MGM Resorts International (FRA:MGG) Cyclically Adjusted Revenue per Share: €30.72 (As of Mar. 2026)

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FRA:MGG MGM Resorts International FRA:MGG
82 GF Score
Price €40.66
GF Value €40.87
Valuation Fairly Valued
! 10 Warning Signs
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What is MGM Resorts International Cyclically Adjusted Revenue per Share?

MGM Resorts International FRA:MGG -1.57% 82 Cyclically Adjusted Revenue per Share is €30.72 as of Mar. 2026. GuruFocus rates FRA:MGG with a GF Score™ of 82/100 and a GF Value™ of €40.87 (Fairly Valued). The stock has 10 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

MGM Resorts International's adjusted revenue per share for the three months ended in Mar. 2026 was €14.885. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €30.72 for the trailing ten years ended in Mar. 2026.

During the past 12 months, MGM Resorts International's average Cyclically Adjusted Revenue Growth Rate was 17.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.10% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of MGM Resorts International was 27.00% per year. The lowest was -3.90% per year. And the median was 8.70% per year.

As of today (2026-07-16), MGM Resorts International's current stock price is €40.66. MGM Resorts International's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €30.72. MGM Resorts International's Cyclically Adjusted PS Ratio of today is 1.32.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of MGM Resorts International was 2.44. The lowest was 0.46. And the median was 1.48.


MGM Resorts International  (FRA:MGG) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

MGM Resorts International's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.66/30.72
=1.32

* 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 PS Ratio of MGM Resorts International was 2.44. The lowest was 0.46. And the median was 1.48.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


MGM Resorts International Cyclically Adjusted Revenue per Share Related Terms


MGM Resorts International Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's Cyclically Adjusted Revenue 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 Revenue per Share Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.66 21.46 23.68 28.41 29.77

MGM Resorts International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue 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 29.18 27.57 29.87 29.77 30.72

FRA:MGG vs WYNN, BYD, CZR: Cyclically Adjusted Revenue per Share Comparison

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

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

* The bar in red indicates where MGM Resorts International's Cyclically Adjusted PS Ratio falls into.


FRA:MGG
82GF Score
MGM Resorts International FRA:MGG
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGM Resorts International Cyclically Adjusted Revenue 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 Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

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

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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 Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=14.885/330.2130*330.2130
=14.885

Current CPI (Mar. 2026) = 330.2130.

MGM Resorts International Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 3.539 241.018 4.849
201609 3.905 241.428 5.341
201612 4.065 241.432 5.560
201703 4.380 243.801 5.932
201706 4.055 244.955 5.466
201709 4.089 246.819 5.471
201712 3.835 246.524 5.137
201803 4.002 249.554 5.295
201806 4.414 251.989 5.784
201809 4.804 252.439 6.284
201812 5.048 251.233 6.635
201903 5.231 254.202 6.795
201906 5.328 256.143 6.869
201909 5.799 256.759 7.458
201912 5.567 256.974 7.154
202003 4.102 258.115 5.248
202006 0.522 257.797 0.669
202009 1.937 260.280 2.457
202012 2.484 260.474 3.149
202103 2.797 264.877 3.487
202106 3.801 271.696 4.620
202109 4.753 274.310 5.722
202112 5.758 278.802 6.820
202203 5.851 287.504 6.720
202206 7.331 296.311 8.170
202209 8.773 296.808 9.760
202212 8.770 296.797 9.757
202303 9.568 301.836 10.468
202306 9.960 305.109 10.779
202309 10.595 307.789 11.367
202312 11.802 306.746 12.705
202403 12.456 312.332 13.169
202406 12.786 314.175 13.439
202409 12.419 315.301 13.006
202412 13.866 315.605 14.508
202503 13.685 319.799 14.131
202506 13.856 322.561 14.185
202509 13.289 324.800 13.510
202512 14.236 324.054 14.507
202603 14.885 330.213 14.885

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of €30.72 mean?
MGM Resorts International (FRA:MGG) has a Cyclically Adjusted Revenue per Share of €30.72 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Cyclically Adjusted Revenue per Share too high?
MGM Resorts International's current Cyclically Adjusted Revenue per Share is €30.72. Overall, MGM Resorts International has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Cyclically Adjusted Revenue per Share compare to WYNN and BYD?
MGM Resorts International's Cyclically Adjusted Revenue per Share of €30.72 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 Revenue per Share for a Travel & Leisure company?
A good Cyclically Adjusted Revenue per Share depends on the Travel & Leisure industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Cyclically Adjusted Revenue per Share is €30.72. 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 (FRA:MGG) is currently considered Fairly Valued. The stock's GF Value™ is €40.87, compared to a current price of €40.66 — trading 0.5% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is €30.72. MGM Resorts International's overall GF Score™ is 82/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current Cyclically Adjusted Revenue per Share is €30.72 as of Mar. 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 (FRA:MGG) Overvalued in 2026?

Based on GuruFocus' analysis, MGM Resorts International stock appears to be undervalued. The current stock price of €40.66 is trading 0.5% below its estimated GF Value™ of €40.87. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for FRA:MGG:

  • Cyclically Adjusted Revenue per Share: €30.72
  • GF Value™: €40.87 vs. price of €40.66 (0.5% below fair value)
  • GF Score™: 82/100 with 10 warning signs

No single metric tells the full story. See the FRA:MGG 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.
82GF Score

Get the complete analysis for FRA:MGG

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

€40.66
Price
€40.87
GF Value