BOYD GAMING CORP (BYD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BYD - US1033041013 - Common Stock
87.47 USD
-0.56 (-0.64%)
87.47 USD
0 (0%)
BYD gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 133 industry peers in the Hotels, Restaurants & Leisure industry. While BYD has a great profitability rating, there are some minor concerns on its financial health. BYD scores decently on growth, while it is valued quite cheap. This could make an interesting combination.
1. Profitability
1.1 Basic Checks
- In the past year BYD was profitable.
- BYD had a positive operating cash flow in the past year.
- BYD had positive earnings in 4 of the past 5 years.
- BYD had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- BYD has a better Return On Assets (28.76%) than 97.74% of its industry peers.
- BYD's Return On Equity of 70.26% is amongst the best of the industry. BYD outperforms 92.48% of its industry peers.
- Looking at the Return On Invested Capital, with a value of 13.49%, BYD belongs to the top of the industry, outperforming 80.45% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for BYD is above the industry average of 10.34%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.76% | ||
| ROE | 70.26% | ||
| ROIC | 13.49% |
ROA(3y)9.69%
ROA(5y)6.89%
ROE(3y)37.43%
ROE(5y)26.09%
ROIC(3y)13.71%
ROIC(5y)11.32%
1.3 Margins
- BYD has a better Profit Margin (46.02%) than 98.50% of its industry peers.
- BYD's Profit Margin has improved in the last couple of years.
- Looking at the Operating Margin, with a value of 23.11%, BYD belongs to the top of the industry, outperforming 87.22% of the companies in the same industry.
- In the last couple of years the Operating Margin of BYD has grown nicely.
- BYD has a Gross Margin of 50.78%. This is comparable to the rest of the industry: BYD outperforms 59.40% of its industry peers.
- In the last couple of years the Gross Margin of BYD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.11% | ||
| PM (TTM) | 46.02% | ||
| GM | 50.78% |
OM growth 3Y-4.44%
OM growth 5Y10.94%
PM growth 3Y2.23%
PM growth 5Y25.42%
GM growth 3Y-3.19%
GM growth 5Y1.76%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), BYD is creating some value.
- BYD has less shares outstanding than it did 1 year ago.
- Compared to 5 years ago, BYD has less shares outstanding
- BYD has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.66 indicates that BYD is not a great score, but indicates only limited risk for bankruptcy at the moment.
- BYD has a better Altman-Z score (2.66) than 70.68% of its industry peers.
- BYD has a debt to FCF ratio of 4.59. This is a neutral value as BYD would need 4.59 years to pay back of all of its debts.
- BYD has a better Debt to FCF ratio (4.59) than 76.69% of its industry peers.
- BYD has a Debt/Equity ratio of 0.71. This is a neutral value indicating BYD is somewhat dependend on debt financing.
- With a decent Debt to Equity ratio value of 0.71, BYD is doing good in the industry, outperforming 63.91% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 2.66 |
ROIC/WACC1.69
WACC7.97%
2.3 Liquidity
- A Current Ratio of 0.51 indicates that BYD may have some problems paying its short term obligations.
- With a Current ratio value of 0.51, BYD is not doing good in the industry: 74.44% of the companies in the same industry are doing better.
- BYD has a Quick Ratio of 0.51. This is a bad value and indicates that BYD is not financially healthy enough and could expect problems in meeting its short term obligations.
- BYD has a worse Quick ratio (0.49) than 72.18% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
- BYD shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 14.35%, which is quite good.
- Measured over the past years, BYD shows a very strong growth in Earnings Per Share. The EPS has been growing by 29.85% on average per year.
- Looking at the last year, BYD shows a small growth in Revenue. The Revenue has grown by 5.91% in the last year.
- Measured over the past years, BYD shows a small growth in Revenue. The Revenue has been growing by 3.39% on average per year.
EPS 1Y (TTM)14.35%
EPS 3Y8.67%
EPS 5Y29.85%
EPS Q2Q%13.16%
Revenue 1Y (TTM)5.91%
Revenue growth 3Y5.26%
Revenue growth 5Y3.39%
Sales Q2Q%4.49%
3.2 Future
- The Earnings Per Share is expected to grow by 7.55% on average over the next years.
- BYD is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.72% yearly.
EPS Next Y9.01%
EPS Next 2Y7.91%
EPS Next 3Y7.55%
EPS Next 5YN/A
Revenue Next Year2.95%
Revenue Next 2Y0.86%
Revenue Next 3Y1.72%
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
- BYD is valuated correctly with a Price/Earnings ratio of 12.20.
- Compared to the rest of the industry, the Price/Earnings ratio of BYD indicates a rather cheap valuation: BYD is cheaper than 85.71% of the companies listed in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.30, BYD is valued rather cheaply.
- With a Price/Forward Earnings ratio of 11.43, the valuation of BYD can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, BYD is valued cheaply inside the industry as 86.47% of the companies are valued more expensively.
- BYD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 24.04.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.2 | ||
| Fwd PE | 11.43 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BYD is valued cheaply inside the industry as 88.72% of the companies are valued more expensively.
- 80.45% of the companies in the same industry are more expensive than BYD, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.57 | ||
| EV/EBITDA | 6.87 |
4.3 Compensation for Growth
- The PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
- The excellent profitability rating of BYD may justify a higher PE ratio.
PEG (NY)1.35
PEG (5Y)0.41
EPS Next 2Y7.91%
EPS Next 3Y7.55%
5. Dividend
5.1 Amount
- BYD has a yearly dividend return of 0.82%, which is pretty low.
- Compared to an average industry Dividend Yield of 6.32, BYD pays a bit more dividend than its industry peers.
- With a Dividend Yield of 0.82, BYD pays less dividend than the S&P500 average, which is at 1.92.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
5.2 History
- On average, the dividend of BYD grows each year by 21.48%, which is quite nice.
- BYD has paid a dividend for at least 10 years, which is a reliable track record.
- BYD has decreased its dividend in the last 3 years.
Dividend Growth(5Y)21.48%
Div Incr Years2
Div Non Decr Years2
5.3 Sustainability
- 3.15% of the earnings are spent on dividend by BYD. This is a low number and sustainable payout ratio.
- BYD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP3.15%
EPS Next 2Y7.91%
EPS Next 3Y7.55%
87.47
-0.56 (-0.64%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)10-23 2025-10-23/amc
Earnings (Next)02-05 2026-02-05/amc
Inst Owners72.18%
Inst Owner Change-0.14%
Ins Owners22.33%
Ins Owner Change-9.47%
Market Cap6.83B
Revenue(TTM)4.07B
Net Income(TTM)1.87B
Analysts73.33
Price Target93.36 (6.73%)
Short Float %6.01%
Short Ratio3.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.82% |
Yearly Dividend0.68
Dividend Growth(5Y)21.48%
DP3.15%
Div Incr Years2
Div Non Decr Years2
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.22%
Min EPS beat(2)4.34%
Max EPS beat(2)12.09%
EPS beat(4)4
Avg EPS beat(4)7.81%
Min EPS beat(4)4.34%
Max EPS beat(4)12.09%
EPS beat(8)7
Avg EPS beat(8)6.57%
EPS beat(12)9
Avg EPS beat(12)5.77%
EPS beat(16)13
Avg EPS beat(16)6.68%
Revenue beat(2)2
Avg Revenue beat(2)9.37%
Min Revenue beat(2)4.81%
Max Revenue beat(2)13.94%
Revenue beat(4)4
Avg Revenue beat(4)5.32%
Min Revenue beat(4)0.68%
Max Revenue beat(4)13.94%
Revenue beat(8)7
Avg Revenue beat(8)3.95%
Revenue beat(12)10
Avg Revenue beat(12)3.65%
Revenue beat(16)14
Avg Revenue beat(16)3.27%
PT rev (1m)0.37%
PT rev (3m)1.33%
EPS NQ rev (1m)0.62%
EPS NQ rev (3m)-1.64%
EPS NY rev (1m)0%
EPS NY rev (3m)2.32%
Revenue NQ rev (1m)2.79%
Revenue NQ rev (3m)11.78%
Revenue NY rev (1m)0.42%
Revenue NY rev (3m)5.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.2 | ||
| Fwd PE | 11.43 | ||
| P/S | 1.68 | ||
| P/FCF | 16.57 | ||
| P/OCF | 7.09 | ||
| P/B | 2.56 | ||
| P/tB | 20.84 | ||
| EV/EBITDA | 6.87 |
EPS(TTM)7.17
EY8.2%
EPS(NY)7.65
Fwd EY8.75%
FCF(TTM)5.28
FCFY6.04%
OCF(TTM)12.33
OCFY14.1%
SpS52.11
BVpS34.13
TBVpS4.2
PEG (NY)1.35
PEG (5Y)0.41
Graham Number74.2
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.76% | ||
| ROE | 70.26% | ||
| ROCE | 16.95% | ||
| ROIC | 13.49% | ||
| ROICexc | 14.32% | ||
| ROICexgc | 25.89% | ||
| OM | 23.11% | ||
| PM (TTM) | 46.02% | ||
| GM | 50.78% | ||
| FCFM | 10.13% |
ROA(3y)9.69%
ROA(5y)6.89%
ROE(3y)37.43%
ROE(5y)26.09%
ROIC(3y)13.71%
ROIC(5y)11.32%
ROICexc(3y)14.47%
ROICexc(5y)11.99%
ROICexgc(3y)25.84%
ROICexgc(5y)21.38%
ROCE(3y)17.23%
ROCE(5y)14.22%
ROICexgc growth 3Y-0.73%
ROICexgc growth 5Y16.07%
ROICexc growth 3Y-0.21%
ROICexc growth 5Y16.3%
OM growth 3Y-4.44%
OM growth 5Y10.94%
PM growth 3Y2.23%
PM growth 5Y25.42%
GM growth 3Y-3.19%
GM growth 5Y1.76%
F-Score6
Asset Turnover0.63
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.59 | ||
| Debt/EBITDA | 1.54 | ||
| Cap/Depr | 190.24% | ||
| Cap/Sales | 13.54% | ||
| Interest Coverage | 5.48 | ||
| Cash Conversion | 78.31% | ||
| Profit Quality | 22.01% | ||
| Current Ratio | 0.51 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 2.66 |
F-Score6
WACC7.97%
ROIC/WACC1.69
Cap/Depr(3y)131.54%
Cap/Depr(5y)106.28%
Cap/Sales(3y)9.25%
Cap/Sales(5y)8.34%
Profit Quality(3y)98.02%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)14.35%
EPS 3Y8.67%
EPS 5Y29.85%
EPS Q2Q%13.16%
EPS Next Y9.01%
EPS Next 2Y7.91%
EPS Next 3Y7.55%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y5.26%
Revenue growth 5Y3.39%
Sales Q2Q%4.49%
Revenue Next Year2.95%
Revenue Next 2Y0.86%
Revenue Next 3Y1.72%
Revenue Next 5YN/A
EBIT growth 1Y0.58%
EBIT growth 3Y0.59%
EBIT growth 5Y14.71%
EBIT Next Year33.84%
EBIT Next 3Y10.41%
EBIT Next 5YN/A
FCF growth 1Y-27.68%
FCF growth 3Y-11.78%
FCF growth 5Y10.27%
OCF growth 1Y1.91%
OCF growth 3Y-1.79%
OCF growth 5Y11.76%
BOYD GAMING CORP / BYD FAQ
What is the fundamental rating for BYD stock?
ChartMill assigns a fundamental rating of 6 / 10 to BYD.
Can you provide the valuation status for BOYD GAMING CORP?
ChartMill assigns a valuation rating of 8 / 10 to BOYD GAMING CORP (BYD). This can be considered as Undervalued.
How profitable is BOYD GAMING CORP (BYD) stock?
BOYD GAMING CORP (BYD) has a profitability rating of 8 / 10.
What is the valuation of BOYD GAMING CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for BOYD GAMING CORP (BYD) is 12.2 and the Price/Book (PB) ratio is 2.56.
How financially healthy is BOYD GAMING CORP?
The financial health rating of BOYD GAMING CORP (BYD) is 4 / 10.