Company Valuation: DraftKings Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 11,165 5,112 16,435 18,140 17,153 12,066 - -
Change - -54.21% 221.48% 10.37% -5.44% -29.66% - -
Enterprise Value (EV) 1 10,261 5,054 16,407 18,608 17,861 12,598 12,013 11,061
Change - -50.74% 224.61% 13.42% -4.01% -29.47% -4.65% -7.92%
P/E -7.27x -3.6x -20.4x -35.4x 3,446x 94.9x 26.5x 14.4x
PBR 6.67x 3.88x 19.8x 18x 27x 16.4x 10.7x 6.74x
PEG - 0.2x 0.5x 0.9x -34x 0x 0x 0.2x
Capitalization / Revenue 8.62x 2.28x 4.48x 3.8x 2.83x 1.79x 1.58x 1.38x
EV / Revenue 7.92x 2.26x 4.48x 3.9x 2.95x 1.87x 1.57x 1.27x
EV / EBITDA -15.2x -7x -109x 103x 28.8x 16.8x 10.4x 6.77x
EV / EBIT -6.57x -3.34x -20.8x -30.6x -1,129x 89.3x 22.1x 11.2x
EV / FCF -23.6x -7.68x -724x 45.7x 27.6x 20.2x 11.5x 8.04x
FCF Yield -4.24% -13% -0.14% 2.19% 3.63% 4.96% 8.66% 12.4%
Dividend per Share 2 - - - - - - - -
Rate of return - - - - - - - -
EPS 2 -3.78 -3.16 -1.73 -1.05 0.01 0.2514 0.9015 1.658
Distribution rate - - - - - - - -
Net sales 1 1,296 2,240 3,665 4,768 6,055 6,753 7,631 8,718
EBITDA 1 -676.1 -721.8 -151 181.3 620 751.8 1,157 1,633
EBIT 1 -1,562 -1,512 -789.2 -609 -15.82 141 543.3 988.8
Net income 1 -1,523 -1,378 -802.1 -507.3 3.71 121.4 447 827.6
Net Debt 1 -904.4 -58.07 -28.44 468.1 708.1 532.3 -52.89 -1,005
Reference price 2 27.47 11.39 35.25 37.20 34.46 23.85 23.85 23.85
Nbr of stocks (in thousands) 4,06,453 4,48,848 4,66,242 4,87,628 4,97,773 4,96,129 - -
Announcement Date 18/02/22 16/02/23 15/02/24 13/02/25 12/02/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
96.72x1.86x16.7x-.--% 1.21TCr
24.35x6.26x14.67x1.61% 2.61TCr
46.4x1.58x10.26x-.--% 1.85TCr
13.08x2.15x7.66x4.81% 1.79TCr
12.15x5.5x8.36x4.22% 1.42TCr
12.04x2.33x8.3x7.55% 1.38TCr
35.5x3.91x19.45x2.88% 873.67Cr
17.15x3.29x8.23x2.28% 665.51Cr
13.04x2.28x7.83x0.87% 655.37Cr
Average 30.05x 3.24x 11.27x 2.69% 1.38TCr
Weighted average by Cap. 30.06x 3.49x 11.41x 2.72%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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