MSC

Studio City International HoldingsNYSE:MSC Stock Report

Market Cap

US$1.1b

7D

0%

1Y

-34.9%

Updated

16 Sep, 2021

Data

Company Financials +
MSC fundamental analysis
Snowflake Score
Valuation1/6
Future Growth2/6
Past Performance0/6
Financial Health4/6
Dividends0/6

MSC Overview

Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau.

Share Price & News

How has Studio City International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: MSC is more volatile than 90% of US stocks over the past 3 months, typically moving +/- 17% a week.

Volatility Over Time: MSC's weekly volatility (17%) has been stable over the past year, but is still higher than 75% of US stocks.


Market Performance


7 Day Return

0%

MSC

-1.6%

US Hospitality

-0.6%

US Market


1 Year Return

-34.9%

MSC

29.0%

US Hospitality

33.6%

US Market

Return vs Industry: MSC underperformed the US Hospitality industry which returned 29.5% over the past year.

Return vs Market: MSC underperformed the US Market which returned 33.7% over the past year.


Shareholder returns

MSCIndustryMarket
7 Day0%-1.6%-0.6%
30 Day-0.9%8.4%1.3%
90 Day-12.9%-0.06%5.3%
1 Year-34.9%-34.9%29.5%29.0%35.6%33.6%
3 Yearn/a5.3%1.7%60.9%51.0%
5 Yearn/a44.0%34.5%123.4%99.1%

Long-Term Price Volatility Vs. Market

How volatile is Studio City International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Studio City International Holdings Fundamentals Summary

How do Studio City International Holdings's earnings and revenue compare to its market cap?
MSC fundamental statistics
Market CapUS$1.07b
Earnings (TTM)-US$295.18m
Revenue (TTM)US$84.41m

12.7x

P/S Ratio

-3.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MSC income statement (TTM)
RevenueUS$84.41m
Cost of RevenueUS$71.43m
Gross ProfitUS$12.98m
ExpensesUS$308.16m
Earnings-US$295.18m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-3.29
Gross Margin15.38%
Net Profit Margin-349.70%
Debt/Equity Ratio189.7%

How did MSC perform over the long term?

See historical performance and comparison

Valuation

Is Studio City International Holdings undervalued compared to its fair value and its price relative to the market?

1.16x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate MSC's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate MSC's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: MSC is unprofitable, so we can't compare its PE Ratio to the US Hospitality industry average.

PE vs Market: MSC 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 MSC's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: MSC is good value based on its PB Ratio (1.2x) compared to the US Hospitality industry average (3.4x).


Future Growth

How is Studio City International Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

54.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if MSC's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if MSC's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: MSC's revenue (54.6% per year) is forecast to grow faster than the US market (9.7% per year).

High Growth Revenue: MSC's revenue (54.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MSC is forecast to be unprofitable in 3 years.


Past Performance

How has Studio City International Holdings performed over the past 5 years?

-36.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: MSC is currently unprofitable.

Growing Profit Margin: MSC is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MSC is unprofitable, and losses have increased over the past 5 years at a rate of 36.7% per year.

Accelerating Growth: Unable to compare MSC's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MSC is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (96.4%).


Return on Equity

High ROE: MSC has a negative Return on Equity (-32.42%), as it is currently unprofitable.


Financial Health

How is Studio City International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: MSC's short term assets ($888.1M) exceed its short term liabilities ($174.1M).

Long Term Liabilities: MSC's short term assets ($888.1M) do not cover its long term liabilities ($2.1B).


Debt to Equity History and Analysis

Debt Level: MSC's debt to equity ratio (189.7%) is considered high.

Reducing Debt: MSC's debt to equity ratio has reduced from 215.9% to 189.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MSC has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MSC has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 50.6% each year


Dividend

What is Studio City International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate MSC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MSC'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 MSC's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSC's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of MSC's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Studio City International Holdings has no CEO, or we have no data on them.


Board Members

Experienced Board: MSC's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Studio City International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Studio City International Holdings Limited
  • Ticker: MSC
  • Exchange: NYSE
  • Founded: 2000
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: US$1.071b
  • Shares outstanding: 110.72m
  • Website: https://www.studiocity-macau.com

Number of Employees


Location

  • Studio City International Holdings Limited
  • The Centrium
  • 36th Floor
  • Central
  • Hong Kong

Listings


Biography

Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company operates Studio City Casino with 250 mass market gaming tables; approximately 947...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 22:54
End of Day Share Price2021/09/16 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.