Melco Resorts & Entertainment Limited

NasdaqGS:MLCO Stock Report

Market Cap: US$1.9b

Melco Resorts & Entertainment Valuation

Is MLCO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of MLCO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: MLCO ($5.05) is trading below our estimate of future cash flow value ($13.15)

Significantly Below Future Cash Flow Value: MLCO is trading below future cash flow value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MLCO?

Key metric: As MLCO is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for MLCO. This is calculated by dividing MLCO's market cap by their current earnings.
What is MLCO's PE Ratio?
PE Ratio8.2x
EarningsUS$234.81m
Market CapUS$1.91b

Price to Earnings Ratio vs Peers

How does MLCO's PE Ratio compare to its peers?

The above table shows the PE ratio for MLCO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average59.8x
MCRI Monarch Casino & Resort
19.1x4.38%US$2.1b
BRSL Brightstar Lottery
10.5x-7.33%US$2.0b
SRAD Sportradar Group
192.9x41.65%US$3.8b
ACEL Accel Entertainment
16.6x12.67%US$936.2m
MLCO Melco Resorts & Entertainment
8.2x15.44%US$1.9b

Price-To-Earnings vs Peers: MLCO is good value based on its Price-To-Earnings Ratio (8.2x) compared to the peer average (59.8x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does MLCO's PE Ratio compare vs other companies in the US Hospitality Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
BYD Boyd Gaming
3.1x-58.78%US$5.48b
DHCC Diamondhead Casino
0.5xn/aUS$217.79k
No more companies available in this PE range
MLCO 8.2xIndustry Avg. 21.5xNo. of Companies20PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MLCO is good value based on its Price-To-Earnings Ratio (8.2x) compared to the US Hospitality industry average (21.5x).

Price to Earnings Ratio vs Fair Ratio

What is MLCO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MLCO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.2x
Fair PE Ratio20.2x

Price-To-Earnings vs Fair Ratio: MLCO is good value based on its Price-To-Earnings Ratio (8.2x) compared to the estimated Fair Price-To-Earnings Ratio (20.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst MLCO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$5.05
US$7.13
+41.20%
16.59%US$9.40US$5.50n/a13
Sep ’27US$5.07
US$7.34
+44.74%
19.36%US$10.20US$5.50n/a13
Aug ’27US$5.73
US$7.57
+32.05%
19.44%US$10.20US$5.70n/a12
Jul ’27US$5.24
US$7.97
+52.04%
20.95%US$10.50US$6.00n/a12
Jun ’27US$5.84
US$8.13
+39.13%
18.08%US$10.50US$6.00n/a12
May ’27US$5.46
US$8.66
+58.64%
22.16%US$12.50US$6.00n/a13
Apr ’27US$5.77
US$9.11
+57.91%
22.96%US$12.30US$6.00n/a13
Mar ’27US$5.94
US$9.61
+61.80%
18.99%US$12.30US$6.40n/a14
Feb ’27US$6.06
US$10.28
+69.55%
17.88%US$12.50US$7.30n/a14
Jan ’27US$7.57
US$10.92
+44.23%
13.51%US$13.00US$8.50n/a14
Dec ’26US$9.39
US$10.99
+17.03%
13.24%US$13.00US$8.50n/a14
Nov ’26US$8.20
US$10.75
+31.10%
14.26%US$13.20US$7.80n/a14
Oct ’26US$9.32
US$11.22
+20.40%
13.50%US$13.20US$8.50n/a14
Sep ’26US$9.94
US$10.51
+5.74%
13.54%US$12.75US$8.50US$5.0714
Aug ’26US$8.81
US$9.99
+13.39%
16.23%US$12.75US$7.30US$5.7314
Jul ’26US$8.06
US$7.59
-5.80%
18.34%US$10.00US$4.60US$5.2414
Jun ’26US$6.28
US$7.30
+16.19%
17.26%US$10.00US$4.60US$5.8414
May ’26US$5.03
US$6.93
+37.67%
24.06%US$10.00US$4.60US$5.4614
Apr ’26US$5.26
US$7.87
+49.65%
17.29%US$10.00US$5.50US$5.7714
Mar ’26US$5.56
US$7.96
+43.24%
17.57%US$10.00US$5.50US$5.9414
Feb ’26US$5.91
US$8.50
+43.88%
16.89%US$10.80US$6.20US$6.0614
Jan ’26US$5.79
US$9.15
+58.03%
15.01%US$11.50US$7.00US$7.5714
Dec ’25US$6.42
US$9.43
+46.86%
14.21%US$11.50US$7.00US$9.3914
Nov ’25US$6.72
US$9.39
+39.77%
14.98%US$11.50US$6.00US$8.2014
Oct ’25US$8.17
US$9.02
+10.42%
19.44%US$11.50US$6.00US$9.3214
Sep ’25US$5.07
US$9.29
+83.29%
21.33%US$14.00US$6.00US$9.9414
US$7.13
Fair Value
29.2% undervalued intrinsic discount
13
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/11 21:54
End of Day Share Price 2026/09/11 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Melco Resorts & Entertainment Limited is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phoebe TseBarclays
Vitaly UmanskyBernstein
Karl ChoiBofA Global Research