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Melco Resorts and Entertainment's Enterprise Value for the quarter that ended in Mar. 2026 was €7,370 Mil.
Melco Resorts and Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €560 Mil. Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 7.40%.
The historical rank and industry rank for Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
STU:MAS'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.78 Med: -0.14 Max: 7.72
Current: 7.72
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Melco Resorts and Entertainment was 7.72%. The lowest was -8.78%. And the median was -0.14%.
STU:MAS's Earnings Yield (Joel Greenblatt) % is ranked better than 67.91% of 860
companies
in the Travel & Leisure industry
Industry Median: 4.685
vs STU:MAS: 7.72
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Melco Resorts and Entertainment's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Melco Resorts and Entertainment (STU:MAS) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* 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 Earnings Yield (Joel Greenblatt) % Chart
For the Resorts & Casinos subindustry, Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) % falls into.
Melco Resorts and Entertainment Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Melco Resorts and Entertainments Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Melco Resorts and Entertainment's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €560 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 7.40% mean?
Melco Resorts and Entertainment (STU:MAS) has a Earnings Yield (Joel Greenblatt) % of 7.40% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Melco Resorts and Entertainment and its competitors. According to the industry distribution chart, Melco Resorts and Entertainment ranks #276 out of 860 companies in the Travel & Leisure industry, placing it in the top 32.1%.
Is Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) % too high?
Melco Resorts and Entertainment's current Earnings Yield (Joel Greenblatt) % is 7.40%. The Travel & Leisure industry median Earnings Yield (Joel Greenblatt) % is 4.69. Melco Resorts and Entertainment's value of 7.40% is 58% above this industry median. Based on the distribution chart, Melco Resorts and Entertainment ranks #276 out of 860 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Melco Resorts and Entertainment has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Melco Resorts and Entertainment's Earnings Yield (Joel Greenblatt) % compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Melco Resorts and Entertainment ranks #276 out of 860 companies for Earnings Yield (Joel Greenblatt) %. This puts Melco Resorts and Entertainment in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.69. Melco Resorts and Entertainment's value of 7.40% is 58% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Travel & Leisure company?
The median Earnings Yield (Joel Greenblatt) % among Travel & Leisure companies is 4.69, based on 860 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Melco Resorts and Entertainment's current Earnings Yield (Joel Greenblatt) % of 7.40% is 58% above 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 Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Melco Resorts and Entertainment and its competitors. For the Travel & Leisure industry, the median Earnings Yield (Joel Greenblatt) % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Melco Resorts and Entertainment's current Earnings Yield (Joel Greenblatt) % is 7.40%. 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 Modestly Undervalued. The stock's GF Value™ is €6.35, compared to a current price of €4.76 — trading 25% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 7.40% and 58% above the Travel & Leisure industry median of 4.69. 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 Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Melco Resorts and Entertainment (STU:MAS), the current Earnings Yield (Joel Greenblatt) % is 7.40% 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 €4.76 is trading 25% below its estimated GF Value™ of €6.35.
GuruFocus considers Melco Resorts and Entertainment to be Modestly Undervalued.
Key valuation signals for STU:MAS:
Earnings Yield (Joel Greenblatt) %: 7.40%
GF Value™: €6.35 vs. price of €4.76 (25% below fair value)
Industry Position: 58% above the Travel & Leisure median (#276 of 860)
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
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
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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