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MLCO
Melco Resorts & Entertainment Limited
$5.68
-0.09
(-1.56%)
[ms_data_label text=’Delayed data’]
| Exchange: | NASDAQ |
| Market Cap: | 2.311B |
| Shares Outstanding: | 503.663M |
About The Company
| Sector: | Consumer Cyclical | |||||
| Industry: | Gambling, Resorts & Casinos | |||||
| CEO: | Yau Lung | |||||
| Full Time Employees: | 21784 | |||||
| Address: |
| |||||
| Website: | https://www.melco-resorts.com |
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 approximately 511 gaming tables and 572 gaming machines; approximately 770 rooms, and suites and villas; approximately 25 restaurants and bars, and 165 retail outlets; and health and fitness clubs, three swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 101 gaming tables and 121 gaming machines; 230 hotel rooms; various dining and casual restaurants, and recreation and leisure facilities; and various non-gaming amenities comprising a spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets that comprises 290 gaming tables and 645 gaming machines in Cotai, Macau. Further, the company owns and operates seven Mocha Clubs with 813 gaming machines, as well as Grand Dragon casino in Taipa Island, Macau. Additionally, it operates and manages City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; a casino in Limassol and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. 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 incorporated in 2004 and is headquartered in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 3,775,247 | 4,638,213 | 5,163,299 |
| Gross Profit | 1,184,129 | 1,663,090 | 1,896,708 |
| EBITDA | 815,963 | 1,021,910 | 1,141,964 |
| Operating Income | 64,959 | 484,627 | 600,426 |
| Net Income | -326,920 | 43,543 | 185,045 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 8,335,072 | 7,985,343 | 7,597,688 |
| Total Liabilities | 9,175,122 | 8,925,307 | 8,501,317 |
| Total Stockholders Equity | -1,287,280 | -1,326,460 | -1,246,602 |
| Total Debt | 7,768,944 | 7,456,440 | 7,024,941 |
| Cash and Cash Equivalents | 1,310,715 | 1,147,193 | 1,023,199 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 622,690 | 626,656 | 0 |
| Capital Expenditure | -263,887.999 | -301,181 | 0 |
| Free Cash Flow | 358,802.001 | 325,475 | 0 |
| Net Income | -326,920 | 43,543 | 185,045 |
| Net Change in Cash | -552,621 | -162,764 | -1,273,072 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2029 | Full Access | Full Access | Full Access | Full Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 5,570,461.233 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (High) | 5,999,950.074 | Full Access | Full Access | Full Access | Full Access |
| Estimated Revenue (Avg) | 5,831,000 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Low) | 540,267.073 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (High) | 581,922.273 | Full Access | Full Access | Full Access | Full Access |
| Estimated Ebitda (Avg) | 565,536.168 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Low) | 241,506.817 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (High) | 266,061.332 | Full Access | Full Access | Full Access | Full Access |
| Estimated Net Income (Avg) | 256,402.181 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Low) | 1,028,408.881 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (High) | 1,107,700.366 | Full Access | Full Access | Full Access | Full Access |
| Estimated SGA Expense (Avg) | 1,076,509.096 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Avg) | 0.640 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (High) | 0.660 | Full Access | Full Access | Full Access | Full Access |
| Estimated EPS (Low) | 0.600 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated Revenue) | 3 | Full Access | Full Access | Full Access | Full Access |
| Number of Analysts (Estimated EPS) | 2 | Full Access | Full Access | Full Access | Full Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Strong Revenue Performance: MLCO has demonstrated robust revenue figures in recent income statements, reflecting a solid operational base within the gaming and hospitality sector. This performance aligns with industry trends in entertainment and leisure, indicating effective market positioning.
- Positive Free Cash Flow: The company’s cash flow statements show consistent free cash flow generation, as evidenced by strong operating cash flow metrics. This financial health supports ongoing operations and potential reinvestment in growth initiatives.
- Market Presence in Key Regions: Revenue geographic segments highlight significant contributions from high-growth regions, providing MLCO with a diversified revenue base and reducing dependency on a single market.
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Intrinsic Value Calculator
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Common questions about MLCO valuation
Is Melco Resorts & Entertainment Limited (MLCO) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Melco Resorts & Entertainment Limited (MLCO) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is MLCO a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether MLCO trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is MLCO’s P/E ratio?
You can see MLCO’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for MLCO?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is MLCO a good long-term investment?
Whether MLCO fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
MLCO
1-day price chart preview. Log in for 1W through 5Y ranges and period tabs.
[ms_data_label text="Daily snapshot"]
-1.56
Trading Metrics:
| Open: | [ms_cell_or_dash table='trading_quote' column='open'] | Previous Close: | [ms_cell_or_dash table='trading_quote' column='previousClose'] | |
| Day Low: | [ms_cell_or_dash table='trading_quote' column='dayLow'] | Day High: | [ms_cell_or_dash table='trading_quote' column='dayHigh'] | |
| Year Low: | 4.55 | Year High: | 10.15 | |
| Price Avg 50: | 5.85 | Price Avg 200: | 7.82 | |
| Volume: | 987146 | Average Volume: | 2.033M |
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Login — it's freeMLCO full analysis
Welcome to MARKETSNAP’s SWOT analysis for Melco Resorts & Entertainment, a major player in the gaming and hospitality space. If you’re not familiar with Melco, let me give you the quick rundown. Based out of Hong Kong, this company operates integrated resorts and casinos primarily in Macau and the Philippines, with a focus on premium entertainment and gaming experiences. Think luxury resorts like City of Dreams and Studio City. They’re a big name in the leisure and tourism sector, and…
