WallStSmart

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

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Hilton Grand Vacations Inc generates 10% more annual revenue ($4.51B vs $4.09B). BYD leads profitability with a 45.1% profit margin vs 1.8%. 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: 3.3Profit: 9.0Value: 7.3Quality: 6.0
Piotroski: 4/9Altman Z: 2.74

HGV

Buy

56

out of 100

Grade: C

Growth: 4.7Profit: 5.5Value: 6.3Quality: 5.5
Piotroski: 4/9Altman Z: 1.28
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

BYDUndervalued (+45.6%)

Margin of Safety

+45.6%

Fair Value

$153.41

Current Price

$84.87

$68.54 discount

UndervaluedFair: $153.41Overvalued
HGVOvervalued (-11.4%)

Margin of Safety

-11.4%

Fair Value

$41.65

Current Price

$40.66

$0.99 premium

UndervaluedFair: $41.65Overvalued

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
87.8%10/10

Every $100 of equity generates 88 in profit

Profit MarginProfitability
45.1%10/10

Keeps 45 of every $100 in revenue as profit

Price/BookValuation
2.5x8/10

Reasonable price relative to book value

Operating MarginProfitability
20.8%8/10

Strong operational efficiency at 20.8%

HGV1 strengths · Avg: 8.0/10
Price/BookValuation
2.6x8/10

Reasonable price relative to book value

Areas to Watch

BYD3 concerns · Avg: 2.7/10
Revenue GrowthGrowth
2.0%4/10

2.0% revenue growth

PEG RatioValuation
3.032/10

Expensive relative to growth rate

EPS GrowthGrowth
-6.6%2/10

Earnings declined 6.6%

HGV4 concerns · Avg: 3.5/10
Revenue GrowthGrowth
3.7%4/10

3.7% revenue growth

EPS GrowthGrowth
1.9%4/10

1.9% earnings growth

Return on EquityProfitability
5.9%3/10

ROE of 5.9% — below average capital efficiency

Profit MarginProfitability
1.8%3/10

1.8% 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 45.1% and operating margin at 20.8%.

Bull Case : HGV

The strongest argument for HGV centers on Price/Book.

Bear Case : BYD

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

Bear Case : HGV

The primary concerns for HGV are Revenue Growth, EPS Growth, Return on Equity. A P/E of 46.6x leaves little room for execution misses. Debt-to-equity of 5.26 is elevated, increasing financial risk.

Key Dynamics to Monitor

HGV carries more volatility with a beta of 1.47 — expect wider price swings.

HGV is growing revenue faster at 3.7% — sustainability is the question.

HGV generates stronger free cash flow (147M), providing more financial flexibility.

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

Bottom Line

BYD scores higher overall (62/100 vs 56/100), backed by strong 45.1% margins. 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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