DKNG Relative Valuation
DKNG's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, DKNG is overvalued; if below, it's undervalued.
Historical Valuation
Draftkings Inc (DKNG) is now in the Fair zone, suggesting that its current forward PS ratio of 0.00 is considered Fairly compared with the five-year average of 134.71. The fair price of Draftkings Inc (DKNG) is between NaN to NaN according to relative valuation methord.
Relative Value
Fair Zone
NaN-NaN
Current Price：35.19
Fair
84.67
PE
1Y
3Y
5Y
Trailing
Forward
20.96
EV/EBITDA
Draftkings Inc. (DKNG) has a current EV/EBITDA of 20.96. The 5-year average EV/EBITDA is 418.39. The thresholds are as follows: Strongly Undervalued below -3197.93, Undervalued between -3197.93 and -1389.77, Fairly Valued between 2226.54 and -1389.77, Overvalued between 2226.54 and 4034.70, and Strongly Overvalued above 4034.70. The current Forward EV/EBITDA of 20.96 falls within the Historic Trend Line -Fairly Valued range.
51.56
EV/EBIT
Draftkings Inc. (DKNG) has a current EV/EBIT of 51.56. The 5-year average EV/EBIT is 64.47. The thresholds are as follows: Strongly Undervalued below -1803.45, Undervalued between -1803.45 and -869.49, Fairly Valued between 998.43 and -869.49, Overvalued between 998.43 and 1932.39, and Strongly Overvalued above 1932.39. The current Forward EV/EBIT of 51.56 falls within the Historic Trend Line -Fairly Valued range.
2.50
PS
Draftkings Inc. (DKNG) has a current PS of 2.50. The 5-year average PS is 5.78. The thresholds are as follows: Strongly Undervalued below -5.30, Undervalued between -5.30 and 0.24, Fairly Valued between 11.31 and 0.24, Overvalued between 11.31 and 16.85, and Strongly Overvalued above 16.85. The current Forward PS of 2.50 falls within the Historic Trend Line -Fairly Valued range.
17.38
P/OCF
Draftkings Inc. (DKNG) has a current P/OCF of 17.38. The 5-year average P/OCF is 573.74. The thresholds are as follows: Strongly Undervalued below -4739.29, Undervalued between -4739.29 and -2082.78, Fairly Valued between 3230.25 and -2082.78, Overvalued between 3230.25 and 5886.77, and Strongly Overvalued above 5886.77. The current Forward P/OCF of 17.38 falls within the Historic Trend Line -Fairly Valued range.
23.03
P/FCF
Draftkings Inc. (DKNG) has a current P/FCF of 23.03. The 5-year average P/FCF is -11.98. The thresholds are as follows: Strongly Undervalued below -174.04, Undervalued between -174.04 and -93.01, Fairly Valued between 69.05 and -93.01, Overvalued between 69.05 and 150.08, and Strongly Overvalued above 150.08. The current Forward P/FCF of 23.03 falls within the Historic Trend Line -Fairly Valued range.
Draftkings Inc (DKNG) has a current Price-to-Book (P/B) ratio of 23.86. Compared to its 3-year average P/B ratio of 16.92 , the current P/B ratio is approximately 41.02% higher. Relative to its 5-year average P/B ratio of 12.92, the current P/B ratio is about 84.69% higher. Draftkings Inc (DKNG) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -0.90%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -2.69% , the current FCF yield is about -100.00% lower.
23.86
P/B
Median3y
16.92
Median5y
12.92
3.80
FCF Yield
Median3y
-0.90
Median5y
-2.69
Competitors Valuation Multiple
The average P/S ratio for DKNG's competitors is , providing a benchmark for relative valuation. Draftkings Inc Corp (DKNG) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 4.43%, this premium appears unsustainable.
P/S
P/E
EV/EBITDA
EV/EBIT
P/S
Revenue Growth
Market Cap
Performance Decomposition
1Y
3Y
5Y
Market capitalization of DKNG decreased by 5.40% over the past 1 year. The primary factor behind the change was an decrease in P/E Change from -61.00 to -64.92.
The secondary factor is the Revenue Growth, contributed 4.43%to the performance.
Overall, the performance of DKNG in the past 1 year is driven by P/E Change. Which is more unsustainable.
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FAQ
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