GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (BSP:D2KN34) » Definitions » Valuation Rank

DraftKings (BSP:D2KN34) Valuation Rank


View and export this data going back to 2021. Start your Free Trial

What is DraftKings Valuation Rank?

The Valuation Rank measures the current valuation of a business relative to other companies in the same industry and its own historical valuation. The companies are split in equal numbers and then ranked from 1 to 10, with 10 as the most undervalued and 1 as the most overvalued.

  1. Three factors:
    • Absolute valuation (medpsvalue) relative to current stock price, rank among all companies
    • Historical valuation over the past 10 years. Rank pe, ps, pocf, ev2ebit over their own historical values
    • Industry relative valuation
  2. Companies without enough data is not ranked
  3. Companies with negative earnings are ranked lower

These three factors are used to calculate the value score for every eligible company, with values from 1 to 10. The final ranked companies are split in equal numbers and ranked from 1 to 10, with 10 as the most undervalued, and 1 as the most overvalued. The numbers of companies in each rank are the same.

DraftKings Valuation Rank Related Terms

Thank you for viewing the detailed overview of DraftKings's Valuation Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

DraftKings (BSP:D2KN34) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (BSP:D2KN34) » Definitions » Valuation Rank
Comparable Companies
CHDN LNW IGT SGHC EVRI NGMS ACEL GAMB AGS INSE DUB:FLTR OSTO:EVO ASX:ALL LSE:ENT ASX:TLC XPAR:FDJ ATH:OPAP MIL:LTMC TSE:6417 OSTO:KIND SDB
Traded in Other Exchanges
DKNG:USA DKNG:Mexico 8DEA:Germany
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
Website
https://www.draftkings.com
DraftKings got its start in 2012 as an innovator in daily fantasy sports. Then, following a Supreme Court ruling in 2018 that allowed states to legalize online sports wagering, the company expanded into online sports and casino gambling, where it generally holds the number two or three revenue share position across states in which it competes. DraftKings is now live with online sports betting in 21 states (44% of the U.S. population) and iGaming in five states (11% of U.S.), with both products available to around 40% of Canada's population. The company also operates a non-fungible token commissioned-based marketplace and develops and licenses online gaming products.