Bally's Corporation (BALY) vs Hilton Grand Vacations Inc. (HGV)

Bally's Corporation and Hilton Grand Vacations Inc. are both Resorts & Casinos companies. Hilton Grand Vacations Inc. is the larger, with a market value of $2.7B against $709.1M — 3.8× the size. Bally's Corporation has negative trailing earnings, so its P/E is not meaningful; Hilton Grand Vacations Inc. trades at 20.1×. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 5.44%. Hilton Grand Vacations Inc. has the higher net margin (2.86% vs −25.8%) and the higher return on invested capital (3.86% vs −2.18%). Across the 19 metrics below, Hilton Grand Vacations Inc. leads on 12 and Bally's Corporation on 7.

Valuation

Metric BALY HGV Resorts & Casinos median
P/E n/m 20.13 18.52
P/S 0.29 0.54 0.54
P/B 0.39 2.26 2.13
Price to free cash flow n/m 8.31 13.62
EV/EBITDA 14.84 11.44 9.18
EV/Sales 1.65 1.90 1.80
Earnings yield (91.74%) 4.97% 1.69%
Free cash flow yield (113.94%) 12.03% 6.51%

Profitability

Metric BALY HGV Resorts & Casinos median
Gross margin 52.69% 37.04% 50.85%
Operating margin (7.30%) 9.89% 10.41%
Net margin (25.83%) 2.86% 1.28%
Free cash flow margin (32.67%) 6.48% 4.23%
Return on equity (54.34%) 10.42% 5.28%
Return on assets (8.22%) 1.26% 0.57%
Return on invested capital (2.18%) 3.86% 5.61%

Growth

Metric BALY HGV Resorts & Casinos median
Revenue growth (TTM) 20.38% 5.44% 2.76%
EPS growth (last fiscal year) (1.05%) 97.78% —
Revenue growth, 5-year CAGR 48.11% 41.36% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BALY HGV Resorts & Casinos median
Debt to equity 2.08 6.18 1.94
Current ratio 0.91 5.02 0.91
Net debt to EBITDA 19.48 8.30 3.08

Dividend

Metric BALY HGV Resorts & Casinos median
Dividend yield — — 1.27%
Payout ratio — 0.00 0.00

Size

Metric BALY HGV Resorts & Casinos median
Market cap 709.10m 2.73b 2.43b

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