Verdict: Side-by-side breakdown using the Bull Rankings model. BKNG scored 68.4, BYD scored 62.7 — BKNG leads.
Compare another set
BKNG
Booking Holdings Inc.
Travel Services · Quality-Growth
68.4
$160.34 · $120.5B
fundamentals as of
Score gap
5.7
BKNG leads
BYD
Boyd Gaming Corporation
Resorts & Casinos · Quality-Growth
62.7
$68.93 · $5.0B
fundamentals as of
At a glance · who leads each dimension, on the model's own rules
Fastest growthBKNG+12.9%
Highest qualityBKNG96 / 100
Largest discount to fair valueBKNG-32%
Side by side · every name on one set of axes
The model, pillar by pillar (0–100 each)
BKNG
stronger →← stronger
BYD
96
Qualityreturns · margins · balance sheet
68
50
Growthrevenue & earnings expansion
48
67
Valuevaluation vs sector peers
76
BKNG is stronger on 2 of 3 pillars.
Fundamentals, head-to-head
BKNG
BYD
$9.5bB+
FCF
-$50mF
+12.9%B+
Rev
+4.1%C+
Negative equity
D/E
1.30B
17.8xB
P/E
—
0.88B+
PEG
3.03D
—
P/S
1.2xB
Winner per row is the stronger grade; where grades tie, the better figure breaks it. A true tie or a missing value shows no highlight.
Valuation · DCF cross-check
BKNG
BYD
32% below
Price vs fair valuelower is cheaper
—
~2%/yr
Growth the price impliesyr-1 FCF growth, fading to 4% · lower = less priced in
—
+22%
1-yr DCF upside
—
+46%
5-yr DCF upside
—
+90%
10-yr DCF upside
—
The DCF is a cross-check on intrinsic value, separate from the quality-growth score above.
Model signals
BKNG
Why this score
Raising its dividend
Durable high returns
Cyclical growth
BYD
Why this score
Buying back stock
Raising its dividend
Durable high returns
Earnings outpace cash
The companies
BKNGBooking Holdings Inc.
Travel Services · $160.34 · beta 1.13
Why now
Travel Services · market cap $120.5b. Down 27% from 52-week high of $220.81 — deep drawdown territory. Revenue growing +13%, comfortably above the S&P median. PEG 0.88 — paying under fair value for the growth rate. 35 sell-side analysts rate this a Buy with a mean 1-yr target of $235.26 (implying +47% upside).
Moat
Net margin 19% beats the market median by a meaningful margin — the company is keeping more of every revenue dollar than the average S&P constituent. FCF converts 177% of net income — earnings translate cleanly into cash. $120.5b market cap gives the company enough scale to absorb fixed costs that subscale competitors can't, without yet being so large that growth has to come from acquisition.
Risk
Value re-rating depends on a catalyst. Without one — analyst day, divestiture, margin recovery, capital return — the stock can stay cheap on these multiples for years.
BYDBoyd Gaming Corporation
Resorts & Casinos · $68.93 · beta 1.13
Why now
Resorts & Casinos · market cap $5.0b. Down 25% from 52-week high of $91.41 — deep drawdown territory. 16 sell-side analysts rate this a Buy with a mean 1-yr target of $95.50 (implying +39% upside).
Moat
Net margin 44% is exceptional — pricing-power territory rare outside premium software, branded staples, and specialty pharma. ROE 93% — top-decile capital efficiency. Either pricing leverage, low capital intensity, or aggressive buybacks; the durability story depends on which.
Risk
Free cash flow is negative (-$50m) — capital raises or debt issuance likely required; dilution / leverage risk.
Verdict — model-derived comparison
Generating verdict… typically 5–10 seconds
Not investment advice. The Bull Rankings publishes a quantitative ranking model and accompanying analysis for general informational purposes only. Nothing on this page is a recommendation to buy, sell, or hold any security; nothing is personalized to your circumstances, risk tolerance, or tax situation. Investing carries the risk of loss — invest at your own risk and consider consulting a licensed financial professional before acting on anything you read here. See terms and methodology for full disclosures.
Where BKNG and BYD diverge
On the headline score the gap is 5.7 points in favor of BKNG. They get there differently, though — each leads on a different pillar, so the better pick depends on which you weight.
QualityBKNG 96.1 · BYD 67.9BKNG +28.2
ValueBKNG 66.5 · BYD 75.9BYD +9.4
GrowthBKNG 50.0 · BYD 47.8level
Pillars run 0–100. Value is judged against each company's own sector, so a Value score is a statement about a company relative to its own industry rather than to the other name here. A wide Value gap usually means the market already prices the difference in quality or growth — which is the trade-off this comparison comes down to.
Common questions
Is BKNG or BYD the better stock?
BKNG scores higher: BKNG 68.4, BYD 62.7 out of 100 on the Bull Rankings quality-growth score, which blends business quality, growth and valuation into one number. A higher score means a stronger business at a more reasonable price — it is not a price target or a recommendation.
Where do BKNG and BYD differ most?
The widest gap is quality, where BKNG leads by 28 points on the 0–100 pillar scale. Neither name sweeps: they trade the lead across the three pillars, so the comparison is a trade-off rather than one being better on every measure.
How are BKNG and BYD scored?
Each carries the same 0–100 quality-growth score used everywhere on the site, built from three pillars — quality (profitability and returns on capital), growth (revenue and earnings), and value (what you pay for them) — combined as a geometric mean, so a weak pillar cannot be papered over by a strong one.
How current is this comparison?
The whole universe is re-scored every trading day after the US market close, so the scores and fundamentals here reflect the latest published edition.