BOYD GAMING CORP (BYD) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:BYD - US1033041013 - Common Stock
88.6901 USD
-0.87 (-0.97%)
Taking everything into account, BYD scores 6 out of 10 in our fundamental rating. BYD was compared to 133 industry peers in the Hotels, Restaurants & Leisure industry. BYD has an excellent profitability rating, but there are some minor 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.
- BYD had positive earnings in 4 of the past 5 years.
- In the past 5 years BYD always reported a positive cash flow from operatings.
1.2 Ratios
- BYD's Return On Assets of 28.76% is amongst the best of the industry. BYD outperforms 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.
- BYD's Return On Invested Capital of 13.49% is amongst the best of the industry. BYD outperforms 80.45% of its industry peers.
- Measured over the past 3 years, the Average Return On Invested Capital 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
- The Profit Margin of BYD (46.02%) is better than 98.50% of its industry peers.
- In the last couple of years the Profit Margin of BYD has grown nicely.
- The Operating Margin of BYD (23.11%) is better than 87.22% of its industry peers.
- BYD's Operating Margin has improved in the last couple of years.
- The Gross Margin of BYD (50.78%) is comparable to the rest of the industry.
- 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
- BYD has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- BYD has less shares outstanding than it did 1 year ago.
- BYD has less shares outstanding than it did 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 2.68. 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.
- Looking at the Altman-Z score, with a value of 2.68, BYD is in the better half of the industry, outperforming 69.92% of the companies in the same industry.
- 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.
- The Debt to FCF ratio of BYD (4.59) is better than 76.69% of its industry peers.
- A Debt/Equity ratio of 0.71 indicates that 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 | 2.68 |
ROIC/WACC1.7
WACC7.93%
2.3 Liquidity
- A Current Ratio of 0.51 indicates that BYD may have some problems paying its short term obligations.
- BYD has a Current ratio of 0.51. This is in the lower half of the industry: BYD underperforms 74.44% of its industry peers.
- A Quick Ratio of 0.49 indicates that BYD may have some problems paying its short term obligations.
- BYD's Quick ratio of 0.49 is on the low side compared to the rest of the industry. BYD is outperformed by 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.
- The Earnings Per Share has been growing by 29.85% on average over the past years. This is a very strong growth
- BYD shows a small growth in Revenue. In the last year, the Revenue has grown by 5.91%.
- 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
- Based on estimates for the next years, BYD will show a small growth in Earnings Per Share. The EPS will grow by 7.55% on average per year.
- The Revenue is expected to grow by 1.72% on average over the next years.
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.
- The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- A Price/Earnings ratio of 12.37 indicates a correct valuation of BYD.
- Based on the Price/Earnings ratio, BYD is valued cheaply inside the industry as 84.96% of the companies are valued more expensively.
- BYD is valuated cheaply when we compare the Price/Earnings ratio to 27.54, which is the current average of the S&P500 Index.
- The Price/Forward Earnings ratio is 11.59, which indicates a very decent valuation of BYD.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of BYD indicates a rather cheap valuation: BYD is cheaper than 85.71% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 24.31. BYD is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 12.37 | ||
| Fwd PE | 11.59 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, BYD is valued cheaper than 88.72% of the companies in the same industry.
- BYD's Price/Free Cash Flow ratio is rather cheap when compared to the industry. BYD is cheaper than 80.45% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 16.8 | ||
| EV/EBITDA | 6.97 |
4.3 Compensation for Growth
- The 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)1.37
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.
- BYD's Dividend Yield is a higher than the industry average which is at 6.32.
- Compared to an average S&P500 Dividend Yield of 1.92, BYD's dividend is way lower than the S&P500 average.
| 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.
- The dividend of BYD decreased 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%
NYSE:BYD (1/16/2026, 3:33:47 PM)
88.6901
-0.87 (-0.97%)
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 Cap6.93B
Revenue(TTM)4.07B
Net Income(TTM)1.87B
Analysts73.33
Price Target93.36 (5.27%)
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 | 12.37 | ||
| Fwd PE | 11.59 | ||
| P/S | 1.7 | ||
| P/FCF | 16.8 | ||
| P/OCF | 7.19 | ||
| P/B | 2.6 | ||
| P/tB | 21.13 | ||
| EV/EBITDA | 6.97 |
EPS(TTM)7.17
EY8.08%
EPS(NY)7.65
Fwd EY8.63%
FCF(TTM)5.28
FCFY5.95%
OCF(TTM)12.33
OCFY13.91%
SpS52.11
BVpS34.13
TBVpS4.2
PEG (NY)1.37
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 | 2.68 |
F-Score6
WACC7.93%
ROIC/WACC1.7
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 12.37 and the Price/Book (PB) ratio is 2.6.
How financially healthy is BOYD GAMING CORP?
The financial health rating of BOYD GAMING CORP (BYD) is 4 / 10.