MONARCH CASINO & RESORT INC (MCRI)

Hotels & Motels

Latest Price

$121.92

TTM P/E

20.66

Normalized P/E

26.76

Div Yield

0.74%

Book Value

30.82

P/B Ratio

3.96

Valuation metrics

EPS: $5.43

Book value / share: $30.17

Formula: √(22.5 × EPS × BVPS)

Graham Number

$60.72

50% downside

Norm. op. income: $92M (median of 7yr)

Tax rate: 21%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$46.32

62% downside

Base FCF: $100M (median of recent 5yr)

Growth: 24%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$384.16

+215% upside

EPS: $5.43

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$146.61

+20% upside

65.2% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	2.06M	$270.0M	11.59%	+87.0K	2026-06-30
AMERICAN CENTURY COMPANIES INC	558.4K	$73.0M	3.15%	+48.0K	2026-06-30
DAVENPORT & Co LLC	522.6K	$69.0M	2.95%	-318.5K	2026-06-30
STATE STREET CORP	517.6K	$68.0M	2.92%	+32.7K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	517.0K	$68.0M	2.91%	-34.9K	2026-06-30
JPMORGAN CHASE & CO	441.8K	$58.0M	2.49%	-44.6K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	426.4K	$56.0M	2.40%	+17.8K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	414.1K	$54.0M	2.33%	+35.8K	2026-06-30
FULLER & THALER ASSET MANAGEMENT, INC.	340.3K	$44.0M	1.92%	+46.3K	2026-06-30
PRICE T ROWE ASSOCIATES INC /MD/	322.6K	$42.0M	1.82%	+253.0K	2026-06-30