LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
65.64 USD
-0.56 (-0.85%)
65.5 USD
-0.14 (-0.21%)
Overall LVS gets a fundamental rating of 4 out of 10. We evaluated LVS against 133 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 not valued too expensively and it also shows 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.
The reported net income has been mixed in the past 5 years: LVS reported negative net income in multiple 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 75.94% of the companies in the same industry.
Looking at the Return On Equity, with a value of 99.05%, LVS belongs to the top of the industry, outperforming 94.74% of the companies in the same industry.
LVS has a better Return On Invested Capital (14.11%) than 81.95% 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
With an excellent Profit Margin value of 12.69%, LVS belongs to the best of the industry, outperforming 81.20% of the companies in the same industry.
LVS's Profit Margin has declined in the last couple of years.
LVS has a Operating Margin of 22.77%. This is amongst the best in the industry. LVS outperforms 85.71% of its industry peers.
LVS's Operating Margin has declined in the last couple of years.
The Gross Margin of LVS (47.68%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of LVS has remained more or less at the same level.
| 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 just above the Cost of Capital (WACC), which means it is creating some value.
LVS has less shares outstanding than it did 1 year ago.
Compared to 5 years ago, LVS has less shares outstanding
The debt/assets ratio for LVS is higher compared to a year ago.
2.2 Solvency
An Altman-Z score of 2.58 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
LVS's Altman-Z score of 2.58 is fine compared to the rest of the industry. LVS outperforms 69.17% of its industry peers.
The Debt to FCF ratio of LVS is 12.98, which is on the high side as it means it would take LVS, 12.98 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of LVS (12.98) is comparable to the rest of the industry.
A Debt/Equity ratio of 8.82 is on the high side and indicates that LVS has dependencies on debt financing.
The Debt to Equity ratio of LVS (8.82) is worse than 66.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.58 |
ROIC/WACC1.7
WACC8.31%
2.3 Liquidity
A Current Ratio of 0.89 indicates that LVS may have some problems paying its short term obligations.
LVS has a Current ratio of 0.89. This is comparable to the rest of the industry: LVS outperforms 47.37% of its industry peers.
LVS has a Quick Ratio of 0.89. This is a bad value and indicates that LVS is not financially healthy enough and could expect problems in meeting its short term obligations.
LVS has a Quick ratio of 0.88. This is comparable to the rest of the industry: LVS outperforms 49.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.89 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
LVS shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 16.88%, which is quite good.
The Earnings Per Share has been decreasing by -6.90% on average over the past years.
LVS shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 8.37%.
The Revenue has been decreasing by -1.41% on average over the past years.
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.
Based on estimates for the next years, LVS will show a small growth in Revenue. The Revenue will grow by 7.54% on average per year.
EPS Next Y29.37%
EPS Next 2Y19.26%
EPS Next 3Y16.23%
EPS Next 5Y19.58%
Revenue Next Year11.98%
Revenue Next 2Y8.76%
Revenue Next 3Y7.35%
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
LVS is valuated rather expensively with a Price/Earnings ratio of 24.31.
Compared to the rest of the industry, the Price/Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 62.41% of the companies listed in the same industry.
The average S&P500 Price/Earnings ratio is at 26.84. LVS is around the same levels.
A Price/Forward Earnings ratio of 20.24 indicates a rather expensive valuation of LVS.
LVS's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. LVS is cheaper than 62.41% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.40, LVS is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.31 | ||
| Fwd PE | 20.24 |
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 ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 36.53 | ||
| EV/EBITDA | 13.17 |
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 16.23% in the coming years.
PEG (NY)0.83
PEG (5Y)N/A
EPS Next 2Y19.26%
EPS Next 3Y16.23%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 1.51%, LVS has a reasonable but not impressive dividend return.
LVS's Dividend Yield is a higher than the industry average which is at 1.66.
LVS's Dividend Yield is slightly below the S&P500 average, which is at 2.00.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
5.2 History
The dividend of LVS decreases each year by -26.75%.
LVS has paid a dividend for at least 10 years, which is 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 2Y19.26%
EPS Next 3Y16.23%
65.64
-0.56 (-0.85%)
Chartmill FA Rating
GICS SectorConsumer Discretionary
GICS IndustryGroupConsumer Services
GICS IndustryHotels, Restaurants & Leisure
Earnings (Last)
Earnings (Next)
Inst Owners42.4%
Inst Owner Change-4.02%
Ins Owners26.46%
Ins Owner Change-0.07%
Market Cap44.38B
Revenue(TTM)12.26B
Net Income(TTM)1.56B
Analysts79.2
Price Target68.83 (4.86%)
Short Float %3.56%
Short Ratio1.88
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.51% |
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)2.69%
PT rev (3m)12.74%
EPS NQ rev (1m)0.03%
EPS NQ rev (3m)13.59%
EPS NY rev (1m)0.49%
EPS NY rev (3m)9.51%
Revenue NQ rev (1m)0.24%
Revenue NQ rev (3m)4.51%
Revenue NY rev (1m)0.12%
Revenue NY rev (3m)3.41%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 24.31 | ||
| Fwd PE | 20.24 | ||
| P/S | 3.62 | ||
| P/FCF | 36.53 | ||
| P/OCF | 16.23 | ||
| P/B | 28.25 | ||
| P/tB | 45.33 | ||
| EV/EBITDA | 13.17 |
EPS(TTM)2.7
EY4.11%
EPS(NY)3.24
Fwd EY4.94%
FCF(TTM)1.8
FCFY2.74%
OCF(TTM)4.04
OCFY6.16%
SpS18.14
BVpS2.32
TBVpS1.45
PEG (NY)0.83
PEG (5Y)N/A
Graham Number11.88
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 | 2.58 |
F-Score6
WACC8.31%
ROIC/WACC1.7
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 Y29.37%
EPS Next 2Y19.26%
EPS Next 3Y16.23%
EPS Next 5Y19.58%
Revenue 1Y (TTM)8.37%
Revenue growth 3Y38.7%
Revenue growth 5Y-1.41%
Sales Q2Q%24.2%
Revenue Next Year11.98%
Revenue Next 2Y8.76%
Revenue Next 3Y7.35%
Revenue Next 5Y7.54%
EBIT growth 1Y8.76%
EBIT growth 3YN/A
EBIT growth 5Y-6.58%
EBIT Next Year89.18%
EBIT Next 3Y28.4%
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 4 / 10 to LAS VEGAS SANDS CORP (LVS). This can be considered as Fairly Valued.
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 29.37% in the next year.