BYD Relative Valuation
BYD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, BYD is overvalued; if below, it's undervalued.
Historical Valuation
Boyd Gaming Corp (BYD) is now in the Undervalued zone, suggesting that its current forward PE ratio of 11.45 is considered Undervalued compared with the five-year average of 11.04. The fair price of Boyd Gaming Corp (BYD) is between 90.07 to 114.96 according to relative valuation methord. Compared to the current price of 88.33 USD , Boyd Gaming Corp is Undervalued By 1.93%.
Relative Value
Fair Zone
90.07-114.96
Current Price:88.33
1.93%
Undervalued
11.45
PE
1Y
3Y
5Y
7.41
EV/EBITDA
Boyd Gaming Corp. (BYD) has a current EV/EBITDA of 7.41. The 5-year average EV/EBITDA is 8.21. The thresholds are as follows: Strongly Undervalued below 6.52, Undervalued between 6.52 and 7.36, Fairly Valued between 9.05 and 7.36, Overvalued between 9.05 and 9.90, and Strongly Overvalued above 9.90. The current Forward EV/EBITDA of 7.41 falls within the Historic Trend Line -Fairly Valued range.
10.28
EV/EBIT
Boyd Gaming Corp. (BYD) has a current EV/EBIT of 10.28. The 5-year average EV/EBIT is 10.98. The thresholds are as follows: Strongly Undervalued below 8.61, Undervalued between 8.61 and 9.79, Fairly Valued between 12.17 and 9.79, Overvalued between 12.17 and 13.35, and Strongly Overvalued above 13.35. The current Forward EV/EBIT of 10.28 falls within the Historic Trend Line -Fairly Valued range.
1.67
PS
Boyd Gaming Corp. (BYD) has a current PS of 1.67. The 5-year average PS is 1.75. The thresholds are as follows: Strongly Undervalued below 1.28, Undervalued between 1.28 and 1.52, Fairly Valued between 1.98 and 1.52, Overvalued between 1.98 and 2.22, and Strongly Overvalued above 2.22. The current Forward PS of 1.67 falls within the Historic Trend Line -Fairly Valued range.
8.20
P/OCF
Boyd Gaming Corp. (BYD) has a current P/OCF of 8.20. The 5-year average P/OCF is 7.04. The thresholds are as follows: Strongly Undervalued below 5.21, Undervalued between 5.21 and 6.13, Fairly Valued between 7.96 and 6.13, Overvalued between 7.96 and 8.88, and Strongly Overvalued above 8.88. The current Forward P/OCF of 8.20 falls within the Overvalued range.
14.26
P/FCF
Boyd Gaming Corp. (BYD) has a current P/FCF of 14.26. The 5-year average P/FCF is 11.21. The thresholds are as follows: Strongly Undervalued below 7.17, Undervalued between 7.17 and 9.19, Fairly Valued between 13.23 and 9.19, Overvalued between 13.23 and 15.24, and Strongly Overvalued above 15.24. The current Forward P/FCF of 14.26 falls within the Overvalued range.
Boyd Gaming Corp (BYD) has a current Price-to-Book (P/B) ratio of 2.54. Compared to its 3-year average P/B ratio of 3.68 , the current P/B ratio is approximately -30.96% higher. Relative to its 5-year average P/B ratio of 4.06, the current P/B ratio is about -37.44% higher. Boyd Gaming Corp (BYD) has a Forward Free Cash Flow (FCF) yield of approximately 6.12%. Compared to its 3-year average FCF yield of 8.66%, the current FCF yield is approximately -29.32% lower. Relative to its 5-year average FCF yield of 9.07% , the current FCF yield is about -32.46% lower.
2.54
P/B
Median3y
3.68
Median5y
4.06
6.12
FCF Yield
Median3y
8.66
Median5y
9.07
Competitors Valuation Multiple
The average P/S ratio for BYD's competitors is 1.30, providing a benchmark for relative valuation. Boyd Gaming Corp Corp (BYD) exhibits a P/S ratio of 1.67, which is 28.76% above the industry average. Given its robust revenue growth of 4.49%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of BYD increased by 12.29% over the past 1 year. The primary factor behind the change was an increase in Margin Expansion from 13.64 to 143.26.
The secondary factor is the Revenue Growth, contributed 4.49%to the performance.
Overall, the performance of BYD in the past 1 year is driven by Margin Expansion. Which is more sustainable.
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Frequently Asked Questions
Is Boyd Gaming Corp (BYD) currently overvalued or undervalued?
Boyd Gaming Corp (BYD) is now in the Undervalued zone, suggesting that its current forward PE ratio of 11.45 is considered Undervalued compared with the five-year average of 11.04. The fair price of Boyd Gaming Corp (BYD) is between 90.07 to 114.96 according to relative valuation methord. Compared to the current price of 88.33 USD , Boyd Gaming Corp is Undervalued By 1.93% .
What is Boyd Gaming Corp (BYD) fair value?
BYD's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average , adjusted by weights. The fair price of Boyd Gaming Corp (BYD) is between 90.07 to 114.96 according to relative valuation methord.
How does BYD's valuation metrics compare to the industry average?
The average P/S ratio for BYD's competitors is 1.30, providing a benchmark for relative valuation. Boyd Gaming Corp Corp (BYD) exhibits a P/S ratio of 1.67, which is 28.76% above the industry average. Given its robust revenue growth of 4.49%, this premium appears unsustainable.
What is the current P/B ratio for Boyd Gaming Corp (BYD) as of Jan 08 2026?
As of Jan 08 2026, Boyd Gaming Corp (BYD) has a P/B ratio of 2.54. This indicates that the market values BYD at 2.54 times its book value.
What is the current FCF Yield for Boyd Gaming Corp (BYD) as of Jan 08 2026?
As of Jan 08 2026, Boyd Gaming Corp (BYD) has a FCF Yield of 6.12%. This means that for every dollar of Boyd Gaming Corp’s market capitalization, the company generates 6.12 cents in free cash flow.
What is the current Forward P/E ratio for Boyd Gaming Corp (BYD) as of Jan 08 2026?
As of Jan 08 2026, Boyd Gaming Corp (BYD) has a Forward P/E ratio of 11.45. This means the market is willing to pay $11.45 for every dollar of Boyd Gaming Corp’s expected earnings over the next 12 months.
What is the current Forward P/S ratio for Boyd Gaming Corp (BYD) as of Jan 08 2026?
As of Jan 08 2026, Boyd Gaming Corp (BYD) has a Forward P/S ratio of 1.67. This means the market is valuing BYD at $1.67 for every dollar of expected revenue over the next 12 months.