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Melco International DevelopmentMDEVF 49 Cyclically Adjusted Price-to-FCF is 2.29 as of Sep. 14, 2026, which is 81% below its 10-year median of 11.83. GuruFocus rates MDEVF with a GF Score™ of 49/100 and a GF Value™ of $0.64 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 369 Travel & Leisure companies, Melco International Development ranks better than 93.77% on this metric.
The historical rank and industry rank for Melco International Development's Cyclically Adjusted Price-to-FCF or its related term are showing as below:
MDEVF'
s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.36 Med: 11.83 Max: 67.01
Current: 2.36
During the past 13 years, Melco International Development's highest Cyclically Adjusted Price-to-FCF was 67.01. The lowest was 2.36. And the median was 11.83.
MDEVF's Cyclically Adjusted Price-to-FCF is ranked better than 93.77% of 369
companies
in the Travel & Leisure industry
Industry Median: 17.66
vs MDEVF: 2.36
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.
Melco International Development's adjusted free cash flow per share data of for the fiscal year that ended in Dec25 was $0.449. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $0.17 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Melco International Development (OTCPK:MDEVF) Cyclically Adjusted Price-to-FCF Explanation
Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.
Melco International Development Cyclically Adjusted Price-to-FCF Related Terms
Melco International Development Cyclically Adjusted Price-to-FCF Historical Data
* 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.
Melco International Development Cyclically Adjusted Price-to-FCF Chart
MDEVF vs LVS, MGM, WYNN: Cyclically Adjusted Price-to-FCF Comparison
For the Resorts & Casinos subindustry, Melco International Development'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.
Melco International Development Cyclically Adjusted Price-to-FCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco International Development's Cyclically Adjusted Price-to-FCF distribution charts can be found below:
* The bar in red indicates where Melco International Development's Cyclically Adjusted Price-to-FCF falls into.
Melco International Development Cyclically Adjusted Price-to-FCF Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.
* 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.
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.
What does a Cyclically Adjusted Price-to-FCF of 2.29 mean?
Melco International Development (MDEVF) has a Cyclically Adjusted Price-to-FCF of 2.29 as of Sep. 14, 2026. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Melco International Development and its competitors. This is 81% below median its historical median of 11.83. Over the past decade, Melco International Development's Cyclically Adjusted Price-to-FCF has ranged from 2.36 to 67.01. According to the industry distribution chart, Melco International Development ranks #23 out of 369 companies in the Travel & Leisure industry, placing it in the top 6.2%.
Is Melco International Development's Cyclically Adjusted Price-to-FCF too high?
Melco International Development's current Cyclically Adjusted Price-to-FCF of 2.29 is 81% below median its 10-year median of 11.83. Over the past 10 years, this metric has ranged from a low of 2.36 to a high of 67.01. The Travel & Leisure industry median Cyclically Adjusted Price-to-FCF is 17.66. Melco International Development's value of 2.29 is 87% below this industry median. Based on the distribution chart, Melco International Development ranks #23 out of 369 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Melco International Development has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco International Development's Cyclically Adjusted Price-to-FCF compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco International Development ranks #23 out of 369 companies for Cyclically Adjusted Price-to-FCF. This places Melco International Development in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted Price-to-FCF is 17.66. Melco International Development's value of 2.29 is 87% below this benchmark. Historically, Melco International Development's own Cyclically Adjusted Price-to-FCF has ranged from 2.36 to 67.01 over the past decade. While the company's 10-year median is 11.83 vs. the industry median of 17.66, Melco International Development has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Price-to-FCF for a Travel & Leisure company?
The median Cyclically Adjusted Price-to-FCF among Travel & Leisure companies is 17.66, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted Price-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted Price-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco International Development's current Cyclically Adjusted Price-to-FCF of 2.29 is 87% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Price-to-FCF mean?
A high Cyclically Adjusted Price-to-FCF can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted Price-to-FCF Ratio is the ratio of share price to a company's inflation-adjusted FCF per share over a 10-year period. View historical data on Melco International Development and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted Price-to-FCF is 17.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco International Development's current Cyclically Adjusted Price-to-FCF is 2.29, which is 81% below median its own 10-year median of 11.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco International Development stock overvalued right now?
Based on GuruFocus' analysis, Melco International Development (MDEVF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.64, compared to a current price of $0.39 — trading 39.1% below its estimated fair value. The current Cyclically Adjusted Price-to-FCF is 2.29, which is 81% below median its 10-year median of 11.83 and 87% below the Travel & Leisure industry median of 17.66. Melco International Development's overall GF Score™ is 49/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Price-to-FCF calculated?
Cyclically Adjusted Price-to-FCF is calculated from a company's financial statements. For Melco International Development (MDEVF), the current Cyclically Adjusted Price-to-FCF is 2.29 as of Sep. 14, 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 Melco International Development (MDEVF) Overvalued in 2026?
Based on GuruFocus' analysis, Melco International Development stock appears to be undervalued.
The current stock price of $0.39 is trading 39.1% below its estimated GF Value™ of $0.64.
GuruFocus considers Melco International Development to be Possible Value Trap.
Key valuation signals for MDEVF:
Cyclically Adjusted Price-to-FCF: 2.29 (81% below median its 10-year median of 11.83)
GF Value™: $0.64 vs. price of $0.39 (39.1% below fair value)
Industry Position: 87% below the Travel & Leisure median (#23 of 369)
No single metric tells the full story. See the MDEVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Melco International Development Ltd is a developer, owner, and operator of an international network of casino gaming and entertainment resorts. Its segments are the Casino and Hospitality segment, which generates maximum revenue, comprises the operation of casinos and the provision of hospitality services and facilities through Melco Resorts. Its resorts and properties include City of Dreams Cotai, Altira Macau, and Mocha Clubs in Macau; City of Dreams Manila in the Philippines; and City of Dreams Mediterranean and Cyprus Casinos in Cyprus. The Other segment comprises investments in a joint venture and associates, and other activities. Its operations are mainly located in Macau, the Philippines, Cyprus, and other regions, with maximum revenue derived from Macau.
49GF Score
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