Last €21.44 EUR
Change Today -0.09 / -0.42%
Volume 0.0
MAS On Other Exchanges
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As of 9:57 AM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

melco crown entertainme-adr (MAS) Snapshot

Open
€20.90
Previous Close
€21.53
Day High
€21.52
Day Low
€20.64
52 Week High
03/5/14 - €32.98
52 Week Low
12/17/14 - €16.97
Market Cap
11.6B
Average Volume 10 Days
37.5
EPS TTM
--
Shares Outstanding
543.3M
EX-Date
03/2/15
P/E TM
--
Dividend
€0.21
Dividend Yield
2.36%
Current Stock Chart for MELCO CROWN ENTERTAINME-ADR (MAS)

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melco crown entertainme-adr (MAS) Details

Melco Crown Entertainment Limited, through its subsidiaries, develops, owns, and operates casino gaming and entertainment resort facilities in Asia. It owns and operates City of Dreams, an integrated casino resort that has 480 gaming tables and 1,400 gaming machines; approximately 1,400 hotel rooms and suites; a wet stage performance theater with approximately 2,000 seats; approximately 20 restaurants and bars, and 70 retail outlets; and recreation and leisure facilities, including health and fitness clubs, swimming pools, spa and salons, and banquet and meeting facilities. The company also operates Altira Macau, a casino hotel, which has approximately 140 gaming tables; 230 hotel rooms; and various non-gaming entertainment venues comprising spa, gymnasium, outdoor garden podium, and sky terrace lounge. In addition, it owns and operates Mocha Clubs that provide non-casino based operations of 1,369 gaming machines, as well as Taipa Square casino in Taipa Island, Macau. Further, the company is developing the Studio City Project, a cinematically-themed integrated entertainment, retail, and gaming resort. The company was formerly known as Melco PBL Entertainment (Macau) Limited and changed its name to Melco Crown Entertainment Limited in May 2008. Melco Crown Entertainment Limited was incorporated in 2004 and is headquartered in Central, Hong Kong.

Founded in 2004

melco crown entertainme-adr (MAS) Top Compensated Officers

Co-Chairman and Chief Executive Officer
Total Annual Compensation: $11.2M
Compensation as of Fiscal Year 2013.

melco crown entertainme-adr (MAS) Key Developments

Melco Crown Entertainment Limited Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014

Melco Crown Entertainment Limited reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, net revenue was $1,121.4 million, representing a decrease of approximately 20% from $1,394.6 million for the comparable period in 2013. The decline in net revenue was primarily attributable to lower group-wide rolling chip revenues and mass market table games revenues. Operating income was $105.3 million against $255.6 million last year. Income before income tax was $66.3 million against $212.8 million last year. Net income attributable to the company was $92.9 million or $0.056 per diluted share and $0.169 per diluted ADS against $223.2 million or $0.134 per diluted share and $0.402 per diluted ADS last year. Adjusted net income attributable to Melco Crown Entertainment Limited was $123.3 million or $0.075 per basic and diluted share and $0.224 per diluted ADS against $234.5 million or $0.141 per diluted share and $0.422 per diluted ADS last year. Adjusted property EBITDA was $278.6 million for the fourth quarter of 2014, as compared to adjusted property EBITDA of $394.4 million in the fourth quarter of 2013. The 29% year-over-year decline in adjusted property EBITDA was attributable to lower group-wide rolling chip volumes and rolling chip win rate, together with a lower contribution from the mass market table games segment. Adjusted EBITDA was $246.2 million against $369.0 million last year. Capital expenditures for the fourth quarter of 2014 were $599.9 million, which predominantly related to Studio City and City of Dreams Manila, as well as various projects at City of Dreams, including the fifth hotel tower. For the year, net revenue was $4,802.3 million against $5,087.2 million for the comparable period in 2013. Operating income was $685.4 million against $839.8 million last year. Income before income tax was $530.4 million against $580.5 million last year. Net income attributable to the company was $608.3 million or $0.366 per diluted share and $1.099 per diluted ADS against $637.5 million or $0.383 per diluted share and $1.149 per diluted ADS last year. Adjusted net income attributable to Melco Crown Entertainment Limited was $693.2 million or $0.417 per diluted share and $1.252 per diluted ADS against $744.8 million or $0.448 per diluted share and $1.343 per diluted ADS last year. The year-over-year decline in net revenue was primarily attributable to lower group-wide rolling chip revenues, partially offset by improved group-wide mass market table games revenues. Adjusted property EBITDA for the year ended December 31, 2014 was $1,285.5 million, as compared with adjusted property EBITDA of $1,379.1 million in 2013. The year-over-year decline in adjusted property EBITDA was primarily attributable to lower group-wide rolling chip volumes and rolling chip win rate, partially offset by improved group-wide mass market table games revenues. Adjusted EBITDA was $1,166.5 million against $1,287.8 million last year.

Melco Crown Entertainment Limited Declares Dividend for the Fourth Quarter of 2014 Payable on or About March 16, 2015

Melco Crown Entertainment Limited announced that on February 12, 2015, the board of directors of the company considered and approved the declaration and payment of a quarterly dividend of $0.0171 per ordinary share of the company for the fourth quarter of 2014. The quarterly dividend will be paid on or about March 16, 2015 to the shareholders of the company whose names appear on the register of members of the company at the close of business on March 4, 2015, being the record date for determination of entitlements to the quarterly dividend. The register of members of the company will be closed from March 3, 2015 to March 4, 2015 (both days inclusive) for the purpose of determining the entitlements of the shareholders to the quarterly dividend, during which period no transfer of shares in the company will be effected. The quarterly dividend of approximately $0.0513 per ADS, less any applicable fees and charges, will be paid on or about March 16, 2015 by the depositary, in cash in US dollars, to ADS holders of record as of March 4, 2015 in accordance with the deposit agreement.

Melco Crown Entertainment Opens New Casino Resort in Manila

Melco Crown Entertainment has formally opened its $1 billion casino and entertainment resort in the Philippine capital.

 

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MAS Competitors

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Company Last Change
Galaxy Entertainment Group Ltd $39.40 HKD +0.85
Genting Bhd 8.85 MYR -0.13
Melco International Development Ltd $15.36 HKD +0.08
MGM China Holdings Ltd $17.96 HKD +0.36
SJM Holdings Ltd $11.22 HKD +0.14
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Industry Analysis

MAS

Industry Average

Valuation MAS Industry Range
Price/Earnings 21.9x
Price/Sales 2.7x
Price/Book 3.1x
Price/Cash Flow 14.3x
TEV/Sales 1.3x
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