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Meridian HoldingsMRDN +1.49%74 EV-to-OCF is 6.42 as of Aug. 15, 2026, which is 70% below its 10-year median of 21.64. GuruFocus rates MRDN with a GF Score™ of 74/100 and a GF Value™ of $25.12 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 855 Travel & Leisure companies, Meridian Holdings ranks better than 62.81% on this metric.
EV-to-OCF is calculated as enterprise value divided by its cash flow from operations. As of today, Meridian Holdings's Enterprise Value is $181.1 Mil.
Meridian Holdings's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jun. 2026 was $28.2 Mil. Therefore, Meridian Holdings's EV-to-OCF for today is 6.42.
The historical rank and industry rank for Meridian Holdings's EV-to-OCF or its related term are showing as below:
MRDN'
s EV-to-OCF Range Over the Past 10 Years
Min: -67.28 Med: 21.64 Max: 2162.95
Current: 6.42
During the past 13 years, the highest EV-to-OCF of Meridian Holdings was 2162.95. The lowest was -67.28. And the median was 21.64.
MRDN's EV-to-OCF is ranked better than 62.81% of 855
companies
in the Travel & Leisure industry
Industry Median: 9.22
vs MRDN: 6.42
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Meridian Holdings (NAS:MRDN) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.
Meridian Holdings's PE Ratio (TTM) for today is calculated as:
Meridian Holdings's share price for today is $14.30.
Meridian Holdings'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 $-6.740.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Meridian Holdings EV-to-OCF Related Terms
Meridian Holdings EV-to-OCF Historical Data
* Premium members only.
The historical data trend for Meridian Holdings's EV-to-OCF 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.
For the Gambling subindustry, Meridian Holdings's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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.
Meridian Holdings EV-to-OCF vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Meridian Holdings's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Meridian Holdings's EV-to-OCF falls into.
Meridian Holdings's current Enterprise Value is $181.1 Mil.
Meridian Holdings's Cash Flow from Operations 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 $28.2 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.
Meridian Holdings (MRDN) has a EV-to-OCF of 6.42 as of Aug. 15, 2026. This is 70% below median its historical median of 21.64. According to the industry distribution chart, Meridian Holdings ranks #318 out of 855 companies in the Travel & Leisure industry, placing it in the top 37.2%.
Is Meridian Holdings' EV-to-OCF too high?
Meridian Holdings' current EV-to-OCF of 6.42 is 70% below median its 10-year median of 21.64. The Travel & Leisure industry median EV-to-OCF is 9.22. Meridian Holdings' value of 6.42 is 30.4% below this industry median. Based on the distribution chart, Meridian Holdings ranks #318 out of 855 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Meridian Holdings has a GF Score™ of 74/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Meridian Holdings' EV-to-OCF compare to INSE and ROLR?
According to the Travel & Leisure industry distribution chart, Meridian Holdings ranks #318 out of 855 companies for EV-to-OCF. This puts Meridian Holdings in the upper half of its industry. The industry median EV-to-OCF is 9.22. Meridian Holdings' value of 6.42 is 30.4% below this benchmark. While the company's 10-year median is 21.64 vs. the industry median of 9.22, Meridian Holdings has consistently been below 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-OCF for a Travel & Leisure company?
The median EV-to-OCF among Travel & Leisure companies is 9.22, based on 855 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Meridian Holdings's current EV-to-OCF of 6.42 is 30.4% below 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-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median EV-to-OCF is 9.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meridian Holdings's current EV-to-OCF is 6.42, which is 70% below median its own 10-year median of 21.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meridian Holdings stock overvalued right now?
Based on GuruFocus' analysis, Meridian Holdings (MRDN) is currently considered Possible Value Trap. The stock's GF Value™ is $25.12, compared to a current price of $14.30 — trading 43.1% below its estimated fair value. The current EV-to-OCF is 6.42, which is 70% below median its 10-year median of 21.64 and 30.4% below the Travel & Leisure industry median of 9.22. Meridian Holdings' overall GF Score™ is 74/100 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-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Meridian Holdings (MRDN), the current EV-to-OCF is 6.42 as of Aug. 15, 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 Meridian Holdings (MRDN) Overvalued in 2026?
Based on GuruFocus' analysis, Meridian Holdings stock appears to be undervalued.
The current stock price of $14.30 is trading 43.1% below its estimated GF Value™ of $25.12.
GuruFocus considers Meridian Holdings to be Possible Value Trap.
Key valuation signals for MRDN:
EV-to-OCF: 6.42 (70% below median its 10-year median of 21.64)
GF Value™: $25.12 vs. price of $14.30 (43.1% below fair value)
Industry Position: 30.4% below the Travel & Leisure median (#318 of 855)
No single metric tells the full story. See the MRDN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meridian Holdings Inc is engaged in the online gaming and betting business, providing sports betting, online casino, and gaming operations across multiple jurisdictions in Europe, Africa, and Central and South America. The company has three reportable segments: MeridianBet Group, GMAG, and RKings & CFAC. The MeridianBet Group segment includes retail and online sports betting, casinos, and related gaming operations. The GMAG segment focuses on the resale of third-party gaming content, mainly serving customers in the Asia-Pacific region. The RKings & CFAC segment is involved in pay-to-enter prize competitions and trade promotions conducted in the United Kingdom and Australia. It generates the majority of its revenue from the MeridianBet Group segment.
74GF Score
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