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MGM Resorts InternationalFRA:MGG +1.65%82 EV-to-EBIT is 43.36 as of Aug. 13, 2026, which is 82% above its 10-year median of 23.80. GuruFocus rates FRA:MGG with a GF Score™ of 82/100 and a GF Value™ of €41.63 (Fairly Valued). The stock has 7 warning signs investors should review. Among 638 Travel & Leisure companies, MGM Resorts International ranks worse than 88.87% on this metric.
MGM Resorts International (FRA:MGG) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
MGM Resorts International's Enterprise Value for the quarter that ended in Jun. 2026 was €35,363 Mil.
MGM Resorts International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €784 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.
MGM Resorts International EV-to-EBIT Related Terms
MGM Resorts International EV-to-EBIT 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.
For the Resorts & Casinos subindustry, MGM Resorts International'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.
MGM Resorts International EV-to-EBIT vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's EV-to-EBIT falls into.
MGM Resorts International's current Enterprise Value is €33,983 Mil.
MGM Resorts International's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €784 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.
MGM Resorts International (FRA:MGG) has a EV-to-EBIT of 43.36 as of Aug. 13, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MGM Resorts International and its competitors. This is 82% above median its historical median of 23.80. According to the industry distribution chart, MGM Resorts International ranks #567 out of 638 companies in the Travel & Leisure industry, placing it in the top 88.9%.
Is MGM Resorts International's EV-to-EBIT too high?
MGM Resorts International's current EV-to-EBIT of 43.36 is 82% above median its 10-year median of 23.80. The Travel & Leisure industry median EV-to-EBIT is 14.40. MGM Resorts International's value of 43.36 is 201.2% above this industry median. Based on the distribution chart, MGM Resorts International ranks #567 out of 638 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. 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 EV-to-EBIT compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #567 out of 638 companies for EV-to-EBIT. This places MGM Resorts International in the lower half of its industry. The industry median EV-to-EBIT is 14.40. MGM Resorts International's value of 43.36 is 201.2% above this benchmark. While the company's 10-year median is 23.80 vs. the industry median of 14.40, MGM Resorts International has consistently been above 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 EV-to-EBIT for a Travel & Leisure company?
The median EV-to-EBIT among Travel & Leisure companies is 14.40, based on 638 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current EV-to-EBIT of 43.36 is 201.2% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on MGM Resorts International and its competitors. For the Travel & Leisure industry, the median EV-to-EBIT is 14.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current EV-to-EBIT is 43.36, which is 82% above median its own 10-year median of 23.80. 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 €41.63, compared to a current price of €38.09 — trading 8.5% below its estimated fair value. The current EV-to-EBIT is 43.36, which is 82% above median its 10-year median of 23.80 and 201.2% above the Travel & Leisure industry median of 14.40. MGM Resorts International's overall GF Score™ is 82/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current EV-to-EBIT is 43.36 as of Aug. 13, 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 €38.09 is trading 8.5% below its estimated GF Value™ of €41.63.
GuruFocus considers MGM Resorts International to be Fairly Valued.
Key valuation signals for FRA:MGG:
EV-to-EBIT: 43.36 (82% above median its 10-year median of 23.80)
GF Value™: €41.63 vs. price of €38.09 (8.5% below fair value)
Industry Position: 201.2% above the Travel & Leisure median (#567 of 638)
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 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
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