WallStSmart

Boyd Gaming Corporation (BYD)vsVail Resorts Inc (MTN)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Boyd Gaming Corporation generates 45% more annual revenue ($4.10B vs $2.83B). BYD leads profitability with a 44.3% profit margin vs 5.5%. BYD appears more attractively valued with a PEG of 3.03. BYD earns a higher WallStSmart Score of 62/100 (C+).

BYD

Buy

62

out of 100

Grade: C+

Growth: 3.3Profit: 8.5Value: 5.7Quality: 6.0
Piotroski: 4/9Altman Z: 2.62

MTN

Hold

48

out of 100

Grade: D+

Growth: 3.3Profit: 7.5Value: 4.0Quality: 3.5
Piotroski: 6/9Altman Z: 0.98
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BYD.

MTNUndervalued (+13.8%)

Margin of Safety

+13.8%

Fair Value

$162.33

Current Price

$148.83

$13.50 discount

UndervaluedFair: $162.33Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

BYD5 strengths · Avg: 9.2/10
P/E RatioValuation
3.8x10/10

Attractively priced relative to earnings

Return on EquityProfitability
72.5%10/10

Every $100 of equity generates 72 in profit

Profit MarginProfitability
44.3%10/10

Keeps 44 of every $100 in revenue as profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.9%8/10

Strong operational efficiency at 20.9%

MTN2 strengths · Avg: 10.0/10
Return on EquityProfitability
76.4%10/10

Every $100 of equity generates 76 in profit

Operating MarginProfitability
42.1%10/10

Strong operational efficiency at 42.1%

Areas to Watch

BYD4 concerns · Avg: 2.5/10
Revenue GrowthGrowth
0.0%4/10

0.0% revenue growth

PEG RatioValuation
3.032/10

Expensive relative to growth rate

EPS GrowthGrowth
-4.9%2/10

Earnings declined 4.9%

Free Cash FlowQuality
$-20.84M2/10

Negative free cash flow — burning cash

MTN4 concerns · Avg: 3.3/10
P/E RatioValuation
32.1x4/10

Premium valuation, high expectations priced in

Price/BookValuation
9.6x4/10

Trading at 9.6x book value

Profit MarginProfitability
5.5%3/10

5.5% margin — thin

PEG RatioValuation
3.332/10

Expensive relative to growth rate

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 44.3% and operating margin at 20.9%.

Bull Case : MTN

The strongest argument for MTN centers on Return on Equity, Operating Margin.

Bear Case : BYD

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

Bear Case : MTN

The primary concerns for MTN are P/E Ratio, Price/Book, Profit Margin. Debt-to-equity of 5.90 is elevated, increasing financial risk.

Key Dynamics to Monitor

BYD carries more volatility with a beta of 1.08 — expect wider price swings.

BYD is growing revenue faster at 0.0% — sustainability is the question.

MTN generates stronger free cash flow (36M), providing more financial flexibility.

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

Bottom Line

BYD scores higher overall (62/100 vs 48/100), backed by strong 44.3% margins. Both earn "Buy" and "Hold" 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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Vail Resorts Inc

CONSUMER CYCLICAL · RESORTS & CASINOS · USA

Vail Resorts, Inc. operates mountain resorts and urban ski areas in the United States. The company is headquartered in Broomfield, Colorado.

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