(BALY) Bally's - Overview
Stock: Casinos, Sportsbook, iCasino, Interactive Gaming, Lottery
EPS (Earnings per Share)
Revenue
| Risk 5d forecast | |
|---|---|
| Volatility | 48.5% |
| Relative Tail Risk | -10.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.44 |
| Alpha | -17.25 |
| Character TTM | |
|---|---|
| Beta | 1.274 |
| Beta Downside | 1.009 |
| Drawdowns 3y | |
|---|---|
| Max DD | 62.89% |
| CAGR/Max DD | -0.12 |
Description: BALY Bally's December 27, 2025
Bally’s Corp (NYSE:BALY) operates a diversified gaming portfolio that includes 20 casino properties across 11 U.S. states and the United Kingdom, a New York golf course, a Colorado horse-track, and online platforms such as Bally Bet (sportsbook) and Bally Casino (iCasino). The company also holds OSB licenses in 13 North-American jurisdictions and maintains a strategic equity position in lottery-services firm Intralot (ATSE:INLOT).
As of FY 2023, Bally reported approximately $2.5 billion in total revenue, with an adjusted EBITDA margin near 30 %-both metrics that historically correlate with higher multiples in the casinos & gaming sub-industry. Same-store slot revenue grew roughly 8 % YoY, reflecting resilient consumer discretionary spending despite a tightening monetary environment.
The firm serves over 31 million customers through its loyalty ecosystem, operates ~17,700 slot machines and 630 table games, and manages 3,950 hotel rooms staffed by 11,500 employees. A material development catalyst is the 40-acre former Tropicana Las Vegas site, where Bally holds rights to future hotel-casino construction-a potential upside that hinges on permitting timelines and capital allocation decisions.
Key macro drivers include U.S. consumer confidence, disposable income trends, and regional regulatory changes affecting online betting licenses; any adverse shift in these variables could materially impact revenue growth assumptions.
For a deeper quantitative view of BALY’s valuation metrics, the ValueRay platform offers a concise dashboard worth checking.
Piotroski VR‑10 (Strict, 0-10) 1.0
| Net Income: -591.1m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.04 > 0.02 and ΔFCF/TA -2.18 > 1.0 |
| NWC/Revenue: -11.73% < 20% (prev -15.63%; Δ 3.90% < -1%) |
| CFO/TA -0.01 > 3% & CFO -72.2m > Net Income -591.1m |
| Net Debt (5.39b) to EBITDA (411.3m): 13.10 < 3 |
| Current Ratio: 0.68 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.7m) vs 12m ago 24.88% < -2% |
| Gross Margin: 51.89% > 18% (prev 0.54%; Δ 5135 % > 0.5%) |
| Asset Turnover: 36.10% > 50% (prev 38.74%; Δ -2.64% > 0%) |
| Interest Coverage Ratio: 0.08 > 6 (EBITDA TTM 411.3m / Interest Expense TTM 439.9m) |
Altman Z'' -0.39
| A: -0.04 (Total Current Assets 637.1m - Total Current Liabilities 932.7m) / Total Assets 7.55b |
| B: -0.04 (Retained Earnings -296.8m / Total Assets 7.55b) |
| C: 0.01 (EBIT TTM 35.3m / Avg Total Assets 6.98b) |
| D: -0.03 (Book Value of Equity -230.3m / Total Liabilities 7.03b) |
| Altman-Z'' Score: -0.39 = B |
Beneish M -2.09
| DSRI: 2.21 (Receivables 246.3m/109.6m, Revenue 2.52b/2.48b) |
| GMI: 1.05 (GM 51.89% / 54.38%) |
| AQI: 0.93 (AQ_t 0.56 / AQ_t-1 0.60) |
| SGI: 1.02 (Revenue 2.52b / 2.48b) |
| TATA: -0.07 (NI -591.1m - CFO -72.2m) / TA 7.55b) |
| Beneish M-Score: -2.09 (Cap -4..+1) = BB |
What is the price of BALY shares?
Over the past week, the price has changed by -1.90%, over one month by -14.05%, over three months by -12.44% and over the past year by +3.09%.
Is BALY a buy, sell or hold?
- StrongBuy: 0
- Buy: 0
- Hold: 5
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the BALY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 16.3 | 8.4% |
| Analysts Target Price | 16.3 | 8.4% |
| ValueRay Target Price | 14.3 | -4.9% |
BALY Fundamental Data Overview February 03, 2026
P/S = 0.3016
P/B = 1.4168
Revenue TTM = 2.52b USD
EBIT TTM = 35.3m USD
EBITDA TTM = 411.3m USD
Long Term Debt = 3.72b USD (from longTermDebt, last quarter)
Short Term Debt = 112.6m USD (from shortTermDebt, last quarter)
Debt = 5.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 5.39b USD (from netDebt column, last quarter)
Enterprise Value = 6.14b USD (751.2m + Debt 5.63b - CCE 239.9m)
Interest Coverage Ratio = 0.08 (Ebit TTM 35.3m / Interest Expense TTM 439.9m)
EV/FCF = -22.46x (Enterprise Value 6.14b / FCF TTM -273.3m)
FCF Yield = -4.45% (FCF TTM -273.3m / Enterprise Value 6.14b)
FCF Margin = -10.85% (FCF TTM -273.3m / Revenue TTM 2.52b)
Net Margin = -23.45% (Net Income TTM -591.1m / Revenue TTM 2.52b)
Gross Margin = 51.89% ((Revenue TTM 2.52b - Cost of Revenue TTM 1.21b) / Revenue TTM)
Gross Margin QoQ = 44.21% (prev 55.89%)
Tobins Q-Ratio = 0.81 (Enterprise Value 6.14b / Total Assets 7.55b)
Interest Expense / Debt = 3.12% (Interest Expense 175.4m / Debt 5.63b)
Taxrate = 21.0% (US default 21%)
NOPAT = 27.9m (EBIT 35.3m * (1 - 21.00%))
Current Ratio = 0.68 (Total Current Assets 637.1m / Total Current Liabilities 932.7m)
Debt / Equity = 10.79 (Debt 5.63b / totalStockholderEquity, last quarter 521.5m)
Debt / EBITDA = 13.10 (Net Debt 5.39b / EBITDA 411.3m)
Debt / FCF = -19.72 (negative FCF - burning cash) (Net Debt 5.39b / FCF TTM -273.3m)
Total Stockholder Equity = 494.8m (last 4 quarters mean from totalStockholderEquity)
RoA = -8.47% (Net Income -591.1m / Total Assets 7.55b)
RoE = -119.5% (Net Income TTM -591.1m / Total Stockholder Equity 494.8m)
RoCE = 0.84% (EBIT 35.3m / Capital Employed (Equity 494.8m + L.T.Debt 3.72b))
RoIC = 0.69% (NOPAT 27.9m / Invested Capital 4.02b)
WACC = 3.42% (E(751.2m)/V(6.38b) * Re(10.61%) + D(5.63b)/V(6.38b) * Rd(3.12%) * (1-Tc(0.21)))
Discount Rate = 10.61% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 8.47%
Fair Price DCF = unknown (Cash Flow -273.3m)
EPS Correlation: -21.60 | EPS CAGR: -0.15% | SUE: 0.33 | # QB: 0
Revenue Correlation: 85.41 | Revenue CAGR: 5.26% | SUE: -0.33 | # QB: 0
EPS next Quarter (2026-03-31): EPS=-0.62 | Chg30d=+0.120 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=-2.00 | Chg30d=+0.380 | Revisions Net=-1 | Growth EPS=+70.0% | Growth Revenue=+9.9%