Discounted Cash Flow
Melco Resorts & Entertainment Ltd. ADR
—
—
⚠ Cash flow predictability 49/100 (moderate) —
FCF YoY std dev 52%,
net income 63% (full history)
Average annual growth rates
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
| Dividends | — | — | — |
Endpoint CAGR (better for long term trend)
| Metric | 10-Year | 5-Year | 3-Year |
|---|---|---|---|
| Sales | — | — | — |
| Free Cash Flow | — | — | — |
| Average (FCF & NI) | — | — | — |
| Net Income | — | — | — |
Projected growth rate
—
—
%
%
Historical inputs (10 fiscal years)
| YEAR | Sales | Net Income | Free Cash Flow | Net Margin | EPS (diluted) |
|---|---|---|---|---|---|
| 2016 | $559.5m | $21.8m | $137.3m | 3.9% | $0.12 |
| 2017 | $654.3m (16.9%) | $43.0m (97.3%) | $139.7m (1.7%) | 6.6% (68.7%) | $0.24 (103.4%) |
| 2018 | $638.6m (-2.4%) | $43.5m (1.3%) | $130.1m (-6.8%) | 6.8% (3.8%) | $0.24 (2.5%) |
| 2019 | $710.2m (11.2%) | $46.2m (6.2%) | $-6.1m (-104.7%) | 6.5% (-4.5%) | $0.26 (7.4%) |
| 2020 | $213.9m (-69.9%) | $-156.4m (-438.6%) | $-11.1m (-81.6%) | -73.1% (-1224.1%) | $-0.88 (-439.2%) |
| 2021 | $249.1m (16.5%) | $-100.5m (35.8%) | $-20.9m (-88.8%) | -40.3% (44.8%) | $-0.57 (35.8%) |
| 2022 | $167.1m (-32.9%) | $-115.2m (-14.6%) | $-78.9m (-277.9%) | -68.9% (-70.9%) | $-0.67 (-18.2%) |
| 2023 | $467.4m (179.7%) | $-40.5m (64.9%) | $-34.8m (55.9%) | -8.7% (87.4%) | $-0.25 (62.8%) |
| 2024 | $574.2m (22.9%) | $5.4m (113.3%) | $-39.9m (-14.6%) | 0.9% (110.8%) | $0.03 (113.7%) |
| 2025 | $639.2m (11.3%) | $22.9m (325.0%) | $-44.6m (-12.0%) | 3.6% (281.8%) | $0.15 (355.9%) |
Base FCF: — (latest fiscal year)
Discount rate: % —
Terminal growth: —
Projection period: — years
Alt A decline yrs:
Alt B total yrs:
SEC filings report in MOP. Values above are converted to USD for comparison with the US-listed share price.
Projected cash flows
| Year | Projected cash flow | Discount Factor | Present Value |
|---|
PV of projected FCF: —
Terminal FCF: —
Terminal value: —
PV of terminal value: —
Enterprise value (DCF): —
Net debt deduction: —
Current price: —
—Alternative DCF Models
| Model | Fair Value | Upside | PV(FCFs) | PV(Terminal) | Total Years |
|---|---|---|---|---|---|
| Standard (10yr→TV) | — | — | — | — | 10 + TV |
| Alt A (Gradual Decline) | — | — | — | — | — |
| Alt B (30yr Hard Stop) | — | — | — | N/A | — |
This is a simplified DCF model for illustration. It uses reported free cash flow, a single growth assumption, fixed WACC, and a Gordon Growth terminal value. It is not investment advice.