Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Boyd Gaming's Enterprise Value is $9,442 Mil.
Boyd Gaming's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $924 Mil. Therefore, Boyd Gaming's EV-to-EBIT ratio for today is 10.22.
EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Boyd Gaming's Enterprise Value is $9,442 Mil.
Boyd Gaming's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $1,181 Mil. Therefore, Boyd Gaming's EV-to-EBITDA ratio for today is 8.00.
EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Boyd Gaming's Enterprise Value is $9,442 Mil.
Boyd Gaming's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,738 Mil. Therefore, Boyd Gaming's EV-to-Revenue ratio for today is 2.53.
Boyd Gaming Enterprise Value Historical Data
The historical data trend for Boyd Gaming's Enterprise Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Boyd Gaming's Enterprise Value
For the Resorts & Casinos subindustry, Boyd Gaming's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Boyd Gaming's Enterprise Value Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Boyd Gaming's Enterprise Value distribution charts can be found below:
* The bar in red indicates where Boyd Gaming's Enterprise Value falls into.
Boyd Gaming Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
Boyd Gaming's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Boyd Gaming (NYSE:BYD) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
Boyd Gaming's current Enterprise Value is $9,442 Mil.
Boyd Gaming's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $924 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
Boyd Gaming's current Enterprise Value is $9,442 Mil.
Boyd Gaming's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,181 Mil.
Boyd Gaming's current Enterprise Value is $9,442 Mil.
Boyd Gaming's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,738 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Boyd Gaming Enterprise Value Related Terms
Thank you for viewing the detailed overview of Boyd Gaming's Enterprise Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Boyd Gaming Corp is a multi-jurisdictional gaming company. The company operates wholly owned gaming entertainment properties (casino space, slot machines, table games, and hotel rooms) in Nevada, Illinois, Indiana, Iowa, Kansas, Louisiana, Mississippi, Missouri, Ohio, and Pennsylvania. Its business segments are separated by geographical regions: Las Vegas Locals; Downtown Las Vegas; and Midwest and South. Midwest and South holds the largest number of entertainment properties, and it generates most sales for the company. Boyd generates most of its revenue from its gaming operations.
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