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Churchill Downs (Churchill Downs) EV-to-EBITDA : 15.11 (As of Apr. 25, 2024)


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What is Churchill Downs EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Churchill Downs's enterprise value is $13,784 Mil. Churchill Downs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was $912 Mil. Therefore, Churchill Downs's EV-to-EBITDA for today is 15.11.

The historical rank and industry rank for Churchill Downs's EV-to-EBITDA or its related term are showing as below:

CHDN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 10.12   Med: 14.3   Max: 65.28
Current: 13.71

During the past 13 years, the highest EV-to-EBITDA of Churchill Downs was 65.28. The lowest was 10.12. And the median was 14.30.

CHDN's EV-to-EBITDA is ranked worse than
60.09% of 674 companies
in the Travel & Leisure industry
Industry Median: 11.42 vs CHDN: 13.71

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-04-25), Churchill Downs's stock price is $130.005. Churchill Downs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 was $5.455. Therefore, Churchill Downs's PE Ratio for today is 23.83.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


Churchill Downs EV-to-EBITDA Historical Data

The historical data trend for Churchill Downs's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Churchill Downs EV-to-EBITDA Chart

Churchill Downs Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.54 49.75 20.22 14.15 14.66

Churchill Downs Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.81 17.31 14.68 14.66 -

Competitive Comparison of Churchill Downs's EV-to-EBITDA

For the Gambling subindustry, Churchill Downs's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Churchill Downs's EV-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Churchill Downs's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Churchill Downs's EV-to-EBITDA falls into.



Churchill Downs EV-to-EBITDA Calculation

Churchill Downs's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=13783.579/912.2
=15.11

Churchill Downs's current Enterprise Value is $13,784 Mil.
Churchill Downs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $912 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Churchill Downs  (NAS:CHDN) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

Churchill Downs's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=130.005/5.455
=23.83

Churchill Downs's share price for today is $130.005.
Churchill Downs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.455.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


Churchill Downs EV-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Churchill Downs's EV-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Churchill Downs (Churchill Downs) Business Description

Traded in Other Exchanges
Address
600 North Hurstbourne Parkway, Suite 400, Louisville, KY, USA, 40222
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, TwinSpires, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The TwinSpires segment includes the revenue and expenses for online horse racing and the online and retail sports betting and iGaming wagering business. The company generates more than half of its revenue from the Gaming segment includes revenue from casino properties and associated racetrack or jai alai facilities which support the casino license as applicable.
Executives
Maureen Adams officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVLLE KY 40222
Bradley K. Blackwell officer: SVP, General Counsel 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Andrea M Carter director 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Karole Lloyd director 1932 WYNNTON ROAD, COLUMBUS GA 31999
Paul C Varga director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
R Alex Rankin director 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Robert L Fealy director 700 CENTRAL AVE, LOUISVILLE KY 40208
Bridgeman Ulysses L Jr director 7 SYLVAN WAY, PARSIPPANY NJ 07054
Marcia A Dall officer: EVP, and Chief Financial Offic 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Austin W. Miller officer: SVP, Gaming Operations 600 N. HURSTBOURNE PARKWAY, SUITE 400, LOUISVILLE KY 40222
Douglas C Grissom director THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602
William E Mudd officer: President and COO 700 CENTRAL AVENUE, LOUISVILLE KY 40208
Daniel P Harrington director 700 CENTRAL AVE, LOUISVILLE KY 40208
Richard L Duchossois director, 10 percent owner
Robert L Evans director, officer: President and CEO TENLANE FARM, 825 STEELE ROAD, VESAILLES KY 40383