WallStSmart

Boyd Gaming Corporation (BYD)vsMarriot Vacations Worldwide (VAC)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Boyd Gaming Corporation generates 23% more annual revenue ($4.09B vs $3.33B). BYD leads profitability with a 45.1% profit margin vs -9.2%. VAC appears more attractively valued with a PEG of 1.48. 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

VAC

Buy

54

out of 100

Grade: C-

Growth: 5.3Profit: 3.0Value: 6.7Quality: 5.0
Piotroski: 3/9Altman Z: 1.13
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

Intrinsic value data unavailable for VAC.

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%

VAC2 strengths · Avg: 10.0/10
Price/BookValuation
1.2x10/10

Reasonable price relative to book value

EPS GrowthGrowth
82.7%10/10

Earnings expanding 82.7% YoY

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%

VAC4 concerns · Avg: 2.5/10
Operating MarginProfitability
3.7%3/10

Operating margin of 3.7%

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

Return on EquityProfitability
-13.9%2/10

ROE of -13.9% — below average capital efficiency

Revenue GrowthGrowth
-2.7%2/10

Revenue declined 2.7%

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 : VAC

The strongest argument for VAC centers on Price/Book, EPS Growth. PEG of 1.48 suggests the stock is reasonably priced for its growth.

Bear Case : BYD

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

Bear Case : VAC

The primary concerns for VAC are Operating Margin, Piotroski F-Score, Return on Equity. Debt-to-equity of 2.33 is elevated, increasing financial risk.

Key Dynamics to Monitor

BYD profiles as a value stock while VAC is a turnaround play — different risk/reward profiles.

VAC carries more volatility with a beta of 1.25 — expect wider price swings.

BYD is growing revenue faster at 2.0% — sustainability is the question.

BYD generates stronger free cash flow (127M), providing more financial flexibility.

Bottom Line

BYD scores higher overall (62/100 vs 54/100), 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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Marriot Vacations Worldwide

CONSUMER CYCLICAL · RESORTS & CASINOS · USA

Marriott Vacations Worldwide Corporation, a vacation company, develops, markets, sells and manages vacation ownership and related products. The company is headquartered in Orlando, Florida.

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