Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MGM Resorts International's Enterprise Value is €37,418 Mil.
MGM Resorts International's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €544 Mil. Therefore, MGM Resorts International's EV-to-EBIT ratio for today is 68.83.
*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.
MGM Resorts International (FRA:MGG) Enterprise Value Explanation
When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.
If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.
The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.
For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.
Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.
1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.
MGM Resorts International's EV-to-EBIT for today is
MGM Resorts International's current Enterprise Value is €37,418 Mil.
MGM Resorts International'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 €544 Mil.
2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.
MGM Resorts International's EV-to-EBITDA for today is:
MGM Resorts International's current Enterprise Value is €37,418 Mil.
MGM Resorts International's EBITDA 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 €1,442 Mil.
MGM Resorts International's current Enterprise Value is €37,418 Mil.
MGM Resorts International's Revenue 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 €15,227 Mil.
MGM Resorts International's current Enterprise Value is €37,418 Mil.
MGM Resorts International's Cash Flow from Operations 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 €2,191 Mil.
MGM Resorts International's current Enterprise Value is €37,418 Mil.
MGM Resorts International's Free Cash Flow 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 €1,336 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 Enterprise Value Related Terms
MGM Resorts International Enterprise Value 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.
FRA:MGG vs WYNN, BYD, CZR: Enterprise Value Comparison
For the Resorts & Casinos subindustry, MGM Resorts International's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Enterprise Value distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Enterprise Value falls into.
MGM Resorts International Enterprise Value Calculation
Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.
MGM Resorts International's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Enterprise Value of €37,418 Mil as of Jun. 28, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MGM Resorts International and its competitors.
Is MGM Resorts International's Enterprise Value too high?
MGM Resorts International's current Enterprise Value is €37,418 Mil. Overall, MGM Resorts International has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Enterprise Value compare to WYNN and BYD?
MGM Resorts International's Enterprise Value of €37,418 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 Enterprise Value for a Travel & Leisure company?
A good Enterprise Value depends on the Travel & Leisure industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on MGM Resorts International and its competitors. MGM Resorts International's current Enterprise Value is €37,418 Mil. 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 €40.64, compared to a current price of €42.60 — trading 4.8% above its estimated fair value. The current Enterprise Value is €37,418 Mil. MGM Resorts International's overall GF Score™ is 80/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current Enterprise Value is €37,418 Mil as of Jun. 28, 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 overvalued.
The current stock price of €42.60 is trading 4.8% above its estimated GF Value™ of €40.64.
GuruFocus considers MGM Resorts International to be Fairly Valued.
Key valuation signals for FRA:MGG:
Enterprise Value: €37,418 Mil
GF Value™: €40.64 vs. price of €42.60 (4.8% above fair value)
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.
80GF Score
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