Boyd Gaming Corp
NYSE:BYD

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Boyd Gaming Corp
NYSE:BYD
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Price: 71.17 USD 0.11%
Market Cap: 6.3B USD
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Relative Value

The Relative Value of one BYD stock under the Base Case scenario is 102.26 USD. Compared to the current market price of 71.17 USD, Boyd Gaming Corp is Undervalued by 30%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BYD Relative Value
Base Case
102.26 USD
Undervaluation 30%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
44
vs Industry
42
Median 3Y
1.7
Median 5Y
1.7
Industry
1.4
Forward
1.7
More Details
13.1
P/E
P/E
Price to Earnings
13.1
vs History
30
vs Industry
50
Median 3Y
10.4
Median 5Y
10.4
Industry
20.2
Forward
11.6
More Details
7.2
P/OCF
P/OCF
Price to OCF
7.2
vs History
30
vs Industry
52
Median 3Y
6.6
Median 5Y
6.7
Industry
9.8
More Details
16.9
P/FCFE
P/FCFE
Price to FCFE
16.9
vs History
28
vs Industry
24
Median 3Y
12.8
Median 5Y
12.5
Industry
18.6
More Details
3.8
P/B
P/B
Price to Book Value
3.8
vs History
42
vs Industry
27
Median 3Y
3.8
Median 5Y
3.8
Industry
2.2
More Details
2.4
EV/S
EV/S
Enterprise Value to Sales
2.4
vs History
53
vs Industry
38
Median 3Y
2.4
Median 5Y
2.5
Industry
1.9
Forward
2.3
More Details
4.6
EV/GP
EV/GP
Enterprise Value to Gross Profit
4.6
vs History
39
vs Industry
42
Median 3Y
4.5
Median 5Y
4.5
Industry
3.8
More Details
7.7
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
7.7
vs History
46
vs Industry
54
Median 3Y
7.1
Median 5Y
7.6
Industry
10.7
Forward
7.2
More Details
9.8
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
9.8
vs History
47
vs Industry
56
Median 3Y
9
Median 5Y
9.8
Industry
16.5
Forward
9.7
More Details
10.1
EV/OCF
EV/OCF
Enterprise Value to OCF
10.1
vs History
42
vs Industry
46
Median 3Y
9.3
Median 5Y
9.7
Industry
11.9
More Details
18.1
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
18.1
vs History
33
vs Industry
34
Median 3Y
14
Median 5Y
15.1
Industry
17.4
More Details
1.6
EV/IC
EV/IC
Enterprise Value to IC
1.6
vs History
23
vs Industry
39
Median 3Y
1.5
Median 5Y
1.5
Industry
1.3
More Details

Multiples Across Competitors

BYD Competitors Multiples
Boyd Gaming Corp Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
US
Boyd Gaming Corp
NYSE:BYD
6.6B USD 1.7 13.1 7.7 9.8
IE
Flutter Entertainment PLC
LSE:FLTR
36.8B GBP 2 -31.8 42.5 60
US
Las Vegas Sands Corp
NYSE:LVS
37.4B USD 3.3 25 11.3 17.3
AU
Aristocrat Leisure Ltd
ASX:ALL
43.3B AUD 6.6 33.2 23 23
MO
Sands China Ltd
HKEX:1928
174B HKD 3.1 21.2 12.8 19.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
147.8B HKD 3.6 17.8 17.5 17.5
US
DraftKings Inc
NASDAQ:DKNG
18.5B USD 4.1 -44.9 -82 -38.3
SE
Evolution AB (publ)
STO:EVO
171.3B SEK 7.2 13 9.9 11
ZA
Sun International Ltd
JSE:SUI
10.9B Zac 0 0 0 0
ZA
Tsogo Sun Gaming Ltd
JSE:TSG
10.6B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
10.2B USD 0.6 11.4 5.4 8
P/E Multiple
Earnings Growth P/E to Growth
US
Boyd Gaming Corp
NYSE:BYD
Average P/E: 19.2
13.1
3%
3.8
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -31.8 N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
25
87%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
33.2
59%
0.6
MO
Sands China Ltd
HKEX:1928
21.2
152%
0.1
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.8
88%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -44.9 N/A N/A
SE
Evolution AB (publ)
STO:EVO
13
41%
0.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
38%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
11.4
-27%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Boyd Gaming Corp
NYSE:BYD
Average EV/EBITDA: 16.3
7.7
1%
9.2
IE
Flutter Entertainment PLC
LSE:FLTR
42.5
176%
0.2
US
Las Vegas Sands Corp
NYSE:LVS
11.3
45%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
59%
0.4
MO
Sands China Ltd
HKEX:1928
12.8
50%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
78%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -82 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9.9
51%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
23%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
5.4
106%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Boyd Gaming Corp
NYSE:BYD
Average EV/EBIT: 20.8
9.8
-8%
N/A
IE
Flutter Entertainment PLC
LSE:FLTR
60
1 731%
0
US
Las Vegas Sands Corp
NYSE:LVS
17.3
53%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
35%
0.6
MO
Sands China Ltd
HKEX:1928
19.8
73%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
95%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -38.3 N/A N/A
SE
Evolution AB (publ)
STO:EVO
11
53%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
24%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
8
13%
0.6

See Also

Summary
BYD intrinsic value, competitors valuation, and company profile.
DCF Valuation
BYD stock valuation using Discount Cash Flow valuation method.
Relative Valuation
BYD stock valuation using valuation multiples.
Wall Street Estimates
BYD price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
BYD stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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