Bally's Corporation (BALY) vs STUDIO CITY IH (MSC)

Bally's Corporation and STUDIO CITY IH are both Resorts & Casinos companies. Bally's Corporation is the larger, with a market value of $709.1M against $161.8M — 4.4× the size. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 0.71%. STUDIO CITY IH has the higher net margin (−7.57% vs −25.8%) and the higher return on invested capital (1.95% vs −2.18%). Across the 19 metrics below, STUDIO CITY IH leads on 14 and Bally's Corporation on 5.

Valuation

Metric BALY MSC Resorts & Casinos median
P/E n/m n/m 18.52
P/S 0.29 0.23 0.54
P/B 0.39 0.29 2.13
Price to free cash flow n/m 1.64 13.62
EV/EBITDA 14.84 26.94 9.18
EV/Sales 1.65 2.94 1.80
Earnings yield (91.74%) (34.22%) 1.69%
Free cash flow yield (113.94%) 60.84% 6.51%

Profitability

Metric BALY MSC Resorts & Casinos median
Gross margin 52.69% 69.26% 50.85%
Operating margin (7.30%) 10.92% 10.41%
Net margin (25.83%) (7.57%) 1.28%
Free cash flow margin (32.67%) 0.00% 4.23%
Return on equity (54.34%) (9.30%) 5.28%
Return on assets (8.22%) (1.84%) 0.57%
Return on invested capital (2.18%) 1.95% 5.61%

Growth

Metric BALY MSC Resorts & Casinos median
Revenue growth (TTM) 20.38% 0.71% 2.76%
EPS growth (last fiscal year) (1.05%) 38.00% —
Revenue growth, 5-year CAGR 48.11% 69.80% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BALY MSC Resorts & Casinos median
Debt to equity 2.08 3.73 1.94
Current ratio 0.91 0.76 0.91
Net debt to EBITDA 19.48 6.68 3.08

Dividend

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

Size

Metric BALY MSC Resorts & Casinos median
Market cap 709.10m 161.78m 2.43b

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