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MGM China Holdings (MGM China Holdings) Enterprise Value : $9,015 Mil (As of May. 01, 2024)


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What is MGM China Holdings Enterprise Value?

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 China Holdings's Enterprise Value is $9,015 Mil. MGM China Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $564 Mil. Therefore, MGM China Holdings's EV-to-EBIT ratio for today is 15.98.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, MGM China Holdings's Enterprise Value is $9,015 Mil. MGM China Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $805 Mil. Therefore, MGM China Holdings's EV-to-EBITDA ratio for today is 11.19.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, MGM China Holdings's Enterprise Value is $9,015 Mil. MGM China Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,157 Mil. Therefore, MGM China Holdings's EV-to-Revenue ratio for today is 2.86.


MGM China Holdings Enterprise Value Historical Data

The historical data trend for MGM China Holdings's Enterprise Value 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.

* Premium members only.

MGM China Holdings Enterprise Value Chart

MGM China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,122.83 8,819.26 4,710.90 7,527.61 7,319.32

MGM China Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Enterprise Value 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 4,710.90 5,093.65 7,527.61 7,484.02 7,319.32

Competitive Comparison of MGM China Holdings's Enterprise Value

For the Resorts & Casinos subindustry, MGM China Holdings'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 China Holdings's Enterprise Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's Enterprise Value distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's Enterprise Value falls into.



MGM China Holdings 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 China Holdings's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

MGM China Holdings's Enterprise Value for the quarter that ended in Dec. 2023 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 China Holdings  (OTCPK:MCHVF) 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 China Holdings's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=9015.004/564.23
=15.98

MGM China Holdings's current Enterprise Value is $9,015 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MGM China Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $564 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

MGM China Holdings's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=9015.004/805.373
=11.19

MGM China Holdings's current Enterprise Value is $9,015 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MGM China Holdings's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $805 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

MGM China Holdings's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=9015.004/3156.633
=2.86

MGM China Holdings's current Enterprise Value is $9,015 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. MGM China Holdings's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $3,157 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 China Holdings Enterprise Value Related Terms

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MGM China Holdings (MGM China Holdings) Business Description

Traded in Other Exchanges
Address
Avenida Dr. Sun Yat Sen, Edificio MGM MACAU NAPE, Macao, MAC
MGM China is one of six casino license holders in Macao and operates two integrated resorts: the MGM Macau casino in the Macao Peninsula and MGM Cotai. The company is allowed to operate 750 gaming tables during its new 10-year concession period of 2023-32.

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