Melco Resorts Entertainment Stock Revenue
| MLCO Stock | USD 5.88 0.04 0.68% |
Melco Resorts Entertainment fundamentals help investors to digest information that contributes to Melco Resorts' financial success or failures. It also enables traders to predict the movement of Melco Stock. The fundamental analysis module provides a way to measure Melco Resorts' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Melco Resorts stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 3.8 B | 3 B |
Melco | Revenue |
Melco Resorts Entertainment Company Revenue Analysis
Melco Resorts' Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Melco Resorts Revenue | 3.78 B |
Most of Melco Resorts' fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Melco Resorts Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Melco
Projected quarterly revenue analysis of Melco Resorts Entert provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Melco Resorts match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Melco Resorts' stock price.
Melco Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Melco Resorts is extremely important. It helps to project a fair market value of Melco Stock properly, considering its historical fundamentals such as Revenue. Since Melco Resorts' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Melco Resorts' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Melco Resorts' interrelated accounts and indicators.
| 0.19 | 0.16 | -0.28 | 0.31 | -0.37 | ||
| 0.19 | 0.99 | -0.76 | 0.98 | 0.53 | ||
| 0.16 | 0.99 | -0.8 | 0.96 | 0.48 | ||
| -0.28 | -0.76 | -0.8 | -0.74 | -0.27 | ||
| 0.31 | 0.98 | 0.96 | -0.74 | 0.47 | ||
| -0.37 | 0.53 | 0.48 | -0.27 | 0.47 |
Click cells to compare fundamentals
Melco Revenue Historical Pattern
Today, most investors in Melco Resorts Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Melco Resorts' growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Melco Resorts revenue as a starting point in their analysis.
Melco Resorts Revenue |
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Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
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Melco Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Melco Resorts Entertainment reported 3.78 B of revenue. This is 47.05% lower than that of the Hotels, Restaurants & Leisure sector and 9.89% higher than that of the Consumer Discretionary industry. The revenue for all United States stocks is 59.99% higher than that of the company.
Melco Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Melco Resorts' direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Melco Resorts could also be used in its relative valuation, which is a method of valuing Melco Resorts by comparing valuation metrics of similar companies.Melco Resorts is currently under evaluation in revenue category among its peers.
Melco Resorts Current Valuation Drivers
We derive many important indicators used in calculating different scores of Melco Resorts from analyzing Melco Resorts' financial statements. These drivers represent accounts that assess Melco Resorts' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Melco Resorts' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 11.6B | 8.9B | 4.9B | 3.9B | 3.5B | 5.4B | |
| Enterprise Value | 15.0B | 13.2B | 10.2B | 10.3B | 9.3B | 6.9B |
Melco Resorts ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Melco Resorts' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Melco Resorts' managers, analysts, and investors.Environmental | Governance | Social |
Melco Resorts Institutional Holders
Institutional Holdings refers to the ownership stake in Melco Resorts that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Melco Resorts' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Melco Resorts' value.| Shares | Owl Creek Asset Management Lp | 2024-09-30 | 4 M | Brightlight Capital Management Llc | 2024-09-30 | 3 M | Millennium Management Llc | 2024-09-30 | 2.2 M | Invenomic Capital Management, Lp | 2024-09-30 | 1.9 M | State Street Corp | 2024-09-30 | 1.9 M | New York State Common Retirement Fund | 2024-09-30 | 1.7 M | Healthcare Of Ontario Pension Plan Trust Fund | 2024-09-30 | 1.7 M | Balyasny Asset Management Llc | 2024-09-30 | 1.6 M | Solel Partners Lp | 2024-09-30 | 1.3 M | Arga Investment Management, Lp | 2024-09-30 | 29.2 M | Capital Research Global Investors | 2024-09-30 | 22 M |
Melco Fundamentals
| Return On Equity | -21.57 | ||||
| Return On Asset | 0.0375 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.12 % | ||||
| Current Valuation | 8.82 B | ||||
| Shares Outstanding | 419.71 M | ||||
| Shares Owned By Institutions | 39.20 % | ||||
| Number Of Shares Shorted | 9.12 M | ||||
| Price To Earning | 23.05 X | ||||
| Price To Book | 105.52 X | ||||
| Price To Sales | 0.54 X | ||||
| Revenue | 3.78 B | ||||
| Gross Profit | 246.54 M | ||||
| EBITDA | 615.58 M | ||||
| Net Income | (326.92 M) | ||||
| Cash And Equivalents | 1.52 B | ||||
| Cash Per Share | 3.42 X | ||||
| Total Debt | 7.77 B | ||||
| Current Ratio | 2.34 X | ||||
| Book Value Per Share | (3.09) X | ||||
| Cash Flow From Operations | 622.69 M | ||||
| Short Ratio | 2.77 X | ||||
| Earnings Per Share | (0.32) X | ||||
| Price To Earnings To Growth | 7.52 X | ||||
| Target Price | 9.3 | ||||
| Number Of Employees | 20.21 K | ||||
| Beta | 1.07 | ||||
| Market Capitalization | 2.47 B | ||||
| Total Asset | 8.34 B | ||||
| Retained Earnings | (4.06 B) | ||||
| Working Capital | 440.67 M | ||||
| Current Asset | 1.02 B | ||||
| Current Liabilities | 657.17 M | ||||
| Five Year Return | 1.90 % | ||||
| Net Asset | 8.34 B |
About Melco Resorts Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Melco Resorts Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Melco Resorts using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Melco Resorts Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Pair Trading with Melco Resorts
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melco Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melco Resorts will appreciate offsetting losses from the drop in the long position's value.Moving against Melco Stock
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| 0.79 | CUK | Carnival Plc ADS | PairCorr |
| 0.79 | FAT | FAT Brands | PairCorr |
The ability to find closely correlated positions to Melco Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melco Resorts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melco Resorts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melco Resorts Entertainment to buy it.
The correlation of Melco Resorts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melco Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melco Resorts Entert moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Melco Resorts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Melco Resorts Piotroski F Score and Melco Resorts Altman Z Score analysis. You can also try the Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Melco Resorts. If investors know Melco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Melco Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.797 | Earnings Share (0.32) | Revenue Per Share 10.403 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0375 |
The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Melco Resorts' market value can be influenced by many factors that don't directly affect Melco Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.