Bally's Corporation (BALY) vs Canterbury Park Holding Corporation (CPHC)

Bally's Corporation and Canterbury Park Holding Corporation are both Resorts & Casinos companies. Bally's Corporation is the larger, with a market value of $709.1M against $81.8M — 8.7× the size. Bally's Corporation has negative trailing earnings, so its P/E is not meaningful; Canterbury Park Holding Corporation trades at 781×. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 0.61%. Canterbury Park Holding Corporation has the higher net margin (0.20% vs −25.8%) and the higher return on invested capital (2.85% vs −2.18%). Across the 19 metrics below, Canterbury Park Holding Corporation leads on 14 and Bally's Corporation on 5.

Valuation

Metric BALY CPHC Resorts & Casinos median
P/E n/m 781.00 18.52
P/S 0.29 1.33 0.54
P/B 0.39 0.96 2.13
Price to free cash flow n/m 16.43 13.62
EV/EBITDA 14.84 8.17 9.18
EV/Sales 1.65 0.93 1.80
Earnings yield (91.74%) 0.13% 1.69%
Free cash flow yield (113.94%) 6.09% 6.51%

Profitability

Metric BALY CPHC Resorts & Casinos median
Gross margin 52.69% 79.05% 50.85%
Operating margin (7.30%) 4.50% 10.41%
Net margin (25.83%) 0.20% 1.28%
Free cash flow margin (32.67%) 8.11% 4.23%
Return on equity (54.34%) 0.14% 5.28%
Return on assets (8.22%) 0.10% 0.57%
Return on invested capital (2.18%) 2.85% 5.61%

Growth

Metric BALY CPHC Resorts & Casinos median
Revenue growth (TTM) 20.38% 0.61% 2.76%
EPS growth (last fiscal year) (1.05%) (123.81%) —
Revenue growth, 5-year CAGR 48.11% 12.44% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BALY CPHC Resorts & Casinos median
Debt to equity 2.08 0.00 1.94
Current ratio 0.91 2.24 0.91
Net debt to EBITDA 19.48 (3.21) 3.08

Dividend

Metric BALY CPHC Resorts & Casinos median
Dividend yield — 1.18% 1.27%
Payout ratio — 0.11 0.00

Size

Metric BALY CPHC Resorts & Casinos median
Market cap 709.10m 81.79m 2.43b

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