(CHDN) Churchill Downs - Ratings and Ratios
Racing, Wagering, Gaming, Casinos, HorseRacing
CHDN EPS (Earnings per Share)
CHDN Revenue
Description: CHDN Churchill Downs
Churchill Downs Incorporated is a leading operator of live and historical racing entertainment venues, online wagering businesses, and regional casino gaming properties in the United States, with a diverse portfolio of businesses across three segments: Live and Historical Racing, Wagering Services and Solutions, and Gaming.
The companys Live and Historical Racing segment generates revenue through live and historical pari-mutuel racing activities, as well as related services such as admissions, sponsorships, and food and beverages. Key performance indicators (KPIs) for this segment may include average daily attendance, pari-mutuel handle, and revenue per attendee.
The Wagering Services and Solutions segment is a significant player in the online horse racing wagering market, operating platforms such as TwinSpires.com and BetAmerica.com, and providing technology services to third-party clients. KPIs for this segment may include online wagering revenue, market share, and customer acquisition costs.
The Gaming segment operates a portfolio of casino properties and associated racetracks, generating revenue through slot machines, table games, and other gaming activities. Key metrics for this segment may include average daily revenue, gaming win percentage, and hotel occupancy rates.
To evaluate Churchill Downs Incorporateds financial performance, we can examine metrics such as revenue growth, EBITDA margin, and return on equity (RoE). With a RoE of 39.42%, the company demonstrates a strong ability to generate returns on shareholder equity. Additionally, the companys market capitalization of $7.63 billion and P/E ratio of 18.80 suggest a significant market presence and relatively moderate valuation.
CHDN Stock Overview
| Market Cap in USD | 7,124m |
| Sub-Industry | Casinos & Gaming |
| IPO / Inception | 1993-03-29 |
CHDN Stock Ratings
| Growth Rating | -23.9% |
| Fundamental | 58.9% |
| Dividend Rating | 50.2% |
| Return 12m vs S&P 500 | -41.9% |
| Analyst Rating | 4.73 of 5 |
CHDN Dividends
| Dividend Yield 12m | 0.39% |
| Yield on Cost 5y | 0.54% |
| Annual Growth 5y | 5.63% |
| Payout Consistency | 97.7% |
| Payout Ratio | 6.8% |
CHDN Growth Ratios
| Growth Correlation 3m | -32.3% |
| Growth Correlation 12m | -83.9% |
| Growth Correlation 5y | 46% |
| CAGR 5y | 0.15% |
| CAGR/Max DD 3y | 0.00 |
| CAGR/Mean DD 3y | 0.01 |
| Sharpe Ratio 12m | -0.76 |
| Alpha | 0.03 |
| Beta | 0.615 |
| Volatility | 26.58% |
| Current Volume | 445.5k |
| Average Volume 20d | 480.2k |
| Stop Loss | 93.2 (-3%) |
| Signal | -0.44 |
Piotroski VR‑10 (Strict, 0-10) 4.5
| Net Income (429.7m TTM) > 0 and > 6% of Revenue (6% = 169.8m TTM) |
| FCFTA 0.06 (>2.0%) and ΔFCFTA 5.86pp (YES ≥ +1.0pp, WARN ≥ +0.5pp) |
| NWC/Revenue -10.89% (prev -12.51%; Δ 1.62pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp) |
| CFO/TA 0.11 (>3.0%) and CFO 786.1m > Net Income 429.7m (YES >=105%, WARN >=100%) |
| Net Debt (4.83b) to EBITDA (657.9m) ratio: 7.34 <= 3.0 (WARN <= 3.5) |
| Current Ratio 0.60 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active) |
| Outstanding Shares last Quarter (72.3m) change vs 12m ago -3.08% (target <= -2.0% for YES) |
| Gross Margin 33.46% (prev 34.34%; Δ -0.88pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0) |
| Asset Turnover 38.91% (prev 36.48%; Δ 2.43pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0) |
| Interest Coverage Ratio 1.68 (EBITDA TTM 657.9m / Interest Expense TTM 292.4m) >= 6 (WARN >= 3) |
Altman Z'' 0.81
| (A) -0.04 = (Total Current Assets 464.0m - Total Current Liabilities 772.1m) / Total Assets 7.38b |
| (B) 0.14 = Retained Earnings (Balance) 1.04b / Total Assets 7.38b |
| (C) 0.07 = EBIT TTM 491.2m / Avg Total Assets 7.27b |
| (D) 0.17 = Book Value of Equity 1.04b / Total Liabilities 6.31b |
| Total Rating: 0.81 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D) |
ValueRay F-Score (Strict, 0-100) 58.94
| 1. Piotroski 4.50pt = -0.50 |
| 2. FCF Yield 3.77% = 1.89 |
| 3. FCF Margin 15.94% = 3.98 |
| 4. Debt/Equity 4.81 = -2.48 |
| 5. Debt/Ebitda 7.62 = -2.50 |
| 6. ROIC - WACC (= 0.83)% = 1.04 |
| 7. RoE 40.03% = 2.50 |
| 8. Rev. Trend 69.14% = 5.19 |
| 9. EPS Trend -3.41% = -0.17 |
What is the price of CHDN shares?
Over the past week, the price has changed by -0.49%, over one month by -6.74%, over three months by -2.24% and over the past year by -31.14%.
Is Churchill Downs a good stock to buy?
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of CHDN is around 84.51 USD . This means that CHDN is currently overvalued and has a potential downside of -12.06%.
Is CHDN a buy, sell or hold?
- Strong Buy: 8
- Buy: 3
- Hold: 0
- Sell: 0
- Strong Sell: 0
What are the forecasts/targets for the CHDN price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 137.5 | 43% |
| Analysts Target Price | 137.5 | 43% |
| ValueRay Target Price | 91.6 | -4.7% |
Last update: 2025-09-05 04:37
CHDN Fundamental Data Overview
CCE Cash And Equivalents = 182.4m USD (Cash And Short Term Investments, last quarter)
P/E Trailing = 17.5458
P/S = 2.5176
P/B = 6.8394
P/EG = 2.58
Beta = 0.953
Revenue TTM = 2.83b USD
EBIT TTM = 491.2m USD
EBITDA TTM = 657.9m USD
Long Term Debt = 4.94b USD (from longTermDebt, last quarter)
Short Term Debt = 71.9m USD (from shortTermDebt, last quarter)
Debt = 5.01b USD (Calculated: Short Term 71.9m + Long Term 4.94b)
Net Debt = 4.83b USD (from netDebt column, last quarter)
Enterprise Value = 11.96b USD (7.12b + Debt 5.01b - CCE 182.4m)
Interest Coverage Ratio = 1.68 (Ebit TTM 491.2m / Interest Expense TTM 292.4m)
FCF Yield = 3.77% (FCF TTM 451.0m / Enterprise Value 11.96b)
FCF Margin = 15.94% (FCF TTM 451.0m / Revenue TTM 2.83b)
Net Margin = 15.19% (Net Income TTM 429.7m / Revenue TTM 2.83b)
Gross Margin = 33.46% ((Revenue TTM 2.83b - Cost of Revenue TTM 1.88b) / Revenue TTM)
Tobins Q-Ratio = 11.48 (Enterprise Value 11.96b / Book Value Of Equity 1.04b)
Interest Expense / Debt = 1.48% (Interest Expense 74.2m / Debt 5.01b)
Taxrate = 25.14% (144.1m / 573.2m)
NOPAT = 367.7m (EBIT 491.2m * (1 - 25.14%))
Current Ratio = 0.60 (Total Current Assets 464.0m / Total Current Liabilities 772.1m)
Debt / Equity = 4.81 (Debt 5.01b / last Quarter total Stockholder Equity 1.04b)
Debt / EBITDA = 7.62 (Net Debt 4.83b / EBITDA 657.9m)
Debt / FCF = 11.12 (Debt 5.01b / FCF TTM 451.0m)
Total Stockholder Equity = 1.07b (last 4 quarters mean)
RoA = 5.83% (Net Income 429.7m, Total Assets 7.38b )
RoE = 40.03% (Net Income TTM 429.7m / Total Stockholder Equity 1.07b)
RoCE = 8.17% (Ebit 491.2m / (Equity 1.07b + L.T.Debt 4.94b))
RoIC = 6.15% (NOPAT 367.7m / Invested Capital 5.98b)
WACC = 5.32% (E(7.12b)/V(12.14b) * Re(8.28%)) + (D(5.01b)/V(12.14b) * Rd(1.48%) * (1-Tc(0.25)))
Shares Correlation 3-Years: -75.04 | Cagr: -0.55%
Discount Rate = 8.28% (= CAPM, Blume Beta Adj.)
[DCF Debug] Terminal Value 69.41% ; FCFE base≈277.9m ; Y1≈182.5m ; Y5≈83.4m
Fair Price DCF = 22.47 (DCF Value 1.58b / Shares Outstanding 70.1m; 5y FCF grow -40.0% → 3.0% )
EPS Correlation: -3.41 | EPS CAGR: 26.62% | SUE: 0.80 | # QB: 0
Revenue Correlation: 69.14 | Revenue CAGR: 38.30% | SUE: N/A | # QB: None
Additional Sources for CHDN Stock
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle