Melco Resorts & Entertainment Gestione
Criteri Gestione verificati 2/4
Melco Resorts & Entertainment Il CEO è Lawrence Ho, nominato in Dec2004, ha un mandato di 21.58 anni. possiede direttamente 1.15% delle azioni della società, per un valore di $ 24.07M. La durata media del mandato del team dirigenziale e del consiglio di amministrazione è rispettivamente 11 anni e 19.6 anni.
Informazioni chiave
Lawrence Ho
Amministratore delegato
n/a
Compenso totale
| Percentuale dello stipendio del CEO | n/a |
| Mandato del CEO | 21.6yrs |
| Proprietà del CEO | 1.1% |
| Durata media del management | 11yrs |
| Durata media del Consiglio di amministrazione | 19.6yrs |
Aggiornamenti recenti sulla gestione
Recent updates
Aggiornamento della narrazione • Jun 26
MLCO: Share Repurchases And Potential Dividend Resumption Will Drive Future Re rating
Analysts now see Melco Resorts & Entertainment's fair value closer to $10.50, down from $13.00, as recent price target cuts and downgrades highlight ongoing estimate revisions and the absence of dividend payments since COVID. Analyst Commentary Recent analyst moves on Melco Resorts & Entertainment point to a more cautious stance overall, but there are still pockets of optimism that focus on where the company could execute better and how that might be reflected in valuation over time.Articolo di analisi • Jun 17
Melco Resorts And Entertainment (MLCO) Stock Could Be 58.3% Below Fair Value
Recent Performance Snapshot Melco Resorts & Entertainment (MLCO) stock has been under pressure recently, with the share price down over the past week, month, and past 3 months, and lower year to date. Over a longer horizon, total returns over the past year, 3 years, and 5 years have also declined, which may prompt investors to reassess how this casino and resort operator fits into their broader portfolio. See our latest analysis for Melco Resorts & Entertainment. At a share price of US$5.42,...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 AlphaArticolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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 AlphaArticolo di analisi • 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...Articolo di analisi • 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 AlphaArticolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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 AlphaArticolo di analisi • 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...Articolo di analisi • 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 AlphaArticolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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...Articolo di analisi • 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 OfficerSeeking 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 OverhangArticolo di analisi • 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.Articolo di analisi • 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.Articolo di analisi • 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...AMMINISTRATORE DELEGATO
Lawrence Ho (49 yo)
21.6yrs
Mandato
Mr. Yau Lung Ho, also known as Lawrence, has been Executive Director of Melco Resorts & Entertainment Limited (formerly known as, Melco Crown Entertainment Limited) since December 20, 2004 and served as th...
Gruppo dirigente
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| Founder | 21.6yrs | Nessun dato | 1.15% $ 24.1m | |
| President & Director | 6.8yrs | Nessun dato | 0.61% $ 12.7m | |
| Executive VP & CFO | 15.3yrs | Nessun dato | 0.37% $ 7.7m | |
| Executive VP | 2.6yrs | Nessun dato | 0.078% $ 1.6m | |
| Executive Director of Corporate Communications | no data | Nessun dato | Nessun dato | |
| Executive VP and Chief of Staff to Chairman & CEO | 17.6yrs | Nessun dato | 0.23% $ 4.9m | |
| COO of Macau Resorts | 4.7yrs | Nessun dato | Nessun dato | |
| Senior VP & Group Treasurer | no data | Nessun dato | Nessun dato |
11.0yrs
Durata media
59yo
Età media
Gestione esperta: Il team dirigenziale di MLCO è esperto e expertise (durata media dell'incarico 11 anni).
Membri del Consiglio di amministrazione
| Nome | Posizione | Mandato | Compensazione | Proprietà |
|---|---|---|---|---|
| Founder | 21.6yrs | Nessun dato | 1.15% $ 24.1m | |
| President & Director | 9.9yrs | Nessun dato | 0.61% $ 12.7m | |
| Independent Non-Executive Director | 7.8yrs | Nessun dato | 0.043% $ 908.5k | |
| Independent Non-Executive Director | 19.6yrs | US$559.00k | 0.059% $ 1.2m | |
| Independent Non-Executive Director | 19.6yrs | US$232.00k | 0.077% $ 1.6m | |
| Non-Executive Director | 19.7yrs | US$1.26m | 0.12% $ 2.5m | |
| Independent Non-Executive Director | 1.1yrs | US$119.00k | 0.0090% $ 188.2k |
19.6yrs
Durata media
54yo
Età media
Consiglio di amministrazione esperto: Il consiglio di amministrazione di MLCO è composto da personale esperto e esperto (durata media dell'incarico 19.6 anni).
Analisi aziendale e situazione dei dati finanziari
| Dati | Ultimo aggiornamento (ora UTC) |
|---|---|
| Analisi dell'azienda | 2026/07/06 04:57 |
| Prezzo dell'azione a fine giornata | 2026/07/06 00:00 |
| Utili | 2026/03/31 |
| Utili annuali | 2025/12/31 |
Fonti dei dati
I dati utilizzati nella nostra analisi aziendale provengono da S&P Global Market Intelligence LLC. I seguenti dati sono utilizzati nel nostro modello di analisi per generare questo report. I dati sono normalizzati, il che può comportare un ritardo nella disponibilità della fonte.
| Pacchetto | Dati | Tempistica | Esempio Fonte USA * |
|---|---|---|---|
| Dati finanziari della società | 10 anni |
| |
| Stime di consenso degli analisti | +3 anni |
|
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| Prezzi di mercato | 30 anni |
| |
| Proprietà | 10 anni |
| |
| Gestione | 10 anni |
| |
| Sviluppi principali | 10 anni |
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* Esempio per i titoli statunitensi, per i titoli non statunitensi si utilizzano forme e fonti normative equivalenti.
Se non specificato, tutti i dati finanziari si basano su un periodo annuale ma vengono aggiornati trimestralmente. Si tratta dei cosiddetti dati TTM (Trailing Twelve Month) o LTM (Last Twelve Month). Per saperne di più.
Modello di analisi e Snowflake
I dettagli del modello di analisi utilizzato per generare questo report sono disponibili sulla nostra pagina Github; disponiamo inoltre di guide su come utilizzare i nostri report e di tutorial su Youtube.
Scoprite il team di livello mondiale che ha progettato e realizzato il modello di analisi Simply Wall St.
Metriche di settore e industriali
Le nostre metriche di settore e di sezione sono calcolate ogni 6 ore da Simply Wall St; i dettagli del nostro processo sono disponibili su Github.
Fonti analitiche
Melco Resorts & Entertainment Limited è coperta da 35 analisti. 11 di questi analisti ha fornito le stime di fatturato o di utile utilizzate come input per il nostro report. Le stime degli analisti vengono aggiornate nel corso della giornata.
| Analista | Istituzione |
|---|---|
| Phoebe Tse | Barclays |
| Vitaly Umansky | Bernstein |
| Karl Choi | BofA Global Research |