Discounted Cash Flow

Melco Resorts & Entertainment Ltd. ADR

MLCO · Based on 10 years of SEC filings

DCF estimate unavailable — No positive free cash flow in recent history — company has not generated positive FCF

Average annual growth rates

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income
Dividends

Average annual growth is the mean year-over-year change across each period.

Endpoint CAGR (better for long term trend)

Metric 10-Year 5-Year 3-Year
Sales
Free Cash Flow
Average (FCF & NI)
Net Income

Endpoint CAGR is the compound annual rate from the first to last year in each period.

Projections use average year-over-year growth. Change this in Settings.

Projected growth rate

Free cash flow growth
10-year: — 5-year: — 3-year: —
Averaged growth (FCF & NI)
10-year: — 5-year: — 3-year: —
Net income growth
10-year: — 5-year: — 3-year: —
Sales growth (not added to calculations)
10-year: — 5-year: — 3-year: —

Click a greyed-out slider to switch metrics. Slide between the 10-year, 5-year, and 3-year historic growth rates for FCF, net income, or their average.

%
%

Historical inputs (10 fiscal years)

YEAR Sales Net Income Free Cash Flow Net Margin EPS (diluted)
2016 $4.5b $175.9m $1.1b 3.9% $0.12
2017 $5.3b (16.9%) $347.0m (97.3%) $1.1b (1.7%) 6.6% (68.7%) $0.24 (103.4%)
2018 $5.2b (-2.4%) $351.5m (1.3%) $1.1b (-6.8%) 6.8% (3.8%) $0.24 (2.5%)
2019 $5.7b (11.2%) $373.2m (6.2%) $-49.2m (-104.7%) 6.5% (-4.5%) $0.26 (7.4%)
2020 $1.7b (-69.9%) $-1.3b (-438.6%) $-89.3m (-81.6%) -73.1% (-1224.1%) $-0.88 (-439.2%)
2021 $2.0b (16.5%) $-811.8m (35.8%) $-168.7m (-88.8%) -40.3% (44.8%) $-0.57 (35.8%)
2022 $1.3b (-32.9%) $-930.5m (-14.6%) $-637.5m (-277.9%) -68.9% (-70.9%) $-0.67 (-18.2%)
2023 $3.8b (179.7%) $-326.9m (64.9%) $-281.0m (55.9%) -8.7% (87.4%) $-0.25 (62.8%)
2024 $4.6b (22.9%) $43.5m (113.3%) $-321.9m (-14.6%) 0.9% (110.8%) $0.03 (113.7%)
2025 $5.2b (11.3%) $185.0m (325.0%) $-360.6m (-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:

Values abbreviated: b = billions, m = millions, k = thousands.

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):

DCF price per share:

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.

+ 10YR Financials Balance Sheet (10YR) Cash Flow (10YR) DCF Model

No positive free cash flow in recent history — company has not generated positive FCF

Once the company meets all DCF eligibility criteria (sufficient history, profitability, growth trends), an estimate will become available automatically. No action is needed.