MGM Resorts International (MEX:MGM) Cyclically Adjusted FCF per Share: MXN36.98 (As of Jun. 2026)

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MEX:MGM MGM Resorts International MEX:MGM
67 GF Score
Price MXN804.00
GF Value MXN835.57
Valuation Fairly Valued
! 8 Warning Signs
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What is MGM Resorts International Cyclically Adjusted FCF per Share?

MGM Resorts International MEX:MGM 67 Cyclically Adjusted FCF per Share is MXN36.98 as of Jun. 2026. GuruFocus rates MEX:MGM with a GF Score™ of 67/100 and a GF Value™ of MXN835.57 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

MGM Resorts International's adjusted free cash flow per share for the three months ended in Jun. 2026 was MXN21.489. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is MXN36.98 for the trailing ten years ended in Jun. 2026.

During the past 12 months, MGM Resorts International's average Cyclically Adjusted FCF Growth Rate was 58.20% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 69.40% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 69.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of MGM Resorts International was 76.50% per year. The lowest was -50.80% per year. And the median was -11.00% per year.

As of today (2026-08-01), MGM Resorts International's current stock price is MXN804.00. MGM Resorts International's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2026 was MXN36.98. MGM Resorts International's Cyclically Adjusted Price-to-FCF of today is 21.74.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MGM Resorts International was 567.17. The lowest was 16.56. And the median was 62.80.


MGM Resorts International  (MEX:MGM) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

MGM Resorts International's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=804.00/36.98
=21.74

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of MGM Resorts International was 567.17. The lowest was 16.56. And the median was 62.80.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


MGM Resorts International Cyclically Adjusted FCF per Share Related Terms


MGM Resorts International Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's Cyclically Adjusted FCF per Share 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.

MGM Resorts International Cyclically Adjusted FCF per Share Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.70 6.74 11.23 21.05 30.98

MGM Resorts International Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.09 27.80 30.98 33.64 36.98

MEX:MGM vs WYNN, BYD, CZR: Cyclically Adjusted FCF per Share Comparison

For the Resorts & Casinos subindustry, MGM Resorts International's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-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 Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's Cyclically Adjusted Price-to-FCF falls into.


MEX:MGM
67GF Score
MGM Resorts International MEX:MGM
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGM Resorts International Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, MGM Resorts International's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=21.489/333.9520*333.9520
=21.489

Current CPI (Jun. 2026) = 333.9520.

MGM Resorts International Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201609 -6.213 241.428 -8.594
201612 -6.663 241.432 -9.216
201703 -1.643 243.801 -2.251
201706 3.638 244.955 4.960
201709 1.441 246.819 1.950
201712 7.882 246.524 10.677
201803 5.052 249.554 6.761
201806 2.565 251.989 3.399
201809 -2.072 252.439 -2.741
201812 2.370 251.233 3.150
201903 7.814 254.202 10.265
201906 15.416 256.143 20.099
201909 8.639 256.759 11.236
201912 7.254 256.974 9.427
202003 -23.404 258.115 -30.280
202006 -34.131 257.797 -44.214
202009 -9.018 260.280 -11.571
202012 -13.541 260.474 -17.361
202103 -6.878 264.877 -8.672
202106 14.129 271.696 17.366
202109 16.117 274.310 19.621
202112 13.890 278.802 16.638
202203 14.336 287.504 16.652
202206 18.001 296.311 20.288
202209 9.249 296.808 10.406
202212 5.783 296.797 6.507
202303 26.899 301.836 29.761
202306 15.168 305.109 16.602
202309 24.009 307.789 26.050
202312 19.331 306.746 21.046
202403 19.335 312.332 20.673
202406 13.751 314.175 14.617
202409 21.488 315.301 22.759
202412 18.638 315.605 19.721
202503 22.577 319.799 23.576
202506 25.785 322.561 26.696
202509 27.292 324.800 28.061
202512 23.368 324.054 24.082
202603 28.777 330.213 29.103
202606 21.489 333.952 21.489

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of MXN36.98 mean?
MGM Resorts International (MEX:MGM) has a Cyclically Adjusted FCF per Share of MXN36.98 as of Jun. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Cyclically Adjusted FCF per Share too high?
MGM Resorts International's current Cyclically Adjusted FCF per Share is MXN36.98. Overall, MGM Resorts International has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Cyclically Adjusted FCF per Share compare to WYNN and BYD?
MGM Resorts International's Cyclically Adjusted FCF per Share of MXN36.98 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Travel & Leisure company?
A good Cyclically Adjusted FCF per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Cyclically Adjusted FCF per Share is MXN36.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MGM Resorts International stock overvalued right now?
Based on GuruFocus' analysis, MGM Resorts International (MEX:MGM) is currently considered Fairly Valued. The stock's GF Value™ is MXN835.57, compared to a current price of MXN804.00 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted FCF per Share is MXN36.98. MGM Resorts International's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For MGM Resorts International (MEX:MGM), the current Cyclically Adjusted FCF per Share is MXN36.98 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MGM Resorts International (MEX:MGM) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued. The current stock price of MXN804.00 is trading 3.8% below its estimated GF Value™ of MXN835.57. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for MEX:MGM:

  • Cyclically Adjusted FCF per Share: MXN36.98
  • GF Value™: MXN835.57 vs. price of MXN804.00 (3.8% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the MEX:MGM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MGM Resorts International Business Description

Address 3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
MGM Resorts is the largest resort operator on the Las Vegas Strip with 37,000 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 56% of total EBITDAR in 2025. MGM also owns US regional assets, which represented a low 20s share of 2025 EBITDAR (MGM's Macao EBITDAR was 23% of the total in 2025). MGM's US sports and i-gaming operations are currently a high-single-digit percentage of its total revenue. The company also operates the 56%-owned MGM China casinos with a second property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
67GF Score

Get the complete analysis for MEX:MGM

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN804.00
Price
MXN835.57
GF Value