Caesars Entertainment Inc (CZR) is undervalued and Wynn Resorts Ltd (WYNN) is undervalued.
Against our estimates of intrinsic value, CZR trades at the wider discount: a margin of safety of +80%, against +53% for WYNN.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 6.8% (average of 2 methods) values the shares at $145.00; the price of $29.62 is 80% below that value, and 85% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
Discounting its cash flows at 7.2% (average of 3 methods) values the shares at $176.42; the price of $82.51 is 53% below that value, and 83% of that value comes from beyond year five.
Leak Score 56/100 on 2 of 12 signals
| Metric | CZR | WYNN |
|---|---|---|
| Verdict | Undervalued | Undervalued |
| Price | $29.62 | $82.51 |
| Intrinsic value | $145.00 | $176.42 |
| Margin of safety | +80% | +53% |
| Leak Score | 56/100 (2/12) | 56/100 (2/12) |
| Market cap | $6.0B | $8.5B |
| Revenue growth, 5 years | 25.9% | 27.8% |
| Operating margin | 17.7% | 16.3% |
| Net margin | -4.0% | 6.1% |
| Return on equity | -12.8% | — |
| Debt to equity | 7.36 | — |
| P/E | — | 19.8x |
| Forward P/E | 132.3x | 16.5x |
| P/B | 1.8x | — |
| Dividend yield | — | 1.3% |