Melco Resorts & Entertainment Limited

NasdaqGS:MLCO Stock Report

Market Cap: US$2.5b

Melco Resorts & Entertainment Valuation

Is MLCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MLCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
US$25.97
Fair Value
77.2% undervalued intrinsic discount
14
Number of Analysts

Below Fair Value: MLCO ($5.91) is trading below our estimate of fair value ($25.97)

Significantly Below Fair Value: MLCO is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MLCO?

Key metric: As MLCO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MLCO. This is calculated by dividing MLCO's market cap by their current revenue.
What is MLCO's PS Ratio?
PS Ratio0.5x
SalesUS$4.54b
Market CapUS$2.48b

Price to Sales Ratio vs Peers

How does MLCO's PS Ratio compare to its peers?

The above table shows the PS ratio for MLCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.4x
RSI Rush Street Interactive
1.5x12.6%US$3.3b
GENI Genius Sports
4.4x15.0%US$2.1b
PENN PENN Entertainment
0.5x6.0%US$3.1b
MCRI Monarch Casino & Resort
3x1.6%US$1.6b
MLCO Melco Resorts & Entertainment
0.5x7.4%US$2.5b

Price-To-Sales vs Peers: MLCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the peer average (2.6x).

Price to Sales Ratio vs Industry

How does MLCO's PS Ratio compare vs other companies in the US Hospitality Industry?

28 CompaniesPrice / SalesEstimated GrowthMarket Cap
BLMN Bloomin' Brands
0.2x-2.1%US$1.07b
BALY Bally's
0.3x1.3%US$739.32m
TAST Carrols Restaurant Group
0.3x2.9%US$478.64m
GENK GEN Restaurant Group
0.2x18.5%US$209.92m
No. of Companies28PS01.22.43.64.86+
28 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: MLCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the US Hospitality industry average (1.7x).

Price to Sales Ratio vs Fair Ratio

What is MLCO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MLCO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.5x
Fair PS Ratio1.3x

Price-To-Sales vs Fair Ratio: MLCO is good value based on its Price-To-Sales Ratio (0.5x) compared to the estimated Fair Price-To-Sales Ratio (1.3x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MLCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.91
US$8.50
+43.9%
16.9%US$10.80US$6.20n/a14
Jan ’26US$5.79
US$9.15
+58.0%
15.0%US$11.50US$7.00n/a14
Dec ’25US$6.42
US$9.43
+46.9%
14.2%US$11.50US$7.00n/a14
Nov ’25US$6.72
US$9.39
+39.8%
15.0%US$11.50US$6.00n/a14
Oct ’25US$8.17
US$9.02
+10.4%
19.4%US$11.50US$6.00n/a14
Sep ’25US$5.07
US$9.29
+83.3%
21.3%US$14.00US$6.00n/a14
Aug ’25US$5.30
US$10.21
+92.7%
19.3%US$14.00US$7.00n/a14
Jul ’25US$7.02
US$10.69
+52.3%
14.6%US$14.00US$7.60n/a14
Jun ’25US$7.84
US$10.51
+34.1%
15.2%US$14.00US$7.60n/a14
May ’25US$6.59
US$10.21
+55.0%
18.0%US$14.00US$7.50n/a14
Apr ’25US$7.44
US$11.30
+51.8%
19.3%US$15.00US$8.30n/a13
Mar ’25US$7.12
US$11.52
+61.8%
16.7%US$15.00US$9.20n/a13
Feb ’25US$8.14
US$11.87
+45.9%
15.7%US$15.00US$8.60US$5.9113
Jan ’25US$8.87
US$12.21
+37.6%
14.5%US$15.00US$8.60US$5.7913
Dec ’24US$6.96
US$12.95
+86.1%
19.6%US$17.70US$8.60US$6.4211
Nov ’24US$7.98
US$16.41
+105.6%
14.5%US$20.00US$13.10US$6.7211
Oct ’24US$9.89
US$16.40
+65.8%
18.4%US$20.00US$9.70US$8.1712
Sep ’24US$11.26
US$16.54
+46.9%
17.7%US$20.00US$9.70US$5.0713
Aug ’24US$13.17
US$16.50
+25.3%
17.1%US$19.90US$9.70US$5.3013
Jul ’24US$12.21
US$16.26
+33.2%
17.4%US$19.50US$9.70US$7.0212
Jun ’24US$11.12
US$16.03
+44.2%
17.6%US$19.80US$9.70US$7.8413
May ’24US$13.75
US$15.10
+9.8%
27.2%US$19.80US$4.60US$6.5913
Apr ’24US$12.73
US$14.79
+16.2%
27.4%US$19.60US$4.60US$7.4413
Mar ’24US$13.74
US$14.04
+2.2%
32.1%US$19.80US$4.60US$7.1214
Feb ’24US$13.67
US$13.31
-2.6%
31.7%US$19.80US$4.60US$8.1414
Analyst Price Target
Consensus Narrative from 14 Analysts
US$8.50
Fair Value
30.5% undervalued intrinsic discount
14
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/02 02:17
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Melco Resorts & Entertainment Limited is covered by 45 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phoebe TseBarclays
D. S. KimBNP Paribas Securities (Asia)
Karl ChoiBofA Global Research