BOYD GAMING CORP (BYD) Stock Fundamental Analysis
USA - NYSE:BYD - US1033041013 - Common Stock
80.62 USD
+0.58 (+0.72%)
Taking everything into account, BYD scores 5 out of 10 in our fundamental rating. BYD was compared to 132 industry peers in the Hotels, Restaurants & Leisure industry. BYD scores excellent on profitability, but there are concerns on its financial health. A decent growth rate in combination with a cheap valuation! Better keep an eye on BYD.
1. Profitability
1.1 Basic Checks
BYD had positive earnings in the past year.
In the past year BYD had a positive cash flow from operations.
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
With an excellent Return On Assets value of 8.60%, BYD belongs to the best of the industry, outperforming 81.06% of the companies in the same industry.
BYD's Return On Equity of 40.51% is amongst the best of the industry. BYD outperforms 87.88% of its industry peers.
BYD's Return On Invested Capital of 12.83% is amongst the best of the industry. BYD outperforms 80.30% of its industry peers.
BYD had an Average Return On Invested Capital over the past 3 years of 13.71%. This is above the industry average of 10.77%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.6% | ||
| ROE | 40.51% | ||
| ROIC | 12.83% |
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's Profit Margin of 14.02% is amongst the best of the industry. BYD outperforms 84.85% of its industry peers.
In the last couple of years the Profit Margin of BYD has grown nicely.
Looking at the Operating Margin, with a value of 23.73%, BYD belongs to the top of the industry, outperforming 87.12% of the companies in the same industry.
In the last couple of years the Operating Margin of BYD has grown nicely.
BYD has a better Gross Margin (51.60%) than 60.61% of its industry peers.
In the last couple of years the Gross Margin of BYD has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.73% | ||
| PM (TTM) | 14.02% | ||
| GM | 51.6% |
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.
The number of shares outstanding for BYD has been reduced compared to 5 years ago.
The debt/assets ratio for BYD is higher compared to a year ago.
2.2 Solvency
BYD has an Altman-Z score of 2.12. This is not the best score and indicates that BYD is in the grey zone with still only limited risk for bankruptcy at the moment.
BYD has a Altman-Z score (2.12) which is comparable to the rest of the industry.
The Debt to FCF ratio of BYD is 8.45, which is on the high side as it means it would take BYD, 8.45 years of fcf income to pay off all of its debts.
BYD has a Debt to FCF ratio of 8.45. This is in the better half of the industry: BYD outperforms 65.15% of its industry peers.
A Debt/Equity ratio of 2.53 is on the high side and indicates that BYD has dependencies on debt financing.
The Debt to Equity ratio of BYD (2.53) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 8.45 | ||
| Altman-Z | 2.12 |
ROIC/WACC1.64
WACC7.8%
2.3 Liquidity
BYD has a Current Ratio of 0.86. This is a bad value and indicates that BYD is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.86, BYD perfoms like the industry average, outperforming 46.21% of the companies in the same industry.
BYD has a Quick Ratio of 0.86. 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 Quick ratio of 0.82. This is comparable to the rest of the industry: BYD outperforms 48.48% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.82 |
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.
BYD shows a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 29.85% yearly.
Looking at the last year, BYD shows a small growth in Revenue. The Revenue has grown by 5.91% in the last year.
The Revenue has been growing slightly by 3.39% on average over the past years.
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
BYD is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.89% yearly.
Based on estimates for the next years, BYD will show a decrease in Revenue. The Revenue will decrease by -2.01% on average per year.
EPS Next Y8.03%
EPS Next 2Y10.47%
EPS Next 3Y9.89%
EPS Next 5YN/A
Revenue Next Year-2.14%
Revenue Next 2Y-3.18%
Revenue Next 3Y-2.01%
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
The Price/Earnings ratio is 11.24, which indicates a very decent valuation of BYD.
BYD's Price/Earnings ratio is rather cheap when compared to the industry. BYD is cheaper than 85.61% of the companies in the same industry.
BYD is valuated cheaply when we compare the Price/Earnings ratio to 25.67, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 10.05, the valuation of BYD can be described as very reasonable.
Based on the Price/Forward Earnings ratio, BYD is valued cheaper than 85.61% of the companies in the same industry.
BYD's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 31.86.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 10.05 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of BYD indicates a somewhat cheap valuation: BYD is cheaper than 78.03% of the companies listed in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of BYD indicates a rather cheap valuation: BYD is cheaper than 81.06% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 15.31 | ||
| EV/EBITDA | 7.78 |
4.3 Compensation for Growth
BYD's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
BYD has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)1.4
PEG (5Y)0.38
EPS Next 2Y10.47%
EPS Next 3Y9.89%
5. Dividend
5.1 Amount
With a yearly dividend of 0.93%, BYD is not a good candidate for dividend investing.
BYD's Dividend Yield is a higher than the industry average which is at 4.11.
Compared to an average S&P500 Dividend Yield of 2.40, BYD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
5.2 History
On average, the dividend of BYD grows each year by 21.48%, which is quite nice.
BYD has been paying a dividend for at least 10 years, so it has 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
BYD pays out 10.64% of its income as dividend. This is a sustainable payout ratio.
BYD's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP10.64%
EPS Next 2Y10.47%
EPS Next 3Y9.89%
NYSE:BYD (11/7/2025, 10:49:27 AM)
80.62
+0.58 (+0.72%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners72.66%
Inst Owner Change-0.83%
Ins Owners21.81%
Ins Owner Change-8.77%
Market Cap6.46B
Revenue(TTM)4.07B
Net Income(TTM)564.51M
Analysts74.74
Price Target94.31 (16.98%)
Short Float %5.64%
Short Ratio3.68
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.93% |
Yearly Dividend0.68
Dividend Growth(5Y)21.48%
DP10.64%
Div Incr Years2
Div Non Decr Years2
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)8.91%
Min EPS beat(2)5.72%
Max EPS beat(2)12.09%
EPS beat(4)4
Avg EPS beat(4)9.04%
Min EPS beat(4)5.72%
Max EPS beat(4)12.09%
EPS beat(8)6
Avg EPS beat(8)4.96%
EPS beat(12)9
Avg EPS beat(12)6.35%
EPS beat(16)13
Avg EPS beat(16)6.58%
Revenue beat(2)2
Avg Revenue beat(2)2.75%
Min Revenue beat(2)0.68%
Max Revenue beat(2)4.81%
Revenue beat(4)4
Avg Revenue beat(4)2.9%
Min Revenue beat(4)0.68%
Max Revenue beat(4)4.81%
Revenue beat(8)7
Avg Revenue beat(8)2.4%
Revenue beat(12)10
Avg Revenue beat(12)2.62%
Revenue beat(16)13
Avg Revenue beat(16)2.36%
PT rev (1m)2.36%
PT rev (3m)7.1%
EPS NQ rev (1m)4.95%
EPS NQ rev (3m)5.51%
EPS NY rev (1m)1.4%
EPS NY rev (3m)7.54%
Revenue NQ rev (1m)0.49%
Revenue NQ rev (3m)-2.5%
Revenue NY rev (1m)0.21%
Revenue NY rev (3m)0.03%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.24 | ||
| Fwd PE | 10.05 | ||
| P/S | 1.6 | ||
| P/FCF | 15.31 | ||
| P/OCF | 6.77 | ||
| P/B | 4.64 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.78 |
EPS(TTM)7.17
EY8.89%
EPS(NY)8.02
Fwd EY9.95%
FCF(TTM)5.27
FCFY6.53%
OCF(TTM)11.9
OCFY14.77%
SpS50.23
BVpS17.38
TBVpS-11.84
PEG (NY)1.4
PEG (5Y)0.38
Graham Number52.95
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.6% | ||
| ROE | 40.51% | ||
| ROCE | 16.11% | ||
| ROIC | 12.83% | ||
| ROICexc | 13.56% | ||
| ROICexgc | 23.28% | ||
| OM | 23.73% | ||
| PM (TTM) | 14.02% | ||
| GM | 51.6% | ||
| FCFM | 10.48% |
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-Score7
Asset Turnover0.61
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2.53 | ||
| Debt/FCF | 8.45 | ||
| Debt/EBITDA | 2.84 | ||
| Cap/Depr | 186.18% | ||
| Cap/Sales | 13.21% | ||
| Interest Coverage | 5.18 | ||
| Cash Conversion | 76.87% | ||
| Profit Quality | 74.81% | ||
| Current Ratio | 0.86 | ||
| Quick Ratio | 0.82 | ||
| Altman-Z | 2.12 |
F-Score7
WACC7.8%
ROIC/WACC1.64
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 Y8.03%
EPS Next 2Y10.47%
EPS Next 3Y9.89%
EPS Next 5YN/A
Revenue 1Y (TTM)5.91%
Revenue growth 3Y5.26%
Revenue growth 5Y3.39%
Sales Q2Q%4.49%
Revenue Next Year-2.14%
Revenue Next 2Y-3.18%
Revenue Next 3Y-2.01%
Revenue Next 5YN/A
EBIT growth 1Y2.42%
EBIT growth 3Y0.59%
EBIT growth 5Y14.71%
EBIT Next Year31.72%
EBIT Next 3Y9.97%
EBIT Next 5YN/A
FCF growth 1Y-34.15%
FCF growth 3Y-11.78%
FCF growth 5Y10.27%
OCF growth 1Y-2.92%
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 5 / 10 to BYD.
What is the valuation status for BYD stock?
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 expected EPS growth for BOYD GAMING CORP (BYD) stock?
The Earnings per Share (EPS) of BOYD GAMING CORP (BYD) is expected to grow by 8.03% in the next year.
Can you provide the dividend sustainability for BYD stock?
The dividend rating of BOYD GAMING CORP (BYD) is 4 / 10 and the dividend payout ratio is 10.64%.