MGM Resorts International (FRA:MGG) ROCE %: 3.21% (As of Mar. 2026)


FRA:MGG MGM Resorts International FRA:MGG
80 GF Score
Price €42.60
GF Value €41.33
Valuation Fairly Valued
! 10 Warning Signs
View Full Analysis

What is MGM Resorts International ROCE %?

MGM Resorts International FRA:MGG +1.14% 80 ROCE % is 3.21% as of Mar. 2026. GuruFocus rates FRA:MGG with a GF Score™ of 80/100 and a GF Value™ of €41.33 (Fairly Valued). The stock has 10 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. MGM Resorts International's annualized ROCE % for the quarter that ended in Mar. 2026 was 3.21%.

MGM Resorts International  (FRA:MGG) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

MGM Resorts International ROCE % Related Terms

MGM Resorts International ROCE % Historical Data

* Premium members only.

The historical data trend for MGM Resorts International's ROCE % 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.

MGM Resorts International ROCE % Chart

MGM Resorts International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.50 3.93 4.74 4.08 1.72

MGM Resorts International Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 3.79 2.40 -1.21 2.14 3.21
FRA:MGG
80GF Score
MGM Resorts International FRA:MGG
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MGM Resorts International ROCE % Calculation

MGM Resorts International's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=597.647/( ( (40331.204 - 3200.857) + (35333.213 - 2999.339) )/ 2 )
=597.647/( (37130.347+32333.874)/ 2 )
=597.647/34732.1105
=1.72 %

MGM Resorts International's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=1048.164/( ( (35333.213 - 2999.339) + (35812.867 - 2935.442) )/ 2 )
=1048.164/( ( 32333.874 + 32877.425 )/ 2 )
=1048.164/32605.6495
=3.21 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 3.21% mean?
MGM Resorts International (FRA:MGG) has a ROCE % of 3.21% as of Mar. 2026.
Is MGM Resorts International's ROCE % too high?
MGM Resorts International's current ROCE % is 3.21%. The Travel & Leisure industry median ROCE % is 6.08. MGM Resorts International's value of 3.21% is 47.2% below this industry median. 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 ROCE % compare to WYNN and BYD?
MGM Resorts International's ROCE % of 3.21% can be compared against companies in the Travel & Leisure industry. The industry median ROCE % is 6.08. MGM Resorts International's value of 3.21% is 47.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Travel & Leisure company?
The median ROCE % among Travel & Leisure companies is 6.08, based on 838 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MGM Resorts International's current ROCE % of 3.21% is 47.2% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Travel & Leisure industry, the median ROCE % is 6.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MGM Resorts International's current ROCE % is 3.21%. 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 €41.33, compared to a current price of €42.60 — trading 3.1% above its estimated fair value. The current ROCE % is 3.21% and 47.2% below the Travel & Leisure industry median of 6.08. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For MGM Resorts International (FRA:MGG), the current ROCE % is 3.21% as of Mar. 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 3.1% above its estimated GF Value™ of €41.33. GuruFocus considers MGM Resorts International to be Fairly Valued.

Key valuation signals for FRA:MGG:

  • ROCE %: 3.21%
  • GF Value™: €41.33 vs. price of €42.60 (3.1% above fair value)
  • GF Score™: 80/100 with 10 warning signs
  • Industry Position: 47.2% below the Travel & Leisure median

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 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 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

Get the complete analysis for FRA:MGG

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€42.60
Price
€41.33
GF Value