Boyd Gaming Corporation (BYD) vs Monarch Casino & Resort, Inc. (MCRI)

Boyd Gaming Corporation and Monarch Casino & Resort, Inc. are both Resorts & Casinos companies. Boyd Gaming Corporation is the larger, with a market value of $5.2B against $2.1B — 2.5× the size. Boyd Gaming Corporation trades at the lower P/E: 3.1× against 18.5×. Monarch Casino & Resort, Inc. grew revenue faster over the last twelve months: 5.10% against 1.75%. Boyd Gaming Corporation has the higher net margin (44.3% vs 20.4%) and the lower return on invested capital (8.77% vs 20.1%). Both pay a dividend; Monarch Casino & Resort, Inc. yields more (8.33% vs 0.97%). Across the 23 metrics below, Monarch Casino & Resort, Inc. leads on 13 and Boyd Gaming Corporation on 10.

Valuation

Metric BYD MCRI Resorts & Casinos median
P/E 3.14 18.48 18.52
P/S 1.30 3.74 0.54
P/B 2.13 3.65 2.13
Price to free cash flow 151.99 13.62 13.62
EV/EBITDA 7.41 10.45 9.18
EV/Sales 1.87 3.52 1.80
Earnings yield 31.90% 5.41% 1.69%
Free cash flow yield 0.66% 7.34% 6.51%

Profitability

Metric BYD MCRI Resorts & Casinos median
Gross margin 49.00% 55.49% 50.85%
Operating margin 16.37% 25.06% 10.41%
Net margin 44.34% 20.40% 1.28%
Free cash flow margin 0.86% 27.49% 4.23%
Return on equity 93.36% 20.54% 5.28%
Return on assets 27.44% 15.85% 0.57%
Return on invested capital 8.77% 20.07% 5.61%

Growth

Metric BYD MCRI Resorts & Casinos median
Revenue growth (TTM) 1.75% 5.10% 2.76%
EPS growth (last fiscal year) 264.46% 41.56% —
Revenue growth, 5-year CAGR 13.44% 24.21% 24.21%
Net income growth, 5-year CAGR 0.00% 33.76% 0.00%

Health

Metric BYD MCRI Resorts & Casinos median
Debt to equity 1.05 0.00 1.94
Current ratio 0.77 1.21 0.91
Net debt to EBITDA 1.59 (0.53) 3.08

Dividend

Metric BYD MCRI Resorts & Casinos median
Dividend yield 0.97% 8.33% 1.27%
Payout ratio 0.09 1.15 0.00

Size

Metric BYD MCRI Resorts & Casinos median
Market cap 5.22b 2.12b 2.43b

Compare with another peer

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