DraftKings Inc
NASDAQ:DKNG
Intrinsic Value
DraftKings, Inc. operates as a digital sports entertainment and gaming company. [ Read More ]
The intrinsic value of one DKNG stock under the Base Case scenario is 23.76 USD. Compared to the current market price of 40.62 USD, DraftKings Inc is Overvalued by 41%.
Valuation Backtest
DraftKings Inc
Run backtest to discover the historical profit from buying and selling DKNG 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
DraftKings Inc
Current Assets | 2.1B |
Cash & Short-Term Investments | 1.6B |
Receivables | 349.3m |
Other Current Assets | 110.3m |
Non-Current Assets | 1.9B |
Long-Term Investments | 10.3m |
PP&E | 154.7m |
Intangibles | 1.6B |
Other Non-Current Assets | 131.5m |
Current Liabilities | 1.5B |
Accounts Payable | 639.6m |
Accrued Liabilities | 11.5m |
Other Current Liabilities | 898.5m |
Non-Current Liabilities | 1.6B |
Long-Term Debt | 1.3B |
Other Non-Current Liabilities | 301.2m |
Earnings Waterfall
DraftKings Inc
Revenue
|
3.7B
USD
|
Cost of Revenue
|
-2.3B
USD
|
Gross Profit
|
1.4B
USD
|
Operating Expenses
|
-2.2B
USD
|
Operating Income
|
-786.2m
USD
|
Other Expenses
|
-16m
USD
|
Net Income
|
-802.1m
USD
|
Free Cash Flow Analysis
DraftKings Inc
DKNG Profitability Score
Profitability Due Diligence
DraftKings Inc's profitability score is 33/100. The higher the profitability score, the more profitable the company is.
Score
DraftKings Inc's profitability score is 33/100. The higher the profitability score, the more profitable the company is.
DKNG Solvency Score
Solvency Due Diligence
DraftKings Inc's solvency score is 47/100. The higher the solvency score, the more solvent the company is.
Score
DraftKings Inc's solvency score is 47/100. The higher the solvency score, the more solvent the company is.
Wall St
Price Targets
DKNG Price Targets Summary
DraftKings Inc
According to Wall Street analysts, the average 1-year price target for DKNG is 50.78 USD with a low forecast of 28.28 USD and a high forecast of 63 USD.
Ownership
DKNG Insider Trading
Buy and sell transactions by insiders
Period | Sold | Bought | Net |
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3 Months |
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6 Months |
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9 Months |
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12 Months |
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Shareholder Return
DKNG Price
DraftKings Inc
Average Annual Return | 57.68% |
Standard Deviation of Annual Returns | 177.27% |
Max Drawdown | -86% |
Market Capitalization | 19.3B USD |
Shares Outstanding | 475 680 000 |
Percentage of Shares Shorted | 4.4% |
DKNG News
Last Important Events
DraftKings Inc
Significant happenings or occurrences that are of interest to investors. These could be company-specific developments or market-wide shifts.
Sentiment Analysis
DraftKings Inc
Company Profile
Country
Industry
Market Cap
Dividend Yield
Description
DraftKings, Inc. operates as a digital sports entertainment and gaming company. The company is headquartered in Boston, Massachusetts and currently employs 3,400 full-time employees. The company went IPO on 2019-07-03. The firm operates through two business segments, Business-to-consumer (B2C) and Business-to-business (B2B). The Company’s B2C segment provides users with daily fantasy sports (DFS), sports betting (Sportsbook) and online casino (iGaming) products. The company also offers users a single integrated product that provides one account, one wallet, a centralized payment system and responsible gaming controls. The firm operates its B2C segment primarily in the United States. The Company’s B2B segment is involved in the design, development and licensing of sports betting and casino gaming software for its Sportsbook and casino gaming products. The operations of its B2B segment are concentrated mainly in Europe, Asia, and United States.
Contact
IPO
Employees
Officers
The intrinsic value of one DKNG stock under the Base Case scenario is 23.76 USD.
Compared to the current market price of 40.62 USD, DraftKings Inc is Overvalued by 41%.