Studio City International Holdings (MSC) AI Stock Analysis

• Market Cap: $735.40M
• Dividend Yield: N/A
• Average Volume (3M): 2.29K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.05
• Revenue Growth: 9.50%
• EPS Growth: 24.64%
• Country: US
• Employees: 5,848
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.10
• Shares Outstanding: 192,588,180
• 10 Day Avg. Volume: 2,218
• 30 Day Avg. Volume: 2,286
• PEG Ratio: -0.06
• Price to Book (P/B): 1.84
• Price to Sales (P/S): 1.70
• P/FCF Ratio: 10.55
• Enterprise Value/Market Cap: 3.77
• Enterprise Value/Revenue: 4.03
• Enterprise Value/Gross Profit: 6.85
• Enterprise Value/Ebitda: 10.28
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Neutral
• Price Target: $3.00 ▼(-32.13% Downside)

The overall stock score is primarily impacted by the company's financial struggles, including high leverage and negative cash flow, coupled with bearish technical indicators. The valuation is also unattractive due to the negative P/E ratio and lack of dividend yield.

Positive Factors

Revenue Growth

The significant revenue growth indicates a successful strategic shift towards mass market operations, enhancing long-term business stability.

Strategic Partnerships

The healthcare partnership diversifies offerings, potentially increasing visitor traffic and aligning with broader operational goals.

Debt Management

Strategic debt repayment strengthens financial position, reducing liabilities and improving long-term financial health.

Negative Factors

High Leverage

High leverage poses financial risks, potentially limiting the company's ability to invest in growth and manage economic downturns.

Profitability Challenges

Ongoing profitability issues hinder the company's ability to generate returns, affecting long-term shareholder value.

Cash Flow Issues

Lack of positive cash flow growth indicates potential liquidity issues, impacting the ability to fund operations and capital expenditures.

Studio City International Holdings Business Overview & Revenue Model

Company Description

Studio City International Holdings (MSC) is a leading entertainment and gaming company based in Macau, primarily focused on the development and operation of integrated resort properties. The company operates the Studio City resort, which features a wide range of amenities including a casino, hotels, entertainment venues, and dining options. MSC aims to provide a unique entertainment experience, catering to both leisure and business travelers, while also contributing to the tourism sector in Macau.

How the Company Makes Money

Studio City International Holdings generates revenue through several key streams. Primarily, the company earns income from its casino operations, which include gaming table games and slot machines. Additionally, revenue is generated from hotel accommodations, dining establishments, and entertainment offerings such as shows and events. The company also benefits from partnerships with various entertainment and hospitality brands, which enhance its service offerings and attract a diverse clientele. Furthermore, MSC capitalizes on the growing tourist influx to Macau, leveraging its strategic location and unique attractions to drive visitor spending across its facilities.

Studio City International Holdings Financial Statement Overview

Summary

Studio City International Holdings has shown revenue growth but faces significant profitability challenges, high leverage, and negative cash flow, which strain its financial health.

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	687.15M	639.14M	445.54M	11.55M	106.87M	49.21M
Gross Profit	404.58M	415.29M	273.01M	-67.21M	24.62M	-30.39M
EBITDA	269.56M	240.18M	152.80M	-141.61M	-83.86M	-140.97M
Net Income	-66.03M	-96.73M	-133.52M	-326.45M	-252.56M	-321.63M
Balance Sheet
Total Assets	2.82B	2.99B	3.24B	3.59B	3.32B	3.04B
Cash, Cash Equivalents and Short-Term Investments	99.45M	127.63M	228.04M	509.52M	499.29M	575.22M
Total Debt	2.07B	2.18B	2.35B	2.45B	2.10B	1.60B
Total Liabilities	2.23B	2.34B	2.51B	2.72B	2.37B	1.78B
Stockholders Equity	543.86M	590.74M	728.98M	876.14M	944.18M	1.27B
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: Neutral
• Last Price: 4.42
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSC, the sentiment is Neutral. The current price of 4.42 is above the 20-day moving average (MA) of 3.60, above the 50-day MA of 3.92, and above the 200-day MA of 3.78, indicating a neutral trend. The MACD of -0.13 indicates Negative momentum. The RSI at 48.18 is Neutral, neither overbought nor oversold. The STOCH value of 74.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for MSC.

Studio City International Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
LVS	74 Outperform	$44.92B	29.98	62.28%	1.50%	8.37%	10.20%
INSE	69 Neutral	$209.49M	3.91	―	―	4.03%	―
MGM	63 Neutral	$9.82B	233.52	2.25%	―	0.05%	-94.07%
WYNN	62 Neutral	$12.92B	27.40	―	0.81%	-0.26%	-44.45%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MLCO	56 Neutral	$3.44B	33.52	―	―	11.32%	―
MSC	40 Neutral	$735.40M	―	-11.41%	―	9.50%	24.64%

Studio City International Holdings Corporate Events

Studio City International Holdings Reports Q3 2025 Financial Results

On November 28, 2025, Studio City International Holdings Limited released its quarterly report for Studio City Finance Limited, detailing financial performance for the three and nine months ending September 30, 2025. The report highlights the company’s financial condition, including the repayment of the 2025 Studio City Finance Notes in July 2025, and the extension of credit facilities, which are crucial for its operational liquidity and future growth. These financial maneuvers are indicative of Studio City’s strategic efforts to maintain robust financial health and competitive positioning in the Macau gaming and hospitality market.

Studio City Reports Q3 2025 Revenue Growth Amid Strategic Shift

Studio City International Holdings Limited reported its unaudited financial results for the third quarter of 2025, showing an increase in total operating revenues to $182.5 million from $174.6 million in the same quarter of 2024. This growth was driven by enhanced performance in mass market operations, leading to increased casino contract revenue. The company also noted a reduction in net loss and improved operating income compared to the previous year, reflecting a strategic focus on mass market gaming. Additionally, Studio City managed to reduce its total debt by $109.3 million through repayments funded by credit facilities and cash on hand, indicating a strengthened financial position.

Studio City to Release Q3 2025 Financial Results on November 6

Studio City International Holdings Limited announced that it will release its unaudited financial results for the third quarter of 2025 on November 6, 2025. This announcement is significant for stakeholders as it provides insights into the company’s financial performance and strategic positioning in the competitive gaming and resort industry in Macau.

Studio City Announces New Healthcare Partnership at Integrated Resort

On September 16, 2025, Studio City International Holdings Limited announced that its subsidiary, SCRS, entered into an agreement with iRad to operate a private hospital at the Studio City integrated resort. The agreement, effective from January 1, 2025, allows iRad to provide imaging and diagnostic services starting tentatively on October 1, 2025, until November 30, 2034, with options for renewal. This strategic move is part of the company’s commitment to supporting Macau’s healthcare industry and aligns with its broader operational goals.