Studio City International Holdings (MSC) AI Stock Analysis

• Market Cap: $581.58M
• Dividend Yield: N/A
• Average Volume (3M): 4.00K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.12
• Revenue Growth: 19.57%
• EPS Growth: 10.86%
• Country: US
• Employees: 5,848
• Sector: Consumer Cyclical
• Sector Strength: 59
• Industry: Gambling, Resorts & Casinos
• EPS (TTM): -0.08
• Shares Outstanding: 192,588,180
• 10 Day Avg. Volume: 1,261
• 30 Day Avg. Volume: 3,995
• PEG Ratio: 0.31
• Price to Book (P/B): 4.83
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -6.71
• Enterprise Value/Market Cap: 10.62
• Enterprise Value/Revenue: 2.57
• Enterprise Value/Gross Profit: 23.43
• Enterprise Value/Ebitda: 6.55
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 38 Underperform
• Price Target: ―

Studio City International Holdings faces significant financial challenges, including negative profitability and high leverage, which outweigh the positive revenue growth. Technical indicators are bearish, with the stock being oversold and trading below key moving averages. The negative P/E ratio and absence of a dividend yield add to the stock's unattractiveness from a valuation standpoint. These factors collectively result in a low overall stock score.

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 mainly through its casino operations, which include a variety of gaming options such as table games and slot machines. Additionally, the company earns income from its hotel accommodations, offering luxury rooms and suites, as well as from food and beverage services provided by its numerous on-site restaurants and bars. Retail leasing within the resort also contributes to its revenue streams, as does hosting large-scale entertainment events and conferences. Significant partnerships with international entertainment brands and collaborations with tourism agencies further enhance its earnings potential.

Studio City International Holdings Financial Statement Overview

Summary

Studio City International Holdings has demonstrated revenue growth but continues to face profitability challenges and high leverage. The company's financial health is strained by negative net income and substantial debt levels, impacting its ability to generate cash flow and returns for shareholders. While there are signs of revenue recovery, the ongoing negative cash flow and high debt burden remain significant concerns.

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
Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
639.14M	445.54M	11.55M	106.87M	49.17M
	Gross Profit
415.29M	105.02M	-61.41M	24.62M	-31.43M
	EBIT
38.15M	-11.59M	-277.22M	-191.57M	-280.97M
	EBITDA
240.77M	152.80M	-141.61M	-83.86M	-140.97M
	Net Income Common Stockholders
-96.73M	-133.52M	-361.31M	-302.00M	-406.53M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
127.63M	228.04M	509.52M	499.29M	573.24M
	Total Assets
2.99B	3.24B	3.59B	3.32B	3.07B
	Total Debt
2.18B	2.35B	2.45B	2.10B	1.60B
	Net Debt
2.05B	2.12B	1.94B	1.60B	1.03B
	Total Liabilities
2.34B	2.51B	2.72B	2.37B	1.78B
	Stockholders Equity
646.52M	728.98M	876.14M	944.18M	1.30B
Cash Flow		Free Cash Flow
103.14M	-175.72M	-630.90M	-541.32M	-370.16M
	Operating Cash Flow
182.01M	-18.89M	-178.78M	-136.84M	-181.63M
	Investing Cash Flow
-108.46M	-161.54M	-453.39M	-407.24M	-195.51M
	Financing Cash Flow
-175.38M	-100.90M	643.11M	471.51M	623.89M

Studio City International Holdings Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.80
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MSC, the sentiment is Negative. The current price of 2.8 is below the 20-day moving average (MA) of 2.88, below the 50-day MA of 3.07, and below the 200-day MA of 4.86, indicating a bearish trend. The MACD of -0.09 indicates Negative momentum. The RSI at 42.09 is Neutral, neither overbought nor oversold. The STOCH value of 13.53 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	69 Neutral	$30.02B	23.68	39.21%	2.35%	-0.09%	-13.07%
Sector *	63 Neutral	$6.98B	11.41	2.80%	4.24%	2.68%	-24.94%
WYNN	61 Neutral	$9.06B	23.66	-51.73%	1.15%	-0.08%	-48.66%
CZR	59 Neutral	$5.88B	―	-5.56%	―	-1.25%	-130.83%
PENN	57 Neutral	$2.53B	―	-2.81%	―	5.51%	92.46%
MLCO	52 Neutral	$2.63B	45.25	25.40%	―	14.07%	―
MSC	38 Underperform	$581.58M	―	-16.16%	―	19.57%	10.86%