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Boyd GamingBYD -0.27%87 EV-to-OCF is 14.53 as of Aug. 03, 2026, which is 13% above its 10-year median of 12.88. GuruFocus rates BYD with a GF Score™ of 87/100 and a GF Value™ of $90.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 856 Travel & Leisure companies, Boyd Gaming ranks worse than 67.76% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Boyd Gaming's Enterprise Value is $9,097 Mil.
Boyd Gaming's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $626 Mil. Therefore, Boyd Gaming's EV-to-OCF for today is 14.53.
The historical rank and industry rank for Boyd Gaming's EV-to-OCF or its related term are showing as below:
BYD'
s EV-to-OCF Range Over the Past 10 Years
Min: 8.86 Med: 12.88 Max: 40.06
Current: 14.53
During the past 13 years, the highest EV-to-OCF of Boyd Gaming was 40.06. The lowest was 8.86. And the median was 12.88.
BYD's EV-to-OCF is ranked worse than 67.76% of 856
companies
in the Travel & Leisure industry
Industry Median: 9.18
vs BYD: 14.53
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Boyd Gaming's PE Ratio (TTM) for today is calculated as:
Boyd Gaming's share price for today is $84.83.
Boyd Gaming's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $22.720.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Boyd Gaming EV-to-OCF Related Terms
Boyd Gaming EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Boyd Gaming's EV-to-OCF 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.
For the Resorts & Casinos subindustry, Boyd Gaming's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Boyd Gaming's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Boyd Gaming's EV-to-OCF falls into.
Boyd Gaming's current Enterprise Value is $9,097 Mil.
Boyd Gaming's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $626 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 (BYD) has a EV-to-OCF of 14.53 as of Aug. 03, 2026. This is 13% above median its historical median of 12.88. Over the past decade, Boyd Gaming's EV-to-OCF has ranged from 8.86 to 40.06. According to the industry distribution chart, Boyd Gaming ranks #580 out of 856 companies in the Travel & Leisure industry, placing it in the top 67.8%.
Is Boyd Gaming's EV-to-OCF too high?
Boyd Gaming's current EV-to-OCF of 14.53 is 13% above median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 8.86 to a high of 40.06. The Travel & Leisure industry median EV-to-OCF is 9.18. Boyd Gaming's value of 14.53 is 58.3% above this industry median. Based on the distribution chart, Boyd Gaming ranks #580 out of 856 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Boyd Gaming has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Boyd Gaming's EV-to-OCF compare to CZR and MTN?
According to the Travel & Leisure industry distribution chart, Boyd Gaming ranks #580 out of 856 companies for EV-to-OCF. This places Boyd Gaming in the lower half of its industry. The industry median EV-to-OCF is 9.18. Boyd Gaming's value of 14.53 is 58.3% above this benchmark. Historically, Boyd Gaming's own EV-to-OCF has ranged from 8.86 to 40.06 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 9.18, Boyd Gaming has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-OCF for a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.18, based on 856 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Boyd Gaming's current EV-to-OCF of 14.53 is 58.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median EV-to-OCF is 9.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Boyd Gaming's current EV-to-OCF is 14.53, which is 13% above median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Boyd Gaming stock overvalued right now?
Based on GuruFocus' analysis, Boyd Gaming (BYD) is currently considered Fairly Valued. The stock's GF Value™ is $90.86, compared to a current price of $84.83 — trading 6.6% below its estimated fair value. The current EV-to-OCF is 14.53, which is 13% above median its 10-year median of 12.88 and 58.3% above the Travel & Leisure industry median of 9.18. Boyd Gaming's overall GF Score™ is 87/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Boyd Gaming (BYD), the current EV-to-OCF is 14.53 as of Aug. 03, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Boyd Gaming (BYD) Overvalued in 2026?
Based on GuruFocus' analysis, Boyd Gaming stock appears to be undervalued.
The current stock price of $84.83 is trading 6.6% below its estimated GF Value™ of $90.86.
GuruFocus considers Boyd Gaming to be Fairly Valued.
Key valuation signals for BYD:
EV-to-OCF: 14.53 (13% above median its 10-year median of 12.88)
GF Value™: $90.86 vs. price of $84.83 (6.6% below fair value)
Industry Position: 58.3% above the Travel & Leisure median (#580 of 856)
No single metric tells the full story. See the BYD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. Geographical regions separate its business segments: Las Vegas Locals, Downtown Las Vegas, Midwest and South, and Online. The Midwest and South hold the key number of entertainment properties and generate the majority of the company's revenue.
87GF Score
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