DraftKings Inc. (DKNG) Valuation — DCF, Graham & Comparables

DraftKings Inc. (DKNG) — Price $19.60 — Consumer Cyclical — Gambling, Resorts & Casinos — NASDAQ

Latest reported results:

Valuation dashboard for DraftKings Inc. (DKNG) with P/E N/A, P/B 16.20, EV/EBITDA 65.24 and dividend yield 0.00%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Consumer Cyclical companies.

DraftKings Inc. operates as a leading digital enterprise specializing in sports entertainment and gaming. The company provides sophisticated multi-channel sports betting and gaming technology solutions to operators across 17 countries, facilitating diverse entertainment experiences. Directly, DraftKings manages its own iGaming services under the DraftKings brand in five U.S.

Analysis Summary

DraftKings Inc. reported revenue of $6.05B in the most recent fiscal year, growing at a 5-year CAGR of 58.0%.

Trailing-twelve-month margins: gross margin 40.5%, operating margin -2.9%, net margin -2.7%.

At the current price of $19.60, DKNG has negative trailing earnings (P/E not meaningful) and an ROE of -26.30%. Market capitalisation stands at $9.7B.

Balance sheet quality for DKNG: current ratio of 1.0. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Valuation Ratios

Price / Book16.20
EV / EBITDA65.24
Dividend Yield0.00%

Valuation Models

DCF Fair Value$98.10
vs Current Price+400.5%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
DKNGDraftKings Inc.$9.7B16.20-26.3%
BBYBest Buy Co., Inc.$18.5B14.645.8442.8%
RIVNRivian Automotive, Inc.$18.1B3.59-79.9%
DPZDomino's Pizza, Inc.$9.8B16.88-15.4%
HMCHonda Motor Co., Ltd.$41.5B0.52-3.6%
PKGPackaging Corporation of America$20.4B29.684.3316.7%
MGAMagna International Inc.$17.6B23.711.496.8%
NIONIO Inc.$8.4B13.86-112.4%

Price

Price$19.60
Market Cap$9.7B
ExchangeNASDAQ
CountryUS

Profitability

Return on Equity-26.30%
Return on Invested Capital-6.67%
Return on Assets-3.90%
Gross Margin40.54%
Operating Margin-2.93%
Net Margin-2.68%

Related companies: BBY · DPZ · HMC · MGA · NIO · PKG · RIVN

Explore sector: Consumer Cyclical · Gambling, Resorts & Casinos

More sections of DKNG: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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