(MLCO) Melco Resorts - Ratings and Ratios

Exchange: NASDAQ • Country: Hong Kong • Currency: USD • Type: Common Stock • ISIN: US5854641009

Casino, Resort, Gaming, Integrated, Entertainment

Stock: Casinos & Gaming
Age 19.1y

MCap 2,395m
Avg Vol 1.12M (8.18M USD)

Beta 0.942
Volatility 54.35%

EPS (Earnings per Share)

EPS CAGR: 33.24%
EPS Trend: 76.7%

Last SUE: -0.83
Qual. Beats: 0

Revenue

Rev. CAGR: 30.64%
Rev. Trend: 82.6%

Last SUE: 0.77
Qual. Beats: 0

Dividends

Currently no dividends paid

Risk via 5d forecast
Volatility	54.4%
Value at Risk 5%th	86.3%
Relative Tail Risk	-3.46%

Reward TTM
Sharpe Ratio	0.29
Alpha	-6.68
CAGR/Max DD	-0.33

Character TTM
Hurst Exponent	0.700
Beta	0.942
Beta Downside	0.917

Drawdowns 3y
Max DD	67.96%
Mean DD	41.38%
Median DD	44.37%

Description: MLCO Melco Resorts January 11, 2026

Melco Resorts & Entertainment Ltd (NASDAQ:MLCO) develops, owns, and operates integrated casino-gaming and resort complexes across Asia and Europe, focusing on high-end hospitality, entertainment, and non-gaming amenities.

Its flagship assets include City of Dreams Macau (gaming tables, slots, luxury suites, retail, theater, and leisure facilities), Altira Macau (casino-hotel with premium dining and wellness offerings), and Studio City (cinematically themed resort with hotel, gaming, and retail components). In Europe, Melco runs the Grand Dragon casino in Taipa and a portfolio of properties in Cyprus (City of Dreams Mediterranean, plus satellite casinos in Limassol, Nicosia, Ayia Napa, and Paphos), as well as City of Dreams Manila in the Philippines.

Key recent performance indicators show FY 2023 revenue of approximately $3.0 billion, with adjusted EBITDA margin near 30% and same-store gaming revenue growth of about 10% YoY, driven by a rebound in mainland-China visitor traffic and a 5-point increase in average daily casino spend.

Primary economic drivers for Melco are Macau’s gaming tax regime, Chinese consumer confidence, and regional tourism flows; sector-wide, the shift toward integrated-resort models that blend gaming with entertainment and hospitality is expanding total addressable market size.

For a data-rich, unbiased assessment of Melco’s valuation dynamics, you may find the analyst tools on ValueRay worth a quick look.

Piotroski VR‑10 (Strict, 0-10) 5.0

Net Income: 104.1m TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA -0.47 > 1.0
NWC/Revenue: 2.61% < 20% (prev 4.74%; Δ -2.13% < -1%)
CFO/TA 0.08 > 3% & CFO 626.7m > Net Income 104.1m
Net Debt (6.15b) to EBITDA (1.09b): 5.67 < 3
Current Ratio: 1.08 > 1.5 & < 3
Outstanding Shares: last quarter (131.6m) vs 12m ago -69.54% < -2%
Gross Margin: 36.30% > 18% (prev 0.32%; Δ 3598 % > 0.5%)
Asset Turnover: 62.88% > 50% (prev 56.80%; Δ 6.08% > 0%)
Interest Coverage Ratio: 1.16 > 6 (EBITDA TTM 1.09b / Interest Expense TTM 473.8m)

Altman Z'' (< 1.1 .. > 2.6) -1.45

A: 0.02 (Total Current Assets 1.72b - Total Current Liabilities 1.58b) / Total Assets 8.10b
B: -0.48 (Retained Earnings -3.89b / Total Assets 8.10b)
C: 0.07 (EBIT TTM 550.9m / Avg Total Assets 8.05b)
D: -0.43 (Book Value of Equity -3.94b / Total Liabilities 9.06b)
Altman-Z'' Score: -1.45 = CCC

ValueRay F-Score (Strict, 0-100) 64.68

1. Piotroski: 5.0pt
2. FCF Yield: 3.81%
3. FCF Margin: 6.43%
4. Debt/Equity: -5.82
5. Debt/Ebitda: 5.67
6. ROIC - WACC: 5.93%
7. RoE: -7.73%
8. Revenue Trend: 82.65%
9. EPS Trend: 76.74%

What is the price of MLCO shares?

As of January 22, 2026, the stock is trading at USD 6.02 with a total of 9,164,526 shares traded.
Over the past week, the price has changed by -9.88%, over one month by -24.66%, over three months by -25.95% and over the past year by +7.69%.

Is MLCO a buy, sell or hold?

Melco Resorts has received a consensus analysts rating of 3.93. Therefore, it is recommended to buy MLCO.

Strong Buy: 6
Buy: 3
Hold: 4
Sell: 0
Strong Sell: 1

What are the forecasts/targets for the MLCO price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	10.3	71.1%
Analysts Target Price	10.3	71.1%
ValueRay Target Price	5.5	-8%

MLCO Fundamental Data Overview January 19, 2026

P/E Trailing = 23.5769
P/E Forward = 9.8912
P/S = 0.4732
P/B = 105.5218
P/EG = 0.1037
Revenue TTM = 5.06b USD
EBIT TTM = 550.9m USD
EBITDA TTM = 1.09b USD
Long Term Debt = 6.89b USD (from longTermDebt, last quarter)
Short Term Debt = 510.9m USD (from shortTermDebt, last quarter)
Debt = 7.63b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 6.15b USD (from netDebt column, last quarter)
Enterprise Value = 8.54b USD (2.39b + Debt 7.63b - CCE 1.48b)
Interest Coverage Ratio = 1.16 (Ebit TTM 550.9m / Interest Expense TTM 473.8m)
EV/FCF = 26.24x (Enterprise Value 8.54b / FCF TTM 325.5m)
FCF Yield = 3.81% (FCF TTM 325.5m / Enterprise Value 8.54b)
FCF Margin = 6.43% (FCF TTM 325.5m / Revenue TTM 5.06b)
Net Margin = 2.06% (Net Income TTM 104.1m / Revenue TTM 5.06b)
Gross Margin = 36.30% ((Revenue TTM 5.06b - Cost of Revenue TTM 3.22b) / Revenue TTM)
Gross Margin QoQ = 38.83% (prev 34.40%)
Tobins Q-Ratio = 1.05 (Enterprise Value 8.54b / Total Assets 8.10b)
Interest Expense / Debt = 1.47% (Interest Expense 112.2m / Debt 7.63b)
Taxrate = 1.34% (845.0k / 62.9m)
NOPAT = 543.5m (EBIT 550.9m * (1 - 1.34%))
Current Ratio = 1.08 (Total Current Assets 1.72b / Total Current Liabilities 1.58b)
Debt / Equity = -5.82 (negative equity) (Debt 7.63b / totalStockholderEquity, last quarter -1.31b)
Debt / EBITDA = 5.67 (Net Debt 6.15b / EBITDA 1.09b)
Debt / FCF = 18.89 (Net Debt 6.15b / FCF TTM 325.5m)
Total Stockholder Equity = -1.35b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.29% (Net Income 104.1m / Total Assets 8.10b)
RoE = -7.73% (negative equity) (Net Income TTM 104.1m / Total Stockholder Equity -1.35b)
RoCE = 9.94% (EBIT 550.9m / Capital Employed (Equity -1.35b + L.T.Debt 6.89b))
RoIC = 9.28% (NOPAT 543.5m / Invested Capital 5.86b)
WACC = 3.35% (E(2.39b)/V(10.02b) * Re(9.38%) + D(7.63b)/V(10.02b) * Rd(1.47%) * (1-Tc(0.01)))
Discount Rate = 9.38% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -45.14%
[DCF Debug] Terminal Value 88.43% ; FCFF base≈338.8m ; Y1≈417.9m ; Y5≈711.8m
Fair Price DCF = 37.32 (EV 20.73b - Net Debt 6.15b = Equity 14.58b / Shares 390.7m; r=5.90% [WACC]; 5y FCF grow 25.0% → 2.90% )
EPS Correlation: 76.74 | EPS CAGR: 33.24% | SUE: -0.83 | # QB: 0
Revenue Correlation: 82.65 | Revenue CAGR: 30.64% | SUE: 0.77 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.16 | Chg30d=+0.012 | Revisions Net=-1 | Analysts=1
EPS next Year (2026-12-31): EPS=0.68 | Chg30d=-0.059 | Revisions Net=-1 | Growth EPS=+29.5% | Growth Revenue=+3.1%

Additional Sources for MLCO Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle