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Churchill Downs, Incorporated (CHDN)

NEUTRAL
Consumer CyclicalGamblingUnited States

Fondamentale

68

Prezzo

$89.03

Capitalizzazione

$6.53B

Parte 1 · Quanto vale l'azienda

Panoramica

Churchill Downs Incorporated operates live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States. It operates through three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming. The Live and Historical Racing segment engages in live and historical pari-mutuel racing related activities at Churchill Downs Racetrack and its historical racing properties in Kentucky, Virginia, and New Hampshire; provides racing event-related services, including admissions, personal seat licenses, sponsorships, television rights, and other miscellaneous services, as well as food and beverages services. The Wagering Services and Solutions engages in pari-mutuel wagers through TwinSpires, which operates the online horse racing wagering business for TwinSpires.com, BetAmerica.com, and other white-label platforms; facilitates dollar wagering; provides the Bloodstock Research Information Services platform for horse racing statistical data; offers streaming video of live horse races, replays, and an assortment of racing and handicapping information; and provides technology services to third parties. This segment also operates retail and online sports betting businesses, United Tote, which manufactures and operates pari-mutuel wagering systems for racetracks, OTBs, and other pari-mutuel wagering businesses, and Exacta, which provides central determinant system technology in HRMs. The Gaming segment operates the casino properties and associated racetracks, which include slot machines, table games, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, racing event-related services, and other miscellaneous operations. Churchill Downs Incorporated was founded in 1875 and is headquartered in Louisville, Kentucky.

Per questa società non c'è ancora una scheda redazionale

Concorrenti diretti

Con chi questa società si contende gli stessi clienti

Per questa società non c'è ancora una scheda redazionale

Per questa società non c'è ancora un elenco di concorrenti.

Stato Patrimoniale e Liquidità

Ricavi

$2.99B

Ultimi 12 mesi (al 30/06/2026)

Utile Netto

$413M

Ultimi 12 mesi (al 30/06/2026)

Free Cash Flow

-

Patrimonio Netto Totale

$1.01B

Passività Totali

$6.43B

Rapporto di Liquidità

0.36

Copertura Interessi

2.47

Debito/EBITDA

5.21

Utile per Azione

Ricavi e Utile Netto

Free Cash Flow

Scomposizione Ricavi

Prospetto storico

Margini nel tempo

Il debito nel tempo

Quanto pesa il debito

Griglia della crescita

Crescita — Ricavi

Stima del Fair Value

Correttamente Valutato

Fair Value

$95.38

Prezzo Attuale

$89.03

Margine di Sicurezza

+6.7%

Range Fair Value

$68.33 - $122.44

Metodi di Stima

Analyst Target:$131.64
DCF:$75.35
PE-based:$67.60
Graham Growth:$95.89
EPV:$93.35
Consenso Analisti:Strong Buy (17B / 1H / 0S)
Ultima Sorpresa Utili:-1.11%

Metriche di Valutazione

Rapporto P/E

15.48

ROE

37.9%

Rapporto P/B

4.71

P/FCF

-

Margine Lordo

-

ROIC

9.3%

Radar Redditività

Creazione di Valore (Vantaggio Competitivo)

ROIC

9.3%

WACC

7.1%

ROIC − WACC

+2.2 pp

Il ROIC supera il costo del capitale: l'azienda sta creando valore per gli azionisti.

Criteri di Analisi Fondamentale

Superati (15)

  • EPS shows upward trend
  • EPS CAGR 9.66%
  • Price CAGR 14.09%
  • ROIC 9.3%
  • Operating Margin 24.1%
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • ROE 36.9%
  • Revenue Growth 5Y 22.6%
  • Analyst Consensus 94% Buy
  • Earnings Surprise avg 4.4%
  • Earnings Quality (OCF/NI) 1.92
  • Share Dilution -3.6%
  • Piotroski F-Score 6/9

Non superati (7)

  • P/B Ratio 4.71
  • Debt/Equity ratio
  • Current Ratio
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • Net Margin Trend 13.8% vs 15.2%

Non disponibili (6)

  • Gross Margin NaN%
  • P/FCF NaN
  • Dividend Payout NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • PEG Ratio (need PE > 0 and growth > 0)

Piotroski F-Score

6/9

Segnali misti: alcune aree necessitano attenzione

score
criteria

Qualità degli Utili

1.92

Alta qualità: utili supportati da cash

Diluizione Azionaria

-3.6%

Riacquisto azioni. Favorevole agli azionisti

Governance

Team Dirigenziale

NomeRuoloEtà
Mr. William C. CarstanjenCEO & Director57
Mr. William E. MuddPresident & COO54
Ms. Marcia Ann Dall CPAExecutive VP & CFO61
Mr. Bradley K. Blackwell J.D.Executive VP, General Counsel & Secretary53
Mr. Jon E. RauchVP & Chief Accounting Officer-
Mr. Nate SimonSenior VP & CTO-
Sam UllrichVice President of Investor Relations-
Mr. Jason SauerSenior Vice President of Corporate Development-
Ms. M. Katherine ArmstrongSenior VP of Human Resources-
Mr. Michael W. AndersonSenior VP & President of Churchill Downs Racetrack54

Rischio Audit

4

Rischio CdA

2

Rischio Compensi

3

Rischio Diritti Azionisti

7

Parte 2 · Il prezzo e il momento d'ingresso

Questa parte non serve a capire se l'azienda vale: serve a scegliere quando comprarla, dopo che i fondamentali ti hanno convinto. Dentro: analisi tecnica, potenziale, drawdown storici, esposizione gamma.

Ultime Notizie

Ultime notizie per CHDN, da Markets Gazette.

  • 2/21/2026POSITIVE
    Beck Bode Initiates Churchill Downs Position as Regional Gaming Expansion Lifts Growth Prospects

    Beck Bode has initiated a position in Churchill Downs Inc., signaling confidence in the company's growth prospects. Churchill Downs is actively expanding its network of casinos and historical racing venues, aiming to generate recurring revenue streams from the gaming sector. Investors are assessing the effectiveness of this investment phase, but Beck Bode's initiative suggests a positive outlook on the economic returns of these expansions. The strategy seeks to diversify profit sources beyond the traditional annual horse racing event, solidifying the company's presence in the gaming market.

via Markets Gazette