Melco Resorts & Entertainment Ltd
NASDAQ:MLCO

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Melco Resorts & Entertainment Ltd Logo
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
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Price: 5.98 USD -3.24% Market Closed
Market Cap: 2.6B USD
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Relative Value

The Relative Value of one MLCO stock under the Base Case scenario is 18.52 USD. Compared to the current market price of 5.98 USD, Melco Resorts & Entertainment Ltd is Undervalued by 68%.

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
18.52 USD
Undervaluation 68%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.7
P/S
P/S
Price to Sales
0.7
vs History
92
vs Industry
68
Median 3Y
1.4
Median 5Y
1.8
Industry
1.4
Forward
0.6
More Details
Negative
P/E
P/E
Price to Earnings
N/A
vs History
vs Industry
Median 3Y
-7.3
Median 5Y
-7.3
Industry
20.2
Forward
9.8
More Details
2.9
P/OCF
P/OCF
Price to OCF
2.9
vs History
80
vs Industry
65
Median 3Y
4
Median 5Y
5.5
Industry
9.8
More Details
3.7
P/FCFE
P/FCFE
Price to FCFE
3.7
vs History
80
vs Industry
45
Median 3Y
5.1
Median 5Y
7.1
Industry
18.6
More Details
Negative
P/B
P/B
Price to Book Value
N/A
vs History
vs Industry
Median 3Y
-2.9
Median 5Y
2.7
Industry
2.2
More Details
2.4
EV/S
EV/S
Enterprise Value to Sales
2.4
vs History
77
vs Industry
35
Median 3Y
4.6
Median 5Y
4.4
Industry
1.9
Forward
1.9
More Details
6.3
EV/GP
EV/GP
Enterprise Value to Gross Profit
6.3
vs History
77
vs Industry
27
Median 3Y
16.3
Median 5Y
16.8
Industry
3.8
More Details
13.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
13.5
vs History
25
vs Industry
28
Median 3Y
-30.7
Median 5Y
-20.8
Industry
10.7
Forward
7.6
More Details
30.5
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
30.5
vs History
11
vs Industry
16
Median 3Y
-14.6
Median 5Y
-14.4
Industry
16.5
Forward
17.6
More Details
10
EV/OCF
EV/OCF
Enterprise Value to OCF
10
vs History
77
vs Industry
41
Median 3Y
10.7
Median 5Y
11.5
Industry
11.9
More Details
Negative
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
N/A
vs History
vs Industry
Median 3Y
-16.6
Median 5Y
-17.8
Industry
17.4
More Details
1.3
EV/IC
EV/IC
Enterprise Value to IC
1.3
vs History
73
vs Industry
44
Median 3Y
1.3
Median 5Y
1.4
Industry
1.3
More Details

Multiples Across Competitors

MLCO Competitors Multiples
Melco Resorts & Entertainment Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
2.6B USD 0.7 -9.4 13.5 30.5
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
173.6B HKD 3.1 21.2 12.8 19.8
HK
Galaxy Entertainment Group Ltd
HKEX:27
148.7B 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
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Average P/E: 20.3
Negative Multiple: -9.4 		N/A N/A
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
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Average EV/EBITDA: 17
13.5
110%
0.1
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
HK
Melco Resorts & Entertainment Ltd
NASDAQ:MLCO
Average EV/EBIT: 23.4
30.5
153%
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

Summary
MLCO intrinsic value, competitors valuation, and company profile.
DCF Valuation
MLCO stock valuation using Discount Cash Flow valuation method.
Relative Valuation
MLCO stock valuation using valuation multiples.
Wall Street Estimates
MLCO price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
MLCO stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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