MGM · MGM Resorts International

$36.682026-05-17

Sector: Consumer Cyclical; Industry: Gambling, Resorts & Casinos; Sub-Industry: Casinos & Gaming

Intrinsic Value Range Comparison · Mulya.ai

Leases factored

Very High Uncertainty

Bull

$342

+832.9% vs market

Base · active

$5

-86.2% vs market

Bear

$8

-79.5% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $8

Base $5

Market $37

Median $38

Bull $342

Market Price $37

Mulya.ai Base $5

Analysts Median $38

Mulya.ai IV range ($8 · $342)

Analysts Range ($33 · $62)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2021.Q4	$9.7B	—	63.6%	17.3%	$5.1B	−$47.4B	−$42.3B	9.7%	—	8.4%	$60.7B	$4.74	—
2022.Q4	$13.1B	35.6%	29.6%	45.0%	$2.1B	−$27.2B	−$25.0B	9.5%	—	4.4%	$37.1B	$5.56	—
2023.Q4	$16.2B	23.1%	31.6%	10.7%	$4.6B	−$38.1B	−$33.6B	10.0%	—	11.0%	$45.9B	$4.31	—
2024.Q4	$17.2B	6.7%	23.3%	4.7%	$3.8B	−$31.3B	−$27.5B	10.8%	—	9.2%	$37.5B	$2.82	—
2025.Q4	$17.5B	1.7%	15.4%	0.0%	$3.0B	−$20.8B	−$17.7B	9.9%	—	6.7%	$52.0B	$0.78	3.6
italics below = DCF projection · 10yr Rev CAGR: 3%
2026.Q4	$17.7B	+0.9%	41.7%	2.0%	$7.2B	−$26.1B	−$18.9B	8.2%	−$17.5B	11.1%	$78.1B	$3.74	9.8
2027.Q4	$18.0B	+1.5%	42.1%	4.0%	$7.3B	−$2.3B	$5.0B	8.3%	$4.2B	9.2%	$80.4B	$5.08	7.2
2028.Q4	$18.3B	+2.0%	42.5%	6.0%	$7.3B	−$1.6B	$5.8B	8.3%	$4.5B	9.0%	$82.0B	$6.44	5.7
2029.Q4	$18.9B	+3.1%	42.9%	8.0%	$7.5B	−$5.1B	$2.4B	8.3%	$1.7B	8.8%	$87.1B	$7.88	4.7
2030.Q4	$19.6B	+3.6%	43.8%	10.0%	$7.7B	−$4.8B	$2.9B	8.4%	$1.9B	8.6%	$91.9B	$10.77	3.4

Term. Yr+	$24.6B	4.1%	43.8%	20.0%	$8.6B	−$4.1B	$4.5B	8.6%	$44.8B	8.6%	—	—	—

Active scenario IV: $5 (-86.2% vs market)