BYDBoyd Gaming Corporation

$69.21-19% 1Y
Latest close: a new 52-week lowSep 28, 2026what changed →

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 73 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Boyd Gaming Corporation scores higher than 89% of the 1,794 companies Ryufin scores.

Carried by valuation and capital allocation, held back by earnings quality.

Consumer Cyclical median 61 · all companies 50

Valuation

26% of the score

79median 13

Boyd Gaming Corporation is valued at 11.3x its operating profit before acquisition amortisation (EBITA), including debt: a low multiple.

25x
20x
15x
10x
6x
11.3x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

56median 34

Over 7 years the business earned 10% a year after tax on the capital it uses.

2%
8%
15%
25%
10%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 11%

Return on new capital

16% of the score

80median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 9 cents. It did so while using less capital than before.

-5%
12%
8.6%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

100median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 6.4% a year over 5 years: buybacks
100
5%
-3%
-6.4%
0 pointsfull points
Assets against salesAssets grew 0.1% a year, sales 13%
100
12%
-2%
-13%
0 pointsfull points

Cycle position

12% of the score

90median 62

Today's operating margin of 16% is 0.79x its normal 21%: below its usual level, with room to recover. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
0.8x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 16%

Balance sheet

8% of the score

48median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA2.2x a year of EBITDA
56
4.5x
0.5x
2.2x
0 pointsfull points
Interest coverOperating profit covers interest 6x
40
1.5x
12x
5.7x
0 pointsfull points

Earnings quality

6% of the score

24median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 0.94x profit over 3 years
47
0.7x
1x
1.3x
0.9x
0 pointsfull points
AccrualsProfit ran ahead of cash by 13.4% of assets
0
8%
0%
-8%
13%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.