%)

USD0.71B
VRTGX Vanguard Russell 2000 Gro.. 0.00 % 0.08 %

N/A

USD1.49B
R2SC:LSE SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

+0.24 (+0.52%)

USD0.69B
XRSG:LSE Xtrackers (IE) Plc - Xtra.. 0.00 % 0.30 %

+113.50 (+0.50%)

USD1.79B
ZPRR:F SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

+0.36 (+0.70%)

USD1.84B
ZPRR:XETRA SPDR Russell 2000 US Smal.. 0.00 % 0.30 %

+0.56 (+1.08%)

USD2.05B

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 6.04% 50% F 49% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 6.04% 50% F 49% F
Trailing 12 Months  
Capital Gain 112.84% 40% F 77% C+
Dividend Return 0.64% 100% A+ 7% F
Total Return 113.48% 40% F 77% C+
Trailing 5 Years  
Capital Gain 379.59% 50% F 89% B+
Dividend Return 6.25% 50% F 16% F
Total Return 385.84% 50% F 89% B+
Average Annual (5 Year Horizon)  
Capital Gain 41.23% 60% D- 83% B
Dividend Return 0.71% 50% F 17% F
Total Return 41.94% 60% D- 83% B
Risk Return Profile  
Volatility (Standard Deviation) 32.86% 60% D- 53% F
Risk Adjusted Return 127.63% 100% A+ 97% A+
Market Capitalization 7.99B 88% B+ 89% B+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-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 17% F 0% N/A
Price/Book Ratio 39.77 17% F 3% F
Price / Cash Flow Ratio 56.29 13% F 9% F
EV/EBITDA 35.81 75% C 28% F
Management Effectiveness  
Return on Equity 22.58% 86% B 91% A-
Return on Invested Capital 5.50% 100% A+ 68% D+
Return on Assets 2.49% 88% B+ 71% C-
Debt to Equity Ratio 296.32% 25% F 5% F
Technical Ratios  
Short Ratio 4.06 25% F 33% F
Short Percent 3.41% 71% C- 51% F
Beta 1.39 67% D+ 35% 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 risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on equity

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

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.

Underpriced on free cash flow basis

The stock is trading low compared to its peers on a price to free cash flow basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Superior Dividend Growth

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

What to not like:
Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

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.

Highly 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.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector