Wynn Macau (HKSE:01128) EBIT: HK$5,628 Mil (TTM As of Jun. 2026)

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HKSE:01128 Wynn Macau Ltd HKSE:01128
87 GF Score
Price HK$5.70
GF Value HK$7.13
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Wynn Macau EBIT?

Wynn Macau HKSE:01128 -0.35% 87 EBIT is HK$5,628 Mil as of Jun. 2026. GuruFocus rates HKSE:01128 with a GF Score™ of 87/100 and a GF Value™ of HK$7.13 (Modestly Undervalued). The stock has 7 warning signs investors should review.

Wynn Macau's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was HK$2,882 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was HK$5,628 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wynn Macau's annualized ROC % for the quarter that ended in Jun. 2026 was 14.64%. Wynn Macau's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 25.26%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wynn Macau's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 8.85%.


Wynn Macau  (HKSE:01128) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Wynn Macau's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=5008.952 * ( 1 - 1.89% )/( (34094.98 + 33038.049)/ 2 )
=4914.2828072/33566.5145
=14.64 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=40561.972 - 3832.15 - ( 11813.393 - max(0, 11423.935 - 14058.777+11813.393))
=34094.98

Invested Capital(Q: Jun. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=39487.727 - 3158.921 - ( 11545.457 - max(0, 10188.059 - 13478.816+11545.457))
=33038.049

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Wynn Macau's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=5763.262/( ( (22981.759 + max(-5321.597, 0)) + (22653.092 + max(-4302.352, 0)) )/ 2 )
=5763.262/( ( 22981.759 + 22653.092 )/ 2 )
=5763.262/22817.4255
=25.26 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1425.328 + 341.623 + 270.271) - (3832.15 + 0 + 3526.669)
=-5321.597

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1029.975 + 343.315 + 308.867) - (3158.921 + 0 + 2825.588)
=-4302.352

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Wynn Macau's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=5627.946/63605.184
=8.85 %

* 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.


Wynn Macau EBIT Related Terms


Wynn Macau EBIT Historical Data

* Premium members only.

The historical data trend for Wynn Macau's EBIT 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.

Wynn Macau EBIT Chart

Wynn Macau Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,937.44 -4,877.47 4,328.02 6,176.02 4,297.67

Wynn Macau Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
EBIT 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 3,148.28 3,027.74 1,551.35 2,746.32 2,881.63

HKSE:01128 vs LVS, MGM, WYNN: EBIT Comparison

For the Resorts & Casinos subindustry, Wynn Macau's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Wynn Macau EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Wynn Macau's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Wynn Macau's EV-to-EBIT falls into.


HKSE:01128
87GF Score
Wynn Macau Ltd HKSE:01128
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wynn Macau EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was HK$5,628 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of HK$5,628 Mil mean?
Wynn Macau (HKSE:01128) has a EBIT of HK$5,628 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wynn Macau.
Is Wynn Macau's EBIT too high?
Wynn Macau's current EBIT is HK$5,628 Mil. Overall, Wynn Macau has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wynn Macau's EBIT compare to LVS and MGM?
Wynn Macau's EBIT of HK$5,628 Mil 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 EBIT for a Travel & Leisure company?
A good EBIT depends on the Travel & Leisure industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wynn Macau. Wynn Macau's current EBIT is HK$5,628 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wynn Macau stock overvalued right now?
Based on GuruFocus' analysis, Wynn Macau (HKSE:01128) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$7.13, compared to a current price of HK$5.70 — trading 20.1% below its estimated fair value. The current EBIT is HK$5,628 Mil. Wynn Macau's overall GF Score™ is 87/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Wynn Macau (HKSE:01128), the current EBIT is HK$5,628 Mil 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 Wynn Macau (HKSE:01128) Overvalued in 2026?

Based on GuruFocus' analysis, Wynn Macau stock appears to be undervalued. The current stock price of HK$5.70 is trading 20.1% below its estimated GF Value™ of HK$7.13. GuruFocus considers Wynn Macau to be Modestly Undervalued.

Key valuation signals for HKSE:01128:

  • EBIT: HK$5,628 Mil
  • GF Value™: HK$7.13 vs. price of HK$5.70 (20.1% below fair value)
  • GF Score™: 87/100 with 7 warning signs

No single metric tells the full story. See the HKSE:01128 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wynn Macau Business Description

Address Avenida da Nave Desportiva, Wynn Palace, Cotai, MAC
Wynn Macau operates two integrated casino resorts in Macao, including Wynn Macau on the peninsula and Wynn Palace in Cotai. These properties feature with high-end hotels and brand-name stores, making Wynn an iconic high-end brand. Wynn Resorts has a 71% stake in Wynn Macau.
87GF Score

Get the complete analysis for HKSE:01128

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

HK$5.70
Price
HK$7.13
GF Value