Churchill Downs Valuation

CHDN Stock  USD 123.75  0.53  0.43%   
At this time, the firm appears to be fairly valued. Churchill Downs rporated shows a prevailing Real Value of $123.34 per share. The current price of the firm is $123.75. Our model approximates the value of Churchill Downs rporated from analyzing the firm fundamentals such as Profit Margin of 0.17 %, current valuation of 13.86 B, and Return On Equity of 0.58 as well as examining its technical indicators and probability of bankruptcy. In general, most investors favor obtaining undervalued instruments and abandoning overvalued instruments since, at some point, asset prices and their ongoing real values will blend.
Price Book
10.256
Enterprise Value
13.9 B
Enterprise Value Ebitda
13.7821
Price Sales
3.7605
Trailing PE
22.9243
Fairly Valued
Today
123.75
Please note that Churchill Downs' price fluctuation is very steady at this time. Calculation of the real value of Churchill Downs rporated is based on 3 months time horizon. Increasing Churchill Downs' time horizon generally increases the accuracy of value calculation and significantly improves the predictive power of the methodology used.
Our valuation method for Churchill Downs Incorporated is useful when determining the fair value of the Churchill stock, which is usually determined by what a typical buyer is willing to pay for full or partial control of Churchill Downs. Since Churchill Downs is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Churchill Stock. However, Churchill Downs' intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  123.75 Real  123.34 Target  144.75 Hype  123.75 Naive  127.23
The real value of Churchill Stock, also known as its intrinsic value, is the underlying worth of Churchill Downs rporated Company, which is reflected in its stock price. It is based on Churchill Downs' financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Churchill Downs' stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Churchill Downs' stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
121.82
Downside
123.34
Real Value
124.86
Upside
Estimating the potential upside or downside of Churchill Downs Incorporated helps investors to forecast how Churchill stock's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Churchill Downs more accurately as focusing exclusively on Churchill Downs' fundamentals will not take into account other important factors:
Earnings
Estimates (0)
LowProjectedHigh
0.790.810.84
Details
Hype
Prediction
LowEstimatedHigh
122.23123.75125.27
Details
Potential
Annual Dividend
LowForecastedHigh
0.360.370.37
Details
10 Analysts
Consensus
LowTarget PriceHigh
131.72144.75160.67
Details

Churchill Downs Investments

(3.37 Billion)

Churchill Downs Valuation Ratios as Compared to Competition

Comparative valuation techniques use various fundamental indicators to help in determining Churchill Downs's current stock value. Our valuation model uses many indicators to compare Churchill Downs value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Churchill Downs competition to find correlations between indicators driving Churchill Downs's intrinsic value. More Info.
Churchill Downs Incorporated is rated second in price to book category among related companies. It is number one stock in annual yield category among related companies . The ratio of Price To Book to Annual Yield for Churchill Downs Incorporated is about  3,308 . Comparative valuation analysis is a catch-all model that can be used if you cannot value Churchill Downs by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Churchill Downs' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Churchill Downs' earnings, one of the primary drivers of an investment's value.
Please note that valuation analysis is one of the essential comprehensive assessments in business. It evaluates Churchill Downs' worth, which you can determine by considering its current assets, liabilities and future cash flows. The investors' valuation analysis is an important metric that will give you a perspective on different companies. It helps you know the worth of the potential investment in Churchill Downs and how it compares across the competition.

About Churchill Downs Valuation

The stock valuation mechanism determines the current worth of Churchill Downs Incorporated on a weekly basis. We use both absolute as well as relative valuation methodologies to arrive at the intrinsic value of Churchill Downs Incorporated. In general, an absolute valuation paradigm, as applied to this company, attempts to find the value of Churchill Downs rporated based exclusively on its fundamental and basic technical indicators. By analyzing Churchill Downs's financials, quarterly and monthly indicators, and its related drivers such as dividends, operating cash flow, and various types of growth rates, we attempt to find the most accurate representation of Churchill Downs's intrinsic value. In some cases, mostly for established, large-cap companies, we also incorporate more traditional valuation methods such as dividend discount, discounted cash flow, or asset-based models. As compared to an absolute model, our relative valuation model uses a comparative analysis of Churchill Downs. We calculate exposure to Churchill Downs's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Churchill Downs's related companies.
Last ReportedProjected for 2024
Gross Profit795.7 M835.5 M
Pretax Profit Margin 0.23  0.24 
Operating Profit Margin 0.23  0.24 
Net Profit Margin 0.17  0.18 
Gross Profit Margin 0.32  0.28 

8 Steps to conduct Churchill Downs' Valuation Analysis

Company's valuation is the process of determining the worth of any company in monetary terms. It estimates Churchill Downs' potential worth based on factors such as financial performance, market conditions, growth prospects, and overall economic environment. The result of company valuation is a single number representing a Company's current market value. This value can be used as a benchmark for various financial transactions such as mergers and acquisitions, initial public offerings (IPOs), or private equity investments. To conduct Churchill Downs' valuation analysis, follow these 8 steps:
  • Gather financial information: Obtain Churchill Downs' financial statements, including balance sheets, income statements, and cash flow statements.
  • Determine Churchill Downs' revenue streams: Identify Churchill Downs' primary sources of revenue, including products or services offered, target markets, and pricing strategies.
  • Analyze market data: Research Churchill Downs' industry and market trends, including the size of the market, growth rate, and competition.
  • Establish Churchill Downs' growth potential: Evaluate Churchill Downs' management, business model, and growth potential.
  • Determine Churchill Downs' financial performance: Analyze its financial statements to assess its historical performance and future potential.
  • Choose a valuation method: Consider the Company's specific circumstances and choose an appropriate valuation method, such as the discounted cash flow (DCF) or comparable analysis method.
  • Calculate the value: Apply the chosen valuation method to the financial information and market data to calculate Churchill Downs' estimated value.
  • Review and adjust: Review the results and make necessary adjustments, considering any relevant factors that may have been missed or overlooked.
Note: This is a general outline, and different approaches and methods may be used depending on the type and size of the company being valued. We also recomment to seek professional assistance to ensure accuracy.
Churchill Downs' stock price is the clearest measure of market expectations about its performance. Without stock valuation, investors cannot independently discern whether Churchill Downs' value is low or high relative to the company's performance and growth projections. Determining the market value of Churchill Downs can be done in different ways, such as multiplying its stock price by its outstanding shares.
A single share of Churchill Downs represents a small ownership stake in the entity. As a stockholder of Churchill, your percentage of company ownership is determined by dividing the number of shares you own by the total number of shares outstanding and then multiplying that amount by 100. Owning stock in a company generally confers both corporate voting rights and income from any dividends paid to the stock owner.

Churchill Downs Dividends Analysis For Valuation

Please note that Churchill Downs has scaled down on payment of dividends at this time. At this time, Churchill Downs' Retained Earnings are very stable compared to the past year. As of the 29th of March 2024, Price Earnings Ratio is likely to grow to 35.03, while Retained Earnings Total Equity is likely to drop about 496.9 M.
There are various types of dividends Churchill Downs can pay to its shareholders, and the actual value of the dividend is determined on a per-share basis. It is to be paid equally to all of Churchill shareholders on a specific date, known as the payable date. The cash dividend is the most common type of dividend payment - it is the payment of actual cash from Churchill Downs Incorporated directly to its shareholders. There are other types of dividends that companies can issue, such as stock dividends or asset dividends. When Churchill pays a dividend, it has no impact on its enterprise value. It does, however, lowers the Equity Value of Churchill Downs by the value of the dividends paid out.

Churchill Downs Growth Indicators

Growth stocks usually refer to those companies expected to grow sales and earnings faster than the market average. Growth stocks typically don't pay dividends, often look expensive, and usually trading at a high P/E ratio. Nevertheless, such valuations could be relatively cheap if the company continues to grow, which will drive the share price up. However, since most investors are paying a high price for a growth stock, based on expectations, if those expectations are not fully realized, growth stocks can see dramatic declines. Note, investing in growth stocks can be very risky. If the company such as Churchill Downs does not do well, investors take a loss on the stock when it is time to sell. Also, because growth stocks typically do not pay dividends, the only opportunity an investor has to make money on their investment is when they eventually sell their shares.
Common Stock Shares Outstanding76.1 M
Quarterly Earnings Growth Y O Y56.156

Churchill Downs Current Valuation Indicators

Valuation refers to the process of determining the present value of Churchill Downs Incorporated and all of its assets. It can be calculated using a number of techniques. As many analysts who try to value Churchill we look at many different elements of the entity such as Churchill's management, its prospective future earnings, the current market value of the company's assets, as well as its capital structure formation. Churchill Downs' valuation analysis is also a process of estimating the intrinsic value of all assets and outstanding equities. There are different methodologies and models we use to develop the final Churchill Downs' valuation. The techniques such as discounted cash flow and fundamental indicators such as book value per share or market capitalization are well known and widely used across most financial advisers and money managers.
Valuations are an essential part of business, for companies themselves, but also for investors. For companies, such as Churchill Downs, valuations can help measure their progress and success and can help them track their performance in the market compared to others. In addition, investors can use Churchill Downs' valuations to help determine the worth of potential investments. They can do this by using data and information made public by a company. Regardless of who the valuation is for, it essentially describes Churchill Downs' worth.
When determining whether Churchill Downs rporated offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Churchill Downs' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Churchill Downs Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Churchill Downs Incorporated Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Churchill Downs Incorporated. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment.
Note that the Churchill Downs rporated information on this page should be used as a complementary analysis to other Churchill Downs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

Complementary Tools for Churchill Stock analysis

When running Churchill Downs' price analysis, check to measure Churchill Downs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Churchill Downs is operating at the current time. Most of Churchill Downs' value examination focuses on studying past and present price action to predict the probability of Churchill Downs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Churchill Downs' price. Additionally, you may evaluate how the addition of Churchill Downs to your portfolios can decrease your overall portfolio volatility.
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Is Churchill Downs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Churchill Downs. If investors know Churchill will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Churchill Downs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
56.156
Dividend Share
0.382
Earnings Share
5.48
Revenue Per Share
32.735
Quarterly Revenue Growth
0.169
The market value of Churchill Downs rporated is measured differently than its book value, which is the value of Churchill that is recorded on the company's balance sheet. Investors also form their own opinion of Churchill Downs' value that differs from its market value or its book value, called intrinsic value, which is Churchill Downs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Churchill Downs' market value can be influenced by many factors that don't directly affect Churchill Downs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Churchill Downs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Churchill Downs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Churchill Downs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.