MLCO vs. SGHC

Last updated Jun 4, 2026

MLCO (Melco Resorts & Entertainment Limited) and SGHC (Super Group (SGHC) Limited) are both stocks. Both are in the Consumer Cyclical sector — MLCO in Resorts & Casinos, SGHC in Gambling. Over the past 3 years, MLCO returned -20.83%/yr vs 64.50%/yr for SGHC. At a 0.22 correlation, their price movements are largely independent.

Performance

MLCO vs. SGHC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Melco Resorts & Entertainment Limited (MLCO) and Super Group (SGHC) Limited (SGHC). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MLCO achieves a -23.65% return, which is significantly lower than SGHC's 9.93% return.

MLCO

• 1D: 0.52%
• 1M: 5.86%
• YTD: -23.65%
• 6M: -35.56%
• 1Y: -7.52%
• 3Y*: -20.83%
• 5Y*: -19.47%
• 10Y*: -7.04%

SGHC

• 1D: 0.63%
• 1M: -1.16%
• YTD: 9.93%
• 6M: 21.05%
• 1Y: 52.45%
• 3Y*: 64.50%
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

MLCO vs. SGHC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
MLCO Melco Resorts & Entertainment Limited	-23.65%	30.74%	-34.72%	-22.87%	15.46%
SGHC Super Group (SGHC) Limited	9.93%	95.00%	107.65%	5.67%	-63.64%

Correlation

The correlation between MLCO and SGHC is 0.18, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.18
Correlation (3Y) Calculated over the trailing 3-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	0.22

Fundamentals

Market Cap MLCO : $2.27B SGHC : $6.44B
EPS MLCO : $0.57 SGHC : $0.40
PE Ratio MLCO : 10.08 SGHC : 31.56
PEG Ratio MLCO : 0.15 SGHC : 1.34
PS Ratio MLCO : 0.44 SGHC : 2.99
Total Revenue (TTM) MLCO : $5.30B SGHC : $2.15B
Gross Profit (TTM) MLCO : $1.81B SGHC : $617.43M
EBITDA (TTM) MLCO : $1.19B SGHC : $394.23M

Return for Risk

MLCO vs. SGHC — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLCO

MLCO Risk / Return Rank: 33
MLCO Sharpe Ratio Rank: 33
MLCO Sortino Ratio Rank: 30
MLCO Omega Ratio Rank: 30
MLCO Calmar Ratio Rank: 35
MLCO Martin Ratio Rank: 36

SGHC

SGHC Risk / Return Rank: 70
SGHC Sharpe Ratio Rank: 74
SGHC Sortino Ratio Rank: 72
SGHC Omega Ratio Rank: 68
SGHC Calmar Ratio Rank: 67
SGHC Martin Ratio Rank: 67

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLCO vs. SGHC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Melco Resorts & Entertainment Limited (MLCO) and Super Group (SGHC) Limited (SGHC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MLCO	SGHC	Difference
Sharpe ratio Return per unit of total volatility	-0.18	1.14	-1.32
Sortino ratio Return per unit of downside risk	0.02	1.83	-1.81
Omega ratio Gain probability vs. loss probability	1.00	1.22	-0.22
Calmar ratio Return relative to maximum drawdown	-0.16	1.40	-1.56
Martin ratio Return relative to average drawdown	-0.26	3.21	-3.47
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLCO vs. SGHC - Sharpe Ratio Comparison

The current MLCO Sharpe Ratio is -0.18, which is lower than the SGHC Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of MLCO and SGHC, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MLCO	SGHC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.18	1.14	-1.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.33	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.14	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.09	0.22	-0.32

Drawdowns

MLCO vs. SGHC - Drawdown Comparison

The maximum MLCO drawdown since its inception was -89.50%, which is greater than SGHC's maximum drawdown of -76.02%. Use the drawdown chart below to compare losses from any high point for MLCO and SGHC.

Drawdown Indicators

	MLCO	SGHC	Difference
Max Drawdown Largest peak-to-trough decline	-89.50%	-76.02%	-13.48%
Max Drawdown (1Y) Largest decline over 1 year	-47.58%	-37.67%	-9.91%
Max Drawdown (3Y) Largest decline over 3 years	-66.52%	-37.67%	-28.85%
Max Drawdown (5Y) Largest decline over 5 years	-74.37%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-85.55%	—	—
Current Drawdown Current decline from peak	-83.97%	-8.22%	-75.75%
Average Drawdown Average peak-to-trough decline	-55.04%	-45.81%	-9.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	28.79%	16.37%	+12.42%

Volatility

MLCO vs. SGHC - Volatility Comparison

The current volatility for Melco Resorts & Entertainment Limited (MLCO) is 9.41%, while Super Group (SGHC) Limited (SGHC) has a volatility of 10.29%. This indicates that MLCO experiences smaller price fluctuations and is considered to be less risky than SGHC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLCO	SGHC	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.41%	10.29%	-0.88%
Volatility (6M) Calculated over the trailing 6-month period	29.88%	30.54%	-0.66%
Volatility (1Y) Calculated over the trailing 1-year period	40.84%	46.38%	-5.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.59%	59.60%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	51.95%	59.60%	-7.65%

Dividends

MLCO vs. SGHC - Dividend Comparison

MLCO has not paid dividends to shareholders, while SGHC's dividend yield for the trailing twelve months is around 3.30%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MLCO Melco Resorts & Entertainment Limited	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.88%	2.62%	3.14%	5.76%	4.52%	0.68%
SGHC Super Group (SGHC) Limited	3.30%	1.34%	4.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

MLCO vs. SGHC - Profitability Comparison

The chart below illustrates the profitability comparison between Melco Resorts & Entertainment Limited and Super Group (SGHC) Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MLCO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Melco Resorts & Entertainment Limited reported a gross profit of 373.22M and revenue of 1.37B. Therefore, the gross margin over that period was 27.2%.

SGHC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported a gross profit of 140.00M and revenue of 578.00M. Therefore, the gross margin over that period was 24.2%.

MLCO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Melco Resorts & Entertainment Limited reported an operating income of 182.64M and revenue of 1.37B, resulting in an operating margin of 13.3%.

SGHC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported an operating income of 100.00M and revenue of 578.00M, resulting in an operating margin of 17.3%.

MLCO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Melco Resorts & Entertainment Limited reported a net income of 77.06M and revenue of 1.37B, resulting in a net margin of 5.6%.

SGHC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Super Group (SGHC) Limited reported a net income of 67.00M and revenue of 578.00M, resulting in a net margin of 11.6%.

Frequently Asked Questions

Can I hold both MLCO and SGHC in my portfolio?

MLCO and SGHC have a correlation of 0.18, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, MLCO or SGHC?

SGHC has higher volatility (10.29%) compared to MLCO (9.41%). In terms of maximum drawdown, MLCO dropped -89.50% vs SGHC's -76.02%.

Which has better risk-adjusted returns?

SGHC currently has the higher Sharpe Ratio (1.14 vs -0.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.