MGMMGM Resorts

$43.45

Is the price fair?

What MGM's price assumes

MGM Resorts trades at 26.8× earnings against 23.3× for the median Resorts & Casinos name, more expensive than its own group.

26.8

Trailing P/E · Resorts & Casinos median 23.3 · 1.15× the median: the market pays up for this one

Price / sales
0.54

Price / sales · as of 2026-Q1

Free cash flow yield
12%

Free cash flow yield · Resorts & Casinos median 7.0%

Growth the price implies
−6.7%

Growth the price implies · The price pays for −6.7% free cash flow growth a year for a decade; the business has delivered +8.1% a year over the last three.

Details
Price / book2026-Q1
3.94
EV / EBIT2026-Q1
14.9
EV / sales2026-Q1
0.77
Consumer Cyclical median P/E263 names
22.0
Resorts & Casinos median P/E12 names
23.3
Free cash flow, trailing twelve months
$1.49B
Market capitalisation
$12.0B
3-year revenue growth
+6.2%
3-year free cash flow growth
+8.1%
MGM has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 87.5× today against a 17.3× median
52-week range$30.72 – $50.69
Today$43.45

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.