Churchill Downs, Incorporated

Churchill Downs Incorporated operates as a racing, online wagering, and gaming company. It has three segments: Live and Historical Racing, TwinSpires, and Gaming. The company operates venues for pari-mutuel gaming, online wagering platforms, retail sports books, casinos, and a casino resort. It also offers horse race streaming video and statistical data. Additionally, the company manufactures and operates wagering systems for racetracks and off-track betting facilities. Founded in 1875, it is headquartered in Louisville, Kentucky.

Overview

Sector

Gambling

Target Price

214.3 USD

Current Price

105.8 USD

Potential

-87%

Strengths

Current Price to Earnings Ratio (18.39) is lower than the sector mean (31.75).
Strong EBITDA Margin of 38.75%.

Weaknesses

With a depreciation Potential of -86.92%, based on our fundamental analysis, it suggests the stock may be overvalued.
Price to book ratio (7.24) is significantly higher than the sector mean (4.86).
The company has high debt. Net Debt to EBITDA Ratio (4.47) is higher than the sector mean.
The company have lower returns than the sector in which it operates. ROIC (12.90%) is significantly lower than the sector mean (20.10%).

Key Financial Data

Indicator	Value
PER	24.8
EV/EBITDA	16.5
Price/Free Cash Flow'	22.5
ROIC	33.0%
Net Debt/EBITDA	2.0