Melco Resorts and Entertainment (STU:MAS) E10: €-0.31 (As of Mar. 2026)

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STU:MAS Melco Resorts and Entertainment Ltd STU:MAS
75 GF Score
Price €4.80
GF Value €7.25
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is Melco Resorts and Entertainment E10?

Melco Resorts and Entertainment STU:MAS +0.84% 75 E10 is €-0.31 as of Mar. 2026. GuruFocus rates STU:MAS with a GF Score™ of 75/100 and a GF Value™ of €7.25 (Possible Value Trap). The stock has 4 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Melco Resorts and Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was €0.169. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is €-0.31 for the trailing ten years ended in Mar. 2026.

During the past 3 years, the average E10 Growth Rate was -65.80% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Melco Resorts and Entertainment was 31.80% per year. The lowest was -65.80% per year. And the median was 14.00% per year.

As of today (2026-07-21), Melco Resorts and Entertainment's current stock price is €4.80. Melco Resorts and Entertainment's E10 for the quarter that ended in Mar. 2026 was €-0.31. Melco Resorts and Entertainment's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Melco Resorts and Entertainment was 82.57. The lowest was 20.14. And the median was 39.30.


Melco Resorts and Entertainment  (STU:MAS) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Melco Resorts and Entertainment was 82.57. The lowest was 20.14. And the median was 39.30.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Melco Resorts and Entertainment E10 Related Terms


Melco Resorts and Entertainment E10 Historical Data

* Premium members only.

The historical data trend for Melco Resorts and Entertainment's E10 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.

Melco Resorts and Entertainment E10 Chart

Melco Resorts and Entertainment Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.08 -0.27 -0.40 -0.42

Melco Resorts and Entertainment Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 -0.38 -0.41 -0.51 -0.42 -0.31

STU:MAS vs LVS, MGM, WYNN: E10 Comparison

For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Melco Resorts and Entertainment Shiller PE Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Melco Resorts and Entertainment's Shiller PE Ratio falls into.


STU:MAS
75GF Score
Melco Resorts and Entertainment Ltd STU:MAS
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Melco Resorts and Entertainment E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Melco Resorts and Entertainment's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.169/121.4731*121.4731
=0.169

Current CPI (Mar. 2026) = 121.4731.

Melco Resorts and Entertainment Quarterly Data

per share eps CPI Adj_EPS
201606 0.053 101.686 0.063
201609 0.112 102.565 0.133
201612 0.082 103.225 0.096
201703 0.216 103.335 0.254
201706 0.067 103.664 0.079
201709 0.196 103.994 0.229
201712 0.139 104.984 0.161
201803 0.258 105.973 0.296
201806 0.098 106.193 0.112
201809 0.018 106.852 0.020
201812 0.240 107.622 0.271
201903 0.229 108.172 0.257
201906 0.186 109.601 0.206
201909 0.158 110.260 0.174
201912 0.127 110.700 0.139
202003 -0.690 110.920 -0.756
202006 -0.685 110.590 -0.752
202009 -0.591 107.512 -0.668
202012 -0.345 109.711 -0.382
202103 -0.411 111.579 -0.447
202106 -0.321 111.360 -0.350
202109 -0.413 109.051 -0.460
202112 -0.297 112.349 -0.321
202203 -0.351 113.558 -0.375
202206 -0.502 113.448 -0.538
202209 -0.533 113.778 -0.569
202212 -0.535 114.548 -0.567
202303 -0.171 115.427 -0.180
202306 -0.050 115.647 -0.053
202309 -0.034 116.087 -0.036
202312 -0.327 117.296 -0.339
202403 0.033 117.735 0.034
202406 0.045 117.296 0.047
202409 0.057 118.615 0.058
202412 -0.046 118.945 -0.047
202503 0.072 119.384 0.073
202506 0.036 119.055 0.037
202509 0.161 119.934 0.163
202512 0.131 120.704 0.132
202603 0.169 121.473 0.169

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of €-0.31 mean?
Melco Resorts and Entertainment (STU:MAS) has a E10 of €-0.31 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Melco Resorts and Entertainment and its competitors.
Is Melco Resorts and Entertainment's E10 too high?
Melco Resorts and Entertainment's current E10 is €-0.31. Overall, Melco Resorts and Entertainment has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Melco Resorts and Entertainment's E10 compare to LVS and MGM?
Melco Resorts and Entertainment's E10 of €-0.31 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 E10 for a Travel & Leisure company?
A good E10 depends on the Travel & Leisure industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Melco Resorts and Entertainment and its competitors. Melco Resorts and Entertainment's current E10 is €-0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Melco Resorts and Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Melco Resorts and Entertainment (STU:MAS) is currently considered Possible Value Trap. The stock's GF Value™ is €7.25, compared to a current price of €4.80 — trading 33.8% below its estimated fair value. The current E10 is €-0.31. Melco Resorts and Entertainment's overall GF Score™ is 75/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Melco Resorts and Entertainment (STU:MAS), the current E10 is €-0.31 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 Melco Resorts and Entertainment (STU:MAS) Overvalued in 2026?

Based on GuruFocus' analysis, Melco Resorts and Entertainment stock appears to be undervalued. The current stock price of €4.80 is trading 33.8% below its estimated GF Value™ of €7.25. GuruFocus considers Melco Resorts and Entertainment to be Possible Value Trap.

Key valuation signals for STU:MAS:

  • E10: €-0.31
  • GF Value™: €7.25 vs. price of €4.80 (33.8% below fair value)
  • GF Score™: 75/100 with 4 warning signs

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


Melco Resorts and Entertainment Business Description

Address 60 Wyndham Street, 38th Floor, The Centrium, Central, Hong Kong, HKG
Melco Resorts & Entertainment is one of only six licensed casino operators in Macao. It operates Altira, a complex focused on premium customers; City of Dreams, an integrated resort in Cotai serving both mass-market and premium patrons; and Mocha Clubs' electronic gaming machines. The company also has a majority interest in Studio City, which opened in 2015. Outside Macao, Melco owns City of Dreams Manila in the Philippines and City of Dreams Mediterranean in Cyprus. The business mix in terms of adjusted EBITDA was about 84% from Macao, with the rest from overseas as of 2025.
75GF Score

Get the complete analysis for STU:MAS

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€4.80
Price
€7.25
GF Value