Churchill Downs Inc
NASDAQ:CHDN
Intrinsic Value
Churchill Downs, Inc. operates as a provider of pari-mutuel horse racing, online account wagering on horse racing and casino gaming. [ Read More ]
The intrinsic value of one CHDN stock under the Base Case scenario is 159.4 USD. Compared to the current market price of 119.33 USD, Churchill Downs Inc is Undervalued by 25%.
Valuation Backtest
Churchill Downs Inc
Run backtest to discover the historical profit from buying and selling CHDN stocks based on their intrinsic value.
Analyze the historical link between intrinsic value and market price to make more informed investment decisions.
Fundamental Analysis
Balance Sheet Decomposition
Churchill Downs Inc
Current Assets | 400.8m |
Cash & Short-Term Investments | 144.5m |
Receivables | 119.5m |
Other Current Assets | 136.8m |
Non-Current Assets | 6.6B |
Long-Term Investments | 655.9m |
PP&E | 2.6B |
Intangibles | 3.3B |
Other Non-Current Assets | 19.3m |
Current Liabilities | 755.8m |
Accounts Payable | 158.5m |
Accrued Liabilities | 263.2m |
Other Current Liabilities | 334.1m |
Non-Current Liabilities | 5.3B |
Long-Term Debt | 4.8B |
Other Non-Current Liabilities | 537.8m |
Earnings Waterfall
Churchill Downs Inc
Revenue
|
2.5B
USD
|
Cost of Revenue
|
-1.7B
USD
|
Gross Profit
|
811.3m
USD
|
Operating Expenses
|
-217.9m
USD
|
Operating Income
|
593.4m
USD
|
Other Expenses
|
-176.1m
USD
|
Net Income
|
417.3m
USD
|
Free Cash Flow Analysis
Churchill Downs Inc
What is Free Cash Flow?
CHDN Profitability Score
Profitability Due Diligence
Churchill Downs Inc's profitability score is 69/100. The higher the profitability score, the more profitable the company is.
Score
Churchill Downs Inc's profitability score is 69/100. The higher the profitability score, the more profitable the company is.
CHDN Solvency Score
Solvency Due Diligence
Churchill Downs Inc's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Score
Churchill Downs Inc's solvency score is 20/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
CHDN Price Targets Summary
Churchill Downs Inc
According to Wall Street analysts, the average 1-year price target for CHDN is 146.51 USD with a low forecast of 136.35 USD and a high forecast of 159.6 USD.
Ownership
CHDN Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
---|---|---|---|
3 Months |
|
|
|
6 Months |
|
|
|
9 Months |
|
|
|
12 Months |
|
|
|
Shareholder Return
CHDN Price
Churchill Downs Inc
Average Annual Return | 26.31% |
Standard Deviation of Annual Returns | 26.79% |
Max Drawdown | -63% |
Market Capitalization | 8.9B USD |
Shares Outstanding | 73 690 000 |
Percentage of Shares Shorted | 2.7% |
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
Churchill Downs, Inc. operates as a provider of pari-mutuel horse racing, online account wagering on horse racing and casino gaming. The company is headquartered in Louisville, Kentucky and currently employs 5,000 full-time employees. The firm owns and operates three pari-mutuel gaming entertainment venues. The company also owns and operates TwinSpires, which is a wagering platform for horse racing, sports and iGaming in the United States. The company is also an engaged in brick-and-mortar casino gaming in eight states with approximately 11,000 slot machines and video lottery terminals (VLTs) and 200 table games. The company has three segments. The Live and Historical Racing segment includes live and historical pari-mutuel racing at Churchill Downs Racetrack, Derby City Gaming, Oak Grove, Turfway Park, and Newport. The TwinSpires segment includes online horse racing and the online and retail sports betting and iGaming wagering business. The Gaming segment is engaged in the casino properties and associated racetrack or jai alai facilities, which support the casino license as applicable.
Contact
IPO
Employees
Officers
The intrinsic value of one CHDN stock under the Base Case scenario is 159.4 USD.
Compared to the current market price of 119.33 USD, Churchill Downs Inc is Undervalued by 25%.