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MGM China Holdings Limited

2282.HKHKSE
Consumer Cyclical
Gambling, Resorts & Casinos
HK$11.02
HK$-0.05(-0.45%)
Hong Kong Market is Open • 14:44

MGM China Holdings Limited Fundamental Analysis

MGM China Holdings Limited (2282.HK) shows moderate financial fundamentals with a PE ratio of 8.50, profit margin of 18.91%, and ROE of 1.95%. The company generates $26.8B in annual revenue with weak year-over-year growth of -38.08%.

Key Strengths

Operating Margin25.13%
Cash Position10.19%
PEG Ratio0.48

Areas of Concern

ROE1.95%
Current Ratio0.54
We analyze 2282.HK's fundamental strength across five key dimensions.

The stock receives a Fundamental Health Score of 1.1/100 based on profitability, valuation, growth, and balance sheet metrics. The F grade reflects weak fundamentals and significant financial concerns.

Fundamental Health Score

F
1.1/100

We analyze 2282.HK's fundamental strength across five key dimensions:

Efficiency Score

Excellent

2282.HK demonstrates superior asset utilization.

ROA > 10%
17.10%

Valuation Score

Excellent

2282.HK trades at attractive valuation levels.

PE < 25
8.50
PEG Ratio < 2
0.48

Growth Score

Moderate

2282.HK shows steady but slowing expansion.

Revenue Growth > 5%
-38.08%
EPS Growth > 10%
10.74%

Financial Health Score

Weak

2282.HK carries high financial risk with limited liquidity.

Debt/Equity < 1
5.90
Current Ratio > 1
0.54

Profitability Score

Excellent

2282.HK achieves industry-leading margins.

ROE > 15%
194.66%
Net Margin ≥ 15%
18.91%
Positive Free Cash Flow
Yes

Key Financial Metrics

Is 2282.HK Expensive or Cheap?

P/E Ratio

2282.HK trades at 8.50 times earnings. This suggests potential undervaluation.

8.50

PEG Ratio

When adjusting for growth, 2282.HK's PEG of 0.48 indicates potential undervaluation.

0.48

Price to Book

The market values MGM China Holdings Limited at 13.28 times its book value. This suggests the stock is fully valued or overvalued on an asset basis.

13.28

EV/EBITDA

Enterprise value stands at 3.18 times EBITDA. This is generally considered low.

3.18

How Well Does 2282.HK Make Money?

Net Profit Margin

For every $100 in sales, MGM China Holdings Limited keeps $18.91 as profit after all expenses.

18.91%

Operating Margin

Core operations generate 25.13 in profit for every $100 in revenue, before interest and taxes.

25.13%

ROE

Management delivers $1.95 in profit for every $100 of shareholder equity.

1.95%

ROA

MGM China Holdings Limited generates $17.10 in profit for every $100 in assets, demonstrating efficient asset deployment.

17.10%

Following the Money - Real Cash Generation

Operating Cash Flow

MGM China Holdings Limited generates strong operating cash flow of $7.72B, reflecting robust business health.

$7.72B

Free Cash Flow

MGM China Holdings Limited generates strong free cash flow of $5.96B, providing ample flexibility for dividends, buybacks, or growth.

$5.96B

FCF Per Share

Each share generates $1.57 in free cash annually.

$1.57

FCF Yield

2282.HK converts 13.85% of its market value into free cash.

13.85%

Financial Ratios Analysis

Valuation Ratios

P/E Ratio

Price to earnings ratio

8.50

vs 25 benchmark

PEG Ratio

Price/earnings to growth ratio

0.48

vs 25 benchmark

P/B Ratio

Price to book value ratio

13.28

vs 25 benchmark

P/S Ratio

Price to sales ratio

1.61

vs 25 benchmark

Financial Health

Debt/Equity

Total debt to shareholders' equity

5.90

vs 25 benchmark

Current Ratio

Current assets to current liabilities

0.54

vs 25 benchmark

Efficiency Ratios

ROE

Return on equity percentage

1.95

vs 25 benchmark

ROA

Return on assets percentage

0.17

vs 25 benchmark

ROCE

Return on capital employed

0.37

vs 25 benchmark

How 2282.HK Stacks Against Its Sector Peers

Metric2282.HK ValueSector AveragePerformance
P/E Ratio8.5023.72 Better (Cheaper)
ROE194.66%1091.00% Weak
Net Margin18.91%-627.00% (disorted) Strong
Debt/Equity5.900.72 Weak (High Leverage)
Current Ratio0.542.64 Weak Liquidity
ROA17.10%1053.00% Weak

2282.HK outperforms its industry in 2 out of 6 key metrics, particularly excelling in Net Margin, but lagging in ROE.

Historical Growth Performance

5-Year Growth Trajectory

This section reviews MGM China Holdings Limited's 5-year compound annual growth rate (CAGR) and compares its performance against the typical investment style of its industry.

Revenue CAGR

281.27%

Industry Style: Cyclical, Growth, Discretionary

High Growth

EPS CAGR

197.54%

Industry Style: Cyclical, Growth, Discretionary

High Growth

FCF CAGR

100.00%

Industry Style: Cyclical, Growth, Discretionary

High Growth

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