MCRI

Monarch Casino & Resort

Fundamental data last updated:April 13, 2026

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company profile

SECTOR

Consumer Cyclical

industry

Resorts & Casinos

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

04/21/26

Business Summary

Monarch Casino & Resort operates integrated resort properties that combine gaming, hotel, food and beverage, and entertainment under one roof, monetizing customer dwell time across multiple verticals. The core cash engine is gaming revenue, supported by high-margin ancillary services that lift overall operating margin to 18.90%. Capital intensity creates barriers to entry, while property ownership and localized brand loyalty reinforce recurring visitation. The business converts physical foot traffic into diversified on-site spend, producing strong ROIC when properties are well-managed and demand remains stable.

 


VALUATION

P/E

18.1

Market Cap ($M USD)

$1,758

Forward P/E

16.6

PEG

0.7

PRICE TO SALES

3.4

PRICE TO BOOK

3.3

EV / EBITDA

9.2

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

1.20%

Annual Payout

$1.20

Payout Ratio

21.60%

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

$5.55

Next Year EPS Growth Estimate

$5.93

Next Year Revenue Growth Estimate

2.10%

Return on Equity (ROE)

18.90%

FREE CASH FLOW

Operating Margin

23.40%

Debt-to-Equity

0

Piotroski F-Score

9

Altman Z-Score

8.5

Return on Invested Capital (ROIC)

18.70%

Current Ratio

0.9

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

At 18.1x earnings and 16.6x forward earnings, MCRI is not statistically cheap, but the 0.7 forward PEG implies the market is underpricing its growth relative to expectations. A Piotroski F-Score of 9 and an Altman Z-Score of 8.5 signal exceptional financial strength and negligible bankruptcy risk, which materially de-risks the equity despite operating in a cyclical sector. The balance sheet is not distressed, and profitability metrics like 18.90% operating margin and 18.70% ROIC suggest a high-quality operator trading at a reasonable growth-adjusted multiple. This is not deep value, but it is a high-quality cyclical priced as merely average.

AI Exposure / Tech Reliance

As a Resorts & Casinos operator, MCRI sits in a consumer-facing industry where AI integration is more about operational efficiency than disruption. Modern analytics can optimize pricing, loyalty programs, and floor management, reinforcing margins rather than threatening the core business model. The company’s 18.90% operating margin suggests it already runs a relatively efficient operation that could further benefit from incremental tech optimization.

The Bull Case

A GARP investor buys this because the numbers scream operational excellence. A 9 Piotroski F-Score indicates strong fundamentals across profitability, leverage, and efficiency metrics, while an 18.70% ROIC shows the company generates substantial returns on invested capital well above average for a capital-intensive industry. The 18.90% operating margin confirms disciplined cost control, and the modest 23.40% debt/equity ratio avoids balance sheet excess. Pair that with a 0.7 forward PEG and 16.6 forward P/E, and you have growth priced below its trajectory, backed by an 8.5 Altman Z-Score that virtually eliminates solvency concerns—exactly the kind of asymmetric setup institutions look for.

The Bear Case

There are real cracks beneath the surface. Return on Equity is just 2.10%, which is shockingly low relative to the 18.70% ROIC and suggests capital structure inefficiencies or diluted equity returns. The current ratio of 0.9 indicates tight short-term liquidity, and while debt/equity at 23.40% is not extreme, this is still a cyclical consumer business vulnerable to discretionary spending pullbacks. The 18.1 P/E is not a bargain if growth falters, and with a TTM yield of 0 and ambiguous signals in consensus metrics, the stock lacks a clear margin of safety if macro conditions deteriorate.

Market Sentiment & Smart Money

Short Interest %

2.50%

Analyst Consensus

2.67

Average Analyst Price Target

$104.20

Institutional Ownership %

64.40%

1-Year Beta

0.63

Insider Buying % (6 Mo)

32.00%%

Distance to 52-Week High

86.40%

Distance to 52-Week Low

140.50%

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.