View ValuationMelco International Development 향후 성장Future 기준 점검 3/6Melco International Development (는) 각각 연간 17.6% 및 4.4% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 17.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 31.1% 로 예상됩니다.핵심 정보17.6%이익 성장률17.24%EPS 성장률Hospitality 이익 성장40.2%매출 성장률4.4%향후 자기자본이익률31.05%애널리스트 커버리지Low마지막 업데이트09 Jun 2026최근 향후 성장 업데이트Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.모든 업데이트 보기Recent updatesMajor Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).분석 기사 • May 06There May Be Underlying Issues With The Quality Of Melco International Development's (HKG:200) EarningsDespite posting some strong earnings, the market for Melco International Development Limited's ( HKG:200 ) stock hasn't...Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.Reported Earnings • Apr 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: HK$0.50 (up from HK$0.52 loss in FY 2024). Revenue: HK$40.2b (up 11% from FY 2024). Net income: HK$1.06b (up HK$1.84b from FY 2024). Profit margin: 2.6% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.공시 • Apr 01Melco International Development Limited, Annual General Meeting, Jun 08, 2026Melco International Development Limited, Annual General Meeting, Jun 08, 2026.공시 • Mar 18Melco International Development Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Melco International Development Limited announced that they will report fiscal year 2025 results on Mar 31, 2026분석 기사 • Nov 19There's Been No Shortage Of Growth Recently For Melco International Development's (HKG:200) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...분석 기사 • Oct 30Risks Still Elevated At These Prices As Melco International Development Limited (HKG:200) Shares Dive 25%Melco International Development Limited ( HKG:200 ) shares have had a horrible month, losing 25% after a relatively...분석 기사 • Sep 18These 4 Measures Indicate That Melco International Development (HKG:200) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.Reported Earnings • Aug 31First half 2025 earnings released: EPS: HK$0.18 (vs HK$0.17 loss in 1H 2024)First half 2025 results: EPS: HK$0.18 (up from HK$0.17 loss in 1H 2024). Revenue: HK$20.0b (up 12% from 1H 2024). Net income: HK$350.8m (up HK$604.0m from 1H 2024). Profit margin: 1.8% (up from net loss in 1H 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.공시 • Aug 18Melco International Development Limited to Report First Half, 2025 Results on Aug 29, 2025Melco International Development Limited announced that they will report first half, 2025 results on Aug 29, 2025New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).분석 기사 • Jul 02There's Reason For Concern Over Melco International Development Limited's (HKG:200) Massive 39% Price JumpMelco International Development Limited ( HKG:200 ) shareholders would be excited to see that the share price has had a...New Risk • Jun 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.New Risk • Jun 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$785m Forecast net loss in 2 years: HK$239m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.분석 기사 • May 29Shareholders Will Probably Hold Off On Increasing Melco International Development Limited's (HKG:200) CEO Compensation For The Time BeingKey Insights Melco International Development to hold its Annual General Meeting on 5th of June Total pay for CEO...Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.공시 • Apr 26Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million.Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 758,341,877 Price\Range: HKD 1.0286 Discount Per Security: HKD 0.0116 Transaction Features: Rights Offering분석 기사 • Apr 25Melco International Development (HKG:200) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.공시 • Mar 29Melco International Development Limited, Annual General Meeting, Jun 05, 2025Melco International Development Limited, Annual General Meeting, Jun 05, 2025.공시 • Mar 24Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)공시 • Mar 17Melco International Development Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Melco International Development Limited announced that they will report fiscal year 2024 results on Mar 28, 2025분석 기사 • Jan 30Melco International Development Limited's (HKG:200) Revenues Are Not Doing Enough For Some InvestorsWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...Price Target Changed • Jan 14Price target decreased by 7.2% to HK$5.48Down from HK$5.90, the current price target is an average from 8 analysts. New target price is 27% above last closing price of HK$4.31. Stock is down 20% over the past year. The company is forecast to post a net loss per share of HK$0.65 next year compared to a net loss per share of HK$1.16 last year.분석 기사 • Dec 24Melco International Development (HKG:200) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...New Risk • Nov 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$1.3b Forecast net loss in 2 years: HK$119m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Major Estimate Revision • Nov 08Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -HK$0.531 to -HK$0.637 per share. Revenue forecast unchanged at HK$35.7b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.00. Share price rose 10.0% to HK$5.30 over the past week.Price Target Changed • Sep 27Price target decreased by 8.8% to HK$6.06Down from HK$6.64, the current price target is an average from 7 analysts. New target price is 23% above last closing price of HK$4.94. Stock is down 21% over the past year. The company is forecast to post a net loss per share of HK$0.064 next year compared to a net loss per share of HK$1.16 last year.분석 기사 • Sep 24There's Reason For Concern Over Melco International Development Limited's (HKG:200) PriceIt's not a stretch to say that Melco International Development Limited's ( HKG:200 ) price-to-sales (or "P/S") ratio of...Reported Earnings • Sep 01First half 2024 earnings released: HK$0.17 loss per share (vs HK$0.49 loss in 1H 2023)First half 2024 results: HK$0.17 loss per share (improved from HK$0.49 loss in 1H 2023). Revenue: HK$17.8b (up 36% from 1H 2023). Net loss: HK$253.2m (loss narrowed 66% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 24Consensus EPS estimates fall from profit to HK$0.018 lossThe consensus outlook for fiscal year 2024 has been updated. Now expected to report loss of -HK$0.0176 instead of HK$0.009 per share profit in 2024. Revenue forecast reaffirmed at HK$36.4b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target down from HK$6.64 to HK$6.33. Share price was steady at HK$4.19 over the past week.Price Target Changed • Aug 23Price target decreased by 11% to HK$6.33Down from HK$7.14, the current price target is an average from 7 analysts. New target price is 51% above last closing price of HK$4.19. Stock is down 40% over the past year. The company is forecast to post earnings per share of HK$0.009 next year compared to a net loss per share of HK$1.16 last year.공시 • Aug 20Melco International Development Limited to Report First Half, 2024 Results on Aug 30, 2024Melco International Development Limited announced that they will report first half, 2024 results on Aug 30, 2024분석 기사 • Jun 28Here's Why Melco International Development (HKG:200) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Recent Insider Transactions • Jun 08Executive Chairman & CEO recently bought HK$152k worth of stockOn the 30th of May, Yau Lung Ho bought around 24k shares on-market at roughly HK$6.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.4m. Yau Lung has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.분석 기사 • Jun 06Shareholders May Be More Conservative With Melco International Development Limited's (HKG:200) CEO Compensation For NowKey Insights Melco International Development will host its Annual General Meeting on 13th of June Salary of HK$18.8m is...Recent Insider Transactions • May 31Independent Non-executive Director recently sold HK$630k worth of stockOn the 27th of May, Che Yin Tsui sold around 100k shares on-market at roughly HK$6.30 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$802k. Insiders have been net sellers, collectively disposing of HK$4.2m more than they bought in the last 12 months.Recent Insider Transactions • May 27Executive Chairman & CEO recently bought HK$3.4m worth of stockOn the 20th of May, Yau Lung Ho bought around 500k shares on-market at roughly HK$6.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.분석 기사 • May 02Melco International Development Limited's (HKG:200) Price Is Right But Growth Is LackingWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.Major Estimate Revision • Apr 18Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from HK$36.8b to HK$36.2b. Now expected to report a loss of HK$0.58 per share instead of HK$0.289 per share profit previously forecast. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.90. Share price fell 11% to HK$5.10 over the past week.Recent Insider Transactions • Apr 10Executive Chairman & CEO recently bought HK$5.5m worth of stockOn the 2nd of April, Yau Lung Ho bought around 1m shares on-market at roughly HK$5.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.공시 • Mar 29Melco International Development Limited, Annual General Meeting, Jun 13, 2024Melco International Development Limited, Annual General Meeting, Jun 13, 2024.Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.공시 • Mar 16Melco International Development Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Melco International Development Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024Price Target Changed • Feb 05Price target decreased by 11% to HK$7.00Down from HK$7.85, the current price target is an average from 6 analysts. New target price is 32% above last closing price of HK$5.30. Stock is down 47% over the past year. The company is forecast to post a net loss per share of HK$1.19 next year compared to a net loss per share of HK$3.40 last year.Major Estimate Revision • Jan 12Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -HK$0.742 to -HK$1.22 per share. Revenue forecast unchanged at HK$29.5b. Hospitality industry in Hong Kong expected to see average net income growth of 98% next year. Consensus price target broadly unchanged at HK$7.77. Share price was steady at HK$5.30 over the past week.분석 기사 • Dec 20Not Many Are Piling Into Melco International Development Limited (HKG:200) Just YetYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Melco International Development Limited ( HKG:200...Major Estimate Revision • Dec 14Consensus EPS estimates upgraded to HK$0.74 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$0.828 to -HK$0.742 per share. Revenue forecast steady at HK$29.2b. Hospitality industry in Hong Kong expected to see average net income growth of 99% next year. Consensus price target down from HK$8.97 to HK$7.92. Share price was steady at HK$5.16 over the past week.Price Target Changed • Dec 13Price target decreased by 16% to HK$7.92Down from HK$9.42, the current price target is an average from 6 analysts. New target price is 55% above last closing price of HK$5.10. Stock is down 43% over the past year. The company is forecast to post a net loss per share of HK$0.74 next year compared to a net loss per share of HK$3.40 last year.Price Target Changed • Nov 15Price target decreased by 10.0% to HK$9.42Down from HK$10.46, the current price target is an average from 6 analysts. New target price is 72% above last closing price of HK$5.47. Stock is down 8.7% over the past year. The company is forecast to post a net loss per share of HK$0.91 next year compared to a net loss per share of HK$3.40 last year.Major Estimate Revision • Nov 11Consensus EPS estimates upgraded to HK$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from HK$30.6b to HK$29.9b. 2023 losses expected to reduce from -HK$1.05 to -HK$0.773 per share. Hospitality industry in Hong Kong expected to see average net income growth of 118% next year. Consensus price target down from HK$10.46 to HK$10.00. Share price fell 4.6% to HK$5.21 over the past week.Price Target Changed • Nov 10Price target decreased by 7.4% to HK$10.30Down from HK$11.12, the current price target is an average from 5 analysts. New target price is 98% above last closing price of HK$5.21. Stock is down 0.6% over the past year. The company is forecast to post a net loss per share of HK$0.76 next year compared to a net loss per share of HK$3.40 last year.분석 기사 • Nov 07Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Recent Insider Transactions • Oct 05Independent Non-executive Director recently sold HK$2.2m worth of stockOn the 27th of September, Che Yin Tsui sold around 350k shares on-market at roughly HK$6.20 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$21m more than they bought in the last 12 months.Price Target Changed • Sep 19Price target decreased by 7.2% to HK$11.12Down from HK$11.98, the current price target is an average from 5 analysts. New target price is 75% above last closing price of HK$6.34. Stock is up 3.1% over the past year. The company is forecast to post a net loss per share of HK$1.05 next year compared to a net loss per share of HK$3.40 last year.공시 • Sep 02Melco International Development Limited Announces Executive ChangesMelco International Development Limited announced that Mr. Ng Ching Wo ("Mr. Ng"), in pursuit of his retirement plan, has resigned as Non-executive director (the "Director(s)") and ceased to be member of the Audit Committee, the Remuneration Committee and the Nomination and Corporate Governance Committee of the Company with effect from 1 September 2023; andMs. Karuna Evelyne Shinsho, an Independent Non-executive Director, has been appointed as a member of the Audit Committee of the Company with effect from 1 September 2023 upon the retirement of Mr. Ng.Reported Earnings • Sep 01First half 2023 earnings released: HK$0.49 loss per share (vs HK$1.58 loss in 1H 2022)First half 2023 results: HK$0.49 loss per share (improved from HK$1.58 loss in 1H 2022). Revenue: HK$13.0b (up 116% from 1H 2022). Net loss: HK$733.2m (loss narrowed 69% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.공시 • Aug 19Melco International Development Limited to Report First Half, 2023 Results on Aug 31, 2023Melco International Development Limited announced that they will report first half, 2023 results on Aug 31, 2023공시 • Jun 24Melco International Development Limited Appoints John William Crawford as an Additional Member to the Remuneration CommitteeThe board of Melco International Development Limited announced that Mr. John William Crawford, an independent non-executive director, has been appointed as an additional member to the remuneration committee of the company (the remuneration committee) with effect from 23 June 2023. Following the appointment, the Remuneration Committee comprises four members, namely Mr. Tsui Che Yin, Frank (Chairman of the Remuneration Committee), Mr. Ng Ching Wo, Mr. John William Crawford and Ms. Karuna Evelyne Shinsho.Major Estimate Revision • May 19Consensus EPS estimates upgraded to HK$1.09 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$1.39 per share to -HK$1.09 per share. Revenue forecast reaffirmed at HK$28.6b. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.96. Share price was steady at HK$7.84 over the past week.Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: HK$3.40 loss per share (further deteriorated from HK$2.52 loss in FY 2021). Revenue: HK$10.6b (down 32% from FY 2021). Net loss: HK$5.11b (loss widened 34% from FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Major Estimate Revision • Apr 15Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from HK$25.6b to HK$25.9b. Forecast EPS reduced from -HK$1.70 to -HK$1.90 per share. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.87. Share price fell 2.6% to HK$9.13 over the past week.분석 기사 • Apr 10Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...분석 기사 • Mar 16Should You Investigate Melco International Development Limited (HKG:200) At HK$8.69?Melco International Development Limited ( HKG:200 ), might not be a large cap stock, but it saw a decent share price...Price Target Changed • Jan 14Price target increased to HK$10.33Up from HK$9.50, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of HK$10.52. Stock is up 14% over the past year. The company is forecast to post a net loss per share of HK$3.99 next year compared to a net loss per share of HK$2.52 last year.분석 기사 • Jan 11Analysts Just Made A Major Revision To Their Melco International Development Limited (HKG:200) Revenue ForecastsOne thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...Major Estimate Revision • Jan 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$14.8b to HK$13.0b. Forecast losses increased from -HK$3.29 to -HK$3.64 per share. Hospitality industry in Hong Kong expected to see average net income growth of 122% next year. Consensus price target up from HK$8.71 to HK$9.50. Share price rose 6.5% to HK$9.04 over the past week.Price Target Changed • Dec 19Price target increased to HK$9.10Up from HK$8.30, the current price target is an average from 7 analysts. New target price is 15% above last closing price of HK$7.92. Stock is down 4.5% over the past year. The company is forecast to post a net loss per share of HK$3.42 next year compared to a net loss per share of HK$2.52 last year.분석 기사 • Dec 13Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Major Estimate Revision • Dec 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$15.9b to HK$14.8b. Losses expected to increase from HK$2.84 per share to HK$3.29. Hospitality industry in Hong Kong expected to see average net income growth of 129% next year. Consensus price target broadly unchanged at HK$8.39. Share price rose 35% to HK$6.80 over the past week.Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Major Estimate Revision • Oct 18Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$16.6b to HK$16.2b. Losses expected to increase from HK$2.86 per share to HK$3.27. Hospitality industry in Hong Kong expected to see average net income growth of 177% next year. Consensus price target down from HK$8.41 to HK$8.19. Share price fell 11% to HK$5.14 over the past week.Reported Earnings • Sep 01First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.09 loss in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.09 loss in 1H 2021). Revenue: HK$6.03b (down 28% from 1H 2021). Net loss: HK$2.37b (loss widened 44% from 1H 2021). Over the next year, revenue is forecast to grow 64%, compared to a 43% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • May 22President recently sold HK$538k worth of stockOn the 17th of May, Evan Winkler sold around 100k shares on-market at roughly HK$5.38 per share. This was the largest sale by an insider in the last 3 months. Evan has been a seller over the last 12 months, reducing personal holdings by HK$1.1m.Reported Earnings • May 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 20%, compared to a 38% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.Major Estimate Revision • Apr 27Consensus EPS estimates fall by 126%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$19.7b to HK$18.8b. Losses expected to increase from HK$1.01 per share to HK$2.27. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target down from HK$11.13 to HK$9.68. Share price fell 7.3% to HK$6.12 over the past week.Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Price Target Changed • Apr 21Price target decreased to HK$10.05Down from HK$11.49, the current price target is an average from 6 analysts. New target price is 52% above last closing price of HK$6.60. Stock is down 57% over the past year. The company is forecast to post a net loss per share of HK$1.01 next year compared to a net loss per share of HK$2.52 last year.Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 53%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from HK$18.6b to HK$19.7b. EPS estimate increased from -HK$2.14 per share to -HK$1.01 per share. Hospitality industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.49 to HK$11.13. Share price was steady at HK$6.80 over the past week.분석 기사 • Apr 07Melco International Development Limited (HKG:200) Analysts Just Slashed This Year's Revenue Estimates By 21%One thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from HK$23.4b to HK$18.6b. EPS estimate unchanged from -HK$2.14 per share at last update. Hospitality industry in Hong Kong expected to see average net income growth of 33% next year. Consensus price target broadly unchanged at HK$11.49. Share price fell 7.5% to HK$6.70 over the past week.Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 50%, compared to a 50% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.Recent Insider Transactions Derivative • Jan 30Executive Director exercised options and sold HK$368k worth of stockOn the 24th of January, Yuk Man Chung exercised options to acquire 38k shares at no cost and sold these for an average price of HK$9.68 per share. This trade did not impact their existing holding. Since June 2021, Yuk Man has owned 3.09m shares directly. Company insiders have collectively bought HK$74m more than they sold, via options and on-market transactions, in the last 12 months.Price Target Changed • Jan 17Price target decreased to HK$11.52Down from HK$12.85, the current price target is an average from 7 analysts. New target price is 19% above last closing price of HK$9.72. Stock is down 30% over the past year. The company is forecast to post a net loss per share of HK$3.63 next year compared to a net loss per share of HK$4.19 last year.Price Target Changed • Nov 25Price target increased to HK$13.24Up from HK$12.29, the current price target is an average from 7 analysts. New target price is 16% above last closing price of HK$11.42. Stock is down 25% over the past year. The company is forecast to post a net loss per share of HK$3.29 next year compared to a net loss per share of HK$4.19 last year.Price Target Changed • Oct 21Price target decreased to HK$12.29Down from HK$14.24, the current price target is an average from 7 analysts. New target price is 26% above last closing price of HK$9.79. Stock is down 26% over the past year. The company is forecast to post a net loss per share of HK$3.30 next year compared to a net loss per share of HK$4.19 last year.분석 기사 • Oct 13Is Melco International Development (HKG:200) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Price Target Changed • Sep 15Price target decreased to HK$14.49Down from HK$15.88, the current price target is an average from 7 analysts. New target price is 58% above last closing price of HK$9.17. Stock is down 46% over the past year.이익 및 매출 성장 예측SEHK:200 - 애널리스트 향후 추정치 및 과거 재무 데이터 (HKD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202743,9401,6787,8929,128312/31/202642,3779646,6286,465212/31/202540,2411,0587,59110,247N/A9/30/202539,3064397,0439,802N/A6/30/202538,372-1816,4949,357N/A3/31/202537,272-4836,4439,042N/A12/31/202436,173-7856,3938,728N/A9/30/202435,216-1,0246,7158,873N/A6/30/202434,259-1,2647,0379,018N/A3/31/202431,895-1,5046,8388,763N/A12/31/202329,532-1,7446,6408,508N/A9/30/202323,555-2,6082,6324,890N/A6/30/202317,579-3,472-1,3751,272N/A3/31/202314,072-4,292-3,843-394N/A12/31/202210,566-5,113-6,311-2,060N/A9/30/202211,902-4,825-5,656-850N/A6/30/202213,239-4,536-5,001359N/A3/31/202214,439-4,172-4,762450N/A12/31/202115,639-3,809-4,522542N/A9/30/202114,903-4,066-5,058-316N/A6/30/202114,167-4,322-5,594-1,173N/A3/31/202113,796-5,331-7,213-3,230N/A12/31/202013,424-6,340-8,833-5,287N/A9/30/202021,871-4,889-5,406-2,168N/A6/30/202030,318-3,438-1,980952N/A3/31/202037,653-1,3741,5854,815N/A12/31/201944,9886905,1508,677N/A9/30/201944,142665N/A9,987N/A6/30/201943,295640N/A11,296N/A3/31/201942,017581N/A10,759N/A12/31/201840,739523N/A10,222N/A9/30/201840,810588N/A9,347N/A6/30/201840,881654N/A8,471N/A3/31/201841,038564N/A9,492N/A12/31/201741,195474N/A10,513N/A9/30/201739,809319N/A10,988N/A6/30/201738,423163N/A11,462N/A3/31/201731,1435,265N/A9,827N/A12/31/201623,86210,366N/A8,193N/A9/30/201614,81510,362N/A4,930N/A6/30/20165,76710,357N/A1,668N/A3/31/20163,1025,229N/A829N/A12/31/2015437101N/A-10N/A9/30/2015412396N/A-17N/A6/30/2015387691N/A-23N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 200 의 연간 예상 수익 증가율(17.6%)이 saving rate(3%)보다 높습니다.수익 vs 시장: 200 의 연간 수익(17.6%)이 Hong Kong 시장(12.6%)보다 빠르게 성장할 것으로 예상됩니다.고성장 수익: 200 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 200 의 수익(연간 4.4%)이 Hong Kong 시장(연간 8.7%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 200 의 수익(연간 4.4%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 200의 자본 수익률은 3년 후 31.1%로 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YConsumer-services 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/13 05:27종가2026/06/12 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Melco International Development Limited는 16명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Ronald LeungBofA Global ResearchShengyong GohChina International Capital Corporation LimitedAngela Han LeeChina Merchants Securities (HK) Co., Ltd13명의 분석가 더 보기
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.
Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.
Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.
Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.
Major Estimate Revision • Jun 05Consensus EPS estimates fall by 12%The consensus outlook for fiscal year 2026 has been updated. 2026 consensus EPS estimate fell from HK$0.50 to HK$0.44. Revenue forecast reaffirmed at HK$42.4b. Net income forecast to shrink 11% next year vs 33% growth forecast for Hospitality industry in Hong Kong . Consensus price target up from HK$5.30 to HK$5.44. Share price rose 2.7% to HK$3.86 over the past week.
New Risk • Jun 01New major risk - Revenue and earnings growthEarnings are forecast to decline by an average of 1.5% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings are forecast to decline by an average of 1.5% per year for the foreseeable future. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding).
분석 기사 • May 06There May Be Underlying Issues With The Quality Of Melco International Development's (HKG:200) EarningsDespite posting some strong earnings, the market for Melco International Development Limited's ( HKG:200 ) stock hasn't...
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$4.20, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 11x in the Hospitality industry in Hong Kong. Total loss to shareholders of 41% over the past three years.
Reported Earnings • Apr 02Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: HK$0.50 (up from HK$0.52 loss in FY 2024). Revenue: HK$40.2b (up 11% from FY 2024). Net income: HK$1.06b (up HK$1.84b from FY 2024). Profit margin: 2.6% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 36%. Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 9.1% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
공시 • Apr 01Melco International Development Limited, Annual General Meeting, Jun 08, 2026Melco International Development Limited, Annual General Meeting, Jun 08, 2026.
공시 • Mar 18Melco International Development Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Melco International Development Limited announced that they will report fiscal year 2025 results on Mar 31, 2026
분석 기사 • Nov 19There's Been No Shortage Of Growth Recently For Melco International Development's (HKG:200) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
분석 기사 • Oct 30Risks Still Elevated At These Prices As Melco International Development Limited (HKG:200) Shares Dive 25%Melco International Development Limited ( HKG:200 ) shares have had a horrible month, losing 25% after a relatively...
분석 기사 • Sep 18These 4 Measures Indicate That Melco International Development (HKG:200) Is Using Debt ExtensivelyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Price Target Changed • Sep 03Price target increased by 10% to HK$5.72Up from HK$5.18, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of HK$5.87. Stock is up 43% over the past year. The company is forecast to post earnings per share of HK$0.25 next year compared to a net loss per share of HK$0.52 last year.
Reported Earnings • Aug 31First half 2025 earnings released: EPS: HK$0.18 (vs HK$0.17 loss in 1H 2024)First half 2025 results: EPS: HK$0.18 (up from HK$0.17 loss in 1H 2024). Revenue: HK$20.0b (up 12% from 1H 2024). Net income: HK$350.8m (up HK$604.0m from 1H 2024). Profit margin: 1.8% (up from net loss in 1H 2024). Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
공시 • Aug 18Melco International Development Limited to Report First Half, 2025 Results on Aug 29, 2025Melco International Development Limited announced that they will report first half, 2025 results on Aug 29, 2025
New Risk • Jul 03New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change).
분석 기사 • Jul 02There's Reason For Concern Over Melco International Development Limited's (HKG:200) Massive 39% Price JumpMelco International Development Limited ( HKG:200 ) shareholders would be excited to see that the share price has had a...
New Risk • Jun 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
New Risk • Jun 04New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$785m Forecast net loss in 2 years: HK$239m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Jun 03Consensus estimates of losses per share improve by 43%The consensus outlook for earnings per share (EPS) in fiscal year 2025 has improved. 2025 revenue forecast increased from HK$38.5b to HK$38.9b. EPS estimate increased from -HK$0.582 per share to -HK$0.333 per share. Hospitality industry in Hong Kong expected to see average net income growth of 27% next year. Consensus price target down from HK$3.75 to HK$3.67. Share price fell 4.1% to HK$3.31 over the past week.
분석 기사 • May 29Shareholders Will Probably Hold Off On Increasing Melco International Development Limited's (HKG:200) CEO Compensation For The Time BeingKey Insights Melco International Development to hold its Annual General Meeting on 5th of June Total pay for CEO...
Major Estimate Revision • May 06Consensus EPS estimates upgraded to HK$0.58 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -HK$0.84 to -HK$0.582 per share. Revenue forecast steady at HK$38.0b. Hospitality industry in Hong Kong expected to see average net income growth of 32% next year. Consensus price target down from HK$4.68 to HK$3.92. Share price fell 2.4% to HK$3.23 over the past week.
Reported Earnings • May 01Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
공시 • Apr 26Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million.Melco International Development Limited has filed a Follow-on Equity Offering in the amount of HKD 780.030455 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 758,341,877 Price\Range: HKD 1.0286 Discount Per Security: HKD 0.0116 Transaction Features: Rights Offering
분석 기사 • Apr 25Melco International Development (HKG:200) Has More To Do To Multiply In Value Going ForwardDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
Price Target Changed • Apr 22Price target decreased by 9.3% to HK$4.65Down from HK$5.13, the current price target is an average from 6 analysts. New target price is 36% above last closing price of HK$3.42. Stock is down 36% over the past year. The company is forecast to post a net loss per share of HK$0.84 next year compared to a net loss per share of HK$0.52 last year.
Major Estimate Revision • Apr 16Consensus EPS estimates fall from profit to HK$0.41 lossThe consensus outlook for fiscal year 2025 has been updated. Expected to report loss instead of -HK$0.41 instead of HK$0.02 per share profit previously forecast. Revenue forecast unchanged at HK$37.8b Hospitality industry in Hong Kong expected to see average net income growth of 30% next year. Consensus price target down from HK$5.13 to HK$4.97. Share price was steady at HK$3.37 over the past week.
Reported Earnings • Mar 30Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: HK$0.52 loss per share (improved from HK$1.16 loss in FY 2023). Revenue: HK$36.2b (up 23% from FY 2023). Net loss: HK$784.6m (loss narrowed 55% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 20%. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings.
공시 • Mar 29Melco International Development Limited, Annual General Meeting, Jun 05, 2025Melco International Development Limited, Annual General Meeting, Jun 05, 2025.
공시 • Mar 24Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)Melco International Development Limited(SEHK:200) dropped from FTSE All-World Index (USD)
공시 • Mar 17Melco International Development Limited to Report Fiscal Year 2024 Results on Mar 28, 2025Melco International Development Limited announced that they will report fiscal year 2024 results on Mar 28, 2025
분석 기사 • Jan 30Melco International Development Limited's (HKG:200) Revenues Are Not Doing Enough For Some InvestorsWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
Price Target Changed • Jan 14Price target decreased by 7.2% to HK$5.48Down from HK$5.90, the current price target is an average from 8 analysts. New target price is 27% above last closing price of HK$4.31. Stock is down 20% over the past year. The company is forecast to post a net loss per share of HK$0.65 next year compared to a net loss per share of HK$1.16 last year.
분석 기사 • Dec 24Melco International Development (HKG:200) Takes On Some Risk With Its Use Of DebtHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
New Risk • Nov 09New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 2 years. Trailing 12-month net loss: HK$1.3b Forecast net loss in 2 years: HK$119m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Major Estimate Revision • Nov 08Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -HK$0.531 to -HK$0.637 per share. Revenue forecast unchanged at HK$35.7b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.00. Share price rose 10.0% to HK$5.30 over the past week.
Price Target Changed • Sep 27Price target decreased by 8.8% to HK$6.06Down from HK$6.64, the current price target is an average from 7 analysts. New target price is 23% above last closing price of HK$4.94. Stock is down 21% over the past year. The company is forecast to post a net loss per share of HK$0.064 next year compared to a net loss per share of HK$1.16 last year.
분석 기사 • Sep 24There's Reason For Concern Over Melco International Development Limited's (HKG:200) PriceIt's not a stretch to say that Melco International Development Limited's ( HKG:200 ) price-to-sales (or "P/S") ratio of...
Reported Earnings • Sep 01First half 2024 earnings released: HK$0.17 loss per share (vs HK$0.49 loss in 1H 2023)First half 2024 results: HK$0.17 loss per share (improved from HK$0.49 loss in 1H 2023). Revenue: HK$17.8b (up 36% from 1H 2023). Net loss: HK$253.2m (loss narrowed 66% from 1H 2023). Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 24Consensus EPS estimates fall from profit to HK$0.018 lossThe consensus outlook for fiscal year 2024 has been updated. Now expected to report loss of -HK$0.0176 instead of HK$0.009 per share profit in 2024. Revenue forecast reaffirmed at HK$36.4b. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target down from HK$6.64 to HK$6.33. Share price was steady at HK$4.19 over the past week.
Price Target Changed • Aug 23Price target decreased by 11% to HK$6.33Down from HK$7.14, the current price target is an average from 7 analysts. New target price is 51% above last closing price of HK$4.19. Stock is down 40% over the past year. The company is forecast to post earnings per share of HK$0.009 next year compared to a net loss per share of HK$1.16 last year.
공시 • Aug 20Melco International Development Limited to Report First Half, 2024 Results on Aug 30, 2024Melco International Development Limited announced that they will report first half, 2024 results on Aug 30, 2024
분석 기사 • Jun 28Here's Why Melco International Development (HKG:200) Has A Meaningful Debt BurdenHoward Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Recent Insider Transactions • Jun 08Executive Chairman & CEO recently bought HK$152k worth of stockOn the 30th of May, Yau Lung Ho bought around 24k shares on-market at roughly HK$6.34 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$3.4m. Yau Lung has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares.
분석 기사 • Jun 06Shareholders May Be More Conservative With Melco International Development Limited's (HKG:200) CEO Compensation For NowKey Insights Melco International Development will host its Annual General Meeting on 13th of June Salary of HK$18.8m is...
Recent Insider Transactions • May 31Independent Non-executive Director recently sold HK$630k worth of stockOn the 27th of May, Che Yin Tsui sold around 100k shares on-market at roughly HK$6.30 per share. This transaction amounted to 1.5% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth HK$802k. Insiders have been net sellers, collectively disposing of HK$4.2m more than they bought in the last 12 months.
Recent Insider Transactions • May 27Executive Chairman & CEO recently bought HK$3.4m worth of stockOn the 20th of May, Yau Lung Ho bought around 500k shares on-market at roughly HK$6.77 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.
분석 기사 • May 02Melco International Development Limited's (HKG:200) Price Is Right But Growth Is LackingWhen you see that almost half of the companies in the Hospitality industry in Hong Kong have price-to-sales ratios (or...
Reported Earnings • Apr 28Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 30% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Apr 18Consensus EPS estimates have been downgraded.The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from HK$36.8b to HK$36.2b. Now expected to report a loss of HK$0.58 per share instead of HK$0.289 per share profit previously forecast. Hospitality industry in Hong Kong expected to see average net income growth of 37% next year. Consensus price target broadly unchanged at HK$6.90. Share price fell 11% to HK$5.10 over the past week.
Recent Insider Transactions • Apr 10Executive Chairman & CEO recently bought HK$5.5m worth of stockOn the 2nd of April, Yau Lung Ho bought around 1m shares on-market at roughly HK$5.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Yau Lung's only on-market trade for the last 12 months.
공시 • Mar 29Melco International Development Limited, Annual General Meeting, Jun 13, 2024Melco International Development Limited, Annual General Meeting, Jun 13, 2024.
Reported Earnings • Mar 29Full year 2023 earnings: EPS and revenues miss analyst expectationsFull year 2023 results: HK$1.16 loss per share (improved from HK$3.40 loss in FY 2022). Revenue: HK$29.5b (up 180% from FY 2022). Net loss: HK$1.74b (loss narrowed 66% from FY 2022). Revenue missed analyst estimates by 1.8%. Earnings per share (EPS) also missed analyst estimates by 12%. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 33% per year, which means it is significantly lagging earnings.
공시 • Mar 16Melco International Development Limited to Report Fiscal Year 2023 Final Results on Mar 28, 2024Melco International Development Limited announced that they will report fiscal year 2023 final results on Mar 28, 2024
Price Target Changed • Feb 05Price target decreased by 11% to HK$7.00Down from HK$7.85, the current price target is an average from 6 analysts. New target price is 32% above last closing price of HK$5.30. Stock is down 47% over the past year. The company is forecast to post a net loss per share of HK$1.19 next year compared to a net loss per share of HK$3.40 last year.
Major Estimate Revision • Jan 12Consensus EPS estimates fall by 64%The consensus outlook for fiscal year 2023 has been updated. 2023 expected loss increased from -HK$0.742 to -HK$1.22 per share. Revenue forecast unchanged at HK$29.5b. Hospitality industry in Hong Kong expected to see average net income growth of 98% next year. Consensus price target broadly unchanged at HK$7.77. Share price was steady at HK$5.30 over the past week.
분석 기사 • Dec 20Not Many Are Piling Into Melco International Development Limited (HKG:200) Just YetYou may think that with a price-to-sales (or "P/S") ratio of 0.5x Melco International Development Limited ( HKG:200...
Major Estimate Revision • Dec 14Consensus EPS estimates upgraded to HK$0.74 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$0.828 to -HK$0.742 per share. Revenue forecast steady at HK$29.2b. Hospitality industry in Hong Kong expected to see average net income growth of 99% next year. Consensus price target down from HK$8.97 to HK$7.92. Share price was steady at HK$5.16 over the past week.
Price Target Changed • Dec 13Price target decreased by 16% to HK$7.92Down from HK$9.42, the current price target is an average from 6 analysts. New target price is 55% above last closing price of HK$5.10. Stock is down 43% over the past year. The company is forecast to post a net loss per share of HK$0.74 next year compared to a net loss per share of HK$3.40 last year.
Price Target Changed • Nov 15Price target decreased by 10.0% to HK$9.42Down from HK$10.46, the current price target is an average from 6 analysts. New target price is 72% above last closing price of HK$5.47. Stock is down 8.7% over the past year. The company is forecast to post a net loss per share of HK$0.91 next year compared to a net loss per share of HK$3.40 last year.
Major Estimate Revision • Nov 11Consensus EPS estimates upgraded to HK$0.77 loss, revenue downgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast fell from HK$30.6b to HK$29.9b. 2023 losses expected to reduce from -HK$1.05 to -HK$0.773 per share. Hospitality industry in Hong Kong expected to see average net income growth of 118% next year. Consensus price target down from HK$10.46 to HK$10.00. Share price fell 4.6% to HK$5.21 over the past week.
Price Target Changed • Nov 10Price target decreased by 7.4% to HK$10.30Down from HK$11.12, the current price target is an average from 5 analysts. New target price is 98% above last closing price of HK$5.21. Stock is down 0.6% over the past year. The company is forecast to post a net loss per share of HK$0.76 next year compared to a net loss per share of HK$3.40 last year.
분석 기사 • Nov 07Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Recent Insider Transactions • Oct 05Independent Non-executive Director recently sold HK$2.2m worth of stockOn the 27th of September, Che Yin Tsui sold around 350k shares on-market at roughly HK$6.20 per share. This transaction amounted to 5.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of HK$21m more than they bought in the last 12 months.
Price Target Changed • Sep 19Price target decreased by 7.2% to HK$11.12Down from HK$11.98, the current price target is an average from 5 analysts. New target price is 75% above last closing price of HK$6.34. Stock is up 3.1% over the past year. The company is forecast to post a net loss per share of HK$1.05 next year compared to a net loss per share of HK$3.40 last year.
공시 • Sep 02Melco International Development Limited Announces Executive ChangesMelco International Development Limited announced that Mr. Ng Ching Wo ("Mr. Ng"), in pursuit of his retirement plan, has resigned as Non-executive director (the "Director(s)") and ceased to be member of the Audit Committee, the Remuneration Committee and the Nomination and Corporate Governance Committee of the Company with effect from 1 September 2023; andMs. Karuna Evelyne Shinsho, an Independent Non-executive Director, has been appointed as a member of the Audit Committee of the Company with effect from 1 September 2023 upon the retirement of Mr. Ng.
Reported Earnings • Sep 01First half 2023 earnings released: HK$0.49 loss per share (vs HK$1.58 loss in 1H 2022)First half 2023 results: HK$0.49 loss per share (improved from HK$1.58 loss in 1H 2022). Revenue: HK$13.0b (up 116% from 1H 2022). Net loss: HK$733.2m (loss narrowed 69% from 1H 2022). Revenue is forecast to grow 28% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 25% per year, which means it is significantly lagging earnings.
공시 • Aug 19Melco International Development Limited to Report First Half, 2023 Results on Aug 31, 2023Melco International Development Limited announced that they will report first half, 2023 results on Aug 31, 2023
공시 • Jun 24Melco International Development Limited Appoints John William Crawford as an Additional Member to the Remuneration CommitteeThe board of Melco International Development Limited announced that Mr. John William Crawford, an independent non-executive director, has been appointed as an additional member to the remuneration committee of the company (the remuneration committee) with effect from 23 June 2023. Following the appointment, the Remuneration Committee comprises four members, namely Mr. Tsui Che Yin, Frank (Chairman of the Remuneration Committee), Mr. Ng Ching Wo, Mr. John William Crawford and Ms. Karuna Evelyne Shinsho.
Major Estimate Revision • May 19Consensus EPS estimates upgraded to HK$1.09 lossThe consensus outlook for fiscal year 2023 has been updated. 2023 losses forecast to reduce from -HK$1.39 per share to -HK$1.09 per share. Revenue forecast reaffirmed at HK$28.6b. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.96. Share price was steady at HK$7.84 over the past week.
Reported Earnings • Apr 30Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2022 results: HK$3.40 loss per share (further deteriorated from HK$2.52 loss in FY 2021). Revenue: HK$10.6b (down 32% from FY 2021). Net loss: HK$5.11b (loss widened 34% from FY 2021). Revenue missed analyst estimates by 3.6%. Earnings per share (EPS) exceeded analyst estimates by 15%. Revenue is forecast to grow 33% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Major Estimate Revision • Apr 15Consensus EPS estimates fall by 11%, revenue upgradedThe consensus outlook for fiscal year 2023 has been updated. 2023 revenue forecast increased from HK$25.6b to HK$25.9b. Forecast EPS reduced from -HK$1.70 to -HK$1.90 per share. Hospitality industry in Hong Kong expected to see average net income growth of 162% next year. Consensus price target broadly unchanged at HK$11.87. Share price fell 2.6% to HK$9.13 over the past week.
분석 기사 • Apr 10Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
분석 기사 • Mar 16Should You Investigate Melco International Development Limited (HKG:200) At HK$8.69?Melco International Development Limited ( HKG:200 ), might not be a large cap stock, but it saw a decent share price...
Price Target Changed • Jan 14Price target increased to HK$10.33Up from HK$9.50, the current price target is an average from 8 analysts. New target price is approximately in line with last closing price of HK$10.52. Stock is up 14% over the past year. The company is forecast to post a net loss per share of HK$3.99 next year compared to a net loss per share of HK$2.52 last year.
분석 기사 • Jan 11Analysts Just Made A Major Revision To Their Melco International Development Limited (HKG:200) Revenue ForecastsOne thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...
Major Estimate Revision • Jan 04Consensus revenue estimates fall by 12%The consensus outlook for revenues in 2022 has deteriorated. 2022 revenue forecast decreased from HK$14.8b to HK$13.0b. Forecast losses increased from -HK$3.29 to -HK$3.64 per share. Hospitality industry in Hong Kong expected to see average net income growth of 122% next year. Consensus price target up from HK$8.71 to HK$9.50. Share price rose 6.5% to HK$9.04 over the past week.
Price Target Changed • Dec 19Price target increased to HK$9.10Up from HK$8.30, the current price target is an average from 7 analysts. New target price is 15% above last closing price of HK$7.92. Stock is down 4.5% over the past year. The company is forecast to post a net loss per share of HK$3.42 next year compared to a net loss per share of HK$2.52 last year.
분석 기사 • Dec 13Melco International Development (HKG:200) Has Debt But No Earnings; Should You Worry?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Major Estimate Revision • Dec 03Consensus EPS estimates fall by 16%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$15.9b to HK$14.8b. Losses expected to increase from HK$2.84 per share to HK$3.29. Hospitality industry in Hong Kong expected to see average net income growth of 129% next year. Consensus price target broadly unchanged at HK$8.39. Share price rose 35% to HK$6.80 over the past week.
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Major Estimate Revision • Oct 18Consensus EPS estimates fall by 14%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$16.6b to HK$16.2b. Losses expected to increase from HK$2.86 per share to HK$3.27. Hospitality industry in Hong Kong expected to see average net income growth of 177% next year. Consensus price target down from HK$8.41 to HK$8.19. Share price fell 11% to HK$5.14 over the past week.
Reported Earnings • Sep 01First half 2022 earnings released: HK$1.58 loss per share (vs HK$1.09 loss in 1H 2021)First half 2022 results: HK$1.58 loss per share (down from HK$1.09 loss in 1H 2021). Revenue: HK$6.03b (down 28% from 1H 2021). Net loss: HK$2.37b (loss widened 44% from 1H 2021). Over the next year, revenue is forecast to grow 64%, compared to a 43% growth forecast for the Hospitality industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 36% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • May 22President recently sold HK$538k worth of stockOn the 17th of May, Evan Winkler sold around 100k shares on-market at roughly HK$5.38 per share. This was the largest sale by an insider in the last 3 months. Evan has been a seller over the last 12 months, reducing personal holdings by HK$1.1m.
Reported Earnings • May 02Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) exceeded analyst estimates by 30%. Over the next year, revenue is forecast to grow 20%, compared to a 38% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance.
Major Estimate Revision • Apr 27Consensus EPS estimates fall by 126%The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from HK$19.7b to HK$18.8b. Losses expected to increase from HK$1.01 per share to HK$2.27. Hospitality industry in Hong Kong expected to see average net income growth of 35% next year. Consensus price target down from HK$11.13 to HK$9.68. Share price fell 7.3% to HK$6.12 over the past week.
Board Change • Apr 27Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. 3 independent directors (4 non-independent directors). Independent Non-Executive Director John William Crawford was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Price Target Changed • Apr 21Price target decreased to HK$10.05Down from HK$11.49, the current price target is an average from 6 analysts. New target price is 52% above last closing price of HK$6.60. Stock is down 57% over the past year. The company is forecast to post a net loss per share of HK$1.01 next year compared to a net loss per share of HK$2.52 last year.
Major Estimate Revision • Apr 15Consensus estimates of losses per share improve by 53%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from HK$18.6b to HK$19.7b. EPS estimate increased from -HK$2.14 per share to -HK$1.01 per share. Hospitality industry in Hong Kong expected to see average net income growth of 36% next year. Consensus price target down from HK$11.49 to HK$11.13. Share price was steady at HK$6.80 over the past week.
분석 기사 • Apr 07Melco International Development Limited (HKG:200) Analysts Just Slashed This Year's Revenue Estimates By 21%One thing we could say about the analysts on Melco International Development Limited ( HKG:200 ) - they aren't...
Major Estimate Revision • Apr 07Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast fell from HK$23.4b to HK$18.6b. EPS estimate unchanged from -HK$2.14 per share at last update. Hospitality industry in Hong Kong expected to see average net income growth of 33% next year. Consensus price target broadly unchanged at HK$11.49. Share price fell 7.5% to HK$6.70 over the past week.
Reported Earnings • Apr 01Full year 2021 earnings: EPS and revenues miss analyst expectationsFull year 2021 results: HK$2.52 loss per share (up from HK$4.19 loss in FY 2020). Revenue: HK$15.6b (up 17% from FY 2020). Net loss: HK$3.81b (loss narrowed 40% from FY 2020). Revenue missed analyst estimates by 3.2%. Earnings per share (EPS) also missed analyst estimates by 30%. Over the next year, revenue is forecast to grow 50%, compared to a 50% growth forecast for the restaurants industry in Hong Kong. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 52 percentage points per year, which is a significant difference in performance.
Recent Insider Transactions Derivative • Jan 30Executive Director exercised options and sold HK$368k worth of stockOn the 24th of January, Yuk Man Chung exercised options to acquire 38k shares at no cost and sold these for an average price of HK$9.68 per share. This trade did not impact their existing holding. Since June 2021, Yuk Man has owned 3.09m shares directly. Company insiders have collectively bought HK$74m more than they sold, via options and on-market transactions, in the last 12 months.
Price Target Changed • Jan 17Price target decreased to HK$11.52Down from HK$12.85, the current price target is an average from 7 analysts. New target price is 19% above last closing price of HK$9.72. Stock is down 30% over the past year. The company is forecast to post a net loss per share of HK$3.63 next year compared to a net loss per share of HK$4.19 last year.
Price Target Changed • Nov 25Price target increased to HK$13.24Up from HK$12.29, the current price target is an average from 7 analysts. New target price is 16% above last closing price of HK$11.42. Stock is down 25% over the past year. The company is forecast to post a net loss per share of HK$3.29 next year compared to a net loss per share of HK$4.19 last year.
Price Target Changed • Oct 21Price target decreased to HK$12.29Down from HK$14.24, the current price target is an average from 7 analysts. New target price is 26% above last closing price of HK$9.79. Stock is down 26% over the past year. The company is forecast to post a net loss per share of HK$3.30 next year compared to a net loss per share of HK$4.19 last year.
분석 기사 • Oct 13Is Melco International Development (HKG:200) Weighed On By Its Debt Load?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Price Target Changed • Sep 15Price target decreased to HK$14.49Down from HK$15.88, the current price target is an average from 7 analysts. New target price is 58% above last closing price of HK$9.17. Stock is down 46% over the past year.