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MGM Resorts InternationalFRA:MGG +3.19%82 EV-to-EBITDA is 19.97 as of Aug. 06, 2026, which is 51% above its 10-year median of 13.20. GuruFocus rates FRA:MGG with a GF Score™ of 82/100 and a GF Value™ of €40.82 (Fairly Valued). The stock has 8 warning signs investors should review. Among 698 Travel & Leisure companies, MGM Resorts International ranks worse than 78.37% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, MGM Resorts International's enterprise value is €34,295 Mil.
MGM Resorts International's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was €1,717 Mil. Therefore, MGM Resorts International's EV-to-EBITDA for today is 19.97.
The historical rank and industry rank for MGM Resorts International's EV-to-EBITDA or its related term are showing as below:
FRA:MGG'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -42.97 Med: 13.2 Max: 111.6
Current: 19.87
During the past 13 years, the highest EV-to-EBITDA of MGM Resorts International was 111.60. The lowest was -42.97. And the median was 13.20.
FRA:MGG's EV-to-EBITDA is ranked worse than 78.37% of 698
companies
in the Travel & Leisure industry
Industry Median: 9.835
vs FRA:MGG: 19.87
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
MGM Resorts International (FRA:MGG) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
MGM Resorts International's PE Ratio (TTM) for today is calculated as:
MGM Resorts International's share price for today is €39.80.
MGM Resorts International's Earnings per Share (Diluted) 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 €1.431.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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.
FRA:MGG vs WYNN, BYD, CZR: EV-to-EBITDA Comparison
For the Resorts & Casinos subindustry, MGM Resorts International's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's EV-to-EBITDA falls into.
MGM Resorts International's current Enterprise Value is €34,295 Mil.
MGM Resorts International's EBITDA 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 €1,717 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-EBITDA of 19.97 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MGM Resorts International. This is 51% above median its historical median of 13.20. According to the industry distribution chart, MGM Resorts International ranks #547 out of 698 companies in the Travel & Leisure industry, placing it in the top 78.4%.
Is MGM Resorts International's EV-to-EBITDA too high?
MGM Resorts International's current EV-to-EBITDA of 19.97 is 51% above median its 10-year median of 13.20. The Travel & Leisure industry median EV-to-EBITDA is 9.84. MGM Resorts International's value of 19.97 is 103.1% above this industry median. Based on the distribution chart, MGM Resorts International ranks #547 out of 698 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-EBITDA compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #547 out of 698 companies for EV-to-EBITDA. This places MGM Resorts International in the lower half of its industry. The industry median EV-to-EBITDA is 9.84. MGM Resorts International's value of 19.97 is 103.1% above this benchmark. While the company's 10-year median is 13.20 vs. the industry median of 9.84, 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-EBITDA for a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.84, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current EV-to-EBITDA of 19.97 is 103.1% 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-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on MGM Resorts International. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current EV-to-EBITDA is 19.97, which is 51% above median its own 10-year median of 13.20. 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 €40.82, compared to a current price of €39.80 — trading 2.5% below its estimated fair value. The current EV-to-EBITDA is 19.97, which is 51% above median its 10-year median of 13.20 and 103.1% above the Travel & Leisure industry median of 9.84. MGM Resorts International's overall GF Score™ is 82/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current EV-to-EBITDA is 19.97 as of Aug. 06, 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 €39.80 is trading 2.5% below its estimated GF Value™ of €40.82.
GuruFocus considers MGM Resorts International to be Fairly Valued.
Key valuation signals for FRA:MGG:
EV-to-EBITDA: 19.97 (51% above median its 10-year median of 13.20)
GF Value™: €40.82 vs. price of €39.80 (2.5% below fair value)
Industry Position: 103.1% above the Travel & Leisure median (#547 of 698)
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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EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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