Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. More Details
Exceptional growth potential and slightly overvalued.
Share Price & News
How has Melco Resorts & Entertainment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MLCO is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MLCO's weekly volatility (5%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: MLCO underperformed the US Hospitality industry which returned 50.6% over the past year.
Return vs Market: MLCO underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Melco Resorts & Entertainment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Potentially Undervalued?
2 months ago | Simply Wall StAn Intrinsic Calculation For Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Suggests It's 45% Undervalued
3 months ago | Simply Wall StMelco Resorts & Entertainment's(NASDAQ:MLCO) Share Price Is Down 37% Over The Past Three Years.
Is Melco Resorts & Entertainment undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MLCO ($13.56) is trading below our estimate of fair value ($28.01)
Significantly Below Fair Value: MLCO is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MLCO is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.
PE vs Market: MLCO is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MLCO's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MLCO is overvalued based on its PB Ratio (9.3x) compared to the US Hospitality industry average (3.5x).
How is Melco Resorts & Entertainment forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MLCO is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: MLCO is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: MLCO's is expected to become profitable in the next 3 years.
Revenue vs Market: MLCO's revenue (24.8% per year) is forecast to grow faster than the US market (9.2% per year).
High Growth Revenue: MLCO's revenue (24.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MLCO's Return on Equity is forecast to be very high in 3 years time (62.3%).
How has Melco Resorts & Entertainment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MLCO is currently unprofitable.
Growing Profit Margin: MLCO is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: MLCO is unprofitable, and losses have increased over the past 5 years at a rate of 56.1% per year.
Accelerating Growth: Unable to compare MLCO's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: MLCO is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (20.1%).
Return on Equity
High ROE: MLCO has a negative Return on Equity (-83.07%), as it is currently unprofitable.
How is Melco Resorts & Entertainment's financial position?
Financial Position Analysis
Short Term Liabilities: MLCO's short term assets ($2.0B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: MLCO's short term assets ($2.0B) do not cover its long term liabilities ($6.7B).
Debt to Equity History and Analysis
Debt Level: MLCO's debt to equity ratio (456.6%) is considered high.
Reducing Debt: MLCO's debt to equity ratio has increased from 101.3% to 456.6% over the past 5 years.
Debt Coverage: MLCO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MLCO's interest payments on its debt are well covered by EBIT.
What is Melco Resorts & Entertainment current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MLCO's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MLCO's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if MLCO's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MLCO's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: MLCO is not paying a notable dividend for the US market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of MLCO's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lawrence Ho (44 yo)
Mr. Yau Lung Ho, also known as Lawrence, has been Executive Director of Melco Resorts & Entertainment Limited (formerly known as, Melco Crown Entertainment Limited) since December 20, 2004 and served as th...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Lawrence's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Insufficient data to compare Lawrence's compensation with company performance.
Experienced Management: MLCO's management team is seasoned and experienced (10.3 years average tenure).
Experienced Board: MLCO's board of directors are seasoned and experienced ( 14.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Melco Resorts & Entertainment Limited's company bio, employee growth, exchange listings and data sources
- Name: Melco Resorts & Entertainment Limited
- Ticker: MLCO
- Exchange: NasdaqGS
- Founded: 2004
- Industry: Casinos and Gaming
- Sector: Consumer Services
- Market Cap: US$6.500b
- Shares outstanding: 479.32m
- Website: https://www.melco-resorts.com
Number of Employees
- Melco Resorts & Entertainment Limited
- The Centrium
- 36th Floor
- Hong Kong
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Asia and Europe. It owns and operates City of Dreams, an integrated casino resort that has approxim...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/03 00:41|
|End of Day Share Price||2021/08/02 00:00|
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.