BYD Financial Dataset

Citation Author(s):
Nguyen
Linh
Submitted by:
Tommy Do
Last updated:
Sat, 08/31/2024 - 19:48
DOI:
10.21227/vqdw-az03
License:
55 Views
Categories:
Keywords:
0
0 ratings - Please login to submit your rating.

Abstract 

Since the beginning of 2021, BYD has traded in a choppy $20/sh range, and it is now in the bottom of that range.  Over that period, BYD has been steadily repurchasing its shares and has reduced its total share count by 15%.  It has also reduced its debt from $4.0bn to $2.9bn, or net leverage of just 2.5x (including leases).  All of this, while continuing to invest in its properties.  On an enterprise level, BYD trades at 6.5x EBITDAR and a mid-teens% FCF yield to the equity.  When backing out the value of its stake in FanDuel and the implied value of its Las Vegas Locals segment, BYD’s regional casinos business trades at just 2.7x EBITDAR. 

To access more financial datasets, check out these amazing stock investing resources: