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 $3.5B against $709.1M — 4.9× the size. Bally's Corporation grew revenue faster over the last twelve months: 20.4% against 1.67%. Marriott Vacations Worldwide Corporation has the higher net margin (−6.47% vs −25.8%) and the higher return on invested capital (−1.51% 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 18.52
P/S 0.29 0.69 0.54
P/B 0.39 1.74 2.13
Price to free cash flow n/m 35.08 13.62
EV/EBITDA 14.84 n/m 9.18
EV/Sales 1.65 1.65 1.80
Earnings yield (91.74%) (9.39%) 1.69%
Free cash flow yield (113.94%) 2.85% 6.51%

Profitability

Metric BALY VAC Resorts & Casinos median
Gross margin 52.69% 90.72% 50.85%
Operating margin (7.30%) (3.27%) 10.41%
Net margin (25.83%) (6.47%) 1.28%
Free cash flow margin (32.67%) 1.98% 4.23%
Return on equity (54.34%) (14.71%) 5.28%
Return on assets (8.22%) (3.45%) 0.57%
Return on invested capital (2.18%) (1.51%) 5.61%

Growth

Metric BALY VAC Resorts & Casinos median
Revenue growth (TTM) 20.38% 1.67% 2.76%
EPS growth (last fiscal year) (1.05%) (257.58%) —
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 2.65 1.94
Current ratio 0.91 3.56 0.91
Net debt to EBITDA 19.48 (1,236.75) 3.08

Dividend

Metric BALY VAC Resorts & Casinos median
Dividend yield — 2.28% 1.27%
Payout ratio — 0.32 0.00

Size

Metric BALY VAC Resorts & Casinos median
Market cap 709.10m 3.47b 2.43b

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