Monarch Casino & Resort, Inc. (MCRI) vs Vail Resorts, Inc. (MTN)

Monarch Casino & Resort, Inc. and Vail Resorts, Inc. are both Resorts & Casinos companies. Vail Resorts, Inc. is the larger, with a market value of $4.9B against $2.1B — 2.3× the size. Monarch Casino & Resort, Inc. trades at the lower P/E: 18.5× against 30.9×. Monarch Casino & Resort, Inc. grew revenue faster over the last twelve months: 5.10% against −4.29%. Monarch Casino & Resort, Inc. has the higher net margin (20.4% vs 5.54%) and the higher return on invested capital (20.1% vs 7.57%). Both pay a dividend; Monarch Casino & Resort, Inc. yields more (8.33% vs 3.81%). Across the 23 metrics below, Monarch Casino & Resort, Inc. leads on 20 and Vail Resorts, Inc. on 3.

Valuation

Metric MCRI MTN Resorts & Casinos median
P/E 18.48 30.86 18.52
P/S 3.74 1.71 0.54
P/B 3.65 5.29 2.13
Price to free cash flow 13.62 25.84 13.62
EV/EBITDA 10.45 10.26 9.18
EV/Sales 3.52 2.64 1.80
Earnings yield 5.41% 3.24% 1.69%
Free cash flow yield 7.34% 3.87% 6.51%

Profitability

Metric MCRI MTN Resorts & Casinos median
Gross margin 55.49% 41.63% 50.85%
Operating margin 25.06% 15.20% 10.41%
Net margin 20.40% 5.54% 1.28%
Free cash flow margin 27.49% 6.63% 4.23%
Return on equity 20.54% 14.70% 5.28%
Return on assets 15.85% 2.74% 0.57%
Return on invested capital 20.07% 7.57% 5.61%

Growth

Metric MCRI MTN Resorts & Casinos median
Revenue growth (TTM) 5.10% (4.29%) 2.76%
EPS growth (last fiscal year) 41.56% 24.05% —
Revenue growth, 5-year CAGR 24.21% 8.59% 24.21%
Net income growth, 5-year CAGR 33.76% 23.16% 0.00%

Health

Metric MCRI MTN Resorts & Casinos median
Debt to equity 0.00 3.30 1.94
Current ratio 1.21 0.91 0.91
Net debt to EBITDA (0.53) 3.20 3.08

Dividend

Metric MCRI MTN Resorts & Casinos median
Dividend yield 8.33% 3.81% 1.27%
Payout ratio 1.15 1.18 0.00

Size

Metric MCRI MTN Resorts & Casinos median
Market cap 2.12b 4.91b 2.43b

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