MGM China Holdings Ltd
HKEX:2282

Watchlist Manager
MGM China Holdings Ltd Logo
MGM China Holdings Ltd
HKEX:2282
Watchlist
Price: 9.65 HKD -0.82%
Market Cap: 36.7B HKD
Have any thoughts about
MGM China Holdings Ltd?
Write Note

Relative Value

The Relative Value of one MGM China Holdings Ltd stock under the Base Case scenario is 17.08 HKD. Compared to the current market price of 9.65 HKD, MGM China Holdings Ltd is Undervalued by 44%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
17.08 HKD
Undervaluation 44%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
98
vs Industry
36
Median 3Y
2.1
Median 5Y
2.2
Industry
1.4
Forward
1.2
vs History
31
vs Industry
37
Median 3Y
-4.5
Median 5Y
-4.9
Industry
20.2
Forward
7.6
vs History
41
vs Industry
56
Median 3Y
-11.3
Median 5Y
-12.8
Industry
9.8
vs History
41
vs Industry
8
Median 3Y
7.1
Median 5Y
7.1
Industry
18.6
vs History
vs Industry
Median 3Y
-12.3
Median 5Y
2.8
Industry
2.2
vs History
98
vs Industry
36
Median 3Y
4.2
Median 5Y
4.2
Industry
1.9
Forward
1.6
vs History
98
vs Industry
40
Median 3Y
8.4
Median 5Y
8.4
Industry
3.8
vs History
26
vs Industry
44
Median 3Y
-14.9
Median 5Y
-20.3
Industry
10.7
Forward
6
vs History
31
vs Industry
44
Median 3Y
-14.9
Median 5Y
-16
Industry
16.5
Forward
8.1
vs History
41
vs Industry
55
Median 3Y
-24
Median 5Y
-23.3
Industry
11.9
vs History
39
vs Industry
51
Median 3Y
-17.2
Median 5Y
-17.7
Industry
17.4
vs History
20
vs Industry
23
Median 3Y
2.3
Median 5Y
2.1
Industry
1.3

Multiples Across Competitors

Competitors Multiples
MGM China Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
MO
MGM China Holdings Ltd
HKEX:2282
36.7B HKD 1.2 8.1 8.3 8.3
IE
Flutter Entertainment PLC
LSE:FLTR
36.8B GBP 2 -31.8 42.5 60
US
Las Vegas Sands Corp
NYSE:LVS
37.6B USD 3.3 25 11.4 17.4
AU
Aristocrat Leisure Ltd
ASX:ALL
43.3B AUD 6.6 33.2 23 23
MO
Sands China Ltd
HKEX:1928
174B HKD 3.1 21.2 12.8 19.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
147.8B HKD 3.6 17.8 17.5 17.5
US
DraftKings Inc
NASDAQ:DKNG
18.8B USD 4.1 -45.1 -83.2 -38.8
SE
Evolution AB (publ)
STO:EVO
171.3B SEK 7.2 12.9 9.9 11
ZA
Sun International Ltd
JSE:SUI
10.8B Zac 0 0 0 0
ZA
Tsogo Sun Gaming Ltd
JSE:TSG
10.5B Zac 0 0 0 0
US
MGM Resorts International
NYSE:MGM
10.3B USD 0.6 11.4 5.4 8
P/E Multiple
Earnings Growth P/E to Growth
MO
MGM China Holdings Ltd
HKEX:2282
Average P/E: 18.5
8.1
105%
0.1
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -31.8 N/A N/A
US
Las Vegas Sands Corp
NYSE:LVS
25
87%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
33.2
59%
0.6
MO
Sands China Ltd
HKEX:1928
21.2
152%
0.1
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.8
88%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -45.1 N/A N/A
SE
Evolution AB (publ)
STO:EVO
12.9
41%
0.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
38%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
11.4
-27%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MO
MGM China Holdings Ltd
HKEX:2282
Average EV/EBITDA: 16.3
8.3
37%
0.2
IE
Flutter Entertainment PLC
LSE:FLTR
42.5
176%
0.2
US
Las Vegas Sands Corp
NYSE:LVS
11.4
45%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
59%
0.4
MO
Sands China Ltd
HKEX:1928
12.8
50%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
78%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -83.2 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9.9
51%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
23%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
5.4
106%
0.1
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
MO
MGM China Holdings Ltd
HKEX:2282
Average EV/EBIT: 20.6
8.3
39%
0.2
IE
Flutter Entertainment PLC
LSE:FLTR
60
1 731%
0
US
Las Vegas Sands Corp
NYSE:LVS
17.4
53%
0.3
AU
Aristocrat Leisure Ltd
ASX:ALL
23
35%
0.6
MO
Sands China Ltd
HKEX:1928
19.8
73%
0.3
HK
Galaxy Entertainment Group Ltd
HKEX:27
17.5
95%
0.2
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -38.8 N/A N/A
SE
Evolution AB (publ)
STO:EVO
11
53%
0.2
ZA
S
Sun International Ltd
JSE:SUI
Not Available
24%
N/A
ZA
T
Tsogo Sun Gaming Ltd
JSE:TSG
Not Available N/A N/A
US
MGM Resorts International
NYSE:MGM
8
13%
0.6

See Also

Discover More
Back to Top