Owning DraftKings' Stock Is A Big Gamble --- $DKNG
Owning DraftKings' Stock Is A Big Gamble --- $DKNG //// Let me show you how to sift through DraftKings’s income statement and statement of cash flows to understand their financials really well. We can run my discounted cash flow model together to see if the stock is a buy or a sell. We are also analyzing the financial ratios to see how they compare to their competitors. We will look at the debt of the company and equity. We will also calculate the WACC (weighted average cost of capital) so we can discount the future cash flows. Let's also look to see if the company is paying a dividend.
0:00 Opening
0:23 High Level Company Detail
2:29 Financial Review
10:32 Capital Structure
10:53 Valuation Results
12:02 More info
14:46 Financial Ratios
16:36 Competitor Analysis
17:55 Closing
If you want to understand financials like me then watch this video several times: • Part 4: Connecting the financial stat...
This video is not investment advice. It is for entertainment purposes only. It is my opinion using publicly available information. Seek a duly licensed professional for investment advice.
PATREON: / scottsstock
- DraftKings is a website or app you go to for sports gambling. In addition to betting on baseball, basketball, football and hockey. You can also place bets on Golf, NASCAR, MMA, Tennis and any others. The site also hosts fantasy sports leagues. It has a 33% market share in the US online sport betting industry. It controls 17% of the US rev in the igaming industry. In the 3rd quarter of 2021 it has 1.3mn users who spent an avg of $47 each.
- It makes $ thru fees, advertising, and partnerships w/ other companies in the sports industry. Ex: of some of their fees is the % cut it takes from tournaments & sports betting
- DraftKings was funded by a SPAC. A special purpose acquisition company is formed to raise money through an IPO then acquire a private business to help them go public. This is also known as a reverse merger or reverse takeover. The SPAC that acquired them was Diamond Eagle.
- The company is headquartered in Boston, MA and was founded in 2012
- The ticker trades on the Nasdaq, Deutsche Borse, Mexican Bolsa, Sao Paulo & LSE
SUBSCRIBE:
Please subscribe to my channel:
https://www.youtube.com/user/Rubin162...
Discord: / discord
MEMBERSHIP LEVELS:
If you'd like me to do a: (i) custom valuation for a stock of your choice for $9.99 per month or (iii) show your support for this channel for $0.99 per month, you can become a member by clicking on the link below:
/ @scottsstockduediligence
Website I use to gather financial information:
businessquant.com
CONTACT:
[email protected]
Discounted cash flow (DCF) is a valuation method used to estimate the value of an investment based on its future cash flows. DCF analysis attempts to figure out the value of an investment today, based on projections of how much money it will generate in the future.
This video is not investment advice. It is for entertainment purposes only. It is my opinion using publicly available information. Seek a duly licensed professional for investment advice.
Смотрите видео Owning DraftKings' Stock Is A Big Gamble --- $DKNG онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Scott's Stock Due Diligence 11 Февраль 2022, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 1,303 раз и оно понравилось 82 людям.