Studio City International Holdings (MSC) AI Stock Analysis

• Market Cap: $1.01B
• Dividend Yield: N/A
• Average Volume (3M): 7.21K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.26
• Revenue Growth: 15.03%
• EPS Growth: 27.99%
• Country: US
• Employees: 5,848
• Sector: Consumer Cyclical
• Sector Strength: 81
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.02
• Shares Outstanding: 192,588,180
• 10 Day Avg. Volume: 16,614
• 30 Day Avg. Volume: 7,207
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 2.65
• Enterprise Value/Revenue: 4.10
• Enterprise Value/Gross Profit: 6.28
• Enterprise Value/Ebitda: 11.25
• 1Y Price Target: $5.00
• Price Target Upside: 4.60% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: $5.00 ▲(4.60% Upside)

The overall stock score is primarily impacted by the company's weak financial performance, characterized by high leverage and negative profitability. While technical indicators are positive, suggesting potential short-term momentum, the negative valuation metrics and lack of earnings call data limit the stock's attractiveness.

Studio City International Holdings Business Overview & Revenue Model

Company Description

Studio City International Holdings Limited operates a gaming, retail, and entertainment resort in Cotai, Macau. The company operates Studio City Casino with 250 mass market gaming tables; approximately 947 gaming machines; and 45 VIP rolling chip tables. Its resort provides various non-gaming facilities, including approximately 1,600 luxury hotel rooms; food and beverage outlets; figure-8 Ferris wheel; a night club and karaoke; a 5,000-seat live performance arena; and approximately 27,000 square meters of complementary retail space. The company was formerly known as Cyber One Agents Limited and changed its name to Studio City International Holdings Limited in January 2012. The company was founded in 2000 and is based in Central, Hong Kong. Studio City International Holdings Limited operates as a subsidiary of MCO Cotai Investments Limited.

How the Company Makes Money

Studio City International Holdings generates revenue primarily through its integrated resort operations, which include gaming, hotel accommodations, dining, retail, and entertainment services. Key revenue streams consist of gaming revenue from the casino operations, room revenue from its hotels, food and beverage sales from various dining establishments, and income from retail and entertainment attractions. Additionally, the company benefits from partnerships with major gaming operators and entertainment providers, enhancing its offerings and driving customer traffic. Seasonal events, promotions, and loyalty programs further contribute to customer retention and revenue generation.

Studio City International Holdings Financial Statement Overview

Summary

The financial performance of Studio City International Holdings is concerning, with ongoing profitability challenges and a high debt-to-equity ratio. Despite revenue growth and an improved gross profit margin, the company struggles with negative net income and lacks positive cash flow, indicating financial strain.

Income Statement

Studio City International Holdings has shown improvement in revenue, with a significant increase from the previous year. However, the company continues to struggle with profitability, evidenced by a negative net profit margin. While the gross profit margin has improved to approximately 65.2% for the latest year, the net income remains negative, indicating ongoing challenges in managing costs and achieving profitability.

Balance Sheet

The company's balance sheet reveals a high debt-to-equity ratio of approximately 3.68, highlighting significant leverage which could pose financial risks. The equity ratio stands at 19.8%, indicating a lower proportion of assets funded by equity. Return on Equity remains negative due to the net losses, suggesting difficulties in generating returns for shareholders.

Cash Flow

The cash flow statement indicates challenges with cash generation, as seen in the zero operating and free cash flow for the latest year. The absence of positive free cash flow growth and operating cash flow to net income ratio suggests that the company may face liquidity issues, impacting its ability to fund operations and capital expenditures.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	650.71M	639.14M	445.54M	11.55M	106.87M	49.21M
Gross Profit	424.02M	415.29M	273.01M	-67.21M	24.62M	-30.39M
EBITDA	236.88M	240.18M	152.80M	-141.61M	-83.86M	-140.97M
Net Income	-98.12M	-96.73M	-133.52M	-326.45M	-252.56M	-321.63M
Balance Sheet
Total Assets	2.92B	2.99B	3.24B	3.59B	3.32B	3.07B
Cash, Cash Equivalents and Short-Term Investments	97.83M	127.63M	228.04M	509.52M	499.29M	573.24M
Total Debt	2.18B	2.18B	2.35B	2.45B	2.10B	1.60B
Total Liabilities	2.30B	2.34B	2.51B	2.72B	2.37B	1.78B
Stockholders Equity	568.18M	646.52M	728.98M	876.14M	944.18M	1.30B
Cash Flow
Free Cash Flow	0.00	103.14M	-175.72M	-630.90M	-541.32M	-370.16M
Operating Cash Flow	0.00	189.90M	-18.89M	-178.78M	-136.84M	-181.63M
Investing Cash Flow	0.00	-108.46M	-161.54M	-453.39M	-407.24M	-195.51M
Financing Cash Flow	0.00	-183.26M	-100.90M	643.11M	471.51M	623.89M

Studio City International Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.78
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSC, the sentiment is Positive. The current price of 4.78 is above the 20-day moving average (MA) of 4.71, above the 50-day MA of 4.37, and above the 200-day MA of 4.30, indicating a bullish trend. The MACD of 0.10 indicates Positive momentum. The RSI at 53.76 is Neutral, neither overbought nor oversold. The STOCH value of 44.44 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for MSC.

Studio City International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$17.75B	12.56	-5.49%	3.02%	1.43%	-14.12%
WYNN	60 Neutral	$12.38B	34.92	-51.73%	0.81%	-1.94%	-53.90%
LVS	59 Neutral	$38.57B	28.37	49.16%	1.68%	1.62%	-7.14%
MLCO	58 Neutral	$3.80B	72.63	25.40%	―	12.51%	―
PENN	57 Neutral	$2.87B	―	-2.50%	―	7.34%	93.83%
MSC	54 Neutral	$1.01B	―	-11.87%	―	15.03%	27.99%
CZR	52 Neutral	$5.44B	―	-4.76%	―	-0.15%	28.05%