LAS VEGAS SANDS CORP (LVS) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:LVS - US5178341070 - Common Stock
59.94 USD
+0.34 (+0.57%)
59.94 USD
0 (0%)
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 has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
- In the past year LVS was profitable.
- 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
- LVS has a better Return On Assets (7.24%) than 76.69% of its industry peers.
- LVS's Return On Equity of 99.05% is amongst the best of the industry. LVS outperforms 94.74% of its industry peers.
- LVS has a Return On Invested Capital of 14.11%. This is amongst the best in the industry. LVS outperforms 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
- LVS has a Profit Margin of 12.69%. This is amongst the best in the industry. LVS outperforms 81.20% of its industry peers.
- LVS's Profit Margin has declined in the last couple of years.
- Looking at the Operating Margin, with a value of 22.77%, LVS belongs to the top of the industry, outperforming 85.71% of the companies in the same industry.
- In the last couple of years the Operating Margin of LVS has declined.
- LVS's Gross Margin of 47.68% is in line compared to the rest of the industry. LVS outperforms 54.14% 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
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so LVS is still creating some 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.
- LVS has a worse debt/assets ratio than last year.
2.2 Solvency
- An Altman-Z score of 2.46 indicates that LVS is not a great score, but indicates only limited risk for bankruptcy at the moment.
- LVS has a Altman-Z score of 2.46. This is in the better half of the industry: LVS outperforms 65.41% 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.
- LVS has a Debt to FCF ratio (12.98) which is in line with its industry peers.
- LVS has a Debt/Equity ratio of 8.82. This is a high value indicating a heavy dependency on external financing.
- LVS has a Debt to Equity ratio of 8.82. This is in the lower half of the industry: LVS underperforms 66.17% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 8.82 | ||
| Debt/FCF | 12.98 | ||
| Altman-Z | 2.46 |
ROIC/WACC1.77
WACC7.98%
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 48.12% 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 (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
- 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.
- LVS shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -6.90% yearly.
- Looking at the last year, LVS shows a quite strong growth in Revenue. The Revenue has grown by 8.37% in the last year.
- 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
- LVS is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.58% yearly.
- 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 Year12%
Revenue Next 2Y8.71%
Revenue Next 3Y7.44%
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.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 22.20, LVS is valued on the expensive side.
- Compared to the rest of the industry, the Price/Earnings ratio of LVS indicates a somewhat cheap valuation: LVS is cheaper than 64.66% of the companies listed in the same industry.
- LVS is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 27.32, which is the current average of the S&P500 Index.
- LVS is valuated rather expensively with a Price/Forward Earnings ratio of 18.48.
- Based on the Price/Forward Earnings ratio, LVS is valued a bit cheaper than 64.66% of the companies in the same industry.
- When comparing the Price/Forward Earnings ratio of LVS to the average of the S&P500 Index (24.32), we can say LVS is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 22.2 | ||
| Fwd PE | 18.48 |
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 | 33.36 | ||
| EV/EBITDA | 12.28 |
4.3 Compensation for Growth
- LVS's 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)0.76
PEG (5Y)N/A
EPS Next 2Y19.26%
EPS Next 3Y16.23%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.65%, LVS has a reasonable but not impressive dividend return.
- LVS's Dividend Yield is a higher than the industry average which is at 1.19.
- Compared to an average S&P500 Dividend Yield of 1.83, LVS has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.65% |
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.
- LVS has decreased its dividend 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%
LAS VEGAS SANDS CORP / LVS FAQ
What is the fundamental rating for LVS stock?
ChartMill assigns a fundamental rating of 4 / 10 to LVS.
What is the valuation status for LVS stock?
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.
Can you provide the PE and PB ratios for LVS stock?
The Price/Earnings (PE) ratio for LAS VEGAS SANDS CORP (LVS) is 22.2 and the Price/Book (PB) ratio is 25.8.
Can you provide the dividend sustainability for LVS stock?
The dividend rating of LAS VEGAS SANDS CORP (LVS) is 4 / 10 and the dividend payout ratio is 51.99%.