BALY (Ballys) Scaled Net Operating Assets: 0.77 (As of Mar. 2026)


BALY Ballys Corp BALY
55 GF Score
Price $14.98
GF Value $13.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Ballys Scaled Net Operating Assets?

Ballys BALY +3.60% 55 Scaled Net Operating Assets is 0.77 as of Mar. 2026. GuruFocus rates BALY with a GF Score™ of 55/100 and a GF Value™ of $13.21 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ballys's operating assets for the quarter that ended in Mar. 2026 was $10,371 Mil. Ballys's operating liabilities for the quarter that ended in Mar. 2026 was $1,762 Mil. Ballys's Total Assets for the quarter that ended in Dec. 2025 was $11,230 Mil. Therefore, Ballys's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.77.


Ballys Scaled Net Operating Assets Historical Data

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The historical data trend for Ballys's Scaled Net Operating Assets 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.

Ballys Scaled Net Operating Assets Chart

Ballys Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 0.78 0.88 0.70 1.40

Ballys Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.05 0.82 0.77 1.08 0.77

BALY vs MSC, FLL, CPHC: Scaled Net Operating Assets Comparison

For the Resorts & Casinos subindustry, Ballys's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Ballys Scaled Net Operating Assets vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ballys's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Ballys's Scaled Net Operating Assets falls into.


BALY
55GF Score
Ballys Corp BALY
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Ballys Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Ballys's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(10431.953-2251.052)/5860.137
=1.40

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=11230.376 - 798.423
=10431.953

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8685.546 - 6292.503 - 141.991
=2251.052

Ballys's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(10370.758-1762.111)/11230.376
=0.77

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=10930.062 - 559.304
=10370.758

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=8587.476 - 6685.515 - 139.85
=1762.111

* 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.

What does a Scaled Net Operating Assets of 0.77 mean?
Ballys (BALY) has a Scaled Net Operating Assets of 0.77 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ballys and its competitors.
Is Ballys' Scaled Net Operating Assets too high?
Ballys' current Scaled Net Operating Assets is 0.77. Overall, Ballys has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ballys' Scaled Net Operating Assets compare to MSC and FLL?
Ballys' Scaled Net Operating Assets of 0.77 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Travel & Leisure company?
A good Scaled Net Operating Assets depends on the Travel & Leisure industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Ballys and its competitors. Ballys's current Scaled Net Operating Assets is 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ballys stock overvalued right now?
Based on GuruFocus' analysis, Ballys (BALY) is currently considered Modestly Overvalued. The stock's GF Value™ is $13.21, compared to a current price of $14.98 — trading 13.4% above its estimated fair value. The current Scaled Net Operating Assets is 0.77. Ballys' overall GF Score™ is 55/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Ballys (BALY), the current Scaled Net Operating Assets is 0.77 as of Mar. 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 Ballys (BALY) Overvalued in 2026?

Based on GuruFocus' analysis, Ballys stock appears to be overvalued. The current stock price of $14.98 is trading 13.4% above its estimated GF Value™ of $13.21. GuruFocus considers Ballys to be Modestly Overvalued.

Key valuation signals for BALY:

  • Scaled Net Operating Assets: 0.77
  • GF Value™: $13.21 vs. price of $14.98 (13.4% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the BALY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ballys Business Description

Address 100 Westminster Street, Providence, RI, USA, 02903
Ballys Corp is a gaming, hospitality, entertainment, and technology company operating across casino, interactive, and lottery markets. It provides physical and interactive gaming experiences, including casino gaming, iGaming, sportsbook, online bingo, free-to-play games, and technology-driven lottery solutions. The company's segments include Casinos & Resorts, which generates maximum revenue and operates casino and resort properties, a horse racetrack, and a golf course; Bally's Intralot B2B, which provides lottery and technology services; Bally's Intralot B2C, which includes interactive gaming and lottery operations, including a UK casino; and North America Interactive, which includes sports betting and iGaming operations in the United States and Canada.
55GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$14.98
Price
$13.21
GF Value