Melco Resorts & Entertainment Limited (MLCO) vs STUDIO CITY IH (MSC)

Melco Resorts & Entertainment Limited and STUDIO CITY IH are both Resorts & Casinos companies. Melco Resorts & Entertainment Limited is the larger, with a market value of $1.6B against $191.7M — 8.6× the size. STUDIO CITY IH has negative trailing earnings, so its P/E is not meaningful; Melco Resorts & Entertainment Limited trades at 6.9×. Melco Resorts & Entertainment Limited grew revenue faster over the last twelve months: 5.99% against 0.71%. Melco Resorts & Entertainment Limited has the higher net margin (4.50% vs −7.57%) and the higher return on invested capital (8.05% vs 1.95%). Across the 18 metrics below, Melco Resorts & Entertainment Limited leads on 14 and STUDIO CITY IH on 4.

Valuation

Metric MLCO MSC Resorts & Casinos median
P/E 6.92 n/m 17.15
P/S 0.31 0.28 0.53
P/B n/m 0.36 2.09
Price to free cash flow 1.67 2.01 9.94
EV/EBITDA 12.37 27.40 8.87
EV/Sales 1.51 2.99 1.78
Earnings yield 14.46% (27.94%) 1.35%
Free cash flow yield 59.98% 49.67% 7.20%

Profitability

Metric MLCO MSC Resorts & Casinos median
Gross margin 36.85% 69.26% 50.85%
Operating margin 12.21% 10.92% 10.41%
Net margin 4.50% (7.57%) 1.28%
Free cash flow margin 0.00% 0.00% 4.23%
Return on equity (19.59%) (9.30%) 5.28%
Return on assets 3.09% (1.84%) 0.57%
Return on invested capital 8.05% 1.95% 5.61%

Growth

Metric MLCO MSC Resorts & Casinos median
Revenue growth (TTM) 5.99% 0.71% 2.76%
EPS growth (last fiscal year) 360.00% 38.00% 8.54%
Revenue growth, 5-year CAGR 24.47% 69.80% 24.21%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric MLCO MSC Resorts & Casinos median
Debt to equity (5.43) 3.73 1.94
Current ratio 1.01 0.76 0.91
Net debt to EBITDA 5.04 6.68 3.48

Dividend

Metric MLCO MSC Resorts & Casinos median
Dividend yield — — 1.94%
Payout ratio — — 0.37

Size

Metric MLCO MSC Resorts & Casinos median
Market cap 1.64b 191.68m 2.44b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack