Melco Resorts & Entertainment (MAS) AI Stock Analysis
Melco Resorts & Entertainment
(Frankfurt:MAS)
No summary available
Melco Resorts & Entertainment (MAS) vs. iShares MSCI Germany ETF (EWG)
- Market Cap
- EUR 1.50B
- Dividend Yield
- ―
- Average Volume (3M)
- ―
- Price to Earnings (P/E)
- 6.6
- Beta (1Y)
- 0.66
- Revenue Growth
- -1.15%
- EPS Growth
- 312.73%
- Country
- Germany
- Employees
- 22,961
- Sector
- Consumer Cyclical
- Sector Strength
- 61
- Industry
- Gambling, Resorts & Casinos
Melco Resorts & Entertainment Business Overview & Revenue Model
Company Description
Melco Resorts & Entertainment Limited is a company focused on the development, ownership, and operation of casino gaming and luxury resort complexes throughout Asia and Europe. In Macau, its portfolio includes several major properties: City of Dreams...
Melco Resorts & Entertainment Earnings Call Summary
The call balanced positive operational and financial strengths—notably strong liquidity ($2.8B available), meaningful regional EBITDA growth (Manila +9% YoY, Cyprus +60% YoY), property enhancements (REM soft open, new gaming areas) and disciplined capital actions ( ~$134M share buybacks and RCF upsize)—against pronounced near-term challenges, including a significant VIP win-rate decline (3.9% to 2.7%, ~$9M EBITDA headwind), lower visitation/hold pressure, World Cup-related substitution to sports betting, and construction disruption at City of Dreams. Management emphasized cost discipline and flexibility, a roadmap for ramping new assets, and intent to recommence dividends in 2027. Overall, the positives across liquidity, regional growth and strategic investments outweigh the near-term operational headwinds.
Q2-2026 Updates
Positive Updates
Negative Updates
Company Guidance
Management provided detailed near-term operating and balance-sheet guidance: group Q2 adjusted property EBITDA was ~$304M (~$312M adjusted for VIP hold) with an adverse COD VIP win‑rate decline from 3.9% in Q2‑2025 to 2.7% in Q2‑2026 that lowered EBITDA by ~ $9M; Macau total daily OpEx remains about $3.3–3.4M/day (inclusive of House of Dancing Water). For Q3‑2026 they expect depreciation & amortization of $140–145M, corporate expense of $20–25M and consolidated net interest expense of $115–120M (including ~ $6M finance‑liability interest and ~ $5M finance‑lease interest). Liquidity and capital items: available liquidity of ~ $2.8B, consolidated cash on hand of ~ $1.0B (≈ $492M excluding Studio City/Philippines/Cyprus/Sri Lanka), an upsized RCF increased by ~ $821M to $2.8B with maturity extended to June 2031, Studio City bond/redemption activity leaving $335M of 2028 notes outstanding, YTD ADS repurchases of ~25M shares for ~$134M (22.4M for ~$121M Apr 1–Aug 12), and management expects to recommence dividends in 2027; CapEx is ~$225M for the remainder of 2026 and ~$275–300M for 2027.
Melco Resorts & Entertainment Risk Analysis
Melco Resorts & Entertainment disclosed 91 risk factors in its most recent earnings report. Melco Resorts & Entertainment reported the most risks in the "Legal & Regulatory" category.
Latest Risks Added
3 New RisksMelco Resorts & Entertainment Peers Comparison
Overall Rating
LVS55Neutral
MGM52Neutral
WYNN52Neutral
CZR43Neutral
MSC42Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| Sector * | 61Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
| LVS | 55Neutral | $23.18B | 15.09 | 216.58% | 3.25% | 10.93% | 9.73% |
| MGM | 52Neutral | $7.58B | 11.30 | 28.11% | ― | 2.57% | 1487.04% |
| WYNN | 52Neutral | $7.69B | 17.08 | -174.87% | 1.34% | 6.36% | 21.32% |
| CZR | 43Neutral | $5.93B | -11.10 | -15.71% | ― | 3.08% | -128.00% |
| MSC | 42Neutral | $165.26M | -0.72 | -10.08% | ― | 0.71% | 24.32% |
* Consumer Cyclical Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| DE:MAS | Melco Resorts & Entertainment | 3.44 | -3.66 | -51.55% | |
| LVS | Las Vegas Sands | 36.97 | -23.45 | -38.81% | |
| MGM | Mgm Resorts International | 29.96 | -2.17 | -6.75% | |
| WYNN | Wynn Resorts Limited | 74.66 | -49.90 | -40.06% | |
| CZR | Caesars Entertainment Inc | 29.09 | 8.64 | 42.25% | |
| MSC | Studio City International Holdings | 0.78 | -3.21 | -80.35% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.