Melco Resorts & Entertainment Ltd (MLCO) fair value: what the stock is really worth
As of Sep 23, 2026: fair value of Melco Resorts & Entertainment Ltd $14.16, price $4.72, upside +200.0%, quality 60 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
- Add to watchlist
Melco Resorts & Entertainment Ltd
MLCO · USClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range $4.48 – $17.09 · fair‑value band $9.82 – $18.40 · the $4.72 price screens below the $14.16 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 23, 2026.
Every Wednesday you see whether Melco Resorts & Entertainment is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Company profile
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments.
Show more
Melco Resorts & Entertainment Limited develops, owns, and operates casino gaming and resort facilities in Macau, the Philippines, Cyprus, and internationally. It operates through City of Dreams, Studio City, Altira Macau, Mocha, City of Dreams Manila, City of Dreams Mediterranean and Other, Other Operations, and Corporate and Other segments. The company owns and operates City of Dreams, an integrated resort that has gaming tables and gaming machines; suites and villas; food and beverage outlets; retail outlets; a wet stage performance theater; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spas and salons, and banquet and meeting facilities in Cotai, Macau. It also operates Studio City, a cinematically themed integrated resort with gaming facilities, hotel, entertainment, retail, and food and beverage outlets in Cotai, Macau; and Altira Macau, an integrated resort, which offers gaming tables and gaming machines, hotel rooms, dining and casual restaurants, and recreation and leisure facilities in Taipa, Macau. In addition, the company owns and operates Mocha Clubs, which are clubs with gaming machines in Macau; City of Dreams Manila, an integrated resort in the Entertainment City complex in Manila; City of Dreams Mediterranean, an integrated resort in Limassol, Cyprus; and three satellite casinos in Nicosia, Ayia Napa, and Paphos in Cyprus. Further, it is involved in the operation of the Sri Lanka Casino and management of Nüwa Sri Lanka located in City of Dreams Sri Lanka, as well as development projects in other countries. The company was formerly known as Melco Crown Entertainment Limited and changed its name to Melco Resorts & Entertainment Limited in April 2017. The company was founded in 2003 and is based in Central, Hong Kong. Melco Resorts & Entertainment Limited is a subsidiary of Melco Leisure and Entertainment Group Limited.
Stock analysis
Melco Resorts & Entertainment Ltd (MLCO) currently trades at $4.72, while our model-based Fair Value estimate is $14.16, implying the stock looks roughly 66.7% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of $29.39 per share, and 18 of the 20 models we run sit above the $4.72 price.
Bear case: the Economic Profit group reads lowest at $4.35, and 2 of the 20 models stay below the price. Evidence for this calculation is low.
Scenario range: $9.82 (bear) to $18.40 (bull), the price of $4.72 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 60/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Melco Resorts & Entertainment Ltd reported revenue of $5.2B in FY2025 versus $2.0B in FY2021, a compound +26.6%/yr. Reported net income was $185M in FY2025.
Key figures
Market cap $2.1B · P/E ratio 8.1 · P/S ratio 0.29 · EPS (TTM) $0.5800 · Net margin 3.6% · Return on equity −2,157% · Return on assets (EBIT) 0.1% · Operating margin 13.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 32 out of 100 (medium confidence).
What moves the price
The share trades about 52% below its 52-week high and 4% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 46% fair-value upside, at 200%, MLCO screens cheaper than that median.
Fair Value models
All 22 models by family
Notify me when MLCO reaches fair value
Put MLCO on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.
Set up alert →Quality Score breakdown
Of which business quality 56 · Market factors (momentum, volatility) 29
Revenue & earnings trend
Growth Forecast
Watch MLCO, get fair value alerts →
Compare Melco Resorts & Entertainment Ltd with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Resorts & Casinos · 70 stocks
Valuation Multiplesvs Resorts & Casinos median · lower = cheaper
Strength profile in five axes (Snowflake)
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
Context: sector, industry, market
- Is the Consumer Discretionary sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: US Stocks
- Valuation of the USA market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Las Vegas Sands Corp LVS | $39.70 | $54.02 | +36% |
| Galaxy Entertainment Group 0027 | HK$32.10 | HK$46.74 | +46% |
| Sands China Ltd 1928 | HK$12.16 | HK$18.87 | +55% |
| MGM Resorts International, through its subsidiaries, MGM | $38.90 | $17.73 | −54% |
| Wynn Resorts, Limited WYNN | $82.51 | $146.53 | +78% |
| Red Rock Resorts, Inc RRR | $48.76 | $18.01 | −63% |
| Boyd Gaming Corporation BYD | $72.08 | $144.08 | +100% |
| Caesars Entertainment, Inc CZR | $29.62 | $80.92 | +173% |
| Genting Singapore Limited G13 | 0.6200 SGD | 0.5600 SGD | −10% |
| Vail Resorts, Inc MTN | $138.98 | $152.88 | +10% |
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Try a ready-made strategy
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Melco Resorts & Entertainment Ltd (MLCO) overvalued or undervalued?
What is the fair value of MLCO?
What is the quality score of MLCO?
What is the price target for Melco Resorts & Entertainment Ltd (MLCO)?
What is the Melco Resorts & Entertainment Ltd stock forecast for 2026?
What is the revenue of Melco Resorts & Entertainment Ltd (MLCO)?
What growth is priced into Melco Resorts & Entertainment Ltd (MLCO)?
What discount rate (WACC) does the fair value of MLCO use?
What is a reverse DCF?
How much growth has Melco Resorts & Entertainment Ltd (MLCO) delivered so far?
How fast is the sector of Melco Resorts & Entertainment Ltd (MLCO) growing?
What is the free cash flow yield of Melco Resorts & Entertainment Ltd (MLCO)?
What is the intrinsic value of Melco Resorts & Entertainment Ltd (MLCO)?
Is Melco Resorts & Entertainment Ltd stock overvalued or undervalued in 2026?
Is fair value the same as the market price of MLCO?
How much is Melco Resorts & Entertainment Ltd worth?
What do the bullish and bearish scenarios say about MLCO?
What is the P/E ratio of MLCO?
What is the PEG ratio of MLCO?
How solid is the balance sheet of Melco Resorts & Entertainment Ltd (MLCO)?
How far is MLCO from its 52-week high?
Which stocks are comparable to Melco Resorts & Entertainment Ltd?
Is Melco Resorts & Entertainment Ltd stock attractive at the current price?
How is the fair value of MLCO calculated?
Is it still worth investing in stocks now?
What is the share price of Melco Resorts & Entertainment Ltd (MLCO)?
What should I pay attention to with Melco Resorts & Entertainment Ltd right now?
Where does the earnings growth of Melco Resorts & Entertainment Ltd (MLCO) come from?
Key figures of Melco Resorts & Entertainment Ltd
How large is the market capitalisation of Melco Resorts & Entertainment Ltd (MLCO)?
What is the P/S ratio of Melco Resorts & Entertainment Ltd (MLCO)?
What are the earnings per share of Melco Resorts & Entertainment Ltd (MLCO)?
What is the net margin of Melco Resorts & Entertainment Ltd (MLCO)?
What is the return on equity of Melco Resorts & Entertainment Ltd (MLCO)?
What is the EBIT return on assets of Melco Resorts & Entertainment Ltd (MLCO)?
What is the operating margin of Melco Resorts & Entertainment Ltd (MLCO)?
How fast is revenue growing at Melco Resorts & Entertainment Ltd (MLCO)?
How fast are earnings growing at Melco Resorts & Entertainment Ltd (MLCO)?
How much net debt does Melco Resorts & Entertainment Ltd (MLCO) carry?
Watch Melco Resorts & Entertainment Ltd in the live analysis
One click puts Melco Resorts & Entertainment Ltd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.