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Red Rock Resorts (Red Rock Resorts) Enterprise Value : $6,422 Mil (As of Apr. 30, 2024)


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What is Red Rock Resorts Enterprise Value?

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Red Rock Resorts's Enterprise Value is $6,422 Mil. Red Rock Resorts's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was $562 Mil. Therefore, Red Rock Resorts's EV-to-EBIT ratio for today is 11.43.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Red Rock Resorts's Enterprise Value is $6,422 Mil. Red Rock Resorts's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 was $694 Mil. Therefore, Red Rock Resorts's EV-to-EBITDA ratio for today is 9.25.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Red Rock Resorts's Enterprise Value is $6,422 Mil. Red Rock Resorts's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $1,724 Mil. Therefore, Red Rock Resorts's EV-to-Revenue ratio for today is 3.72.


Red Rock Resorts Enterprise Value Historical Data

The historical data trend for Red Rock Resorts's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Red Rock Resorts Enterprise Value Chart

Red Rock Resorts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,877.63 4,819.36 5,950.84 5,181.84 6,410.71

Red Rock Resorts Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,181.84 5,564.06 5,867.04 5,617.41 6,410.71

Competitive Comparison of Red Rock Resorts's Enterprise Value

For the Resorts & Casinos subindustry, Red Rock Resorts's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Red Rock Resorts's Enterprise Value Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Red Rock Resorts's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Red Rock Resorts's Enterprise Value falls into.



Red Rock Resorts Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Red Rock Resorts's Enterprise Value for the fiscal year that ended in Dec. 2023 is calculated as

Red Rock Resorts's Enterprise Value for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Red Rock Resorts  (NAS:RRR) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Red Rock Resorts's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6421.865/561.783
=11.43

Red Rock Resorts's current Enterprise Value is $6,422 Mil.
Red Rock Resorts's EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $562 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Red Rock Resorts's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=6421.865/694.319
=9.25

Red Rock Resorts's current Enterprise Value is $6,422 Mil.
Red Rock Resorts's EBITDA for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $694 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Red Rock Resorts's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=6421.865/1724.086
=3.72

Red Rock Resorts's current Enterprise Value is $6,422 Mil.
Red Rock Resorts's Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,724 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Red Rock Resorts Enterprise Value Related Terms

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Red Rock Resorts (Red Rock Resorts) Business Description

Traded in Other Exchanges
Address
1505 South Pavilion Center Drive, Las Vegas, NV, USA, 89135
Red Rock Resorts Inc along with its subsidiary is a gaming, development, and management company. The company mainly develops strategically-located casino and entertainment properties. It generates a majority of its revenue from Casino.
Executives
Robert A Finch officer: EVP & Chief Operating Officer C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Scott Kreeger officer: President 2535 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS CA 89109
Fertitta Frank J Iii director, 10 percent owner 2411 W SAHARA AVE, LAS VEGAS NV 89102
Lorenzo J Fertitta director, 10 percent owner 2960 W SAHARA AVENUE, LAS VEGAS NV 89102
Joseph J Hasson officer: EVP of Operations C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Richard J Haskins officer: President
Jeffrey T Welch officer: EVP and Chief Legal Officer C/O RED ROCK RESORTS,INC., 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Robert E Lewis director 2411 W. SAHARA AVE, LAS VEGAS NV 89102
Cashell Robert A. Jr director 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Marc J. Falcone officer: EVP, CFO and Treasuer 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Daniel J Roy officer: EVP and COO 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135
Nave James E D V M director 2411 W SAHARA AVENUE, LAS VEGAS NV 89102
Stephen Lawrence Cootey officer: See Remarks C/O RED ROCK RESORTS, INC., 1505 SOUTH PAVILION CENTER DRIVE,, LAS VEGAS NV 89135
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000
Fi Station Investor Llc director, 10 percent owner 1505 SOUTH PAVILION CENTER DRIVE, LAS VEGAS NV 89135