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DraftKings Inc BRDR D2KN34

Morningstar Rating
BRL 32.94 +0.51 (1.57%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

D2KN34 is trading at a 390% premium.
Price
BRL 32.47
Fair Value
BRL 43.86
Uncertainty
High
1-Star Price
BRL 57.12
5-Star Price
BRL 89.75
Economic Moat
Dlqty
Capital Allocation
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Trading Information

Previous Close Price
BRL 32.43
Day Range
BRL 32.3433.09
52-Week Range
BRL 19.6241.32
Bid/Ask
BRL 0.00 / BRL 32.61
Market Cap
BRL 15.93 Bil
Volume/Avg
688 / 606

Key Statistics

Price/Earnings (Normalized)
59.71
Price/Sales
0.75
Dividend Yield (Trailing)
Dividend Yield (Forward)
Total Yield
0.45%

Company Profile

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 or retail sports betting in 27 states and iGaming in seven states, 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.
Sector
Consumer Cyclical
Industry
Gambling
Stock Style Box
Mid Growth
Total Number of Employees
4,400

Competitors

Valuation

Metric
D2KN34
MGM
CZR
Price/Earnings (Normalized)
59.7113.33137.94
Price/Book Value
3.703.681.79
Price/Sales
0.750.840.69
Price/Cash Flow
30.385.224.61
Price/Earnings
D2KN34
MGM
CZR

Financial Strength

Metric
D2KN34
MGM
CZR
Quick Ratio
1.051.230.50
Current Ratio
1.341.510.69
Interest Coverage
−316.163.660.99
Quick Ratio
D2KN34
MGM
CZR

Profitability

Metric
D2KN34
MGM
CZR
Return on Assets (Normalized)
−5.42%3.03%3.03%
Return on Equity (Normalized)
−22.77%31.53%23.22%
Return on Invested Capital (Normalized)
−11.27%4.74%14.64%
Return on Assets
D2KN34
MGM
CZR
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Gambling Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Flutter Entertainment PLC
FLUT
Kqcvf$33.1 Bil
Evolution AB
EVGGF
Tsvw$22.9 Bil
Evolution AB ADR
EVVTY
Tbxhz$22.9 Bil
Aristocrat Leisure Ltd
ARLUF
Cdfsty$19.4 Bil
DraftKings Inc Ordinary Shares - Class A
DKNG
QhmwcmzTsc$17.7 Bil
Churchill Downs Inc
CHDN
Dlvmx$9.8 Bil
Light & Wonder Inc Ordinary Shares
LNW
VjgbzlhfbXcnmc$9.0 Bil
The Lottery Corp Ltd
LTRCF
Dhqf$7.5 Bil
La Francaise Des Jeux SA Ordinary Shares
LFDJF
Hhv$6.7 Bil
Greek Organisation of Football Prognostics SA ADR
GOFPY
Cqlswp$6.0 Bil

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