COMP <GO>
CHDN vs ENHA // EV/EBITDA & P/E VALUATION
Churchill Downs Incorporated (NASDAQ) VS. Enhanced Group Inc. (Class A) (NYSE) • 15-METRIC TALLY: CHDN 6
— ENHA 0
■ METRIC PARITY
LAST: $91.16 (+11.24%) • MKT CAP: $6.25B
valuation
14.0x
LAST: $12.91 (+11.29%) • MKT CAP: $5.11B
valuation
—
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (CHDN VS. ENHA)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | CHDN | ENHA | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | — | — | — | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 9.20% | -8.30% | +17.50 | CHDN | /roic <GO> |
| EV/EBITDA & P/E Valuation ACTIVE | 14.0x | — | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.88% | -0.49% | +5.37 | CHDN | /fcf-yield <GO> |
| Operating Margin | 23.40% | — | — | TIE | /operating-margins <GO> |
| Net Profit Margin | 13.10% | — | — | TIE | /net-margins <GO> |
| Revenue Growth (YoY) | 7.00% | — | — | TIE | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.49% | 0.00% | +0.49 | CHDN | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.42 | — | — | TIE | /balance-sheet <GO> |
| Piotroski F-Score Quality | 6/9 | 2/9 | +4.00 | CHDN | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 63.9 | 35.1 | +28.83 | CHDN | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.93 | — | — | TIE | /macro-sensitivity <GO> |
| Forward P/E Multiple | 15.2x | — | — | TIE | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $6.25B | $5.11B | $1.14B | CHDN | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | CHDN REV | ENHA REV | CHDN GROSS % | ENHA GROSS % | CHDN FCF | ENHA FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $2.93B | $0 | — | — | — | -$24.8M |
| FY 2024 | $2.73B | $0 | — | — | — | -$3.1M |
| FY 2023 | $2.46B | — | — | — | — | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
CHDN // BETA 0.93
ENHA // BETA —