Bally's Corporation (BALY) vs Melco Resorts & Entertainment Limited (MLCO)

Bally's Corporation and Melco Resorts & Entertainment Limited are both Resorts & Casinos companies. Melco Resorts & Entertainment Limited is the larger, with a market value of $1.8B against $709.1M — 2.5× the size. Bally's Corporation has negative trailing earnings, so its P/E is not meaningful; Melco Resorts & Entertainment Limited trades at 7.9×. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 5.99%. Melco Resorts & Entertainment Limited has the higher net margin (4.50% vs −25.8%) and the higher return on invested capital (8.05% vs −2.18%). Across the 18 metrics below, Melco Resorts & Entertainment Limited leads on 14 and Bally's Corporation on 4.

Valuation

Metric BALY MLCO Resorts & Casinos median
P/E n/m 7.88 18.52
P/S 0.29 0.35 0.54
P/B 0.39 n/m 2.13
Price to free cash flow n/m 1.90 13.62
EV/EBITDA 14.84 12.72 9.18
EV/Sales 1.65 1.55 1.80
Earnings yield (91.74%) 12.68% 1.69%
Free cash flow yield (113.94%) 52.63% 6.51%

Profitability

Metric BALY MLCO Resorts & Casinos median
Gross margin 52.69% 36.85% 50.85%
Operating margin (7.30%) 12.21% 10.41%
Net margin (25.83%) 4.50% 1.28%
Free cash flow margin (32.67%) 0.00% 4.23%
Return on equity (54.34%) (19.59%) 5.28%
Return on assets (8.22%) 3.09% 0.57%
Return on invested capital (2.18%) 8.05% 5.61%

Growth

Metric BALY MLCO Resorts & Casinos median
Revenue growth (TTM) 20.38% 5.99% 2.76%
EPS growth (last fiscal year) (1.05%) 360.00% —
Revenue growth, 5-year CAGR 48.11% 24.47% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BALY MLCO Resorts & Casinos median
Debt to equity 2.08 (5.43) 1.94
Current ratio 0.91 1.01 0.91
Net debt to EBITDA 19.48 5.04 3.08

Dividend

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

Size

Metric BALY MLCO Resorts & Casinos median
Market cap 709.10m 1.80b 2.43b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack