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Churchill DownsFRA:CHR +2.86%82 EV-to-EBITDA is 10.19 as of Jul. 25, 2026, which is 31% below its 10-year median of 14.71. GuruFocus rates FRA:CHR with a GF Score™ of 82/100 and a GF Value™ of €130.38. The stock has 4 warning signs investors should review. Among 691 Travel & Leisure companies, Churchill Downs ranks worse than 50.65% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Churchill Downs's enterprise value is €9,505 Mil.
Churchill Downs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was €933 Mil. Therefore, Churchill Downs's EV-to-EBITDA for today is 10.19.
The historical rank and industry rank for Churchill Downs's EV-to-EBITDA or its related term are showing as below:
FRA:CHR'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 9.84 Med: 14.71 Max: 65.28
Current: 9.98
During the past 13 years, the highest EV-to-EBITDA of Churchill Downs was 65.28. The lowest was 9.84. And the median was 14.71.
FRA:CHR's EV-to-EBITDA is ranked worse than 50.65% of 691
companies
in the Travel & Leisure industry
Industry Median: 9.66
vs FRA:CHR: 9.98
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.
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 (TTM) to determine the fair market value of a company.
Churchill Downs's PE Ratio (TTM) for today is calculated as:
Churchill Downs's share price for today is €72.00.
Churchill Downs's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €4.661.
* 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 (TTM).
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.
FRA:CHR vs LNWO, SGHC, RSI: EV-to-EBITDA Comparison
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 EV-to-EBITDA vs 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's current Enterprise Value is €9,505 Mil.
Churchill Downs's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €933 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 (FRA:CHR) has a EV-to-EBITDA of 10.19 as of Jul. 25, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Churchill Downs. This is 31% below median its historical median of 14.71. Over the past decade, Churchill Downs' EV-to-EBITDA has ranged from 9.84 to 65.28. According to the industry distribution chart, Churchill Downs ranks #350 out of 691 companies in the Travel & Leisure industry, placing it in the top 50.7%.
Is Churchill Downs' EV-to-EBITDA too high?
Churchill Downs' current EV-to-EBITDA of 10.19 is 31% below median its 10-year median of 14.71. Over the past 10 years, this metric has ranged from a low of 9.84 to a high of 65.28. The Travel & Leisure industry median EV-to-EBITDA is 9.66. Churchill Downs' value of 10.19 is 5.5% above this industry median. Based on the distribution chart, Churchill Downs ranks #350 out of 691 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Churchill Downs has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Churchill Downs' EV-to-EBITDA compare to LNWO and SGHC?
According to the Travel & Leisure industry distribution chart, Churchill Downs ranks #350 out of 691 companies for EV-to-EBITDA. This places Churchill Downs in the lower half of its industry. The industry median EV-to-EBITDA is 9.66. Churchill Downs' value of 10.19 is 5.5% above this benchmark. Historically, Churchill Downs' own EV-to-EBITDA has ranged from 9.84 to 65.28 over the past decade. While the company's 10-year median is 14.71 vs. the industry median of 9.66, Churchill Downs has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.66, based on 691 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Churchill Downs's current EV-to-EBITDA of 10.19 is 5.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Churchill Downs. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Churchill Downs's current EV-to-EBITDA is 10.19, which is 31% below median its own 10-year median of 14.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Churchill Downs stock overvalued right now?
Churchill Downs (FRA:CHR) has a current EV-to-EBITDA of 10.19. The stock's GF Value™ is €130.38, compared to a current price of €72.00 — trading 44.8% below its estimated fair value. The current EV-to-EBITDA is 10.19, which is 31% below median its 10-year median of 14.71 and 5.5% above the Travel & Leisure industry median of 9.66. Churchill Downs' overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Churchill Downs (FRA:CHR), the current EV-to-EBITDA is 10.19 as of Jul. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Churchill Downs (FRA:CHR) Overvalued in 2026?
Based on GuruFocus' analysis, Churchill Downs stock appears to be undervalued.
The current stock price of €72.00 is trading 44.8% below its estimated GF Value™ of €130.38.
Key valuation signals for FRA:CHR:
EV-to-EBITDA: 10.19 (31% below median its 10-year median of 14.71)
GF Value™: €130.38 vs. price of €72.00 (44.8% below fair value)
Industry Position: 5.5% above the Travel & Leisure median (#350 of 691)
No single metric tells the full story. See the FRA:CHR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Churchill Downs Inc is a gaming entertainment, online wagering, and racing company. It operates through three business segments: Live and Historical Racing, Wagering Services, and Gaming. The Live and Historical Racing segment includes live and historical pari-mutuel racing. The Wagering Services segment includes the revenue and expenses from pari-mutuel wagers through TwinSpires, companies retail and online sports betting business and Gaming segment includes revenue and expenses for the casino properties and associated racetracks that support the casino license. The Gaming segment generates revenue and expenses from slot machines, video lottery terminals, video poker, HRMs, ancillary food and beverage services, hotel services, commission on pari-mutuel wagering, and racing events.
82GF Score
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