LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
68.25 USD
+0.62 (+0.92%)
68.24 USD
-0.01 (-0.01%)
Overall LVS gets a fundamental rating of 4 out of 10. We evaluated LVS against 132 industry peers in the Hotels, Restaurants & Leisure industry. While LVS is still in line with the averages on profitability rating, there are concerns on its financial health. LVS is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
LVS had positive earnings in the past year.
LVS had a positive operating cash flow in the past year.
In multiple years LVS reported negative net income over the last 5 years.
In multiple years LVS reported negative operating cash flow during the last 5 years.
1.2 Ratios
Looking at the Return On Assets, with a value of 7.24%, LVS is in the better half of the industry, outperforming 75.76% of the companies in the same industry.
LVS's Return On Equity of 99.05% is amongst the best of the industry. LVS outperforms 95.45% of its industry peers.
LVS's Return On Invested Capital of 14.11% is amongst the best of the industry. LVS outperforms 81.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.24% | ||
| ROE | 99.05% | ||
| ROIC | 14.11% |
ROA(3y)6.97%
ROA(5y)1.61%
ROE(3y)42.33%
ROE(5y)4.43%
ROIC(3y)N/A
ROIC(5y)N/A
1.3 Margins
LVS's Profit Margin of 12.69% is amongst the best of the industry. LVS outperforms 81.06% of its industry peers.
LVS's Profit Margin has declined in the last couple of years.
LVS's Operating Margin of 22.77% is amongst the best of the industry. LVS outperforms 85.61% of its industry peers.
LVS's Operating Margin has declined in the last couple of years.
LVS has a Gross Margin of 47.68%. This is comparable to the rest of the industry: LVS outperforms 54.55% of its industry peers.
LVS's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 22.77% | ||
| PM (TTM) | 12.69% | ||
| GM | 47.68% |
OM growth 3YN/A
OM growth 5Y-5.25%
PM growth 3YN/A
PM growth 5Y-10.47%
GM growth 3Y8.77%
GM growth 5Y-0.34%
2. Health
2.1 Basic Checks
LVS has a Return on Invested Capital (ROIC), which is well above the Cost of Capital (WACC), which means it is creating value.
The number of shares outstanding for LVS has been reduced compared to 1 year ago.
LVS has less shares outstanding than it did 5 years ago.
The debt/assets ratio for LVS is higher compared to a year ago.
2.2 Solvency
LVS has an Altman-Z score of 2.65. This is not the best score and indicates that LVS is in the grey zone with still only limited risk for bankruptcy at the moment.
LVS has a better Altman-Z score (2.65) than 71.21% of its industry peers.
LVS has a debt to FCF ratio of 12.98. This is a negative value and a sign of low solvency as LVS would need 12.98 years to pay back of all of its debts.
With a Debt to FCF ratio value of 12.98, LVS perfoms like the industry average, outperforming 52.27% of the companies in the same industry.
A Debt/Equity ratio of 8.82 is on the high side and indicates that LVS has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 8.82, LVS is doing worse than 65.15% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.65 |
ROIC/WACC1.81
WACC7.79%
2.3 Liquidity
A Current Ratio of 0.89 indicates that LVS may have some problems paying its short term obligations.
LVS's Current ratio of 0.89 is in line compared to the rest of the industry. LVS outperforms 47.73% of its industry peers.
A Quick Ratio of 0.88 indicates that LVS may have some problems paying its short term obligations.
LVS has a Quick ratio (0.88) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 16.88% over the past year.
LVS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.90% yearly.
LVS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.37%.
LVS shows a decrease in Revenue. Measured over the last years, the Revenue has been decreasing by -1.41% yearly.
EPS 1Y (TTM)16.88%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%77.27%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
3.2 Future
Based on estimates for the next years, LVS will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.58% on average per year.
The Revenue is expected to grow by 7.54% on average over the next years.
EPS Next Y28.73%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
EPS Next 5Y19.58%
Revenue Next Year11.85%
Revenue Next 2Y8.45%
Revenue Next 3Y7.15%
Revenue Next 5Y7.54%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 25.28, which means the current valuation is very expensive for LVS.
LVS's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.15, LVS is valued at the same level.
Based on the Price/Forward Earnings ratio of 21.06, the valuation of LVS can be described as rather expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of LVS is on the same level as its industry peers.
Compared to an average S&P500 Price/Forward Earnings ratio of 36.12, LVS is valued a bit cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.28 | ||
| Fwd PE | 21.06 |
4.2 Price Multiples
LVS's Enterprise Value to EBITDA is on the same level as the industry average.
LVS's Price/Free Cash Flow is on the same level as the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.56 | ||
| EV/EBITDA | 13.74 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as LVS's earnings are expected to grow with 16.36% in the coming years.
PEG (NY)0.88
PEG (5Y)N/A
EPS Next 2Y19.23%
EPS Next 3Y16.36%
5. Dividend
5.1 Amount
LVS has a Yearly Dividend Yield of 1.58%.
Compared to an average industry Dividend Yield of 6.38, LVS pays a bit more dividend than its industry peers.
LVS's Dividend Yield is slightly below the S&P500 average, which is at 2.41.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
5.2 History
The dividend of LVS decreases each year by -26.75%.
LVS has been paying a dividend for at least 10 years, so it has a reliable track record.
The dividend of LVS decreased recently.
Dividend Growth(5Y)-26.75%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
51.99% of the earnings are spent on dividend by LVS. This is a bit on the high side, but may be sustainable.
DP51.99%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
68.25
+0.62 (+0.92%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners45.68%
Inst Owner Change-4.07%
Ins Owners26.07%
Ins Owner Change-0.03%
Market Cap46.85B
Revenue(TTM)12.26B
Net Income(TTM)1.56B
Analysts80
Price Target67.03 (-1.79%)
Short Float %2.79%
Short Ratio1.43
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.58% |
Yearly Dividend0.8
Dividend Growth(5Y)-26.75%
DP51.99%
Div Incr Years1
Div Non Decr Years1
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)38.4%
Min EPS beat(2)28.55%
Max EPS beat(2)48.26%
EPS beat(4)3
Avg EPS beat(4)17.97%
Min EPS beat(4)-7.85%
Max EPS beat(4)48.26%
EPS beat(8)4
Avg EPS beat(8)7.8%
EPS beat(12)7
Avg EPS beat(12)-0.58%
EPS beat(16)8
Avg EPS beat(16)-5.81%
Revenue beat(2)2
Avg Revenue beat(2)9.97%
Min Revenue beat(2)8.89%
Max Revenue beat(2)11.05%
Revenue beat(4)2
Avg Revenue beat(4)4.43%
Min Revenue beat(4)-2.09%
Max Revenue beat(4)11.05%
Revenue beat(8)2
Avg Revenue beat(8)1.22%
Revenue beat(12)5
Avg Revenue beat(12)1.99%
Revenue beat(16)7
Avg Revenue beat(16)0.53%
PT rev (1m)9.79%
PT rev (3m)12.79%
EPS NQ rev (1m)15.62%
EPS NQ rev (3m)14.02%
EPS NY rev (1m)8.89%
EPS NY rev (3m)9.13%
Revenue NQ rev (1m)4.29%
Revenue NQ rev (3m)4.46%
Revenue NY rev (1m)3.36%
Revenue NY rev (3m)3.47%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.28 | ||
| Fwd PE | 21.06 | ||
| P/S | 3.82 | ||
| P/FCF | 38.56 | ||
| P/OCF | 17.14 | ||
| P/B | 29.82 | ||
| P/tB | 47.86 | ||
| EV/EBITDA | 13.74 |
EPS(TTM)2.7
EY3.96%
EPS(NY)3.24
Fwd EY4.75%
FCF(TTM)1.77
FCFY2.59%
OCF(TTM)3.98
OCFY5.84%
SpS17.87
BVpS2.29
TBVpS1.43
PEG (NY)0.88
PEG (5Y)N/A
Graham Number11.79
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.24% | ||
| ROE | 99.05% | ||
| ROCE | 16.59% | ||
| ROIC | 14.11% | ||
| ROICexc | 17.61% | ||
| ROICexgc | 18.42% | ||
| OM | 22.77% | ||
| PM (TTM) | 12.69% | ||
| GM | 47.68% | ||
| FCFM | 9.91% |
ROA(3y)6.97%
ROA(5y)1.61%
ROE(3y)42.33%
ROE(5y)4.43%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexgc growth 3YN/A
ROICexgc growth 5Y0.93%
ROICexc growth 3YN/A
ROICexc growth 5Y-0.02%
OM growth 3YN/A
OM growth 5Y-5.25%
PM growth 3YN/A
PM growth 5Y-10.47%
GM growth 3Y8.77%
GM growth 5Y-0.34%
F-Score6
Asset Turnover0.57
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Debt/EBITDA | 3.21 | ||
| Cap/Depr | 99.93% | ||
| Cap/Sales | 12.39% | ||
| Interest Coverage | 4.27 | ||
| Cash Conversion | 63.39% | ||
| Profit Quality | 78.08% | ||
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 | ||
| Altman-Z | 2.65 |
F-Score6
WACC7.79%
ROIC/WACC1.81
Cap/Depr(3y)95.43%
Cap/Depr(5y)95.88%
Cap/Sales(3y)15.03%
Cap/Sales(5y)21.33%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)16.88%
EPS 3YN/A
EPS 5Y-6.9%
EPS Q2Q%77.27%
EPS Next Y28.73%
EPS Next 2Y19.23%
EPS Next 3Y16.36%
EPS Next 5Y19.58%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
Revenue Next Year11.85%
Revenue Next 2Y8.45%
Revenue Next 3Y7.15%
Revenue Next 5Y7.54%
EBIT growth 1Y8.76%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year79.24%
EBIT Next 3Y25.81%
EBIT Next 5Y21.68%
FCF growth 1Y19.47%
FCF growth 3YN/A
FCF growth 5Y-3.76%
OCF growth 1Y29.15%
OCF growth 3Y497.77%
OCF growth 5Y1.07%
LAS VEGAS SANDS CORP / LVS FAQ
What is the fundamental rating for LVS stock?
ChartMill assigns a fundamental rating of 4 / 10 to LVS.
Can you provide the valuation status for LAS VEGAS SANDS CORP?
ChartMill assigns a valuation rating of 3 / 10 to LAS VEGAS SANDS CORP (LVS). This can be considered as Overvalued.
Can you provide the profitability details for LAS VEGAS SANDS CORP?
LAS VEGAS SANDS CORP (LVS) has a profitability rating of 5 / 10.
What is the financial health of LAS VEGAS SANDS CORP (LVS) stock?
The financial health rating of LAS VEGAS SANDS CORP (LVS) is 3 / 10.
What is the earnings growth outlook for LAS VEGAS SANDS CORP?
The Earnings per Share (EPS) of LAS VEGAS SANDS CORP (LVS) is expected to grow by 28.73% in the next year.