Bally's Corporation Common Stock (BALY)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look for businesses that earn consistent profits, generate cash, and carry modest debt. Bally's fails most of those tests. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $792.2 million, up from $657.5 million in fiscal Q2 2025, yet net loss was $146.1 million, or $2.41 per diluted share. That is better than the $228.4 million loss in fiscal Q2 2025, but it is still a loss. The full-year record is worse: fiscal 2024 revenue was $2.5 billion with a $567.8 million net loss and $11.71 diluted EPS loss; fiscal 2023 lost $187.5 million; fiscal 2022 lost $425.5 million. FairStock's Lynch rule finds no category because the company has lost money in each of the last four years. Cash is the real problem. Trailing free cash flow is negative $945.8 million, a negative 136.2% FCF yield against the $694.5 million market cap at the 2026-10-13 close. Debt-to-equity is 3.18, Altman Z-Score is -0.01, and Piotroski is 3/9, symptoms of a leveraged, cash-consuming enterprise. Return on equity is negative 56.64%, and ROCE is negative 0.06%. Valuation does not rescue it. P/B is 1.05, so at $13.76 the stock trades near accounting book, but book value can be illusory when losses persist. EV/EBITDA is 24.47, not cheap for a casino operator. Revenue growth of roughly 20% in fiscal Q2 2026 is encouraging, but growth without profit and cash generation is not value. I would need to see sustained positive earnings, free cash flow, and debt reduction before calling this a sound Graham-style bargain.

In plain English: Bally's runs casinos, hotels, and online betting in the U.S. and U.K. Sales are growing, but the company has lost money every recent year and uses a lot of cash, so the business looks financially weak. At $13.76, the stock trades near its accounting value, and FairStock gives it a middle-of-the-road 62 out of 100 score; the losses still make it hard to call the price cheap.

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Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2024 10-K/A (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31) · FY2022 10-K (period ended 2022-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer