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MGM China Holdings (MGM China Holdings) EV-to-EBIT : 15.76 (As of Apr. 28, 2024)


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What is MGM China Holdings EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, MGM China Holdings's Enterprise Value is $8,893 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 for today is 15.76.

The historical rank and industry rank for MGM China Holdings's EV-to-EBIT or its related term are showing as below:

MCHVF' s EV-to-EBIT Range Over the Past 10 Years
Min: -21.33   Med: 16.7   Max: 63.26
Current: 16.11

During the past 13 years, the highest EV-to-EBIT of MGM China Holdings was 63.26. The lowest was -21.33. And the median was 16.70.

MCHVF's EV-to-EBIT is ranked worse than
51.29% of 618 companies
in the Travel & Leisure industry
Industry Median: 15.775 vs MCHVF: 16.11

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. MGM China Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $7,319 Mil. MGM China Holdings's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $564 Mil. MGM China Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 7.71%.


MGM China Holdings EV-to-EBIT Historical Data

The historical data trend for MGM China Holdings's EV-to-EBIT 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 EV-to-EBIT Chart

MGM China Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.80 -16.66 -15.25 -15.98 13.09

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
EV-to-EBIT 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 -15.25 - -15.98 - 13.09

Competitive Comparison of MGM China Holdings's EV-to-EBIT

For the Resorts & Casinos subindustry, MGM China Holdings's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM China Holdings's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where MGM China Holdings's EV-to-EBIT falls into.



MGM China Holdings EV-to-EBIT Calculation

MGM China Holdings's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8892.513/564.23
=15.76

MGM China Holdings's current Enterprise Value is $8,893 Mil.
For company reported semi-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.

* 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) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

MGM China Holdings's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Dec. 2023 ) =EBIT / Enterprise Value (Q: Dec. 2023 )
=564.23/7319.319
=7.71 %

MGM China Holdings's Enterprise Value for the quarter that ended in Dec. 2023 was $7,319 Mil.
For company reported semi-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.

* 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 EV-to-EBIT Related Terms

Thank you for viewing the detailed overview of MGM China Holdings's EV-to-EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


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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