Bally's Corp. (BALY) intrinsic value & 10-year financials

Bally's Corp. (BALY) has a Graham intrinsic value of $48.49 per share. At $13.02 on Oct 17, 2026, the stock trades 73% below that value.

Graham intrinsic value
$48.49
Share price (Oct 17, 2026)
$13.02
Price vs Graham value
73% below
Market cap
$631.1M
Revenue (FY2025)
—
Revenue growth (10-yr CAGR)
28.6%
ROIC (10-yr avg)
9.0%
Free cash flow (FY2025)
—

BALY 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 — — — — — —
FY2024 $2.5B -$567.8M -$11.71 -$85.8M -10.5% -5.1%
FY2023 $2.4B -$187.5M -$3.51 -$122.9M 4.2% 2.0%
FY2022 $2.3B -$425.5M -$7.32 $58.7M -13.0% -5.3%
FY2021 $1.3B -$71.8M -$1.45 -$14.8M 7.1% 2.6%
FY2020 $372.8M -$5.5M -$0.18 $4.2M -4.9% -0.9%
FY2019 $523.6M $55.1M $1.46 $65.9M 21.9% 12.5%
FY2018 $437.5M $71.4M $1.87 -$19.6M 27.6% 14.3%
FY2017 $421.1M $62.2M $1.56 $60.0M 29.4% 52.1%
FY2016 — — — — — —

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

Bally's Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.

Bally's Corp returns on capital have been average, hovering around 9.0% ROIC over the decade.

Bally's Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, Bally's Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $48.49 per share.

BALY stock: frequently asked questions

What is the intrinsic value of Bally's Corp. (BALY) stock?

Using Benjamin Graham's revised formula, V = EPS × (8.5 + 2g) × 4.4 / Y, with reported diluted earnings per share, a 15.0% normalized growth rate (capped at 15%) and a 5.1% AAA corporate bond yield, BALY's intrinsic value is about $48.49 per share.

Is BALY stock undervalued?

At $13.02 (close on Oct 17, 2026), BALY trades 73% below its Graham value of $48.49. On Graham's terms that leaves a margin of safety. A formula is a starting point for research, not a recommendation.

What is BALY's return on invested capital?

Average ROIC over the last 10 fiscal years was 9.0%, and average return on equity was -18.4%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this BALY data come from?

From Bally's Corp.'s annual 10-K filings on SEC EDGAR, most recently filed May 18, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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