Apple Hospitality Reit, Inc.
$5.22B- Market cap
- $3.69B
- Debt
- +$1.54B
- Cash
- −$8.52M
Capital structure 71% equity / 29% debt · EV / Revenue 3.69x · EV / EBITDA 28.94x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
FY 2025 ·
Decision snapshot: APLE stock price at premium vs BYD $15.61 current versus $2.56 implied using P/E multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at BYD's multiple
Implied fair value · at APLE's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth lag
Pricing power
Operating leverage
Multiple premium
Expensive
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: APLE FY 2025 (ended Dec 31, 2025) · BYD FY 2025 (ended Dec 31, 2025).
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 71% equity / 29% debt · EV / Revenue 3.69x · EV / EBITDA 28.94x
Capital structure 73% equity / 27% debt · EV / Revenue 1.80x · EV / EBITDA 2.56x
BYD carries the larger enterprise value at $7.36B against $5.22B; BYD trades on the lower EV / Revenue multiple (1.80x vs 3.69x); BYD on the lower EV / EBITDA (2.56x vs 28.94x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
APPLE HOSPITALITY REIT, INC. · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
BOYD GAMING CORP · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Not enough data to score either balance sheet.
Debt / equity
Total debt against shareholders' equity
0.49x
0.78x
Net debt / EBITDA
Leverage against operating earnings
8.49x
0.59x
Cash and equivalents
Liquid reserves on the balance sheet
$8.52M
$353.41M
Total debt
Interest-bearing obligations outstanding
$1.54B
$2.05B
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
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