Draftkings TTM revenues are at ~1b and their market cap is at 24 billion at the moment. A 24x revenue multiple.
Apply this to VGW and we have a valuation of 48b assuming FY revenue of 2b. I personally think revenues will be about 2.5b.
We are currently trading at ~3b, shows how cheap we are and the room we have to move (upside). I'm looking forward to VGWs growth (financials, dividends) over the short to medium term
