DKNG - NASDAQ
DraftKings Inc.
$25.11
-0.75%DraftKings Inc. operates a digital sports entertainment and gaming company. It offers multi-channel sports betting and gaming technologies, powering sports and gaming entertainment for operators in 17 countries. The company operates iGaming through its DraftKings brand in 5 states, as well as operates Golden Nugget Online Gaming, an iGaming product and gaming brand in 3 states. Its Sportsbook is live with mobile and/or retail betting operations in the United States pursuant to regulations in 18 states. The company's daily fantasy sports product is available in 6 countries internationally with 15 distinct sports categories. In addition, it offers DraftKings Marketplace, a digital collectibles ecosystem designed for mainstream accessibility that offers curated NFT drops and supports secondary-market transactions, as well as owns Vegas Sports Information Network (VSiN), a multi-platform broadcast and content company. DraftKings Inc. was founded in 2011 and is headquartered in Boston, Massachusetts.
At a Glance
Live SnapshotDraftKings Inc. Fair Value Envelope
Owner Earnings Valuation Tool
Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation
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DCF Valuation Summary
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Owner Earnings Projections
Operating Cash Flow - Maintenance CapEx = Owner Earnings
| Metric | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Year 6 | Year 7 | Year 8 | Year 9 | Year 10 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.1B | $1.7B | $2.7B | $4.2B | $6.7B | $10.7B | $16.9B | $26.9B | $42.7B | $67.9B |
| Maintenance CapEx | -$4.9M | -$7.7M | -$12.3M | -$19.6M | -$31.1M | -$49.4M | -$78.4M | -$124.5M | -$197.9M | -$314.3M |
| Owner Earnings | $1.0B | $1.7B | $2.6B | $4.2B | $6.7B | $10.6B | $16.8B | $26.8B | $42.5B | $67.5B |
| Discount Factor | 0.926 | 0.857 | 0.794 | 0.735 | 0.681 | 0.630 | 0.583 | 0.540 | 0.500 | 0.463 |
| Present Value | $970.5M | $1.4B | $2.1B | $3.1B | $4.5B | $6.7B | $9.8B | $14.5B | $21.3B | $31.3B |
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