Published on 25 Mar 2024 on Simply Wall St. via Yahoo Finance
Red Rock Resorts, Inc. (NASDAQ:RRR) Shares Could Be 47% Below Their Intrinsic Value Estimate
Key Insights
Using the 2 Stage Free Cash Flow to Equity, Red Rock Resorts fair value estimate is US$107Red Rock Resorts' US$56.33 share price signals that it might be 47% undervaluedOur fair value estimate is 76% higher than Red Rock Resorts' analyst price target of US$60.85
Does the March share price for Red Rock Resorts, Inc. (NASDAQ:RRR) reflect what it's really worth? Today, we will estimate the stock's intrinsic value by taking the expected future cash flows and discounting them to their present value. The Discounted Cash Flow (DCF) model is the tool we will apply to do this. It may sound complicated, but actually it is quite simple!