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Melco Resorts & Entertainment LimitedInforme acción NasdaqGS:MLCO

Capitalización bursátil US$2.1b
Precio de las acciones
US$5.40
US$10.92
50.5% infravalorado descuento intrínseco
1Y-12.2%
7D-0.9%
Valor de la cartera
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Melco Resorts & Entertainment Limited

Informe acción NasdaqGS:MLCO

Capitalización de mercado: US$2.1b

Melco Resorts & Entertainment (MLCO) Resumen de Acciones

Melco Resorts & Entertainment Limited desarrolla, posee y explota casinos y complejos turísticos en Macao, Filipinas, Chipre y otros países. Saber más

Análisis fundamental de MLCO
Puntuación del snowflake
Valoración5/6
Crecimiento futuro3/6
Rendimiento pasado4/6
Salud financiera0/6
Dividendos0/6

Recompensas

Cotiza un 66.6% por debajo de nuestra estimación de su valor justo

Se prevé un crecimiento anual de los beneficios de 17.82%

Los beneficios aumentaron un 276.6% el pasado año

Cotiza a buen valor en comparación con empresas similares e industria

Análisis de riesgos

Los pagos de intereses no están bien cubiertos por los beneficios

Patrimonio neto negativo

Grandes partidas extraordinarias que afectan a los resultados financieros


MLCO Community Fair Values

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Analyst Price Targets

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Competidores de Melco Resorts & Entertainment Limited

Historial de precios y rendimiento

Resumen de las cotizaciones máximas, mínimas y variaciones del Melco Resorts & Entertainment
Precios históricos de las acciones
Precio actual de la acciónUS$5.40
Máximo en las últimas 52 semanasUS$10.15
Mínimo de 52 semanasUS$5.22
Beta0.59
Cambio en 1 mes-9.24%
Variación en 3 meses-8.16%
Cambio de 1 año-12.20%
Variación en 3 años-52.00%
Variación en 5 años-68.91%
Variación desde la OPV-74.94%

Noticias y actualizaciones recientes

Seeking Alpha • May 03

Melco Resorts: Q1 2026 Earnings Confirms Our Bullish Case

Summary Melco Resorts & Entertainment maintains cost discipline and premium positioning, driving resilient margins amid intense Macau competition. MLCO's 1Q26 adjusted property EBITDA margins rose to 27.4%, with 16% YoY EBITDA growth in Macau, supporting a 5% share price pop post-earnings. The upcoming 2H26 launch of the REM hotel positions MLCO as the only operator with new premium capacity, expected to catalyze earnings and market share gains. Trading at 6.5x forward EV/EBITDA, MLCO offers 48% upside to a 9.8x target multiple; Buy rating maintained, with risks from slower GGR growth and new property execution. Read the full article on Seeking Alpha
Artículo de análisis • Feb 17

Melco Resorts & Entertainment Limited Just Beat EPS By 7.6%: Here's What Analysts Think Will Happen Next

It's been a sad week for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), who've watched their investment drop...

Recent updates

Seeking Alpha • May 03

Melco Resorts: Q1 2026 Earnings Confirms Our Bullish Case

Summary Melco Resorts & Entertainment maintains cost discipline and premium positioning, driving resilient margins amid intense Macau competition. MLCO's 1Q26 adjusted property EBITDA margins rose to 27.4%, with 16% YoY EBITDA growth in Macau, supporting a 5% share price pop post-earnings. The upcoming 2H26 launch of the REM hotel positions MLCO as the only operator with new premium capacity, expected to catalyze earnings and market share gains. Trading at 6.5x forward EV/EBITDA, MLCO offers 48% upside to a 9.8x target multiple; Buy rating maintained, with risks from slower GGR growth and new property execution. Read the full article on Seeking Alpha
Artículo de análisis • Feb 17

Melco Resorts & Entertainment Limited Just Beat EPS By 7.6%: Here's What Analysts Think Will Happen Next

It's been a sad week for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), who've watched their investment drop...
Artículo de análisis • Apr 14

Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) Revenues Are Not Doing Enough For Some Investors

When you see that almost half of the companies in the Hospitality industry in the United States have price-to-sales...
Artículo de análisis • Feb 01

Investors Could Be Concerned With Melco Resorts & Entertainment's (NASDAQ:MLCO) Returns On Capital

If we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
Artículo de análisis • Dec 27

Little Excitement Around Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) Revenues

Melco Resorts & Entertainment Limited's ( NASDAQ:MLCO ) price-to-sales (or "P/S") ratio of 0.5x might make it look like...
Seeking Alpha • Dec 27

Melco Resorts: Leverage And Capex Are Still Concerns, Even With A Macau Rebound

Summary Melco Resorts shows some Q3’24 improvement, but high capex costs and financial leverage hinder profitability and shareholder returns. Operating income barely covers interest expenses; substantial debt and upcoming maturities pose significant financial risks. Macau tourism recovery is slower than expected, adding to the challenges of improving profitability in a competitive market. Despite some positive strides this quarter, I remain cautious due to financial risks and recommend investors carefully consider these before investing. Read the full article on Seeking Alpha
Artículo de análisis • Dec 06

Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares Could Be 22% Below Their Intrinsic Value Estimate

Key Insights The projected fair value for Melco Resorts & Entertainment is US$8.36 based on 2 Stage Free Cash Flow to...
Artículo de análisis • Nov 09

Should You Investigate Melco Resorts & Entertainment Limited (NASDAQ:MLCO) At US$6.83?

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), might not be a large cap stock, but it received a lot of...
Seeking Alpha • Oct 01

Melco Resorts Has Been Left Financially Distressed

Summary Melco Resorts & Entertainment has faced significant challenges in past years from China's response to COVID, as tourism in Macau has suffered greatly. While Macau's tourism has recovered and the Chinese economy looks to gain from stimulus measures, remaining strict VIP casino guidelines continue to pressure the overall performance. Melco's relatively low margin level and high debt leverage risks to investors, and pose a major risk. Melco's real estate holdings should still provide a good safety net. The MLCO stock's valuation looks fair, but I suggest caution as the high debt highly leverages shareholders' returns. Read the full article on Seeking Alpha
Artículo de análisis • Sep 27

The Market Lifts Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares 40% But It Can Do More

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shares have had a really impressive month, gaining 40% after a...
Artículo de análisis • Sep 19

Be Wary Of Melco Resorts & Entertainment (NASDAQ:MLCO) And Its Returns On Capital

What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...
Artículo de análisis • Aug 03

Slammed 29% Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Screens Well Here But There Might Be A Catch

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shareholders that were waiting for something to happen have been...
Seeking Alpha • Jul 17

Melco Resorts: Not Willing To Roll The Dice With The Debt Stack

Summary Melco Resorts & Entertainment Limited shares have declined 11% while the market has gone up 9% since initial coverage. Since the initial write-up, the company appears to be making good (but slow) progress. The macro situation is improving for travel and demand for resorts and gaming has led to Melco Resorts' improving financial position, paying down debt steadily. Recent results show growth in Macau, but I have concerns remain about high capex costs, high interest expenses, and leverage ratios. Read the full article on Seeking Alpha
Artículo de análisis • Jun 17

The Returns On Capital At Melco Resorts & Entertainment (NASDAQ:MLCO) Don't Inspire Confidence

When researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...
Artículo de análisis • May 13

Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) P/S Still Appears To Be Reasonable

With a median price-to-sales (or "P/S") ratio of close to 1.2x in the Hospitality industry in the United States, you...
Seeking Alpha • Mar 13

Melco Resorts: A High Valuation And Debt Overhang

Summary Melco Resorts reported another adjusted EBITDA positive quarter with an increase in both revenues and EPS. The macro situation is improving for travel and demand for resorts and gaming has led Melco Resorts' improving financial position, paying down debt. While debt reduction is a priority, the valuation is not as cheap as it appears due to high interest costs and high capex costs that should persist into the future. Read the full article on Seeking Alpha
Artículo de análisis • Mar 03

Be Wary Of Melco Resorts & Entertainment (NASDAQ:MLCO) And Its Returns On Capital

When researching a stock for investment, what can tell us that the company is in decline? A business that's potentially...
Artículo de análisis • Dec 22

The Market Lifts Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Shares 26% But It Can Do More

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shareholders are no doubt pleased to see that the share price has...
Artículo de análisis • Dec 14

Is There An Opportunity With Melco Resorts & Entertainment Limited's (NASDAQ:MLCO) 49% Undervaluation?

Key Insights Melco Resorts & Entertainment's estimated fair value is US$16.35 based on 2 Stage Free Cash Flow to Equity...
Artículo de análisis • Aug 13

At US$12.00, Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Worth Looking At Closely?

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), is not the largest company out there, but it saw a double-digit...
Artículo de análisis • Jun 08

Estimating The Intrinsic Value Of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)

Key Insights Using the 2 Stage Free Cash Flow to Equity, Melco Resorts & Entertainment fair value estimate is US$14.66...
Artículo de análisis • Mar 05

Calculating The Fair Value Of Melco Resorts & Entertainment Limited (NASDAQ:MLCO)

Key Insights The projected fair value for Melco Resorts & Entertainment is US$12.62 based on 2 Stage Free Cash Flow to...
Artículo de análisis • Jan 11

Why Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Could Be Worth Watching

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), might not be a large cap stock, but it received a lot of...
Artículo de análisis • Sep 27

Is Melco Resorts & Entertainment (NASDAQ:MLCO) Using Debt In A Risky Way?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Seeking Alpha • Sep 14

Melco Resorts submits tender proposal for gaming concession

Melco Resorts (Macau) a subsidiary of Melco Resorts & Entertainment (NASDAQ:MLCO) on September 14, 2022 submitted its detailed proposal in relation to the public tender for new gaming concessions launched by the Macau Government in July this year. "I would like to thank the Macau government for this opportunity. Our proposal reinforces our commitment to Macau and the further diversification of its economy. We look forward to playing a leadership role in partnering with the Macau government to execute on the government’s vision." said Mr. Lawrence Ho, Chairman and Chief Executive Officer
Seeking Alpha • Sep 05

Melco: Fundamentals Remain Solid Through The Headwinds

Summary As expected, Melco sustained EBITDA losses this quarter amid the impact of COVID restrictions on the Macau operations. While the near-term guidance is uncertain, Melco’s liquidity runway provides a nice buffer against any headwinds. The discounted valuation offers compelling value, particularly with management actively working to address the ADR delisting overhang. Looking through the industry-wide gross gaming revenue ((GGR)) weakness in recent quarters, I continue to see the long-term value in Melco's (MLCO) leadership in the lucrative Macau premium mass segment. Plus, the company retains a collection of high-quality assets that ensure ample room for future upside as it capitalizes on an eventual GGR recovery in the coming years. In the meantime, MLCO has done a great job on cost-cutting and given some of these cuts are structural, expect the EBITDA margin improvement to sustain over the long run as well. At the current valuation of ~5x FY24 EV/EBITDA, the stock trades at a wide discount to historical levels, presenting compelling re-rating potential from here. The key near-term catalyst remains the US-listed depositary receipt (ADR) delisting issue - with MLCO actively exploring mitigating measures such as an auditor change and a Hong Kong listing, positive progress on addressing the delisting risk could drive a re-rate. MarketScreener COVID Restrictions Weigh on Q2 2022 Results It came as no major surprise that MLCO’s Q2 2022 results was below par, with a - $13.8m EBITDA loss (vs. +$56m EBITDA in Q1 2022) headlining the print. Adjusted for luck factor (i.e., the casino’s take per dollar of rolling chip volume), the EBITDA loss would have been wider at -$16mn (vs. a $48m EBITDA in Q1 2022), as Macau activity suffered from the impact of travel restrictions amid the Omicron outbreak across China. Of note, Macau mass table GGR stands at only 14% of the pre-COVID base (or down ~60% QoQ), while the VIP rolling chip was even lower at ~4% (or down 76% QoQ). All things considered, the hold-adjusted EBITDA loss of ~$27m (including a ~$2m hold benefit) at City of Dreams Macau was a decent result. The good news, though, is that MLCO has further reduced its daily opex to $1.7m (down from ~$1.8m in Q1 2022 and ~$1.9m in Q4 2021), highlighting its flexibility on the cost side. Melco Results in the Philippines operation was better, as City of Dreams Manila saw a continued GGR recovery at >60% of pre-COVID levels (vs. ~54% in Q1 2022), matching key peer Bloomberry’s (OTC:BLBRF) quarterly performance. Key drivers include a solid increase in VIP volume and mass GGR, as the property continues to operate at full capacity. Benefiting from the government reducing the COVID alert to its lowest level, the revenue growth is flowing through the P&L as well, with EBITDA up ~31% QoQ to $46m. Similarly, the Cyprus operations reported EBITDA expansion to ~S$6m (vs. ~$1m in Q1 2022) on a GGR recovery back to pre-pandemic levels following the loosened travel restrictions since mid-April. Melco Cautious Guidance Maintained Amid Macau Uncertainty Understandably, MLCO’s commentary was cautious on the call. Thus far, the post-COVID lockdown recovery has been slower than expected in the last two weeks (though Macau’s GGR did improve over the period). While Q3 could be difficult, there are seasonal tailwinds in Q4, including the October Golden Week, which could add some cheer on a potential demand recovery. Still, management has lowered expectations, guiding that the process will still be slow and dependent on the outcome of the upcoming National Party Congress Meeting. Given the low visibility into a future demand recovery, the company is continuing to control what it can – this means an emphasis on cost control, with daily opex set to be even lower than the ~$1.7m run rate in Q2. Post-repurchase (~10m shares and ~25m ADRs), MLCO’s balance sheet is also as strong as ever, with a total liquidity of ~ $2.8bn (comprising ~ $1.65bn of cash and ~ $1.15bn from available facilities) as of quarter-end. The solid liquidity position and burn rate bodes well for the MLCO runway, while the normalization of City of Dreams Manila and Cyprus should offer additional support. Finally, the reduction of the overall budget of the Studio City Phase 2 project over the course of a smooth construction phase significantly alleviates the capex outlook, with only ~ $250m left to be incurred this year. Melco Auditor Change to Address the ADR Delisting Overhang
Artículo de análisis • Aug 19

Analysts Just Slashed Their Melco Resorts & Entertainment Limited (NASDAQ:MLCO) EPS Numbers

One thing we could say about the analysts on Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) - they aren't...
Seeking Alpha • Aug 17

Melco Resorts & Entertainment Q2 2022 Earnings Preview

Melco Resorts & Entertainment (NASDAQ:MLCO) is scheduled to announce Q2 earnings results on Thursday, August 18th, before market open. The consensus EPS Estimate is -$0.44 (-25.7% Y/Y) and the consensus Revenue Estimate is $355.76M (-37.2% Y/Y). Over the last 2 years, MLCO has beaten EPS estimates 38% of the time and has beaten revenue estimates 13% of the time.
Artículo de análisis • Jun 30

Are Investors Undervaluing Melco Resorts & Entertainment Limited (NASDAQ:MLCO) By 33%?

In this article we are going to estimate the intrinsic value of Melco Resorts & Entertainment Limited ( NASDAQ:MLCO...
Seeking Alpha • Jun 23

Melco's Cyprus Foray Interests Us, But Still Too Risky

Melco is majorly exposed to Macau which is the most problematic region right now in relation to COVID-19. The Cyprus foray interests us and is a major opportunity into the somewhat untapped middle eastern market. On a valuation basis, it appears economically priced compared to peers, but the resort and convention exposure puts it in the firing line of interest rate hikes. A pass.
Artículo de análisis • Jun 03

At US$5.70, Is Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Worth Looking At Closely?

Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ), is not the largest company out there, but it received a lot of...
Artículo de análisis • May 07

Need To Know: Analysts Just Made A Substantial Cut To Their Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Estimates

Today is shaping up negative for Melco Resorts & Entertainment Limited ( NASDAQ:MLCO ) shareholders, with the analysts...

Rentabilidad de los accionistas

MLCOUS HospitalityMercado US
7D-0.9%-1.9%-1.0%
1Y-12.2%-7.9%23.3%

Rentabilidad vs. Industria: Los resultados de MLCO fueron inferiores a los de la industria US Hospitality, que obtuvo un rendimiento del -7.9% el año pasado.

Rentabilidad vs. Mercado: MLCO obtuvo unos resultados inferiores a los del mercado US, que fueron del 23.3% el año pasado.

Volatilidad de los precios

Is MLCO's price volatile compared to industry and market?
MLCO volatility
MLCO Average Weekly Movement4.9%
Hospitality Industry Average Movement7.7%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.2%

Precio estable de las acciones: MLCO no ha tenido una volatilidad de precios significativa en los últimos 3 meses en comparación con el mercado US.

Volatilidad a lo largo del tiempo: La volatilidad semanal de MLCO (5%) se ha mantenido estable durante el año pasado.

Acerca de la empresa

FundadaEmpleadosCEOPágina web
200322,961Lawrence Howww.melco-resorts.com

Melco Resorts & Entertainment Limited desarrolla, posee y explota casinos y complejos turísticos en Macao, Filipinas, Chipre y otros países. Opera a través de los segmentos City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations y Corporate and Other. La empresa posee y explota City of Dreams, un complejo integrado que cuenta con mesas y máquinas de juego, suites y villas, establecimientos de comida y bebida, tiendas, un teatro con escenario húmedo e instalaciones recreativas y de ocio, como gimnasios, piscinas, spas y salones, así como instalaciones para banquetes y reuniones en Cotai (Macao).

Resumen de fundamentos de Melco Resorts & Entertainment Limited

¿Cómo se comparan los beneficios e ingresos de Melco Resorts & Entertainment con su capitalización de mercado?
Estadísticas fundamentales de MLCO
Capitalización bursátilUS$2.11b
Beneficios(TTM)US$229.35m
Ingresos (TTM)US$5.30b
9.1x
Ratio precio-beneficio (PE)
0.4x
Ratio precio-ventas (PS)

¿Está MLCO sobrevalorada?

Ver valor justo y análisis de valoración

Beneficios e Ingresos

Estadísticas clave de rentabilidad del último informe de resultados (TTM)
Cuenta de resultados (TTM) de MLCO
IngresosUS$5.30b
Coste de los ingresosUS$3.29b
Beneficio brutoUS$2.01b
Otros gastosUS$1.78b
BeneficiosUS$229.35m

Últimos beneficios comunicados

Mar 31, 2026

Próxima fecha de beneficios

n/a

Beneficios por acción (BPA)0.59
Margen bruto37.98%
Margen de beneficio neto4.33%
Ratio deuda/patrimonio-746.0%

¿Cómo se ha desempeñado MLCO a largo plazo?

Ver rendimiento histórico y comparativa

Análisis de la empresa y estado de los datos financieros

DatosÚltima actualización (huso horario UTC)
Análisis de la empresa2026/05/20 01:19
Precio de las acciones al final del día2026/05/20 00:00
Beneficios2026/03/31
Ingresos anuales2025/12/31

Fuentes de datos

Los datos utilizados en nuestro análisis de empresas proceden de S&P Global Market Intelligence LLC. Los siguientes datos se utilizan en nuestro modelo de análisis para generar este informe. Los datos están normalizados, lo que puede introducir un retraso desde que la fuente está disponible.

PaqueteDatosMarco temporalEjemplo Fuente EE.UU. *
Finanzas de la empresa10 años
  • Cuenta de resultados
  • Estado de tesorería
  • Balance
Estimaciones del consenso de analistas+3 años
  • Previsiones financieras
  • Objetivos de precios de los analistas
Precios de mercado30 años
  • Precios de las acciones
  • Dividendos, escisiones y acciones
Propiedad10 años
  • Accionistas principales
  • Información privilegiada
Gestión10 años
  • Equipo directivo
  • Consejo de Administración
Principales avances10 años
  • Anuncios de empresas

* Ejemplo para valores de EE.UU., para no EE.UU. se utilizan formularios y fuentes normativas equivalentes.

A menos que se especifique lo contrario, todos los datos financieros se basan en un periodo anual, pero se actualizan trimestralmente. Esto se conoce como datos de los últimos doce meses (TTM) o de los últimos doce meses (LTM). Más información.

Modelo de análisis y copo de nieve

Los detalles del modelo de análisis utilizado para generar este informe están disponibles en nuestra página de Github, también tenemos guías sobre cómo utilizar nuestros informes y tutoriales en Youtube.

Conozca al equipo de talla mundial que diseñó y construyó el modelo de análisis Simply Wall St.

Métricas industriales y sectoriales

Simply Wall St calcula cada 6 horas nuestras métricas sectoriales y de sección. Los detalles de nuestro proceso están disponibles en Github.

Fuentes analistas

Melco Resorts & Entertainment Limited está cubierta por 35 analistas. 12 de esos analistas presentaron las estimaciones de ingresos o ganancias utilizadas como datos para nuestro informe. Las estimaciones de los analistas se actualizan a lo largo del día.

AnalistaInstitución
Phoebe TseBarclays
Vitaly UmanskyBernstein
Karl ChoiBofA Global Research