What is MGM Resorts International Intrinsic Value: Projected FCF?
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company. The details of how we calculate the intrinsic value of stocks are described in detail here.
As of today (2024-04-25), MGM Resorts International's Intrinsic Value: Projected FCF is $31.06. The stock price of MGM Resorts International is $42.71. Therefore, MGM Resorts International's Price-to-Intrinsic-Value-Projected-FCF of today is 1.4.
The historical rank and industry rank for MGM Resorts International's Intrinsic Value: Projected FCF or its related term are showing as below:
MGM'
s Price-to-Projected-FCF Range Over the Past 10 Years
Min: 1.38 Med: 2.36 Max: 5.44
Current: 1.38
During the past 13 years, the highest Price-to-Intrinsic-Value-Projected-FCF of MGM Resorts International was 5.44. The lowest was 1.38. And the median was 2.36.
MGM's Price-to-Projected-FCF is ranked worse than 54.72% of 561
companies
in the Travel & Leisure industry
Industry Median: 1.19
vs MGM: 1.38
MGM Resorts International Intrinsic Value: Projected FCF Historical Data
The historical data trend for MGM Resorts International's Intrinsic Value: Projected FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
* Premium members only.
MGM Resorts International Intrinsic Value: Projected FCF Chart
Competitive Comparison of MGM Resorts International's Intrinsic Value: Projected FCF
For the Resorts & Casinos subindustry, MGM Resorts International's Price-to-Projected-FCF, along with its competitors' market caps and Price-to-Projected-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
MGM Resorts International's Price-to-Projected-FCF Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Price-to-Projected-FCF distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Price-to-Projected-FCF falls into.
MGM Resorts International Intrinsic Value: Projected FCF Calculation
Since the intrinsic value calculations based on Discounted Cash Flow Intrinsic Value: DCF (FCF Based), or Discounted Earnings Intrinsic Value: DCF (Earnings Based) cannot be applied to companies without consistent revenue and earnings, GuruFocus developed a valuation model based on normalized Free Cash Flow and Book Value of the company.
The details of how we calculate the intrinsic value of stocks are described in detail here.
This method smooths out the free cash flow over the past 6-7 years, multiplies the results by a growth multiple, and adds a portion of Total Stockholders Equity.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGM Resorts International (NYSE:MGM) Intrinsic Value: Projected FCF Explanation
The growth multiple is capped between 8.35 and 17.74.
Total Stockholders Equity weighting is more art than science and it should always be revisited in more detail when researching a company. Weightings from 0% to 100% to more than 100% are possible. 80% was chosen as a happy median after taking the above ideas into consideration.
MGM Resorts International's Price-to-Intrinsic-Value-Projected-FCF for today is calculated as
Price-to-Intrinsic-Value-Projected-FCF
=
Share Price
/
Intrinsic Value: Projected FCF
=
42.71
/
31.064640248384
=
1.37
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MGM Resorts International Intrinsic Value: Projected FCF Related Terms
Thank you for viewing the detailed overview of MGM Resorts International's Intrinsic Value: Projected FCF provided by GuruFocus.com. Please click on the following links to see related term pages.
MGM Resorts International (MGM Resorts International) Business Description
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 guest rooms and suites, representing about one fourth of all units in the market. The company's Vegas properties include MGM Grand, Mandalay Bay, Park MGM, Luxor, New York-New York, and Bellagio. The Strip contributed approximately 74% of total EBITDAR in 2022. MGM also owns U.S. regional assets, which represented 31% of 2022 EBITDAR (MGM's Macao EBITDAR was negative in 2022). MGM's U.S. sports and iGaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a new property that opened on the Cotai Strip in early 2018. Further, we estimate MGM will open a resort in Japan in 2030.
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