MLCO Valuation

Melco Resorts & Entertainment Ltd

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9.560

-0.03(-0.313%)1D

Overview
Forecast
Valuation
Earnings

MLCO Relative Valuation

MLCO's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, MLCO is overvalued; if below, it's undervalued.

Historical Valuation

Melco Resorts & Entertainment Ltd (MLCO) is now in the Undervalued zone, suggesting that its current forward PS ratio of 0.72 is considered Undervalued compared with the five-year average of 8.30. The fair price of Melco Resorts & Entertainment Ltd (MLCO) is between 11.63 to 33.58 according to relative valuation methord. Compared to the current price of 9.56 USD , Melco Resorts & Entertainment Ltd is Undervalued By 17.73%.

Relative Value

Fair Zone

11.63-33.58

Current Price：9.56

17.73%

Undervalued

12.95

Trailing

Forward

7.68

EV/EBITDA

Melco Resorts & Entertainment Ltd. (MLCO) has a current EV/EBITDA of 7.68. The 5-year average EV/EBITDA is 7.82. The thresholds are as follows: Strongly Undervalued below -95.38, Undervalued between -95.38 and -43.78, Fairly Valued between 59.42 and -43.78, Overvalued between 59.42 and 111.02, and Strongly Overvalued above 111.02. The current Forward EV/EBITDA of 7.68 falls within the Historic Trend Line -Fairly Valued range.

14.49

EV/EBIT

Melco Resorts & Entertainment Ltd. (MLCO) has a current EV/EBIT of 14.49. The 5-year average EV/EBIT is -204.45. The thresholds are as follows: Strongly Undervalued below -1462.50, Undervalued between -1462.50 and -833.48, Fairly Valued between 424.58 and -833.48, Overvalued between 424.58 and 1053.61, and Strongly Overvalued above 1053.61. The current Forward EV/EBIT of 14.49 falls within the Historic Trend Line -Fairly Valued range.

0.72

Melco Resorts & Entertainment Ltd. (MLCO) has a current PS of 0.72. The 5-year average PS is 1.47. The thresholds are as follows: Strongly Undervalued below -0.60, Undervalued between -0.60 and 0.43, Fairly Valued between 2.51 and 0.43, Overvalued between 2.51 and 3.55, and Strongly Overvalued above 3.55. The current Forward PS of 0.72 falls within the Historic Trend Line -Fairly Valued range.

4.21

P/OCF

Melco Resorts & Entertainment Ltd. (MLCO) has a current P/OCF of 4.21. The 5-year average P/OCF is 32.59. The thresholds are as follows: Strongly Undervalued below -211.61, Undervalued between -211.61 and -89.51, Fairly Valued between 154.70 and -89.51, Overvalued between 154.70 and 276.80, and Strongly Overvalued above 276.80. The current Forward P/OCF of 4.21 falls within the Historic Trend Line -Fairly Valued range.

5.68

P/FCF

Melco Resorts & Entertainment Ltd. (MLCO) has a current P/FCF of 5.68. The 5-year average P/FCF is -0.66. The thresholds are as follows: Strongly Undervalued below -33.02, Undervalued between -33.02 and -16.84, Fairly Valued between 15.52 and -16.84, Overvalued between 15.52 and 31.70, and Strongly Overvalued above 31.70. The current Forward P/FCF of 5.68 falls within the Historic Trend Line -Fairly Valued range.

Melco Resorts & Entertainment Ltd (MLCO) has a current Price-to-Book (P/B) ratio of -2.62. Compared to its 3-year average P/B ratio of -3.46 , the current P/B ratio is approximately -24.13% higher. Relative to its 5-year average P/B ratio of 6.43, the current P/B ratio is about -140.78% higher. Melco Resorts & Entertainment Ltd (MLCO) has a Forward Free Cash Flow (FCF) yield of approximately 0.00%. Compared to its 3-year average FCF yield of -0.24%, the current FCF yield is approximately -100.00% lower. Relative to its 5-year average FCF yield of -1.90% , the current FCF yield is about -100.00% lower.

-2.61

P/B

Median3y

-3.46

Median5y

6.43

0.00

FCF Yield

Median3y

-0.24

Median5y

-1.90

Competitors Valuation Multiple

The average P/S ratio for MLCO's competitors is , providing a benchmark for relative valuation. Melco Resorts & Entertainment Ltd Corp (MLCO) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 14.54%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

MLCO.O

Melco Resorts & Entertainment Ltd

Choice Hotels International Inc

Atour Lifestyle Holdings Ltd

Monarch Casino & Resort Inc

Loss

6.84%

1.89B

Performance Decomposition

Market capitalization of MLCO increased by 22.72% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 8.30 to 70.06.

The secondary factor is the Revenue Growth, contributed 14.54%to the performance.

Overall, the performance of MLCO in the past 1 year is driven by P/E Change. Which is more unsustainable.

14.54%

1.16B → 1.33B

Revenue Growth

-736.36%

-0.11 → 0.70

Margin Expansion

744.54%

8.30 → 70.06

P/E Change

22.72%