Bally's Corporation (BALY) vs Marriott Vacations Worldwide Corporation (VAC)

Bally's Corporation and Marriott Vacations Worldwide Corporation are both Resorts & Casinos companies. Marriott Vacations Worldwide Corporation is the larger, with a market value of $3.7B against $636.9M — 5.8× the size. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 4.59%. Marriott Vacations Worldwide Corporation has the higher net margin (−4.75% vs −25.8%) and the higher return on invested capital (−0.64% vs −2.18%). Across the 18 metrics below, Marriott Vacations Worldwide Corporation leads on 11 and Bally's Corporation on 7.

Valuation

Metric BALY VAC Resorts & Casinos median
P/E n/m n/m 16.84
P/S 0.26 0.71 0.57
P/B 0.35 1.76 2.02
Price to free cash flow n/m 22.34 10.86
EV/EBITDA 14.56 n/m 8.92
EV/Sales 1.61 1.63 1.79
Earnings yield (102.67%) (6.74%) 2.61%
Free cash flow yield (127.51%) 4.48% 7.35%

Profitability

Metric BALY VAC Resorts & Casinos median
Gross margin 52.69% 90.94% 47.52%
Operating margin (7.30%) (1.35%) 12.21%
Net margin (25.83%) (4.75%) 3.87%
Free cash flow margin (32.67%) 3.17% 5.15%
Return on equity (54.34%) (10.91%) 19.64%
Return on assets (8.22%) (2.55%) 1.70%
Return on invested capital (2.18%) (0.64%) 6.38%

Growth

Metric BALY VAC Resorts & Casinos median
Revenue growth (TTM) 20.38% 4.59% 3.08%
EPS growth (last fiscal year) (0.60%) (257.58%) 3.45%
Revenue growth, 5-year CAGR 48.11% 11.76% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BALY VAC Resorts & Casinos median
Debt to equity 2.08 2.55 0.06
Current ratio 0.91 3.78 0.91
Net debt to EBITDA 19.48 (1,236.75) 4.00

Dividend

Metric BALY VAC Resorts & Casinos median
Dividend yield — 2.99% 1.98%
Payout ratio — — 0.49

Size

Metric BALY VAC Resorts & Casinos median
Market cap 636.93m 3.69b 3.32b

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