MGM China Holdings Ltd
F:M04
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EV/EBIT
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Enterprise Value to EBIT (EV/EBIT) ratio compares a company`s total enterprise value to its earnings before interest and taxes. It shows how much investors are paying for each dollar of the company`s earnings, including both equity and debt.
Valuation Scenarios
If EV/EBIT returns to its 3-Year Average (9), the stock would be worth €1.38 (15% upside from current price).
| Scenario | EV/EBIT Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 7.9 | €1.2 |
0%
|
| 3-Year Average | 9 | €1.38 |
+15%
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| Industry Average | 2.4 | €0.37 |
-69%
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| Country Average | 2.4 | €0.37 |
-69%
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Forward EV/EBIT
Today’s price vs future ebit
| Today's Enterprise Value | EBIT | Forward EV/EBIT | ||
|---|---|---|---|---|
|
€52.3B
|
/ |
Jan 2026
HK$6.8B
|
= |
|
|
€52.3B
|
/ |
Dec 2026
HK$6.6B
|
= |
|
|
€52.3B
|
/ |
Dec 2027
HK$6.9B
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= |
|
Forward EV/EBIT shows whether today’s EV/EBIT still looks high or low once future ebit are taken into account.
Peer Comparison
| Market Cap | EV/EBIT | P/E | ||||
|---|---|---|---|---|---|---|
| MO |
|
MGM China Holdings Ltd
F:M04
|
42.8B EUR | 7.9 | 8.4 | |
| US |
|
Las Vegas Sands Corp
NYSE:LVS
|
38.4B USD | 15 | 21.5 | |
| AU |
|
Aristocrat Leisure Ltd
ASX:ALL
|
29.5B AUD | 14.9 | 18 | |
| HK |
|
Galaxy Entertainment Group Ltd
HKEX:27
|
149.8B HKD | 14 | 14.1 | |
| IE |
|
Flutter Entertainment PLC
LSE:FLTR
|
13.8B GBP | 40.2 | -44.6 | |
| MO |
|
Sands China Ltd
HKEX:1928
|
138.6B HKD | 17.4 | 19.8 | |
| SE |
|
Evolution AB (publ)
STO:EVO
|
123.7B SEK | 8.5 | 10.8 | |
| GR |
O
|
Organization of Football Prognostics SA
ATHEX:ALWN
|
9.6B EUR | 13.7 | 19.9 | |
| US |
|
DraftKings Inc
NASDAQ:DKNG
|
11.1B USD | -1 079.9 | 2 950.7 | |
| US |
|
Wynn Resorts Ltd
NASDAQ:WYNN
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11.1B USD | 17.4 | 33.4 | |
| ZA |
S
|
Sun International Ltd
JSE:SUI
|
10.8B ZAR | 6.1 | 6.7 |
Market Distribution
| Min | 0.7 |
| 30th Percentile | 0.7 |
| Median | 2.4 |
| 70th Percentile | 9.7 |
| Max | 1 433 |
Other Multiples
MGM China Holdings Ltd
Glance View
MGM China Holdings Ltd., a prominent player in Macau's flourishing gaming industry, operates as a subsidiary of MGM Resorts International, leveraging the parent company's long-standing expertise in the entertainment and hospitality sectors. The company is strategically focused on the development and operation of casino gaming facilities, alongside integrated resort experiences that highlight luxury accommodations, high-end shopping, fine dining, and entertainment venues. At its core, MGM China's revenue-generating machine revolves around its flagship resort, MGM Macau, and its notable expansion project, MGM Cotai, both situated in the glitzy Cotai Strip. This enables it to attract a continual stream of high-stakes gamblers and leisure tourists alike, feeding into both the mass market and VIP gaming segments. The firm's prowess lies not only in the dazzling allure of its gaming tables and slot machines but also in the diversified non-gaming offerings that create a holistic experience, encouraging longer stays and increased spending per visitor. Beyond the gaming floors, MGM China capitalizes on consumer demand for luxury through its opulent hotels and personalized hospitality services, earning a robust reputation in the competitive Macau landscape. Furthermore, by blending traditional Chinese cultural elements with modern entertainment, the company positions itself as a multifaceted destination catering to diverse customer preferences. With a keen eye on customer service and innovative marketing approaches, MGM China continues to secure its place as a leading light in one of the world's most lucrative gaming markets.