Light & Wonder, Inc. Experiences Revision in Stock Evaluation Amid Competitive Market Landscape

Light & Wonder, Inc., a small-cap player in the leisure services industry, has recently undergone a valuation adjustment. The company's current P/E ratio stands at 21, while its price-to-book value is reported at 14.23. Other key financial metrics include an EV to EBIT of 16.00 and an EV to EBITDA of 10.90, indicating a solid operational performance. The company's return on capital employed (ROCE) is at 18.22%, and its return on equity (ROE) is notably high at 66.20%.
In comparison to its peers, Light & Wonder's valuation metrics present a mixed picture. For instance, Wynn Resorts has a significantly higher P/E ratio of 31.93, while MGM Resorts shows a lower P/E at 11.74. Boyd Gaming Corp. appears more attractive with a P/E of 11.80, whereas Super Group (SGHC) Ltd. is categorized as expensive with a P/E of 31.60. The performance of Light & Wonder has been under pressure, with a year-to-date return of -15.84%, contrasting sharply with the S&P 500's gain of 16.30% over the same period. This context highlights the competitive landscape within the leisure services sector.