WallStSmart

Boyd Gaming Corporation (BYD)vsHilton Grand Vacations Inc (HGV)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hilton Grand Vacations Inc generates 13% more annual revenue ($4.63B vs $4.10B). BYD leads profitability with a 44.8% profit margin vs 3.5%. BYD trades at a lower P/E of 3.8x. BYD earns a higher WallStSmart Score of 62/100 (C+).

BYD

Buy

62

out of 100

Grade: C+

Growth: 4.0Profit: 9.0Value: 4.7Quality: 6.0
Piotroski: 4/9Altman Z: 2.74

HGV

Buy

57

out of 100

Grade: C

Growth: 7.3Profit: 5.5Value: 7.0Quality: 5.5
Piotroski: 4/9Altman Z: 1.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BYDSignificantly Overvalued (-60.7%)

Margin of Safety

-60.7%

Fair Value

$51.91

Current Price

$85.64

$33.73 premium

UndervaluedFair: $51.91Overvalued
HGVUndervalued (+42.1%)

Margin of Safety

+42.1%

Fair Value

$80.17

Current Price

$48.67

$31.50 discount

UndervaluedFair: $80.17Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BYD4 strengths · Avg: 9.5/10
P/E RatioValuation
3.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
94.3%10/10

Every $100 of equity generates 94 in profit

Profit MarginProfitability
44.8%10/10

Keeps 45 of every $100 in revenue as profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

HGV1 strengths · Avg: 10.0/10
EPS GrowthGrowth
187.2%10/10

Earnings expanding 187.2% YoY

Areas to Watch

BYD4 concerns · Avg: 3.0/10
Revenue GrowthGrowth
0.6%4/10

0.6% revenue growth

EPS GrowthGrowth
4.7%4/10

4.7% earnings growth

PEG RatioValuation
3.032/10

Expensive relative to growth rate

Free Cash FlowQuality
$-20.84M2/10

Negative free cash flow — burning cash

HGV4 concerns · Avg: 2.5/10
P/E RatioValuation
26.3x4/10

Moderate valuation

Profit MarginProfitability
3.5%3/10

3.5% margin — thin

Altman Z-ScoreHealth
1.282/10

Distress zone — elevated risk

Debt/EquityHealth
5.261/10

Elevated debt levels

Comparative Analysis Report

WallStSmart Research

Bull Case : BYD

The strongest argument for BYD centers on P/E Ratio, Return on Equity, Profit Margin. Profitability is solid with margins at 44.8% and operating margin at 18.5%.

Bull Case : HGV

The strongest argument for HGV centers on EPS Growth. Revenue growth of 11.9% demonstrates continued momentum.

Bear Case : BYD

The primary concerns for BYD are Revenue Growth, EPS Growth, PEG Ratio.

Bear Case : HGV

The primary concerns for HGV are P/E Ratio, Profit Margin, Altman Z-Score. Debt-to-equity of 5.26 is elevated, increasing financial risk. Thin 3.5% margins leave little buffer for downturns.

Key Dynamics to Monitor

HGV carries more volatility with a beta of 1.49 — expect wider price swings.

HGV is growing revenue faster at 11.9% — sustainability is the question.

HGV generates stronger free cash flow (122M), providing more financial flexibility.

Monitor RESORTS & CASINOS industry trends, competitive dynamics, and regulatory changes.

Bottom Line

BYD scores higher overall (62/100 vs 57/100), backed by strong 44.8% margins. HGV offers better value entry with a 42.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Boyd Gaming Corporation

CONSUMER CYCLICAL · RESORTS & CASINOS · USA

Boyd Gaming Corporation is a multi-jurisdictional gaming company. The company is headquartered in Las Vegas, Nevada.

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Hilton Grand Vacations Inc

CONSUMER CYCLICAL · RESORTS & CASINOS · USA

Hilton Grand Vacations Inc., a timeshare company, develops, markets, sells and manages vacation-owned resorts primarily under the Hilton Grand Vacations brand. The company is headquartered in Orlando, Florida.

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