WallStSmart

Boyd Gaming Corporation (BYD)vsLas Vegas Sands Corp (LVS)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Las Vegas Sands Corp generates 235% more annual revenue ($13.74B vs $4.10B). BYD leads profitability with a 44.8% profit margin vs 13.4%. LVS appears more attractively valued with a PEG of 0.93. LVS earns a higher WallStSmart Score of 73/100 (B).

BYD

Buy

62

out of 100

Grade: C+

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

LVS

Strong Buy

73

out of 100

Grade: B

Growth: 9.3Profit: 8.5Value: 8.0Quality: 4.0
Piotroski: 5/9Altman Z: 1.41
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
LVSUndervalued (+41.3%)

Margin of Safety

+41.3%

Fair Value

$98.38

Current Price

$53.11

$45.27 discount

UndervaluedFair: $98.38Overvalued

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

LVS5 strengths · Avg: 8.8/10
Return on EquityProfitability
90.5%10/10

Every $100 of equity generates 91 in profit

EPS GrowthGrowth
73.0%10/10

Earnings expanding 73.0% YoY

PEG RatioValuation
0.938/10

Growing faster than its price suggests

Operating MarginProfitability
25.4%8/10

Strong operational efficiency at 25.4%

Revenue GrowthGrowth
25.3%8/10

Revenue surging 25.3% year-over-year

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

LVS3 concerns · Avg: 1.7/10
Price/BookValuation
29.3x2/10

Trading at 29.3x book value

Altman Z-ScoreHealth
1.412/10

Distress zone — elevated risk

Debt/EquityHealth
10.151/10

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 : LVS

The strongest argument for LVS centers on Return on Equity, EPS Growth, PEG Ratio. Revenue growth of 25.3% demonstrates continued momentum. PEG of 0.93 suggests the stock is reasonably priced for its growth.

Bear Case : BYD

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

Bear Case : LVS

The primary concerns for LVS are Price/Book, Altman Z-Score, Debt/Equity. Debt-to-equity of 10.15 is elevated, increasing financial risk.

Key Dynamics to Monitor

BYD profiles as a value stock while LVS is a growth play — different risk/reward profiles.

BYD carries more volatility with a beta of 1.12 — expect wider price swings.

LVS is growing revenue faster at 25.3% — sustainability is the question.

LVS generates stronger free cash flow (537M), providing more financial flexibility.

Bottom Line

LVS scores higher overall (73/100 vs 62/100) and 25.3% revenue growth. Both earn "Strong 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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Las Vegas Sands Corp

CONSUMER CYCLICAL · RESORTS & CASINOS · USA

Las Vegas Sands Corporation is an American casino and resort company based in Paradise, Nevada, United States. Its resorts feature accommodations, gambling and entertainment, convention and exhibition facilities, restaurants and clubs, as well as an art and science museum in Singapore.

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