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MGM Resorts InternationalFRA:MGG -1.58%82 Equity-to-Asset is 0.06 as of Jun. 2026, which is 65% below its 10-year median of 0.17. GuruFocus rates FRA:MGG with a GF Score™ of 82/100 and a GF Value™ of €41.80 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 857 Travel & Leisure companies, MGM Resorts International ranks worse than 90.67% on this metric.
MGM Resorts International (FRA:MGG) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
MGM Resorts International Equity-to-Asset Related Terms
MGM Resorts International Equity-to-Asset 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: Equity-to-Asset Comparison
For the Resorts & Casinos subindustry, MGM Resorts International's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MGM Resorts International's Equity-to-Asset falls into.
MGM Resorts International Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
MGM Resorts International's Equity to Asset Ratio 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 Equity-to-Asset of 0.06 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MGM Resorts International and its competitors. This is 65% below median its historical median of 0.17. Over the past decade, MGM Resorts International's Equity-to-Asset has ranged from 0.06 to 0.26. According to the industry distribution chart, MGM Resorts International ranks #777 out of 857 companies in the Travel & Leisure industry, placing it in the top 90.7%.
Is MGM Resorts International's Equity-to-Asset too high?
MGM Resorts International's current Equity-to-Asset of 0.06 is 65% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.26. The Travel & Leisure industry median Equity-to-Asset is 0.51. MGM Resorts International's value of 0.06 is 88.2% below this industry median. Based on the distribution chart, MGM Resorts International ranks #777 out of 857 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 Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MGM Resorts International's Equity-to-Asset compare to WYNN and BYD?
According to the Travel & Leisure industry distribution chart, MGM Resorts International ranks #777 out of 857 companies for Equity-to-Asset. This places MGM Resorts International in the lower half of its industry. The industry median Equity-to-Asset is 0.51. MGM Resorts International's value of 0.06 is 88.2% below this benchmark. Historically, MGM Resorts International's own Equity-to-Asset has ranged from 0.06 to 0.26 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.51, MGM Resorts International 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 Equity-to-Asset for a Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current Equity-to-Asset of 0.06 is 88.2% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MGM Resorts International and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current Equity-to-Asset is 0.06, which is 65% below median its own 10-year median of 0.17. 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 Modestly Undervalued. The stock's GF Value™ is €41.80, compared to a current price of €36.64 — trading 12.3% below its estimated fair value. The current Equity-to-Asset is 0.06, which is 65% below median its 10-year median of 0.17 and 88.2% below the Travel & Leisure industry median of 0.51. MGM Resorts International's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current Equity-to-Asset is 0.06 as of Jun. 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 €36.64 is trading 12.3% below its estimated GF Value™ of €41.80.
GuruFocus considers MGM Resorts International to be Modestly Undervalued.
Key valuation signals for FRA:MGG:
Equity-to-Asset: 0.06 (65% below median its 10-year median of 0.17)
GF Value™: €41.80 vs. price of €36.64 (12.3% below fair value)
Industry Position: 88.2% below the Travel & Leisure median (#777 of 857)
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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