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Melco Resorts & Entertainment Limited (MLCO)

NEUTRAL
Consumer CyclicalResorts & CasinosHong Kong

Fondamental

46

Prix

$5.43

Capitalisation boursière

$2.08B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integrated resort that has gaming tables and gaming machines; suites and villas; food and beverage outlets; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons, and banquet and meeting facilities in Cotai, Macau. It also operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau; and Altira Macau, an integrated resort, which offers gaming tables and gaming machines, hotel rooms, dining and casual restaurants, and recreation and leisure facilities in Taipa, Macau. In addition, the company owns and operates Mocha Clubs, which are clubs with gaming machines in Macau; City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; City of Dreams Mediterranean, an integrated resort in Limassol, Cyprus; and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. Further, it is involved in the operation of the Sri Lanka Casino and management of Nüwa Sri Lanka located in City of Dreams Sri Lanka, as well as development projects in other countries. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was founded in 2003 and is based in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.

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Bilan & Liquidités

Chiffre d'affaires

$5.30B

12 derniers mois (au 31/03/2026)

Résultat net

$229M

12 derniers mois (au 31/03/2026)

Flux de trésorerie libre

-

Capitaux propres totaux

$-1.64B

Passif total

$7.31B

Ratio de liquidité général

1.01

Couverture des intérêts

-

Dette/EBITDA

5.87

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

General caseSous-évalué

Juste valeur

$8.04

Prix actuel

$5.43

Marge de sécurité

+32.4%

Fourchette de juste valeur

$5.22 - $10.85

Méthodes d'estimation

Analyst price target:$7.35
Discounted cash flow (DCF):$15.11
Earnings multiple (P/E):$5.49
Graham growth formula:$9.61
Earnings power value (EPV):$4.26
Justified P/B:Not enough data to compute it
Dividend discount (Gordon):-
P/FFO, funds from operations:Not enough data to compute it
Mid-cycle earnings:Not enough data to compute it
Revenue multiple:Not enough data to compute it
Consensus des analystes:Acheter (13B / 5H / 0S)
Dernière surprise sur les résultats:+81.23%

Indicateurs de valorisation

Ratio P/E

9.28

ROE

-217.7%

Ratio P/B

-

P/FCF

-

Marge brute

38.2%

ROIC

7.4%

Radar de rentabilité

Value Creation (Economic Moat)

ROIC

7.4%

WACC

1.8%

ROIC − WACC

+5.6 pp

ROIC exceeds the cost of capital — the company is creating value for shareholders.

Critères d'analyse fondamentale

Réussi (8)

  • ROIC 7.4%
  • Gross Margin 38.2%
  • Current Ratio
  • Debt/EBITDA
  • Revenue Growth 5Y 24.5%
  • Analyst Consensus 72% Buy
  • Earnings Surprise avg 26.6%
  • Net Margin Trend 3.6% vs 0.9%

Échoué (4)

  • Price CAGR -10.09%
  • DCF valuation (Unknown)
  • ROE -217.7%
  • Piotroski F-Score 0/9

Indisponible (15)

  • EPS data insufficient
  • P/FCF NaN
  • P/B Ratio NaN
  • Dividend Payout NaN%
  • Debt/Equity ratio
  • Operating Margin NaN%
  • Positive Free Cash Flow
  • CapEx intensity
  • Interest Coverage
  • Return on Tangible Assets
  • Low reliance on intangibles
  • Price below Graham Number
  • PEG Ratio (need PE > 0 and growth > 0)
  • Earnings Quality (OCF/Net Income)
  • Share Dilution (missing shares data)

Score F de Piotroski

0/9

Préoccupations financières sérieuses

score
criteria

Qualité des bénéfices

-

Qualité faible : examiner la comptabilité

Dilution du capital

-

Rachat d'actions. Favorable aux actionnaires

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. Yau Lung HoFounder, Chairman & CEO48
Mr. Evan Andrew WinklerPresident & Director50
Mr. Geoffrey Stuart Davis C.F.A.Executive VP & CFO56
Mr. Graham Paul WinterExecutive VP, Company Secretary & Chief Legal Officer60
Ms. Chimmy LeungExecutive Director of Corporate Communications-
Ms. Akiko TakahashiExecutive VP and Chief of Staff to Chairman & CEO72
Mr. David Ross SiskCOO of Macau Resorts63
Ms. Jeanny KimSenior VP & Group Treasurer-

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Latest News

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