BABA
Alibaba Group Holding Limited
BABA has the edge over FLL overall, supported by lower modeled downside.
FLL
Full House Resorts, Inc.
FLL offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
BABA Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Weak | |
| Healthy |
BABA's balance sheet is currently healthy, and its revenue is stable, but its profitability and cash flow are under pressure.
FLL Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Under pressure | |
| Stable | |
| Weak |
FLL's revenue and cash flow are currently stable, but its profitability and balance sheet are under pressure.
BABA PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 16x | $69.66 | -26% |
| Fair | 20x | $86.59 | -8.2% |
| Current | 21x | $94.36 | — |
| Expensive | 26x | $115 | +22% |
Historical ranges are pointers, not guarantees.
BABA's PE is 21x, but its earnings don't support one, so it isn't a reliable read right now.
FLL PE Valuation
FLL has no meaningful PE right now: it lost money over the past year.
BABA Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
BABA has the edge over FLL on the outlook, with more favorable earnings and revenue expectations.
FLL Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses growing | |
| Stable | |
| Strongly weakening | |
| Limited | |
| Low |
Analysts expect FLL's losses to grow, with revenue holding steady. However, they disagree widely on these estimates.
BABA Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $4.42 | -52% |
| Q1 2026 | $6.57 | -18% |
| Q4 2025 | $5.79 | -22% |
| Q3 2025 | $7.85 | +49% |
| Q2 2025 | $9.27 | +116% |
| Q1 2025 | $8.06 | +71% |
| Q4 2024 | $7.47 | +24% |
| Q3 2024 | $5.26 | -35% |
BABA has the edge over FLL on earnings quality, reporting a profit while its opponent remains loss making.
FLL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$1.06 | +$0.05 |
| Q2 2026 | -$1.03 | +$0.11 |
| Q1 2026 | -$1.08 | +$0.02 |
| Q4 2025 | -$1.12 | +$0.04 |
| Q3 2025 | -$1.11 | +$0.07 |
| Q2 2025 | -$1.14 | -$0.33 |
| Q1 2025 | -$1.10 | -$0.38 |
| Q4 2024 | -$1.16 | -$0.44 |
FLL lost $1.06 per share over the past year, about the same as its loss the year before.
BABA Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $40.2B | +8.3% |
| Q1 2026 | $36.5B | +2.9% |
| Q4 2025 | $42.7B | +1.7% |
| Q3 2025 | $37.2B | +4.8% |
| Q2 2025 | $37.2B | +1.8% |
| Q1 2025 | $35.5B | +6.6% |
| Q4 2024 | $42B | +7.6% |
| Q3 2024 | $35.5B | +5.2% |
BABA has the edge over FLL on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.2% | -6.9 points |
| Q1 2026 | -0.3% | -12 points |
| Q4 2025 | 7.1% | -7.6 points |
| Q3 2025 | 2.2% | -13 points |
| Q2 2025 | 14% | -0.7 points |
| Q1 2025 | 12% | +5.4 points |
| Q4 2024 | 15% | +6.1 points |
| Q3 2024 | 15% | 0 points |
BABA has the edge over FLL on profitability, with a higher operating margin.
FLL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $81.8M | +4.9% |
| Q2 2026 | $78.1M | +5.6% |
| Q1 2026 | $74.4M | -0.8% |
| Q4 2025 | $75.4M | +3.4% |
| Q3 2025 | $78M | +3% |
| Q2 2025 | $73.9M | +0.6% |
| Q1 2025 | $75.1M | +7.3% |
| Q4 2024 | $73M | +22% |
FLL's revenue grew through 2024 and has held roughly level since: $82M last quarter, up 4.9% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.4% | +1 points |
| Q2 2026 | 2.9% | +3 points |
| Q1 2026 | 3.2% | +2.2 points |
| Q4 2025 | -1.3% | +0.6 points |
| Q3 2025 | 4.4% | +1.2 points |
| Q2 2025 | -0.1% | -3.3 points |
| Q1 2025 | 1% | +1.9 points |
| Q4 2024 | -1.9% | +6.6 points |
FLL's operating margin was 5.4% last quarter, up 1 points from the same quarter a year ago.
BABA Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$6.7B | -$4.1B |
| Q1 2026 | -$2.7B | +$1.5B |
| Q4 2025 | $1B | -90% |
| Q3 2025 | -$3.2B | -254% |
| Q2 2025 | -$2.7B | -182% |
| Q1 2025 | -$4.2B | -12231% |
| Q4 2024 | $10.4B | -4.8% |
| Q3 2024 | $2.1B | -62% |
BABA's free cash flow has turned negative after years in the green: −$11.6B over the past year.
FLL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $261K | +$5.8M |
| Q2 2026 | $1.1M | -76% |
| Q1 2026 | -$6.5M | +$5.8M |
| Q4 2025 | $10.7M | +55% |
| Q3 2025 | -$5.5M | +$11.9M |
| Q2 2025 | $4.5M | +$5.7M |
| Q1 2025 | -$12.3M | +$14.7M |
| Q4 2024 | $6.9M | +$16.4M |
FLL has the edge over BABA on cash generation, producing positive trailing cash flow while its opponent burns cash.
BABA Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +11.1M shares |
| 1 year | +0.9% | +21.4M shares |
| 3 years | -6.2% | -161M shares |
| 5 years | -12% | -339M shares |
| Available history | -8.4% | -221M shares |
BABA has the edge over FLL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | $269.8M |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
BABA spent $270M buying back its own shares over the past year, after none the year before.
FLL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +192K shares |
| 1 year | +1.5% | +532K shares |
| 3 years | -0.1% | -30K shares |
| 5 years | 0% | +7K shares |
| Available history | +36% | +9.7M shares |
FLL has 37M diluted shares, up 1.5% from a year ago.
BABA Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 0.5x | Very low |
| Q1 2026 | 0.5x | Very low |
| Q4 2025 | 0.6x | Very low |
| Q3 2025 | 0.8x | Very low |
| Q2 2025 | 0.2x | Very low |
| Q1 2025 | 0.3x | Very low |
| Q4 2024 | 0.1x | Very low |
| Q3 2024 | -0.2x | Net Cash |
BABA has the edge over FLL on leverage, with a lower net debt burden relative to earnings.
FLL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 8.9x | High |
| Q2 2026 | 8.8x | High |
| Q1 2026 | 9.4x | High |
| Q4 2025 | 9.5x | High |
| Q3 2025 | 9.8x | High |
| Q2 2025 | 9.9x | High |
| Q1 2025 | 9.6x | High |
| Q4 2024 | 9.5x | High |
FLL's net debt is about 8.9 years of its operating earnings (EBITDA), down from 9.8 years a year ago.
BABA Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 38.0 | Neutral |
| Stochastic | 12.7 | Oversold |
BABA's weekly RSI is 38 (neutral) and its Stochastic is 13 (oversold).
FLL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 20.4 | Oversold |
| Stochastic | 2.1 | Oversold |
FLL's weekly RSI is 20 (oversold) and its Stochastic is 2 (oversold).
BABA PE vs Consumer Cyclical Sector
| Metric | BABA | Sector median | Relative |
|---|---|---|---|
| PE | 21x | 18x | 19% above |
| PE % | 60 | 47 | 13 pts above |
BABA is trading at 21x earnings, a 19% premium to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
FLL PE vs Consumer Cyclical Sector
| Metric | FLL | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 18x | — |
FLL has no meaningful PE right now: it lost money over the past year.
BABA Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $104.7 | 9.9% below |
| 20 week MA | $111.1 | 15% below |
| 50 week MA | $128.0 | 26% below |
| 100 week MA | $127.7 | 26% below |
| 200 week MA | $106.4 | 11% below |
BABA is in a downtrend: it's below all five of its weekly moving averages, and 11% below its 200-week average.
FLL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $1.03 | 46% below |
| 20 week MA | $1.77 | 68% below |
| 50 week MA | $2.26 | 75% below |
| 100 week MA | $3.00 | 81% below |
| 200 week MA | $4.33 | 87% below |
FLL is in a downtrend: it's below all five of its weekly moving averages, and 87% below its 200-week average.
BABA Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $215.5 | $222.0 | +3% |
| 2021 | $222.0 | $118.7 | -47% |
| 2022 | $118.7 | $85.7 | -28% |
| 2023 | $85.7 | $77.5 | -9.5% |
| 2024 | $77.5 | $85.1 | +9.7% |
| 2025 | $85.1 | $152.2 | +79% |
| 2026 YTD | $152.2 | $94.4 | -38% |
BABA has the edge over FLL on returns for 2026, with the stronger performance.
FLL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $3.35 | $3.88 | +16% |
| 2021 | $3.88 | $11.5 | +197% |
| 2022 | $11.5 | $7.87 | -32% |
| 2023 | $7.87 | $5.37 | -32% |
| 2024 | $5.37 | $3.93 | -27% |
| 2025 | $3.93 | $2.69 | -32% |
| 2026 YTD | $2.69 | $0.56 | -79% |
FLL has finished four years in a row lower, and it's down 79% so far in 2026.