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Top 5 Companies in the Casinos & Gaming Industry With the Highest EV/EBITDA Ratio (PNK, WYNN, LVS, CHDN, BYD)

By Shiri Gupta

Below are the three companies in the Casinos & Gaming industry with the highest enterprise value to EBITDA (EV/EBITDA) ratios. EV/EBITDA is an important metric used in valuing comparable companies. It is capital structure neutral and generally the lower the ratio, the more undervalued the company is believed to be.

Pinnacle Entertainment ranks highest with a an EV/EBITDA ratio of 74.82. Wynn Resorts is next with a an EV/EBITDA ratio of 23.51. Las Vegas Sands ranks third highest with a an EV/EBITDA ratio of 16.65.

Churchill Downs follows with a an EV/EBITDA ratio of 12.94, and Boyd Gaming rounds out the top five with a an EV/EBITDA ratio of 12.64.

SmarTrend recommended that subscribers consider buying shares of Boyd Gaming on November 14th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $19.04. Since that recommendation, shares of Boyd Gaming have risen 32.3%. We continue to monitor Boyd Gaming for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest ev/ebitda ratio pinnacle entertainment wynn resorts Las Vegas Sands churchill downs boyd gaming