Monarch Casino & Resort, Inc. (MCRI) vs Melco Resorts & Entertainment Limited (MLCO)

Monarch Casino & Resort, Inc. and Melco Resorts & Entertainment Limited are both Resorts & Casinos companies. Monarch Casino & Resort, Inc. is the larger, with a market value of $2.1B against $1.8B — 1.2× the size. Melco Resorts & Entertainment Limited trades at the lower P/E: 7.9× against 18.5×. Melco Resorts & Entertainment Limited grew revenue faster over the last twelve months: 5.99% against 5.10%. Monarch Casino & Resort, Inc. has the higher net margin (20.4% vs 4.50%) and the higher return on invested capital (20.1% vs 8.05%). Across the 21 metrics below, Monarch Casino & Resort, Inc. leads on 11 and Melco Resorts & Entertainment Limited on 10.

Valuation

Metric MCRI MLCO Resorts & Casinos median
P/E 18.48 7.88 18.52
P/S 3.74 0.35 0.54
P/B 3.65 n/m 2.13
Price to free cash flow 13.62 1.90 13.62
EV/EBITDA 10.45 12.72 9.18
EV/Sales 3.52 1.55 1.80
Earnings yield 5.41% 12.68% 1.69%
Free cash flow yield 7.34% 52.63% 6.51%

Profitability

Metric MCRI MLCO Resorts & Casinos median
Gross margin 55.49% 36.85% 50.85%
Operating margin 25.06% 12.21% 10.41%
Net margin 20.40% 4.50% 1.28%
Free cash flow margin 27.49% 0.00% 4.23%
Return on equity 20.54% (19.59%) 5.28%
Return on assets 15.85% 3.09% 0.57%
Return on invested capital 20.07% 8.05% 5.61%

Growth

Metric MCRI MLCO Resorts & Casinos median
Revenue growth (TTM) 5.10% 5.99% 2.76%
EPS growth (last fiscal year) 41.56% 360.00% —
Revenue growth, 5-year CAGR 24.21% 24.47% 24.21%
Net income growth, 5-year CAGR 33.76% 0.00% 0.00%

Health

Metric MCRI MLCO Resorts & Casinos median
Debt to equity 0.00 (5.43) 1.94
Current ratio 1.21 1.01 0.91
Net debt to EBITDA (0.53) 5.04 3.08

Dividend

Metric MCRI MLCO Resorts & Casinos median
Dividend yield 8.33% — 1.27%
Payout ratio 1.15 0.00 0.00

Size

Metric MCRI MLCO Resorts & Casinos median
Market cap 2.12b 1.80b 2.43b

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