With a price/earnings ratio of 2.93, MGM Resorts International P/E ratio is greater than that of about only 6.04% of stocks in our set with positive earnings.
Of note is the ratio of MGM Resorts International's sales and general administrative expense to its total operating expenses; 99.8% of US stocks have a lower such ratio.
MGM Resorts International's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 91.94%, greater than the shareholder yield of 94.76% of stocks in our set.
Stocks that are quantitatively similar to MGM, based on their financial statements, market capitalization, and price volatility, are DAR, LAUR, KMX, TV, and CCK.
MGM's SEC filings can be seen here. And to visit MGM Resorts International's official web site, go to www.mgmresorts.com.
MGM Resorts operates 15 wholly owned resorts in the United States, MGM Macau resort and casino in China, as well as develops a gaming resort in Cotai, Macau. The company was founded in 1986 and is based in Las Vegas, Nevada.
MGM Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for MGM Resorts International with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that MGM Resorts International ranked in the 67th percentile in terms of potential gain offered. Moreover, under all the scenarios we modelled, the output consistently forecasted positive returns. In terms of the factors that were most noteworthy in this DCF analysis for MGM, they are:
The company has produced more trailing twelve month cash flow than 87.84% of its sector Consumer Cyclical.
31% of the company's capital comes from equity, which is greater than just 18.2% of stocks in our cash flow based forecasting set.
MGM Resorts International's weighted average cost of capital (WACC) is 6%; for context, that number is higher than only 2.2% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of MGM Resorts International? See ALSN, F, LB, AN, and LCII.