Boyd Gaming Corporation Fundamental Analysis (NYSE: BYD)
Boyd Gaming Corporation Fundamental Analysis (NYSE: BYD)
Boyd Gaming Corporation (NYSE: BYD) shows moderate financial fundamentals with a PE ratio of 11.00, profit margin of 12.29%, and ROE of 19.89%. The company generates $4.1B in annual revenue with moderate year-over-year growth of 4.12%.
Key Strengths
Areas of Concern
The stock receives a Fundamental Health Score of 41.1/100 based on profitability, valuation, growth, and balance sheet metrics. The D grade reflects weak fundamentals and significant financial concerns.
Fundamental Health Score
We analyze BYD's fundamental strength across five key dimensions:
Efficiency Score
WeakBYD struggles to generate sufficient returns from assets.
Valuation Score
ExcellentBYD trades at attractive valuation levels.
Growth Score
WeakBYD faces weak or negative growth trends.
Financial Health Score
WeakBYD carries high financial risk with limited liquidity.
Profitability Score
WeakBYD struggles to sustain strong margins.
Key Financial Metrics
Is BYD Expensive or Cheap?
P/E Ratio
BYD trades at 11.00 times earnings. This suggests potential undervaluation.
PEG Ratio
When adjusting for growth, BYD's PEG of -0.15 indicates potential undervaluation.
Price to Book
The market values Boyd Gaming Corporation at 2.17 times its book value. This may indicate undervaluation.
EV/EBITDA
Enterprise value stands at 2.28 times EBITDA. This is generally considered low.
How Well Does BYD Make Money?
Net Profit Margin
For every $100 in sales, Boyd Gaming Corporation keeps $12.29 as profit after all expenses.
Operating Margin
Core operations generate 20.92 in profit for every $100 in revenue, before interest and taxes.
ROE
Management delivers $19.89 in profit for every $100 of shareholder equity.
ROA
Boyd Gaming Corporation generates $7.54 in profit for every $100 in assets, demonstrating efficient asset deployment.
Following the Money - Real Cash Generation
Operating Cash Flow
Boyd Gaming Corporation produces operating cash flow of $585.53M, showing steady but balanced cash generation.
Free Cash Flow
Boyd Gaming Corporation generates weak or negative free cash flow of $-15.57M, restricting financial flexibility.
FCF Per Share
Each share generates $-0.21 in free cash annually.
FCF Yield
BYD converts -0.30% of its market value into free cash.
Financial Ratios Analysis
Valuation Ratios
P/E Ratio
Price to earnings ratio
11.00
vs 25 benchmark
PEG Ratio
Price/earnings to growth ratio
-0.15
vs 25 benchmark
P/B Ratio
Price to book value ratio
2.17
vs 25 benchmark
P/S Ratio
Price to sales ratio
1.30
vs 25 benchmark
Financial Health
Debt/Equity
Total debt to shareholders' equity
1.34
vs 25 benchmark
Current Ratio
Current assets to current liabilities
0.33
vs 25 benchmark
Efficiency Ratios
ROE
Return on equity percentage
0.20
vs 25 benchmark
ROA
Return on assets percentage
0.08
vs 25 benchmark
ROCE
Return on capital employed
0.16
vs 25 benchmark
How BYD Stacks Against Its Sector Peers
| Metric | BYD Value | Sector Average | Performance |
|---|---|---|---|
| P/E Ratio | 11.00 | 24.38 | Better (Cheaper) |
| ROE | 19.89% | 940.00% | Weak |
| Net Margin | 12.29% | -2412.00% (disorted) | Strong |
| Debt/Equity | 1.34 | 0.59 | Weak (High Leverage) |
| Current Ratio | 0.33 | 2.34 | Weak Liquidity |
| ROA | 7.54% | 356.00% | Weak |
BYD outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.
Historical Growth Performance
5-Year Growth Trajectory
This section reviews Boyd Gaming Corporation's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.
Revenue CAGR
160.96%
Industry Style: Cyclical, Growth, Discretionary
High GrowthEPS CAGR
2001.19%
Industry Style: Cyclical, Growth, Discretionary
High GrowthFCF CAGR
369.47%
Industry Style: Cyclical, Growth, Discretionary
High Growth