Churchill Downs Inc
NASDAQ:CHDN
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Churchill Downs Inc
NASDAQ:CHDN
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Intrinsic Value
The intrinsic value of Churchill Downs Inc (CHDN) under the Base Case is 91.54 USD per share.
Compared with the current market price of 83.16 USD, the stock appears
Undervalued by 9% .
The intrinsic value is calculated using the DCF method.
Do our valuations actually work? See backtest results .
Cheap or expensive for this stock?
This block shows whether today’s valuation is cheap or expensive compared with the stock’s own history, and what happened after similar valuations in the past.
We compare the gap between the stock’s price and our estimated value over time.
- Undervalued can still be historically expensive. The stock may trade below our estimated value, but usually offer an even bigger discount.
- Overvalued can still be historically cheap. The stock may trade above our estimated value, but usually carry an even higher premium.
Market expectations can differ from our model, which may not fully capture everything affecting the price. That is why some stocks regularly trade above our estimated value and others below it.
The scale and chart show how today’s valuation compares with the past. The cards summarize past returns and waiting times until the stock stopped being cheap or expensive. This can happen because the price changed, our estimated value changed, or both.
Only completed periods are included. These are past results, not forecasts. The usual historical range does not necessarily mean fair value.
Fundamental Analysis
What Churchill Downs Does
Churchill Downs Inc. runs horse racing venues, casinos, and online betting services. Its best-known property is Churchill Downs Racetrack in Kentucky, home of the Kentucky Derby. The company also owns and operates gaming properties in several states and offers digital wagering through its TwinSpires brand. It makes money from admission, wagering takeout, gaming revenue, hotel and entertainment spending, and online betting activity.
- Headquarters
- United States of America US
- Employees
- 6 600
- IPO date
- Mar 29, 1993
Churchill Downs has no economic moat
Churchill Downs Inc lacks an economic moat, leaving it vulnerable to competitive pressures and market challenges.
Read the full moat analysisLatest Earnings Call
- EPS
- $3.45
- Expected
- $3.51
- Surprise
- −1.7%
- Stock, day of the call
- −6.6%
Revenue & Expenses Breakdown
Churchill Downs Inc
Earnings Waterfall
Churchill Downs Inc
The intrinsic value for Churchill Downs Inc (CHDN) under the Base Case is 91.54 USD.
Compared with the current market price of 83.16 USD, the stock appears Undervalued by 9% .