Hilton Grand Vacations Inc. (HGV) vs Wynn Resorts, Limited (WYNN)

Hilton Grand Vacations Inc. and Wynn Resorts, Limited are both Resorts & Casinos companies. Wynn Resorts, Limited is the larger, with a market value of $8.4B against $2.7B — 3.1× the size. Wynn Resorts, Limited trades at the lower P/E: 18.6× against 20.1×. Wynn Resorts, Limited grew revenue faster over the last twelve months: 6.36% against 5.44%. Wynn Resorts, Limited has the higher net margin (6.06% vs 2.86%) and the higher return on invested capital (9.44% vs 3.86%). Across the 20 metrics below, Wynn Resorts, Limited leads on 12 and Hilton Grand Vacations Inc. on 8.

Valuation

Metric HGV WYNN Resorts & Casinos median
P/E 20.13 18.56 18.52
P/S 0.54 1.12 0.54
P/B 2.26 n/m 2.13
Price to free cash flow 8.31 10.38 13.62
EV/EBITDA 11.44 9.18 9.18
EV/Sales 1.90 2.29 1.80
Earnings yield 4.97% 5.39% 1.69%
Free cash flow yield 12.03% 9.63% 6.51%

Profitability

Metric HGV WYNN Resorts & Casinos median
Gross margin 37.04% 40.70% 50.85%
Operating margin 9.89% 15.72% 10.41%
Net margin 2.86% 6.06% 1.28%
Free cash flow margin 6.48% 10.81% 4.23%
Return on equity 10.42% (42.45%) 5.28%
Return on assets 1.26% 3.47% 0.57%
Return on invested capital 3.86% 9.44% 5.61%

Growth

Metric HGV WYNN Resorts & Casinos median
Revenue growth (TTM) 5.44% 6.36% 2.76%
EPS growth (last fiscal year) 97.78% (27.82%) —
Revenue growth, 5-year CAGR 41.36% 27.77% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric HGV WYNN Resorts & Casinos median
Debt to equity 6.18 (11.83) 1.94
Current ratio 5.02 0.91 0.91
Net debt to EBITDA 8.30 4.77 3.08

Dividend

Metric HGV WYNN Resorts & Casinos median
Dividend yield — 0.91% 1.27%
Payout ratio 0.00 0.00 0.00

Size

Metric HGV WYNN Resorts & Casinos median
Market cap 2.73b 8.35b 2.43b

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