WallStSmart

Churchill Downs Incorporated (CHDN)vsDoorDash, Inc. Class A Common Stock (DASH)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

DoorDash, Inc. Class A Common Stock generates 366% more annual revenue ($13.72B vs $2.95B). CHDN leads profitability with a 13.2% profit margin vs 6.8%. CHDN appears more attractively valued with a PEG of 1.57. CHDN earns a higher WallStSmart Score of 61/100 (C+).

CHDN

Buy

61

out of 100

Grade: C+

Growth: 6.0Profit: 7.5Value: 6.7Quality: 3.5
Piotroski: 4/9Altman Z: 1.04

DASH

Buy

59

out of 100

Grade: C

Growth: 10.0Profit: 5.5Value: 4.0Quality: 7.0
Piotroski: 5/9Altman Z: 1.94
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CHDNUndervalued (+72.9%)

Margin of Safety

+72.9%

Fair Value

$349.26

Current Price

$101.15

$248.11 discount

UndervaluedFair: $349.26Overvalued
DASHUndervalued (+3.0%)

Margin of Safety

+3.0%

Fair Value

$180.89

Current Price

$168.65

$12.24 discount

UndervaluedFair: $180.89Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CHDN2 strengths · Avg: 9.0/10
Return on EquityProfitability
35.0%10/10

Every $100 of equity generates 35 in profit

Operating MarginProfitability
21.7%8/10

Strong operational efficiency at 21.7%

DASH3 strengths · Avg: 9.0/10
Revenue GrowthGrowth
37.7%10/10

Revenue surging 37.7% year-over-year

Market CapQuality
$73.49B9/10

Large-cap with strong market position

EPS GrowthGrowth
47.7%8/10

Earnings expanding 47.7% YoY

Areas to Watch

CHDN4 concerns · Avg: 2.8/10
PEG RatioValuation
1.574/10

Expensive relative to growth rate

Revenue GrowthGrowth
3.1%4/10

3.1% revenue growth

Altman Z-ScoreHealth
1.042/10

Distress zone — elevated risk

Debt/EquityHealth
4.931/10

Elevated debt levels

DASH4 concerns · Avg: 3.3/10
PEG RatioValuation
1.724/10

Expensive relative to growth rate

Altman Z-ScoreHealth
1.944/10

Grey zone — moderate risk

Profit MarginProfitability
6.8%3/10

6.8% margin — thin

P/E RatioValuation
79.5x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : CHDN

The strongest argument for CHDN centers on Return on Equity, Operating Margin.

Bull Case : DASH

The strongest argument for DASH centers on Revenue Growth, Market Cap, EPS Growth. Revenue growth of 37.7% demonstrates continued momentum.

Bear Case : CHDN

The primary concerns for CHDN are PEG Ratio, Revenue Growth, Altman Z-Score. Debt-to-equity of 4.93 is elevated, increasing financial risk.

Bear Case : DASH

The primary concerns for DASH are PEG Ratio, Altman Z-Score, Profit Margin. A P/E of 79.5x leaves little room for execution misses.

Key Dynamics to Monitor

CHDN profiles as a value stock while DASH is a hypergrowth play — different risk/reward profiles.

DASH carries more volatility with a beta of 1.93 — expect wider price swings.

DASH is growing revenue faster at 37.7% — sustainability is the question.

DASH generates stronger free cash flow (254M), providing more financial flexibility.

Bottom Line

CHDN scores higher overall (61/100 vs 59/100). Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Churchill Downs Incorporated

CONSUMER CYCLICAL · GAMBLING · USA

Churchill Downs Incorporated is a gaming, online betting and racing entertainment company in the United States. The company is headquartered in Louisville, Kentucky.

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DoorDash, Inc. Class A Common Stock

CONSUMER CYCLICAL · INTERNET RETAIL · USA

DoorDash, Inc. operates a logistics platform that connects merchants, consumers, and merchants in the United States and internationally. The company is headquartered in San Francisco, California.

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