98.36 USD
+0.43 (+0.44%)
At close: Jan 30, 2026
98.36 USD
0 (0%)
After Hours: 1/30/2026, 8:00:00 PM
CHDN gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 132 industry peers in the Hotels, Restaurants & Leisure industry. CHDN scores excellent on profitability, but there are concerns on its financial health. CHDN is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- In the past year CHDN was profitable.
- In the past year CHDN had a positive cash flow from operations.
- CHDN had positive earnings in 4 of the past 5 years.
- Each year in the past 5 years CHDN had a positive operating cash flow.
1.2 Ratios
- The Return On Assets of CHDN (5.37%) is better than 71.21% of its industry peers.
- CHDN has a better Return On Equity (38.69%) than 87.88% of its industry peers.
- CHDN has a better Return On Invested Capital (8.04%) than 65.91% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital for CHDN is below the industry average of 10.38%.
- The 3 year average ROIC (6.83%) for CHDN is below the current ROIC(8.04%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.37% | ||
| ROE | 38.69% | ||
| ROIC | 8.04% |
ROA(3y)6.3%
ROA(5y)4.84%
ROE(3y)55.16%
ROE(5y)44.87%
ROIC(3y)6.83%
ROIC(5y)6.39%
1.3 Margins
- The Profit Margin of CHDN (13.88%) is better than 83.33% of its industry peers.
- CHDN's Profit Margin has improved in the last couple of years.
- CHDN's Operating Margin of 25.14% is amongst the best of the industry. CHDN outperforms 90.15% of its industry peers.
- In the last couple of years the Operating Margin of CHDN has grown nicely.
- CHDN has a Gross Margin of 34.10%. This is in the lower half of the industry: CHDN underperforms 70.45% of its industry peers.
- CHDN's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 25.14% | ||
| PM (TTM) | 13.88% | ||
| GM | 34.1% |
OM growth 3Y10%
OM growth 5Y9.05%
PM growth 3Y-0.21%
PM growth 5Y8.43%
GM growth 3Y3.21%
GM growth 5Y1.43%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CHDN is creating some value.
- Compared to 1 year ago, CHDN has less shares outstanding
- CHDN has less shares outstanding than it did 5 years ago.
- CHDN has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 1.49, we must say that CHDN is in the distress zone and has some risk of bankruptcy.
- CHDN has a Altman-Z score (1.49) which is comparable to the rest of the industry.
- The Debt to FCF ratio of CHDN is 19.26, which is on the high side as it means it would take CHDN, 19.26 years of fcf income to pay off all of its debts.
- Looking at the Debt to FCF ratio, with a value of 19.26, CHDN is in line with its industry, outperforming 48.48% of the companies in the same industry.
- CHDN has a Debt/Equity ratio of 4.87. This is a high value indicating a heavy dependency on external financing.
- Looking at the Debt to Equity ratio, with a value of 4.87, CHDN is doing worse than 60.61% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 4.87 | ||
| Debt/FCF | 19.26 | ||
| Altman-Z | 1.49 |
ROIC/WACC1.02
WACC7.87%
2.3 Liquidity
- CHDN has a Current Ratio of 0.57. This is a bad value and indicates that CHDN is not financially healthy enough and could expect problems in meeting its short term obligations.
- CHDN's Current ratio of 0.57 is on the low side compared to the rest of the industry. CHDN is outperformed by 71.21% of its industry peers.
- CHDN has a Quick Ratio of 0.57. This is a bad value and indicates that CHDN is not financially healthy enough and could expect problems in meeting its short term obligations.
- CHDN's Quick ratio of 0.56 is on the low side compared to the rest of the industry. CHDN is outperformed by 69.70% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.57 | ||
| Quick Ratio | 0.56 |
3. Growth
3.1 Past
- CHDN shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 5.64%.
- The Earnings Per Share has been growing by 22.64% on average over the past years. This is a very strong growth
- CHDN shows a small growth in Revenue. In the last year, the Revenue has grown by 7.97%.
- The Revenue has been growing by 15.51% on average over the past years. This is quite good.
EPS 1Y (TTM)5.64%
EPS 3Y22%
EPS 5Y22.64%
EPS Q2Q%12.37%
Revenue 1Y (TTM)7.97%
Revenue growth 3Y19.63%
Revenue growth 5Y15.51%
Sales Q2Q%8.67%
3.2 Future
- Based on estimates for the next years, CHDN will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.19% on average per year.
- The Revenue is expected to grow by 3.77% on average over the next years.
EPS Next Y8.57%
EPS Next 2Y9.65%
EPS Next 3Y8.57%
EPS Next 5Y12.19%
Revenue Next Year6.79%
Revenue Next 2Y5.27%
Revenue Next 3Y4.61%
Revenue Next 5Y3.77%
3.3 Evolution
- The estimated forward EPS growth is still strong, although it is decreasing when compared to the stronger growth in the past years.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- CHDN is valuated correctly with a Price/Earnings ratio of 15.92.
- Compared to the rest of the industry, the Price/Earnings ratio of CHDN indicates a somewhat cheap valuation: CHDN is cheaper than 77.27% of the companies listed in the same industry.
- CHDN's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 28.32.
- With a Price/Forward Earnings ratio of 13.84, CHDN is valued correctly.
- Based on the Price/Forward Earnings ratio, CHDN is valued a bit cheaper than the industry average as 79.55% of the companies are valued more expensively.
- CHDN is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 25.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 15.92 | ||
| Fwd PE | 13.84 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CHDN is on the same level as its industry peers.
- 64.39% of the companies in the same industry are more expensive than CHDN, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.87 | ||
| EV/EBITDA | 12.38 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CHDN does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of CHDN may justify a higher PE ratio.
PEG (NY)1.86
PEG (5Y)0.7
EPS Next 2Y9.65%
EPS Next 3Y8.57%
5. Dividend
5.1 Amount
- CHDN has a yearly dividend return of 0.45%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.25, CHDN has a dividend in line with its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.83, CHDN's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.45% |
5.2 History
- The dividend of CHDN is nicely growing with an annual growth rate of 7.32%!
- CHDN has been paying a dividend for at least 10 years, so it has a reliable track record.
- CHDN has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.32%
Div Incr Years14
Div Non Decr Years23
5.3 Sustainability
- 7.67% of the earnings are spent on dividend by CHDN. This is a low number and sustainable payout ratio.
- CHDN's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP7.67%
EPS Next 2Y9.65%
EPS Next 3Y8.57%
CHURCHILL DOWNS INC / CHDN FAQ
Can you provide the ChartMill fundamental rating for CHURCHILL DOWNS INC?
ChartMill assigns a fundamental rating of 5 / 10 to CHDN.
Can you provide the valuation status for CHURCHILL DOWNS INC?
ChartMill assigns a valuation rating of 5 / 10 to CHURCHILL DOWNS INC (CHDN). This can be considered as Fairly Valued.
Can you provide the profitability details for CHURCHILL DOWNS INC?
CHURCHILL DOWNS INC (CHDN) has a profitability rating of 7 / 10.
What are the PE and PB ratios of CHURCHILL DOWNS INC (CHDN) stock?
The Price/Earnings (PE) ratio for CHURCHILL DOWNS INC (CHDN) is 15.92 and the Price/Book (PB) ratio is 6.63.
What is the earnings growth outlook for CHURCHILL DOWNS INC?
The Earnings per Share (EPS) of CHURCHILL DOWNS INC (CHDN) is expected to grow by 8.57% in the next year.