Melco Resorts & Entertainment Limited Logo

Melco Resorts & Entertainment Limited

MLCO

(2.0)
Stock Price

5,85 USD

-5.69% ROA

26% ROE

-8.45x PER

Market Cap.

3.953.586.749,00 USD

-719.03% DER

0% Yield

-7.87% NPM

Melco Resorts & Entertainment Limited Stock Analysis

Melco Resorts & Entertainment Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Melco Resorts & Entertainment Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (75.62%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

The stock's low PBV ratio (-2.87x) suggests it's undervalued, making it an attractive opportunity for investors.

3 DER

The stock has a minimal amount of debt (-740%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Graham Number

The Graham number calculation reveals that this company's stock price is potentially underestimated, implying that it may be a promising investment option.

5 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (11), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

6 ROA

The stock's ROA (-9.04%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

7 Revenue Growth

Company's revenue has remained stagnant over the past three years, indicating a lack of growth and making it a less favorable option.

8 Net Profit Growth

This company's net profit has remained flat over the past five years, suggesting a lack of growth and making it a less attractive investment opportunity.

9 Assets Growth

Regrettably, this company's revenue has shown no signs of growth over the past three years, suggesting limited potential for returns and making it a less appealing choice.

10 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

11 Dividend

The company has not distributed any dividends in the past three years, which may raise concerns for investors looking for regular income from their investments.

Melco Resorts & Entertainment Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Melco Resorts & Entertainment Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Melco Resorts & Entertainment Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Melco Resorts & Entertainment Limited Revenue
Year Revenue Growth
2003 611.000
2004 6.071.000 89.94%
2005 17.328.000 64.96%
2006 36.101.000 52%
2007 358.613.000 89.93%
2008 1.416.134.000 74.68%
2009 1.332.873.000 -6.25%
2010 2.641.976.000 49.55%
2011 3.830.847.000 31.03%
2012 4.095.647.000 6.47%
2013 5.087.178.000 19.49%
2014 4.802.309.000 -5.93%
2015 3.974.800.000 -20.82%
2016 4.519.396.000 12.05%
2017 5.284.823.000 14.48%
2018 5.158.509.000 -2.45%
2019 5.736.801.000 10.08%
2020 1.727.923.000 -232.01%
2021 2.012.356.000 14.13%
2022 1.349.977.000 -49.07%
2023 4.068.860.000 66.82%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Melco Resorts & Entertainment Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1.110.000 100%
2012 11.099.000 90%
2013 26.297.000 57.79%
2014 10.734.000 -144.99%
2015 110.000 -9658.18%
2016 95.000 -15.79%
2017 31.115.000 99.69%
2018 23.029.000 -35.11%
2019 57.433.000 59.9%
2020 25.616.000 -124.21%
2021 30.677.000 16.5%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Melco Resorts & Entertainment Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 0
2004 0 0%
2005 0 0%
2006 30.781.000 100%
2007 148.459.000 79.27%
2008 125.855.000 -17.96%
2009 222.868.000 43.53%
2010 218.569.000 -1.97%
2011 223.939.000 2.4%
2012 239.533.000 6.51%
2013 255.780.000 6.35%
2014 311.696.000 17.94%
2015 383.874.000 18.8%
2016 446.591.000 14.04%
2017 467.121.000 4.4%
2018 500.624.000 6.69%
2019 642.570.000 22.09%
2020 485.932.000 -32.23%
2021 487.510.000 0.32%
2022 423.225.000 -15.19%
2023 521.788.000 18.89%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Melco Resorts & Entertainment Limited EBITDA
Year EBITDA Growth
2003 150.000
2004 856.000 82.48%
2005 5.205.000 83.55%
2006 -1.143.000 555.38%
2007 -80.227.000 98.58%
2008 127.087.000 163.13%
2009 -49.331.000 357.62%
2010 405.577.000 112.16%
2011 742.866.000 45.4%
2012 895.799.000 17.07%
2013 1.177.611.000 23.93%
2014 1.006.989.000 -16.94%
2015 531.824.000 -89.35%
2016 861.014.000 38.23%
2017 1.121.994.000 23.26%
2018 1.195.435.000 6.14%
2019 1.380.963.000 13.43%
2020 -476.127.000 390.04%
2021 1.063.000 44890.87%
2022 -197.174.000 100.54%
2023 963.100.000 120.47%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Melco Resorts & Entertainment Limited Gross Profit
Year Gross Profit Growth
2003 611.000
2004 5.821.000 89.5%
2005 16.732.000 65.21%
2006 7.435.000 -125.04%
2007 66.574.000 88.83%
2008 253.914.000 73.78%
2009 175.357.000 -44.8%
2010 624.146.000 71.9%
2011 1.021.021.000 38.87%
2012 1.155.841.000 11.66%
2013 1.528.605.000 24.39%
2014 1.457.650.000 -4.87%
2015 1.175.820.000 -23.97%
2016 1.405.658.000 16.35%
2017 1.731.974.000 18.84%
2018 1.841.859.000 5.97%
2019 2.098.886.000 12.25%
2020 189.521.000 -1007.47%
2021 520.583.000 63.59%
2022 286.520.000 -81.69%
2023 1.538.152.000 81.37%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Melco Resorts & Entertainment Limited Net Profit
Year Net Profit Growth
2003 137.000
2004 -1.007.000 113.6%
2005 -3.259.000 69.1%
2006 -73.479.000 95.56%
2007 -178.151.000 58.75%
2008 -2.463.000 -7133.09%
2009 -308.461.000 99.2%
2010 -10.525.000 -2830.75%
2011 294.656.000 103.57%
2012 481.857.000 38.85%
2013 637.463.000 24.41%
2014 608.280.000 -4.8%
2015 105.747.000 -475.22%
2016 175.906.000 39.88%
2017 347.002.000 49.31%
2018 351.515.000 1.28%
2019 373.173.000 5.8%
2020 -1.454.614.000 125.65%
2021 -956.464.000 -52.08%
2022 -1.097.167.000 12.82%
2023 -65.212.000 -1582.46%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Melco Resorts & Entertainment Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 -1 0%
2010 0 0%
2011 1 0%
2012 1 0%
2013 1 100%
2014 1 0%
2015 0 0%
2016 0 0%
2017 1 0%
2018 1 0%
2019 1 0%
2020 -3 100%
2021 -2 -50%
2022 -2 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Melco Resorts & Entertainment Limited Free Cashflow
Year Free Cashflow Growth
2004 -2.088.000
2005 -73.674.000 97.17%
2006 -55.351.000 -33.1%
2007 -522.499.000 89.41%
2008 -1.107.240.000 52.81%
2009 -1.082.602.000 -2.28%
2010 169.544.000 738.54%
2011 635.159.000 73.31%
2012 753.428.000 15.7%
2013 495.274.000 -52.12%
2014 -470.267.000 205.32%
2015 -829.864.000 43.33%
2016 649.887.000 227.69%
2017 659.745.000 1.49%
2018 441.590.000 -49.4%
2019 386.246.000 -14.33%
2020 -1.324.830.000 129.15%
2021 -948.168.000 -39.73%
2022 -255.972.000 -270.42%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Melco Resorts & Entertainment Limited Operating Cashflow
Year Operating Cashflow Growth
2004 2.217.000
2005 4.284.000 48.25%
2006 -20.237.000 121.17%
2007 151.138.000 113.39%
2008 -11.158.000 1454.53%
2009 -112.257.000 90.06%
2010 401.955.000 127.93%
2011 744.660.000 46.02%
2012 871.195.000 14.52%
2013 1.151.934.000 24.37%
2014 894.614.000 -28.76%
2015 522.026.000 -71.37%
2016 1.158.128.000 54.93%
2017 1.162.500.000 0.38%
2018 1.056.698.000 -10.01%
2019 836.162.000 -26.37%
2020 -860.963.000 197.12%
2021 -268.774.000 -220.33%
2022 -301.902.000 10.97%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Melco Resorts & Entertainment Limited Capital Expenditure
Year Capital Expenditure Growth
2004 4.305.000
2005 77.958.000 94.48%
2006 35.114.000 -122.01%
2007 673.637.000 94.79%
2008 1.096.082.000 38.54%
2009 970.345.000 -12.96%
2010 232.411.000 -317.51%
2011 109.501.000 -112.25%
2012 117.767.000 7.02%
2013 656.660.000 82.07%
2014 1.364.881.000 51.89%
2015 1.351.890.000 -0.96%
2016 508.241.000 -165.99%
2017 502.755.000 -1.09%
2018 615.108.000 18.27%
2019 449.916.000 -36.72%
2020 463.867.000 3.01%
2021 679.394.000 31.72%
2022 -45.930.000 1579.19%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Melco Resorts & Entertainment Limited Equity
Year Equity Growth
2003 137.000
2004 82.232.000 99.83%
2005 238.692.000 65.55%
2006 1.890.366.000 87.37%
2007 2.428.541.000 22.16%
2008 2.408.604.000 -0.83%
2009 2.509.044.000 4%
2010 2.523.191.000 0.56%
2011 2.956.155.000 14.65%
2012 2.500.075.000 -18.24%
2013 4.246.670.000 41.13%
2014 4.286.141.000 0.92%
2015 4.339.633.000 1.23%
2016 3.343.870.000 -29.78%
2017 2.887.551.000 -15.8%
2018 2.745.703.000 -5.17%
2019 3.143.228.000 12.65%
2020 1.838.071.000 -71.01%
2021 819.885.000 -124.19%
2022 -314.362.000 360.81%
2023 -658.540.000 52.26%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Melco Resorts & Entertainment Limited Assets
Year Assets Growth
2003 2.113.000
2004 106.112.000 98.01%
2005 421.208.000 74.81%
2006 2.279.920.000 81.53%
2007 3.620.268.000 37.02%
2008 4.498.289.000 19.52%
2009 4.900.369.000 8.21%
2010 4.884.440.000 -0.33%
2011 6.269.980.000 22.1%
2012 5.621.441.000 -11.54%
2013 8.813.639.000 36.22%
2014 10.432.563.000 15.52%
2015 10.409.782.000 -0.22%
2016 9.340.341.000 -11.45%
2017 8.895.056.000 -5.01%
2018 8.877.383.000 -0.2%
2019 9.488.422.000 6.44%
2020 9.020.967.000 -5.18%
2021 8.883.690.000 -1.55%
2022 9.301.784.000 4.49%
2023 8.713.850.000 -6.75%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Melco Resorts & Entertainment Limited Liabilities
Year Liabilities Growth
2003 1.976.000
2004 23.845.000 91.71%
2005 163.024.000 85.37%
2006 389.554.000 58.15%
2007 1.191.727.000 67.31%
2008 2.089.685.000 42.97%
2009 2.391.325.000 12.61%
2010 2.361.249.000 -1.27%
2011 3.082.328.000 23.39%
2012 3.121.366.000 1.25%
2013 3.888.657.000 19.73%
2014 5.390.893.000 27.87%
2015 5.477.923.000 1.59%
2016 5.516.927.000 0.71%
2017 5.559.440.000 0.76%
2018 6.131.680.000 9.33%
2019 6.345.194.000 3.36%
2020 7.182.896.000 11.66%
2021 8.063.805.000 10.92%
2022 9.616.146.000 16.14%
2023 9.372.390.000 -2.6%

Melco Resorts & Entertainment Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
6.91
Net Income per Share
-0.99
Price to Earning Ratio
-8.45x
Price To Sales Ratio
1.31x
POCF Ratio
-12.15
PFCF Ratio
-15.45
Price to Book Ratio
-3.27
EV to Sales
3.51
EV Over EBITDA
20.92
EV to Operating CashFlow
-35.11
EV to FreeCashFlow
-41.41
Earnings Yield
-0.12
FreeCashFlow Yield
-0.06
Market Cap
3,95 Bil.
Enterprise Value
10,60 Bil.
Graham Number
7.58
Graham NetNet
-18

Income Statement Metrics

Net Income per Share
-0.99
Income Quality
1.32
ROE
0.42
Return On Assets
-0.04
Return On Capital Employed
0.04
Net Income per EBT
0.74
EBT Per Ebit
-1.38
Ebit per Revenue
0.08
Effective Tax Rate
0.09

Margins

Sales, General, & Administrative to Revenue
0.16
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
0.34
Operating Profit Margin
0.08
Pretax Profit Margin
-0.11
Net Profit Margin
-0.08

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0.69
Free CashFlow per Share
-0.59
Capex to Operating CashFlow
-0.15
Capex to Revenue
0.02
Capex to Depreciation
0.17
Return on Invested Capital
-0
Return on Tangible Assets
-0.06
Days Sales Outstanding
11.69
Days Payables Outstanding
2.34
Days of Inventory on Hand
5.28
Receivables Turnover
31.21
Payables Turnover
155.9
Inventory Turnover
69.1
Capex per Share
0.11

Balance Sheet

Cash per Share
3,24
Book Value per Share
-2,57
Tangible Book Value per Share
-3.96
Shareholders Equity per Share
-2.57
Interest Debt per Share
19.52
Debt to Equity
-7.19
Debt to Assets
0.93
Net Debt to EBITDA
13.12
Current Ratio
1.65
Tangible Asset Value
-1,73 Bil.
Net Current Asset Value
-7,70 Bil.
Invested Capital
-7.19
Working Capital
0,66 Bil.
Intangibles to Total Assets
0.12
Average Receivables
0,09 Bil.
Average Payables
0,01 Bil.
Average Inventory
27384500
Debt to Market Cap
2.04

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Melco Resorts & Entertainment Limited Dividends
Year Dividends Growth
2014 1
2015 0 0%
2016 1 0%
2017 2 100%
2018 1 0%
2019 1 0%
2020 0 0%

Melco Resorts & Entertainment Limited Profile

About Melco Resorts & Entertainment Limited

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.

CEO
Mr. Yau Lung Ho
Employee
16.908
Address
The Centrium
Central,

Melco Resorts & Entertainment Limited Executives & BODs

Melco Resorts & Entertainment Limited Executives & BODs
# Name Age
1 Mr. David Ross Sisk
Chief Operating Officer of Macau Resorts
70
2 Ms. Akiko Takahashi
Executive Vice President and Chief of Staff to Chairman & Chief Executive Officer
70
3 Mr. Yau Lung Ho
Founder, Chairman & Chief Executive Officer
70
4 Mr. Evan Andrew Winkler
President & Director
70
5 Ms. Stephanie Cheung
Executive Vice President, Chief Legal Officer & Secretary
70
6 Mr. Geoffrey Stuart Davis C.F.A.
Executive Vice President & Chief Financial Officer
70
7 Ms. Amy L. Kuzdowicz
Senior Vice President & Chief Accounting Officer
70
8 Chimmy Leung
Executive Director of Corporate Communications
70
9 Ms. Jeanny Kim
Senior Vice President & Group Treasurer
70

Melco Resorts & Entertainment Limited Competitors