Red Rock Resorts Inc (RRR) is slightly undervalued and Wynn Resorts Ltd (WYNN) is undervalued.
Against our estimates of intrinsic value, WYNN trades at the wider discount: a margin of safety of +53%, against +8% for RRR.
Values as of the 22 Sept 2026 close.
Discounting its cash flows at 8.9% (average of 3 methods) values the shares at $52.93; the price of $48.76 is 8% below that value, and 77% of that value comes from beyond year five.
Leak Score 0/100 on 3 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 | RRR | WYNN |
|---|---|---|
| Verdict | Slightly undervalued | Undervalued |
| Price | $48.76 | $82.51 |
| Intrinsic value | $52.93 | $176.42 |
| Margin of safety | +8% | +53% |
| Leak Score | 0/100 (3/12) | 56/100 (2/12) |
| Market cap | $5.1B | $8.5B |
| Revenue growth, 5 years | 11.2% | 27.8% |
| Operating margin | 28.6% | 16.3% |
| Net margin | 8.4% | 6.1% |
| Return on equity | 90.2% | — |
| Debt to equity | 21.25 | — |
| P/E | 17.3x | 19.8x |
| Forward P/E | 16.7x | 16.5x |
| P/B | 16.9x | — |
| Dividend yield | 3.7% | 1.3% |