Is BRSL or CHDN more undervalued in 2026?

CirclFi compares Brightstar Lottery PLC Trading (BRSL) and Churchill Downs, Incorporated (CHDN) using 13 institutional-grade valuation models. BRSL has a Quality of Company score of 2.5/10 while CHDN scores 9.0/10.

Which is a better buy — BRSL or CHDN?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do BRSL and CHDN valuations compare?

BRSL at $11.18 and CHDN at $88.43 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

BRSL vs CHDN Valuation Comparison 2026 — Intrinsic Value Analysis

BRSL

Gambling

Brightstar Lottery PLC Trading

Quality

2.5

out of 10

Value Trap

—

Price

$11.18

Last close

Models

11/13

Active

CHDN

Gambling

Churchill Downs, Incorporated

Quality

9.0

out of 10

Value Trap

LOW

Price

$88.43

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	BRSL Fair Value	BRSL Upside	CHDN Fair Value	CHDN Upside
Bayesian DCF	Intrinsic	$2.48	-77.8%	$51.59	-41.7%
EROIC Spread	Intrinsic	$5.45	-57.4%	$9.93	-88.8%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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BRSL vs CHDN — Which Stock Is More Undervalued?

CHDN scores higher with a 9.0/10 quality rating vs BRSL's 2.5/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Brightstar Lottery PLC Trading (BRSL) and Churchill Downs, Incorporated (CHDN) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

BRSL currently trades at $11.18 with a QOC of 2.5/10, while CHDN trades at $88.43 with a QOC of 9.0/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).