Boyd Gaming Corp
NYSE:BYD

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Boyd Gaming Corp
NYSE:BYD
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Price: 86.07 USD -1.98% Market Closed
Market Cap: 6.7B USD
Section:
 

Relative Value

The Relative Value of one BYD stock under the Base Case scenario is 112.15 USD. Compared to the current market price of 86.07 USD, Boyd Gaming Corp is Undervalued by 23%.

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
112.15 USD
Undervaluation 23%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

1.7
P/S
P/S
Price to Sales
1.7
vs History
57
vs Industry
42
Median 3Y
1.7
Median 5Y
1.7
Industry
1.4
Forward
1.7
More Details
3.6
P/E
P/E
Price to Earnings
3.6
vs History
87
vs Industry
49
Median 3Y
9.8
Median 5Y
10.3
Industry
20.1
Forward
12.1
More Details
7
P/OCF
P/OCF
Price to OCF
7
vs History
28
vs Industry
51
Median 3Y
6.6
Median 5Y
6.7
Industry
9.5
More Details
Negative
P/FCFE
P/FCFE
Price to FCFE
N/A
vs History
vs Industry
40
Median 3Y
11.3
Median 5Y
10.3
Industry
18.2
More Details
2.5
P/B
P/B
Price to Book Value
2.5
vs History
93
vs Industry
21
Median 3Y
3.7
Median 5Y
4
Industry
2.1
More Details
2
EV/S
EV/S
Enterprise Value to Sales
2
vs History
88
vs Industry
37
Median 3Y
2.3
Median 5Y
2.4
Industry
1.9
Forward
2.1
More Details
4
EV/GP
EV/GP
Enterprise Value to Gross Profit
4
vs History
82
vs Industry
39
Median 3Y
4.4
Median 5Y
4.5
Industry
3.8
More Details
6.8
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
6.8
vs History
74
vs Industry
51
Median 3Y
7
Median 5Y
7.2
Industry
10.6
Forward
6.6
More Details
8.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
8.9
vs History
65
vs Industry
53
Median 3Y
8.9
Median 5Y
9.2
Industry
16.5
Forward
9.9
More Details
8.7
EV/OCF
EV/OCF
Enterprise Value to OCF
8.7
vs History
76
vs Industry
47
Median 3Y
9.2
Median 5Y
9.4
Industry
11.3
More Details
20.2
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
20.2
vs History
19
vs Industry
36
Median 3Y
16
Median 5Y
14.9
Industry
16.3
More Details
1.4
EV/IC
EV/IC
Enterprise Value to IC
1.4
vs History
80
vs Industry
38
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
6.8B USD 1.7 3.6 6.8 8.9
US
Las Vegas Sands Corp
NYSE:LVS
41.6B USD 3.4 26.8 12.1 18.7
IE
Flutter Entertainment PLC
LSE:FLTR
27.6B GBP 1.8 -125 18.6 62.5
AU
Aristocrat Leisure Ltd
ASX:ALL
34.8B AUD 5.5 21.2 17.8 17.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
166.7B HKD 3.7 17.3 17.2 17.2
MO
Sands China Ltd
HKEX:1928
150B HKD 2.7 21 18.9 18.9
US
DraftKings Inc
NASDAQ:DKNG
17.3B USD 3.2 -64.5 -443.8 -56.7
SE
Evolution AB (publ)
STO:EVO
124.5B SEK 5.3 10.3 7.5 8.3
US
Wynn Resorts Ltd
NASDAQ:WYNN
12.1B USD 1.7 24 10.6 15.5
US
Scientific Games Corp
F:TJW
8.5B EUR 3.1 24.8 17.5 17.5
ZA
Sun International Ltd
JSE:SUI
9.8B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
US
Boyd Gaming Corp
NYSE:BYD
Average P/E: 18.6
3.6
3%
1.2
US
Las Vegas Sands Corp
NYSE:LVS
26.8
19%
1.4
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -125
290%
N/A
AU
Aristocrat Leisure Ltd
ASX:ALL
21.2
9%
2.4
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.3
14%
1.2
MO
Sands China Ltd
HKEX:1928
21
14%
1.5
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -64.5 N/A N/A
SE
Evolution AB (publ)
STO:EVO
10.3
1%
10.3
US
Wynn Resorts Ltd
NASDAQ:WYNN
24
12%
2
US
S
Scientific Games Corp
F:TJW
24.8
35%
0.7
ZA
S
Sun International Ltd
JSE:SUI
Not Available
-4%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
US
Boyd Gaming Corp
NYSE:BYD
Average EV/EBITDA: 14.1
6.8
2%
3.4
US
Las Vegas Sands Corp
NYSE:LVS
12.1
13%
0.9
IE
Flutter Entertainment PLC
LSE:FLTR
18.6
35%
0.5
AU
Aristocrat Leisure Ltd
ASX:ALL
17.8
18%
1
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.2
13%
1.3
MO
Sands China Ltd
HKEX:1928
18.9
9%
2.1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -443.8 N/A N/A
SE
Evolution AB (publ)
STO:EVO
7.5
1%
7.5
US
Wynn Resorts Ltd
NASDAQ:WYNN
10.6
9%
1.2
US
S
Scientific Games Corp
F:TJW
17.5
15%
1.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
4%
N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
US
Boyd Gaming Corp
NYSE:BYD
Average EV/EBIT: 20.6
8.9
-3%
N/A
US
Las Vegas Sands Corp
NYSE:LVS
18.7
16%
1.2
IE
Flutter Entertainment PLC
LSE:FLTR
62.5
62%
1
AU
Aristocrat Leisure Ltd
ASX:ALL
17.8
11%
1.6
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.2
15%
1.1
MO
Sands China Ltd
HKEX:1928
18.9
9%
2.1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -56.7 N/A N/A
SE
Evolution AB (publ)
STO:EVO
8.3
0%
N/A
US
Wynn Resorts Ltd
NASDAQ:WYNN
15.5
6%
2.6
US
S
Scientific Games Corp
F:TJW
17.5
15%
1.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
3%
N/A

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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