DraftKings Inc BRDR D2KN34
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.
Trading Information
- Previous Close Price
- BRL 37.56
- Day Range
- BRL 36.84–37.37
- 52-Week Range
- BRL 18.74–41.32
- Bid/Ask
- BRL 0.00 / BRL 0.00
- Market Cap
- BRL 17.70 Bil
- Volume/Avg
- 750 / 600
Key Statistics
- Price/Earnings (Normalized)
- 69.16
- Price/Sales
- 0.87
- Dividend Yield (Trailing)
- —
- Dividend Yield (Forward)
- —
- Total Yield
- 0.40%
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 Core
- Total Number of Employees
- 4,400
- Website
- https://www.draftkings.com
Competitors
Valuation
|
Metric
|
D2KN34
|
CZR
|
PENN
|
|---|---|---|---|
Price/Earnings (Normalized) | 69.16 | 161.43 | 13.50 |
Price/Book Value | 4.29 | 1.77 | 0.80 |
Price/Sales | 0.87 | 0.68 | 0.39 |
Price/Cash Flow | 35.18 | 4.57 | 3.73 |
Price/Earnings
D2KN34
CZR
PENN
Financial Strength
|
Metric
|
D2KN34
|
CZR
|
PENN
|
|---|---|---|---|
Quick Ratio | 1.05 | 0.50 | 0.89 |
Current Ratio | 1.34 | 0.69 | 1.04 |
Interest Coverage | −316.16 | 0.99 | −1.86 |
Quick Ratio
D2KN34
CZR
PENN
Profitability
|
Metric
|
D2KN34
|
CZR
|
PENN
|
|---|---|---|---|
Return on Assets (Normalized) | −5.42% | 3.03% | −0.86% |
Return on Equity (Normalized) | −22.77% | 23.22% | −3.89% |
Return on Invested Capital (Normalized) | −11.27% | 14.64% | 1.52% |
Return on Assets
D2KN34
CZR
PENN
Gambling Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
FLUT
| Flutter Entertainment PLC | — | Pdhdgr | $36.1 Bil | |
EVGGF
| Evolution AB | — | Sftk | $24.1 Bil | |
EVVTY
| Evolution AB ADR | — | Sdky | $24.1 Bil | |
DKNG
| DraftKings Inc Ordinary Shares - Class A | Thmbvlwnn | Kmb | $20.6 Bil | |
ARLUF
| Aristocrat Leisure Ltd | — | Lzqxc | $16.6 Bil | |
CHDN
| Churchill Downs Inc | — | Dpnwcbw | $10.2 Bil | |
LNW
| Light & Wonder Inc Ordinary Shares | Mcfyzdfv | Dcqdt | $8.3 Bil | |
LTRCF
| The Lottery Corp Ltd | — | Trjr | $7.5 Bil | |
LFDJF
| La Francaise Des Jeux SA Ordinary Shares | — | Znm | $6.8 Bil | |
GMVHF
| Entain PLC | — | Gjhqyh | $6.2 Bil |