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MGM (MGM Resorts International) PEG Ratio : 0.74 (As of Dec. 15, 2024)


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What is MGM Resorts International PEG Ratio?

PE Ratio without NRI / 5-Year EBITDA Growth Rate*

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The growth rate we use is the 5-Year EBITDA growth rate. As of today, MGM Resorts International's PE Ratio without NRI is 12.21. MGM Resorts International's 5-Year EBITDA growth rate is 16.60%. Therefore, MGM Resorts International's PEG Ratio for today is 0.74.

* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


The historical rank and industry rank for MGM Resorts International's PEG Ratio or its related term are showing as below:

MGM' s PEG Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.62   Max: 8.09
Current: 0.74


During the past 13 years, MGM Resorts International's highest PEG Ratio was 8.09. The lowest was 0.37. And the median was 1.62.


MGM's PEG Ratio is ranked better than
75.38% of 199 companies
in the Travel & Leisure industry
Industry Median: 1.67 vs MGM: 0.74

Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.


MGM Resorts International PEG Ratio Historical Data

The historical data trend for MGM Resorts International's PEG Ratio 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 Resorts International PEG Ratio Chart

MGM Resorts International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PEG Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.56 - - - -

MGM Resorts International Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PEG Ratio 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 - - - - -

Competitive Comparison of MGM Resorts International's PEG Ratio

For the Resorts & Casinos subindustry, MGM Resorts International's PEG Ratio, along with its competitors' market caps and PEG Ratio 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's PEG Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, MGM Resorts International's PEG Ratio distribution charts can be found below:

* The bar in red indicates where MGM Resorts International's PEG Ratio falls into.



MGM Resorts International PEG Ratio Calculation

PEG Ratio is defined as the PE Ratio without NRI divided by the growth ratio. The ratio we use is the 5-Year EBITDA growth rate.

MGM Resorts International's PEG Ratio for today is calculated as

PEG Ratio=PE Ratio without NRI/5-Year EBITDA Growth Rate*
=12.209498147524/16.60
=0.74

* 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.

* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.


MGM Resorts International  (NYSE:MGM) PEG Ratio Explanation

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.


MGM Resorts International PEG Ratio Related Terms

Thank you for viewing the detailed overview of MGM Resorts International's PEG Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


MGM Resorts International Business Description

Address
3600 Las Vegas Boulevard South, Las Vegas, NV, USA, 89109
MGM Resorts is the largest resort operator on the Las Vegas Strip with 35,000 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 62% of total EBITDAR in 2023. MGM also owns US regional assets, which represented a low 20s share of 2023 EBITDAR (MGM's Macao EBITDAR was 17% of the total in 2023). 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 new property that opened on the Cotai Strip in early 2018. We estimate MGM will open a resort in Japan in 2030.
Executives
Keith A. Meister director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Paul J Salem director 50 KENNEDY PLAZA, 18TH FLOOR, PROVIDENCE RI 02903
Jonathan S Halkyard officer: CHIEF FINANCIAL OFFICER DAVE & BUSTER'S ENTERTAINMENT, INC., 2481 MANANA DRIVE, DALLAS TX 75220
William Hornbuckle officer: Chief Marketing Officer 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Daniel J Taylor director 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Alexis Herman director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
John Mcmanus officer: SVP ASST GEN COUNSEL ASST SCY 3600 LAS VEGAS BLVD, S., EXECUTIVE OFFICES, LAS VEGAS NV 89119
Sanders Corey Ian officer: COO Core Brands 3950 LAS VEGAS BLVD., S., LAS VEGAS NV 89119
Ben Winston director 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109
Rose Mckinney-james director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
Gary M Fritz officer: President, Interactive C/O EXPEDIA INC., 333 108TH AVENUE NE, BELLEVUE WA 98004
Janet Swartz director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Ac/interactivecorp 10 percent owner 555 WEST 18TH STREET, NEW YORK NY 10011
Todd Meinert officer: SVP Financial Reporting 3600 LAS VEGAS BLVD. SOUTH, LAS VEGAS NV 89109