Boyd Gaming Corporation (BYD) vs Hilton Grand Vacations Inc. (HGV)

Boyd Gaming Corporation and Hilton Grand Vacations Inc. are both Resorts & Casinos companies. Boyd Gaming Corporation is the larger, with a market value of $5.1B against $2.8B — 1.8× the size. Boyd Gaming Corporation trades at the lower P/E: 3.2× against 21.5×. Hilton Grand Vacations Inc. grew revenue faster over the last twelve months: 5.44% against 1.75%. Boyd Gaming Corporation has the higher net margin (44.3% vs 2.86%) and the higher return on invested capital (8.77% vs 3.86%). Across the 21 metrics below, Boyd Gaming Corporation leads on 14 and Hilton Grand Vacations Inc. on 7.

Valuation

Metric BYD HGV Resorts & Casinos median
P/E 3.21 21.51 17.17
P/S 1.33 0.58 0.58
P/B 2.18 2.41 2.18
Price to free cash flow 155.46 8.88 9.54
EV/EBITDA 7.53 11.66 8.81
EV/Sales 1.90 1.94 1.73
Earnings yield 31.18% 4.65% 2.55%
Free cash flow yield 0.64% 11.26% 7.85%

Profitability

Metric BYD HGV Resorts & Casinos median
Gross margin 49.00% 37.04% 49.00%
Operating margin 16.37% 9.89% 10.92%
Net margin 44.34% 2.86% 2.36%
Free cash flow margin 0.86% 6.48% 6.48%
Return on equity 93.36% 10.42% 0.14%
Return on assets 27.44% 1.26% 1.03%
Return on invested capital 8.77% 3.86% 7.36%

Growth

Metric BYD HGV Resorts & Casinos median
Revenue growth (TTM) 1.75% 5.44% 2.76%
EPS growth (last fiscal year) 264.46% 97.78% 3.45%
Revenue growth, 5-year CAGR 13.44% 41.36% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BYD HGV Resorts & Casinos median
Debt to equity 1.05 6.18 2.08
Current ratio 0.77 5.02 0.91
Net debt to EBITDA 1.59 8.30 4.00

Dividend

Metric BYD HGV Resorts & Casinos median
Dividend yield 1.07% — 1.95%
Payout ratio 0.03 — 0.37

Size

Metric BYD HGV Resorts & Casinos median
Market cap 5.12b 2.78b 2.78b

Compare with another peer

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