WallStSmart

Boyd Gaming Corporation (BYD)vsSea Ltd (SE)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Sea Ltd generates 515% more annual revenue ($25.19B vs $4.10B). BYD leads profitability with a 44.3% profit margin vs 6.4%. SE appears more attractively valued with a PEG of 1.51. 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

SE

Buy

52

out of 100

Grade: C-

Growth: 8.0Profit: 5.5Value: 6.0Quality: 7.5
Piotroski: 6/9Altman Z: 1.53
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

Intrinsic value data unavailable for BYD.

SEUndervalued (+52.3%)

Margin of Safety

+52.3%

Fair Value

$240.26

Current Price

$111.44

$128.82 discount

UndervaluedFair: $240.26Overvalued

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%

SE3 strengths · Avg: 9.3/10
Revenue GrowthGrowth
46.6%10/10

Revenue surging 46.6% year-over-year

Market CapQuality
$66.83B9/10

Large-cap with strong market position

Debt/EquityHealth
0.289/10

Conservative balance sheet, low leverage

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

SE4 concerns · Avg: 3.8/10
PEG RatioValuation
1.514/10

Expensive relative to growth rate

EPS GrowthGrowth
3.1%4/10

3.1% earnings growth

Altman Z-ScoreHealth
1.534/10

Distress zone — elevated risk

Profit MarginProfitability
6.4%3/10

6.4% margin — thin

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 : SE

The strongest argument for SE centers on Revenue Growth, Market Cap, Debt/Equity. Revenue growth of 46.6% demonstrates continued momentum.

Bear Case : BYD

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

Bear Case : SE

The primary concerns for SE are PEG Ratio, EPS Growth, Altman Z-Score. A P/E of 41.5x leaves little room for execution misses.

Key Dynamics to Monitor

BYD profiles as a value stock while SE is a hypergrowth play — different risk/reward profiles.

SE carries more volatility with a beta of 1.55 — expect wider price swings.

SE is growing revenue faster at 46.6% — sustainability is the question.

SE generates stronger free cash flow (919M), providing more financial flexibility.

Bottom Line

BYD scores higher overall (62/100 vs 52/100), backed by strong 44.3% margins. SE offers better value entry with a 52.3% 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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Sea Ltd

CONSUMER CYCLICAL · INTERNET RETAIL · USA

Sea Limited is engaged in the digital entertainment, e-commerce and digital financial services businesses in Southeast Asia, Latin America, the rest of Asia and internationally. The company is headquartered in Singapore.

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