GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » DraftKings Inc (NAS:DKNG) » Definitions » EV-to-EBITDA

DraftKings (DraftKings) EV-to-EBITDA : -33.82 (As of May. 01, 2024)


View and export this data going back to 2020. Start your Free Trial

What is DraftKings EV-to-EBITDA?

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, DraftKings's enterprise value is $19,840 Mil. DraftKings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $-587 Mil. Therefore, DraftKings's EV-to-EBITDA for today is -33.82.

The historical rank and industry rank for DraftKings's EV-to-EBITDA or its related term are showing as below:

DKNG' s EV-to-EBITDA Range Over the Past 10 Years
Min: -77.05   Med: -15.68   Max: -2.58
Current: -33.82

During the past 7 years, the highest EV-to-EBITDA of DraftKings was -2.58. The lowest was -77.05. And the median was -15.68.

DKNG's EV-to-EBITDA is ranked worse than
100% of 676 companies
in the Travel & Leisure industry
Industry Median: 11.455 vs DKNG: -33.82

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2024-05-01), DraftKings's stock price is $41.82. DraftKings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 was $-1.750. Therefore, DraftKings's PE Ratio for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio.


DraftKings EV-to-EBITDA Historical Data

The historical data trend for DraftKings's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DraftKings EV-to-EBITDA Chart

DraftKings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBITDA
Get a 7-Day Free Trial - -21.83 -7.44 -4.05 -28.53

DraftKings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -4.05 -7.73 -13.06 -17.69 -28.53

Competitive Comparison of DraftKings's EV-to-EBITDA

For the Gambling subindustry, DraftKings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DraftKings's EV-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, DraftKings's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DraftKings's EV-to-EBITDA falls into.



DraftKings EV-to-EBITDA Calculation

DraftKings's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=19839.958/-586.654
=-33.82

DraftKings's current Enterprise Value is $19,840 Mil.
DraftKings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-587 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


DraftKings  (NAS:DKNG) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

DraftKings's PE Ratio for today is calculated as:

PE Ratio=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=41.82/-1.750
=At Loss

DraftKings's share price for today is $41.82.
DraftKings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-1.750.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio.

Please read Which price ratio outperforms the enterprise multiple?


DraftKings EV-to-EBITDA Related Terms

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


DraftKings (DraftKings) Business Description

Traded in Other Exchanges
Address
222 Berkeley Street, 5th Floor, Boston, MA, USA, 02116
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.
Executives
Jason Robins director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Matthew Kalish director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Paul Liberman director, officer: See Remarks 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
R Stanton Dodge officer: Chief Legal Officer ECHOSTAR CORPORATION, 100 INVERNESS TERRACE EAST, ENGLEWOOD CO 80112
Jason Park officer: Chief Financial Officer 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Erik Bradbury officer: Chief Accounting Officer 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Marni M Walden director 1095 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10036
Shalom Meckenzie director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Ryan R Moore director 56 WAREHAM STREET, 3RD FLOOR, BOSTON MA 02118
Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Steven Joseph Murray director C/O SOFTBANK CAPITAL, 38 GLEN AVENUE, NEWTON MA 02459
Woodrow Levin director 535 MISSION STREET, 11TH FLOOR, SAN FRANSISCO CA 941105
Harry Sloan director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Valerie Mosley director TWO INTERNATIONAL PLACE, BOSTON MA 02110
Hany M Nada director 800 MARKET STREET #800 SAN FRANCISCO CA 94102