BOYD GAMING CORP (BYD) Stock Fundamental Analysis
NYSE:BYD • US1033041013
84.93 USD
-0.27 (-0.32%)
At close: Feb 25, 2026
84.93 USD
0 (0%)
After Hours: 2/25/2026, 7:00:00 PM
We assign a fundamental rating of 5 out of 10 to BYD. BYD was compared to 126 industry peers in the Hotels, Restaurants & Leisure industry. BYD scores excellent on profitability, but there are concerns on its financial health. BYD may be a bit undervalued, certainly considering the very reasonable score on growth
1. Profitability
1.1 Basic Checks
- In the past year BYD was profitable.
- In the past year BYD had a positive cash flow from operations.
- Each year in the past 5 years BYD has been profitable.
- Of the past 5 years BYD 4 years had a positive operating cash flow.
1.2 Ratios
- With an excellent Return On Assets value of 28.76%, BYD belongs to the best of the industry, outperforming 97.62% of the companies in the same industry.
- BYD has a Return On Equity of 70.26%. This is amongst the best in the industry. BYD outperforms 93.65% of its industry peers.
- With a decent Return On Invested Capital value of 13.20%, BYD is doing good in the industry, outperforming 78.57% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.76% | ||
| ROE | 70.26% | ||
| ROIC | 13.2% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
- With an excellent Profit Margin value of 46.02%, BYD belongs to the best of the industry, outperforming 98.41% of the companies in the same industry.
- In the last couple of years the Profit Margin of BYD has grown nicely.
- The Operating Margin of BYD (23.11%) is better than 84.92% of its industry peers.
- BYD's Operating Margin has improved in the last couple of years.
- BYD has a Gross Margin (50.78%) which is comparable to the rest of the industry.
- In the last couple of years the Gross Margin of BYD has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 23.11% | ||
| PM (TTM) | 46.02% | ||
| GM | 50.78% |
OM growth 3Y-8.95%
OM growth 5Y19.8%
PM growth 3Y35.81%
PM growth 5YN/A
GM growth 3Y-3.99%
GM growth 5Y-1.11%
2. Health
2.1 Basic Checks
- BYD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- There is no outstanding debt for BYD. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
2.2 Solvency
- BYD has an Altman-Z score of 2.63. 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 better Altman-Z score (2.63) than 70.63% of its industry peers.
- The Debt to FCF ratio of BYD is 4.59, which is a neutral value as it means it would take BYD, 4.59 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 4.59, BYD is doing good in the industry, outperforming 74.60% of the companies in the same industry.
- A Debt/Equity ratio of 0.71 indicates that BYD is somewhat dependend on debt financing.
- BYD has a Debt to Equity ratio of 0.71. This is in the better half of the industry: BYD outperforms 61.11% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 4.59 | ||
| Altman-Z | 2.63 |
ROIC/WACC1.76
WACC7.51%
2.3 Liquidity
- A Current Ratio of 0.51 indicates that BYD may have some problems paying its short term obligations.
- BYD's Current ratio of 0.51 is on the low side compared to the rest of the industry. BYD is outperformed by 80.16% of its industry peers.
- 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 76.98% 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 12.94%, which is quite good.
- Measured over the past 5 years, BYD shows a small growth in Earnings Per Share. The EPS has been growing by 6.86% on average per year.
- The Revenue has been growing slightly by 4.12% in the past year.
- The Revenue has been growing by 13.44% on average over the past years. This is quite good.
EPS 1Y (TTM)12.94%
EPS 3Y6.86%
EPS 5YN/A
EPS Q2Q%12.76%
Revenue 1Y (TTM)4.12%
Revenue growth 3Y4.8%
Revenue growth 5Y13.44%
Sales Q2Q%2.03%
3.2 Future
- BYD is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.72% yearly.
- The Revenue is expected to grow by 3.26% on average over the next years.
EPS Next Y5.47%
EPS Next 2Y6.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.75%
Revenue Next 2Y2.68%
Revenue Next 3Y3.26%
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 stable.
- 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
- With a Price/Earnings ratio of 11.45, the valuation of BYD can be described as very reasonable.
- 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.
- When comparing the Price/Earnings ratio of BYD to the average of the S&P500 Index (27.05), we can say BYD is valued rather cheaply.
- With a Price/Forward Earnings ratio of 10.85, the valuation of BYD can be described as very reasonable.
- Based on the Price/Forward Earnings ratio, BYD is valued cheaper than 85.71% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.03. BYD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 10.85 |
4.2 Price Multiples
- 86.51% of the companies in the same industry are more expensive than BYD, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, BYD is valued a bit cheaper than 79.37% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.09 | ||
| EV/EBITDA | 6.69 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates BYD does not grow enough to justify the current Price/Earnings ratio.
- The decent profitability rating of BYD may justify a higher PE ratio.
PEG (NY)2.09
PEG (5Y)N/A
EPS Next 2Y6.72%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- BYD has a yearly dividend return of 0.85%, which is pretty low.
- Compared to an average industry Dividend Yield of 1.09, BYD pays a bit more dividend than its industry peers.
- Compared to an average S&P500 Dividend Yield of 1.80, BYD's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
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 3.15% of its income as dividend. This is a sustainable payout ratio.
- The dividend of BYD is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP3.15%
EPS Next 2Y6.72%
EPS Next 3YN/A
84.93
-0.27 (-0.32%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)02-05 2026-02-05/amc
Earnings (Next)04-22 2026-04-22/amc
Inst Owners72.18%
Inst Owner Change-2.4%
Ins Owners22.33%
Ins Owner Change0%
Market Cap6.63B
Revenue(TTM)4.09B
Net Income(TTM)1.87B
Analysts73.33
Price Target95.68 (12.66%)
Short Float %5.52%
Short Ratio3.45
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.85% |
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)0.93%
PT rev (3m)1.87%
EPS NQ rev (1m)0.77%
EPS NQ rev (3m)0.69%
EPS NY rev (1m)1.22%
EPS NY rev (3m)2.04%
Revenue NQ rev (1m)-0.29%
Revenue NQ rev (3m)3.19%
Revenue NY rev (1m)2.45%
Revenue NY rev (3m)6.88%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 11.45 | ||
| Fwd PE | 10.85 | ||
| P/S | 1.63 | ||
| P/FCF | 16.09 | ||
| P/OCF | 6.89 | ||
| P/B | 2.49 | ||
| P/tB | 20.24 | ||
| EV/EBITDA | 6.69 |
EPS(TTM)7.42
EY8.74%
EPS(NY)7.83
Fwd EY9.21%
FCF(TTM)5.28
FCFY6.22%
OCF(TTM)12.33
OCFY14.52%
SpS52.11
BVpS34.13
TBVpS4.2
PEG (NY)2.09
PEG (5Y)N/A
Graham Number75.49
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 28.76% | ||
| ROE | 70.26% | ||
| ROCE | 16.95% | ||
| ROIC | 13.2% | ||
| ROICexc | 14.01% | ||
| ROICexgc | 25.34% | ||
| OM | 23.11% | ||
| PM (TTM) | 46.02% | ||
| GM | 50.78% | ||
| FCFM | 10.13% |
ROA(3y)N/A
ROA(5y)N/A
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3Y-8.95%
OM growth 5Y19.8%
PM growth 3Y35.81%
PM growth 5YN/A
GM growth 3Y-3.99%
GM growth 5Y-1.11%
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 | 2.63 |
F-Score6
WACC7.51%
ROIC/WACC1.76
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)N/A
Cap/Sales(5y)N/A
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)12.94%
EPS 3Y6.86%
EPS 5YN/A
EPS Q2Q%12.76%
EPS Next Y5.47%
EPS Next 2Y6.72%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)4.12%
Revenue growth 3Y4.8%
Revenue growth 5Y13.44%
Sales Q2Q%2.03%
Revenue Next Year2.75%
Revenue Next 2Y2.68%
Revenue Next 3Y3.26%
Revenue Next 5YN/A
EBIT growth 1Y0.58%
EBIT growth 3Y-4.59%
EBIT growth 5Y35.89%
EBIT Next Year48.72%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-21.91%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y5.61%
OCF growth 3YN/A
OCF growth 5YN/A
BOYD GAMING CORP / BYD FAQ
What is the fundamental rating for BYD stock?
ChartMill assigns a fundamental rating of 5 / 10 to BYD.
Can you provide the valuation status for BOYD GAMING CORP?
ChartMill assigns a valuation rating of 7 / 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 7 / 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 11.45 and the Price/Book (PB) ratio is 2.49.
How financially healthy is BOYD GAMING CORP?
The financial health rating of BOYD GAMING CORP (BYD) is 3 / 10.