Boyd Gaming Current Valuation vs. Profit Margin
| BO5 Stock | EUR 68.00 0.50 0.74% |
For Boyd Gaming profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Boyd Gaming to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Boyd Gaming utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Boyd Gaming's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Boyd Gaming over time as well as its relative position and ranking within its peers.
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Boyd Gaming Profit Margin vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Boyd Gaming's current stock value. Our valuation model uses many indicators to compare Boyd Gaming value to that of its competitors to determine the firm's financial worth. Boyd Gaming is rated below average in current valuation category among its peers. It is rated third in profit margin category among its peers . The ratio of Current Valuation to Profit Margin for Boyd Gaming is about 50,533,609,227 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Boyd Gaming's earnings, one of the primary drivers of an investment's value.Boyd Current Valuation vs. Competition
Boyd Gaming is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Resorts & Casinos industry is currently estimated at about 204.28 Billion. Boyd Gaming holds roughly 9.09 Billion in current valuation claiming about 4% of equities listed under Resorts & Casinos industry.
Boyd Profit Margin vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
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| = | 9.09 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Boyd Gaming |
| = | 0.18 % |
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
Boyd Profit Margin Comparison
Boyd Gaming is rated second in profit margin category among its peers.
Boyd Gaming Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Boyd Gaming, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Boyd Gaming will eventually generate negative long term returns. The profitability progress is the general direction of Boyd Gaming's change in net profit over the period of time. It can combine multiple indicators of Boyd Gaming, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Boyd Gaming Corporation, together with its subsidiaries, operates as a multi-jurisdictional gaming company. The company was founded in 1973 and is headquartered in Las Vegas, Nevada. BOYD GAMING operates under Resorts Casinos classification in Germany and is traded on Frankfurt Stock Exchange. It employs 23477 people.
Boyd Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Boyd Gaming. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Boyd Gaming position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Boyd Gaming's important profitability drivers and their relationship over time.
Use Boyd Gaming in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Boyd Gaming position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Boyd Gaming will appreciate offsetting losses from the drop in the long position's value.Boyd Gaming Pair Trading
Boyd Gaming Pair Trading Analysis
The ability to find closely correlated positions to Boyd Gaming could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Boyd Gaming when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Boyd Gaming - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Boyd Gaming to buy it.
The correlation of Boyd Gaming is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Boyd Gaming moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Boyd Gaming moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Boyd Gaming can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Boyd Gaming position
In addition to having Boyd Gaming in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Additional Information and Resources on Investing in Boyd Stock
When determining whether Boyd Gaming is a strong investment it is important to analyze Boyd Gaming's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Boyd Gaming's future performance. For an informed investment choice regarding Boyd Stock, refer to the following important reports:Check out Trending Equities. For more detail on how to invest in Boyd Stock please use our How to Invest in Boyd Gaming guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
To fully project Boyd Gaming's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Boyd Gaming at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Boyd Gaming's income statement, its balance sheet, and the statement of cash flows.