Melco Historical Financial Ratios
| MLCO Stock | USD 6.06 0.01 0.17% |
Melco Resorts is lately reporting on over 100 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Free Cash Flow Yield of 0.0969 will help investors to properly organize and evaluate Melco Resorts Entert financial condition quickly.
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About Melco Financial Ratios Analysis
Melco Resorts EntertFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Melco Resorts investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Melco financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Melco Resorts history.
Melco Resorts Financial Ratios Chart
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Price To Sales Ratio
Price to Sales Ratio is figured by comparing Melco Resorts Entert stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Melco Resorts sales, a figure that is much harder to manipulate than other Melco Resorts Entertainment multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Melco Resorts Entertainment dividend as a percentage of Melco Resorts stock price. Melco Resorts Entert dividend yield is a measure of Melco Resorts stock productivity, which can be interpreted as interest rate earned on an Melco Resorts investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ev To Sales
The Enterprise Value to Sales ratio, a valuation metric used to compare the value of a company, including debt and excluding cash, to its sales revenue.Return On Equity
Return on Equity is the amount of Melco Resorts Entert net income returned as a percentage of Melco Resorts equity. Return on equity measures Melco Resorts profitability by revealing how much profit Melco Resorts Entertainment generates with the money shareholders have invested. A measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity.Most ratios from Melco Resorts' fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Melco Resorts Entert current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. At this time, Melco Resorts' Capex To Operating Cash Flow is very stable compared to the past year. As of the 22nd of November 2024, PFCF Ratio is likely to grow to 11.37, while Price To Sales Ratio is likely to drop 0.98.
| 2021 | 2023 | 2024 (projected) | Dividend Yield | 3.7E-5 | 8.1E-5 | 7.7E-5 | Price To Sales Ratio | 2.42 | 1.03 | 0.98 |
Melco Resorts fundamentals Correlations
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Melco Resorts Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Melco Resorts fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 2.02 | 5.12 | 2.42 | 3.95 | 1.03 | 0.98 | |
| Dividend Yield | 0.0307 | 0.026 | 0.008935 | 3.7E-5 | 8.1E-5 | 7.7E-5 | |
| Ptb Ratio | 4.75 | 8.03 | 19.88 | (6.27) | (3.02) | (2.87) | |
| Days Sales Outstanding | 18.12 | 27.38 | 9.95 | 15.31 | 8.94 | 8.49 | |
| Book Value Per Share | 6.56 | 3.85 | 1.72 | (0.68) | (1.92) | (1.82) | |
| Free Cash Flow Yield | 0.0334 | (0.15) | (0.19) | (0.23) | 0.0923 | 0.0969 | |
| Operating Cash Flow Per Share | 1.75 | (1.8) | (0.56) | (1.34) | 1.42 | 1.49 | |
| Stock Based Compensation To Revenue | 0.005543 | 0.0315 | 0.0338 | 0.0532 | 0.009396 | 0.0084 | |
| Capex To Depreciation | 0.69 | 0.75 | 1.17 | 1.19 | 0.51 | 0.48 | |
| Pb Ratio | 4.75 | 8.03 | 19.88 | (6.27) | (3.02) | (2.87) | |
| Ev To Sales | 2.61 | 7.64 | 5.09 | 9.06 | 2.74 | 2.6 | |
| Free Cash Flow Per Share | 0.81 | (2.78) | (1.98) | (2.68) | 0.82 | 0.86 | |
| Roic | 0.11 | (0.14) | (0.0845) | (0.0981) | 0.0108 | 0.0155 | |
| Inventory Turnover | 82.76 | 41.27 | 50.42 | 40.26 | 97.99 | 145.98 | |
| Net Income Per Share | 0.78 | (3.05) | (2.0) | (2.37) | (0.75) | (0.71) | |
| Days Of Inventory On Hand | 4.41 | 8.84 | 7.24 | 9.07 | 3.73 | 3.54 | |
| Payables Turnover | 166.25 | 162.23 | 248.96 | 158.02 | 245.35 | 152.57 | |
| Sales General And Administrative To Revenue | 0.11 | 0.28 | 0.24 | 0.31 | 0.13 | 0.2 | |
| Research And Ddevelopement To Revenue | 0.01 | 0.0148 | 0.0152 | 3.18E-4 | 2.87E-4 | 2.72E-4 | |
| Capex To Revenue | 0.12 | 0.0784 | 0.27 | 0.46 | 0.0699 | 0.0664 | |
| Cash Per Share | 3.02 | 3.68 | 3.46 | 3.91 | 2.99 | 1.94 | |
| Pocfratio | 13.84 | (10.28) | (18.11) | (8.61) | 6.24 | 5.93 | |
| Interest Coverage | 2.41 | (2.76) | (1.65) | (1.97) | 0.13 | 0.12 | |
| Payout Ratio | 0.77 | 0.81 | (0.0544) | (1.79E-4) | (9.6E-4) | (9.12E-4) | |
| Capex To Operating Cash Flow | 0.58 | 0.54 | (0.54) | (2.53) | (1.0) | 0.42 | |
| Pfcf Ratio | 29.97 | (6.68) | (5.13) | (4.3) | 10.83 | 11.37 | |
| Days Payables Outstanding | 2.2 | 2.25 | 1.47 | 2.31 | 1.49 | 1.41 | |
| Income Quality | 2.12 | 0.59 | 0.28 | 0.56 | (1.9) | (1.81) | |
| Ev To Operating Cash Flow | 17.93 | (15.33) | (38.13) | (19.75) | 16.61 | 15.78 | |
| Pe Ratio | 31.01 | (6.09) | (5.09) | (4.86) | (11.89) | (11.29) | |
| Return On Tangible Assets | 0.044 | (0.18) | (0.12) | (0.13) | (0.0444) | (0.0422) | |
| Ev To Free Cash Flow | 38.83 | (9.96) | (10.81) | (9.85) | 28.83 | 30.27 | |
| Earnings Yield | 0.0322 | (0.16) | (0.2) | (0.21) | (0.0841) | (0.0799) | |
| Net Debt To E B I T D A | 2.55 | (8.46) | (153.86) | (32.94) | 7.91 | 8.31 | |
| Current Ratio | 1.24 | 1.8 | 1.83 | 1.73 | 1.4 | 1.34 | |
| Receivables Turnover | 20.15 | 13.33 | 36.67 | 23.84 | 40.84 | 42.88 | |
| Graham Number | 9.45 | 12.58 | 4.8 | 9.88 | 7.02 | 5.65 |
Pair Trading with Melco Resorts
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Melco Resorts position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Melco Resorts will appreciate offsetting losses from the drop in the long position's value.Moving against Melco Stock
| 0.78 | PNST | Pinstripes Holdings Symbol Change | PairCorr |
| 0.68 | MOND | Mondee Holdings | PairCorr |
| 0.63 | BTBDW | BT Brands Warrant | PairCorr |
| 0.42 | XPOF | Xponential Fitness Downward Rally | PairCorr |
The ability to find closely correlated positions to Melco Resorts could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Melco Resorts when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Melco Resorts - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Melco Resorts Entertainment to buy it.
The correlation of Melco Resorts is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Melco Resorts moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Melco Resorts Entert moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Melco Resorts can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Melco Resorts Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Is Hotels, Restaurants & Leisure space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Melco Resorts. If investors know Melco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Melco Resorts listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 7.797 | Earnings Share (0.32) | Revenue Per Share 10.403 | Quarterly Revenue Growth 0.155 | Return On Assets 0.0375 |
The market value of Melco Resorts Entert is measured differently than its book value, which is the value of Melco that is recorded on the company's balance sheet. Investors also form their own opinion of Melco Resorts' value that differs from its market value or its book value, called intrinsic value, which is Melco Resorts' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Melco Resorts' market value can be influenced by many factors that don't directly affect Melco Resorts' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Melco Resorts' value and its price as these two are different measures arrived at by different means. Investors typically determine if Melco Resorts is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Melco Resorts' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.