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GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash to Debt 0.38
MPEL's Cash to Debt is ranked higher than
64% of the 1219 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.70 vs. MPEL: 0.38 )
MPEL' s 10-Year Cash to Debt Range
Min: 0.12   Max: 35743.43
Current: 0.38

0.12
35743.43
Equity to Asset 0.41
MPEL's Equity to Asset is ranked higher than
60% of the 1135 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.52 vs. MPEL: 0.41 )
MPEL' s 10-Year Equity to Asset Range
Min: 0.32   Max: 0.86
Current: 0.41

0.32
0.86
Interest Coverage No Debt
MPEL's Interest Coverage is ranked higher than
92% of the 758 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 17.23 vs. MPEL: No Debt )
MPEL' s 10-Year Interest Coverage Range
Min: 0.99   Max: 9999.99
Current: No Debt

0.99
9999.99
F-Score: 6
Z-Score: 2.31
M-Score: -3.12
WACC vs ROIC
8.75%
11.62%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 5/10

vs
industry
vs
history
Operating margin (%) 14.27
MPEL's Operating margin (%) is ranked higher than
82% of the 1218 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 8.19 vs. MPEL: 14.27 )
MPEL' s 10-Year Operating margin (%) Range
Min: -159.7   Max: 24.55
Current: 14.27

-159.7
24.55
Net-margin (%) 12.67
MPEL's Net-margin (%) is ranked higher than
86% of the 1217 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.67 vs. MPEL: 12.67 )
MPEL' s 10-Year Net-margin (%) Range
Min: -203.54   Max: 22.42
Current: 12.67

-203.54
22.42
ROE (%) 14.01
MPEL's ROE (%) is ranked higher than
85% of the 1171 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 6.00 vs. MPEL: 14.01 )
MPEL' s 10-Year ROE (%) Range
Min: -12.55   Max: 16.7
Current: 14.01

-12.55
16.7
ROA (%) 6.29
MPEL's ROA (%) is ranked higher than
84% of the 1227 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.90 vs. MPEL: 6.29 )
MPEL' s 10-Year ROA (%) Range
Min: -6.59   Max: 7.61
Current: 6.29

-6.59
7.61
ROC (Joel Greenblatt) (%) 15.53
MPEL's ROC (Joel Greenblatt) (%) is ranked higher than
78% of the 1225 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 10.00 vs. MPEL: 15.53 )
MPEL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -33.16   Max: 24.05
Current: 15.53

-33.16
24.05
Revenue Growth (3Y)(%) -100.00
MPEL's Revenue Growth (3Y)(%) is ranked lower than
56% of the 968 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 3.60 vs. MPEL: -100.00 )
MPEL' s 10-Year Revenue Growth (3Y)(%) Range
Min: 0   Max: 324.2
Current: -100

0
324.2
EBITDA Growth (3Y)(%) -100.00
MPEL's EBITDA Growth (3Y)(%) is ranked lower than
55% of the 803 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.20 vs. MPEL: -100.00 )
MPEL' s 10-Year EBITDA Growth (3Y)(%) Range
Min: 0   Max: 93.1
Current: -100

0
93.1
EPS Growth (3Y)(%) -100.00
MPEL's EPS Growth (3Y)(%) is ranked lower than
55% of the 705 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 7.80 vs. MPEL: -100.00 )
MPEL' s 10-Year EPS Growth (3Y)(%) Range
Min: 0   Max: 432.7
Current: -100

0
432.7
» MPEL's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades

Q1 2014

MPEL Guru Trades in Q1 2014

Jim Simons 139,300 sh (New)
George Soros 1,295,000 sh (+324.59%)
Steven Cohen 184,541 sh (+55.99%)
Louis Moore Bacon 120,150 sh (+28.99%)
Steven Cohen 450,000 sh (unchged)
Andreas Halvorsen Sold Out
Pioneer Investments 211,921 sh (-6.98%)
Columbia Wanger 4,535,659 sh (-24.49%)
» More
Q2 2014

MPEL Guru Trades in Q2 2014

Andreas Halvorsen 1,541,269 sh (New)
George Soros 1,295,000 sh (unchged)
Steven Cohen 911,800 sh (unchged)
Jim Simons Sold Out
Value Partners Sold Out
Louis Moore Bacon Sold Out
Columbia Wanger 4,156,499 sh (-8.36%)
Pioneer Investments 108,083 sh (-49.00%)
» More
Q3 2014

MPEL Guru Trades in Q3 2014

Louis Moore Bacon 750,000 sh (New)
Leon Cooperman 2,631,362 sh (New)
Jim Simons 1,552,100 sh (New)
David Herro 7,482,000 sh (New)
George Soros 1,445,000 sh (+11.58%)
Andreas Halvorsen Sold Out
Steven Cohen Sold Out
Columbia Wanger 3,561,025 sh (-14.33%)
» More
Q4 2014

MPEL Guru Trades in Q4 2014

Mason Hawkins 68,900 sh (New)
Paul Singer 2,729,872 sh (New)
David Herro 15,860,000 sh (+111.98%)
George Soros 1,445,000 sh (unchged)
Louis Moore Bacon Sold Out
Leon Cooperman 1,628,693 sh (-38.10%)
Columbia Wanger 2,175,000 sh (-38.92%)
Jim Simons 433,100 sh (-72.10%)
» More
» Details

Insider Trades

Latest Guru Trades with MPEL

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

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Guru Investment Theses on Melco Crown Entertainment Ltd

David Herro Comments on Melco Crown Entertainment - Apr 09, 2015

An additional detractor for the quarter was Melco Crown Entertainment (MPEL) (Hong Kong), which is a developer and owner of casino gaming and entertainment resort facilities in Asia. Casino revenues in Macau were weak due to China’s anti-corruption campaign, difficult year-over-year comparisons and a weaker macro environment. Although we continue to monitor the market, we remain optimistic about Macau’s long-term prospects, given low penetration of Chinese visitors, continued wealth creation of Chinese citizens and large infrastructure projects, which should help facilitate the growth of Macau.

From David Herro (Trades, Portfolio)'s Oakmark International Fund 1Q 2015 Letter.

Check out David Herro latest stock trades

Top Ranked Articles about Melco Crown Entertainment Ltd

David Herro Comments on Melco Crown Entertainment
An additional detractor for the quarter was Melco Crown Entertainment (MPEL) (Hong Kong), which is a developer and owner of casino gaming and entertainment resort facilities in Asia. Casino revenues in Macau were weak due to China’s anti-corruption campaign, difficult year-over-year comparisons and a weaker macro environment. Although we continue to monitor the market, we remain optimistic about Macau’s long-term prospects, given low penetration of Chinese visitors, continued wealth creation of Chinese citizens and large infrastructure projects, which should help facilitate the growth of Macau. Read more...
Herro Adds One Stake to Portfolio in Fourth Quarter
Guru David Herro (Trades, Portfolio), manager of the Oakmark International Fund since 1992, the Oakmark International Small Cap Fund since 1995 and the Oakmark Global Select Fund since 2006, added one new stock to his portfolio in the fourth quarter – Continental AG (CON.Germany), a German manufacturing company emphasizing tires, brake systems, safety, powertrain and chassis components, tachographs and other parts for the automotive and transportation industries. Read more...

Ratios

vs
industry
vs
history
P/E(ttm) 20.80
MPEL's P/E(ttm) is ranked higher than
87% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 52.10 vs. MPEL: 20.80 )
MPEL' s 10-Year P/E(ttm) Range
Min: 12.38   Max: 40.45
Current: 20.8

12.38
40.45
Forward P/E 13.68
MPEL's Forward P/E is ranked higher than
99% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.00 vs. MPEL: 13.68 )
N/A
PE(NRI) 20.90
MPEL's PE(NRI) is ranked higher than
89% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 52.40 vs. MPEL: 20.90 )
MPEL' s 10-Year PE(NRI) Range
Min: 12.38   Max: 40.77
Current: 20.9

12.38
40.77
P/B 2.80
MPEL's P/B is ranked higher than
61% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.67 vs. MPEL: 2.80 )
MPEL' s 10-Year P/B Range
Min: 1.65   Max: 6.08
Current: 2.8

1.65
6.08
P/S 2.54
MPEL's P/S is ranked higher than
50% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.12 vs. MPEL: 2.54 )
MPEL' s 10-Year P/S Range
Min: 1.24   Max: 5.07
Current: 2.54

1.24
5.07
PFCF 20.60
MPEL's PFCF is ranked higher than
88% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 868.50 vs. MPEL: 20.60 )
MPEL' s 10-Year PFCF Range
Min: 10.96   Max: 119.39
Current: 20.6

10.96
119.39
POCF 9.15
MPEL's POCF is ranked higher than
88% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 19.09 vs. MPEL: 9.15 )
MPEL' s 10-Year POCF Range
Min: 6.69   Max: 21.18
Current: 9.15

6.69
21.18
EV-to-EBIT 24.25
MPEL's EV-to-EBIT is ranked higher than
81% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 30.49 vs. MPEL: 24.25 )
MPEL' s 10-Year EV-to-EBIT Range
Min: 12.3   Max: 33.2
Current: 24.25

12.3
33.2
Shiller P/E 46.90
MPEL's Shiller P/E is ranked higher than
77% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.00 vs. MPEL: 46.90 )
MPEL' s 10-Year Shiller P/E Range
Min: 46.9   Max: 1087
Current: 46.9

46.9
1087
Current Ratio 2.66
MPEL's Current Ratio is ranked higher than
89% of the 1148 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.34 vs. MPEL: 2.66 )
MPEL' s 10-Year Current Ratio Range
Min: 0.16   Max: 3.53
Current: 2.66

0.16
3.53
Quick Ratio 2.64
MPEL's Quick Ratio is ranked higher than
91% of the 1148 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.15 vs. MPEL: 2.64 )
MPEL' s 10-Year Quick Ratio Range
Min: 0.16   Max: 3.53
Current: 2.64

0.16
3.53
Days Inventory 2.11
MPEL's Days Inventory is ranked higher than
95% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 83.15 vs. MPEL: 2.11 )
MPEL' s 10-Year Days Inventory Range
Min: 0.57   Max: 31.23
Current: 2.11

0.57
31.23
Days Sales Outstanding 19.28
MPEL's Days Sales Outstanding is ranked higher than
82% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 49.29 vs. MPEL: 19.28 )
MPEL' s 10-Year Days Sales Outstanding Range
Min: 0.78   Max: 71.8
Current: 19.28

0.78
71.8

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 1.49
MPEL's Dividend Yield is ranked lower than
68% of the 757 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.04 vs. MPEL: 1.49 )
MPEL' s 10-Year Dividend Yield Range
Min: 0.28   Max: 0.7
Current: 1.49

0.28
0.7
Dividend Payout 0.25
MPEL's Dividend Payout is ranked higher than
99% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.00 vs. MPEL: 0.25 )
MPEL' s 10-Year Dividend Payout Range
Min: 0.33   Max: 0.43
Current: 0.25

0.33
0.43
Yield on cost (5-Year) 1.50
MPEL's Yield on cost (5-Year) is ranked lower than
68% of the 763 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 2.20 vs. MPEL: 1.50 )
MPEL' s 10-Year Yield on cost (5-Year) Range
Min: 0.28   Max: 0.7
Current: 1.5

0.28
0.7
Share Buyback Rate 100.00
MPEL's Share Buyback Rate is ranked higher than
99% of the 728 Companies
in the Global Resorts & Casinos industry.

( Industry Median: -0.90 vs. MPEL: 100.00 )
MPEL' s 10-Year Share Buyback Rate Range
Min: 0   Max: -36.2
Current: 100

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 4.30
MPEL's Price/Tangible Book is ranked higher than
64% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.30 vs. MPEL: 4.30 )
MPEL' s 10-Year Price/Tangible Book Range
Min: 3.01   Max: 8
Current: 4.3

3.01
8
Price/DCF (Projected) 1.60
MPEL's Price/DCF (Projected) is ranked higher than
76% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 0.00 vs. MPEL: 1.60 )
MPEL' s 10-Year Price/DCF (Projected) Range
Min: 3.97   Max: 6.41
Current: 1.6

3.97
6.41
Price/Median PS Value 0.90
MPEL's Price/Median PS Value is ranked higher than
85% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 1.24 vs. MPEL: 0.90 )
MPEL' s 10-Year Price/Median PS Value Range
Min: 0.48   Max: 1.54
Current: 0.9

0.48
1.54
Price/Graham Number 2.10
MPEL's Price/Graham Number is ranked higher than
79% of the 1404 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 13.83 vs. MPEL: 2.10 )
MPEL' s 10-Year Price/Graham Number Range
Min: 1.42   Max: 3.66
Current: 2.1

1.42
3.66
Earnings Yield (Greenblatt) 4.20
MPEL's Earnings Yield (Greenblatt) is ranked higher than
74% of the 1192 Companies
in the Global Resorts & Casinos industry.

( Industry Median: 4.50 vs. MPEL: 4.20 )
MPEL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3   Max: 8.1
Current: 4.2

3
8.1

Business Description

Industry: Travel & Leisure » Resorts & Casinos
Compare:LVS, SCHYY, GXYEY, WYNMF, SJMHF » details
Traded in other countries:06883.Hongkong, MAS.Germany,
Melco Crown Entertainment Ltd was incorporated under the name of Melco PBL Entertainment (Macau) Limited on December 17, 2004. It completed its initial public offering in December 2006. The Company is a developer, owner and, through its subsidiary Melco Crown Macau, an operator of casino gaming and entertainment resort facilities. Its subsidiary Melco Crown Macau is one of six companies licensed, through concessions or subconcessions, to operate casinos in Macau. It has two casinos based operations, namely, City of Dreams and Altira Macau, and non-casino based operations at its Mocha Clubs. Its operations cater to a spectrum of gaming patrons, from high-stakes rolling chip gaming patrons to gaming patrons seeking a broader entertainment experience. It owns and operates two 'Forbes Five Star' hotels in Macau: Altira Macau and the Crown Towers hotel. The Company's competitors in Macau and elsewhere in Asia include all the current concession and subconcession holders and many of the largest gaming, hospitality, leisure and property development companies in the world. The Company is subject to the Foreign Corrupt Practices Act.
» More Articles for MPEL

Headlines

Articles On GuruFocus.com
Mason Hawkins' First-Quarter 2015 Commentary Apr 16 2015 
David Herro Comments on Melco Crown Entertainment Apr 09 2015 
David Herro's Oakmark International Fund 1Q 2015 Letter Apr 08 2015 
Herro Adds One Stake to Portfolio in Fourth Quarter Mar 02 2015 
David Herro' Biggest International Stock Buys and Ads of Q4 Feb 27 2015 
David Herro's 4 International Stock Picks of Q3 Nov 26 2014 
Placing All Bets: And the Winner Is Melco Crown Feb 20 2014 
6 Mid-Cap Hot Picks in the Last Three Months Nov 27 2012 
Stocks That Are Cheaper Than Howard Marks Bought Jan 12 2012 
Macau, instead of Las Vegas, represents extreme growth for gambling operators Jan 08 2012 


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