Melco Resorts & Entertainment Ltd
NASDAQ:MLCO

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Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
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Price: 6.59 USD -1.93% Market Closed
Market Cap: 2.8B USD

Relative Value

The Relative Value of one MLCO stock under the Base Case scenario is 28.06 USD. Compared to the current market price of 6.59 USD, Melco Resorts & Entertainment Ltd is Undervalued by 77%.

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.

MLCO Relative Value
Base Case
28.06 USD
Undervaluation 77%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
85
vs Industry
72
Median 3Y
0.8
Median 5Y
1.3
Industry
1.4
Forward
0.5
vs History
15
vs Industry
Median 3Y
-6.5
Median 5Y
-5.6
Industry
20
Forward
13.3
vs History
73
vs Industry
68
Median 3Y
3.8
Median 5Y
4.1
Industry
9.5
vs History
82
vs Industry
49
Median 3Y
4.9
Median 5Y
5.3
Industry
18.1
vs History
vs Industry
Median 3Y
-2.6
Median 5Y
-2.2
Industry
2.1
vs History
84
vs Industry
36
Median 3Y
2.3
Median 5Y
4.3
Industry
1.9
Forward
1.9
vs History
84
vs Industry
28
Median 3Y
6.2
Median 5Y
15.5
Industry
3.7
vs History
39
vs Industry
29
Median 3Y
12.8
Median 5Y
9.9
Industry
10.6
Forward
7.5
vs History
30
vs Industry
16
Median 3Y
20.1
Median 5Y
-13.3
Industry
16.4
Forward
13.9
vs History
46
vs Industry
44
Median 3Y
11.3
Median 5Y
11.1
Industry
11.3
vs History
vs Industry
Median 3Y
-17.4
Median 5Y
-17.1
Industry
16.4
vs History
69
vs Industry
44
Median 3Y
1.4
Median 5Y
1.4
Industry
1.3

Multiples Across Competitors

MLCO Competitors Multiples
Melco Resorts & Entertainment 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
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
2.8B USD 0.6 48.5 11.5 19.9
US
Las Vegas Sands Corp
NYSE:LVS
40.6B USD 3.3 26.1 11.8 18.3
IE
Flutter Entertainment PLC
LSE:FLTR
26.4B GBP 1.7 -119.3 18 60.3
AU
Aristocrat Leisure Ltd
ASX:ALL
35.7B AUD 5.7 21.8 18.2 18.2
HK
Galaxy Entertainment Group Ltd
HKEX:27
175.1B HKD 3.9 18.2 18.2 18.2
MO
Sands China Ltd
HKEX:1928
152B HKD 2.8 21.2 19 19
US
DraftKings Inc
NASDAQ:DKNG
16.9B USD 3.1 -63.3 -436.1 -55.7
SE
Evolution AB (publ)
STO:EVO
119.9B SEK 5.1 9.9 7.2 8
US
Wynn Resorts Ltd
NASDAQ:WYNN
12.1B USD 1.7 23.9 10.6 15.5
US
Scientific Games Corp
F:TJW
10.1B EUR 3.6 29.3 19.7 19.7
ZA
Sun International Ltd
JSE:SUI
9.9B Zac 0 0 0 0
P/E Multiple
Earnings Growth PEG
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Average P/E: 24.9
48.5
108%
0.4
US
Las Vegas Sands Corp
NYSE:LVS
26.1
19%
1.4
IE
Flutter Entertainment PLC
LSE:FLTR
Negative Multiple: -119.3
290%
N/A
AU
Aristocrat Leisure Ltd
ASX:ALL
21.8
9%
2.4
HK
Galaxy Entertainment Group Ltd
HKEX:27
18.2
14%
1.3
MO
Sands China Ltd
HKEX:1928
21.2
14%
1.5
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -63.3 N/A N/A
SE
Evolution AB (publ)
STO:EVO
9.9
1%
9.9
US
Wynn Resorts Ltd
NASDAQ:WYNN
23.9
12%
2
US
S
Scientific Games Corp
F:TJW
29.3
35%
0.8
ZA
S
Sun International Ltd
JSE:SUI
Not Available
-4%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Average EV/EBITDA: 14.9
11.5
18%
0.6
US
Las Vegas Sands Corp
NYSE:LVS
11.8
13%
0.9
IE
Flutter Entertainment PLC
LSE:FLTR
18
35%
0.5
AU
Aristocrat Leisure Ltd
ASX:ALL
18.2
18%
1
HK
Galaxy Entertainment Group Ltd
HKEX:27
18.2
13%
1.4
MO
Sands China Ltd
HKEX:1928
19
9%
2.1
US
DraftKings Inc
NASDAQ:DKNG
Negative Multiple: -436.1 N/A N/A
SE
Evolution AB (publ)
STO:EVO
7.2
1%
7.2
US
Wynn Resorts Ltd
NASDAQ:WYNN
10.6
9%
1.2
US
S
Scientific Games Corp
F:TJW
19.7
15%
1.3
ZA
S
Sun International Ltd
JSE:SUI
Not Available
4%
N/A