33.16 USD
+0.96 (+2.98%)
33.12 USD
-0.04 (-0.12%)
Overall DKNG gets a fundamental rating of 3 out of 10. We evaluated DKNG against 132 industry peers in the Hotels, Restaurants & Leisure industry. The financial health of DKNG is average, but there are quite some concerns on its profitability. DKNG is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
In the past year DKNG has reported negative net income.
In the past year DKNG had a positive cash flow from operations.
In the past 5 years DKNG always reported negative net income.
DKNG had negative operating cash flow in 4 of the past 5 years.
1.2 Ratios
The Return On Assets of DKNG (-5.79%) is worse than 77.27% of its industry peers.
DKNG has a worse Return On Equity (-36.54%) than 61.36% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.79% | ||
| ROE | -36.54% | ||
| ROIC | N/A |
ROA(3y)-22.09%
ROA(5y)-27.91%
ROE(3y)-83.28%
ROE(5y)-77.48%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
The Gross Margin of DKNG (39.23%) is worse than 63.64% of its industry peers.
DKNG's Gross Margin has declined in the last couple of years.
DKNG does not have Profit Margin and Operating Margin available, so we won't be analyzing them here.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 39.23% |
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.53%
GM growth 5Y-10.9%
2. Health
2.1 Basic Checks
DKNG does not have a ROIC to compare to the WACC, probably because it is not profitable.
DKNG has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, DKNG has more shares outstanding
DKNG has a better debt/assets ratio than last year.
2.2 Solvency
DKNG has an Altman-Z score of 1.48. This is a bad value and indicates that DKNG is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of DKNG (1.48) is comparable to the rest of the industry.
DKNG has a debt to FCF ratio of 3.42. This is a good value and a sign of high solvency as DKNG would need 3.42 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 3.42, DKNG is in the better half of the industry, outperforming 79.55% of the companies in the same industry.
A Debt/Equity ratio of 2.51 is on the high side and indicates that DKNG has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 2.51, DKNG is in line with its industry, outperforming 47.73% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 3.42 | ||
| Altman-Z | 1.48 |
ROIC/WACCN/A
WACC8.3%
2.3 Liquidity
A Current Ratio of 1.09 indicates that DKNG should not have too much problems paying its short term obligations.
The Current ratio of DKNG (1.09) is comparable to the rest of the industry.
DKNG has a Quick Ratio of 1.09. This is a normal value and indicates that DKNG is financially healthy and should not expect problems in meeting its short term obligations.
DKNG has a better Quick ratio (1.09) than 60.61% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 |
3. Growth
3.1 Past
DKNG shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 35.23%, which is quite impressive.
Looking at the last year, DKNG shows a quite strong growth in Revenue. The Revenue has grown by 18.51% in the last year.
The Revenue has been growing by 71.28% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)35.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.33%
Revenue 1Y (TTM)18.51%
Revenue growth 3Y54.37%
Revenue growth 5Y71.28%
Sales Q2Q%4.43%
3.2 Future
The Earnings Per Share is expected to grow by 40.44% on average over the next years. This is a very strong growth
Based on estimates for the next years, DKNG will show a quite strong growth in Revenue. The Revenue will grow by 17.86% on average per year.
EPS Next Y125.82%
EPS Next 2Y76.72%
EPS Next 3Y58.5%
EPS Next 5Y40.44%
Revenue Next Year29.85%
Revenue Next 2Y24.87%
Revenue Next 3Y21.75%
Revenue Next 5Y17.86%
3.3 Evolution
The estimated forward Revenue growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings Ratio is negative for DKNG. In the last year negative earnings were reported.
A Price/Forward Earnings ratio of 27.86 indicates a quite expensive valuation of DKNG.
DKNG's Price/Forward Earnings ratio is in line with the industry average.
The average S&P500 Price/Forward Earnings ratio is at 36.12. DKNG is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.86 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of DKNG is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 30.71 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as DKNG's earnings are expected to grow with 58.50% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y76.72%
EPS Next 3Y58.5%
5. Dividend
5.1 Amount
No dividends for DKNG!.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
33.16
+0.96 (+2.98%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners84.69%
Inst Owner Change11.34%
Ins Owners2.45%
Ins Owner Change0.89%
Market Cap16.46B
Revenue(TTM)5.46B
Net Income(TTM)-267.57M
Analysts82.38
Price Target46.62 (40.59%)
Short Float %7.05%
Short Ratio1.9
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DPN/A
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)34.89%
Min EPS beat(2)-21.61%
Max EPS beat(2)91.4%
EPS beat(4)2
Avg EPS beat(4)3.96%
Min EPS beat(4)-74.95%
Max EPS beat(4)91.4%
EPS beat(8)3
Avg EPS beat(8)107.53%
EPS beat(12)7
Avg EPS beat(12)83.25%
EPS beat(16)11
Avg EPS beat(16)68.01%
Revenue beat(2)1
Avg Revenue beat(2)-1.53%
Min Revenue beat(2)-7.74%
Max Revenue beat(2)4.67%
Revenue beat(4)1
Avg Revenue beat(4)-2.89%
Min Revenue beat(4)-7.74%
Max Revenue beat(4)4.67%
Revenue beat(8)2
Avg Revenue beat(8)-2.24%
Revenue beat(12)6
Avg Revenue beat(12)1.33%
Revenue beat(16)9
Avg Revenue beat(16)2.29%
PT rev (1m)-16.3%
PT rev (3m)-16.75%
EPS NQ rev (1m)-69.82%
EPS NQ rev (3m)-70.2%
EPS NY rev (1m)-16.15%
EPS NY rev (3m)-36.09%
Revenue NQ rev (1m)-5.99%
Revenue NQ rev (3m)-5.95%
Revenue NY rev (1m)-0.84%
Revenue NY rev (3m)-2.23%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 27.86 | ||
| P/S | 3.02 | ||
| P/FCF | 30.71 | ||
| P/OCF | 24.66 | ||
| P/B | 22.48 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)-0.57
EYN/A
EPS(NY)1.19
Fwd EY3.59%
FCF(TTM)1.08
FCFY3.26%
OCF(TTM)1.34
OCFY4.06%
SpS10.99
BVpS1.47
TBVpS-3.39
PEG (NY)N/A
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -5.79% | ||
| ROE | -36.54% | ||
| ROCE | N/A | ||
| ROIC | N/A | ||
| ROICexc | N/A | ||
| ROICexgc | N/A | ||
| OM | N/A | ||
| PM (TTM) | N/A | ||
| GM | 39.23% | ||
| FCFM | 9.82% |
ROA(3y)-22.09%
ROA(5y)-27.91%
ROE(3y)-83.28%
ROE(5y)-77.48%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y-0.53%
GM growth 5Y-10.9%
F-Score7
Asset Turnover1.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.51 | ||
| Debt/FCF | 3.42 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | 49.14% | ||
| Cap/Sales | 2.41% | ||
| Interest Coverage | N/A | ||
| Cash Conversion | N/A | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.09 | ||
| Quick Ratio | 1.09 | ||
| Altman-Z | 1.48 |
F-Score7
WACC8.3%
ROIC/WACCN/A
Cap/Depr(3y)48.74%
Cap/Depr(5y)49.7%
Cap/Sales(3y)3.1%
Cap/Sales(5y)4.1%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)35.23%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%13.33%
EPS Next Y125.82%
EPS Next 2Y76.72%
EPS Next 3Y58.5%
EPS Next 5Y40.44%
Revenue 1Y (TTM)18.51%
Revenue growth 3Y54.37%
Revenue growth 5Y71.28%
Sales Q2Q%4.43%
Revenue Next Year29.85%
Revenue Next 2Y24.87%
Revenue Next 3Y21.75%
Revenue Next 5Y17.86%
EBIT growth 1Y37.48%
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next Year255.09%
EBIT Next 3Y75.95%
EBIT Next 5Y48.22%
FCF growth 1Y261.38%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y400.33%
OCF growth 3YN/A
OCF growth 5YN/A
DRAFTKINGS INC-CL A / DKNG FAQ
What is the fundamental rating for DKNG stock?
ChartMill assigns a fundamental rating of 3 / 10 to DKNG.
Can you provide the valuation status for DRAFTKINGS INC-CL A?
ChartMill assigns a valuation rating of 3 / 10 to DRAFTKINGS INC-CL A (DKNG). This can be considered as Overvalued.
What is the profitability of DKNG stock?
DRAFTKINGS INC-CL A (DKNG) has a profitability rating of 0 / 10.