Studio City International Holdings Ltd
NYSE:MSC

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Studio City International Holdings Ltd Logo
Studio City International Holdings Ltd
NYSE:MSC
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Price: 2.7 USD 8% Market Closed
Market Cap: $520m

P/B

1
Current
44%
Cheaper
vs 3-y average of 1.7

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
$556.6m
/
Total Equity
$533.3m

Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.

P/B
1
=
Market Cap
$556.6m
/
Total Equity
$533.3m

Valuation Scenarios

Studio City International Holdings Ltd is trading below its 3-year average

If P/B returns to its 3-Year Average (1.7), the stock would be worth $4.8 (78% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-21%
Maximum Upside
+78%
Average Upside
33%
Scenario P/B Value Implied Price Upside/Downside
Current Multiple 1 $2.7
0%
3-Year Average 1.7 $4.8
+78%
5-Year Average 1.6 $4.47
+66%
Industry Average 1 $2.9
+8%
Country Average 0.8 $2.14
-21%

Forward P/B
Today’s price vs future total equity

Not enough data available to calculate forward P/B

Peer Comparison

All Multiples
P/B
P/E
All Countries
Close

Market Distribution

In line with most companies in Hong Kong
Percentile
58th
Based on 1 630 companies
58th percentile
1
Low
0 — 0.5
Typical Range
0.5 — 1.3
High
1.3 —
Distribution Statistics
Hong Kong
Min 0
30th Percentile 0.5
Median 0.8
70th Percentile 1.3
Max 2 018.4

Studio City International Holdings Ltd
Glance View

Studio City International Holdings Ltd., nestled in the glitzy landscape of Macau, is a prominent player in the world of integrated resorts. The company operates the Studio City Resort, an expansive entertainment complex combining luxury hotel accommodations, a casino, a televised production studio, and multiple dining establishments. Strategically positioned on the Cotai Strip, often dubbed the "Las Vegas of Asia," Studio City serves as a magnetic attraction for high-rolling gamblers and tourism enthusiasts alike. The resort seeks to create an immersive experience by blending Hollywood-themed decorations with traditional gaming lures, effectively drawing both leisure and professional gamblers. This positioning not only boosts foot traffic but also ensures a diversified revenue stream that extends beyond just gaming. The intricate business model of Studio City International Holdings hinges on balancing its various revenue channels. While the casino is a substantial pillar, making money through a variety of gaming options such as poker, blackjack, and slots, the real artistry lies in its diversification strategy. The resort entertains visitors with shows, concerts, and international events, inviting a broad audience that ranges from entertainment seekers to corporate event participants. Additionally, the integrated hotel's luxury accommodations and top-notch service attract tourists who willingly spend on premium experiences. Combined with retail outlets and high-end dining options, these non-gaming elements form a critical part of the company’s revenue architecture, ensuring that Studio City is not just betting on casinos but on a full-bodied leisure and entertainment ecosystem.

MSC Intrinsic Value
11.05 USD
Undervaluation 76%
Intrinsic Value
Price $2.7
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