Using the industry peer median P/E Multiples multiple (trailing + forward), DraftKings Inc. (DKNG) has a fair value of $2.46 based on 6 comparable companies in the Gambling, Resorts & Casinos industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing P/E | Forward P/E | |
|---|---|---|---|
| DraftKings Inc.DKNG | 12,412 | — | 104.6x |
| Packaging Corporation of America | 18,324 | 23.9x | 20.7x |
| Yum China Holdings, Inc. | 17,076 | 19.3x | 20.9x |
| Magna International Inc. | 15,242 | 18.3x | 10.5x |
| Best Buy Co., Inc. | 13,452 | 12.7x | 9.9x |
| Domino's Pizza, Inc. | 12,805 | 21.7x | 19.2x |
| Wynn Resorts, Limited | 10,711 | 32.7x | 20.0x |
| Industry Median | 20.5x | 19.6x | |
| (*) Profit after tax | 4 | 119 | |
| Equity Value | 76 | 2,368 | |
| (/) Outstanding shares | 496 | 496 | |
| Fair Price | $0 | $5 | |
Using the industry peer median EV/EBITDA multiple (trailing + forward), DraftKings Inc. (DKNG) has a fair value of $5.71 based on 6 comparable companies in the Gambling, Resorts & Casinos industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/EBITDA | Forward EV/EBITDA | |
|---|---|---|---|
| DraftKings Inc.DKNG | 12,412 | 49.1x | 43.5x |
| Packaging Corporation of America | 18,324 | 12.6x | 12.5x |
| Yum China Holdings, Inc. | 17,076 | 10.4x | 10.8x |
| Magna International Inc. | 15,242 | 5.7x | 5.8x |
| Best Buy Co., Inc. | 13,452 | 6.9x | 6.9x |
| Domino's Pizza, Inc. | 12,805 | 16.6x | 15.5x |
| Wynn Resorts, Limited | 10,711 | 12.2x | 12.4x |
| Industry Median | 11.3x | 11.6x | |
| (*) EBITDA | 260 | 293 | |
| = Enterprise Value | 2,937 | 3,388 | |
| (-) Net Debt | 330 | 330 | |
| Equity Value | 2,608 | 3,058 | |
| (/) Outstanding shares | 496 | 496 | |
| Fair Price | $5 | $6 | |
Using the industry peer median EV/Revenue multiple (trailing + forward), DraftKings Inc. (DKNG) has a fair value of $25.88 based on 8 comparable companies in the Gambling, Resorts & Casinos industry.
USD in millions except Fair Price. Subject company highlighted.
| Mkt Cap ($M) | Trailing EV/Revenue | Forward EV/Revenue | |
|---|---|---|---|
| DraftKings Inc.DKNG | 12,412 | 2.1x | 1.9x |
| Rivian Automotive, Inc. | 18,915 | 4.1x | 3.1x |
| Packaging Corporation of America | 18,324 | 2.5x | 2.4x |
| Yum China Holdings, Inc. | 17,076 | 1.6x | 1.7x |
| Magna International Inc. | 15,242 | 0.5x | 0.5x |
| Best Buy Co., Inc. | 13,452 | 0.4x | 0.4x |
| Domino's Pizza, Inc. | 12,805 | 3.6x | 3.3x |
| Wynn Resorts, Limited | 10,711 | 3.0x | 3.0x |
| Wayfair Inc. | 9,407 | 1.0x | 0.9x |
| Industry Median | 2.0x | 2.1x | |
| (*) Revenue | 6,055 | 6,822 | |
| = Enterprise Value | 12,317 | 14,013 | |
| (-) Net Debt | 330 | 330 | |
| Equity Value | 11,988 | 13,684 | |
| (/) Outstanding shares | 496 | 496 | |
| Fair Price | $24 | $28 | |
Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.